Sei Investments Co. Sells 35,988 Shares of Johnson Controls International plc (NYSE:JCI)

Sei Investments Co. decreased its position in Johnson Controls International plc (NYSE:JCI) by 5.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 683,295 shares of the company’s stock after selling 35,988 shares during the period. Sei Investments Co.’s holdings in Johnson Controls International were worth $53,934,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of JCI. Compass Financial Services Inc acquired a new position in shares of Johnson Controls International in the 4th quarter valued at about $26,000. SBI Securities Co. Ltd. bought a new stake in Johnson Controls International in the fourth quarter worth approximately $29,000. Synergy Asset Management LLC acquired a new position in Johnson Controls International in the fourth quarter valued at approximately $42,000. ST Germain D J Co. Inc. boosted its holdings in shares of Johnson Controls International by 32.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after buying an additional 134 shares in the last quarter. Finally, Gables Capital Management Inc. grew its position in shares of Johnson Controls International by 132.0% during the 4th quarter. Gables Capital Management Inc. now owns 580 shares of the company’s stock worth $46,000 after buying an additional 330 shares during the period. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Price Performance

JCI opened at $82.64 on Monday. Johnson Controls International plc has a 1 year low of $59.83 and a 1 year high of $91.14. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The company has a market capitalization of $54.55 billion, a price-to-earnings ratio of 31.54, a P/E/G ratio of 1.96 and a beta of 1.32. The firm’s fifty day moving average price is $82.70 and its two-hundred day moving average price is $80.17.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. As a group, analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 1.79%. Johnson Controls International’s dividend payout ratio (DPR) is currently 56.49%.

Insider Buying and Selling

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 1,950 shares of Johnson Controls International stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the sale, the vice president now owns 24,803 shares of the company’s stock, valued at approximately $2,175,967.19. The trade was a 7.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO George Oliver sold 162,894 shares of the stock in a transaction that occurred on Friday, February 14th. The shares were sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the transaction, the chief executive officer now directly owns 1,203,893 shares of the company’s stock, valued at $107,483,567.04. This represents a 11.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 905,864 shares of company stock worth $77,824,710. 0.54% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Melius Research reiterated a “hold” rating and set a $95.00 target price on shares of Johnson Controls International in a research report on Tuesday, January 28th. Wells Fargo & Company increased their price objective on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Melius downgraded Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price for the company. in a research note on Tuesday, January 28th. Argus raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target on the stock in a research note on Friday, December 20th. Finally, Royal Bank of Canada raised their price objective on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research note on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $91.27.

Johnson Controls International Company Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.