Russell Investments Group Ltd. Sells 15,206 Shares of Johnson Controls International plc (NYSE:JCI)

Russell Investments Group Ltd. cut its stake in shares of Johnson Controls International plc (NYSE:JCI) by 3.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 474,277 shares of the company’s stock after selling 15,206 shares during the period. Russell Investments Group Ltd.’s holdings in Johnson Controls International were worth $37,482,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Compass Financial Services Inc acquired a new position in Johnson Controls International in the 4th quarter worth about $26,000. SBI Securities Co. Ltd. acquired a new position in shares of Johnson Controls International in the fourth quarter valued at approximately $29,000. Crowley Wealth Management Inc. bought a new position in Johnson Controls International in the 4th quarter valued at approximately $42,000. Synergy Asset Management LLC acquired a new stake in Johnson Controls International during the 4th quarter worth approximately $42,000. Finally, ST Germain D J Co. Inc. grew its holdings in 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 acquiring an additional 134 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Price Performance

JCI stock opened at $71.92 on Tuesday. Johnson Controls International plc has a 1 year low of $59.83 and a 1 year high of $91.14. The stock has a market capitalization of $47.47 billion, a PE ratio of 27.45, a price-to-earnings-growth ratio of 1.96 and a beta of 1.22. The company’s 50-day moving average is $82.53 and its 200-day moving average is $80.85. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. Equities research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date of this dividend is Monday, March 24th. Johnson Controls International’s dividend payout ratio (DPR) is 56.49%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Melius Research reiterated a “hold” rating and set a $95.00 price target on shares of Johnson Controls International in a report on Tuesday, January 28th. Morgan Stanley lifted their target price on Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Citigroup lowered their price objective on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research report on Monday, January 13th. JPMorgan Chase & Co. lifted their price objective on Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Finally, Barclays decreased their target price on shares of Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating for the company in a research report on Monday, March 10th. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Johnson Controls International currently has a consensus rating of “Moderate Buy” and an average price target of $91.27.

Insider Activity

In other Johnson Controls International news, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the completion of the transaction, the chief executive officer now owns 1,260,527 shares in the company, valued at approximately $110,964,191.81. The trade was a 14.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the sale, the vice president now directly owns 148,346 shares of the company’s stock, valued at $11,339,568.24. This represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 907,286 shares of company stock worth $77,938,071 over the last three months. 0.54% of the stock is currently owned by insiders.

Johnson Controls International 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.