Johnson Controls International plc (NYSE:JCI) Shares Acquired by Bridgewater Associates LP

Bridgewater Associates LP increased its stake in shares of Johnson Controls International plc (NYSE:JCI) by 47.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,600 shares of the company’s stock after purchasing an additional 1,810 shares during the quarter. Bridgewater Associates LP’s holdings in Johnson Controls International were worth $442,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of JCI. Park Avenue Securities LLC increased its stake in shares of Johnson Controls International by 101.5% during the fourth quarter. Park Avenue Securities LLC now owns 26,517 shares of the company’s stock worth $2,093,000 after acquiring an additional 13,360 shares during the period. Certuity LLC purchased a new stake in Johnson Controls International in the 4th quarter valued at approximately $243,000. BNC Wealth Management LLC acquired a new position in Johnson Controls International during the 4th quarter worth approximately $2,093,000. Seros Financial LLC purchased a new position in shares of Johnson Controls International during the 4th quarter worth approximately $561,000. Finally, Czech National Bank lifted its holdings in shares of Johnson Controls International by 6.4% in the 4th quarter. Czech National Bank now owns 144,839 shares of the company’s stock valued at $11,432,000 after buying an additional 8,758 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Stock Up 0.1 %

Shares of NYSE JCI opened at $76.77 on Friday. The firm has a market cap of $50.68 billion, a P/E ratio of 29.30, a price-to-earnings-growth ratio of 1.96 and a beta of 1.22. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. Johnson Controls International plc has a 1 year low of $59.83 and a 1 year high of $91.14. The firm’s 50 day moving average price is $81.28 and its 200 day moving average price is $80.81.

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%. As a group, sell-side analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.93%. The ex-dividend date was Monday, March 24th. Johnson Controls International’s dividend payout ratio (DPR) is 56.49%.

Insiders Place Their Bets

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 1,950 shares of Johnson Controls International stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total transaction of $171,073.50. Following the transaction, the vice president now directly owns 24,803 shares of the company’s stock, valued at $2,175,967.19. The trade was a 7.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total transaction of $113,361.84. Following the completion of the sale, the vice president now directly owns 145,502 shares of the company’s stock, valued at $11,599,419.44. The trade was a 0.97 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 907,286 shares of company stock valued at $77,938,071 over the last quarter. Company insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on JCI. JPMorgan Chase & Co. decreased their target price on shares of Johnson Controls International from $100.00 to $81.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 8th. Citigroup decreased their price objective on shares of Johnson Controls International from $95.00 to $85.00 and set a “neutral” rating on the stock in a report on Monday, April 14th. Barclays dropped 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 report on Monday, March 10th. Melius lowered Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target on the stock. in a research note on Tuesday, January 28th. Finally, UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and raised their price objective for the company from $90.00 to $103.00 in a research note on Monday, February 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, the stock has an average rating of “Moderate Buy” and an average target price of $90.07.

About Johnson Controls International

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.