South Dakota Investment Council Purchases 1,250 Shares of Johnson Controls International plc (NYSE:JCI)

South Dakota Investment Council grew its position in shares of Johnson Controls International plc (NYSE:JCI) by 14.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,050 shares of the company’s stock after buying an additional 1,250 shares during the quarter. South Dakota Investment Council’s holdings in Johnson Controls International were worth $579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of JCI. Turtle Creek Wealth Advisors LLC bought a new position in shares of Johnson Controls International during the 4th quarter valued at $25,000. NBC Securities Inc. bought a new position in shares of Johnson Controls International during the 3rd quarter valued at $26,000. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Johnson Controls International during the 3rd quarter valued at $30,000. Headinvest LLC bought a new position in shares of Johnson Controls International during the 3rd quarter valued at $30,000. Finally, West Paces Advisors Inc. bought a new position in shares of Johnson Controls International during the 3rd quarter valued at $31,000. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Trading Down 0.2 %

JCI opened at $64.45 on Friday. The firm has a market cap of $43.92 billion, a P/E ratio of 20.99, a P/E/G ratio of 1.62 and a beta of 1.24. Johnson Controls International plc has a 12 month low of $47.90 and a 12 month high of $70.43. The company has a current ratio of 0.97, a quick ratio of 0.73 and a debt-to-equity ratio of 0.45. The stock has a 50-day moving average of $62.63 and a 200 day moving average of $56.78.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Tuesday, January 30th. The company reported $0.51 EPS for the quarter, hitting the consensus estimate of $0.51. The company had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.94 billion. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. The firm’s revenue was up .4% on a year-over-year basis. During the same quarter last year, the business posted $0.67 earnings per share. As a group, research analysts forecast that Johnson Controls International plc will post 3.61 EPS for the current year.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Monday, March 25th were given a $0.37 dividend. The ex-dividend date of this dividend was Friday, March 22nd. This represents a $1.48 annualized dividend and a yield of 2.30%. Johnson Controls International’s dividend payout ratio is currently 48.21%.

Wall Street Analyst Weigh In

JCI has been the topic of several research analyst reports. HSBC cut Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 price target on the stock. in a report on Wednesday, January 31st. Oppenheimer raised their target price on Johnson Controls International from $66.00 to $71.00 and gave the stock an “outperform” rating in a report on Thursday, April 18th. Mizuho cut Johnson Controls International from a “buy” rating to a “neutral” rating and set a $62.00 target price on the stock. in a report on Friday, February 23rd. Argus cut Johnson Controls International from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. Finally, Citigroup increased their price target on Johnson Controls International from $59.00 to $68.00 and gave the stock a “neutral” rating in a research note on Monday, April 8th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Johnson Controls International presently has a consensus rating of “Hold” and a consensus price target of $64.50.

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.