Johnson Controls International plc (NYSE:JCI) Shares Sold by Bailard Inc.

Bailard Inc. decreased its stake in shares of Johnson Controls International plc (NYSE:JCI) by 36.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,057 shares of the company’s stock after selling 7,509 shares during the period. Bailard Inc.’s holdings in Johnson Controls International were worth $753,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Optimum Investment Advisors increased its position in Johnson Controls International by 17.5% during the fourth quarter. Optimum Investment Advisors now owns 1,175 shares of the company’s stock worth $68,000 after purchasing an additional 175 shares during the last quarter. Raleigh Capital Management Inc. increased its position in shares of Johnson Controls International by 3.9% in the third quarter. Raleigh Capital Management Inc. now owns 4,767 shares of the company’s stock worth $254,000 after acquiring an additional 179 shares in the last quarter. BSW Wealth Partners increased its position in shares of Johnson Controls International by 4.3% in the fourth quarter. BSW Wealth Partners now owns 4,494 shares of the company’s stock worth $259,000 after acquiring an additional 185 shares in the last quarter. Cottage Street Advisors LLC increased its position in shares of Johnson Controls International by 4.9% in the third quarter. Cottage Street Advisors LLC now owns 4,189 shares of the company’s stock worth $223,000 after acquiring an additional 196 shares in the last quarter. Finally, Mutual Advisors LLC increased its position in shares of Johnson Controls International by 0.4% in the third quarter. Mutual Advisors LLC now owns 46,147 shares of the company’s stock worth $2,455,000 after acquiring an additional 199 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Trading Up 1.0 %

NYSE JCI opened at $65.11 on Friday. Johnson Controls International plc has a 12 month low of $47.90 and a 12 month high of $70.43. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.97 and a quick ratio of 0.73. The company has a market capitalization of $44.37 billion, a price-to-earnings ratio of 21.21, a price-to-earnings-growth ratio of 1.62 and a beta of 1.24. The company’s fifty day moving average price is $62.79 and its two-hundred day moving average price is $56.87.

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

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 19th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.27%. Johnson Controls International’s payout ratio is currently 48.21%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on JCI shares. Royal Bank of Canada dropped their price objective on shares of Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating for the company in a research report on Wednesday, January 31st. Barclays increased their price objective on shares of Johnson Controls International from $59.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 2nd. Citigroup raised their price target on shares of Johnson Controls International from $59.00 to $68.00 and gave the company a “neutral” rating in a report on Monday, April 8th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $60.00 price target (down from $65.00) on shares of Johnson Controls International in a report on Wednesday, January 31st. Finally, Melius Research reaffirmed a “hold” rating on shares of Johnson Controls International in a report on Tuesday, January 30th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $64.50.

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.