Johnson Controls International plc (NYSE:JCI) Director Sells $1,214,190.81 in Stock

Johnson Controls International plc (NYSE:JCI) Director George Oliver sold 15,669 shares of Johnson Controls International stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $77.49, for a total value of $1,214,190.81. Following the transaction, the director now directly owns 1,003,893 shares in the company, valued at approximately $77,791,668.57. The trade was a 1.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

George Oliver also recently made the following trade(s):

• On Wednesday, March 12th, George Oliver sold 184,331 shares of Johnson Controls International stock. The shares were sold at an average price of $79.49, for a total value of $14,652,471.19.
• On Tuesday, February 25th, George Oliver sold 129,263 shares of Johnson Controls International stock. The shares were sold at an average price of $83.55, for a total value of $10,799,923.65.
• On Friday, February 14th, George Oliver sold 162,894 shares of Johnson Controls International stock. The shares were sold at an average price of $89.28, for a total value of $14,543,176.32.
• On Monday, February 10th, George Oliver sold 205,168 shares of Johnson Controls International stock. The shares were sold at an average price of $89.07, for a total value of $18,274,313.76.
• On Friday, February 7th, George Oliver sold 205,168 shares of Johnson Controls International stock. The shares were sold at an average price of $88.03, for a total value of $18,060,939.04.

Johnson Controls International Stock Performance

NYSE JCI opened at $79.78 on Monday. The company has a market cap of $52.67 billion, a P/E ratio of 30.45, a P/E/G ratio of 1.96 and a beta of 1.32. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. The business’s 50 day moving average price is $82.41 and its 200-day moving average price is $79.79. Johnson Controls International plc has a fifty-two week low of $59.83 and a fifty-two week high of $91.14.

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

Johnson Controls International Announces Dividend

The firm also recently disclosed 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. This represents a $1.48 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date of this dividend is Monday, March 24th. Johnson Controls International’s payout ratio is currently 56.49%.

Hedge Funds Weigh In On Johnson Controls International

A number of large investors have recently bought and sold shares of JCI. Compass Financial Services Inc purchased a new position in Johnson Controls International during the 4th quarter valued at $26,000. SBI Securities Co. Ltd. purchased a new position in Johnson Controls International during the 4th quarter valued at $29,000. Synergy Asset Management LLC purchased a new position in Johnson Controls International during the 4th quarter valued at $42,000. Crowley Wealth Management Inc. purchased a new position in Johnson Controls International during the 4th quarter valued at $42,000. Finally, ST Germain D J Co. Inc. boosted 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 valued at $43,000 after acquiring an additional 134 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

JCI has been the topic of several recent analyst reports. Barclays decreased their target price on Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research note on Monday, March 10th. JPMorgan Chase & Co. lifted their target price on Johnson Controls International from $87.00 to $100.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Wells Fargo & Company lifted their target price on Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $90.00 to $103.00 in a research note on Monday, February 10th. Finally, Argus raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price objective on the stock in a research note on Friday, December 20th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, Johnson Controls International currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.27.

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.