Mitsubishi UFJ Asset Management Co. Ltd. Grows Position in Johnson Controls International plc (NYSE:JCI)

Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Johnson Controls International plc (NYSE:JCI) by 9.2% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,054,950 shares of the company’s stock after acquiring an additional 88,960 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.16% of Johnson Controls International worth $84,312,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Gilbert & Cook Inc. grew its position in shares of Johnson Controls International by 2.0% during the fourth quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company’s stock valued at $510,000 after purchasing an additional 127 shares in the last quarter. Jackson Hole Capital Partners LLC boosted its stake in Johnson Controls International by 0.7% during the fourth quarter. Jackson Hole Capital Partners LLC now owns 18,621 shares of the company’s stock valued at $1,470,000 after buying an additional 127 shares during the last quarter. Graypoint LLC grew its holdings in Johnson Controls International by 4.1% during the 4th quarter. Graypoint LLC now owns 3,277 shares of the company’s stock valued at $259,000 after buying an additional 130 shares in the last quarter. ST Germain D J Co. Inc. increased its stake in Johnson Controls International by 32.8% in 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. Finally, Brooklyn Investment Group raised its holdings in shares of Johnson Controls International by 3.1% during the 4th quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock worth $351,000 after acquiring an additional 135 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors.

Insider Transactions at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 1,950 shares of the business’s stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the transaction, the vice president now 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 available at the SEC website. Also, VP Nathan D. Manning sold 1,421 shares of the company’s stock in a transaction 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 owns 148,346 shares of the company’s stock, valued at approximately $11,339,568.24. This represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 905,864 shares of company stock valued at $77,824,710. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Stock Down 0.6 %

Shares of NYSE JCI opened at $82.23 on Friday. The stock has a 50 day moving average price of $82.99 and a 200 day moving average price of $80.43. The firm has a market capitalization of $54.28 billion, a price-to-earnings ratio of 31.39, a PEG ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a 52-week low of $59.83 and a 52-week high of $91.14. 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 (NYSE:JCI) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping 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%. Sell-side analysts expect 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 declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be issued a $0.37 dividend. The ex-dividend date is Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 1.80%. Johnson Controls International’s dividend payout ratio is currently 56.49%.

Analyst Ratings Changes

JCI has been the subject of a number of recent research reports. Royal Bank of Canada raised their target price on shares of Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a report on Thursday, February 6th. Morgan Stanley lifted their price objective on shares of Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Barclays decreased their target price on shares of Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Monday, March 10th. UBS Group upgraded Johnson Controls International from a “neutral” rating to a “buy” rating and raised their price target for the stock from $90.00 to $103.00 in a research report on Monday, February 10th. Finally, Argus raised shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a research note on Friday, December 20th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $91.27.

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.