SOA Wealth Advisors LLC. Has $755,000 Holdings in Johnson Controls International plc (NYSE:JCI)

SOA Wealth Advisors LLC. raised its position in Johnson Controls International plc (NYSE:JCI) by 5,715.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,421 shares of the company’s stock after buying an additional 9,259 shares during the period. SOA Wealth Advisors LLC.’s holdings in Johnson Controls International were worth $755,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JCI. Compass Financial Services Inc acquired a new position in Johnson Controls International in the fourth quarter valued at about $26,000. SBI Securities Co. Ltd. acquired a new position in Johnson Controls International in the fourth quarter valued at about $29,000. Crowley Wealth Management Inc. acquired a new position in Johnson Controls International in the fourth quarter valued at about $42,000. Gables Capital Management Inc. raised its stake in shares of Johnson Controls International by 132.0% in the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company’s stock worth $46,000 after acquiring an additional 330 shares during the last quarter. Finally, Flagship Wealth Advisors LLC bought a new position in shares of Johnson Controls International in the fourth quarter worth about $48,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Controls International Trading Up 1.5%

Shares of NYSE JCI opened at $103.81 on Friday. The company’s 50 day simple moving average is $87.90 and its 200 day simple moving average is $84.20. Johnson Controls International plc has a fifty-two week low of $64.31 and a fifty-two week high of $103.84. The firm has a market capitalization of $68.31 billion, a P/E ratio of 39.62, a P/E/G ratio of 1.96 and a beta of 1.33. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.05. The business had revenue of $5.68 billion for the quarter, compared to analyst estimates of $5.64 billion. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Johnson Controls International’s revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.78 earnings per share. On average, analysts predict that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were issued a $0.37 dividend. The ex-dividend date was Monday, March 24th. This represents a $1.48 annualized dividend and a yield of 1.43%. Johnson Controls International’s dividend payout ratio (DPR) is presently 39.47%.

Insiders Place Their Bets

In other Johnson Controls International news, VP Anuruddha Rathninde sold 15,000 shares of the stock in a transaction on Friday, June 6th. The shares were sold at an average price of $103.13, for a total value of $1,546,950.00. Following the sale, the vice president now directly owns 42,574 shares in the company, valued at approximately $4,390,656.62. This trade represents a 26.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Marc Vandiepenbeeck sold 28,289 shares of the stock in a transaction on Thursday, May 8th. The stock was sold at an average price of $90.92, for a total transaction of $2,572,035.88. Following the completion of the sale, the chief financial officer now owns 147,673 shares in the company, valued at approximately $13,426,429.16. This trade represents a 16.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 347,555 shares of company stock worth $29,536,076. Company insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Oppenheimer boosted their target price on shares of Johnson Controls International from $90.00 to $96.00 and gave the stock an “outperform” rating in a research note on Thursday, May 8th. Vertical Research raised shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $105.00 target price for the company in a research note on Thursday, May 8th. Morgan Stanley boosted their target price on shares of Johnson Controls International from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Friday, May 9th. Citigroup dropped their target price on shares of Johnson Controls International from $95.00 to $85.00 and set a “neutral” rating for the company in a research note on Monday, April 14th. Finally, Deutsche Bank Aktiengesellschaft raised shares of Johnson Controls International from a “hold” rating to a “buy” rating and boosted their target price for the stock from $101.00 to $112.00 in a research note on Monday, May 12th. Eight investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Johnson Controls International has a consensus rating of “Moderate Buy” and a consensus target price of $97.88.

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.