Vision Financial Markets LLC Has $27,000 Stake in Johnson Controls International plc $JCI

Vision Financial Markets LLC lowered its stake in shares of Johnson Controls International plc (NYSE:JCI) by 28.4% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 252 shares of the company’s stock after selling 100 shares during the period. Vision Financial Markets LLC’s holdings in Johnson Controls International were worth $27,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in JCI. Fjarde AP Fonden Fourth Swedish National Pension Fund raised its holdings in Johnson Controls International by 27.6% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 99,838 shares of the company’s stock valued at $10,545,000 after acquiring an additional 21,600 shares in the last quarter. SYM FINANCIAL Corp increased its position in shares of Johnson Controls International by 46.8% during the second quarter. SYM FINANCIAL Corp now owns 3,713 shares of the company’s stock valued at $392,000 after purchasing an additional 1,184 shares during the period. Teacher Retirement System of Texas raised its stake in shares of Johnson Controls International by 14.1% in the second quarter. Teacher Retirement System of Texas now owns 221,436 shares of the company’s stock valued at $23,388,000 after purchasing an additional 27,381 shares in the last quarter. Transcend Capital Advisors LLC lifted its position in Johnson Controls International by 16.8% in the second quarter. Transcend Capital Advisors LLC now owns 4,661 shares of the company’s stock worth $492,000 after purchasing an additional 670 shares during the period. Finally, Convergence Investment Partners LLC boosted its stake in Johnson Controls International by 104.4% during the second quarter. Convergence Investment Partners LLC now owns 24,702 shares of the company’s stock worth $2,609,000 after buying an additional 12,619 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

Insider Transactions at Johnson Controls International

In related news, VP Nathan D. Manning sold 1,422 shares of the company’s stock in a transaction dated Tuesday, September 2nd. The shares were sold at an average price of $105.06, for a total transaction of $149,395.32. Following the transaction, the vice president owned 139,459 shares in the company, valued at $14,651,562.54. This represents a 1.01% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Daniel C. Mcconeghy sold 5,917 shares of the firm’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $105.73, for a total transaction of $625,604.41. Following the completion of the sale, the vice president owned 25,005 shares of the company’s stock, valued at $2,643,778.65. The trade was a 19.14% decrease in their position. The disclosure for this sale can be found here. Insiders sold 8,761 shares of company stock valued at $922,447 over the last ninety days. 0.54% of the stock is currently owned by company insiders.

Johnson Controls International Price Performance

Shares of Johnson Controls International stock opened at $113.10 on Tuesday. The stock has a market capitalization of $74.01 billion, a price-to-earnings ratio of 33.56, a P/E/G ratio of 1.69 and a beta of 1.33. The firm’s 50-day moving average price is $108.00 and its two-hundred day moving average price is $101.93. The company has a current ratio of 0.96, a quick ratio of 0.81 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 1-year low of $68.03 and a 1-year high of $114.60.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Tuesday, July 29th. The company reported $1.05 EPS for the quarter, topping the consensus estimate of $0.99 by $0.06. The business had revenue of $6.05 billion for the quarter, compared to the consensus estimate of $5.99 billion. Johnson Controls International had a return on equity of 14.71% and a net margin of 9.53%. On average, equities analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 17th. Investors of record on Monday, September 22nd were issued a $0.40 dividend. This is a positive change from Johnson Controls International’s previous quarterly dividend of $0.37. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, September 22nd. Johnson Controls International’s dividend payout ratio (DPR) is presently 47.48%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on JCI shares. Robert W. Baird increased their price objective on shares of Johnson Controls International from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Tuesday, October 14th. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a research report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Johnson Controls International from $124.00 to $125.00 and gave the stock a “buy” rating in a research note on Thursday, October 2nd. JPMorgan Chase & Co. upped their price objective on Johnson Controls International from $105.00 to $125.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Finally, The Goldman Sachs Group increased their target price on Johnson Controls International from $119.00 to $124.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Ten analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $113.41.

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.