Johnson Controls International plc (NYSE:JCI) Shares Sold by Alliancebernstein L.P.

Alliancebernstein L.P. decreased its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 715,628 shares of the company’s stock after selling 13,300 shares during the quarter. Alliancebernstein L.P. owned approximately 0.11% of Johnson Controls International worth $56,485,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Compass Financial Services Inc acquired a new stake in shares of Johnson Controls International during the 4th quarter worth approximately $26,000. SBI Securities Co. Ltd. acquired a new stake in Johnson Controls International in the fourth quarter worth $29,000. Crowley Wealth Management Inc. bought a new stake in Johnson Controls International in the fourth quarter valued at $42,000. Synergy Asset Management LLC acquired a new position in shares of Johnson Controls International during the fourth quarter valued at $42,000. Finally, ST Germain D J Co. Inc. boosted its holdings in shares of Johnson Controls International by 32.8% during the fourth 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. Institutional investors own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Melius Research reiterated a “hold” rating and issued a $95.00 price objective on shares of Johnson Controls International in a research report on Tuesday, January 28th. UBS Group upgraded Johnson Controls International from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $90.00 to $103.00 in a research report on Monday, February 10th. Royal Bank of Canada increased their price objective on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a report on Thursday, February 6th. Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a research report on Friday, December 20th. Finally, Wells Fargo & Company raised their price target on Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Johnson Controls International currently has a consensus rating of “Moderate Buy” and an average price target of $91.27.

Insiders Place Their Bets

In other Johnson Controls International news, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total transaction of $108,621.24. Following the transaction, the vice president now directly owns 148,346 shares in the company, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO George Oliver sold 205,168 shares of the stock in a transaction on Friday, February 7th. The shares were sold at an average price of $88.03, for a total value of $18,060,939.04. Following the completion of the sale, the chief executive officer now owns 1,260,527 shares of the company’s stock, valued at $110,964,191.81. The trade was a 14.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 907,286 shares of company stock worth $77,938,071. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Stock Down 7.0 %

NYSE JCI opened at $71.84 on Friday. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14. The company has a market capitalization of $47.42 billion, a P/E ratio of 27.42, a PEG ratio of 1.96 and a beta of 1.32. The company’s 50 day simple moving average is $82.63 and its 200 day simple moving average is $80.75. 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 posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) 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%. Equities research analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be paid a $0.37 dividend. The ex-dividend date is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 2.06%. Johnson Controls International’s dividend payout ratio is currently 56.49%.

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.