Johnson Controls International plc $JCI Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd trimmed its stake in Johnson Controls International plc (NYSE:JCI) by 23.1% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 74,462 shares of the company’s stock after selling 22,387 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Johnson Controls International were worth $9,751,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in JCI. Maseco LLP boosted its position in shares of Johnson Controls International by 102.9% during the 4th quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after purchasing an additional 107 shares during the period. Mcguire Capital Advisors Inc. purchased a new stake in Johnson Controls International in the fourth quarter valued at approximately $27,000. Roxbury Financial LLC lifted its stake in Johnson Controls International by 71.9% during the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares in the last quarter. Twin Tree Management LP lifted its stake in Johnson Controls International by 140.9% during the fourth quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after purchasing an additional 895 shares in the last quarter. Finally, YANKCOM Partnership purchased a new position in shares of Johnson Controls International during the fourth quarter worth $34,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Johnson Controls International

In other news, VP Lei Zhang Schlitz sold 88,809 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the sale, the vice president owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. This trade represents a 60.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Todd M. Grabowski sold 1,800 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total transaction of $263,160.00. Following the sale, the vice president directly owned 26,215 shares in the company, valued at approximately $3,832,633. The trade was a 6.43% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.29% of the company’s stock.

Johnson Controls International Stock Up 0.0%

Shares of NYSE JCI opened at $140.79 on Friday. The stock has a market cap of $85.90 billion, a P/E ratio of 25.19, a PEG ratio of 1.51 and a beta of 1.31. The business’s fifty day simple moving average is $141.99 and its 200-day simple moving average is $133.70. Johnson Controls International plc has a 12-month low of $102.09 and a 12-month high of $151.18. The company has a current ratio of 1.04, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64.

Johnson Controls International (NYSE:JCI) last released its earnings results on Tuesday, March 31st. The company reported $1.19 EPS for the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%.The firm had revenue of $6.14 billion during the quarter. As a group, equities analysts predict that Johnson Controls International plc will post 4.9 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 15th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Monday, June 15th. Johnson Controls International’s dividend payout ratio is 28.62%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on JCI. Wall Street Zen raised Johnson Controls International from a “hold” rating to a “buy” rating in a research note on Sunday, May 3rd. JPMorgan Chase & Co. raised their target price on Johnson Controls International from $158.00 to $162.00 in a report on Thursday, May 7th. UBS Group lifted their target price on Johnson Controls International from $170.00 to $180.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. BNP Paribas Exane assumed coverage on shares of Johnson Controls International in a research note on Tuesday, April 14th. They set an “underperform” rating and a $120.00 price target on the stock. Finally, Barclays increased their price target on shares of Johnson Controls International from $136.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $152.85.

About Johnson Controls International

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.