Hilltop Holdings Inc. Reduces Stock Holdings in Johnson Controls International plc $JCI

Hilltop Holdings Inc. cut its stake in shares of Johnson Controls International plc (NYSE:JCI) by 35.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 9,065 shares of the company’s stock after selling 4,909 shares during the period. Hilltop Holdings Inc.’s holdings in Johnson Controls International were worth $1,187,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Maseco LLP raised its stake in shares of Johnson Controls International by 102.9% during the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock valued at $25,000 after purchasing an additional 107 shares during the period. Mcguire Capital Advisors Inc. purchased a new position in shares of Johnson Controls International in the fourth quarter valued at $27,000. Twin Tree Management LP boosted its stake in shares of Johnson Controls International by 140.9% in the fourth quarter. Twin Tree Management LP now owns 260 shares of the company’s stock valued at $31,000 after purchasing an additional 895 shares during the period. YANKCOM Partnership acquired a new stake in Johnson Controls International during the 4th quarter valued at $34,000. Finally, Flagship Harbor Advisors LLC acquired a new stake in Johnson Controls International during the 4th quarter valued at $38,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on JCI shares. Oppenheimer reiterated a “market perform” rating on shares of Johnson Controls International in a report on Tuesday, June 2nd. The Goldman Sachs Group upped their price objective on shares of Johnson Controls International from $169.00 to $178.00 and gave the company a “buy” rating in a research report on Tuesday, June 2nd. Mizuho raised their target price on Johnson Controls International from $130.00 to $140.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Citigroup lifted their target price on Johnson Controls International from $150.00 to $155.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Finally, Morgan Stanley boosted their price target on Johnson Controls International from $140.00 to $175.00 and gave the stock an “overweight” rating in a research note on Tuesday, June 9th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Johnson Controls International has an average rating of “Moderate Buy” and an average price target of $152.85.

Johnson Controls International Stock Up 0.0%

Shares of NYSE:JCI opened at $143.35 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64. The company has a fifty day simple moving average of $141.84 and a 200 day simple moving average of $136.02. The firm has a market cap of $87.46 billion, a PE ratio of 25.64, a price-to-earnings-growth ratio of 1.54 and a beta of 1.31. Johnson Controls International plc has a 12-month low of $102.09 and a 12-month high of $151.18.

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

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Monday, June 15th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Monday, June 15th. Johnson Controls International’s dividend payout ratio is 28.62%.

Insider Transactions at Johnson Controls International

In other news, VP Lei Zhang Schlitz sold 88,809 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Todd M. Grabowski sold 1,800 shares of the stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total transaction of $263,160.00. Following the transaction, the vice president directly owned 26,215 shares in the company, valued at $3,832,633. The trade was a 6.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.29% of the company’s stock.

Johnson Controls International Company Profile

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.