4,170 Shares in Johnson Controls International plc (NYSE:JCI) Acquired by GAMMA Investing LLC

GAMMA Investing LLC acquired a new position in Johnson Controls International plc (NYSE:JCI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,170 shares of the company’s stock, valued at approximately $220,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. M. Kulyk & Associates LLC raised its stake in Johnson Controls International by 2.6% during the 3rd quarter. M. Kulyk & Associates LLC now owns 92,945 shares of the company’s stock valued at $4,946,000 after buying an additional 2,336 shares during the last quarter. RPG Investment Advisory LLC raised its stake in Johnson Controls International by 19.3% during the 4th quarter. RPG Investment Advisory LLC now owns 196,559 shares of the company’s stock valued at $11,330,000 after buying an additional 31,759 shares during the last quarter. Quantbot Technologies LP raised its stake in Johnson Controls International by 249.8% during the 3rd quarter. Quantbot Technologies LP now owns 23,934 shares of the company’s stock valued at $1,274,000 after buying an additional 17,091 shares during the last quarter. ANTIPODES PARTNERS Ltd raised its stake in Johnson Controls International by 89.4% during the 4th quarter. ANTIPODES PARTNERS Ltd now owns 253,859 shares of the company’s stock valued at $14,632,000 after buying an additional 119,844 shares during the last quarter. Finally, Wealthspire Advisors LLC grew its position in shares of Johnson Controls International by 47.6% during the 3rd quarter. Wealthspire Advisors LLC now owns 4,595 shares of the company’s stock valued at $244,000 after acquiring an additional 1,481 shares during the period. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International Price Performance

Shares of JCI stock opened at $64.45 on Friday. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.97 and a quick ratio of 0.73. The company has a market capitalization of $43.92 billion, a P/E ratio of 20.99, a P/E/G ratio of 1.62 and a beta of 1.24. The company’s 50-day simple moving average is $62.63 and its two-hundred day simple moving average is $56.78. Johnson Controls International plc has a one year low of $47.90 and a one year high of $70.43.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Tuesday, January 30th. The company reported $0.51 EPS for the quarter, hitting analysts’ consensus estimates of $0.51. The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.94 billion. Johnson Controls International had a net margin of 7.85% and a return on equity of 13.08%. The company’s revenue for the quarter was up .4% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.67 EPS. As a group, equities analysts anticipate that Johnson Controls International plc will post 3.61 EPS for the current year.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Monday, March 25th were paid a dividend of $0.37 per share. The ex-dividend date of this dividend was Friday, March 22nd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.30%. Johnson Controls International’s dividend payout ratio is presently 48.21%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on JCI shares. HSBC downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 price objective for the company. in a research report on Wednesday, January 31st. Melius Research reaffirmed a “hold” rating on shares of Johnson Controls International in a report on Tuesday, January 30th. Barclays upped their target price on shares of Johnson Controls International from $59.00 to $61.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 2nd. Wells Fargo & Company upped their target price on shares of Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Finally, Argus downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $64.50.

Johnson Controls International Company Profile

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.