Johnson Controls International plc (NYSE:JCI) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC lessened its position in shares of Johnson Controls International plc (NYSE:JCI) by 3.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 100,929 shares of the company’s stock after selling 3,711 shares during the quarter. Yousif Capital Management LLC’s holdings in Johnson Controls International were worth $5,818,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. IFP Advisors Inc increased its stake in shares of Johnson Controls International by 69.6% during the third quarter. IFP Advisors Inc now owns 5,504 shares of the company’s stock worth $293,000 after purchasing an additional 2,258 shares in the last quarter. DAVENPORT & Co LLC increased its stake in shares of Johnson Controls International by 4.3% during the third quarter. DAVENPORT & Co LLC now owns 27,813 shares of the company’s stock worth $1,480,000 after purchasing an additional 1,136 shares in the last quarter. GHP Investment Advisors Inc. increased its stake in shares of Johnson Controls International by 38.5% during the third quarter. GHP Investment Advisors Inc. now owns 1,014 shares of the company’s stock worth $52,000 after purchasing an additional 282 shares in the last quarter. UMB Bank n.a. increased its stake in shares of Johnson Controls International by 5.2% during the third quarter. UMB Bank n.a. now owns 5,853 shares of the company’s stock worth $311,000 after purchasing an additional 289 shares in the last quarter. Finally, Czech National Bank increased its stake in shares of Johnson Controls International by 46.4% during the third quarter. Czech National Bank now owns 118,905 shares of the company’s stock worth $6,327,000 after purchasing an additional 37,685 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

Shares of JCI stock opened at $64.45 on Friday. The firm has a market cap 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. Johnson Controls International plc has a one year low of $47.90 and a one year high of $70.43. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.73 and a current ratio of 0.97. The firm’s 50 day moving average price is $62.63 and its 200-day moving average price is $56.78.

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

Johnson Controls International Announces Dividend

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

Analyst Upgrades and Downgrades

A number of analysts have recently commented on JCI shares. HSBC cut shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 target price for the company. in a research note on Wednesday, January 31st. Argus cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Tuesday, February 20th. Citigroup upped their price objective on shares of Johnson Controls International from $59.00 to $68.00 and gave the company a “neutral” rating in a research note on Monday, April 8th. Melius Research reiterated a “hold” rating on shares of Johnson Controls International in a report on Tuesday, January 30th. Finally, Oppenheimer boosted their target price on shares of Johnson Controls International from $66.00 to $71.00 and gave the company an “outperform” rating in a report on Thursday, April 18th. One investment 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. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $64.50.

Johnson Controls International 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.