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

Natixis Advisors L.P. decreased its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 1.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 498,805 shares of the company’s stock after selling 8,354 shares during the period. Natixis Advisors L.P. owned approximately 0.07% of Johnson Controls International worth $28,751,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JCI. M. Kulyk & Associates LLC grew its stake in shares of Johnson Controls International by 2.6% in the 3rd quarter. M. Kulyk & Associates LLC now owns 92,945 shares of the company’s stock valued at $4,946,000 after purchasing an additional 2,336 shares during the last quarter. RPG Investment Advisory LLC lifted its holdings in shares of Johnson Controls International by 19.3% during the fourth quarter. RPG Investment Advisory LLC now owns 196,559 shares of the company’s stock worth $11,330,000 after purchasing an additional 31,759 shares during the period. Quantbot Technologies LP grew its position in Johnson Controls International by 249.8% in 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 increased its stake in Johnson Controls International by 89.4% in 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 period. Finally, Wealthspire Advisors LLC raised its position in Johnson Controls International by 47.6% during the 3rd quarter. Wealthspire Advisors LLC now owns 4,595 shares of the company’s stock worth $244,000 after buying an additional 1,481 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Price Performance

Johnson Controls International stock opened at $62.38 on Friday. The firm has a market capitalization of $42.02 billion, a PE ratio of 25.26, a P/E/G ratio of 1.59 and a beta of 1.23. Johnson Controls International plc has a 52 week low of $47.90 and a 52 week high of $70.43. The firm’s 50-day simple moving average is $63.31 and its 200 day simple moving average is $57.22. The company has a quick ratio of 0.73, a current ratio of 0.87 and a debt-to-equity ratio of 0.44.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Wednesday, May 1st. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.75 by $0.03. Johnson Controls International had a net margin of 6.32% and a return on equity of 13.21%. The company had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.51 billion. During the same quarter in the prior year, the firm earned $0.75 earnings per share. The company’s revenue for the quarter was down 6.1% compared to the same quarter last year. On average, equities research analysts predict that Johnson Controls International plc will post 3.61 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Monday, March 25th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date was Friday, March 22nd. Johnson Controls International’s dividend payout ratio (DPR) is presently 59.92%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. HSBC downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 target price on the stock. in a report on Wednesday, January 31st. Mizuho cut Johnson Controls International from a “buy” rating to a “neutral” rating and set a $62.00 target price on the stock. in a research report on Friday, February 23rd. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $60.00 price target (down from $65.00) on shares of Johnson Controls International in a report on Wednesday, January 31st. Wells Fargo & Company upped their price objective on Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Finally, Citigroup increased their price objective on Johnson Controls International from $59.00 to $68.00 and gave the stock a “neutral” rating in a research report on Monday, April 8th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $64.25.

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.