Affinity Investment Advisors LLC Purchases Shares of 3,890 Johnson Controls International plc (NYSE:JCI)

Affinity Investment Advisors LLC acquired a new position in shares of Johnson Controls International plc (NYSE:JCI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,890 shares of the company’s stock, valued at approximately $224,000.

A number of other hedge funds also recently made changes to their positions in the stock. M. Kulyk & Associates LLC grew its position in shares of Johnson Controls International by 2.6% during the 3rd quarter. M. Kulyk & Associates LLC now owns 92,945 shares of the company’s stock worth $4,946,000 after buying an additional 2,336 shares during the period. RPG Investment Advisory LLC boosted its holdings in shares of 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 in the last quarter. Quantbot Technologies LP raised its stake in Johnson Controls International by 249.8% during the third 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 holdings in shares of Johnson Controls International by 89.4% during the fourth quarter. ANTIPODES PARTNERS Ltd now owns 253,859 shares of the company’s stock valued at $14,632,000 after acquiring an additional 119,844 shares in the last quarter. Finally, Wealthspire Advisors LLC increased its stake in 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 purchasing an additional 1,481 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on JCI shares. UBS Group cut Johnson Controls International from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $74.00 to $68.00 in a research report on Monday, May 6th. Argus downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Tuesday, February 20th. Barclays cut their price objective on shares of Johnson Controls International from $61.00 to $59.00 and set an “equal weight” rating for the company in a research report on Thursday, May 2nd. Royal Bank of Canada decreased their target price on Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating on the stock in a report on Wednesday, January 31st. Finally, Wells Fargo & Company boosted their price target on Johnson Controls International from $64.00 to $73.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, Johnson Controls International currently has a consensus rating of “Hold” and a consensus target price of $63.00.

Insider Transactions at Johnson Controls International

In other news, VP Daniel C. Mcconeghy sold 9,342 shares of the company’s stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $65.50, for a total value of $611,901.00. Following the transaction, the vice president now directly owns 25,378 shares in the company, valued at approximately $1,662,259. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, VP Daniel C. Mcconeghy sold 9,342 shares of the firm’s stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $65.50, for a total value of $611,901.00. Following the completion of the transaction, the vice president now owns 25,378 shares of the company’s stock, valued at $1,662,259. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, COO Nathan D. Manning sold 3,000 shares of the business’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $62.86, for a total transaction of $188,580.00. Following the completion of the transaction, the chief operating officer now owns 106,891 shares of the company’s stock, valued at approximately $6,719,168.26. The disclosure for this sale can be found here. Over the last three months, insiders have sold 17,272 shares of company stock valued at $1,108,229. Corporate insiders own 0.69% of the company’s stock.

Johnson Controls International Trading Down 0.9 %

Johnson Controls International stock traded down $0.64 during trading hours on Wednesday, hitting $72.22. The company had a trading volume of 3,968,859 shares, compared to its average volume of 5,752,086. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.65 and a current ratio of 0.87. The company has a 50-day moving average price of $64.95 and a two-hundred day moving average price of $58.82. Johnson Controls International plc has a 1 year low of $47.90 and a 1 year high of $73.28. The firm has a market cap of $48.65 billion, a P/E ratio of 29.50, a P/E/G ratio of 1.82 and a beta of 1.23.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Wednesday, May 1st. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.75 by $0.03. Johnson Controls International had a return on equity of 13.21% and a net margin of 6.32%. The business had revenue of $6.70 billion for the quarter, compared to the consensus estimate of $7.51 billion. During the same quarter in the previous year, the business earned $0.75 EPS. The company’s quarterly revenue was down 6.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Johnson Controls International plc will post 3.59 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Monday, March 25th were issued a $0.37 dividend. The ex-dividend date was Friday, March 22nd. This represents a $1.48 dividend on an annualized basis and a yield of 2.05%. Johnson Controls International’s payout ratio is currently 59.92%.

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.