First Financial Corp IN Invests $154,000 in Johnson Controls International plc (NYSE:JCI)

First Financial Corp IN acquired a new stake in Johnson Controls International plc (NYSE:JCIFree Report) during the first quarter, according to its most recent filing with the SEC. The firm acquired 2,354 shares of the company’s stock, valued at approximately $154,000.

Other institutional investors also recently bought and sold shares of the company. RPG Investment Advisory LLC grew its holdings in 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 acquiring an additional 31,759 shares during the period. United Services Automobile Association grew its stake in shares of Johnson Controls International by 7.9% during the 4th quarter. United Services Automobile Association now owns 20,376 shares of the company’s stock worth $1,174,000 after purchasing an additional 1,490 shares during the period. ANTIPODES PARTNERS Ltd grew its stake in shares of Johnson Controls International by 89.4% during the 4th quarter. ANTIPODES PARTNERS Ltd now owns 253,859 shares of the company’s stock worth $14,632,000 after purchasing an additional 119,844 shares during the period. Cambridge Investment Research Advisors Inc. increased its holdings in shares of Johnson Controls International by 27.6% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 79,840 shares of the company’s stock valued at $4,602,000 after purchasing an additional 17,263 shares in the last quarter. Finally, RWA Wealth Partners LLC acquired a new stake in shares of Johnson Controls International in the fourth quarter valued at about $14,231,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

JCI has been the topic of several recent analyst reports. Citigroup upped their target price on shares of Johnson Controls International from $59.00 to $68.00 and gave the stock a “neutral” rating in a research report on Monday, April 8th. Wells Fargo & Company upped their price target on Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. UBS Group cut Johnson Controls International from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $74.00 to $68.00 in a report on Monday, May 6th. Barclays upped their target price on Johnson Controls International from $59.00 to $62.00 and gave the company an “equal weight” rating in a report on Friday. Finally, Oppenheimer cut their price target on Johnson Controls International from $71.00 to $70.00 and set an “outperform” rating for the company in a research note on Thursday, May 2nd. One analyst has rated the stock with a sell rating, ten have given a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Johnson Controls International presently has a consensus rating of “Hold” and a consensus price target of $63.27.

View Our Latest Research Report on JCI

Johnson Controls International Trading Down 1.7 %

Shares of NYSE:JCI traded down $1.15 during midday trading on Tuesday, reaching $67.62. The company’s stock had a trading volume of 3,489,614 shares, compared to its average volume of 5,548,108. The firm has a market cap of $45.55 billion, a price-to-earnings ratio of 27.49, a price-to-earnings-growth ratio of 1.75 and a beta of 1.29. The business has a 50 day moving average price of $68.01 and a 200 day moving average price of $61.93. Johnson Controls International plc has a 1 year low of $47.90 and a 1 year high of $74.23. The company has a quick ratio of 0.65, a current ratio of 0.87 and a debt-to-equity ratio of 0.44.

Johnson Controls International (NYSE:JCIGet Free Report) last posted its quarterly earnings data on Wednesday, May 1st. The company reported $0.78 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $7.51 billion. During the same quarter in the prior year, the company posted $0.75 EPS. The company’s quarterly revenue was down 6.1% compared to the same quarter last year. Research analysts forecast that Johnson Controls International plc will post 3.59 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 19th. Stockholders of record on Monday, June 24th will be issued a dividend of $0.37 per share. The ex-dividend date is Monday, June 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.19%. Johnson Controls International’s payout ratio is 59.92%.

Insider Activity at Johnson Controls International

In other news, Director Juergen Tinggren sold 4,000 shares of the firm’s stock in a transaction dated Monday, May 6th. The stock was sold at an average price of $62.31, for a total value of $249,240.00. Following the transaction, the director now directly owns 30,120 shares in the company, valued at approximately $1,876,777.20. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, Director Juergen Tinggren sold 4,000 shares of the company’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $62.31, for a total transaction of $249,240.00. Following the completion of the sale, the director now directly owns 30,120 shares of the company’s stock, valued at approximately $1,876,777.20. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Daniel C. Mcconeghy sold 9,342 shares of the firm’s stock in a transaction dated 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 directly owns 25,378 shares in the company, valued at $1,662,259. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 16,900 shares of company stock worth $1,085,145. 0.69% of the stock is owned by insiders.

Johnson Controls International Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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