Johnson Controls International plc $JCI Shares Sold by BLI Banque de Luxembourg Investments

BLI Banque de Luxembourg Investments reduced its stake in shares of Johnson Controls International plc (NYSE:JCI) by 76.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,584 shares of the company’s stock after selling 8,300 shares during the period. BLI Banque de Luxembourg Investments’ holdings in Johnson Controls International were worth $313,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JCI. Maseco LLP grew its position in Johnson Controls International by 102.9% during the 4th quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after purchasing an additional 107 shares during the period. Roxbury Financial LLC grew its position in Johnson Controls International by 71.9% during the 4th quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares during the period. Twin Tree Management LP grew its position in Johnson Controls International by 140.9% during the 4th quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after purchasing an additional 895 shares during the period. YANKCOM Partnership acquired a new stake in Johnson Controls International during the 4th quarter worth about $34,000. Finally, Dunhill Financial LLC grew its position in Johnson Controls International by 123.3% during the 3rd quarter. Dunhill Financial LLC now owns 335 shares of the company’s stock worth $37,000 after purchasing an additional 185 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

JCI has been the topic of several analyst reports. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $154.00 price target on shares of Johnson Controls International in a research report on Tuesday, June 2nd. Jefferies Financial Group increased their price target on Johnson Controls International from $125.00 to $135.00 and gave the stock a “hold” rating in a research report on Wednesday, April 15th. HSBC increased their price target on Johnson Controls International from $127.00 to $136.00 in a research report on Thursday, May 7th. Evercore assumed coverage on Johnson Controls International in a research report on Monday, April 13th. They set a “hold” rating and a $155.00 target price on the stock. Finally, JPMorgan Chase & Co. raised their target price on Johnson Controls International from $158.00 to $162.00 in a research report on Thursday, May 7th. Twelve research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $152.85.

Insider Transactions at Johnson Controls International

In related news, VP Lei Zhang Schlitz sold 88,809 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $140.99, for a total value of $12,521,180.91. Following the transaction, the vice president directly owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. This trade represents a 60.88% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Todd M. Grabowski sold 1,800 shares of the firm’s stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total transaction of $263,160.00. Following the completion of the transaction, the vice president directly owned 26,215 shares in the company, valued at $3,832,633. This represents a 6.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.29% of the company’s stock.

Johnson Controls International Price Performance

NYSE:JCI opened at $147.62 on Wednesday. Johnson Controls International plc has a 52 week low of $100.86 and a 52 week high of $148.70. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $90.07 billion, a PE ratio of 26.41, a price-to-earnings-growth ratio of 1.56 and a beta of 1.32. The stock’s 50-day moving average price is $139.69 and its 200-day moving average price is $130.23.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Tuesday, March 31st. The company reported $1.19 EPS for the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%.The firm had revenue of $6.14 billion for the quarter. As a group, equities analysts expect that Johnson Controls International plc will post 4.86 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 15th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Johnson Controls International’s dividend payout ratio (DPR) is currently 28.62%.

About Johnson Controls International

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.