Aster Capital Management DIFC Ltd purchased a new stake in Johnson Controls International plc (NYSE:JCI – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,750 shares of the company’s stock, valued at approximately $808,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Maseco LLP boosted its holdings in Johnson Controls International by 102.9% in the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock valued at $25,000 after purchasing an additional 107 shares during the last quarter. Roxbury Financial LLC boosted its holdings in Johnson Controls International by 71.9% in the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock valued at $29,000 after purchasing an additional 100 shares during the last quarter. Twin Tree Management LP boosted its holdings in Johnson Controls International by 140.9% in the fourth quarter. Twin Tree Management LP now owns 260 shares of the company’s stock valued at $31,000 after purchasing an additional 895 shares during the last quarter. YANKCOM Partnership purchased a new position in Johnson Controls International in the fourth quarter valued at about $34,000. Finally, Flagship Harbor Advisors LLC purchased a new position in Johnson Controls International in the fourth quarter valued at about $38,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.
Johnson Controls International Trading Up 0.8%
Shares of NYSE JCI opened at $146.10 on Tuesday. The stock’s 50 day moving average price is $140.67 and its two-hundred day moving average price is $131.07. Johnson Controls International plc has a 52-week low of $100.86 and a 52-week high of $149.23. The stock has a market capitalization of $89.14 billion, a P/E ratio of 26.14, a PEG ratio of 1.57 and a beta of 1.33. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.64.
Johnson Controls International Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Monday, June 15th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Monday, June 15th. Johnson Controls International’s dividend payout ratio is presently 28.62%.
Analyst Upgrades and Downgrades
JCI has been the subject of a number of analyst reports. Royal Bank Of Canada reissued a “sector perform” rating and issued a $154.00 price target on shares of Johnson Controls International in a report on Tuesday, June 2nd. Morgan Stanley upped their price objective on Johnson Controls International from $140.00 to $175.00 and gave the company an “overweight” rating in a research note on Tuesday, June 9th. HSBC upped their price objective on Johnson Controls International from $127.00 to $136.00 in a research note on Thursday, May 7th. Wolfe Research restated an “outperform” rating and set a $171.00 price objective on shares of Johnson Controls International in a research note on Wednesday, June 3rd. Finally, The Goldman Sachs Group upped their price objective on Johnson Controls International from $169.00 to $178.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $152.85.
Read Our Latest Report on Johnson Controls International
Insider Buying and Selling
In other news, VP Lei Zhang Schlitz sold 88,809 shares of the stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the sale, the vice president directly owned 57,059 shares in the company, valued at approximately $8,044,748.41. This represents a 60.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Todd M. Grabowski sold 1,800 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total value of $263,160.00. Following the sale, the vice president owned 26,215 shares in the company, valued at $3,832,633. The trade was a 6.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is currently owned by corporate insiders.
Johnson Controls International Profile
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.
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