Sciencast Management LP Invests $2.06 Million in Johnson Controls International plc (NYSE:JCI)

Sciencast Management LP purchased a new stake in shares of Johnson Controls International plc (NYSE:JCI) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 26,046 shares of the company’s stock, valued at approximately $2,056,000.

Other institutional investors have also added to or reduced their stakes in the company. Compass Financial Services Inc bought a new stake in shares of Johnson Controls International in the fourth quarter worth about $26,000. SBI Securities Co. Ltd. bought a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $29,000. Synergy Asset Management LLC purchased a new position in shares of Johnson Controls International during the fourth quarter valued at approximately $42,000. ST Germain D J Co. Inc. raised its holdings in shares of Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after acquiring an additional 134 shares in the last quarter. Finally, Gables Capital Management Inc. lifted its stake in Johnson Controls International by 132.0% in the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company’s stock worth $46,000 after acquiring an additional 330 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insider Activity

In related news, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the sale, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO George Oliver sold 205,168 shares of the company’s stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the sale, the chief executive officer now owns 1,260,527 shares in the company, valued at $110,964,191.81. This represents a 14.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 905,864 shares of company stock worth $77,824,710 over the last ninety days. Corporate insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

JCI has been the subject of several research reports. Citigroup decreased their price objective on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a report on Monday, January 13th. Argus raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price objective on the stock in a research report on Friday, December 20th. Royal Bank of Canada increased their target price on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 6th. UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and upped their price target for the stock from $90.00 to $103.00 in a research note on Monday, February 10th. Finally, Wells Fargo & Company upped their target price on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Johnson Controls International presently has a consensus rating of “Moderate Buy” and an average price target of $91.27.

Johnson Controls International Stock Down 0.6 %

Johnson Controls International stock opened at $82.64 on Friday. Johnson Controls International plc has a one year low of $59.83 and a one year high of $91.14. The stock has a market cap of $54.55 billion, a PE ratio of 31.54, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. The stock has a fifty day moving average of $82.70 and a 200 day moving average of $80.04.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. As a group, sell-side analysts predict that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.79%. The ex-dividend date of this dividend is Monday, March 24th. Johnson Controls International’s dividend payout ratio (DPR) is 56.49%.

Johnson Controls International 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.