Bryn Mawr Capital Management LLC Sells 4,143 Shares of Johnson Controls International plc (NYSE:JCI)

Bryn Mawr Capital Management LLC decreased its stake in shares of Johnson Controls International plc (NYSE:JCI) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 214,176 shares of the company’s stock after selling 4,143 shares during the period. Johnson Controls International comprises 0.9% of Bryn Mawr Capital Management LLC’s portfolio, making the stock its 21st largest holding. Bryn Mawr Capital Management LLC’s holdings in Johnson Controls International were worth $16,905,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the company. Metis Global Partners LLC boosted its position in shares of Johnson Controls International by 0.4% during the 3rd quarter. Metis Global Partners LLC now owns 28,446 shares of the company’s stock valued at $2,208,000 after acquiring an additional 127 shares during the last quarter. Gilbert & Cook Inc. lifted its stake in shares of Johnson Controls International by 2.0% during the fourth quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company’s stock worth $510,000 after buying an additional 127 shares during the period. Graypoint LLC boosted its holdings in Johnson Controls International by 4.1% in the fourth quarter. Graypoint LLC now owns 3,277 shares of the company’s stock valued at $259,000 after purchasing an additional 130 shares during the last quarter. ST Germain D J Co. Inc. increased its stake in shares of Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after purchasing an additional 134 shares in the last quarter. Finally, Brooklyn Investment Group increased its stake in Johnson Controls International by 3.1% during the 4th quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock worth $351,000 after buying an additional 135 shares in the last quarter. 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 company’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction of $108,621.24. Following the completion of the sale, the vice president now directly owns 148,346 shares in the company, valued at $11,339,568.24. This represents a 0.95 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the completion of the sale, the chief executive officer now owns 1,260,527 shares of the company’s stock, valued at $110,964,191.81. This trade represents a 14.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 708,700 shares of company stock valued at $62,083,088 in the last ninety days. Corporate insiders own 0.54% of the company’s stock.

Johnson Controls International Stock Down 0.2 %

Shares of Johnson Controls International stock opened at $83.87 on Wednesday. The business has a 50-day moving average of $82.10 and a two-hundred day moving average of $78.78. The company has a market capitalization of $55.36 billion, a P/E ratio of 32.01, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a 1 year low of $58.15 and a 1 year high of $91.14. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86.

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

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.76%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s dividend payout ratio is currently 56.49%.

Analyst Upgrades and Downgrades

JCI has been the subject of several research analyst reports. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. raised their target price on Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Morgan Stanley raised their price objective on Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. UBS Group raised shares of Johnson Controls International from a “neutral” rating to a “buy” rating and lifted their target price for the company from $90.00 to $103.00 in a report on Monday, February 10th. Finally, Wells Fargo & Company upped their price objective on Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $91.13.

About Johnson Controls International

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.