Johnson Controls International plc (NYSE:JCI) Shares Sold by AGF Management Ltd.

AGF Management Ltd. lessened its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 13.0% in the fourth quarter, Holdings Channel reports. The firm owned 325,131 shares of the company’s stock after selling 48,439 shares during the period. AGF Management Ltd.’s holdings in Johnson Controls International were worth $25,663,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. raised its stake in shares of Johnson Controls International by 1.2% during the third quarter. Assetmark Inc. now owns 32,913 shares of the company’s stock valued at $2,554,000 after purchasing an additional 400 shares in the last quarter. Crossmark Global Holdings Inc. lifted its position in shares of Johnson Controls International by 9.9% in the third quarter. Crossmark Global Holdings Inc. now owns 33,777 shares of the company’s stock worth $2,622,000 after purchasing an additional 3,051 shares in the last quarter. Los Angeles Capital Management LLC lifted its position in shares of Johnson Controls International by 1,350.3% in the third quarter. Los Angeles Capital Management LLC now owns 49,498 shares of the company’s stock worth $3,842,000 after purchasing an additional 46,085 shares in the last quarter. Ashton Thomas Securities LLC acquired a new position in Johnson Controls International in the third quarter worth approximately $61,000. Finally, Nations Financial Group Inc. IA ADV acquired a new position in Johnson Controls International in the third quarter worth approximately $324,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Price Performance

Johnson Controls International stock opened at $76.94 on Wednesday. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $50.79 billion, a PE ratio of 29.37, a P/E/G ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14. The stock has a 50-day moving average price of $82.45 and a two-hundred day moving average price of $79.64.

Johnson Controls International (NYSE:JCI) last released its earnings results 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%. Analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Insider Buying and Selling

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 1,950 shares of the firm’s stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the sale, the vice president now directly owns 24,803 shares of the company’s stock, valued at $2,175,967.19. This trade represents a 7.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO George Oliver sold 162,894 shares of Johnson Controls International stock in a transaction on Friday, February 14th. The shares were sold at an average price of $89.28, for a total value of $14,543,176.32. Following the completion of the transaction, the chief executive officer now owns 1,203,893 shares of the company’s stock, valued at approximately $107,483,567.04. This trade represents a 11.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 706,050 shares of company stock worth $61,972,667. 0.54% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

JCI has been the topic of a number of research reports. StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Morgan Stanley lifted their price objective on Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Barclays lowered their target price on Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating for the company in a research note on Monday. Wells Fargo & Company raised their target price 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. Finally, Royal Bank of Canada lifted their price objective 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. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $91.27.

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.