Johnson Controls International plc $JCI Shares Bought by MUFG Securities EMEA plc

MUFG Securities EMEA plc raised its position in Johnson Controls International plc (NYSE:JCI) by 100.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,054 shares of the company’s stock after purchasing an additional 12,529 shares during the quarter. MUFG Securities EMEA plc’s holdings in Johnson Controls International were worth $3,000,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of JCI. Norges Bank acquired a new position in Johnson Controls International in the 4th quarter valued at about $927,739,000. Viking Global Investors LP boosted its holdings in Johnson Controls International by 368.5% in the 3rd quarter. Viking Global Investors LP now owns 6,796,942 shares of the company’s stock valued at $747,324,000 after purchasing an additional 5,346,130 shares during the last quarter. Ameriprise Financial Inc. boosted its holdings in Johnson Controls International by 140.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,575,414 shares of the company’s stock valued at $483,281,000 after purchasing an additional 2,675,157 shares during the last quarter. First Trust Advisors LP boosted its holdings in Johnson Controls International by 23.3% in the 3rd quarter. First Trust Advisors LP now owns 3,519,724 shares of the company’s stock valued at $386,994,000 after purchasing an additional 665,782 shares during the last quarter. Finally, Man Group plc boosted its holdings in Johnson Controls International by 148.1% in the 2nd quarter. Man Group plc now owns 832,921 shares of the company’s stock valued at $87,973,000 after purchasing an additional 497,221 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, VP Lei Zhang Schlitz sold 88,809 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were 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 of the company’s stock, valued at $8,044,748.41. This represents a 60.88% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.29% of the stock is currently owned by insiders.

Johnson Controls International Price Performance

Johnson Controls International stock opened at $134.32 on Tuesday. The company’s 50 day simple moving average is $138.24 and its 200-day simple moving average is $129.06. The company has a market capitalization of $81.95 billion, a price-to-earnings ratio of 24.03, a price-to-earnings-growth ratio of 1.45 and a beta of 1.33. Johnson Controls International plc has a 1 year low of $99.11 and a 1 year high of $147.32. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.85 and a current ratio of 1.04.

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

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Monday, March 16th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Monday, March 16th. Johnson Controls International’s dividend payout ratio is presently 28.62%.

Analyst Ratings Changes

Several research firms have weighed in on JCI. Wells Fargo & Company boosted their target price on shares of Johnson Controls International from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. HSBC boosted their target price on shares of Johnson Controls International from $127.00 to $136.00 in a report on Thursday, May 7th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $154.00 target price on shares of Johnson Controls International in a report on Wednesday, May 27th. UBS Group boosted their target price on shares of Johnson Controls International from $160.00 to $170.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Morgan Stanley boosted their target price on shares of Johnson Controls International from $130.00 to $140.00 and gave the company an “overweight” rating in a report on Wednesday, March 11th. Eleven equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $147.63.

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.