Summit Trail Advisors LLC Buys 1,126 Shares of Johnson Controls International plc (NYSE:JCI)

Summit Trail Advisors LLC increased its stake in Johnson Controls International plc (NYSE:JCI) by 24.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,821 shares of the company’s stock after buying an additional 1,126 shares during the quarter. Summit Trail Advisors LLC’s holdings in Johnson Controls International were worth $462,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in JCI. State Street Corp lifted its stake in Johnson Controls International by 1.1% in the third quarter. State Street Corp now owns 27,939,766 shares of the company’s stock valued at $2,178,595,000 after acquiring an additional 300,712 shares during the last quarter. Fisher Asset Management LLC lifted its stake in Johnson Controls International by 3.4% in the 3rd quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock valued at $1,187,084,000 after purchasing an additional 509,293 shares during the last quarter. Geode Capital Management LLC grew its holdings in Johnson Controls International by 0.5% during the third quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock worth $1,041,822,000 after purchasing an additional 71,493 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Johnson Controls International by 514.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock worth $418,439,000 after buying an additional 4,514,792 shares during the last quarter. Finally, Raymond James & Associates raised its stake in Johnson Controls International by 5.6% in the third quarter. Raymond James & Associates now owns 4,735,147 shares of the company’s stock valued at $367,495,000 after buying an additional 249,405 shares during the period. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Stock Down 0.4 %

NYSE JCI opened at $89.13 on Wednesday. The company has a current ratio of 1.02, a quick ratio of 0.79 and a debt-to-equity ratio of 0.50. The company has a market cap of $58.83 billion, a price-to-earnings ratio of 34.02, a PEG ratio of 2.48 and a beta of 1.32. The company has a 50 day moving average of $81.05 and a 200-day moving average of $77.24. Johnson Controls International plc has a 1-year low of $54.07 and a 1-year high of $89.95.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating 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%. On average, equities research analysts expect that Johnson Controls International plc will post 3.52 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.66%. Johnson Controls International’s dividend payout ratio is 56.49%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on JCI shares. Mizuho lifted their target price on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. StockNews.com downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Citigroup dropped their price objective on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research report on Monday, January 13th. UBS Group raised shares of Johnson Controls International from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $90.00 to $103.00 in a report on Monday. Finally, Morgan Stanley increased their price target on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, Johnson Controls International presently has an average rating of “Moderate Buy” and an average price target of $91.13.

Insiders Place Their Bets

In other Johnson Controls International news, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total transaction of $108,621.24. Following the completion of the transaction, the vice president now directly owns 148,346 shares in the company, valued at $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 Securities & Exchange Commission, which is available at this link. Also, CEO George Oliver sold 205,168 shares of the firm’s stock in a transaction on Monday, February 10th. The shares were sold at an average price of $89.07, for a total value of $18,274,313.76. Following the completion of the sale, the chief executive officer now directly owns 1,260,527 shares in the company, valued at approximately $112,275,139.89. This represents a 14.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 1,061,494 shares of company stock worth $90,587,400 over the last ninety days. Corporate insiders own 0.54% of the company’s stock.

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.