Johnson Controls International plc (NYSE:JCI) Position Trimmed by Yousif Capital Management LLC

Yousif Capital Management LLC decreased its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 3.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 100,929 shares of the company’s stock after selling 3,711 shares during the period. Yousif Capital Management LLC’s holdings in Johnson Controls International were worth $5,818,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Optimum Investment Advisors increased its stake in Johnson Controls International by 17.5% during the fourth quarter. Optimum Investment Advisors now owns 1,175 shares of the company’s stock valued at $68,000 after purchasing an additional 175 shares during the last quarter. Raleigh Capital Management Inc. increased its stake in Johnson Controls International by 3.9% during the third quarter. Raleigh Capital Management Inc. now owns 4,767 shares of the company’s stock valued at $254,000 after purchasing an additional 179 shares during the last quarter. BSW Wealth Partners increased its stake in Johnson Controls International by 4.3% during the fourth quarter. BSW Wealth Partners now owns 4,494 shares of the company’s stock valued at $259,000 after purchasing an additional 185 shares during the last quarter. Cottage Street Advisors LLC grew its position in shares of Johnson Controls International by 4.9% during the third quarter. Cottage Street Advisors LLC now owns 4,189 shares of the company’s stock worth $223,000 after acquiring an additional 196 shares during the last quarter. Finally, Mutual Advisors LLC grew its position in shares of Johnson Controls International by 0.4% during the third quarter. Mutual Advisors LLC now owns 46,147 shares of the company’s stock worth $2,455,000 after acquiring an additional 199 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

JCI has been the subject of several recent research reports. HSBC lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 price target for the company. in a research report on Wednesday, January 31st. Wells Fargo & Company upped their price target on shares of Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. Melius Research restated a “hold” rating on shares of Johnson Controls International in a research report on Tuesday, January 30th. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Finally, Oppenheimer upped their price objective on shares of Johnson Controls International from $66.00 to $71.00 and gave the stock an “outperform” rating in a report on Thursday, April 18th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Johnson Controls International currently has an average rating of “Hold” and a consensus target price of $64.50.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $64.45 on Friday. Johnson Controls International plc has a twelve month low of $47.90 and a twelve month high of $70.43. The company has a current ratio of 0.97, a quick ratio of 0.73 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $43.92 billion, a price-to-earnings ratio of 20.99, a PEG ratio of 1.62 and a beta of 1.24. The firm has a 50-day moving average of $62.63 and a two-hundred day moving average of $56.78.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Tuesday, January 30th. The company reported $0.51 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.51. Johnson Controls International had a net margin of 7.85% and a return on equity of 13.08%. The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.94 billion. During the same period in the prior year, the company earned $0.67 EPS. Johnson Controls International’s revenue was up .4% on a year-over-year basis. As a group, analysts expect that Johnson Controls International plc will post 3.61 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Monday, March 25th were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 2.30%. The ex-dividend date of this dividend was Friday, March 22nd. Johnson Controls International’s payout ratio is 48.21%.

Johnson Controls International Company 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.