Johnson Controls International plc (NYSE:JCI) Shares Sold by Natixis Advisors L.P.

Natixis Advisors L.P. cut its position in Johnson Controls International plc (NYSE:JCI) by 1.6% during the 4th quarter, HoldingsChannel reports. The firm owned 498,805 shares of the company’s stock after selling 8,354 shares during the quarter. Natixis Advisors L.P.’s holdings in Johnson Controls International were worth $28,751,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JCI. Optimum Investment Advisors boosted its position in shares of Johnson Controls International by 17.5% during the fourth quarter. Optimum Investment Advisors now owns 1,175 shares of the company’s stock worth $68,000 after buying an additional 175 shares during the period. Raleigh Capital Management Inc. raised its stake in Johnson Controls International by 3.9% during the 3rd quarter. Raleigh Capital Management Inc. now owns 4,767 shares of the company’s stock valued at $254,000 after acquiring an additional 179 shares in the last quarter. BSW Wealth Partners boosted its position in Johnson Controls International by 4.3% during the 4th quarter. BSW Wealth Partners now owns 4,494 shares of the company’s stock worth $259,000 after acquiring an additional 185 shares during the period. Cottage Street Advisors LLC grew its stake in shares of Johnson Controls International by 4.9% in the third quarter. Cottage Street Advisors LLC now owns 4,189 shares of the company’s stock worth $223,000 after purchasing an additional 196 shares in the last quarter. Finally, Mutual Advisors LLC increased its holdings 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 valued at $2,455,000 after purchasing an additional 199 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Stock Performance

JCI opened at $62.38 on Friday. The company has a quick ratio of 0.73, a current ratio of 0.87 and a debt-to-equity ratio of 0.44. The firm has a market cap of $42.02 billion, a PE ratio of 25.26, a P/E/G ratio of 1.59 and a beta of 1.23. The business has a fifty day simple moving average of $63.31 and a 200-day simple moving average of $57.22. Johnson Controls International plc has a fifty-two week low of $47.90 and a fifty-two week high of $70.43.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Wednesday, May 1st. The company reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.75 by $0.03. The business had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.51 billion. Johnson Controls International had a return on equity of 13.21% and a net margin of 6.32%. Johnson Controls International’s revenue for the quarter was down 6.1% on a year-over-year basis. During the same quarter last year, the company posted $0.75 EPS. As a group, equities analysts predict that Johnson Controls International plc will post 3.61 EPS 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. Stockholders of record on Monday, March 25th were given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 2.37%. The ex-dividend date was Friday, March 22nd. Johnson Controls International’s dividend payout ratio (DPR) is currently 59.92%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on JCI. Argus downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. 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 note on Wednesday, January 31st. Royal Bank of Canada lowered their price objective on shares of Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating on the stock in a research note on Wednesday, January 31st. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $60.00 target price (down from $65.00) on shares of Johnson Controls International in a research report on Wednesday, January 31st. Finally, Wells Fargo & Company lifted their price target on Johnson Controls International from $64.00 to $73.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $64.25.

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.