Meeder Advisory Services Inc. Reduces Holdings in Johnson Controls International plc (NYSE:JCI)

Meeder Advisory Services Inc. lowered its stake in Johnson Controls International plc (NYSE:JCI) by 2.5% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,573 shares of the company’s stock after selling 395 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Johnson Controls International were worth $1,229,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of JCI. Compass Financial Services Inc acquired a new position in shares of Johnson Controls International in the fourth quarter worth $26,000. SBI Securities Co. Ltd. acquired a new position in Johnson Controls International in the 4th quarter valued at about $29,000. Synergy Asset Management LLC acquired a new position in Johnson Controls International in the 4th quarter valued at about $42,000. Crowley Wealth Management Inc. purchased a new position in Johnson Controls International in the 4th quarter valued at about $42,000. Finally, ST Germain D J Co. Inc. boosted its stake in shares of Johnson Controls International by 32.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after purchasing an additional 134 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

JCI has been the subject of a number of analyst reports. Melius lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective for the company. in a research report on Tuesday, January 28th. Royal Bank of Canada boosted their price target on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a report on Thursday, February 6th. Citigroup decreased their price objective on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a report on Monday, January 13th. UBS Group upgraded Johnson Controls International from a “neutral” rating to a “buy” rating and upped their target price for the company from $90.00 to $103.00 in a research note on Monday, February 10th. Finally, Barclays reduced their target price on Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research report on Monday, March 10th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $91.27.

Insider Transactions at Johnson Controls International

In related news, CEO George Oliver sold 162,894 shares of the business’s stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $89.28, for a total value of $14,543,176.32. Following the transaction, the chief executive officer now owns 1,203,893 shares in the company, valued at approximately $107,483,567.04. The trade was a 11.92 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $79.72, for a total value of $113,361.84. Following the completion of the transaction, the vice president now directly owns 145,502 shares of the company’s stock, valued at $11,599,419.44. This represents a 0.97 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 907,286 shares of company stock valued at $77,938,071. Corporate insiders own 0.54% of the company’s stock.

Johnson Controls International Stock Performance

Shares of JCI stock opened at $82.97 on Thursday. 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 cap of $54.77 billion, a PE ratio of 31.67, a P/E/G ratio of 1.96 and a beta of 1.32. The company’s fifty day simple moving average is $82.92 and its 200-day simple moving average is $80.78. Johnson Controls International plc has a 52 week low of $59.83 and a 52 week high of $91.14.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. As a group, equities research analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.78%. Johnson Controls International’s dividend payout ratio is currently 56.49%.

Johnson Controls International 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.