Stonegate Investment Group LLC Decreases Position in Johnson Controls International plc (NYSE:JCI)

Stonegate Investment Group LLC lessened its position in Johnson Controls International plc (NYSE:JCIFree Report) by 2.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 32,300 shares of the company’s stock after selling 759 shares during the period. Stonegate Investment Group LLC’s holdings in Johnson Controls International were worth $1,862,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in JCI. NBC Securities Inc. purchased a new stake in shares of Johnson Controls International during the 3rd quarter valued at about $26,000. Certified Advisory Corp bought a new stake in Johnson Controls International in the 1st quarter worth approximately $26,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in Johnson Controls International during the 3rd quarter valued at $30,000. Headinvest LLC purchased a new stake in Johnson Controls International during the 3rd quarter valued at $30,000. Finally, West Paces Advisors Inc. bought a new position in shares of Johnson Controls International during the 3rd quarter valued at $31,000. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

NYSE JCI opened at $65.50 on Wednesday. The business has a 50-day moving average price of $59.15 and a 200-day moving average price of $55.49. The firm has a market cap of $44.64 billion, a price-to-earnings ratio of 21.34, a price-to-earnings-growth ratio of 1.62 and a beta of 1.24. Johnson Controls International plc has a twelve month low of $47.90 and a twelve month high of $70.43. The company has a quick ratio of 0.73, a current ratio of 0.97 and a debt-to-equity ratio of 0.45.

Johnson Controls International (NYSE:JCIGet Free Report) last released its quarterly earnings data on Tuesday, January 30th. The company reported $0.51 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.51. The firm had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.94 billion. Johnson Controls International had a net margin of 7.85% and a return on equity of 13.08%. The company’s revenue for the quarter was up .4% compared to the same quarter last year. During the same quarter last year, the business posted $0.67 earnings per share. As a group, equities research analysts predict that Johnson Controls International plc will post 3.62 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 19th. Stockholders of record on Monday, March 25th will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, March 22nd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.26%. Johnson Controls International’s payout ratio is 48.21%.

Analyst Ratings Changes

A number of research analysts have weighed in on JCI shares. Citigroup increased their target price on Johnson Controls International from $58.00 to $61.00 and gave the company a “neutral” rating in a report on Monday, December 11th. Wells Fargo & Company raised their price objective on shares of Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday. Barclays upped their target price on shares of Johnson Controls International from $59.00 to $61.00 and gave the company an “equal weight” rating in a report on Tuesday. Melius Research reiterated a “hold” rating on shares of Johnson Controls International in a research report on Tuesday, January 30th. Finally, Argus downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Tuesday, February 20th. One analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $63.50.

Check Out Our Latest Stock Analysis on JCI

Johnson Controls International Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

Receive News & Ratings for Johnson Controls International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International and related companies with MarketBeat.com's FREE daily email newsletter.