First National Bank & Trust Co. of Newtown Purchases Shares of 3,700 Johnson Controls International plc (NYSE:JCI)

First National Bank & Trust Co. of Newtown purchased a new stake in Johnson Controls International plc (NYSE:JCI) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 3,700 shares of the company’s stock, valued at approximately $213,000.

Other large investors have also recently added to or reduced their stakes in the company. Advisory Resource Group grew its holdings in shares of Johnson Controls International by 1.7% during the 1st quarter. Advisory Resource Group now owns 9,910 shares of the company’s stock worth $597,000 after purchasing an additional 162 shares in the last quarter. Optimum Investment Advisors boosted its stake in Johnson Controls International by 17.5% in the fourth quarter. Optimum Investment Advisors now owns 1,175 shares of the company’s stock valued at $68,000 after buying an additional 175 shares in the last quarter. Raleigh Capital Management Inc. boosted its stake in Johnson Controls International by 3.9% in the third quarter. Raleigh Capital Management Inc. now owns 4,767 shares of the company’s stock valued at $254,000 after buying an additional 179 shares in the last quarter. BSW Wealth Partners boosted its stake in Johnson Controls International by 4.3% in the fourth quarter. BSW Wealth Partners now owns 4,494 shares of the company’s stock valued at $259,000 after buying an additional 185 shares in the last quarter. Finally, Penserra Capital Management LLC boosted its stake in Johnson Controls International by 6.0% in the first quarter. Penserra Capital Management LLC now owns 3,381 shares of the company’s stock valued at $221,000 after buying an additional 192 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

JCI has been the topic of a number of recent research reports. Royal Bank of Canada cut their price target on 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. Oppenheimer lifted their price target on Johnson Controls International from $66.00 to $71.00 and gave the company an “outperform” rating in a research note on Thursday. Argus downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Tuesday, February 20th. StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Finally, Mizuho downgraded Johnson Controls International from a “buy” rating to a “neutral” rating and set a $62.00 price objective for the company. in a research report on Friday, February 23rd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $64.50.

Johnson Controls International Trading Up 0.5 %

JCI stock traded up $0.30 during mid-day trading on Friday, reaching $64.07. The company’s stock had a trading volume of 2,804,813 shares, compared to its average volume of 5,550,388. The company has a market cap of $43.66 billion, a price-to-earnings ratio of 20.97, a price-to-earnings-growth ratio of 1.60 and a beta of 1.24. The business’s 50 day moving average price is $61.78 and its 200 day moving average price is $56.35. The company has a current ratio of 0.97, a quick ratio of 0.73 and a debt-to-equity ratio of 0.45. Johnson Controls International plc has a 12 month low of $47.90 and a 12 month high of $70.43.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Tuesday, January 30th. The company reported $0.51 EPS for the quarter, meeting analysts’ consensus estimates of $0.51. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. The firm had revenue of $6.09 billion during the quarter, compared to analysts’ expectations of $6.94 billion. During the same quarter last year, the firm posted $0.67 earnings per share. The company’s revenue for the quarter was up .4% compared to the same quarter last year. On average, equities research analysts predict that Johnson Controls International plc will post 3.61 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 19th. Shareholders of record on Monday, March 25th will be paid a $0.37 dividend. The ex-dividend date of this dividend is Friday, March 22nd. This represents a $1.48 annualized dividend and a dividend yield of 2.31%. Johnson Controls International’s payout ratio is presently 48.21%.

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.