South Dakota Investment Council Has $579,000 Position in Johnson Controls International plc (NYSE:JCI)

South Dakota Investment Council lifted its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 14.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,050 shares of the company’s stock after purchasing an additional 1,250 shares during the quarter. South Dakota Investment Council’s holdings in Johnson Controls International were worth $579,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of JCI. Optimum Investment Advisors lifted its position in shares of Johnson Controls International by 17.5% during the 4th 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 last quarter. Raleigh Capital Management Inc. lifted its position in shares of Johnson Controls International by 3.9% during the 3rd quarter. Raleigh Capital Management Inc. now owns 4,767 shares of the company’s stock worth $254,000 after buying an additional 179 shares during the last quarter. BSW Wealth Partners lifted its position in shares of 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 buying an additional 185 shares during the last quarter. Cottage Street Advisors LLC lifted its position in shares of Johnson Controls International by 4.9% during the 3rd quarter. Cottage Street Advisors LLC now owns 4,189 shares of the company’s stock worth $223,000 after buying an additional 196 shares during the last quarter. Finally, Mutual Advisors LLC lifted its position in shares of Johnson Controls International by 0.4% during the 3rd quarter. Mutual Advisors LLC now owns 46,147 shares of the company’s stock worth $2,455,000 after buying an additional 199 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

JCI has been the subject of several recent analyst reports. Barclays upped their price objective on Johnson Controls International from $59.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 2nd. Argus downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Tuesday, February 20th. Royal Bank of Canada dropped their target price on Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating for the company in a research report on Wednesday, January 31st. StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Finally, Oppenheimer increased their target price on Johnson Controls International from $66.00 to $71.00 and gave the company an “outperform” rating in a research report on Thursday, April 18th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Johnson Controls International currently has a consensus rating of “Hold” and a consensus target price of $64.50.

Johnson Controls International Stock Down 0.2 %

JCI stock 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 quick ratio of 0.73, a current ratio of 0.97 and a debt-to-equity ratio of 0.45. The stock’s 50 day moving average is $62.63 and its 200-day moving average is $56.78. The firm has a market capitalization of $43.92 billion, a PE ratio of 20.99, a P/E/G ratio of 1.62 and a beta of 1.24.

Johnson Controls International (NYSE:JCI) last posted its 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 return on equity of 13.08% and a net margin of 7.85%. The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.94 billion. During the same quarter last year, the company earned $0.67 earnings per share. The company’s revenue for the quarter was up .4% on a year-over-year basis. Sell-side analysts expect that Johnson Controls International plc will post 3.61 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

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