Nomura Asset Management Co. Ltd. Has $66.40 Million Stake in Johnson Controls International plc $JCI

Nomura Asset Management Co. Ltd. decreased its position in Johnson Controls International plc (NYSE:JCI) by 11.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 554,447 shares of the company’s stock after selling 69,085 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Johnson Controls International were worth $66,395,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in JCI. Maseco LLP grew its position in shares of Johnson Controls International by 102.9% in the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock valued at $25,000 after purchasing an additional 107 shares during the last quarter. Roxbury Financial LLC grew its position in shares of Johnson Controls International by 71.9% in the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock valued at $29,000 after purchasing an additional 100 shares during the last quarter. YANKCOM Partnership acquired a new position in shares of Johnson Controls International in the fourth quarter valued at approximately $34,000. Physician Wealth Advisors Inc. raised its position in shares of Johnson Controls International by 62.8% in the third quarter. Physician Wealth Advisors Inc. now owns 319 shares of the company’s stock valued at $35,000 after buying an additional 123 shares in the last quarter. Finally, Dunhill Financial LLC raised its position in shares of Johnson Controls International by 123.3% in the third quarter. Dunhill Financial LLC now owns 335 shares of the company’s stock valued at $37,000 after buying an additional 185 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insider Buying and Selling

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the completion of the transaction, the vice president directly owned 57,059 shares in the company, valued at $8,044,748.41. The trade was a 60.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.29% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. HSBC lifted their price target on shares of Johnson Controls International from $127.00 to $136.00 in a research report on Thursday, May 7th. Wells Fargo & Company lifted their price target on shares of Johnson Controls International from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Morgan Stanley lifted their price target on shares of Johnson Controls International from $130.00 to $140.00 and gave the company an “overweight” rating in a research report on Wednesday, March 11th. The Goldman Sachs Group lifted their price target on shares of Johnson Controls International from $154.00 to $158.00 and gave the company a “buy” rating in a research report on Tuesday, April 7th. Finally, Jefferies Financial Group lifted their price target on shares of Johnson Controls International from $125.00 to $135.00 and gave the company a “hold” rating in a research report on Wednesday, April 15th. Eleven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $147.63.

Johnson Controls International Stock Down 0.0%

Shares of JCI opened at $134.05 on Monday. Johnson Controls International plc has a one year low of $99.11 and a one year high of $147.32. The company has a market cap of $81.78 billion, a P/E ratio of 23.98, a P/E/G ratio of 1.45 and a beta of 1.33. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.04 and a quick ratio of 0.85. The firm has a 50 day simple moving average of $138.21 and a two-hundred day simple moving average of $128.97.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Tuesday, March 31st. The company reported $1.19 EPS for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. The business had revenue of $6.14 billion during the quarter. Research analysts forecast that Johnson Controls International plc will post 4.86 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 16th were given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 1.2%. The ex-dividend date was Monday, March 16th. Johnson Controls International’s payout ratio is currently 28.62%.

Johnson Controls International Company Profile

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.