Consolidated Planning Corp Acquires 2,337 Shares of Johnson Controls International plc (NYSE:JCI)

Consolidated Planning Corp increased its holdings in Johnson Controls International plc (NYSE:JCI) by 4.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 60,748 shares of the company’s stock after buying an additional 2,337 shares during the period. Consolidated Planning Corp’s holdings in Johnson Controls International were worth $3,502,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Johnson Controls International during the 4th quarter valued at $25,000. NBC Securities Inc. purchased a new stake in shares of Johnson Controls International during the 3rd quarter valued at $26,000. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Johnson Controls International during the 3rd quarter valued at $30,000. Headinvest LLC purchased a new position in Johnson Controls International in the 3rd quarter worth $30,000. Finally, West Paces Advisors Inc. purchased a new position in Johnson Controls International in the 3rd quarter worth $31,000. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Royal Bank of Canada decreased their target price on shares of Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating on the stock in a research report on Wednesday, January 31st. Argus lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Tuesday, February 20th. Wells Fargo & Company boosted their price objective on shares of Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. HSBC lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 price objective on the stock. in a research note on Wednesday, January 31st. Finally, Melius Research reissued a “hold” rating on shares of Johnson Controls International in a research note on Tuesday, January 30th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $64.50.

Johnson Controls International Stock Performance

NYSE JCI traded up $0.66 during trading hours on Friday, hitting $65.11. 6,408,009 shares of the company’s stock traded hands, compared to its average volume of 4,071,197. The business’s fifty day moving average price is $62.79 and its two-hundred day moving average price is $56.87. The company has a current ratio of 0.97, a quick ratio of 0.73 and a debt-to-equity ratio of 0.45. The firm has a market capitalization of $44.37 billion, a P/E ratio of 21.21, a P/E/G ratio of 1.62 and a beta of 1.24. Johnson Controls International plc has a 52 week low of $47.90 and a 52 week high of $70.43.

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

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Monday, March 25th were given 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 2.27%. Johnson Controls International’s payout ratio is currently 48.21%.

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.