Johnson Controls International plc $JCI Stock Sold by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. lessened its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 25.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 20,006 shares of the company’s stock after selling 6,930 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Johnson Controls International were worth $2,974,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. State Street Corp boosted its holdings in Johnson Controls International by 2.2% in the second quarter. State Street Corp now owns 28,283,873 shares of the company’s stock valued at $4,143,674,000 after acquiring an additional 621,319 shares in the last quarter. Amundi increased its position in Johnson Controls International by 157.2% during the 1st quarter. Amundi now owns 5,965,212 shares of the company’s stock valued at $781,145,000 after purchasing an additional 3,646,047 shares during the period. First Trust Advisors LP raised its holdings in Johnson Controls International by 28.3% in the 1st quarter. First Trust Advisors LP now owns 5,761,677 shares of the company’s stock worth $754,492,000 after purchasing an additional 1,270,849 shares in the last quarter. Pictet Asset Management Holding SA raised its holdings in Johnson Controls International by 0.9% in the 2nd quarter. Pictet Asset Management Holding SA now owns 2,331,718 shares of the company’s stock worth $340,501,000 after purchasing an additional 20,780 shares in the last quarter. Finally, Hsbc Holdings PLC raised its holdings in Johnson Controls International by 702.5% in the 1st quarter. Hsbc Holdings PLC now owns 1,962,770 shares of the company’s stock worth $256,820,000 after purchasing an additional 1,718,179 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Price Performance

JCI opened at $142.63 on Friday. The stock has a fifty day simple moving average of $147.38 and a two-hundred day simple moving average of $142.03. The company has a current ratio of 0.90, a quick ratio of 0.75 and a debt-to-equity ratio of 0.55. The company has a market cap of $86.39 billion, a price-to-earnings ratio of 30.48, a price-to-earnings-growth ratio of 1.47 and a beta of 1.27. Johnson Controls International plc has a 12-month low of $108.41 and a 12-month high of $160.41.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Tuesday, October 27th. The company reported $1.66 EPS for the quarter, beating the consensus estimate of $1.59 by $0.07. Johnson Controls International had a return on equity of 23.38% and a net margin of 11.12%. The business had revenue of $7.11 billion during the quarter, compared to analyst estimates of $7.04 billion. During the same quarter last year, the firm posted $1.26 earnings per share. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. Research analysts predict that Johnson Controls International plc will post 6.29 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 16th. Investors of record on Monday, September 21st were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Monday, September 21st. Johnson Controls International’s dividend payout ratio (DPR) is 34.19%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on JCI shares. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Johnson Controls International in a research note on Wednesday, October 7th. Zacks Research cut shares of Johnson Controls International from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. Evercore set a $170.00 price target on shares of Johnson Controls International in a research note on Wednesday, October 28th. JPMorgan Chase & Co. initiated coverage on shares of Johnson Controls International in a report on Wednesday. They issued a “neutral” rating and a $160.00 price objective for the company. Finally, Mizuho lifted their price objective on Johnson Controls International from $150.00 to $165.00 and gave the company a “neutral” rating in a research report on Thursday, October 15th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $166.76.

Insider Transactions at Johnson Controls International

In other news, Director Juergen Tinggren sold 4,000 shares of Johnson Controls International stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $159.19, for a total transaction of $636,760.00. Following the completion of the transaction, the director directly owned 27,236 shares in the company, valued at approximately $4,335,698.84. This trade represents a 12.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.29% of the stock is currently owned by company insiders.

Johnson Controls International Company Profile

Johnson Controls International plc develops building technologies, products and services for commercial, industrial and institutional customers. Its offerings include heating, ventilation and air conditioning (HVAC) equipment, building automation and controls, fire detection and suppression systems, and security solutions. The company also provides maintenance, modernization and other services to help customers manage building operations. Its products and services support facilities such as offices, hospitals, schools, data centers and manufacturing sites.