Navalign LLC Purchases 1,001 Shares of Johnson Controls International plc (NYSE:JCI)

Navalign LLC boosted its position in Johnson Controls International plc (NYSE:JCI) by 6.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 16,137 shares of the company’s stock after acquiring an additional 1,001 shares during the period. Navalign LLC’s holdings in Johnson Controls International were worth $930,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. NBC Securities Inc. bought a new stake in shares of Johnson Controls International during the third quarter valued at about $26,000. Certified Advisory Corp purchased a new position in shares of Johnson Controls International during the first quarter worth about $26,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of Johnson Controls International during the third quarter worth about $30,000. Headinvest LLC purchased a new position in shares of Johnson Controls International during the third quarter worth about $30,000. Finally, West Paces Advisors Inc. purchased a new position in shares of Johnson Controls International during the third quarter worth about $31,000. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Stock Up 0.7 %

NYSE:JCI traded up $0.45 during mid-day trading on Thursday, reaching $65.32. The company’s stock had a trading volume of 7,772,385 shares, compared to its average volume of 5,921,119. Johnson Controls International plc has a 1 year low of $47.90 and a 1 year high of $70.43. The stock has a fifty day moving average of $58.49 and a 200-day moving average of $55.33. The firm has a market capitalization of $44.51 billion, a PE ratio of 21.28, a price-to-earnings-growth ratio of 1.59 and a beta of 1.24. The company has a quick ratio of 0.73, a current ratio of 0.97 and a debt-to-equity ratio of 0.45.

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 the consensus estimate of $0.51. The firm 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%. Johnson Controls International’s revenue was up .4% on a year-over-year basis. During the same period last year, the firm posted $0.67 EPS. Equities research analysts forecast that Johnson Controls International plc will post 3.62 earnings per share for the current year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 19th. Shareholders of record on Monday, March 25th will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 2.27%. The ex-dividend date of this dividend is Friday, March 22nd. Johnson Controls International’s dividend payout ratio is presently 48.21%.

Analysts Set New Price Targets

JCI has been the subject of several recent analyst reports. Oppenheimer reissued an “outperform” rating and set a $66.00 price objective on shares of Johnson Controls International in a report on Wednesday, December 13th. Wells Fargo & Company cut their target price on Johnson Controls International from $65.00 to $64.00 and set an “overweight” rating for the company in a research note on Wednesday, January 31st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $60.00 target price (down previously from $65.00) on shares of Johnson Controls International in a research note on Wednesday, January 31st. Mizuho lowered Johnson Controls International from a “buy” rating to a “neutral” rating and set a $62.00 target price for the company. in a research note on Friday, February 23rd. Finally, TheStreet raised Johnson Controls International from a “c+” rating to a “b-” rating in a research note on Tuesday, December 26th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $62.58.

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.