Vontobel Holding Ltd. Increases Stock Position in Johnson Controls International plc $JCI

Vontobel Holding Ltd. lifted its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 77.7% during the fourth quarter, HoldingsChannel.com reports. The fund owned 526,392 shares of the company’s stock after purchasing an additional 230,152 shares during the quarter. Vontobel Holding Ltd.’s holdings in Johnson Controls International were worth $63,035,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lcnb Corp increased its position in shares of Johnson Controls International by 4.0% during the fourth quarter. Lcnb Corp now owns 2,094 shares of the company’s stock valued at $251,000 after purchasing an additional 81 shares during the period. Catalyst Financial Partners LLC increased its position in shares of Johnson Controls International by 2.5% during the third quarter. Catalyst Financial Partners LLC now owns 3,398 shares of the company’s stock valued at $374,000 after purchasing an additional 84 shares during the period. Millstone Evans Group LLC increased its position in shares of Johnson Controls International by 2.6% during the fourth quarter. Millstone Evans Group LLC now owns 3,427 shares of the company’s stock valued at $410,000 after purchasing an additional 87 shares during the period. apricus wealth LLC increased its position in shares of Johnson Controls International by 3.1% during the fourth quarter. apricus wealth LLC now owns 2,946 shares of the company’s stock valued at $353,000 after purchasing an additional 89 shares during the period. Finally, Founders Financial Securities LLC increased its position in shares of Johnson Controls International by 2.6% during the fourth quarter. Founders Financial Securities LLC now owns 3,490 shares of the company’s stock valued at $418,000 after purchasing an additional 89 shares during the period. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Johnson Controls International Price Performance

Shares of JCI stock opened at $144.83 on Friday. The stock’s fifty day simple moving average is $140.40 and its 200 day simple moving average is $130.73. 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 market cap of $88.36 billion, a price-to-earnings ratio of 25.91, a P/E/G ratio of 1.56 and a beta of 1.32. Johnson Controls International plc has a one year low of $100.86 and a one year high of $149.10.

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

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 15th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.60 annualized dividend and a yield of 1.1%. Johnson Controls International’s payout ratio is currently 28.62%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Sanford C. Bernstein assumed coverage on Johnson Controls International in a research report on Tuesday. They set an “outperform” rating and a $176.00 price objective on the stock. Mizuho boosted their price objective on Johnson Controls International from $130.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, May 7th. Barclays boosted their price objective on Johnson Controls International from $136.00 to $144.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. UBS Group boosted their price target on Johnson Controls International from $170.00 to $180.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Finally, Wall Street Zen raised Johnson Controls International from a “hold” rating to a “buy” rating in a research note on Sunday, May 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Johnson Controls International presently has a consensus rating of “Moderate Buy” and an average target price of $152.85.

Insiders Place Their Bets

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of the business’s stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $146.20, for a total value of $263,160.00. Following the transaction, the vice president owned 26,215 shares of the company’s stock, valued at approximately $3,832,633. The trade was a 6.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Lei Zhang Schlitz sold 88,809 shares of the business’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $140.99, for a total value of $12,521,180.91. Following the completion of the transaction, the vice president directly owned 57,059 shares in the company, valued at approximately $8,044,748.41. This represents a 60.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.29% of the stock is currently owned by insiders.

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.