Johnson Controls International plc (NYSE:JCI) Shares Sold by Colonial Trust Co SC

Colonial Trust Co SC lowered its stake in shares of Johnson Controls International plc (NYSE:JCI) by 45.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 683 shares of the company’s stock after selling 571 shares during the quarter. Colonial Trust Co SC’s holdings in Johnson Controls International were worth $54,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Gilbert & Cook Inc. lifted its holdings in Johnson Controls International by 2.0% during the 4th quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company’s stock worth $510,000 after buying an additional 127 shares during the last quarter. Jackson Hole Capital Partners LLC increased its position in Johnson Controls International by 0.7% in the fourth quarter. Jackson Hole Capital Partners LLC now owns 18,621 shares of the company’s stock worth $1,470,000 after buying an additional 127 shares during the period. Graypoint LLC boosted its holdings in shares of Johnson Controls International by 4.1% during the fourth quarter. Graypoint LLC now owns 3,277 shares of the company’s stock valued at $259,000 after acquiring an additional 130 shares during the period. ST Germain D J Co. Inc. grew its position in shares of Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after acquiring an additional 134 shares during the last quarter. Finally, Brooklyn Investment Group increased its holdings in shares of Johnson Controls International by 3.1% in the 4th quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock worth $351,000 after acquiring an additional 135 shares during the period. Institutional investors own 90.05% of the company’s stock.

Insiders Place Their Bets

In other Johnson Controls International news, CFO Marc Vandiepenbeeck sold 28,289 shares of the firm’s stock in a transaction dated Thursday, May 8th. The stock was sold at an average price of $90.92, for a total transaction of $2,572,035.88. Following the transaction, the chief financial officer now directly owns 147,673 shares in the company, valued at $13,426,429.16. This trade represents a 16.08 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director George Oliver sold 15,669 shares of the company’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $77.49, for a total value of $1,214,190.81. Following the sale, the director now owns 1,003,893 shares of the company’s stock, valued at approximately $77,791,668.57. This trade represents a 1.54 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 728,458 shares of company stock valued at $62,293,059 in the last three months. Insiders own 0.54% of the company’s stock.

Johnson Controls International Price Performance

NYSE JCI opened at $91.96 on Friday. The stock’s 50-day moving average price is $80.63 and its two-hundred day moving average price is $81.57. The company has a market cap of $60.71 billion, a PE ratio of 35.10, a PEG ratio of 1.96 and a beta of 1.28. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 1 year low of $64.31 and a 1 year high of $92.41.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Wednesday, May 7th. The company reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.77 by $0.05. The business had revenue of $5.68 billion for the quarter, compared to the consensus estimate of $5.64 billion. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. Johnson Controls International’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.78 earnings per share. On average, analysts predict that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 24th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.61%. The ex-dividend date was Monday, March 24th. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

Wall Street Analyst Weigh In

JCI has been the topic of several analyst reports. Melius lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target on the stock. in a research note on Tuesday, January 28th. Royal Bank of Canada boosted their price target on Johnson Controls International from $82.00 to $98.00 and gave the stock a “sector perform” rating in a research report on Thursday. UBS Group upgraded shares of Johnson Controls International from a “neutral” rating to a “buy” rating and increased their target price for the company from $90.00 to $103.00 in a research report on Monday, February 10th. Citigroup reduced their price target on shares of Johnson Controls International from $95.00 to $85.00 and set a “neutral” rating for the company in a research note on Monday, April 14th. Finally, Vertical Research upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $105.00 price objective on the stock in a research note on Thursday. Eight analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, Johnson Controls International currently has an average rating of “Moderate Buy” and a consensus price target of $92.94.

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.