ProShare Advisors LLC Has $7.63 Million Holdings in Johnson Controls International plc (NYSE:JCI)

ProShare Advisors LLC grew its position in Johnson Controls International plc (NYSE:JCI) by 14.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 96,667 shares of the company’s stock after purchasing an additional 12,055 shares during the quarter. ProShare Advisors LLC’s holdings in Johnson Controls International were worth $7,630,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in JCI. Park Avenue Securities LLC grew its holdings in Johnson Controls International by 101.5% in the 4th quarter. Park Avenue Securities LLC now owns 26,517 shares of the company’s stock valued at $2,093,000 after buying an additional 13,360 shares in the last quarter. Certuity LLC bought a new stake in shares of Johnson Controls International in the fourth quarter valued at about $243,000. BNC Wealth Management LLC acquired a new position in shares of Johnson Controls International in the fourth quarter valued at about $2,093,000. Seros Financial LLC acquired a new position in shares of Johnson Controls International in the fourth quarter valued at about $561,000. Finally, Harrell Investment Partners LLC increased its position in Johnson Controls International by 10.3% during the fourth quarter. Harrell Investment Partners LLC now owns 46,107 shares of the company’s stock worth $3,639,000 after acquiring an additional 4,301 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on JCI shares. Citigroup decreased their target price on shares of Johnson Controls International from $95.00 to $85.00 and set a “neutral” rating on the stock in a research report on Monday, April 14th. Vertical Research upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $105.00 price target for the company in a research note on Thursday, May 8th. Melius Research restated a “hold” rating and set a $95.00 price objective on shares of Johnson Controls International in a research note on Tuesday, January 28th. JPMorgan Chase & Co. upped their target price on Johnson Controls International from $81.00 to $98.00 and gave the company an “overweight” rating in a research report on Friday. Finally, Barclays increased their target price on Johnson Controls International from $85.00 to $90.00 and gave the stock an “equal weight” rating in a report on Wednesday. Eight equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to MarketBeat.com, Johnson Controls International currently has a consensus rating of “Moderate Buy” and an average price target of $95.35.

Insider Buying and Selling

In other news, Director George Oliver sold 184,331 shares of the firm’s stock in a transaction on Wednesday, March 12th. The shares were sold at an average price of $79.49, for a total transaction of $14,652,471.19. Following the completion of the transaction, the director now owns 1,019,562 shares of the company’s stock, valued at approximately $81,044,983.38. This trade represents a 15.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total transaction of $113,361.84. Following the transaction, the vice president now owns 145,502 shares in the company, valued at approximately $11,599,419.44. This trade represents a 0.97% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 460,396 shares of company stock worth $38,645,569 in the last 90 days. Insiders own 0.54% of the company’s stock.

Johnson Controls International Trading Up 1.1%

JCI opened at $97.89 on Friday. The company has a market cap of $64.42 billion, a P/E ratio of 37.36, 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. The company’s 50 day moving average is $82.31 and its 200-day moving average is $82.28. Johnson Controls International plc has a 1-year low of $64.31 and a 1-year high of $97.95.

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

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.51%. The ex-dividend date was Monday, March 24th. Johnson Controls International’s dividend payout ratio (DPR) is 39.47%.

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.