John G Ullman & Associates Inc. Cuts Stock Position in Johnson Controls International plc (NYSE:JCI)

John G Ullman & Associates Inc. lessened its holdings in Johnson Controls International plc (NYSE:JCI) by 6.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 7,450 shares of the company’s stock after selling 500 shares during the period. John G Ullman & Associates Inc.’s holdings in Johnson Controls International were worth $429,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Certified Advisory Corp purchased a new position in shares of Johnson Controls International in the 1st quarter valued at $26,000. Turtle Creek Wealth Advisors LLC purchased a new stake in Johnson Controls International during the 4th quarter worth $25,000. VitalStone Financial LLC increased its stake in Johnson Controls International by 2,873.3% during the 1st quarter. VitalStone Financial LLC now owns 446 shares of the company’s stock worth $39,000 after buying an additional 431 shares during the period. Coppell Advisory Solutions LLC purchased a new stake in Johnson Controls International during the 2nd quarter worth $32,000. Finally, NBC Securities Inc. purchased a new stake in Johnson Controls International during the 3rd quarter worth $26,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on JCI. TheStreet raised shares of Johnson Controls International from a “c+” rating to a “b-” rating in a research note on Tuesday, December 26th. Oppenheimer lifted their price target on shares of Johnson Controls International from $66.00 to $71.00 and gave the stock an “outperform” rating in a research note on Thursday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $60.00 price objective (down from $65.00) on shares of Johnson Controls International in a report on Wednesday, January 31st. HSBC lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 price objective for the company. in a report on Wednesday, January 31st. Finally, Argus lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $64.50.

Johnson Controls International Trading Down 0.2 %

NYSE JCI opened at $63.66 on Friday. Johnson Controls International plc has a one year low of $47.90 and a one year high of $70.43. The company has a 50-day simple moving average of $61.94 and a 200-day simple moving average of $56.42. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.73 and a current ratio of 0.97. The firm has a market capitalization of $43.38 billion, a PE ratio of 20.74, a price-to-earnings-growth ratio of 1.60 and a beta of 1.24.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Tuesday, January 30th. The company reported $0.51 EPS for the quarter, meeting the consensus estimate of $0.51. Johnson Controls International had a net margin of 7.85% and a return on equity of 13.08%. The business had revenue of $6.09 billion during the quarter, compared to analyst estimates of $6.94 billion. During the same period in the previous year, the business posted $0.67 EPS. The company’s quarterly revenue was up .4% on a year-over-year basis. On average, equities analysts forecast that Johnson Controls International plc will post 3.61 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Monday, March 25th were given a $0.37 dividend. The ex-dividend date was Friday, March 22nd. This represents a $1.48 annualized dividend and a yield of 2.32%. Johnson Controls International’s dividend payout ratio is presently 48.21%.

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.