Thames Capital Management LLC Acquires Shares of 66,704 Johnson Controls International plc $JCI

Thames Capital Management LLC acquired a new stake in Johnson Controls International plc (NYSE:JCI) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 66,704 shares of the company’s stock, valued at approximately $7,988,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JCI. Maseco LLP increased its position in Johnson Controls International by 102.9% in the 4th quarter. Maseco LLP now owns 211 shares of the company’s stock valued at $25,000 after acquiring an additional 107 shares in the last quarter. Roxbury Financial LLC increased its position in Johnson Controls International by 71.9% in the 4th quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock valued at $29,000 after acquiring an additional 100 shares in the last quarter. YANKCOM Partnership acquired a new stake in Johnson Controls International in the 4th quarter valued at about $34,000. Physician Wealth Advisors Inc. increased its position in Johnson Controls International by 62.8% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 319 shares of the company’s stock valued at $35,000 after acquiring an additional 123 shares in the last quarter. Finally, Dunhill Financial LLC grew its position in shares of Johnson Controls International by 123.3% during the 3rd quarter. Dunhill Financial LLC now owns 335 shares of the company’s stock worth $37,000 after buying an additional 185 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insiders Place Their Bets

In related news, VP Lei Zhang Schlitz sold 88,809 shares of Johnson Controls International stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the transaction, the vice president owned 57,059 shares of the company’s stock, valued at $8,044,748.41. This trade represents a 60.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.29% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have recently commented on JCI. Barclays lifted their price target on shares of Johnson Controls International from $136.00 to $144.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. Wells Fargo & Company lifted their price target on shares of Johnson Controls International from $145.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Robert W. Baird lifted their price target on shares of Johnson Controls International from $132.00 to $148.00 and gave the stock a “neutral” rating in a research report on Monday, April 27th. Wolfe Research lowered their price target on shares of Johnson Controls International from $161.00 to $160.00 and set an “outperform” rating for the company in a research report on Wednesday, April 8th. Finally, Mizuho lifted their price target on shares of Johnson Controls International from $130.00 to $140.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Eleven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $147.63.

Johnson Controls International Stock Down 1.5%

Shares of NYSE:JCI opened at $134.05 on Friday. Johnson Controls International plc has a one year low of $99.11 and a one year high of $147.32. The company has a 50 day moving average of $138.21 and a 200-day moving average of $128.93. 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 stock has a market cap of $81.78 billion, a price-to-earnings ratio of 23.98, a P/E/G ratio of 1.45 and a beta of 1.37.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 EPS for the quarter. Johnson Controls International had a net margin of 14.45% and a return on equity of 19.50%. The company had revenue of $6.14 billion during the quarter. On average, sell-side analysts forecast that Johnson Controls International plc will post 4.86 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 10th. Investors of record on Monday, March 16th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $1.60 annualized dividend and a yield of 1.2%. Johnson Controls International’s dividend payout ratio (DPR) is presently 28.62%.

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.