Johnson Controls International plc Ordinary Share (JCI) Shares Sold by Icon Advisers Inc. Co.

Icon Advisers Inc. Co. lessened its holdings in Johnson Controls International plc Ordinary Share (NYSE:JCI) by 8.2% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 229,500 shares of the auto parts company’s stock after selling 20,600 shares during the quarter. Icon Advisers Inc. Co.’s holdings in Johnson Controls International plc Ordinary Share were worth $8,746,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also made changes to their positions in JCI. Perigon Wealth Management LLC grew its position in Johnson Controls International plc Ordinary Share by 171.7% in the 2nd quarter. Perigon Wealth Management LLC now owns 2,663 shares of the auto parts company’s stock valued at $116,000 after acquiring an additional 1,683 shares during the last quarter. Archford Capital Strategies LLC grew its position in Johnson Controls International plc Ordinary Share by 5,344.7% in the 2nd quarter. Archford Capital Strategies LLC now owns 8,167 shares of the auto parts company’s stock valued at $124,000 after acquiring an additional 8,017 shares during the last quarter. Balentine LLC grew its position in Johnson Controls International plc Ordinary Share by 82.0% in the 3rd quarter. Balentine LLC now owns 3,307 shares of the auto parts company’s stock valued at $133,000 after acquiring an additional 1,490 shares during the last quarter. Calton & Associates Inc. bought a new position in Johnson Controls International plc Ordinary Share in the 4th quarter valued at $155,000. Finally, Field & Main Bank bought a new position in Johnson Controls International plc Ordinary Share in the 4th quarter valued at $172,000. 89.61% of the stock is currently owned by institutional investors.

In related news, VP William C. Jackson acquired 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The shares were bought at an average price of $36.00 per share, with a total value of $720,000.00. Following the completion of the transaction, the vice president now directly owns 286,842 shares in the company, valued at $10,326,312. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Juergen Tinggren acquired 12,000 shares of the company’s stock in a transaction that occurred on Friday, November 17th. The shares were bought at an average cost of $36.41 per share, for a total transaction of $436,920.00. Following the transaction, the director now owns 21,625 shares of the company’s stock, valued at $787,366.25. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 59,300 shares of company stock worth $2,161,560. 0.43% of the stock is owned by corporate insiders.

Several equities analysts have commented on JCI shares. TheStreet raised Johnson Controls International plc Ordinary Share from a “c” rating to a “b” rating in a research report on Thursday, November 9th. Cowen reissued a “buy” rating and set a $48.00 price target on shares of Johnson Controls International plc Ordinary Share in a research report on Thursday, November 9th. Oppenheimer reissued a “buy” rating and set a $50.00 price target (down previously from $52.00) on shares of Johnson Controls International plc Ordinary Share in a research report on Tuesday, October 31st. JMP Securities set a $50.00 price target on Johnson Controls International plc Ordinary Share and gave the stock a “buy” rating in a research report on Monday, October 23rd. Finally, UBS Group assumed coverage on Johnson Controls International plc Ordinary Share in a research report on Monday, January 22nd. They set a “buy” rating on the stock. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have given a buy rating to the company. Johnson Controls International plc Ordinary Share presently has a consensus rating of “Hold” and an average target price of $46.50.

Johnson Controls International plc Ordinary Share (NYSE:JCI) opened at $36.55 on Friday. Johnson Controls International plc Ordinary Share has a 12-month low of $34.51 and a 12-month high of $44.37. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.11. The stock has a market capitalization of $34,822.22, a price-to-earnings ratio of 18.94, a PEG ratio of 1.24 and a beta of 0.88.

Johnson Controls International plc Ordinary Share (NYSE:JCI) last issued its quarterly earnings data on Wednesday, January 31st. The auto parts company reported $0.54 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.03. Johnson Controls International plc Ordinary Share had a return on equity of 11.73% and a net margin of 5.92%. The company had revenue of $7.44 billion for the quarter, compared to the consensus estimate of $7.19 billion. During the same quarter last year, the company earned $0.53 earnings per share. The firm’s revenue for the quarter was up 4.8% compared to the same quarter last year. research analysts forecast that Johnson Controls International plc Ordinary Share will post 2.79 earnings per share for the current fiscal year.

Johnson Controls International plc Ordinary Share announced that its Board of Directors has authorized a share repurchase plan on Thursday, December 7th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the auto parts company to buy shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 12th. Investors of record on Monday, December 18th were given a dividend of $0.26 per share. The ex-dividend date of this dividend was Friday, December 15th. This represents a $1.04 dividend on an annualized basis and a yield of 2.85%. This is an increase from Johnson Controls International plc Ordinary Share’s previous quarterly dividend of $0.25. Johnson Controls International plc Ordinary Share’s dividend payout ratio (DPR) is presently 53.89%.

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Johnson Controls International plc Ordinary Share Company Profile

Johnson Controls, Inc is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions.

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Institutional Ownership by Quarter for Johnson Controls International plc Ordinary Share (NYSE:JCI)

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