Paces Ferry Wealth Advisors LLC Invests $200,000 in Johnson Controls International plc (NYSE:JCI)

Paces Ferry Wealth Advisors LLC purchased a new stake in shares of Johnson Controls International plc (NYSE:JCI) during the 4th quarter, Holdings Channel reports. The fund purchased 3,475 shares of the company’s stock, valued at approximately $200,000.

A number of other institutional investors also recently bought and sold shares of the stock. Turtle Creek Wealth Advisors LLC purchased a new stake in shares of Johnson Controls International in the fourth quarter valued at $25,000. NBC Securities Inc. bought a new stake in Johnson Controls International in the third quarter worth about $26,000. Headinvest LLC purchased a new position in shares of Johnson Controls International during the third quarter valued at approximately $30,000. West Paces Advisors Inc. bought a new position in shares of Johnson Controls International during the third quarter valued at approximately $31,000. Finally, Bruce G. Allen Investments LLC purchased a new stake in shares of Johnson Controls International in the fourth quarter worth approximately $36,000. 90.05% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the company. StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. Wells Fargo & Company upped their price target on shares of Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Citigroup lifted their price objective on shares of Johnson Controls International from $59.00 to $68.00 and gave the company a “neutral” rating in a report on Monday, April 8th. HSBC downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 target price on the stock. in a research note on Wednesday, January 31st. Finally, Royal Bank of Canada decreased their price target on shares of Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating for the company in a research note on Wednesday, January 31st. One analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $64.50.

Johnson Controls International Stock Down 0.4 %

Shares of JCI traded down $0.26 during trading hours on Tuesday, hitting $65.05. The company had a trading volume of 5,314,710 shares, compared to its average volume of 5,534,330. The company has a current ratio of 0.97, a quick ratio of 0.73 and a debt-to-equity ratio of 0.45. The company has a market capitalization of $44.33 billion, a PE ratio of 21.19, a price-to-earnings-growth ratio of 1.63 and a beta of 1.24. Johnson Controls International plc has a one year low of $47.90 and a one year high of $70.43. The company’s fifty day moving average price is $63.13 and its two-hundred day moving average price is $57.11.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Tuesday, January 30th. The company reported $0.51 EPS for the quarter, hitting analysts’ consensus estimates of $0.51. The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.94 billion. Johnson Controls International had a net margin of 7.85% and a return on equity of 13.08%. The firm’s revenue was up .4% on a year-over-year basis. During the same period in the previous year, the company posted $0.67 earnings per share. As a group, equities analysts forecast that Johnson Controls International plc will post 3.61 earnings per share for the current fiscal 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 paid a dividend of $0.37 per share. The ex-dividend date was Friday, March 22nd. This represents a $1.48 annualized dividend and a dividend yield of 2.28%. Johnson Controls International’s dividend payout ratio (DPR) 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.