Wealthcare Advisory Partners LLC Has $221,000 Stock Position in Johnson Controls International plc (NYSE:JCI)

Wealthcare Advisory Partners LLC trimmed its stake in shares of Johnson Controls International plc (NYSE:JCI) by 11.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,390 shares of the company’s stock after selling 454 shares during the quarter. Wealthcare Advisory Partners LLC’s holdings in Johnson Controls International were worth $221,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. RPG Investment Advisory LLC boosted its holdings in Johnson Controls International by 19.3% during the fourth quarter. RPG Investment Advisory LLC now owns 196,559 shares of the company’s stock valued at $11,330,000 after purchasing an additional 31,759 shares in the last quarter. United Services Automobile Association boosted its holdings in shares of Johnson Controls International by 7.9% in the 4th quarter. United Services Automobile Association now owns 20,376 shares of the company’s stock worth $1,174,000 after acquiring an additional 1,490 shares in the last quarter. ANTIPODES PARTNERS Ltd boosted its holdings in shares of Johnson Controls International by 89.4% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 253,859 shares of the company’s stock worth $14,632,000 after acquiring an additional 119,844 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Johnson Controls International by 27.6% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 79,840 shares of the company’s stock worth $4,602,000 after acquiring an additional 17,263 shares in the last quarter. Finally, RWA Wealth Partners LLC acquired a new position in shares of Johnson Controls International in the 4th quarter worth approximately $14,231,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JCI has been the topic of several recent analyst reports. UBS Group downgraded Johnson Controls International from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $74.00 to $68.00 in a report on Monday, May 6th. Wells Fargo & Company boosted their target price on Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Citigroup boosted their target price on Johnson Controls International from $59.00 to $68.00 and gave the stock a “neutral” rating in a report on Monday, April 8th. Oppenheimer boosted their target price on Johnson Controls International from $70.00 to $76.00 and gave the stock an “outperform” rating in a report on Thursday, June 27th. Finally, Barclays boosted their price objective on shares of Johnson Controls International from $59.00 to $62.00 and gave the stock an “equal weight” rating in a research report on Friday, June 21st. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Johnson Controls International currently has an average rating of “Hold” and a consensus price target of $63.82.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock opened at $65.52 on Tuesday. The firm has a fifty day moving average of $68.24 and a two-hundred day moving average of $62.27. The stock has a market capitalization of $44.14 billion, a price-to-earnings ratio of 26.53, a PEG ratio of 1.73 and a beta of 1.28. Johnson Controls International plc has a 52 week low of $47.90 and a 52 week high of $74.23. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.65 and a current ratio of 0.87.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Wednesday, May 1st. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.75 by $0.03. The company had revenue of $6.70 billion during the quarter, compared to analysts’ expectations of $7.51 billion. Johnson Controls International had a net margin of 6.32% and a return on equity of 13.21%. The business’s revenue for the quarter was down 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.75 EPS. As a group, equities research analysts predict that Johnson Controls International plc will post 3.59 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 19th. Investors of record on Monday, June 24th will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.26%. The ex-dividend date is Monday, June 24th. Johnson Controls International’s dividend payout ratio is currently 59.92%.

Insider Activity at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 9,342 shares of the company’s stock in a transaction on Friday, May 10th. The shares were sold at an average price of $65.50, for a total value of $611,901.00. Following the completion of the sale, the vice president now owns 25,378 shares in the company, valued at approximately $1,662,259. The transaction was disclosed in a filing with the SEC, which is available through this link. In related news, Director Juergen Tinggren sold 4,000 shares of the company’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $62.31, for a total value of $249,240.00. Following the completion of the sale, the director now owns 30,120 shares in the company, valued at approximately $1,876,777.20. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Daniel C. Mcconeghy sold 9,342 shares of the company’s stock in a transaction on Friday, May 10th. The stock was sold at an average price of $65.50, for a total transaction of $611,901.00. Following the completion of the transaction, the vice president now directly owns 25,378 shares of the company’s stock, valued at $1,662,259. The disclosure for this sale can be found here. Insiders sold a total of 16,900 shares of company stock worth $1,085,145 in the last quarter. Corporate insiders own 0.69% of the company’s stock.

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.