Stratos Wealth Partners LTD. Acquires 433 Shares of Johnson Controls International plc (NYSE:JCI)

Stratos Wealth Partners LTD. grew its stake in shares of Johnson Controls International plc (NYSE:JCI) by 6.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,139 shares of the company’s stock after buying an additional 433 shares during the period. Stratos Wealth Partners LTD.’s holdings in Johnson Controls International were worth $564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. CWM LLC lifted its stake in Johnson Controls International by 1.7% in the 3rd quarter. CWM LLC now owns 26,942 shares of the company’s stock worth $2,091,000 after purchasing an additional 451 shares in the last quarter. Ritholtz Wealth Management boosted its stake in Johnson Controls International by 8.4% during the third quarter. Ritholtz Wealth Management now owns 3,614 shares of the company’s stock valued at $280,000 after buying an additional 281 shares during the last quarter. Annex Advisory Services LLC purchased a new position in Johnson Controls International during the 3rd quarter valued at approximately $203,000. Exchange Traded Concepts LLC increased its stake in Johnson Controls International by 170.8% in the 3rd quarter. Exchange Traded Concepts LLC now owns 1,763 shares of the company’s stock worth $137,000 after acquiring an additional 1,112 shares during the last quarter. Finally, Procyon Advisors LLC purchased a new stake in shares of Johnson Controls International during the 3rd quarter worth approximately $235,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on JCI. Melius lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price for the company. in a report on Tuesday, January 28th. Royal Bank of Canada lifted their price objective on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 6th. Wells Fargo & Company upped their target price on shares of Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Mizuho lifted their price target on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Finally, Melius Research restated a “hold” rating and set a $95.00 price objective on shares of Johnson Controls International in a research report on Tuesday, January 28th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Johnson Controls International presently has an average rating of “Moderate Buy” and an average price target of $91.13.

Johnson Controls International Trading Down 0.4 %

JCI stock opened at $89.13 on Wednesday. Johnson Controls International plc has a 12 month low of $54.07 and a 12 month high of $89.95. The firm’s 50-day moving average is $81.05 and its 200 day moving average is $77.24. The company has a market capitalization of $58.83 billion, a PE ratio of 34.02, a P/E/G ratio of 2.48 and a beta of 1.32. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.79.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. On average, research analysts anticipate that Johnson Controls International plc will post 3.52 EPS for the current year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 annualized dividend and a dividend yield of 1.66%. Johnson Controls International’s dividend payout ratio is presently 56.49%.

Insider Buying and Selling at Johnson Controls International

In related news, CEO George Oliver sold 205,168 shares of the firm’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $89.07, for a total transaction of $18,274,313.76. Following the sale, the chief executive officer now directly owns 1,260,527 shares of the company’s stock, valued at $112,275,139.89. This trade represents a 14.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the transaction, the vice president now directly owns 148,346 shares of the company’s stock, valued at $11,339,568.24. The trade was a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,061,494 shares of company stock worth $90,587,400. 0.54% of the stock is owned by insiders.

Johnson Controls International 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.