Flputnam Investment Management Co. Has $225,000 Holdings in Johnson Controls International plc (NYSE:JCI)

Flputnam Investment Management Co. trimmed its position in Johnson Controls International plc (NYSE:JCI) by 90.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,899 shares of the company’s stock after selling 36,346 shares during the quarter. Flputnam Investment Management Co.’s holdings in Johnson Controls International were worth $225,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in JCI. Certified Advisory Corp purchased a new stake in shares of Johnson Controls International in the 1st quarter valued at approximately $26,000. Turtle Creek Wealth Advisors LLC purchased a new position in Johnson Controls International during the 4th quarter worth approximately $25,000. VitalStone Financial LLC raised its stake in Johnson Controls International by 2,873.3% during the 1st quarter. VitalStone Financial LLC now owns 446 shares of the company’s stock valued at $39,000 after purchasing an additional 431 shares during the period. Coppell Advisory Solutions LLC purchased a new stake in shares of Johnson Controls International in the second quarter valued at $32,000. Finally, NBC Securities Inc. acquired a new stake in shares of Johnson Controls International in the third quarter worth $26,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Controls International Trading Up 0.1 %

Shares of NYSE:JCI opened at $63.77 on Friday. 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 stock has a market capitalization of $43.46 billion, a PE ratio of 20.77, a P/E/G ratio of 1.60 and a beta of 1.24. Johnson Controls International plc has a 1 year low of $47.90 and a 1 year high of $70.43. The firm has a fifty day moving average price of $61.78 and a 200 day moving average price of $56.35.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Tuesday, January 30th. The company reported $0.51 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.51. The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.94 billion. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. The firm’s revenue was up .4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.67 EPS. Analysts expect that Johnson Controls International plc will post 3.61 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, April 19th. Shareholders of record on Monday, March 25th will be issued a dividend of $0.37 per share. The ex-dividend date is Friday, March 22nd. This represents a $1.48 annualized dividend and a yield of 2.32%. Johnson Controls International’s dividend payout ratio (DPR) is presently 48.21%.

Analyst Ratings Changes

JCI has been the topic of several recent analyst reports. Wells Fargo & Company upped their price target on Johnson Controls International from $64.00 to $73.00 and gave the company an “overweight” rating in a research report on Tuesday, April 2nd. Royal Bank of Canada dropped their target price on Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating on the stock in a report on Wednesday, January 31st. Oppenheimer increased their price target on shares of Johnson Controls International from $66.00 to $71.00 and gave the stock an “outperform” rating in a research report on Thursday. HSBC downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 price objective on the stock. in a research report on Wednesday, January 31st. Finally, Citigroup increased their target price on shares of Johnson Controls International from $59.00 to $68.00 and gave the stock a “neutral” rating in a research report on Monday, April 8th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Johnson Controls International has a consensus rating of “Hold” and an average target price of $64.50.

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.