Lindbrook Capital LLC Grows Stake in Johnson Controls International plc (NYSE:JCI)

Lindbrook Capital LLC grew its holdings in Johnson Controls International plc (NYSE:JCI) by 62.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 2,878 shares of the company’s stock after buying an additional 1,111 shares during the quarter. Lindbrook Capital LLC’s holdings in Johnson Controls International were worth $166,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Optimum Investment Advisors lifted its holdings in Johnson Controls International by 17.5% in the 4th quarter. Optimum Investment Advisors now owns 1,175 shares of the company’s stock worth $68,000 after buying an additional 175 shares during the period. Raleigh Capital Management Inc. lifted its holdings in Johnson Controls International by 3.9% in the 3rd quarter. Raleigh Capital Management Inc. now owns 4,767 shares of the company’s stock worth $254,000 after buying an additional 179 shares during the period. BSW Wealth Partners lifted its holdings in Johnson Controls International by 4.3% in the 4th quarter. BSW Wealth Partners now owns 4,494 shares of the company’s stock worth $259,000 after buying an additional 185 shares during the period. Cottage Street Advisors LLC lifted its holdings in Johnson Controls International by 4.9% in the 3rd quarter. Cottage Street Advisors LLC now owns 4,189 shares of the company’s stock worth $223,000 after buying an additional 196 shares during the period. Finally, Mutual Advisors LLC lifted its holdings in Johnson Controls International by 0.4% in the 3rd quarter. Mutual Advisors LLC now owns 46,147 shares of the company’s stock worth $2,455,000 after buying an additional 199 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Wells Fargo & Company increased their target price on Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday, April 2nd. TheStreet raised Johnson Controls International from a “c+” rating to a “b-” rating in a research report on Tuesday, December 26th. Royal Bank of Canada decreased their target price on Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating for the company in a research report on Wednesday, January 31st. Barclays increased their target price on Johnson Controls International from $59.00 to $61.00 and gave the stock an “equal weight” rating in a research report on Tuesday, April 2nd. Finally, Citigroup increased their target price on 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 analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $64.50.

Johnson Controls International Stock Up 0.8 %

JCI stock opened at $65.17 on Wednesday. Johnson Controls International plc has a twelve month low of $47.90 and a twelve month high of $70.43. The company has a quick ratio of 0.73, a current ratio of 0.97 and a debt-to-equity ratio of 0.45. The firm has a market cap of $44.41 billion, a PE ratio of 21.23, a price-to-earnings-growth ratio of 1.62 and a beta of 1.24. The business has a 50 day moving average of $62.34 and a 200 day moving average of $56.67.

Johnson Controls International (NYSE:JCI) last posted 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 analyst estimates of $6.94 billion. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. The company’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter last year, the company earned $0.67 EPS. On average, research analysts forecast that Johnson Controls International plc will post 3.61 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Monday, March 25th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.27%. The ex-dividend date of this dividend was Friday, March 22nd. Johnson Controls International’s payout ratio is 48.21%.

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.