Johnson Controls International PLC (NYSE:JCI) Shares Purchased by Assenagon Asset Management S.A.

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Assenagon Asset Management S.A. boosted its position in Johnson Controls International PLC (NYSE:JCI) by 4.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 25,600 shares of the company’s stock after purchasing an additional 1,000 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Johnson Controls International were worth $1,124,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in JCI. Stonebridge Capital Advisors LLC acquired a new position in Johnson Controls International in the 2nd quarter valued at about $30,000. Kavar Capital Partners LLC acquired a new position in Johnson Controls International in the 2nd quarter valued at about $32,000. Hudock Capital Group LLC raised its stake in Johnson Controls International by 2,231.4% in the 2nd quarter. Hudock Capital Group LLC now owns 816 shares of the company’s stock valued at $33,000 after purchasing an additional 781 shares during the last quarter. Trustcore Financial Services LLC raised its stake in Johnson Controls International by 227.3% in the 2nd quarter. Trustcore Financial Services LLC now owns 946 shares of the company’s stock valued at $39,000 after purchasing an additional 657 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd acquired a new position in Johnson Controls International in the 2nd quarter valued at about $39,000. 91.84% of the stock is owned by hedge funds and other institutional investors.

NYSE JCI opened at $41.85 on Monday. Johnson Controls International PLC has a 12 month low of $28.30 and a 12 month high of $44.65. The company has a 50-day moving average of $43.01 and a 200-day moving average of $40.57. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.41 and a quick ratio of 1.19. The company has a market cap of $33.88 billion, a P/E ratio of 14.79, a P/E/G ratio of 1.71 and a beta of 0.94.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.65 EPS for the quarter, beating the Zacks’ consensus estimate of $0.63 by $0.02. Johnson Controls International had a net margin of 22.38% and a return on equity of 9.02%. The company had revenue of $6.45 billion during the quarter, compared to the consensus estimate of $6.33 billion. During the same quarter in the prior year, the company posted $0.81 EPS. The company’s quarterly revenue was up 2.7% compared to the same quarter last year. As a group, equities research analysts anticipate that Johnson Controls International PLC will post 1.95 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 4th. Stockholders of record on Monday, September 16th were paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.49%. The ex-dividend date of this dividend was Friday, September 13th. Johnson Controls International’s dividend payout ratio is currently 36.75%.

In other news, VP Robert M. Vanhimbergen sold 2,300 shares of the business’s stock in a transaction dated Thursday, August 1st. The stock was sold at an average price of $42.05, for a total transaction of $96,715.00. Following the completion of the sale, the vice president now owns 20,024 shares in the company, valued at approximately $842,009.20. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Rodney M. Rushing sold 764 shares of the business’s stock in a transaction dated Friday, October 11th. The stock was sold at an average price of $42.50, for a total value of $32,470.00. Following the sale, the insider now owns 15,447 shares of the company’s stock, valued at approximately $656,497.50. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 169,391 shares of company stock valued at $7,329,657. Corporate insiders own 0.50% of the company’s stock.

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. boosted their target price on shares of Johnson Controls International from $37.00 to $41.00 and gave the company a “neutral” rating in a research note on Thursday, October 10th. Zacks Investment Research raised shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $44.00 target price for the company in a research note on Monday, July 1st. Finally, ValuEngine downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Thursday, August 1st. Six equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Johnson Controls International presently has a consensus rating of “Hold” and an average price target of $39.89.

About Johnson Controls International

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. The company designs, sells, installs, and services heating, ventilating, and air conditioning systems, controls systems, integrated electronic security systems, and integrated fire detection and suppression systems for commercial, industrial, retail, small business, institutional, and governmental customers; and energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, to non-residential building and industrial applications.

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Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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