Schulhoff & Co. Inc. Invests $233,000 in Johnson Controls International plc (NYSE:JCI)

Schulhoff & Co. Inc. bought a new position in shares of Johnson Controls International plc (NYSE:JCIGet Rating) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 2,873 shares of the company’s stock, valued at approximately $233,000.

Other hedge funds have also recently bought and sold shares of the company. RFG Advisory LLC boosted its stake in shares of Johnson Controls International by 3.2% during the 4th quarter. RFG Advisory LLC now owns 9,266 shares of the company’s stock worth $753,000 after acquiring an additional 285 shares in the last quarter. Fifth Third Bancorp boosted its stake in shares of Johnson Controls International by 12.4% during the 4th quarter. Fifth Third Bancorp now owns 17,510 shares of the company’s stock worth $1,424,000 after acquiring an additional 1,938 shares in the last quarter. Yousif Capital Management LLC purchased a new stake in shares of Johnson Controls International during the 4th quarter worth about $9,479,000. Profund Advisors LLC lifted its stake in Johnson Controls International by 6.3% in the 4th quarter. Profund Advisors LLC now owns 10,258 shares of the company’s stock valued at $834,000 after buying an additional 609 shares in the last quarter. Finally, Cookson Peirce & Co. Inc. lifted its stake in Johnson Controls International by 3.3% in the 3rd quarter. Cookson Peirce & Co. Inc. now owns 12,549 shares of the company’s stock valued at $854,000 after buying an additional 399 shares in the last quarter. 88.89% of the stock is currently owned by institutional investors and hedge funds.

In related news, VP Robert M. Vanhimbergen sold 5,683 shares of Johnson Controls International stock in a transaction that occurred on Friday, February 25th. The shares were sold at an average price of $64.44, for a total value of $366,212.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Robert M. Vanhimbergen sold 8,573 shares of Johnson Controls International stock in a transaction that occurred on Thursday, February 3rd. The shares were sold at an average price of $69.63, for a total transaction of $596,937.99. The disclosure for this sale can be found here. 0.76% of the stock is owned by company insiders.

Shares of NYSE JCI traded down $1.63 during midday trading on Friday, reaching $59.87. 6,824,140 shares of the stock were exchanged, compared to its average volume of 3,713,982. The company has a 50 day simple moving average of $63.80 and a 200 day simple moving average of $71.18. The stock has a market capitalization of $42.08 billion, a P/E ratio of 27.21, a PEG ratio of 2.33 and a beta of 1.16. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.79 and a current ratio of 1.04. Johnson Controls International plc has a twelve month low of $59.55 and a twelve month high of $81.77.

Johnson Controls International (NYSE:JCIGet Rating) last announced its quarterly earnings results on Wednesday, February 2nd. The company reported $0.54 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.53 by $0.01. The business had revenue of $5.86 billion during the quarter, compared to the consensus estimate of $5.79 billion. Johnson Controls International had a net margin of 6.48% and a return on equity of 10.58%. The business’s revenue was up 9.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.43 EPS. On average, research analysts expect that Johnson Controls International plc will post 3.27 earnings per share for the current year.

The company also recently declared a quarterly dividend, which was paid on Thursday, April 14th. Stockholders of record on Monday, March 21st were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, March 18th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.34%. This is an increase from Johnson Controls International’s previous quarterly dividend of $0.34. Johnson Controls International’s dividend payout ratio (DPR) is currently 63.64%.

A number of research analysts recently weighed in on the stock. Barclays decreased their price target on shares of Johnson Controls International from $86.00 to $80.00 and set an “overweight” rating on the stock in a research note on Monday, April 4th. Morgan Stanley decreased their price target on shares of Johnson Controls International from $84.00 to $82.00 and set an “overweight” rating on the stock in a research note on Thursday, April 7th. Credit Suisse Group decreased their price target on shares of Johnson Controls International from $89.00 to $86.00 and set an “outperform” rating on the stock in a research note on Thursday, February 3rd. Mizuho decreased their price target on shares of Johnson Controls International from $93.00 to $88.00 and set a “buy” rating on the stock in a research note on Thursday, February 3rd. Finally, StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Tuesday, March 29th. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $80.50.

About Johnson Controls International (Get Rating)

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.

Further Reading

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

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