Assenagon Asset Management S.A. Buys 91,524 Shares of Johnson Controls International plc $JCI

by · The Markets Daily

Assenagon Asset Management S.A. boosted its stake in Johnson Controls International plc (NYSE:JCIFree Report) by 376.1% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 115,858 shares of the company’s stock after buying an additional 91,524 shares during the period. Assenagon Asset Management S.A.’s holdings in Johnson Controls International were worth $15,172,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Maseco LLP boosted its holdings in shares of Johnson Controls International by 102.9% during the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after acquiring an additional 107 shares during the period. Mcguire Capital Advisors Inc. acquired a new position in shares of Johnson Controls International in the fourth quarter valued at approximately $27,000. Roxbury Financial LLC increased its stake in shares of Johnson Controls International by 71.9% during the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares during the period. Twin Tree Management LP lifted its holdings in Johnson Controls International by 140.9% during the 4th quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after purchasing an additional 895 shares during the last quarter. Finally, YANKCOM Partnership acquired a new stake in Johnson Controls International during the 4th quarter worth approximately $34,000. 90.05% of the stock is owned by institutional investors.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Todd M. Grabowski sold 1,800 shares of the stock in a transaction dated Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total transaction of $263,160.00. Following the sale, the vice president directly owned 26,215 shares in the company, valued at $3,832,633. This represents a 6.43% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Lei Zhang Schlitz sold 88,809 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $140.99, for a total transaction of $12,521,180.91. Following the completion of the transaction, the vice president directly owned 57,059 shares in the company, valued at approximately $8,044,748.41. This represents a 60.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.29% of the stock is owned by insiders.

Johnson Controls International Trading Down 4.7%

Shares of NYSE:JCI opened at $138.62 on Friday. The company has a market capitalization of $84.57 billion, a P/E ratio of 24.80, a P/E/G ratio of 1.49 and a beta of 1.32. Johnson Controls International plc has a 1 year low of $102.09 and a 1 year high of $149.38. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.04 and a quick ratio of 0.85. The business’s 50 day simple moving average is $141.69 and its 200 day simple moving average is $132.76.

Johnson Controls International (NYSE:JCIGet Free Report) last announced its quarterly earnings data on Tuesday, March 31st. The company reported $1.19 earnings per share for the quarter. The firm had revenue of $6.14 billion during the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%. On average, research analysts anticipate that Johnson Controls International plc will post 4.89 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 15th will be given a $0.40 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.2%. Johnson Controls International’s dividend payout ratio (DPR) is presently 28.62%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Evercore started coverage on Johnson Controls International in a report on Monday, April 13th. They issued a “hold” rating and a $155.00 price objective on the stock. JPMorgan Chase & Co. lifted their target price on Johnson Controls International from $158.00 to $162.00 in a report on Thursday, May 7th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $154.00 target price on shares of Johnson Controls International in a research report on Tuesday, June 2nd. Zacks Research upgraded shares of Johnson Controls International from a “hold” rating to a “strong-buy” rating in a research note on Thursday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Johnson Controls International in a research note on Tuesday, June 9th. Two equities research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Johnson Controls International has a consensus rating of “Moderate Buy” and an average price target of $152.85.

View Our Latest Analysis on Johnson Controls International

Johnson Controls International Profile

(Free Report)

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.

See Also

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