Shufro Rose & Co. LLC Cuts Stock Position in Johnson Controls International plc (NYSE:JCI)

Shufro Rose & Co. LLC lowered its holdings in Johnson Controls International plc (NYSE:JCI) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 380,056 shares of the company’s stock after selling 1,010 shares during the period. Johnson Controls International comprises 1.8% of Shufro Rose & Co. LLC’s holdings, making the stock its 20th largest position. Shufro Rose & Co. LLC owned approximately 0.06% of Johnson Controls International worth $20,223,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of JCI. Turtle Creek Wealth Advisors LLC purchased a new position in shares of Johnson Controls International during the 4th quarter valued at $25,000. NBC Securities Inc. purchased a new stake in shares of Johnson Controls International during the third quarter valued at approximately $26,000. Headinvest LLC bought a new position in shares of Johnson Controls International during the third quarter valued at approximately $30,000. West Paces Advisors Inc. bought a new position in shares of Johnson Controls International during the third quarter valued at approximately $31,000. Finally, Bruce G. Allen Investments LLC bought a new position in shares of Johnson Controls International during the fourth quarter valued at approximately $36,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

JCI has been the subject of a number of research reports. Argus downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $60.00 price objective (down from $65.00) on shares of Johnson Controls International in a research report on Wednesday, January 31st. Wells Fargo & Company raised 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. Barclays raised 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, Melius Research reaffirmed a “hold” rating on shares of Johnson Controls International in a research note on Tuesday, January 30th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $64.50.

Johnson Controls International Price Performance

JCI traded up $0.66 on Friday, hitting $65.11. 6,408,009 shares of the company’s stock traded hands, compared to its average volume of 4,071,197. The company’s 50 day simple moving average is $62.79 and its 200-day simple moving average is $56.90. The firm has a market cap of $44.37 billion, a price-to-earnings ratio of 21.21, a P/E/G ratio of 1.63 and a beta of 1.24. Johnson Controls International plc has a one year low of $47.90 and a one year high of $70.43. The company has a current ratio of 0.97, a quick ratio of 0.73 and a debt-to-equity ratio of 0.45.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Tuesday, January 30th. The company reported $0.51 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.51. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. The business had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.94 billion. During the same quarter in the previous year, the company posted $0.67 EPS. The company’s revenue was up .4% compared to the same quarter last year. As a group, research analysts anticipate that Johnson Controls International plc will post 3.61 EPS for the current year.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 19th. Stockholders 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 dividend payout ratio (DPR) is 48.21%.

Johnson Controls International Company 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.