Kingswood Wealth Advisors LLC Buys 4,822 Shares of Johnson Controls International plc (NYSE:JCI)

Kingswood Wealth Advisors LLC grew its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 102.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,506 shares of the company’s stock after purchasing an additional 4,822 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Johnson Controls International were worth $548,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in JCI. NBC Securities Inc. acquired a new position in shares of Johnson Controls International during the 3rd quarter worth approximately $26,000. Certified Advisory Corp acquired a new position in shares of Johnson Controls International during the 1st quarter worth approximately $26,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Johnson Controls International during the 3rd quarter worth approximately $30,000. Headinvest LLC acquired a new stake in shares of Johnson Controls International during the 3rd quarter worth approximately $30,000. Finally, West Paces Advisors Inc. acquired a new stake in shares of Johnson Controls International during the 3rd quarter worth approximately $31,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on JCI shares. Melius Research reiterated a “hold” rating on shares of Johnson Controls International in a research report on Tuesday, January 30th. Argus lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Tuesday, February 20th. HSBC lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 price target on the stock. in a research report on Wednesday, January 31st. Oppenheimer reiterated an “outperform” rating and set a $66.00 price target on shares of Johnson Controls International in a research report on Wednesday, December 13th. Finally, Mizuho lowered shares of Johnson Controls International from a “buy” rating to a “neutral” rating and set a $62.00 price target on the stock. in a research report on Friday, February 23rd. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $62.58.

Johnson Controls International Trading Up 1.2 %

NYSE:JCI opened at $64.87 on Thursday. The company has a current ratio of 0.97, a quick ratio of 0.73 and a debt-to-equity ratio of 0.45. The stock has a market capitalization of $44.21 billion, a price-to-earnings ratio of 21.13, a PEG ratio of 1.59 and a beta of 1.24. The firm has a fifty day simple moving average of $58.27 and a two-hundred day simple moving average of $55.27. Johnson Controls International plc has a 12 month low of $47.90 and a 12 month high of $70.43.

Johnson Controls International (NYSE:JCI) last posted its quarterly 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 analysts’ expectations of $6.94 billion. Johnson Controls International had a net margin of 7.85% and a return on equity of 13.08%. The business’s quarterly revenue was up .4% on a year-over-year basis. During the same period last year, the company posted $0.67 earnings per share. Analysts expect that Johnson Controls International plc will post 3.62 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 19th. Stockholders of record on Monday, March 25th will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date of this dividend is Friday, March 22nd. Johnson Controls International’s dividend payout ratio is currently 48.21%.

About Johnson Controls International

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.