Johnson Controls International Sees Unusually High Options Volume (NYSE:JCI)

Johnson Controls International plc (NYSE:JCI) was the recipient of unusually large options trading activity on Wednesday. Stock investors acquired 19,207 call options on the stock. This is an increase of 1,963% compared to the average volume of 931 call options.

Johnson Controls International Trading Down 7.1 %

JCI opened at $60.44 on Thursday. The firm’s fifty day moving average is $63.18 and its two-hundred day moving average is $57.13. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.73 and a current ratio of 0.97. The firm has a market cap of $41.19 billion, a PE ratio of 19.69, a price-to-earnings-growth ratio of 1.64 and a beta of 1.24. Johnson Controls International has a twelve month low of $47.90 and a twelve month high of $70.43.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Tuesday, January 30th. The company reported $0.51 earnings per share for the quarter, hitting the consensus estimate of $0.51. The company had revenue of $6.09 billion for the quarter, compared to analyst estimates 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 revenue for the quarter was up .4% compared to the same quarter last year. During the same period last year, the business posted $0.67 earnings per share. Equities research analysts anticipate that Johnson Controls International will post 3.61 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Monday, March 25th were issued a $0.37 dividend. The ex-dividend date of this dividend was Friday, March 22nd. This represents a $1.48 annualized dividend and a yield of 2.45%. Johnson Controls International’s dividend payout ratio (DPR) is presently 48.21%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on JCI shares. HSBC lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 target price on the stock. in a research report on Wednesday, January 31st. Citigroup upped their target price on shares of Johnson Controls International from $59.00 to $68.00 and gave the stock a “neutral” rating in a research report on Monday, April 8th. Argus lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Tuesday, February 20th. Mizuho lowered shares of Johnson Controls International from a “buy” rating to a “neutral” rating and set a $62.00 target price on the stock. in a research report on Friday, February 23rd. Finally, Barclays upped their target price on shares of 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. One analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Johnson Controls International currently has a consensus rating of “Hold” and a consensus price target of $64.50.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Rise Advisors LLC bought a new position in Johnson Controls International in the first quarter valued at $25,000. Turtle Creek Wealth Advisors LLC acquired a new stake in Johnson Controls International in the 4th quarter worth about $25,000. EdgeRock Capital LLC acquired a new stake in Johnson Controls International in the 4th quarter worth about $27,000. NBC Securities Inc. acquired a new stake in Johnson Controls International in the 3rd quarter worth about $26,000. Finally, Hexagon Capital Partners LLC raised its stake in Johnson Controls International by 114.0% in the 4th quarter. Hexagon Capital Partners LLC now owns 503 shares of the company’s stock worth $29,000 after purchasing an additional 268 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

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.