Johnson Controls International (NYSE:JCI) Stock Rating Lowered by UBS Group

Johnson Controls International (NYSE:JCI) was downgraded by stock analysts at UBS Group from a “buy” rating to a “neutral” rating in a research note issued on Monday, MarketBeat Ratings reports. They presently have a $68.00 target price on the stock, down from their prior target price of $74.00. UBS Group’s target price indicates a potential upside of 5.49% from the company’s previous close.

JCI has been the subject of several other research reports. Wells Fargo & Company boosted their price target on Johnson Controls International from $64.00 to $73.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Argus downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $60.00 price objective (down from $65.00) on shares of Johnson Controls International in a research note on Wednesday, January 31st. Mizuho cut 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 note on Friday, February 23rd. Finally, Royal Bank of Canada decreased their price target on Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating on the stock in a report on Wednesday, January 31st. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $63.75.

Johnson Controls International Stock Performance

Shares of JCI opened at $64.46 on Monday. The company has a debt-to-equity ratio of 0.44, a current ratio of 0.87 and a quick ratio of 0.65. Johnson Controls International has a one year low of $47.90 and a one year high of $70.43. The firm has a market capitalization of $43.43 billion, a P/E ratio of 26.10, a PEG ratio of 1.59 and a beta of 1.23. The business has a fifty day moving average of $63.51 and a 200 day moving average of $57.51.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings data on Wednesday, May 1st. The company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.75 by $0.03. Johnson Controls International had a return on equity of 13.21% and a net margin of 6.32%. The company had revenue of $6.70 billion during the quarter, compared to analyst estimates of $7.51 billion. During the same quarter in the previous year, the company posted $0.75 earnings per share. Johnson Controls International’s revenue was down 6.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Johnson Controls International will post 3.61 EPS for the current year.

Insider Activity at Johnson Controls International

In related news, COO Nathan D. Manning sold 3,000 shares of the firm’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $62.86, for a total value of $188,580.00. Following the completion of the transaction, the chief operating officer now directly owns 106,891 shares of the company’s stock, valued at $6,719,168.26. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In related news, COO Nathan D. Manning sold 3,000 shares of the firm’s stock in a transaction on Monday, May 6th. The shares were sold at an average price of $62.86, for a total value of $188,580.00. Following the completion of the transaction, the chief operating officer now directly owns 106,891 shares of the company’s stock, valued at $6,719,168.26. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Juergen Tinggren sold 4,000 shares of the firm’s stock in a transaction on Monday, May 6th. The stock was sold at an average price of $62.31, for a total value of $249,240.00. Following the completion of the sale, the director now owns 30,120 shares of the company’s stock, valued at $1,876,777.20. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 7,930 shares of company stock valued at $496,328. 0.69% of the stock is owned by corporate insiders.

Institutional Trading of Johnson Controls International

A number of institutional investors have recently bought and sold shares of JCI. Turtle Creek Wealth Advisors LLC bought a new stake in Johnson Controls International in the fourth quarter worth $25,000. Rise Advisors LLC bought a new stake in shares of Johnson Controls International during the first quarter worth $25,000. NBC Securities Inc. bought a new stake in shares of Johnson Controls International during the third quarter worth $26,000. EdgeRock Capital LLC bought a new stake in shares of Johnson Controls International during the fourth quarter worth $27,000. Finally, Hexagon Capital Partners LLC lifted its position in shares of Johnson Controls International by 114.0% during the fourth quarter. Hexagon Capital Partners LLC now owns 503 shares of the company’s stock worth $29,000 after purchasing an additional 268 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors.

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.