CX Institutional Has $1.87 Million Stake in Johnson Controls International plc (NYSE:JCI)

CX Institutional lessened its holdings in Johnson Controls International plc (NYSE:JCI) by 4.7% during the fourth quarter, HoldingsChannel reports. The fund owned 23,637 shares of the company’s stock after selling 1,173 shares during the quarter. CX Institutional’s holdings in Johnson Controls International were worth $1,866,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Fortitude Family Office LLC boosted its position in shares of Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after buying an additional 278 shares during the last quarter. Wolff Wiese Magana LLC grew its stake in shares of Johnson Controls International by 977.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock worth $37,000 after acquiring an additional 430 shares in the last quarter. ST Germain D J Co. Inc. raised its holdings in shares of Johnson Controls International by 32.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after purchasing an additional 134 shares during the last quarter. Western Pacific Wealth Management LP bought a new position in shares of Johnson Controls International during the third quarter valued at about $44,000. Finally, Friedenthal Financial purchased a new position in Johnson Controls International during the fourth quarter worth about $49,000. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Trading Down 0.5 %

Shares of Johnson Controls International stock opened at $81.65 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. Johnson Controls International plc has a 1 year low of $52.02 and a 1 year high of $87.16. The firm has a market cap of $53.90 billion, a PE ratio of 32.14, a PEG ratio of 2.35 and a beta of 1.32. The company has a 50 day simple moving average of $81.67 and a two-hundred day simple moving average of $76.12.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were given a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.81%. Johnson Controls International’s dividend payout ratio (DPR) is presently 58.27%.

Insider Activity at Johnson Controls International

In other news, EVP Marlon Sullivan sold 7,230 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total value of $602,620.50. Following the completion of the sale, the executive vice president now owns 32,246 shares of the company’s stock, valued at approximately $2,687,704.10. This represents a 18.31 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO George Oliver sold 110,616 shares of the stock in a transaction on Friday, November 15th. The shares were sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the transaction, the chief executive officer now directly owns 1,244,617 shares in the company, valued at approximately $105,294,598.20. This represents a 8.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 647,787 shares of company stock valued at $53,972,452 over the last 90 days. 0.69% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Robert W. Baird lifted their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Barclays lifted their price target on Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Wells Fargo & Company reduced their price objective on Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Bank of America lifted their target price on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. Finally, Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a research report on Friday, December 20th. Ten equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $82.53.

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.