Blue Square Asset Management LLC Lowers Holdings in Johnson Controls International plc (NYSE:JCI)

Blue Square Asset Management LLC trimmed its position in shares of Johnson Controls International plc (NYSE:JCI) by 45.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 3,622 shares of the company’s stock after selling 3,017 shares during the period. Blue Square Asset Management LLC’s holdings in Johnson Controls International were worth $286,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Johnson Controls International by 514.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock valued at $418,439,000 after purchasing an additional 4,514,792 shares in the last quarter. Point72 Asset Management L.P. raised its position in Johnson Controls International by 263.9% in the 2nd quarter. Point72 Asset Management L.P. now owns 1,341,919 shares of the company’s stock worth $89,197,000 after buying an additional 973,145 shares during the last quarter. Fisher Asset Management LLC lifted its stake in Johnson Controls International by 3.4% during the 3rd quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock valued at $1,187,084,000 after acquiring an additional 509,293 shares during the period. Janney Montgomery Scott LLC purchased a new stake in shares of Johnson Controls International during the 4th quarter valued at about $32,609,000. Finally, Worldquant Millennium Advisors LLC bought a new stake in shares of Johnson Controls International in the third quarter worth approximately $25,065,000. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Stock Performance

Shares of NYSE JCI opened at $81.65 on Friday. The stock has a market cap of $53.90 billion, a PE ratio of 32.14, a price-to-earnings-growth ratio of 2.35 and a beta of 1.32. Johnson Controls International plc has a 1 year low of $52.02 and a 1 year high of $87.16. The firm has a fifty day moving average price of $81.62 and a 200-day moving average price of $76.22. 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 Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.37 per share. The ex-dividend date was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.81%. Johnson Controls International’s dividend payout ratio is presently 58.27%.

Analyst Ratings Changes

A number of research analysts recently weighed in on JCI shares. Royal Bank of Canada increased their price objective on shares of Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a research report on Thursday, November 7th. UBS Group assumed coverage on Johnson Controls International in a report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 price target on the stock. Mizuho lifted their price objective on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Argus raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a report on Friday, December 20th. Finally, JPMorgan Chase & Co. dropped their target price on Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 15th. Ten analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $82.53.

Insider Activity

In related news, CEO George Oliver sold 224,152 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the completion of the transaction, the chief executive officer now directly owns 1,166,992 shares of the company’s stock, valued at approximately $96,533,578.24. This trade represents a 16.11 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Marlon Sullivan sold 7,230 shares of the business’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the completion of the sale, the executive vice president now owns 32,246 shares in the company, valued at approximately $2,687,704.10. The trade was a 18.31 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 647,787 shares of company stock worth $53,972,452 over the last ninety days. Corporate insiders own 0.69% of the company’s stock.

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.