Aigen Investment Management LP Has $720,000 Position in Johnson Controls International plc (NYSE:JCI)

Aigen Investment Management LP lifted its position in shares of Johnson Controls International plc (NYSE:JCI) by 133.8% in the third quarter, HoldingsChannel.com reports. The fund owned 9,279 shares of the company’s stock after buying an additional 5,311 shares during the period. Aigen Investment Management LP’s holdings in Johnson Controls International were worth $720,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in JCI. Prime Capital Investment Advisors LLC lifted its stake in Johnson Controls International by 17.6% during the third quarter. Prime Capital Investment Advisors LLC now owns 25,050 shares of the company’s stock worth $1,944,000 after purchasing an additional 3,746 shares during the last quarter. Harbour Investments Inc. raised its holdings in shares of Johnson Controls International by 12.7% during the 3rd quarter. Harbour Investments Inc. now owns 2,866 shares of the company’s stock worth $222,000 after buying an additional 322 shares in the last quarter. Apollon Wealth Management LLC lifted its position in shares of Johnson Controls International by 21.6% during the 3rd quarter. Apollon Wealth Management LLC now owns 19,977 shares of the company’s stock worth $1,550,000 after buying an additional 3,554 shares during the last quarter. Nations Financial Group Inc. IA ADV acquired a new stake in Johnson Controls International in the third quarter valued at about $324,000. Finally, Ashton Thomas Securities LLC acquired a new position in Johnson Controls International during the third quarter worth about $61,000. 90.05% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on JCI. Oppenheimer increased their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Wells Fargo & Company boosted their target price on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday, November 7th. StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Tuesday. The Goldman Sachs Group boosted their price objective on Johnson Controls International from $73.00 to $81.00 and gave the stock a “buy” rating in a research report on Friday, August 2nd. Finally, Mizuho increased their target price on Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. Twelve equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $77.21.

Insider Buying and Selling at Johnson Controls International

In other news, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.67, for a total value of $8,038,392.05. Following the completion of the transaction, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at approximately $90,383,385.17. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. In other Johnson Controls International news, COO Nathan D. Manning sold 3,000 shares of the stock in a transaction that occurred on Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total transaction of $231,240.00. Following the transaction, the chief operating officer now directly owns 140,488 shares in the company, valued at approximately $10,828,815.04. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO George Oliver sold 110,615 shares of the firm’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the sale, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at approximately $90,383,385.17. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 226,141 shares of company stock valued at $16,904,519. 0.69% of the stock is currently owned by insiders.

Johnson Controls International Stock Up 0.6 %

Shares of NYSE JCI opened at $85.71 on Thursday. The company’s 50 day moving average price is $75.88 and its 200-day moving average price is $71.32. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. Johnson Controls International plc has a 52-week low of $51.33 and a 52-week high of $87.16. The company has a market capitalization of $57.26 billion, a P/E ratio of 33.74, a price-to-earnings-growth ratio of 2.38 and a beta of 1.29.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Wednesday, September 25th were issued a $0.37 dividend. The ex-dividend date was Wednesday, September 25th. This represents a $1.48 annualized dividend and a yield of 1.73%. Johnson Controls International’s payout ratio is 58.27%.

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.