Barclays PLC raised its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 6.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,685,322 shares of the company's stock after purchasing an additional 105,194 shares during the quarter. Barclays PLC owned approximately 0.25% of Johnson Controls International worth $130,797,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also added to or reduced their stakes in the company. Continuum Advisory LLC lifted its holdings in shares of Johnson Controls International by 79.1% in the third quarter. Continuum Advisory LLC now owns 944 shares of the company's stock worth $80,000 after buying an additional 417 shares in the last quarter. LRI Investments LLC lifted its holdings in shares of Johnson Controls International by 49.7% in the third quarter. LRI Investments LLC now owns 4,455 shares of the company's stock worth $379,000 after buying an additional 1,479 shares in the last quarter. Geller Advisors LLC purchased a new stake in shares of Johnson Controls International in the third quarter worth about $218,000. Y Intercept Hong Kong Ltd increased its position in shares of Johnson Controls International by 136.8% in the third quarter. Y Intercept Hong Kong Ltd now owns 91,248 shares of the company's stock worth $7,082,000 after purchasing an additional 52,719 shares during the last quarter. Finally, Orion Portfolio Solutions LLC increased its position in shares of Johnson Controls International by 4.5% in the third quarter. Orion Portfolio Solutions LLC now owns 29,361 shares of the company's stock worth $2,279,000 after purchasing an additional 1,262 shares during the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Johnson Controls International
In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of the business's stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $76.79, for a total transaction of $8,494,125.85. Following the completion of the sale, the chief executive officer now directly owns 1,243,751 shares in the company, valued at $95,507,639.29. The trade was a 8.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Nathan D. Manning sold 3,000 shares of Johnson Controls International stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total value 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. The trade was a 2.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 865,159 shares of company stock worth $70,161,300 in the last three months. 0.69% of the stock is currently owned by company insiders.
Johnson Controls International Stock Up 1.5 %
Shares of NYSE:JCI traded up $1.27 on Wednesday, hitting $84.05. 3,310,611 shares of the company traded hands, compared to its average volume of 4,821,685. Johnson Controls International plc has a 52 week low of $51.70 and a 52 week high of $87.16. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The stock has a 50 day simple moving average of $80.16 and a 200-day simple moving average of $73.68. The company has a market cap of $55.66 billion, a PE ratio of 33.09, a PEG ratio of 2.35 and a beta of 1.31.
Johnson Controls International Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Monday, December 23rd will be issued a dividend of $0.37 per share. The ex-dividend date is Monday, December 23rd. This represents a $1.48 annualized dividend and a dividend yield of 1.76%. Johnson Controls International's payout ratio is presently 58.27%.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on JCI. Morgan Stanley began coverage on shares of Johnson Controls International in a research report on Friday, September 6th. They issued an "overweight" rating and a $85.00 price objective on the stock. Mizuho upped their price objective on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a "neutral" rating in a research report on Thursday, October 17th. Royal Bank of Canada upped their price objective on shares of Johnson Controls International from $81.00 to $86.00 and gave the stock a "sector perform" rating in a research report on Thursday, November 7th. Wells Fargo & Company increased their price target on shares of Johnson Controls International from $84.00 to $90.00 and gave the company an "overweight" rating in a research report on Thursday, November 7th. Finally, UBS Group initiated coverage on shares of Johnson Controls International in a research report on Wednesday, November 13th. They set a "neutral" rating and a $90.00 price target on the stock. Twelve research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $78.57.
Check Out Our Latest Report on JCI
About Johnson Controls International
(
Free Report)
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.
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