Black Swift Group LLC Acquires New Shares in Johnson Controls International plc (NYSE:JCI)

Black Swift Group LLC bought a new position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 12,500 shares of the company's stock, valued at approximately $970,000.

Other institutional investors also recently bought and sold shares of the company. Fortitude Family Office LLC grew its stake in Johnson Controls International by 195.8% in the 3rd 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. Continuum Advisory LLC grew its position in shares of Johnson Controls International by 65.2% in the second quarter. Continuum Advisory LLC now owns 527 shares of the company's stock valued at $35,000 after purchasing an additional 208 shares during the last quarter. Wolff Wiese Magana LLC increased its stake in shares of Johnson Controls International by 977.3% in the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company's stock worth $37,000 after purchasing an additional 430 shares during the period. Western Pacific Wealth Management LP acquired a new position in shares of Johnson Controls International during the 3rd quarter worth about $44,000. Finally, Hexagon Capital Partners LLC lifted its position in shares of Johnson Controls International by 39.7% during the 2nd quarter. Hexagon Capital Partners LLC now owns 711 shares of the company's stock worth $47,000 after purchasing an additional 202 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors.

Insider Activity

In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of the firm's stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total value of $84,899.25. Following the transaction, the chief operating officer now directly owns 143,488 shares of the company's stock, valued at approximately $10,438,752. This trade represents a 0.81 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Oliver sold 110,615 shares of the firm's stock in a transaction on 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 owns 1,243,751 shares in the company, valued at $90,383,385.17. This represents a 8.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 226,141 shares of company stock valued at $16,904,519 over the last three months. 0.69% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on JCI shares. StockNews.com lowered Johnson Controls International from a "buy" rating to a "hold" rating in a report on Tuesday. Oppenheimer upped their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an "outperform" rating in a research note on Thursday, November 7th. Bank of America increased their price target on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a "buy" rating in a report on Friday, September 27th. Mizuho boosted their price objective on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a "neutral" rating in a report on Thursday, October 17th. Finally, Barclays increased their target price on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an "equal weight" rating in a research note on Wednesday, October 2nd. Twelve research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $77.21.

Johnson Controls International Price Performance

NYSE JCI traded down $0.59 during trading hours on Thursday, reaching $85.12. 3,545,167 shares of the company's stock were exchanged, compared to its average volume of 4,932,619. The firm has a fifty day moving average of $76.20 and a 200-day moving average of $71.42. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a one year low of $51.40 and a one year high of $87.16. The stock has a market cap of $56.86 billion, a PE ratio of 33.74, a price-to-earnings-growth ratio of 2.38 and a beta of 1.29.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were given a dividend of $0.37 per share. The ex-dividend date was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.74%. 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.