Czech National Bank Purchases 8,758 Shares of Johnson Controls International plc (NYSE:JCI)

Czech National Bank grew its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 6.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 144,839 shares of the company's stock after acquiring an additional 8,758 shares during the quarter. Czech National Bank's holdings in Johnson Controls International were worth $11,432,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Y Intercept Hong Kong Ltd grew its holdings in shares of Johnson Controls International by 136.8% during the 3rd 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 in the last quarter. Geode Capital Management LLC lifted its position in Johnson Controls International by 0.5% during the third quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company's stock worth $1,041,822,000 after purchasing an additional 71,493 shares during the period. International Assets Investment Management LLC acquired a new stake in Johnson Controls International during the third quarter worth about $7,692,000. CIBC Asset Management Inc increased its holdings in Johnson Controls International by 6.8% in the 3rd quarter. CIBC Asset Management Inc now owns 117,328 shares of the company's stock valued at $9,106,000 after buying an additional 7,433 shares during the period. Finally, Cerity Partners LLC raised its position in shares of Johnson Controls International by 35.9% in the 3rd quarter. Cerity Partners LLC now owns 56,493 shares of the company's stock valued at $4,385,000 after buying an additional 14,925 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have commented on JCI. Oppenheimer boosted their price objective on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an "outperform" rating in a research report on Thursday, November 7th. Bank of America boosted their price target on Johnson Controls International from $80.00 to $95.00 and gave the stock a "buy" rating in a report on Friday, September 27th. Citigroup reduced their price objective on Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating on the stock in a research note on Monday. UBS Group assumed coverage on Johnson Controls International in a research note on Wednesday, November 13th. They set a "neutral" rating and a $90.00 target price for the company. Finally, StockNews.com lowered shares of Johnson Controls International from a "buy" rating to a "hold" rating in a report on Wednesday, November 20th. Ten equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to MarketBeat, Johnson Controls International currently has an average rating of "Hold" and a consensus price target of $82.21.

Johnson Controls International Trading Up 1.1 %

Shares of JCI stock traded up $0.89 on Tuesday, hitting $80.19. The company had a trading volume of 2,144,877 shares, compared to its average volume of 2,379,019. The stock's 50-day moving average is $81.99 and its two-hundred day moving average is $75.43. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. The firm has a market cap of $53.10 billion, a P/E ratio of 31.57, a P/E/G ratio of 2.31 and a beta of 1.32. Johnson Controls International plc has a twelve month low of $51.71 and a twelve month high of $87.16.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Shareholders 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 yield of 1.85%. Johnson Controls International's payout ratio is 58.27%.

Insider Transactions at Johnson Controls International

In related news, EVP Marlon Sullivan sold 7,230 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the transaction, the executive vice president now directly owns 32,246 shares of the company's stock, valued at $2,687,704.10. This represents a 18.31 % 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 110,616 shares of the firm's stock in a transaction on Friday, November 15th. The stock was sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the completion of the sale, the chief executive officer now owns 1,244,617 shares of the company's stock, valued at $105,294,598.20. The trade was a 8.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 647,973 shares of company stock worth $53,986,862. Company insiders own 0.69% of the company's stock.

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.