Johnson Controls International plc (NYSE:JCI) Shares Sold by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. cut its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 3.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 126,557 shares of the company's stock after selling 4,429 shares during the period. Dana Investment Advisors Inc.'s holdings in Johnson Controls International were worth $9,989,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. State Street Corp increased its holdings in Johnson Controls International by 1.1% in the 3rd quarter. State Street Corp now owns 27,939,766 shares of the company's stock valued at $2,178,595,000 after purchasing an additional 300,712 shares during the last quarter. Fisher Asset Management LLC boosted its position in shares of Johnson Controls International by 2.9% during the fourth quarter. Fisher Asset Management LLC now owns 15,743,019 shares of the company's stock worth $1,242,597,000 after buying an additional 447,513 shares during the period. Geode Capital Management LLC grew its stake in shares of Johnson Controls International by 0.5% in the third quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company's stock valued at $1,041,822,000 after buying an additional 71,493 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Johnson Controls International by 514.9% in the 3rd 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 buying an additional 4,514,792 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Johnson Controls International by 2.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 4,053,831 shares of the company's stock worth $319,969,000 after acquiring an additional 94,948 shares in the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

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Johnson Controls International Stock Down 1.2 %

JCI stock traded down $1.00 during midday trading on Friday, reaching $80.07. 5,576,720 shares of the company were exchanged, compared to its average volume of 4,634,555. The company has a market cap of $52.86 billion, a price-to-earnings ratio of 30.56, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. Johnson Controls International plc has a 1-year low of $59.83 and a 1-year high of $91.14. The stock's 50-day simple moving average is $82.51 and its 200 day simple moving average is $79.48.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. On average, equities analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have weighed in on JCI shares. UBS Group raised Johnson Controls International from a "neutral" rating to a "buy" rating and lifted their target price for the company from $90.00 to $103.00 in a research report on Monday, February 10th. Argus upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price objective for the company in a report on Friday, December 20th. Melius downgraded shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 target price on the stock. in a research note on Tuesday, January 28th. Morgan Stanley raised their price target on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Finally, StockNews.com lowered Johnson Controls International from a "buy" rating to a "hold" rating in a research report on Wednesday, November 20th. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Johnson Controls International has a consensus rating of "Moderate Buy" and an average target price of $91.13.

Insider Activity

In other Johnson Controls International news, CEO George Oliver sold 129,263 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $83.55, for a total value of $10,799,923.65. Following the completion of the sale, the chief executive officer now owns 1,203,893 shares in the company, valued at approximately $100,585,260.15. The trade was a 9.70 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the sale, the vice president now directly owns 148,346 shares of the company's stock, valued at $11,339,568.24. The trade was a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 837,777 shares of company stock valued at $72,867,455. Insiders own 0.54% 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.