Forsta AP Fonden Sells 7,700 Shares of Johnson Controls International plc (NYSE:JCI)

Forsta AP Fonden cut its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 3.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 192,400 shares of the company's stock after selling 7,700 shares during the quarter. Forsta AP Fonden's holdings in Johnson Controls International were worth $15,186,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Fortitude Family Office LLC boosted its position in Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company's stock worth $33,000 after purchasing an additional 278 shares during the period. Wolff Wiese Magana LLC grew its stake in Johnson Controls International by 977.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company's stock valued at $37,000 after buying an additional 430 shares during the last quarter. ST Germain D J Co. Inc. raised its holdings in Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock worth $43,000 after acquiring an additional 134 shares during the period. Western Pacific Wealth Management LP acquired a new position in Johnson Controls International during the 3rd quarter worth $44,000. Finally, Friedenthal Financial bought a new stake in Johnson Controls International during the fourth quarter valued at about $49,000. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Price Performance

Shares of NYSE:JCI traded up $1.79 on Thursday, hitting $78.07. The stock had a trading volume of 985,841 shares, compared to its average volume of 3,720,869. The firm's 50 day moving average price is $81.20 and its 200-day moving average price is $76.44. 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 twelve month low of $52.02 and a twelve month high of $87.16. The company has a market capitalization of $51.54 billion, a price-to-earnings ratio of 30.74, a price-to-earnings-growth ratio of 2.35 and a beta of 1.32.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were given a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.90%. Johnson Controls International's dividend payout ratio (DPR) is presently 58.27%.

Insiders Place Their Bets

In related news, EVP Marlon Sullivan sold 7,230 shares of Johnson Controls International stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total value of $602,620.50. Following the completion of the transaction, the executive vice president now directly owns 32,246 shares of the company's stock, valued at $2,687,704.10. The trade was a 18.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO George Oliver sold 224,152 shares of the stock in a transaction dated Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the sale, the chief executive officer now directly owns 1,166,992 shares in the company, valued at approximately $96,533,578.24. This represents a 16.11 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 647,787 shares of company stock valued at $53,972,452. 0.69% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Argus upgraded Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 target price for the company in a research note on Friday, December 20th. StockNews.com downgraded shares of Johnson Controls International from a "buy" rating to a "hold" rating in a research note on Wednesday, November 20th. Melius lowered 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 report on Tuesday. JPMorgan Chase & Co. reduced their price target on shares of Johnson Controls International from $88.00 to $87.00 and set an "overweight" rating for the company in a report on Wednesday, January 15th. Finally, 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. Eleven analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $84.00.

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.