Johnson Controls International plc (NYSE:JCI) Shares Purchased by Jennison Associates LLC

Jennison Associates LLC increased its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 4.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 787,964 shares of the company's stock after acquiring an additional 32,480 shares during the period. Jennison Associates LLC owned about 0.12% of Johnson Controls International worth $61,154,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cetera Investment Advisers grew its holdings in Johnson Controls International by 470.9% during the first quarter. Cetera Investment Advisers now owns 157,980 shares of the company's stock worth $10,319,000 after acquiring an additional 130,308 shares during the period. Epoch Investment Partners Inc. grew its holdings in Johnson Controls International by 0.9% during the first quarter. Epoch Investment Partners Inc. now owns 1,129,418 shares of the company's stock worth $73,774,000 after acquiring an additional 10,146 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. O Shaughnessy Asset Management LLC grew its holdings in Johnson Controls International by 29.1% in the first quarter. O Shaughnessy Asset Management LLC now owns 39,436 shares of the company's stock valued at $2,576,000 after purchasing an additional 8,897 shares during the period. Finally, CIBC Asset Management Inc grew its holdings in Johnson Controls International by 6.8% in the third quarter. CIBC Asset Management Inc now owns 117,328 shares of the company's stock valued at $9,106,000 after purchasing an additional 7,433 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Johnson Controls International

In other news, COO Nathan D. Manning sold 3,000 shares of Johnson Controls International stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total value of $231,240.00. Following the completion of the sale, the chief operating officer now directly owns 140,488 shares of the company's stock, valued at approximately $10,828,815.04. The trade was a 2.09 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CEO George Oliver sold 224,152 shares of Johnson Controls International stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $82.72, for a total value of $18,541,853.44. Following the completion of the sale, the chief executive officer now directly owns 1,166,992 shares of the company's stock, valued at $96,533,578.24. The trade was a 16.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 561,095 shares of company stock worth $44,820,037 over the last quarter. 0.69% of the stock is currently owned by company insiders.

Johnson Controls International Trading Up 1.5 %

Johnson Controls International stock traded up $1.25 during trading on Thursday, reaching $84.24. 1,591,562 shares of the company were exchanged, compared to its average volume of 4,893,922. Johnson Controls International plc has a 52-week low of $51.70 and a 52-week high of $87.16. The company has a market capitalization of $56.27 billion, a P/E ratio of 33.16, a PEG ratio of 2.33 and a beta of 1.29. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. The stock's 50 day simple moving average is $77.91 and its two-hundred day simple moving average is $72.24.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were given a $0.37 dividend. The ex-dividend date was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a yield of 1.76%. Johnson Controls International's dividend payout ratio is currently 58.27%.

Analyst Upgrades and Downgrades

Several analysts have commented on JCI shares. Robert W. Baird raised their price objective on Johnson Controls International from $80.00 to $85.00 and gave the company a "neutral" rating in a report on Thursday, November 7th. StockNews.com lowered Johnson Controls International from a "buy" rating to a "hold" rating in a report on Wednesday. Royal Bank of Canada raised their price objective on Johnson Controls International from $81.00 to $86.00 and gave the company a "sector perform" rating in a report on Thursday, November 7th. Mizuho raised their price objective on Johnson Controls International from $62.00 to $75.00 and gave the company a "neutral" rating in a report on Thursday, October 17th. Finally, UBS Group started coverage on Johnson Controls International in a research report on Wednesday, November 13th. They issued a "neutral" rating and a $90.00 target price on the stock. Twelve investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, Johnson Controls International presently has an average rating of "Hold" and an average target price of $77.21.

Johnson Controls International 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.