George Oliver Sells 205,168 Shares of Johnson Controls International plc (NYSE:JCI) Stock

Johnson Controls International plc (NYSE:JCI - Get Free Report) CEO George Oliver sold 205,168 shares of the firm's stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $89.07, for a total transaction of $18,274,313.76. Following the sale, the chief executive officer now directly owns 1,260,527 shares in the company, valued at $112,275,139.89. This represents a 14.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

George Oliver also recently made the following trade(s):

• On Friday, February 14th, George Oliver sold 162,894 shares of Johnson Controls International stock. The shares were sold at an average price of $89.28, for a total value of $14,543,176.32.
• On Friday, February 7th, George Oliver sold 205,168 shares of Johnson Controls International stock. The stock was sold at an average price of $88.03, for a total value of $18,060,939.04.
• On Tuesday, December 10th, George Oliver sold 124,497 shares of Johnson Controls International stock. The shares were sold at an average price of $82.67, for a total value of $10,292,166.99.
• On Friday, November 22nd, George Oliver sold 170,430 shares of Johnson Controls International stock. The shares were sold at an average price of $83.70, for a total value of $14,264,991.00.
• On Monday, November 25th, George Oliver sold 10,304 shares of Johnson Controls International stock. The stock was sold at an average price of $84.14, for a total transaction of $866,978.56.
• On Wednesday, November 20th, George Oliver sold 224,152 shares of Johnson Controls International stock. The shares were sold at an average price of $82.72, for a total transaction of $18,541,853.44.
• On Friday, November 15th, George Oliver sold 110,616 shares of Johnson Controls International stock. The stock was sold at an average price of $84.60, for a total transaction of $9,358,113.60.

Johnson Controls International Stock Up 1.4 %

Shares of Johnson Controls International stock traded up $1.28 on Friday, hitting $89.83. 2,800,397 shares of the company's stock traded hands, compared to its average volume of 5,100,635. Johnson Controls International plc has a 52-week low of $56.28 and a 52-week high of $89.95. The company has a quick ratio of 0.79, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The stock has a market cap of $59.30 billion, a P/E ratio of 34.28, a PEG ratio of 2.48 and a beta of 1.32. The firm's 50-day moving average is $81.50 and its 200 day moving average is $77.68.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Equities analysts anticipate that Johnson Controls International plc will post 3.52 earnings per share for the current year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.65%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International's dividend payout ratio is currently 56.49%.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. Raymond James Financial Inc. bought a new position in Johnson Controls International during the fourth quarter worth $568,309,000. Norges Bank acquired a new stake in shares of Johnson Controls International during the fourth quarter worth $560,549,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Johnson Controls International by 514.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company's stock worth $418,439,000 after purchasing an additional 4,514,792 shares during the period. Invesco Ltd. lifted its position in shares of Johnson Controls International by 13.2% in the 4th quarter. Invesco Ltd. now owns 18,407,597 shares of the company's stock worth $1,452,912,000 after buying an additional 2,150,573 shares during the last quarter. Finally, Amundi boosted its holdings in shares of Johnson Controls International by 76.7% in the 4th quarter. Amundi now owns 3,870,478 shares of the company's stock valued at $309,422,000 after buying an additional 1,680,431 shares during the period. Institutional investors own 90.05% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on JCI shares. StockNews.com cut Johnson Controls International from a "buy" rating to a "hold" rating in a report on Wednesday, November 20th. Morgan Stanley increased their target price on shares of Johnson Controls International from $95.00 to $105.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Robert W. Baird increased their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a "neutral" rating in a research report on Thursday, November 7th. Wells Fargo & Company lifted their target price on shares of Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Finally, UBS Group upgraded Johnson Controls International from a "neutral" rating to a "buy" rating and increased their price target for the company from $90.00 to $103.00 in a report on Monday, February 10th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, Johnson Controls International has an average rating of "Moderate Buy" and a consensus price target of $91.13.

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.