Johnson Controls International plc (NYSE:JCI) CFO Marc Vandiepenbeeck Sells 186 Shares

Johnson Controls International plc (NYSE:JCI - Get Free Report) CFO Marc Vandiepenbeeck sold 186 shares of the company's stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $78.60, for a total value of $14,619.60. Following the transaction, the chief financial officer now directly owns 91,372 shares in the company, valued at $7,181,839.20. This represents a 0.20 % 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 link.

Marc Vandiepenbeeck also recently made the following trade(s):

• On Tuesday, December 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $83.64, for a total transaction of $15,557.04.
• On Wednesday, November 20th, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $83.61, for a total transaction of $15,551.46.
• On Monday, October 21st, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $77.47, for a total value of $14,409.42.
• On Thursday, October 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $76.30, for a total transaction of $14,191.80.

Johnson Controls International Price Performance

Johnson Controls International stock traded down $0.33 during midday trading on Monday, reaching $80.31. The company had a trading volume of 4,021,039 shares, compared to its average volume of 4,795,351. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. Johnson Controls International plc has a 12-month low of $51.71 and a 12-month high of $87.16. The company has a market capitalization of $53.18 billion, a P/E ratio of 31.62, a P/E/G ratio of 2.31 and a beta of 1.31. The firm's fifty day simple moving average is $81.00 and its 200-day simple moving average is $74.23.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Monday, December 23rd will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.84%. The ex-dividend date of this dividend is Monday, December 23rd. Johnson Controls International's dividend payout ratio is currently 58.27%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Oppenheimer increased their price target on Johnson Controls International from $86.00 to $87.00 and gave the stock an "outperform" rating in a research report on Thursday, November 7th. Royal Bank of Canada raised their target price on Johnson Controls International from $81.00 to $86.00 and gave the stock a "sector perform" rating in a report on Thursday, November 7th. UBS Group assumed coverage on Johnson Controls International in a report on Wednesday, November 13th. They issued a "neutral" rating and a $90.00 price target for the company. Morgan Stanley started coverage on shares of Johnson Controls International in a research note on Friday, September 6th. They set an "overweight" rating and a $85.00 price objective on the stock. Finally, Robert W. Baird boosted their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a "neutral" rating in a research note on Thursday, November 7th. Ten analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $80.93.

Hedge Funds Weigh In On Johnson Controls International

A number of institutional investors and hedge funds have recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in 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 acquiring an additional 4,514,792 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its stake in shares of Johnson Controls International by 686.4% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company's stock worth $295,487,000 after acquiring an additional 3,880,146 shares in the last quarter. Point72 Asset Management L.P. raised its position in Johnson Controls International by 263.9% in the 2nd quarter. Point72 Asset Management L.P. now owns 1,341,919 shares of the company's stock valued at $89,197,000 after purchasing an additional 973,145 shares in the last quarter. Electron Capital Partners LLC lifted its stake in Johnson Controls International by 81.3% in the second quarter. Electron Capital Partners LLC now owns 1,432,335 shares of the company's stock worth $95,207,000 after acquiring an additional 642,315 shares during the last quarter. Finally, Interval Partners LP raised its stake in Johnson Controls International by 601.5% in the second quarter. Interval Partners LP now owns 676,676 shares of the company's stock valued at $44,979,000 after buying an additional 580,212 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

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.