Los Angeles Capital Management LLC Has $3.84 Million Stock Holdings in Johnson Controls International plc (NYSE:JCI)

Los Angeles Capital Management LLC raised its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 1,350.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 49,498 shares of the company's stock after purchasing an additional 46,085 shares during the quarter. Los Angeles Capital Management LLC's holdings in Johnson Controls International were worth $3,842,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of JCI. Summit Trail Advisors LLC lifted its holdings in Johnson Controls International by 4.6% in the 2nd quarter. Summit Trail Advisors LLC now owns 3,715 shares of the company's stock worth $248,000 after purchasing an additional 163 shares during the last quarter. Miracle Mile Advisors LLC boosted its position in shares of Johnson Controls International by 1.0% during the third quarter. Miracle Mile Advisors LLC now owns 17,011 shares of the company's stock worth $1,320,000 after buying an additional 163 shares during the period. Berry Wealth Group LP grew its position in shares of Johnson Controls International by 0.7% in the 3rd quarter. Berry Wealth Group LP now owns 25,978 shares of the company's stock valued at $2,016,000 after acquiring an additional 177 shares during the period. Center for Financial Planning Inc. boosted its holdings in shares of Johnson Controls International by 5.7% during the second quarter. Center for Financial Planning Inc. now owns 3,485 shares of the company's stock worth $232,000 after acquiring an additional 187 shares during the period. Finally, Wedmont Private Capital lifted its position in shares of Johnson Controls International by 3.1% during the 2nd quarter. Wedmont Private Capital now owns 6,440 shares of the company's stock valued at $451,000 after acquiring an additional 192 shares during the period. Institutional investors and hedge funds own 90.05% of the company's stock.

Analyst Ratings Changes

Several research analysts recently issued reports on JCI shares. UBS Group initiated coverage on shares of Johnson Controls International in a research note on Wednesday. They set a "neutral" rating and a $90.00 target price on the stock. Robert W. Baird lifted their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a "neutral" rating in a research note on Thursday, November 7th. Royal Bank of Canada boosted 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. Wells Fargo & Company lifted their price target on shares of Johnson Controls International from $84.00 to $90.00 and gave the company an "overweight" rating in a report on Thursday, November 7th. Finally, Barclays raised their price target on Johnson Controls International from $62.00 to $64.00 and gave the stock an "equal weight" rating in a research report on Wednesday, October 2nd. Twelve investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $77.21.

Insider Activity at Johnson Controls International

In related news, COO Nathan D. Manning sold 1,167 shares of the company's stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total transaction of $84,899.25. Following the completion of the sale, the chief operating officer now directly owns 143,488 shares of the company's stock, valued at approximately $10,438,752. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total transaction of $84,899.25. Following the completion of the sale, the chief operating officer now directly owns 143,488 shares in the company, valued at $10,438,752. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO George Oliver sold 110,615 shares of the company's stock in a transaction on Monday, September 16th. The stock was sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the sale, the chief executive officer now directly owns 1,243,751 shares of the company's stock, valued at approximately $90,383,385.17. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 226,141 shares of company stock worth $16,904,519 in the last 90 days. 0.69% of the stock is owned by insiders.

Johnson Controls International Trading Up 0.6 %

Shares of NYSE JCI traded up $0.55 during trading hours on Wednesday, reaching $85.71. The stock had a trading volume of 3,444,415 shares, compared to its average volume of 4,938,930. The firm has a market cap of $57.26 billion, a price-to-earnings ratio of 33.86, a P/E/G ratio of 2.38 and a beta of 1.29. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. The business's fifty day moving average price is $75.88 and its two-hundred day moving average price is $71.32. Johnson Controls International plc has a 52-week low of $51.33 and a 52-week high of $87.16.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.73%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International's dividend payout ratio (DPR) is 58.27%.

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.