Natixis Advisors LLC grew its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 3.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 860,417 shares of the company's stock after purchasing an additional 30,835 shares during the quarter. Natixis Advisors LLC owned approximately 0.13% of Johnson Controls International worth $66,777,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also made changes to their positions in JCI. Mizuho Securities USA LLC increased its position in Johnson Controls International by 255.2% in the third quarter. Mizuho Securities USA LLC now owns 184,494 shares of the company's stock worth $14,319,000 after buying an additional 132,547 shares during the period. CIBC Asset Management Inc increased its holdings in shares of Johnson Controls International by 6.8% in the 3rd quarter. CIBC Asset Management Inc now owns 117,328 shares of the company's stock worth $9,106,000 after acquiring an additional 7,433 shares during the period. OneDigital Investment Advisors LLC lifted its position in Johnson Controls International by 5.9% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,964 shares of the company's stock valued at $540,000 after purchasing an additional 390 shares during the last quarter. Oak Harbor Wealth Partners LLC boosted its stake in Johnson Controls International by 3.2% during the 3rd quarter. Oak Harbor Wealth Partners LLC now owns 17,773 shares of the company's stock valued at $1,379,000 after purchasing an additional 546 shares during the period. Finally, Tokio Marine Asset Management Co. Ltd. grew its position in Johnson Controls International by 7.4% in the 3rd quarter. Tokio Marine Asset Management Co. Ltd. now owns 18,595 shares of the company's stock worth $1,443,000 after purchasing an additional 1,282 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.
Johnson Controls International Price Performance
Shares of NYSE JCI traded down $0.74 during trading on Friday, reaching $84.40. The company had a trading volume of 3,143,791 shares, compared to its average volume of 3,951,462. Johnson Controls International plc has a 52 week low of $51.40 and a 52 week high of $87.16. The business's 50 day moving average price is $76.84 and its 200-day moving average price is $71.69. The stock has a market cap of $56.38 billion, a PE ratio of 33.23, a PEG ratio of 2.36 and a beta of 1.29. 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 Dividend Announcement
The company also recently disclosed 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 annualized dividend and a yield of 1.75%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International's dividend payout ratio is 58.27%.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on JCI. Wells Fargo & Company lifted their price target on Johnson Controls International from $84.00 to $90.00 and gave the company an "overweight" rating in a report on Thursday, November 7th. 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 note on Thursday, November 7th. The Goldman Sachs Group raised their price target on Johnson Controls International from $73.00 to $81.00 and gave the company a "buy" rating in a report on Friday, August 2nd. UBS Group started coverage on Johnson Controls International in a report on Wednesday. They set a "neutral" rating and a $90.00 target price on the stock. Finally, Morgan Stanley started coverage on Johnson Controls International in a report on Friday, September 6th. They set an "overweight" rating and a $85.00 target price on the stock. Twelve investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $77.21.
Check Out Our Latest Stock Report on JCI
Insider Buying and Selling at Johnson Controls International
In other Johnson Controls International news, COO Nathan D. Manning sold 3,000 shares of the company's stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total transaction of $231,240.00. Following the completion of the sale, the chief operating officer now owns 140,488 shares in the company, valued at approximately $10,828,815.04. The trade was a 2.09 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO George Oliver sold 110,615 shares of the company's stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $72.67, for a total value of $8,038,392.05. Following the completion of the sale, the chief executive officer now owns 1,243,751 shares of the company's stock, valued at $90,383,385.17. This represents a 8.17 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 226,141 shares of company stock worth $16,904,519. Insiders own 0.69% of the company's stock.
About Johnson Controls International
(
Free Report)
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.
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