Banque Cantonale Vaudoise Sells 36,031 Shares of Johnson Controls International plc (NYSE:JCI)

Banque Cantonale Vaudoise trimmed its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 76.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,165 shares of the company's stock after selling 36,031 shares during the period. Banque Cantonale Vaudoise's holdings in Johnson Controls International were worth $867,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Fifth Third Wealth Advisors LLC boosted its position in Johnson Controls International by 16.3% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 8,828 shares of the company's stock worth $685,000 after acquiring an additional 1,239 shares during the last quarter. Pathstone Holdings LLC lifted its position in shares of Johnson Controls International by 2.4% in the third quarter. Pathstone Holdings LLC now owns 61,247 shares of the company's stock worth $4,754,000 after purchasing an additional 1,411 shares in the last quarter. Baron Wealth Management LLC acquired a new position in Johnson Controls International during the third quarter worth $219,000. Thrivent Financial for Lutherans grew its position in Johnson Controls International by 15.1% in the third quarter. Thrivent Financial for Lutherans now owns 39,279 shares of the company's stock valued at $3,049,000 after purchasing an additional 5,152 shares in the last quarter. Finally, Maxwell Wealth Strategies Inc. boosted its stake in shares of Johnson Controls International by 34.5% during the 3rd quarter. Maxwell Wealth Strategies Inc. now owns 15,543 shares of the company's stock worth $1,164,000 after buying an additional 3,984 shares during the last quarter. 90.05% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Barclays lifted their target price on Johnson Controls International from $62.00 to $64.00 and gave the company an "equal weight" rating in a research report on Wednesday, October 2nd. Morgan Stanley initiated coverage on Johnson Controls International in a report on Friday, September 6th. They issued an "overweight" rating and a $85.00 price objective for the company. Robert W. Baird boosted their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a "neutral" rating in a report on Thursday, November 7th. UBS Group assumed coverage on shares of Johnson Controls International in a research note on Wednesday, November 13th. They issued a "neutral" rating and a $90.00 price target for the company. Finally, Wells Fargo & Company upped their target price 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. Twelve equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat, Johnson Controls International currently has an average rating of "Hold" and a consensus price target of $77.21.

Johnson Controls International Stock Performance

NYSE:JCI traded down $0.54 during mid-day trading on Friday, reaching $83.45. 3,552,574 shares of the company's stock were exchanged, compared to its average volume of 4,891,573. Johnson Controls International plc has a one year low of $51.70 and a one year high of $87.16. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. The business's fifty day simple moving average is $78.13 and its two-hundred day simple moving average is $72.38. The firm has a market capitalization of $55.75 billion, a PE ratio of 32.85, a price-to-earnings-growth ratio of 2.33 and a beta of 1.29.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were issued a $0.37 dividend. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $1.48 annualized dividend and a yield of 1.77%. Johnson Controls International's dividend payout ratio is presently 58.27%.

Insider Activity

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 transaction, the chief operating officer now owns 140,488 shares in the company, valued at approximately $10,828,815.04. This trade represents a 2.09 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO George Oliver sold 224,152 shares of the company's stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total value of $18,541,853.44. Following the sale, the chief executive officer now owns 1,166,992 shares of the company's stock, valued at approximately $96,533,578.24. This represents a 16.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 561,095 shares of company stock worth $44,820,037. 0.69% of the stock is currently owned by company insiders.

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.