Johnson Controls International plc (NYSE:JCI) Shares Bought by Royal London Asset Management Ltd.

Royal London Asset Management Ltd. increased its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 2.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 295,530 shares of the company's stock after buying an additional 5,990 shares during the quarter. Royal London Asset Management Ltd.'s holdings in Johnson Controls International were worth $22,936,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of JCI. Metis Global Partners LLC raised its holdings in shares of Johnson Controls International by 0.4% during the third quarter. Metis Global Partners LLC now owns 28,446 shares of the company's stock worth $2,208,000 after purchasing an additional 127 shares during the last quarter. Brooklyn Investment Group grew its position in Johnson Controls International by 3.5% during the 3rd quarter. Brooklyn Investment Group now owns 4,309 shares of the company's stock worth $334,000 after purchasing an additional 144 shares during the period. Summit Trail Advisors LLC raised its stake in shares of Johnson Controls International by 4.6% during the 2nd quarter. Summit Trail Advisors LLC now owns 3,715 shares of the company's stock valued at $248,000 after buying an additional 163 shares during the last quarter. Miracle Mile Advisors LLC lifted its holdings in shares of Johnson Controls International by 1.0% in the 3rd quarter. Miracle Mile Advisors LLC now owns 17,011 shares of the company's stock valued at $1,320,000 after buying an additional 163 shares during the period. Finally, Berry Wealth Group LP boosted its stake in shares of Johnson Controls International by 0.7% in the third quarter. Berry Wealth Group LP now owns 25,978 shares of the company's stock worth $2,016,000 after buying an additional 177 shares during the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Johnson Controls International Price Performance

JCI stock traded up $1.25 during midday trading on Friday, reaching $84.34. The stock had a trading volume of 4,223,078 shares, compared to its average volume of 3,454,579. Johnson Controls International plc has a 52-week low of $51.70 and a 52-week high of $87.16. 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 company's fifty day simple moving average is $79.77 and its 200 day simple moving average is $73.44. The company has a market cap of $55.85 billion, a price-to-earnings ratio of 33.20, a price-to-earnings-growth ratio of 2.34 and a beta of 1.31.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Monday, December 23rd will be given a dividend of $0.37 per share. The ex-dividend date is Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.75%. Johnson Controls International's payout ratio is presently 58.27%.

Analysts Set New Price Targets

Several brokerages 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 research report on Thursday, November 7th. Royal Bank of Canada boosted their target price on shares of Johnson Controls International from $81.00 to $86.00 and gave the company a "sector perform" rating in a research note on Thursday, November 7th. Morgan Stanley initiated coverage on shares of Johnson Controls International in a report on Friday, September 6th. They set an "overweight" rating and a $85.00 price target on the stock. Robert W. Baird lifted their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a "neutral" rating in a report on Thursday, November 7th. Finally, Barclays increased their target price on shares of Johnson Controls International from $75.00 to $83.00 and gave the stock an "equal weight" rating in a research note on Thursday. Twelve research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $78.57.

Insider Buying and Selling

In other Johnson Controls International news, CEO George Oliver sold 10,304 shares of the firm's stock in a transaction on Monday, November 25th. The stock was sold at an average price of $84.14, for a total value of $866,978.56. Following the completion of the sale, the chief executive officer now directly owns 1,166,992 shares of the company's stock, valued at $98,190,706.88. This trade represents a 0.88 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Nathan D. Manning sold 3,000 shares of the business's stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total transaction of $231,240.00. Following the transaction, the chief operating officer now directly 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 740,662 shares of company stock worth $59,869,133. 0.69% of the stock is owned by insiders.

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.