Landscape Capital Management L.L.C. grew its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 89.5% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 19,969 shares of the company's stock after buying an additional 9,429 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in Johnson Controls International were worth $1,550,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its stake in Johnson Controls International by 8.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,855,075 shares of the company's stock worth $389,214,000 after buying an additional 479,548 shares in the last quarter. Raymond James & Associates boosted its position in Johnson Controls International by 5.6% during the third quarter. Raymond James & Associates now owns 4,735,147 shares of the company's stock worth $367,495,000 after acquiring an additional 249,405 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in Johnson Controls International by 686.4% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company's stock valued at $295,487,000 after acquiring an additional 3,880,146 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of Johnson Controls International by 2.5% during the 2nd quarter. Envestnet Asset Management Inc. now owns 2,401,984 shares of the company's stock worth $159,660,000 after purchasing an additional 59,274 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its position in shares of Johnson Controls International by 2.0% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,120,275 shares of the company's stock valued at $140,935,000 after purchasing an additional 42,106 shares in the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Johnson Controls International
In other news, CEO George Oliver sold 110,615 shares of the firm's stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $76.79, for a total value of $8,494,125.85. Following the completion of the sale, the chief executive officer now owns 1,243,751 shares in the company, valued at approximately $95,507,639.29. This trade represents a 8.17 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Nathan D. Manning sold 1,167 shares of the business's stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total value of $84,899.25. Following the transaction, the chief operating officer now owns 143,488 shares in the company, valued at $10,438,752. The trade was a 0.81 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 561,095 shares of company stock worth $44,820,037 over the last ninety days. Corporate insiders own 0.69% of the company's stock.
Analysts Set New Price Targets
JCI has been the subject of several analyst reports. Wells Fargo & Company upped their target price on Johnson Controls International from $84.00 to $90.00 and gave the company an "overweight" rating in a report on Thursday, November 7th. The Goldman Sachs Group lifted their target price on shares of Johnson Controls International from $73.00 to $81.00 and gave the stock a "buy" rating in a research note on Friday, August 2nd. UBS Group started coverage on shares of Johnson Controls International in a research report on Wednesday, November 13th. They set a "neutral" rating and a $90.00 price target on the stock. Oppenheimer raised their target price 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. Finally, StockNews.com lowered Johnson Controls International from a "buy" rating to a "hold" rating in a research note on Wednesday. Twelve equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $77.21.
Get Our Latest Stock Report on Johnson Controls International
Johnson Controls International Stock Down 0.6 %
Johnson Controls International stock traded down $0.54 during trading on Friday, reaching $83.45. The stock had a trading volume of 3,552,574 shares, compared to its average volume of 4,891,573. Johnson Controls International plc has a 52-week low of $51.70 and a 52-week high of $87.16. The business has a 50 day moving average price of $78.13 and a 200 day moving average price of $72.38. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The stock has a market cap of $55.75 billion, a PE ratio of 32.85, a P/E/G ratio of 2.33 and a beta of 1.29.
Johnson Controls International Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International's dividend payout ratio is presently 58.27%.
Johnson Controls International Company Profile
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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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