MQS Management LLC Acquires Shares of 6,732 Johnson Controls International plc (NYSE:JCI)

MQS Management LLC acquired a new stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,732 shares of the company's stock, valued at approximately $522,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Fortitude Family Office LLC lifted its position in shares of Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company's stock worth $33,000 after acquiring an additional 278 shares in the last quarter. Continuum Advisory LLC lifted its position in shares of Johnson Controls International by 65.2% during the second quarter. Continuum Advisory LLC now owns 527 shares of the company's stock worth $35,000 after acquiring an additional 208 shares in the last quarter. Wolff Wiese Magana LLC lifted its position in shares of Johnson Controls International by 977.3% during the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company's stock worth $37,000 after acquiring an additional 430 shares in the last quarter. Western Pacific Wealth Management LP purchased a new stake in shares of Johnson Controls International during the third quarter worth $44,000. Finally, Hexagon Capital Partners LLC lifted its position in shares of Johnson Controls International by 39.7% during the second quarter. Hexagon Capital Partners LLC now owns 711 shares of the company's stock worth $47,000 after acquiring an additional 202 shares in the last quarter. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Trading Down 0.7 %

Shares of NYSE:JCI traded down $0.59 on Thursday, reaching $85.12. 3,545,167 shares of the company traded hands, compared to its average volume of 4,932,619. The business's 50-day simple moving average is $76.20 and its 200 day simple moving average is $71.42. Johnson Controls International plc has a 52 week low of $51.40 and a 52 week high of $87.16. The stock has a market capitalization of $56.86 billion, a P/E ratio of 33.74, a price-to-earnings-growth 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.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were paid a dividend of $0.37 per share. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.74%. Johnson Controls International's dividend payout ratio (DPR) is currently 58.27%.

Analysts Set New Price Targets

JCI has been the topic of a number of recent analyst reports. Mizuho increased their price objective on Johnson Controls International from $62.00 to $75.00 and gave the stock a "neutral" rating in a research report on Thursday, October 17th. Morgan Stanley initiated coverage on Johnson Controls International in a research report on Friday, September 6th. They issued an "overweight" rating and a $85.00 price objective on the stock. Wells Fargo & Company increased their price objective on Johnson Controls International from $84.00 to $90.00 and gave the stock an "overweight" rating in a research report on Thursday, November 7th. UBS Group initiated coverage on Johnson Controls International in a research report on Wednesday. They issued a "neutral" rating and a $90.00 price objective on the stock. Finally, Royal Bank of Canada increased their price objective on Johnson Controls International from $81.00 to $86.00 and gave the stock a "sector perform" rating in a research report on Thursday, November 7th. Twelve analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $77.21.

Insider Activity

In related news, COO Nathan D. Manning sold 3,000 shares of the firm's stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total value of $231,240.00. Following the sale, the chief operating officer now directly owns 140,488 shares of the company's stock, valued at $10,828,815.04. This trade represents a 2.09 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO George Oliver sold 110,615 shares of the firm's stock in a transaction dated Monday, September 16th. The stock was 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 directly owns 1,243,751 shares in the company, valued at $90,383,385.17. The trade was a 8.17 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 226,141 shares of company stock valued at $16,904,519. 0.69% of the stock is currently owned by 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.