National Bank of Canada FI Sells 432,523 Shares of Johnson Controls International plc (NYSE:JCI)

National Bank of Canada FI reduced its position in Johnson Controls International plc (NYSE:JCI - Free Report) by 25.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,293,426 shares of the company's stock after selling 432,523 shares during the quarter. National Bank of Canada FI owned approximately 0.19% of Johnson Controls International worth $100,383,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Fortitude Family Office LLC boosted its stake in Johnson Controls International by 195.8% in the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company's stock valued at $33,000 after buying an additional 278 shares in the last quarter. Wolff Wiese Magana LLC grew its position in Johnson Controls International by 977.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company's stock worth $37,000 after acquiring an additional 430 shares during the last quarter. Continuum Advisory LLC boosted its stake in Johnson Controls International by 65.2% in the second quarter. Continuum Advisory LLC now owns 527 shares of the company's stock worth $35,000 after purchasing an additional 208 shares in the last quarter. Western Pacific Wealth Management LP acquired a new position in Johnson Controls International during the 3rd quarter worth about $44,000. Finally, Friedenthal Financial acquired a new stake in Johnson Controls International in the 2nd quarter valued at about $47,000. Institutional investors own 90.05% of the company's stock.

Insider Buying and Selling at Johnson Controls International

In other news, CEO George Oliver sold 110,615 shares of the business's stock in a transaction that occurred on 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 transaction, the chief executive officer now directly owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. The trade was a 8.17 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Nathan D. Manning sold 3,000 shares of the firm's stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total value of $231,240.00. Following the completion of the sale, the chief operating officer now directly owns 140,488 shares in the company, valued at approximately $10,828,815.04. This represents a 2.09 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 740,662 shares of company stock valued at $59,869,133 in the last ninety days. 0.69% of the stock is currently owned by corporate insiders.

Johnson Controls International Stock Performance

Johnson Controls International stock traded up $1.25 during mid-day trading on Friday, hitting $84.34. 4,223,078 shares of the company's stock traded hands, compared to its average volume of 3,395,998. Johnson Controls International plc has a fifty-two week low of $51.70 and a fifty-two week high of $87.16. The stock has a market cap of $55.85 billion, a price-to-earnings ratio of 33.20, a P/E/G ratio of 2.35 and a beta of 1.31. The firm has a 50 day simple moving average of $79.91 and a two-hundred day simple moving average of $73.54. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79.

Johnson Controls International Announces Dividend

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

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Royal Bank of Canada upped 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 report on Thursday, November 7th. Mizuho raised their price objective on Johnson Controls International from $62.00 to $75.00 and gave the stock a "neutral" rating in a research note on Thursday, October 17th. Wells Fargo & Company upped their price target 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. Bank of America boosted their price target on Johnson Controls International from $80.00 to $95.00 and gave the company a "buy" rating in a report on Friday, September 27th. Finally, Robert W. Baird increased their price objective on Johnson Controls International from $80.00 to $85.00 and gave the stock a "neutral" rating in a report on Thursday, November 7th. Twelve research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $78.57.

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.