Johnson Controls International plc (NYSE:JCI) Shares Purchased by Pacer Advisors Inc.

Pacer Advisors Inc. increased its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 14.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 70,532 shares of the company's stock after purchasing an additional 8,860 shares during the quarter. Pacer Advisors Inc.'s holdings in Johnson Controls International were worth $5,567,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of JCI. Blue Trust Inc. lifted its holdings in Johnson Controls International by 14.4% during the fourth quarter. Blue Trust Inc. now owns 10,150 shares of the company's stock valued at $788,000 after purchasing an additional 1,275 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of Johnson Controls International in the fourth quarter valued at about $1,402,000. Harrell Investment Partners LLC lifted its stake in Johnson Controls International by 10.3% in the 4th quarter. Harrell Investment Partners LLC now owns 46,107 shares of the company's stock worth $3,639,000 after purchasing an additional 4,301 shares in the last quarter. Insight Inv LLC boosted its holdings in shares of Johnson Controls International by 3.2% during the 4th quarter. Insight Inv LLC now owns 18,800 shares of the company's stock worth $1,484,000 after purchasing an additional 590 shares during the last quarter. Finally, Grimes & Company Inc. grew its position in shares of Johnson Controls International by 8.2% in the fourth quarter. Grimes & Company Inc. now owns 3,393 shares of the company's stock valued at $268,000 after purchasing an additional 256 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 related news, EVP Marlon Sullivan sold 7,230 shares of the company's stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total value of $602,620.50. Following the completion of the sale, the executive vice president now directly owns 32,246 shares of the company's stock, valued at $2,687,704.10. This represents a 18.31 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO George Oliver sold 224,152 shares of Johnson Controls International stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the completion of the transaction, the chief executive officer now directly owns 1,166,992 shares in the company, valued at $96,533,578.24. The trade was a 16.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 647,787 shares of company stock worth $53,972,452 over the last ninety days. Corporate insiders own 0.69% of the company's stock.

Analyst Ratings Changes

Several brokerages have issued reports on JCI. Robert W. Baird upped their target price on Johnson Controls International from $80.00 to $85.00 and gave the company a "neutral" rating in a report on Thursday, November 7th. Mizuho increased their price target on shares of Johnson Controls International from $62.00 to $75.00 and gave the company a "neutral" rating in a research note on Thursday, October 17th. Barclays lifted their price target on shares of Johnson Controls International from $75.00 to $83.00 and gave the company an "equal weight" rating in a research report on Thursday, December 5th. Royal Bank of Canada raised their target price on Johnson Controls International from $81.00 to $86.00 and gave the stock a "sector perform" rating in a research note on Thursday, November 7th. Finally, Oppenheimer increased their price target on Johnson Controls International from $86.00 to $87.00 and gave the stock an "outperform" rating in a report on Thursday, November 7th. Eleven investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. According to data from MarketBeat, Johnson Controls International presently has an average rating of "Hold" and an average price target of $84.00.

Johnson Controls International Stock Up 2.5 %

Shares of NYSE:JCI traded up $1.88 during trading hours on Thursday, reaching $78.16. The stock had a trading volume of 5,230,742 shares, compared to its average volume of 3,951,383. Johnson Controls International plc has a 1 year low of $52.02 and a 1 year high of $87.16. The firm's 50 day moving average is $81.20 and its 200-day moving average is $76.44. The stock has a market capitalization of $51.60 billion, a price-to-earnings ratio of 30.77, a P/E/G ratio of 2.35 and a beta of 1.32. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.89%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International's dividend payout ratio (DPR) is presently 58.27%.

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.