Quantinno Capital Management LP Acquires 12,512 Shares of Johnson Controls International plc (NYSE:JCI)

Quantinno Capital Management LP boosted its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 50.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 37,125 shares of the company's stock after buying an additional 12,512 shares during the period. Quantinno Capital Management LP's holdings in Johnson Controls International were worth $2,881,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of JCI. International Assets Investment Management LLC bought a new position in Johnson Controls International during the third quarter worth $7,692,000. CIBC Asset Management Inc raised its position in shares of Johnson Controls International by 6.8% during the third quarter. CIBC Asset Management Inc now owns 117,328 shares of the company's stock valued at $9,106,000 after buying an additional 7,433 shares during the last quarter. Cerity Partners LLC increased its stake in Johnson Controls International by 35.9% during the third quarter. Cerity Partners LLC now owns 56,493 shares of the company's stock valued at $4,385,000 after acquiring an additional 14,925 shares during the period. Nwam LLC acquired a new position in shares of Johnson Controls International in the third quarter valued at $701,000. Finally, CWC Advisors LLC. acquired a new stake in Johnson Controls International during the third quarter worth $892,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

JCI has been the subject of several analyst reports. 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 report on Thursday, November 7th. Morgan Stanley began coverage on Johnson Controls International in a report on Friday, September 6th. They set an "overweight" rating and a $85.00 price objective for the company. Royal Bank of Canada upped their target price on shares of Johnson Controls International from $81.00 to $86.00 and gave the stock a "sector perform" rating in a report on Thursday, November 7th. Wells Fargo & Company lifted 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. Finally, Robert W. Baird raised their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a "neutral" rating in a report on Thursday, November 7th. Twelve investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $78.57.

Insider Buying and Selling at Johnson Controls International

In other news, COO Nathan D. Manning sold 3,000 shares of the business'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 transaction, the chief operating officer now owns 140,488 shares of the company's stock, valued at $10,828,815.04. The trade was a 2.09 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO George Oliver sold 110,615 shares of the company's stock in a transaction on Monday, September 16th. The shares were sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the completion of the sale, the chief executive officer now owns 1,243,751 shares of the company's stock, valued at approximately $90,383,385.17. This represents a 8.17 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 740,662 shares of company stock worth $59,869,133. Insiders own 0.69% of the company's stock.

Johnson Controls International Trading Down 1.0 %

Johnson Controls International stock traded down $0.85 during trading hours on Tuesday, reaching $83.07. 1,526,028 shares of the company's stock traded hands, compared to its average volume of 4,821,617. Johnson Controls International plc has a fifty-two week low of $51.70 and a fifty-two week high of $87.16. The firm's 50 day moving average is $80.04 and its 200-day moving average is $73.61. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. The firm has a market capitalization of $55.01 billion, a price-to-earnings ratio of 33.05, a PEG ratio of 2.35 and a beta of 1.31.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Monday, December 23rd will be paid a $0.37 dividend. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.78%. Johnson Controls International's payout ratio 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.