Radnor Capital Management LLC Cuts Position in Johnson Controls International plc (NYSE:JCI)

Radnor Capital Management LLC cut its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 18.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 24,375 shares of the company's stock after selling 5,698 shares during the period. Radnor Capital Management LLC's holdings in Johnson Controls International were worth $1,924,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Johnson Controls International by 514.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company's stock valued at $418,439,000 after acquiring an additional 4,514,792 shares during the period. Barrow Hanley Mewhinney & Strauss LLC boosted its position in Johnson Controls International by 686.4% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company's stock valued at $295,487,000 after purchasing an additional 3,880,146 shares in the last quarter. Point72 Asset Management L.P. grew its stake in Johnson Controls International by 263.9% in the second quarter. Point72 Asset Management L.P. now owns 1,341,919 shares of the company's stock valued at $89,197,000 after purchasing an additional 973,145 shares during the last quarter. Electron Capital Partners LLC raised its holdings in Johnson Controls International by 81.3% in the second quarter. Electron Capital Partners LLC now owns 1,432,335 shares of the company's stock worth $95,207,000 after purchasing an additional 642,315 shares in the last quarter. Finally, Interval Partners LP lifted its position in shares of Johnson Controls International by 601.5% during the second quarter. Interval Partners LP now owns 676,676 shares of the company's stock valued at $44,979,000 after buying an additional 580,212 shares during the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 224,152 shares of the company's stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total value of $18,541,853.44. Following the sale, the chief executive officer now owns 1,166,992 shares in the company, valued at approximately $96,533,578.24. This represents a 16.11 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Marlon Sullivan sold 7,230 shares of the firm's stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the sale, the executive vice president now directly owns 32,246 shares in the company, valued at $2,687,704.10. The trade was a 18.31 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 647,973 shares of company stock worth $53,986,862. Insiders own 0.69% of the company's stock.

Analyst Upgrades and Downgrades

JCI has been the topic of a number of analyst reports. UBS Group started coverage on shares of Johnson Controls International in a research report on Wednesday, November 13th. They issued a "neutral" rating and a $90.00 price objective on the stock. JPMorgan Chase & Co. cut their price target on shares of Johnson Controls International from $88.00 to $87.00 and set an "overweight" rating on the stock in a report on Wednesday. Oppenheimer increased their price objective on Johnson Controls International from $86.00 to $87.00 and gave the company an "outperform" rating in a report on Thursday, November 7th. Wells Fargo & Company dropped their target price on Johnson Controls International from $95.00 to $92.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 7th. Finally, Citigroup decreased their price target on Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating for the company in a research note on Monday. Ten analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Based on data from MarketBeat, Johnson Controls International currently has an average rating of "Hold" and an average target price of $82.53.

Johnson Controls International Stock Performance

Shares of NYSE:JCI traded down $0.78 during midday trading on Wednesday, reaching $79.43. The company's stock had a trading volume of 5,092,537 shares, compared to its average volume of 2,680,526. 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 fifty day moving average of $82.10 and a 200 day moving average of $75.52. Johnson Controls International plc has a twelve month low of $51.71 and a twelve month high of $87.16. The firm has a market capitalization of $52.60 billion, a PE ratio of 31.27, a P/E/G ratio of 2.31 and a beta of 1.32.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Monday, December 23rd will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.86%. The ex-dividend date of this dividend is Monday, December 23rd. Johnson Controls International's dividend payout ratio is currently 58.27%.

About Johnson Controls International

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.