Riposte Capital LLC Acquires New Position in Johnson Controls International plc (NYSE:JCI)

Riposte Capital LLC bought a new stake in Johnson Controls International plc (NYSE:JCI - Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 150,000 shares of the company's stock, valued at approximately $11,642,000. Johnson Controls International comprises about 1.3% of Riposte Capital LLC's investment portfolio, making the stock its 7th largest position.

Several other institutional investors have also recently added to or reduced their stakes in JCI. Royal London Asset Management Ltd. boosted its position in Johnson Controls International by 2.1% in the 3rd quarter. Royal London Asset Management Ltd. now owns 295,530 shares of the company's stock valued at $22,936,000 after buying an additional 5,990 shares during the period. Polar Asset Management Partners Inc. purchased a new position in Johnson Controls International in the 3rd quarter valued at approximately $7,171,000. IHT Wealth Management LLC purchased a new position in Johnson Controls International in the 3rd quarter valued at approximately $239,000. Investment Management Corp of Ontario boosted its position in Johnson Controls International by 47.5% in the 3rd quarter. Investment Management Corp of Ontario now owns 22,349 shares of the company's stock valued at $1,735,000 after buying an additional 7,200 shares during the period. Finally, Janus Henderson Group PLC boosted its position in Johnson Controls International by 4.0% in the 3rd quarter. Janus Henderson Group PLC now owns 124,366 shares of the company's stock valued at $9,651,000 after buying an additional 4,777 shares during the period. Institutional investors and hedge funds own 90.05% of the company's stock.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock traded up $0.07 on Thursday, reaching $83.86. 984,803 shares of the stock were exchanged, compared to its average volume of 4,827,475. Johnson Controls International plc has a 1-year low of $51.70 and a 1-year high of $87.16. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. The business has a fifty day moving average price of $79.63 and a two-hundred day moving average price of $73.37. The firm has a market capitalization of $55.53 billion, a PE ratio of 32.84, a PEG ratio of 2.30 and a beta of 1.31.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $1.48 annualized dividend and a yield of 1.76%. Johnson Controls International's payout ratio is currently 58.27%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on JCI shares. Barclays raised 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. UBS Group started coverage on shares of Johnson Controls International in a research report on Wednesday, November 13th. They set a "neutral" rating and a $90.00 price objective for the company. Robert W. Baird lifted their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a "neutral" rating in a research report on Thursday, November 7th. Mizuho boosted 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 report on Thursday, October 17th. Finally, Oppenheimer boosted their price target on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an "outperform" rating in a research report on Thursday, November 7th. Twelve analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Johnson Controls International presently has a consensus rating of "Hold" and a consensus target price of $78.57.

Insiders Place Their Bets

In other Johnson Controls International news, COO Nathan D. Manning sold 3,000 shares of the company's stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total value of $231,240.00. Following the sale, the chief operating officer now owns 140,488 shares of the company's stock, valued at $10,828,815.04. This represents a 2.09 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO George Oliver sold 110,615 shares of the company's stock in a transaction dated 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 directly owns 1,243,751 shares in the company, valued at $90,383,385.17. This trade represents a 8.17 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 740,662 shares of company stock worth $59,869,133. 0.69% of the stock is owned by company insiders.

Johnson Controls International 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.