Blue Trust Inc. Raises Position in Johnson Controls International plc (NYSE:JCI)

Blue Trust Inc. lifted its position in Johnson Controls International plc (NYSE:JCI) by 14.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 10,150 shares of the company’s stock after buying an additional 1,275 shares during the period. Blue Trust Inc.’s holdings in Johnson Controls International were worth $788,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in Johnson Controls International in the 4th quarter worth $1,402,000. Harrell Investment Partners LLC increased its position in Johnson Controls International by 10.3% in the fourth quarter. Harrell Investment Partners LLC now owns 46,107 shares of the company’s stock worth $3,639,000 after buying an additional 4,301 shares in the last quarter. Insight Inv LLC raised its stake in shares of Johnson Controls International by 3.2% in the fourth quarter. Insight Inv LLC now owns 18,800 shares of the company’s stock worth $1,484,000 after buying an additional 590 shares during the period. Grimes & Company Inc. lifted its position in shares of Johnson Controls International by 8.2% during the 4th quarter. Grimes & Company Inc. now owns 3,393 shares of the company’s stock valued at $268,000 after buying an additional 256 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in shares of Johnson Controls International by 1.1% during the 4th quarter. Geneos Wealth Management Inc. now owns 76,019 shares of the company’s stock valued at $6,000,000 after acquiring an additional 830 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insider Buying and Selling

In other Johnson Controls International news, CEO George Oliver sold 224,152 shares of the firm’s stock in a transaction 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 completion of the sale, the chief executive officer now directly owns 1,166,992 shares of the company’s stock, valued at $96,533,578.24. This trade represents a 16.11 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Marlon Sullivan sold 7,230 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the transaction, the executive vice president now directly owns 32,246 shares in the company, valued at approximately $2,687,704.10. The trade was a 18.31 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 647,787 shares of company stock worth $53,972,452. 0.69% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on JCI shares. Melius Research restated a “hold” rating and set a $95.00 price objective on shares of Johnson Controls International in a research report on Tuesday. StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Melius cut Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price for the company. in a research report on Tuesday. Barclays boosted their price target on Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Finally, Citigroup cut their price objective on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a report on Monday, January 13th. Eleven equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $84.00.

Johnson Controls International Trading Up 0.3 %

Shares of Johnson Controls International stock opened at $76.37 on Thursday. The firm has a 50-day simple moving average of $81.34 and a two-hundred day simple moving average of $76.44. 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 plc has a fifty-two week low of $52.02 and a fifty-two week high of $87.16. The company has a market cap of $50.41 billion, a P/E ratio of 30.06, a price-to-earnings-growth ratio of 2.35 and a beta of 1.32.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend 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.