Whipplewood Advisors LLC bought a new stake in Johnson Controls International plc (NYSE:JCI – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 1,305 shares of the company’s stock, valued at approximately $103,000.
A number of other institutional investors have also recently added to or reduced their stakes in JCI. Compass Financial Services Inc acquired a new stake in Johnson Controls International in the fourth quarter valued at approximately $26,000. Fortitude Family Office LLC lifted its stake in Johnson Controls International by 195.8% in the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after acquiring an additional 278 shares during the last quarter. Synergy Asset Management LLC acquired a new stake in Johnson Controls International in the fourth quarter valued at approximately $42,000. ST Germain D J Co. Inc. lifted its stake in shares of Johnson Controls International by 32.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after buying an additional 134 shares during the last quarter. Finally, Western Pacific Wealth Management LP acquired a new stake in shares of Johnson Controls International in the third quarter worth $44,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.
Johnson Controls International Trading Down 0.8 %
Shares of Johnson Controls International stock opened at $84.24 on Friday. The firm has a market capitalization of $55.61 billion, a PE ratio of 32.15, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The company’s fifty day moving average price is $82.33 and its two-hundred day moving average price is $78.86. Johnson Controls International plc has a 52-week low of $59.05 and a 52-week high of $91.14.
Johnson Controls International Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.
Insider Buying and Selling at Johnson Controls International
In other news, VP Daniel C. Mcconeghy sold 1,950 shares of the company’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the sale, the vice president now owns 24,803 shares of the company’s stock, valued at approximately $2,175,967.19. This represents a 7.29 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO George Oliver sold 124,497 shares of the company’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $82.67, for a total transaction of $10,292,166.99. Following the completion of the sale, the chief executive officer now directly owns 1,267,716 shares in the company, valued at approximately $104,802,081.72. The trade was a 8.94 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 837,963 shares of company stock valued at $72,883,012 in the last 90 days. 0.54% of the stock is currently owned by company insiders.
Analyst Upgrades and Downgrades
A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. UBS Group upgraded shares of Johnson Controls International from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $90.00 to $103.00 in a research note on Monday, February 10th. Morgan Stanley boosted their price objective on shares of Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Oppenheimer boosted their price objective on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Finally, Robert W. Baird boosted 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 note on Thursday, November 7th. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $91.13.
View Our Latest Report on Johnson Controls International
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.
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