Aurora Investment Counsel trimmed its position in shares of Johnson Controls International plc (NYSE:JCI – Free Report) by 23.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 20,088 shares of the company’s stock after selling 6,017 shares during the quarter. Aurora Investment Counsel’s holdings in Johnson Controls International were worth $1,559,000 at the end of the most recent quarter.
Several other large investors have also bought and sold shares of the company. O Shaughnessy Asset Management LLC boosted its position in shares of Johnson Controls International by 29.1% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 39,436 shares of the company’s stock worth $2,576,000 after purchasing an additional 8,897 shares in the last quarter. Bessemer Group Inc. boosted its position in shares of Johnson Controls International by 10.8% in the 1st quarter. Bessemer Group Inc. now owns 10,146 shares of the company’s stock worth $663,000 after purchasing an additional 989 shares in the last quarter. Lake Street Advisors Group LLC boosted its position in shares of Johnson Controls International by 21.1% in the 1st quarter. Lake Street Advisors Group LLC now owns 5,151 shares of the company’s stock worth $338,000 after purchasing an additional 899 shares in the last quarter. Axxcess Wealth Management LLC boosted its position in shares of Johnson Controls International by 23.5% in the 1st quarter. Axxcess Wealth Management LLC now owns 12,209 shares of the company’s stock worth $798,000 after purchasing an additional 2,327 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its position in shares of Johnson Controls International by 7.5% in the 1st quarter. Advisors Asset Management Inc. now owns 34,674 shares of the company’s stock worth $2,265,000 after purchasing an additional 2,409 shares in the last quarter. 90.05% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
JCI has been the subject of a number of recent analyst reports. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday. Barclays boosted their price objective on shares of Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 2nd. 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 report on Thursday, November 7th. 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 report on Thursday, November 7th. Finally, UBS Group initiated coverage on shares of Johnson Controls International in a report on Wednesday, November 13th. They issued a “neutral” rating and a $90.00 price objective for the company. Twelve analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $77.21.
Johnson Controls International Trading Down 0.7 %
NYSE:JCI opened at $82.98 on Thursday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. The firm has a market capitalization of $55.43 billion, a price-to-earnings ratio of 32.67, a price-to-earnings-growth ratio of 2.33 and a beta of 1.29. Johnson Controls International plc has a one year low of $51.70 and a one year high of $87.16. The business has a fifty day moving average price of $77.65 and a 200-day moving average price of $72.16.
Johnson Controls International Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were paid a $0.37 dividend. The ex-dividend date was Wednesday, September 25th. This represents a $1.48 annualized dividend and a dividend yield of 1.78%. Johnson Controls International’s dividend payout ratio (DPR) is 58.27%.
Insider Transactions at Johnson Controls International
In related news, COO Nathan D. Manning sold 1,167 shares of the company’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total value of $84,899.25. Following the completion of the transaction, the chief operating officer now owns 143,488 shares of the company’s stock, valued at approximately $10,438,752. This represents a 0.81 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO George Oliver sold 110,616 shares of the company’s stock in a transaction on Friday, November 15th. The stock was sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the completion of the transaction, the chief executive officer now directly owns 1,244,617 shares of the company’s stock, valued at $105,294,598.20. This represents a 8.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 336,943 shares of company stock worth $26,278,184 in the last three months. Corporate insiders own 0.69% of the company’s stock.
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.
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