BNP PARIBAS ASSET MANAGEMENT Holding S.A. Sells 50,333 Shares of Johnson Controls International plc (NYSE:JCI)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. decreased its position in Johnson Controls International plc (NYSE:JCI) by 8.6% during the third quarter, HoldingsChannel.com reports. The firm owned 534,195 shares of the company’s stock after selling 50,333 shares during the quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A.’s holdings in Johnson Controls International were worth $41,459,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of JCI. Fortitude Family Office LLC lifted its stake in shares of Johnson Controls International by 195.8% in the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after buying an additional 278 shares in the last quarter. Continuum Advisory LLC raised its holdings in Johnson Controls International by 65.2% in the 2nd quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock worth $35,000 after acquiring an additional 208 shares during the last quarter. Wolff Wiese Magana LLC lifted its position in Johnson Controls International by 977.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after acquiring an additional 430 shares in the last quarter. Western Pacific Wealth Management LP purchased a new stake in Johnson Controls International during the 3rd quarter valued at $44,000. Finally, Hexagon Capital Partners LLC increased its holdings in shares of Johnson Controls International by 39.7% in the 2nd quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock worth $47,000 after purchasing an additional 202 shares in the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on JCI shares. Mizuho increased their price objective on Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. UBS Group assumed coverage on shares of Johnson Controls International in a report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 price target on the stock. Morgan Stanley began coverage on shares of Johnson Controls International in a report on Friday, September 6th. They set an “overweight” rating and a $85.00 price objective for the company. Oppenheimer raised their target price 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. Finally, Bank of America boosted their target price on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Twelve analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $77.21.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of the stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $76.79, for a total value of $8,494,125.85. Following the completion of the sale, the chief executive officer now owns 1,243,751 shares in the company, valued at approximately $95,507,639.29. This represents a 8.17 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, COO Nathan D. Manning sold 1,167 shares of the firm’s stock in a transaction dated Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total value of $84,899.25. Following the sale, the chief operating officer now directly owns 143,488 shares in the company, valued at approximately $10,438,752. This represents a 0.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 561,095 shares of company stock valued at $44,820,037 over the last 90 days. 0.69% of the stock is currently owned by corporate insiders.

Johnson Controls International Stock Performance

Shares of JCI opened at $84.24 on Friday. The business has a 50-day simple moving average of $77.91 and a two-hundred day simple moving average of $72.24. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a 52 week low of $51.70 and a 52 week high of $87.16. The stock has a market cap of $56.27 billion, a price-to-earnings ratio of 33.16, a PEG ratio of 2.33 and a beta of 1.29.

Johnson Controls International Dividend Announcement

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