Johnson Controls International plc (NYSE:JCI) CFO Marc Vandiepenbeeck Sells 186 Shares

Johnson Controls International plc (NYSE:JCI) CFO Marc Vandiepenbeeck sold 186 shares of the firm’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of $78.60, for a total value of $14,619.60. Following the transaction, the chief financial officer now directly owns 91,372 shares in the company, valued at $7,181,839.20. This trade represents a 0.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link.

Marc Vandiepenbeeck also recently made the following trade(s):

• On Tuesday, December 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $83.64, for a total transaction of $15,557.04.
• On Wednesday, November 20th, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $83.61, for a total transaction of $15,551.46.
• On Monday, October 21st, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $77.47, for a total value of $14,409.42.
• On Thursday, October 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $76.30, for a total transaction of $14,191.80.

Johnson Controls International Stock Performance

JCI stock traded up $0.04 on Monday, reaching $80.31. 3,293,958 shares of the company were exchanged, compared to its average volume of 4,786,926. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. Johnson Controls International plc has a 12 month low of $51.71 and a 12 month high of $87.16. The stock’s fifty day moving average price is $81.00 and its 200 day moving average price is $74.23. The firm has a market capitalization of $53.18 billion, a PE ratio of 31.62, a PEG ratio of 2.31 and a beta of 1.31.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Monday, December 23rd will be paid a $0.37 dividend. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.84%. Johnson Controls International’s payout ratio is currently 58.27%.

Institutional Investors Weigh In On Johnson Controls International

A number of institutional investors have recently added to or reduced their stakes in the stock. Y Intercept Hong Kong Ltd boosted its position in Johnson Controls International by 136.8% in the third quarter. Y Intercept Hong Kong Ltd now owns 91,248 shares of the company’s stock valued at $7,082,000 after buying an additional 52,719 shares in the last quarter. Geode Capital Management LLC increased its holdings in Johnson Controls International by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock valued at $1,041,822,000 after purchasing an additional 71,493 shares in the last quarter. International Assets Investment Management LLC bought a new position in Johnson Controls International in the 3rd quarter valued at $7,692,000. CIBC Asset Management Inc boosted its stake in Johnson Controls International by 6.8% in the third quarter. CIBC Asset Management Inc now owns 117,328 shares of the company’s stock worth $9,106,000 after purchasing an additional 7,433 shares in the last quarter. Finally, Nwam LLC bought a new stake in shares of Johnson Controls International during the third quarter worth $701,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JCI has been the subject of a number of research analyst reports. Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a research report on Friday. Bank of America boosted their target price on shares of Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Robert W. Baird raised their price target on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Barclays upped their price objective on shares of 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, Mizuho boosted their price target on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Ten analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $80.93.

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.