Seros Financial LLC Invests $561,000 in Johnson Controls International plc (NYSE:JCI)

Seros Financial LLC bought a new stake in shares of Johnson Controls International plc (NYSE:JCI) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,110 shares of the company’s stock, valued at approximately $561,000. Johnson Controls International makes up approximately 0.5% of Seros Financial LLC’s holdings, making the stock its 28th biggest position.

Several other hedge funds also recently bought and sold shares of the company. Fortitude Family Office LLC increased its holdings 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 purchasing an additional 278 shares during the last quarter. Wolff Wiese Magana LLC grew its holdings in Johnson Controls International by 977.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after buying an additional 430 shares in the last quarter. ST Germain D J Co. Inc. increased its stake in Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after acquiring an additional 134 shares during the last quarter. Western Pacific Wealth Management LP bought a new position in shares of Johnson Controls International during the 3rd quarter valued at approximately $44,000. Finally, Friedenthal Financial purchased a new position in shares of Johnson Controls International in the fourth quarter valued at $49,000. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock opened at $82.02 on Friday. Johnson Controls International plc has a 12 month low of $52.02 and a 12 month high of $87.16. The stock’s fifty day moving average price is $81.73 and its 200-day moving average price is $76.08. The firm has a market cap of $54.15 billion, a P/E ratio of 32.29, a P/E/G ratio of 2.35 and a beta of 1.32. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were given a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 annualized dividend and a dividend yield of 1.80%. Johnson Controls International’s payout ratio is presently 58.27%.

Analysts Set New Price Targets

JCI has been the topic of a number of research reports. UBS Group started coverage on shares of Johnson Controls International in a report on Wednesday, November 13th. They issued a “neutral” rating and a $90.00 target price on the stock. Barclays upped their price objective on Johnson Controls International from $75.00 to $83.00 and gave the company an “equal weight” rating in a research report on Thursday, December 5th. Citigroup dropped their target price on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a report on Monday, January 13th. Oppenheimer increased their price target on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Finally, Bank of America lifted their price objective on shares of Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. Ten research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $82.53.

Insider Activity

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

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.