Meeder Advisory Services Inc. Sells 564 Shares of Johnson Controls International plc (NYSE:JCI)

Meeder Advisory Services Inc. trimmed its holdings in Johnson Controls International plc (NYSE:JCI) by 3.4% in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 15,968 shares of the company’s stock after selling 564 shares during the quarter. Meeder Advisory Services Inc.’s holdings in Johnson Controls International were worth $1,239,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of JCI. Cetera Investment Advisers grew its stake in shares of Johnson Controls International by 470.9% in the first quarter. Cetera Investment Advisers now owns 157,980 shares of the company’s stock worth $10,319,000 after acquiring an additional 130,308 shares during the period. Epoch Investment Partners Inc. boosted its holdings in Johnson Controls International by 0.9% in the first quarter. Epoch Investment Partners Inc. now owns 1,129,418 shares of the company’s stock worth $73,774,000 after purchasing an additional 10,146 shares during the last quarter. International Assets Investment Management LLC bought a new stake in Johnson Controls International in the 3rd quarter worth approximately $7,692,000. Orion Portfolio Solutions LLC raised its stake in Johnson Controls International by 15.8% during the 1st quarter. Orion Portfolio Solutions LLC now owns 27,191 shares of the company’s stock valued at $1,776,000 after buying an additional 3,717 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its holdings in shares of Johnson Controls International by 29.1% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 39,436 shares of the company’s stock valued at $2,576,000 after buying an additional 8,897 shares during the period. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Price Performance

Shares of NYSE:JCI opened at $83.64 on Tuesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. The firm has a market cap of $55.87 billion, a price-to-earnings ratio of 32.93, a P/E/G ratio of 2.36 and a beta of 1.29. The firm has a fifty day moving average price of $77.14 and a 200 day moving average price of $71.93. Johnson Controls International plc has a fifty-two week low of $51.60 and a fifty-two week high of $87.16.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were given a dividend of $0.37 per share. The ex-dividend date was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.77%. Johnson Controls International’s payout ratio is 58.27%.

Analyst Ratings Changes

Several analysts recently commented on the company. Bank of America lifted their price objective on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Mizuho lifted their price target on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Robert W. Baird upped their price objective on Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. UBS Group initiated coverage on Johnson Controls International in a research report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 target price on the stock. Finally, Royal Bank of Canada upped their price target on Johnson Controls International from $81.00 to $86.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 7th. Twelve research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $77.21.

Insider Transactions at Johnson Controls International

In related news, CEO George Oliver sold 110,615 shares of the firm’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $76.79, for a total value of $8,494,125.85. Following the completion of the transaction, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at approximately $95,507,639.29. This trade represents a 8.17 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, 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 transaction 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. The trade was a 0.81 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 336,757 shares of company stock valued at $26,262,632. 0.69% of the stock is currently owned by insiders.

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.