Advisors Management Group Inc. ADV Acquires 415 Shares of Johnson Controls International plc (NYSE:JCI)

Advisors Management Group Inc. ADV lifted its position in Johnson Controls International plc (NYSE:JCI) by 1.4% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 30,600 shares of the company’s stock after acquiring an additional 415 shares during the period. Advisors Management Group Inc. ADV’s holdings in Johnson Controls International were worth $2,375,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of JCI. Graypoint LLC acquired a new stake in shares of Johnson Controls International in the 3rd quarter valued at $244,000. Blake Schutter Theil Wealth Advisors LLC bought a new position in shares of Johnson Controls International in the third quarter valued at approximately $493,000. M&G PLC lifted its holdings in Johnson Controls International by 2.5% during the third quarter. M&G PLC now owns 1,912,580 shares of the company’s stock worth $149,181,000 after acquiring an additional 46,510 shares during the period. Spinnaker Trust bought a new position in Johnson Controls International during the third quarter valued at $209,000. Finally, Concurrent Investment Advisors LLC raised its stake in shares of Johnson Controls International by 24.7% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 6,259 shares of the company’s stock valued at $486,000 after purchasing an additional 1,240 shares during the period. 90.05% of the stock is owned by institutional investors.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.67, for a total value of $8,038,392.05. Following the completion of the sale, the chief executive officer now directly owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of the company’s stock in a transaction that occurred on Monday, September 16th. The shares were sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the transaction, the chief executive officer now owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Nathan D. Manning sold 3,000 shares of Johnson Controls International stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total transaction of $231,240.00. Following the sale, the chief operating officer now owns 140,488 shares of the company’s stock, valued at $10,828,815.04. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 226,141 shares of company stock valued at $16,904,519 in the last quarter. 0.69% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on JCI. StockNews.com upgraded Johnson Controls International from a “hold” rating to a “buy” rating in a research report on Monday. Robert W. Baird boosted their target price on shares of Johnson Controls International from $72.00 to $78.00 and gave the company a “neutral” rating in a research report on Thursday, August 1st. Mizuho boosted their target price on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Bank of America increased their price objective on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, September 27th. Finally, Morgan Stanley assumed coverage on shares of Johnson Controls International in a research report on Friday, September 6th. They set an “overweight” rating and a $85.00 target price on the stock. Eleven research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $73.43.

Johnson Controls International Stock Up 8.9 %

Shares of NYSE JCI opened at $81.49 on Thursday. The stock has a market capitalization of $54.44 billion, a PE ratio of 34.10, a price-to-earnings-growth ratio of 2.12 and a beta of 1.29. The company has a current ratio of 0.96, a quick ratio of 0.73 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a 12-month low of $50.00 and a 12-month high of $81.98. The stock’s fifty day simple moving average is $74.87 and its two-hundred day simple moving average is $70.72.

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 $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.82%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International’s payout ratio is currently 61.92%.

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.