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 transaction of $14,619.60. Following the completion of the transaction, the chief financial officer now directly owns 91,372 shares of the company’s stock, valued at approximately $7,181,839.20. The trade was a 0.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 shares were sold at an average price of $77.47, for a total transaction 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

Shares of NYSE:JCI opened at $80.99 on Thursday. The company has a market cap of $53.63 billion, a price-to-earnings ratio of 31.89, a price-to-earnings-growth ratio of 2.31 and a beta of 1.31. The company has a 50-day moving average price of $81.23 and a 200-day moving average price of $74.43. 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 plc has a 12 month low of $51.71 and a 12 month high of $87.16.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Monday, December 23rd will be paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.83%. The ex-dividend date is Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is 58.27%.

Hedge Funds Weigh In On Johnson Controls International

Institutional investors have recently bought and sold shares of the stock. Y Intercept Hong Kong Ltd raised its stake 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 worth $7,082,000 after buying an additional 52,719 shares in the last quarter. Geode Capital Management LLC raised its stake in Johnson Controls International by 0.5% in the third quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock worth $1,041,822,000 after buying an additional 71,493 shares in the last quarter. International Assets Investment Management LLC bought a new position in Johnson Controls International in the third quarter worth about $7,692,000. CIBC Asset Management Inc raised 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 buying an additional 7,433 shares in the last quarter. Finally, Nwam LLC bought a new position in Johnson Controls International in the third quarter worth about $701,000. 90.05% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Mizuho raised their price target on shares of Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Royal Bank of Canada raised their price objective on shares of Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a research report on Thursday, November 7th. Oppenheimer raised their price objective on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Robert W. Baird raised their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Finally, Barclays raised their price objective on shares of 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. Ten equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat, Johnson Controls International presently has an average rating of “Hold” and a consensus 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.