Johnson Controls International plc (NYSE:JCI) Shares Acquired by Tokio Marine Asset Management Co. Ltd.

Tokio Marine Asset Management Co. Ltd. grew its position in Johnson Controls International plc (NYSE:JCI) by 2.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 18,999 shares of the company’s stock after acquiring an additional 404 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Johnson Controls International were worth $1,500,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of JCI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Johnson Controls International by 514.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock worth $418,439,000 after purchasing an additional 4,514,792 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Johnson Controls International by 3.4% in the 3rd quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock worth $1,187,084,000 after acquiring an additional 509,293 shares during the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of Johnson Controls International in the 4th quarter worth approximately $32,609,000. Worldquant Millennium Advisors LLC acquired a new stake in Johnson Controls International during the 3rd quarter worth approximately $25,065,000. Finally, State Street Corp lifted its holdings in Johnson Controls International by 1.1% during the 3rd quarter. State Street Corp now owns 27,939,766 shares of the company’s stock worth $2,178,595,000 after buying an additional 300,712 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Price Performance

JCI opened at $76.97 on Tuesday. The company has a fifty day simple moving average of $80.97 and a 200 day simple moving average of $76.58. The firm has a market cap of $50.81 billion, a price-to-earnings ratio of 30.30, a PEG ratio of 2.24 and a beta of 1.32. Johnson Controls International plc has a twelve month low of $52.79 and a twelve month high of $87.16. 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 Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s payout ratio is 58.27%.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, EVP Marlon Sullivan sold 7,230 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the transaction, the executive vice president now directly owns 32,246 shares in the company, valued at $2,687,704.10. This represents a 18.31 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO George Oliver sold 224,152 shares of the stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the transaction, the chief executive officer now owns 1,166,992 shares in the company, valued at $96,533,578.24. This trade represents a 16.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 647,787 shares of company stock valued at $53,972,452. Corporate insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

JCI has been the topic of a number of analyst reports. Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price objective on the stock in a report on Friday, December 20th. Oppenheimer raised their price objective on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. 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 note on Thursday, December 5th. 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 price target on the stock. Finally, Royal Bank of Canada upped 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 note on Thursday, November 7th. Nine research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, Johnson Controls International currently has a consensus rating of “Hold” and an average target price of $87.20.

Johnson Controls International Company 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.