Johnson Controls International plc (NYSE:JCI) Shares Sold by Foresight Group Ltd Liability Partnership

Foresight Group Ltd Liability Partnership decreased its position in shares of Johnson Controls International plc (NYSE:JCI) by 4.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,797 shares of the company’s stock after selling 623 shares during the period. Johnson Controls International accounts for about 0.7% of Foresight Group Ltd Liability Partnership’s investment portfolio, making the stock its 20th largest holding. Foresight Group Ltd Liability Partnership’s holdings in Johnson Controls International were worth $1,092,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Fortitude Family Office LLC lifted 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 valued at $33,000 after buying an additional 278 shares during the period. Wolff Wiese Magana LLC boosted its position in shares of 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 purchasing an additional 430 shares in the last quarter. ST Germain D J Co. Inc. grew its stake in shares of 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 purchasing an additional 134 shares during the last quarter. Western Pacific Wealth Management LP bought a new stake in shares of Johnson Controls International in the 3rd quarter worth approximately $44,000. Finally, Friedenthal Financial acquired a new stake in Johnson Controls International during the fourth quarter valued at approximately $49,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Marlon Sullivan sold 7,230 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total value of $602,620.50. Following the completion of the sale, the executive vice president now directly owns 32,246 shares in the company, valued at approximately $2,687,704.10. This represents a 18.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO George Oliver sold 124,497 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $82.67, for a total transaction of $10,292,166.99. Following the transaction, the chief executive officer now directly owns 1,267,716 shares in the company, valued at $104,802,081.72. The trade was a 8.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 647,973 shares of company stock valued at $53,986,862 over the last ninety days. Corporate insiders own 0.69% of the company’s stock.

Johnson Controls International Stock Up 1.1 %

Shares of Johnson Controls International stock opened at $80.34 on Friday. The firm has a market cap of $53.20 billion, a price-to-earnings ratio of 31.63, a P/E/G ratio of 2.20 and a beta of 1.32. The stock has a 50-day simple moving average of $82.06 and a 200-day simple moving average of $75.55. Johnson Controls International plc has a 52-week low of $51.71 and a 52-week high of $87.16. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Monday, December 23rd will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date is Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is presently 58.27%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. decreased their price target on shares of Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating on the stock in a research report on Wednesday. Bank of America upped their target price on Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a report on Friday, September 27th. Oppenheimer boosted their price objective on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. StockNews.com cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Finally, Citigroup cut their price target on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a report on Monday. Ten research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $82.53.

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.