Comprehensive Financial Consultants Institutional Inc. Raises Stock Position in Johnson Controls International plc (NYSE:JCI)

Comprehensive Financial Consultants Institutional Inc. boosted its holdings in Johnson Controls International plc (NYSE:JCI) by 2.3% during the third quarter, HoldingsChannel reports. The fund owned 57,566 shares of the company’s stock after buying an additional 1,300 shares during the period. Johnson Controls International comprises 1.6% of Comprehensive Financial Consultants Institutional Inc.’s holdings, making the stock its 11th biggest position. Comprehensive Financial Consultants Institutional Inc.’s holdings in Johnson Controls International were worth $4,468,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Consolidated Planning Corp lifted its holdings in shares of Johnson Controls International by 3.9% in the 3rd quarter. Consolidated Planning Corp now owns 79,620 shares of the company’s stock worth $6,179,000 after acquiring an additional 2,970 shares during the last quarter. Western Pacific Wealth Management LP purchased a new stake in Johnson Controls International in the third quarter valued at approximately $44,000. Advisors Management Group Inc. ADV raised its position in Johnson Controls International by 1.4% in the third quarter. Advisors Management Group Inc. ADV now owns 30,600 shares of the company’s stock valued at $2,375,000 after purchasing an additional 415 shares during the period. Graypoint LLC acquired a new position in Johnson Controls International during the third quarter worth $244,000. Finally, Blake Schutter Theil Wealth Advisors LLC purchased a new position in shares of Johnson Controls International during the third quarter worth $493,000. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of the company’s stock in a transaction on Monday, September 16th. The shares were sold at an average price of $72.67, for a total value of $8,038,392.05. Following the completion of the transaction, the chief executive officer now owns 1,243,751 shares in the company, valued at $90,383,385.17. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction that occurred on Monday, September 16th. The stock was 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 of the company’s stock, valued at $90,383,385.17. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO Nathan D. Manning sold 1,167 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total value of $84,899.25. Following the completion of the sale, the chief operating officer now owns 143,488 shares of the company’s stock, valued at approximately $10,438,752. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 226,141 shares of company stock worth $16,904,519 in the last ninety days. 0.69% of the stock is owned by corporate insiders.

Johnson Controls International Stock Up 0.5 %

Shares of NYSE JCI opened at $81.90 on Friday. The business has a 50-day moving average of $74.87 and a two-hundred day moving average of $70.72. The company has a market capitalization of $54.71 billion, a price-to-earnings ratio of 32.24, a price-to-earnings-growth ratio of 2.39 and a beta of 1.29. Johnson Controls International plc has a 1 year low of $50.00 and a 1 year high of $82.21. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.73.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, November 6th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.25 by $0.03. The firm had revenue of $6.25 billion during the quarter, compared to analysts’ expectations of $7.26 billion. Johnson Controls International had a return on equity of 14.51% and a net margin of 6.49%. On average, analysts forecast that Johnson Controls International plc will post 3.46 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.81%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International’s payout ratio is 58.27%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. StockNews.com upgraded Johnson Controls International from a “hold” rating to a “buy” rating in a report on Monday. Barclays increased their price target on shares of Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 2nd. Morgan Stanley assumed coverage on shares of Johnson Controls International in a research note on Friday, September 6th. They issued an “overweight” rating and a $85.00 price objective for the company. Wells Fargo & Company upped their target price on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Oppenheimer increased their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday. Eleven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $75.64.

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.