Marc Vandiepenbeeck Sells 186 Shares of Johnson Controls International plc (NYSE:JCI) Stock

Johnson Controls International plc (NYSE:JCI) CFO Marc Vandiepenbeeck sold 186 shares of the stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $83.64, for a total value of $15,557.04. Following the completion of the sale, the chief financial officer now directly owns 93,027 shares of the company’s stock, valued at approximately $7,780,778.28. The trade was a 0.20 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Marc Vandiepenbeeck also recently made the following trade(s):

• 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 value of $15,551.46.
• On Monday, October 21st, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was 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.
• On Friday, September 20th, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $73.81, for a total transaction of $13,728.66.

Johnson Controls International Price Performance

NYSE:JCI opened at $83.12 on Friday. Johnson Controls International plc has a 52-week low of $51.70 and a 52-week high of $87.16. The stock has a fifty day moving average of $79.77 and a 200 day moving average of $73.44. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. The firm has a market capitalization of $55.04 billion, a price-to-earnings ratio of 32.72, a P/E/G ratio of 2.30 and a beta of 1.31.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Monday, December 23rd will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.78%. Johnson Controls International’s dividend payout ratio (DPR) is presently 58.27%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on JCI shares. Wells Fargo & Company increased their price target on Johnson Controls International from $84.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Royal Bank of Canada raised their target price on Johnson Controls International from $81.00 to $86.00 and gave the stock a “sector perform” rating in a research note on Thursday, November 7th. Mizuho boosted their price target on Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Barclays raised their price objective on shares of Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a research report on Thursday. Finally, Bank of America increased their price objective on shares of Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Twelve research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $78.57.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of JCI. Cetera Advisors LLC boosted its stake in Johnson Controls International by 174.9% in the first quarter. Cetera Advisors LLC now owns 15,671 shares of the company’s stock worth $1,024,000 after buying an additional 9,971 shares in the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Johnson Controls International by 101.4% in the first quarter. EverSource Wealth Advisors LLC now owns 977 shares of the company’s stock worth $64,000 after buying an additional 492 shares during the period. Massmutual Trust Co. FSB ADV increased its holdings in shares of Johnson Controls International by 25.1% in the second quarter. Massmutual Trust Co. FSB ADV now owns 1,864 shares of the company’s stock worth $124,000 after buying an additional 374 shares during the period. NBC Securities Inc. increased its holdings in shares of Johnson Controls International by 37.6% in the second quarter. NBC Securities Inc. now owns 13,894 shares of the company’s stock worth $923,000 after buying an additional 3,796 shares during the period. Finally, Butensky & Cohen Financial Security Inc. lifted its stake in shares of Johnson Controls International by 2.2% in the 2nd quarter. Butensky & Cohen Financial Security Inc. now owns 63,493 shares of the company’s stock valued at $4,220,000 after acquiring an additional 1,394 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors.

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.