Johnson Controls International plc (NYSE:JCI) Shares Purchased by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd boosted its stake in shares of Johnson Controls International plc (NYSE:JCI) by 136.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 91,248 shares of the company’s stock after acquiring an additional 52,719 shares during the quarter. Johnson Controls International accounts for 0.4% of Y Intercept Hong Kong Ltd’s holdings, making the stock its 21st largest position. Y Intercept Hong Kong Ltd’s holdings in Johnson Controls International were worth $7,082,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings 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 valued at $418,439,000 after purchasing an additional 4,514,792 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its position in Johnson Controls International by 686.4% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company’s stock valued at $295,487,000 after buying an additional 3,880,146 shares during the period. Ceredex Value Advisors LLC purchased a new position in Johnson Controls International in the second quarter valued at $73,881,000. Point72 Asset Management L.P. increased its holdings in Johnson Controls International by 263.9% in the second quarter. Point72 Asset Management L.P. now owns 1,341,919 shares of the company’s stock valued at $89,197,000 after buying an additional 973,145 shares in the last quarter. Finally, Electron Capital Partners LLC raised its position in shares of Johnson Controls International by 81.3% in the second quarter. Electron Capital Partners LLC now owns 1,432,335 shares of the company’s stock worth $95,207,000 after acquiring an additional 642,315 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 3,000 shares of the firm’s stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total value of $231,240.00. Following the completion of the sale, the chief operating officer now directly owns 140,488 shares of the company’s stock, valued at $10,828,815.04. This trade represents a 2.09 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO George Oliver sold 110,615 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were 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 directly owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. The trade was a 8.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 740,662 shares of company stock worth $59,869,133 in the last ninety days. Insiders own 0.69% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on JCI. Mizuho raised their target price on Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. Oppenheimer raised their price objective on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Royal Bank of Canada boosted their price objective on 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. UBS Group assumed coverage on Johnson Controls International in a research report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 target price on the stock. Finally, Bank of America lifted their price target on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Twelve analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, Johnson Controls International currently has a consensus rating of “Hold” and an average target price of $78.57.

Johnson Controls International Stock Performance

NYSE:JCI opened at $84.34 on Monday. The company has a market cap of $55.85 billion, a P/E ratio of 33.20, a P/E/G ratio of 2.35 and a beta of 1.31. Johnson Controls International plc has a twelve month low of $51.70 and a twelve month high of $87.16. The company’s 50-day moving average price is $79.91 and its 200-day moving average price is $73.54. 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 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 1.75%. The ex-dividend date is Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is 58.27%.

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.