Johnson Controls International plc (NYSE:JCI) Shares Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its stake in shares of Johnson Controls International plc (NYSE:JCI) by 0.9% during the 4th quarter, Holdings Channel reports. The fund owned 242,346 shares of the company’s stock after buying an additional 2,269 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Johnson Controls International were worth $19,218,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. State Street Corp raised its stake in Johnson Controls International by 1.1% during the third quarter. State Street Corp now owns 27,939,766 shares of the company’s stock worth $2,178,595,000 after purchasing an additional 300,712 shares during the period. Fisher Asset Management LLC increased its holdings in shares of Johnson Controls International by 3.4% during the 3rd quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock worth $1,187,084,000 after buying an additional 509,293 shares during the last quarter. Geode Capital Management LLC raised its position in shares of Johnson Controls International by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock valued at $1,041,822,000 after buying an additional 71,493 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Johnson Controls International by 514.9% in the third 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 acquiring an additional 4,514,792 shares during the last quarter. Finally, Raymond James & Associates grew its position in Johnson Controls International by 5.6% in the third quarter. Raymond James & Associates now owns 4,735,147 shares of the company’s stock worth $367,495,000 after acquiring an additional 249,405 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Trading Down 0.4 %

JCI opened at $82.13 on Thursday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. The stock has a market capitalization of $54.38 billion, a price-to-earnings ratio of 32.33, a PEG ratio of 2.36 and a beta of 1.32. The business has a fifty day moving average price of $81.80 and a 200 day moving average price of $76.03. Johnson Controls International plc has a 12 month low of $52.02 and a 12 month high of $87.16.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were paid a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.80%. Johnson Controls International’s payout ratio is 58.27%.

Insider Activity at Johnson Controls International

In related news, EVP Marlon Sullivan sold 7,230 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total value of $602,620.50. Following the transaction, the executive vice president now owns 32,246 shares of the company’s stock, valued at $2,687,704.10. This represents a 18.31 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO George Oliver sold 110,616 shares of the firm’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $84.60, for a total value of $9,358,113.60. Following the completion of the sale, the chief executive officer now owns 1,244,617 shares in the company, valued at approximately $105,294,598.20. This represents a 8.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 647,787 shares of company stock valued at $53,972,452 over the last 90 days. 0.69% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Oppenheimer lifted their target price on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Royal Bank of Canada boosted 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 report on Thursday, November 7th. Citigroup lowered their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Barclays boosted their price target 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. Finally, UBS Group started coverage on shares of Johnson Controls International in a research report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 price objective for the company. Ten investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $82.53.

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.