Atria Investments Inc Lowers Position in Johnson Controls International plc (NYSE:JCI)

Atria Investments Inc reduced its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 2.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 62,823 shares of the company’s stock after selling 1,909 shares during the quarter. Atria Investments Inc’s holdings in Johnson Controls International were worth $4,876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the company. Assetmark Inc. increased its stake in Johnson Controls International by 1.2% during the third quarter. Assetmark Inc. now owns 32,913 shares of the company’s stock worth $2,554,000 after acquiring an additional 400 shares during the last quarter. Heritage Wealth Management Inc. increased its holdings in Johnson Controls International by 2.4% in the 3rd quarter. Heritage Wealth Management Inc. now owns 10,884 shares of the company’s stock worth $845,000 after buying an additional 260 shares during the period. Comprehensive Financial Consultants Institutional Inc. boosted its stake in shares of Johnson Controls International by 2.3% during the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 57,566 shares of the company’s stock worth $4,468,000 after acquiring an additional 1,300 shares in the last quarter. Consolidated Planning Corp increased its stake in shares of Johnson Controls International by 3.9% during the third quarter. Consolidated Planning Corp now owns 79,620 shares of the company’s stock worth $6,179,000 after purchasing an additional 2,970 shares in the last quarter. Finally, Western Pacific Wealth Management LP purchased a new position in shares of Johnson Controls International in the third quarter worth about $44,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have weighed in on JCI. Wells Fargo & Company lifted their target price on Johnson Controls International from $84.00 to $90.00 and gave the company an “overweight” rating in a research report on Thursday, November 7th. Bank of America lifted their price objective on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Tuesday. Royal Bank of Canada boosted their target price on shares of Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a research note on Thursday, November 7th. Finally, Oppenheimer raised their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Twelve investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Johnson Controls International has a consensus rating of “Hold” and a consensus target price of $75.64.

Johnson Controls International Stock Performance

NYSE JCI opened at $85.16 on Wednesday. The firm has a market cap of $56.89 billion, a price-to-earnings ratio of 34.09, a price-to-earnings-growth ratio of 2.46 and a beta of 1.29. The business has a 50-day moving average price of $75.60 and a 200-day moving average price of $71.18. Johnson Controls International plc has a twelve month low of $50.60 and a twelve month high of $87.16. The company has a quick ratio of 0.73, a current ratio of 0.94 and a debt-to-equity ratio of 0.46.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend was Wednesday, September 25th. Johnson Controls International’s dividend payout ratio is currently 58.27%.

Insider Buying and Selling at Johnson Controls International

In other news, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction on Monday, September 16th. The stock was sold at an average price of $72.67, for a total value 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. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In other news, CEO George Oliver sold 110,615 shares of the 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 sale, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at $90,383,385.17. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, COO Nathan D. Manning sold 1,167 shares of the business’s stock in a transaction dated Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total transaction of $84,899.25. Following the sale, the chief operating officer now directly owns 143,488 shares of the company’s stock, valued at $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 valued at $16,904,519 in the last quarter. 0.69% of the stock is owned by insiders.

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.