FNY Investment Advisers LLC Acquires Shares of 1,000 Johnson Controls International plc (NYSE:JCI)

FNY Investment Advisers LLC purchased a new position in Johnson Controls International plc (NYSE:JCI) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 1,000 shares of the company’s stock, valued at approximately $78,000.

A number of other institutional investors have also made changes to their positions in JCI. Fortitude Family Office LLC boosted its holdings in Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after buying an additional 278 shares during the last quarter. Wolff Wiese Magana LLC grew its holdings in Johnson Controls International by 977.3% during the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after purchasing an additional 430 shares during the period. ST Germain D J Co. Inc. increased its stake in Johnson Controls International by 32.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after purchasing an additional 134 shares in the last quarter. Western Pacific Wealth Management LP acquired a new stake in Johnson Controls International in the third quarter worth $44,000. Finally, Friedenthal Financial acquired a new position in shares of Johnson Controls International in the 4th quarter valued at $49,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on JCI shares. Royal Bank of Canada lifted their target price on Johnson Controls International from $81.00 to $86.00 and gave the stock a “sector perform” rating in a report on Thursday, November 7th. Citigroup decreased their price objective on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research report on Monday. Argus raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a research note on Friday, December 20th. Robert W. Baird lifted their price target on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Finally, Barclays increased their target price on Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Ten analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $82.53.

Insider Buying and Selling at Johnson Controls International

In other news, CEO George Oliver sold 110,616 shares of the firm’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the transaction, the chief executive officer now directly owns 1,244,617 shares of the company’s stock, valued at approximately $105,294,598.20. This trade represents a 8.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Marlon Sullivan sold 7,230 shares of the stock in a transaction that occurred 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 sale, the executive vice president now directly owns 32,246 shares in the company, valued at $2,687,704.10. This represents a 18.31 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 647,973 shares of company stock worth $53,986,862 over the last ninety days. Insiders own 0.69% of the company’s stock.

Johnson Controls International Stock Performance

Shares of JCI stock opened at $79.43 on Thursday. The company has a fifty day moving average price of $82.10 and a two-hundred day moving average price of $75.52. Johnson Controls International plc has a one year low of $51.71 and a one year high of $87.16. The stock has a market cap of $52.60 billion, a P/E ratio of 31.27, a P/E/G ratio of 2.31 and a beta of 1.32. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Monday, December 23rd will be paid a dividend of $0.37 per share. The ex-dividend date is Monday, December 23rd. This represents a $1.48 annualized dividend and a dividend yield of 1.86%. Johnson Controls International’s dividend payout ratio is currently 58.27%.

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.