Johnson Controls International plc (NYSE:JCI) Shares Sold by Sheaff Brock Investment Advisors LLC

Sheaff Brock Investment Advisors LLC trimmed its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 4.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,066 shares of the company’s stock after selling 400 shares during the period. Sheaff Brock Investment Advisors LLC’s holdings in Johnson Controls International were worth $626,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Capital World Investors lifted its stake in shares of Johnson Controls International by 85.5% in the 1st quarter. Capital World Investors now owns 14,142,736 shares of the company’s stock valued at $923,804,000 after purchasing an additional 6,520,580 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Johnson Controls International by 8.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 5,855,075 shares of the company’s stock valued at $389,214,000 after purchasing an additional 479,548 shares during the period. Raymond James & Associates increased its holdings in Johnson Controls International by 5.6% in the 3rd 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 in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in Johnson Controls International by 686.4% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company’s stock worth $295,487,000 after acquiring an additional 3,880,146 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in Johnson Controls International by 2.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,401,984 shares of the company’s stock worth $159,660,000 after acquiring an additional 59,274 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Barclays boosted their price target on shares of Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 2nd. The Goldman Sachs Group boosted their price target on shares of Johnson Controls International from $73.00 to $81.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Robert W. Baird boosted their price target on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, Wells Fargo & Company upped their target price on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Twelve equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $77.21.

Insider Transactions at Johnson Controls International

In related news, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction dated Tuesday, October 15th. The stock was sold at an average price of $76.79, for a total transaction of $8,494,125.85. Following the completion of the sale, the chief executive officer now owns 1,243,751 shares in the company, valued at approximately $95,507,639.29. This trade represents a 8.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Nathan D. Manning sold 3,000 shares of Johnson Controls International stock in a transaction dated Tuesday, October 1st. The shares were 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 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 disclosure for this sale can be found here. Insiders sold 226,141 shares of company stock valued at $16,904,519 in the last 90 days. 0.69% of the stock is currently owned by insiders.

Johnson Controls International Price Performance

Johnson Controls International stock opened at $84.40 on Friday. Johnson Controls International plc has a one year low of $51.40 and a one year high of $87.16. 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 business has a fifty day moving average of $76.84 and a two-hundred day moving average of $71.65. The company has a market cap of $56.38 billion, a P/E ratio of 33.23, a price-to-earnings-growth ratio of 2.39 and a beta of 1.29.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.75%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International’s dividend payout ratio (DPR) is presently 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.