iSAM Funds UK Ltd Takes $1.26 Million Position in Johnson Controls International plc (NYSE:JCI)

iSAM Funds UK Ltd bought a new stake in shares of Johnson Controls International plc (NYSE:JCI) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 16,184 shares of the company’s stock, valued at approximately $1,256,000.

Several other large investors have also recently made changes to their positions in JCI. Cetera Advisors LLC increased its holdings in Johnson Controls International by 174.9% in the 1st quarter. Cetera Advisors LLC now owns 15,671 shares of the company’s stock worth $1,024,000 after acquiring an additional 9,971 shares during the last quarter. U.S. Capital Wealth Advisors LLC purchased a new stake in Johnson Controls International in the 2nd quarter worth about $351,000. Capital Investment Advisors LLC increased its holdings in Johnson Controls International by 41.8% in the 2nd quarter. Capital Investment Advisors LLC now owns 4,986 shares of the company’s stock worth $331,000 after acquiring an additional 1,471 shares during the last quarter. Hexagon Capital Partners LLC increased its holdings in Johnson Controls International by 39.7% in the 2nd quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock worth $47,000 after acquiring an additional 202 shares during the last quarter. Finally, Czech National Bank increased its holdings in Johnson Controls International by 7.0% in the 2nd quarter. Czech National Bank now owns 128,358 shares of the company’s stock worth $8,532,000 after acquiring an additional 8,411 shares during the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Johnson Controls International Stock Performance

Shares of NYSE JCI opened at $84.35 on Friday. The stock has a market cap of $55.85 billion, a price-to-earnings ratio of 33.21, a P/E/G ratio of 2.34 and a beta of 1.31. 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 plc has a 1-year low of $51.70 and a 1-year high of $87.16. The stock’s 50-day moving average is $79.77 and its 200 day moving average is $73.44.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Monday, December 23rd will be issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.75%. Johnson Controls International’s dividend payout ratio is 58.27%.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Oppenheimer raised their target price on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Barclays raised their target price on Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Thursday. Mizuho raised their target price on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Finally, Robert W. Baird raised their target price on Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Twelve investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Johnson Controls International has an average rating of “Hold” and an average price target of $78.57.

Insider Activity at Johnson Controls International

In related news, CEO George Oliver sold 110,615 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was 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 of the company’s stock, valued at approximately $90,383,385.17. This trade represents a 8.17 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Nathan D. Manning sold 3,000 shares of Johnson Controls International stock in a transaction that occurred 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 transaction, the chief operating officer now directly owns 140,488 shares in the company, valued at $10,828,815.04. This trade represents a 2.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 740,662 shares of company stock valued at $59,869,133. Corporate insiders own 0.69% of the company’s stock.

About Johnson Controls International

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.