Johnson Controls International plc (NYSE:JCI) Shares Purchased by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. boosted its stake in shares of Johnson Controls International plc (NYSE:JCI) by 350.5% in the fourth quarter, HoldingsChannel.com reports. The fund owned 152,170 shares of the company’s stock after purchasing an additional 118,393 shares during the period. Crossmark Global Holdings Inc.’s holdings in Johnson Controls International were worth $12,011,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Fortitude Family Office LLC lifted its stake in Johnson Controls International by 195.8% in the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after buying an additional 278 shares in the last quarter. Wolff Wiese Magana LLC lifted its position in shares of Johnson Controls International by 977.3% in the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after acquiring an additional 430 shares in the last quarter. ST Germain D J Co. Inc. boosted its stake in shares of 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 worth $43,000 after acquiring an additional 134 shares during the last quarter. Western Pacific Wealth Management LP purchased a new stake in shares of Johnson Controls International during the third quarter worth approximately $44,000. Finally, Friedenthal Financial acquired a new position in Johnson Controls International in the 4th quarter valued at $49,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Johnson Controls International Price Performance

JCI opened at $81.34 on Tuesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. Johnson Controls International plc has a 1 year low of $52.02 and a 1 year high of $87.16. The company’s 50 day simple moving average is $81.96 and its 200 day simple moving average is $75.82. The stock has a market capitalization of $53.86 billion, a PE ratio of 32.02, a P/E/G ratio of 2.32 and a beta of 1.32.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.82%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is presently 58.27%.

Insider Transactions at Johnson Controls International

In related news, EVP Marlon Sullivan sold 7,230 shares of the business’s stock in a transaction dated 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 in the company, valued at approximately $2,687,704.10. The trade was a 18.31 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO George Oliver sold 110,616 shares of Johnson Controls International stock in a transaction on Friday, November 15th. The stock was sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the completion of the sale, the chief executive officer now 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 position. The disclosure for this sale can be found here. Insiders sold 647,787 shares of company stock valued at $53,972,452 over the last quarter. Company insiders own 0.69% of the company’s stock.

Analyst Upgrades and Downgrades

JCI has been the subject of a number of research reports. UBS Group started coverage on shares of Johnson Controls International in a research report on Wednesday, November 13th. They issued a “neutral” rating and a $90.00 target price for the company. JPMorgan Chase & Co. lowered their price objective on Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. Wells Fargo & Company dropped their price objective on shares of Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Citigroup dropped their price target 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. Finally, Bank of America lifted their price target on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, September 27th. Ten research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Johnson Controls International has a consensus rating of “Hold” and an average target price of $82.53.

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.