7,110 Shares in Johnson Controls International plc (NYSE:JCI) Bought by Seros Financial LLC

Seros Financial LLC bought a new stake in Johnson Controls International plc (NYSE:JCI) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 7,110 shares of the company’s stock, valued at approximately $561,000. Johnson Controls International accounts for about 0.5% of Seros Financial LLC’s investment portfolio, making the stock its 28th biggest holding.

Several other hedge funds have also bought and sold shares of JCI. Metis Global Partners LLC increased its position in shares of Johnson Controls International by 0.4% in the third quarter. Metis Global Partners LLC now owns 28,446 shares of the company’s stock worth $2,208,000 after purchasing an additional 127 shares during the period. Graypoint LLC increased its holdings in Johnson Controls International by 4.1% in the 4th quarter. Graypoint LLC now owns 3,277 shares of the company’s stock valued at $259,000 after buying an additional 130 shares during the period. ST Germain D J Co. Inc. increased its holdings in Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after buying an additional 134 shares during the period. Brooklyn Investment Group raised its position in shares of Johnson Controls International by 3.1% in the 4th quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock valued at $351,000 after buying an additional 135 shares in the last quarter. Finally, Fulton Bank N.A. lifted its holdings in shares of Johnson Controls International by 1.2% during the 4th quarter. Fulton Bank N.A. now owns 11,845 shares of the company’s stock worth $935,000 after acquiring an additional 139 shares during the period. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Controls International Stock Down 0.1 %

Shares of Johnson Controls International stock opened at $82.02 on Friday. The company has a 50-day simple moving average of $81.73 and a two-hundred day simple moving average of $76.08. The stock has a market capitalization of $54.15 billion, a PE ratio of 32.29, a price-to-earnings-growth ratio of 2.35 and a beta of 1.32. Johnson Controls International plc has a 52-week low of $52.02 and a 52-week 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.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were paid a $0.37 dividend. The ex-dividend date was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.80%. Johnson Controls International’s dividend payout ratio is presently 58.27%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Oppenheimer upped their price target on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Argus raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price objective on the stock in a report on Friday, December 20th. UBS Group began coverage on 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. Finally, Mizuho boosted their price target on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Ten equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $82.53.

Insider Activity

In related news, CEO George Oliver sold 10,304 shares of the firm’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $84.14, for a total value of $866,978.56. Following the transaction, the chief executive officer now owns 1,166,992 shares of the company’s stock, valued at approximately $98,190,706.88. This trade represents a 0.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Marlon Sullivan sold 7,230 shares of the company’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the sale, the executive vice president now directly owns 32,246 shares of the company’s stock, valued at approximately $2,687,704.10. This represents a 18.31 % decrease in their ownership of the stock. 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 three months. 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.