PFG Investments LLC Sells 402 Shares of Johnson Controls International plc (NYSE:JCI)

PFG Investments LLC reduced its holdings in Johnson Controls International plc (NYSE:JCI) by 2.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 19,070 shares of the company’s stock after selling 402 shares during the period. PFG Investments LLC’s holdings in Johnson Controls International were worth $1,505,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Johnson Controls International by 514.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock worth $418,439,000 after purchasing an additional 4,514,792 shares during the period. Point72 Asset Management L.P. boosted its holdings in shares of Johnson Controls International by 263.9% in the 2nd quarter. Point72 Asset Management L.P. now owns 1,341,919 shares of the company’s stock worth $89,197,000 after acquiring an additional 973,145 shares in the last quarter. Fisher Asset Management LLC raised its position in Johnson Controls International by 3.4% in the 3rd quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock worth $1,187,084,000 after purchasing an additional 509,293 shares during the last quarter. Janney Montgomery Scott LLC acquired a new stake in shares of Johnson Controls International during the 4th quarter worth approximately $32,609,000. Finally, Worldquant Millennium Advisors LLC acquired a new position in Johnson Controls International during the third quarter valued at approximately $25,065,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Controls International Stock Down 5.6 %

Shares of NYSE JCI opened at $77.00 on Tuesday. The company’s fifty day simple moving average is $81.62 and its 200 day simple moving average is $76.34. Johnson Controls International plc has a 12-month low of $52.02 and a 12-month high of $87.16. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The firm has a market cap of $50.83 billion, a PE ratio of 30.31, a P/E/G ratio of 2.35 and a beta of 1.32.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.92%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s payout ratio is presently 58.27%.

Analyst Ratings Changes

Several research firms recently weighed in on JCI. Wells Fargo & Company reduced their price target on Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. 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 research note on Friday, December 20th. Robert W. Baird upped their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Finally, Citigroup decreased their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research note on Monday, January 13th. Ten research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $82.53.

Insider Activity

In related news, CEO George Oliver sold 110,616 shares of the stock in a transaction on Friday, November 15th. The stock was sold at an average price of $84.60, for a total value of $9,358,113.60. Following the sale, the chief executive officer now owns 1,244,617 shares in the company, 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 filing with the SEC, which is accessible through the SEC website. Also, EVP Marlon Sullivan sold 7,230 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the completion of the transaction, 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 position. The disclosure for this sale can be found here. Insiders have sold 647,787 shares of company stock worth $53,972,452 over the last 90 days. 0.69% of the stock is currently owned by corporate insiders.

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.