Johnson Controls International plc (NYSE:JCI) Shares Sold by Dana Investment Advisors Inc.

Dana Investment Advisors Inc. cut its stake in Johnson Controls International plc (NYSE:JCI) by 3.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 126,557 shares of the company’s stock after selling 4,429 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Johnson Controls International were worth $9,989,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of JCI. Farther Finance Advisors LLC raised its stake in shares of Johnson Controls International by 11.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 6,409 shares of the company’s stock worth $497,000 after buying an additional 648 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in shares of Johnson Controls International by 384.9% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 244,289 shares of the company’s stock worth $18,959,000 after buying an additional 193,913 shares during the period. Mn Services Vermogensbeheer B.V. raised its stake in shares of Johnson Controls International by 2.6% during the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 117,500 shares of the company’s stock worth $9,119,000 after buying an additional 3,000 shares during the period. NorthRock Partners LLC raised its stake in shares of Johnson Controls International by 10.2% during the 3rd quarter. NorthRock Partners LLC now owns 3,869 shares of the company’s stock worth $300,000 after buying an additional 357 shares during the period. Finally, Austin Private Wealth LLC acquired a new position in shares of Johnson Controls International during the 3rd quarter worth approximately $201,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

JCI has been the subject of several research analyst reports. Barclays upped 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, December 5th. UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and upped their target price for the stock from $90.00 to $103.00 in a research note on Monday, February 10th. StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. JPMorgan Chase & Co. increased their price objective on Johnson Controls International from $87.00 to $100.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Finally, Wells Fargo & Company increased their price objective on Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, Johnson Controls International currently has a consensus rating of “Moderate Buy” and a consensus target price of $91.13.

Johnson Controls International Stock Up 1.7 %

Shares of NYSE:JCI opened at $82.29 on Thursday. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The business has a fifty day moving average of $82.50 and a two-hundred day moving average of $79.34. The stock has a market cap of $54.32 billion, a P/E ratio of 31.41, a PEG ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a 52-week low of $59.83 and a 52-week high of $91.14.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. On average, research analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Insider Buying and Selling at Johnson Controls International

In other news, CEO George Oliver sold 124,497 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $82.67, for a total transaction of $10,292,166.99. Following the completion of the transaction, the chief executive officer now directly owns 1,267,716 shares in the company, valued at approximately $104,802,081.72. This represents a 8.94 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Marlon Sullivan sold 7,230 shares of the stock in a transaction on 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 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 a total of 837,777 shares of company stock worth $72,867,455 in the last three months. 0.54% of the stock is 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.