Meeder Advisory Services Inc. Sells 564 Shares of Johnson Controls International plc (NYSE:JCI)

Meeder Advisory Services Inc. trimmed its stake in Johnson Controls International plc (NYSE:JCI) by 3.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,968 shares of the company’s stock after selling 564 shares during the period. Meeder Advisory Services Inc.’s holdings in Johnson Controls International were worth $1,239,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cetera Investment Advisers lifted its holdings in shares of Johnson Controls International by 470.9% during the 1st quarter. Cetera Investment Advisers now owns 157,980 shares of the company’s stock worth $10,319,000 after acquiring an additional 130,308 shares during the last quarter. Epoch Investment Partners Inc. boosted its stake in Johnson Controls International by 0.9% in the first quarter. Epoch Investment Partners Inc. now owns 1,129,418 shares of the company’s stock worth $73,774,000 after buying an additional 10,146 shares in the last quarter. International Assets Investment Management LLC bought a new position in Johnson Controls International during the third quarter valued at approximately $7,692,000. Orion Portfolio Solutions LLC raised its stake in shares of Johnson Controls International by 15.8% during the first quarter. Orion Portfolio Solutions LLC now owns 27,191 shares of the company’s stock worth $1,776,000 after acquiring an additional 3,717 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC raised its stake in shares of Johnson Controls International by 29.1% during the first quarter. O Shaughnessy Asset Management LLC now owns 39,436 shares of the company’s stock worth $2,576,000 after acquiring an additional 8,897 shares in the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

JCI has been the topic of a number of recent research reports. Wells Fargo & Company raised their price objective on Johnson Controls International from $84.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Bank of America raised their price target on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Barclays boosted their price objective on Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 2nd. StockNews.com cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. Finally, Mizuho upped their price target on shares of Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Twelve equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $77.21.

Insider Buying and Selling at Johnson Controls International

In other news, COO Nathan D. Manning sold 3,000 shares of the stock in a transaction 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 sale, the chief operating officer now directly owns 140,488 shares of the company’s stock, valued at approximately $10,828,815.04. This represents a 2.09 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO George Oliver sold 110,615 shares of the company’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 completion of the transaction, the chief executive officer now owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. The trade was a 8.17 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 336,757 shares of company stock valued at $26,262,632. Corporate insiders own 0.69% of the company’s stock.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock opened at $83.64 on Tuesday. Johnson Controls International plc has a 12 month low of $51.60 and a 12 month high of $87.16. The firm has a market capitalization of $55.87 billion, a P/E ratio of 32.93, a P/E/G ratio of 2.36 and a beta of 1.29. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. The business has a fifty day simple moving average of $77.14 and a two-hundred day simple moving average of $71.93.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.77%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International’s dividend payout ratio (DPR) is presently 58.27%.

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.