Aurora Investment Counsel Sells 6,017 Shares of Johnson Controls International plc (NYSE:JCI)

Aurora Investment Counsel trimmed its position in shares of Johnson Controls International plc (NYSE:JCI) by 23.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,088 shares of the company’s stock after selling 6,017 shares during the period. Aurora Investment Counsel’s holdings in Johnson Controls International were worth $1,559,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cetera Investment Advisers boosted its holdings in shares of Johnson Controls International by 470.9% in the first 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 period. Epoch Investment Partners Inc. boosted its stake in Johnson Controls International by 0.9% during the first quarter. Epoch Investment Partners Inc. now owns 1,129,418 shares of the company’s stock valued at $73,774,000 after buying an additional 10,146 shares during the period. International Assets Investment Management LLC bought a new stake in Johnson Controls International during the third quarter valued at $7,692,000. O Shaughnessy Asset Management LLC boosted its stake in 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 valued at $2,576,000 after buying an additional 8,897 shares during the period. Finally, CIBC Asset Management Inc boosted its stake in Johnson Controls International by 6.8% during the third quarter. CIBC Asset Management Inc now owns 117,328 shares of the company’s stock valued at $9,106,000 after buying an additional 7,433 shares during the period. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Stock Down 0.7 %

JCI opened at $82.98 on Thursday. The company has a market cap of $55.43 billion, a P/E ratio of 32.67, a P/E/G ratio of 2.33 and a beta of 1.29. The business’s 50-day moving average price is $77.65 and its 200-day moving average price is $72.16. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a 12 month low of $51.70 and a 12 month high of $87.16.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Wednesday, September 25th were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a yield of 1.78%. Johnson Controls International’s dividend payout ratio is presently 58.27%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Bank of America lifted their price objective on Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Wells Fargo & Company lifted 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. Royal Bank of Canada lifted their price objective on Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a research note on Thursday, November 7th. UBS Group assumed coverage on Johnson Controls International in a research report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 price target on the stock. Finally, Oppenheimer raised their price target on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Twelve investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Johnson Controls International currently has an average rating of “Hold” and an average target price of $77.21.

Insider Activity at Johnson Controls International

In related news, CEO George Oliver sold 110,616 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer now owns 1,244,617 shares in the company, valued at $105,294,598.20. The trade was a 8.16 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total value of $84,899.25. Following the sale, the chief operating officer now directly owns 143,488 shares in the company, valued at approximately $10,438,752. The trade was a 0.81 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 336,943 shares of company stock worth $26,278,184 in the last 90 days. Company 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.