BNP PARIBAS ASSET MANAGEMENT Holding S.A. Decreases Stock Position in Johnson Controls International plc (NYSE:JCI)

BNP PARIBAS ASSET MANAGEMENT Holding S.A. lessened its position in shares of Johnson Controls International plc (NYSE:JCI) by 8.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 534,195 shares of the company’s stock after selling 50,333 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. owned 0.08% of Johnson Controls International worth $41,459,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bessemer Group Inc. boosted its position in Johnson Controls International by 10.8% during the first quarter. Bessemer Group Inc. now owns 10,146 shares of the company’s stock worth $663,000 after purchasing an additional 989 shares during the period. Axxcess Wealth Management LLC lifted its stake in shares of Johnson Controls International by 23.5% during the 1st quarter. Axxcess Wealth Management LLC now owns 12,209 shares of the company’s stock valued at $798,000 after buying an additional 2,327 shares in the last quarter. Advisors Asset Management Inc. boosted its holdings in Johnson Controls International by 7.5% in the 1st quarter. Advisors Asset Management Inc. now owns 34,674 shares of the company’s stock worth $2,265,000 after buying an additional 2,409 shares during the period. LRI Investments LLC purchased a new position in Johnson Controls International in the 1st quarter valued at approximately $198,000. Finally, Epoch Investment Partners Inc. raised its holdings in Johnson Controls International by 0.9% during the 1st quarter. Epoch Investment Partners Inc. now owns 1,129,418 shares of the company’s stock valued at $73,774,000 after acquiring an additional 10,146 shares during the period. Institutional investors own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the company. The Goldman Sachs Group lifted their price target on Johnson Controls International from $73.00 to $81.00 and gave the company a “buy” rating in a research report on Friday, August 2nd. UBS Group initiated coverage on Johnson Controls International in a report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 target price for the company. Wells Fargo & Company increased their price target on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. StockNews.com cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, Morgan Stanley began coverage on shares of Johnson Controls International in a research note on Friday, September 6th. They issued an “overweight” rating and a $85.00 target price on the stock. Twelve 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 presently has an average rating of “Hold” and a consensus price target of $77.21.

Insider Buying and Selling at Johnson Controls International

In other news, COO Nathan D. Manning sold 1,167 shares of the company’s stock in a transaction 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 completion of the sale, the chief operating officer now owns 143,488 shares of the company’s stock, valued at approximately $10,438,752. This represents a 0.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO George Oliver sold 110,616 shares of Johnson Controls International stock in a transaction on 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 completion of the transaction, the chief executive officer now owns 1,244,617 shares in the company, valued at approximately $105,294,598.20. The trade was a 8.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 561,095 shares of company stock worth $44,820,037 over the last ninety days. Insiders own 0.69% of the company’s stock.

Johnson Controls International Trading Up 1.5 %

Shares of JCI stock opened at $84.24 on Friday. The business has a 50-day moving average price of $77.91 and a two-hundred day moving average price of $72.24. Johnson Controls International plc has a 12-month low of $51.70 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 $56.27 billion, a P/E ratio of 33.16, a price-to-earnings-growth ratio of 2.33 and a beta of 1.29.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.76%. The ex-dividend date of this dividend was Wednesday, September 25th. Johnson Controls International’s dividend payout ratio is currently 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.