Johnson Controls International plc (NYSE:JCI) Shares Bought by Avestar Capital LLC

Avestar Capital LLC lifted its position in shares of Johnson Controls International plc (NYSE:JCI) by 17.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,643 shares of the company’s stock after buying an additional 1,117 shares during the period. Avestar Capital LLC’s holdings in Johnson Controls International were worth $593,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in Johnson Controls International by 686.4% in the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company’s stock valued at $295,487,000 after buying an additional 3,880,146 shares during the period. Ceredex Value Advisors LLC acquired a new position in shares of Johnson Controls International in the 2nd quarter worth approximately $73,881,000. Point72 Asset Management L.P. increased its holdings in 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 valued at $89,197,000 after purchasing an additional 973,145 shares during the last quarter. Electron Capital Partners LLC raised its position in Johnson Controls International by 81.3% in the second quarter. Electron Capital Partners LLC now owns 1,432,335 shares of the company’s stock valued at $95,207,000 after purchasing an additional 642,315 shares during the period. Finally, Interval Partners LP lifted its stake in Johnson Controls International by 601.5% during the second quarter. Interval Partners LP now owns 676,676 shares of the company’s stock worth $44,979,000 after purchasing an additional 580,212 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total value of $84,899.25. Following the sale, the chief operating officer now owns 143,488 shares of the company’s stock, valued at approximately $10,438,752. The trade was a 0.81 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Oliver sold 110,615 shares of the business’s stock in a transaction that occurred on Monday, September 16th. The stock was sold at an average price of $72.67, for a total value of $8,038,392.05. Following the transaction, the chief executive officer now owns 1,243,751 shares in the company, valued at $90,383,385.17. The trade was a 8.17 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 741,829 shares of company stock worth $59,952,007. 0.69% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on JCI. 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. Robert W. Baird raised their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. UBS Group started coverage on Johnson Controls International in a report on Wednesday, November 13th. They issued a “neutral” rating and a $90.00 target price on the stock. Oppenheimer lifted their price target on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Finally, Mizuho raised their target price on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Twelve analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $77.21.

Johnson Controls International Trading Up 0.5 %

Shares of Johnson Controls International stock opened at $83.75 on Wednesday. The company’s fifty day moving average is $78.57 and its two-hundred day moving average is $72.74. Johnson Controls International plc has a 1 year low of $51.70 and a 1 year high of $87.16. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. The company has a market capitalization of $55.46 billion, a P/E ratio of 32.97, a PEG ratio of 2.33 and a beta of 1.29.

Johnson Controls International Dividend Announcement

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

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.