Advisors Management Group Inc. ADV Purchases 1,194 Shares of Johnson Controls International plc (NYSE:JCI)

Advisors Management Group Inc. ADV raised its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 3.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 31,794 shares of the company’s stock after buying an additional 1,194 shares during the period. Advisors Management Group Inc. ADV’s holdings in Johnson Controls International were worth $2,509,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Thurston Springer Miller Herd & Titak Inc. grew its position in Johnson Controls International by 861.7% in the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,154 shares of the company’s stock valued at $91,000 after purchasing an additional 1,034 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of Johnson Controls International by 101.5% during the 4th quarter. Park Avenue Securities LLC now owns 26,517 shares of the company’s stock worth $2,093,000 after buying an additional 13,360 shares during the last quarter. SeaCrest Wealth Management LLC grew its holdings in shares of Johnson Controls International by 3.2% in the 4th quarter. SeaCrest Wealth Management LLC now owns 4,925 shares of the company’s stock valued at $389,000 after acquiring an additional 154 shares in the last quarter. Accurate Wealth Management LLC grew its holdings in shares of Johnson Controls International by 18.1% in the 4th quarter. Accurate Wealth Management LLC now owns 4,495 shares of the company’s stock valued at $354,000 after acquiring an additional 690 shares in the last quarter. Finally, Cullen Investment Group LTD. increased its position in shares of Johnson Controls International by 2.8% in the fourth quarter. Cullen Investment Group LTD. now owns 82,902 shares of the company’s stock valued at $6,543,000 after acquiring an additional 2,225 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Barclays increased their price target on Johnson Controls International from $75.00 to $83.00 and gave the company an “equal weight” rating in a research report on Thursday, December 5th. Royal Bank of Canada increased their price objective on Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a report on Thursday, November 7th. Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a report on Friday, December 20th. JPMorgan Chase & Co. cut their price target on shares of Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating for the company in a research note on Wednesday. Finally, Wells Fargo & Company decreased their price objective on shares of Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Ten equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, Johnson Controls International currently has an average rating of “Hold” and an average target price of $82.53.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 224,152 shares of the stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the transaction, the chief executive officer now owns 1,166,992 shares in the company, valued at $96,533,578.24. This represents a 16.11 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Marlon Sullivan sold 7,230 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the transaction, the executive vice president now directly owns 32,246 shares in the company, valued at $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. Over the last 90 days, insiders sold 647,973 shares of company stock valued at $53,986,862. 0.69% of the stock is currently owned by corporate insiders.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $79.43 on Thursday. The firm has a market cap of $52.60 billion, a P/E ratio of 31.27, a price-to-earnings-growth ratio of 2.20 and a beta of 1.32. The business’s 50 day moving average is $82.10 and its 200-day moving average is $75.52. 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 1-year low of $51.71 and a 1-year high of $87.16.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Monday, December 23rd will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.86%. The ex-dividend date of this dividend is Monday, December 23rd. Johnson Controls International’s payout ratio is 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.