Qsemble Capital Management LP Sells 737 Shares of Johnson Controls International plc (NYSE:JCI)

Qsemble Capital Management LP decreased its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 7.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,044 shares of the company’s stock after selling 737 shares during the quarter. Qsemble Capital Management LP’s holdings in Johnson Controls International were worth $702,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. B. Riley Wealth Advisors Inc. boosted its stake in Johnson Controls International by 3.2% in the 1st quarter. B. Riley Wealth Advisors Inc. now owns 14,210 shares of the company’s stock worth $928,000 after purchasing an additional 438 shares during the period. LRI Investments LLC bought a new position in shares of Johnson Controls International in the first quarter valued at approximately $165,000. Swedbank AB purchased a new position in Johnson Controls International during the first quarter valued at approximately $13,807,000. Atria Investments Inc increased its holdings in Johnson Controls International by 14.2% during the 1st quarter. Atria Investments Inc now owns 62,559 shares of the company’s stock worth $4,086,000 after acquiring an additional 7,762 shares during the period. Finally, PGGM Investments lifted its stake in Johnson Controls International by 8.5% in the 1st quarter. PGGM Investments now owns 52,766 shares of the company’s stock worth $3,447,000 after purchasing an additional 4,124 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

Johnson Controls International stock opened at $83.75 on Wednesday. The company has a market capitalization of $55.46 billion, a PE ratio of 32.97, a P/E/G ratio of 2.33 and a beta of 1.29. Johnson Controls International plc has a twelve month low of $51.70 and a twelve month high of $87.16. The firm has a fifty day simple moving average of $78.57 and a two-hundred day simple moving average of $72.74. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46.

Johnson Controls International Dividend Announcement

The company also recently declared 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%.

Analyst Ratings Changes

Several research firms have recently weighed in on JCI. Morgan Stanley assumed coverage on shares of Johnson Controls International in a report on Friday, September 6th. They issued an “overweight” rating and a $85.00 price target on the stock. 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 target price for the company. The Goldman Sachs Group raised their price target on Johnson Controls International from $73.00 to $81.00 and gave the company a “buy” rating in a report on Friday, August 2nd. Robert W. Baird boosted their price objective on Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Finally, Royal Bank of Canada raised their target price on shares of 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. Twelve investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $77.21.

Insiders Place Their Bets

In related news, CEO George Oliver sold 110,615 shares of the business’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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, COO Nathan D. Manning sold 3,000 shares of the stock in a transaction that occurred 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 completion of the sale, the chief operating officer now owns 140,488 shares of the company’s stock, valued at approximately $10,828,815.04. This trade represents a 2.09 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 741,829 shares of company stock valued at $59,952,007 in the last quarter. Insiders own 0.69% of the company’s stock.

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.