Friedenthal Financial Acquires Shares of 626 Johnson Controls International plc (NYSE:JCI)

Friedenthal Financial bought a new position in Johnson Controls International plc (NYSE:JCI) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 626 shares of the company’s stock, valued at approximately $49,000.

Several other institutional investors also recently modified their holdings of JCI. State Street Corp grew its holdings in Johnson Controls International by 1.1% in the third quarter. State Street Corp now owns 27,939,766 shares of the company’s stock worth $2,178,595,000 after purchasing an additional 300,712 shares during the period. Fisher Asset Management LLC boosted its position in shares of Johnson Controls International by 3.4% in the 3rd quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock worth $1,187,084,000 after purchasing an additional 509,293 shares in the last quarter. Geode Capital Management LLC grew its stake in shares of Johnson Controls International by 0.5% in the 3rd quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock worth $1,041,822,000 after buying an additional 71,493 shares during the last quarter. Dimensional Fund Advisors LP increased its position in Johnson Controls International by 8.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 5,855,075 shares of the company’s stock valued at $389,214,000 after buying an additional 479,548 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Johnson Controls International by 514.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock valued at $418,439,000 after buying an additional 4,514,792 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, EVP Marlon Sullivan sold 7,230 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total value of $602,620.50. Following the completion of the sale, the executive vice president now owns 32,246 shares in the company, valued at approximately $2,687,704.10. This represents a 18.31 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO George Oliver sold 110,616 shares of Johnson Controls International stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $84.60, for a total value of $9,358,113.60. Following the sale, the chief executive officer now directly owns 1,244,617 shares in the company, valued at $105,294,598.20. This trade represents a 8.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 647,973 shares of company stock worth $53,986,862 in the last 90 days. 0.69% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on JCI. Citigroup reduced their price target on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a report on Monday. Wells Fargo & Company decreased their target price on shares of Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Barclays raised their price target on shares of 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. Bank of America upped their price objective on Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, September 27th. Finally, Oppenheimer lifted their target price on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Ten investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to MarketBeat, Johnson Controls International presently has an average rating of “Hold” and a consensus target price of $82.21.

Johnson Controls International Price Performance

NYSE JCI opened at $79.37 on Tuesday. The company has a 50-day moving average price of $81.99 and a 200-day moving average price of $75.43. Johnson Controls International plc has a 52 week low of $51.71 and a 52 week 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 capitalization of $52.56 billion, a P/E ratio of 31.25, a PEG ratio of 2.31 and a beta of 1.32.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Monday, December 23rd will be given a $0.37 dividend. The ex-dividend date is Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.86%. Johnson Controls International’s payout ratio is presently 58.27%.

Johnson Controls International Company 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.