Johnson Controls International plc (NYSE:JCI) VP Nathan D. Manning Sells 1,421 Shares

Johnson Controls International plc (NYSE:JCI) VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total transaction of $108,621.24. Following the completion of the sale, the vice president now directly owns 148,346 shares in the company, valued at $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Johnson Controls International Trading Up 0.5 %

Shares of NYSE:JCI opened at $77.35 on Wednesday. Johnson Controls International plc has a 52 week low of $52.79 and a 52 week high of $87.16. The company’s 50 day moving average is $80.85 and its two-hundred day moving average is $76.63. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. The company has a market cap of $51.06 billion, a PE ratio of 30.45, a P/E/G ratio of 2.24 and a beta of 1.32.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.91%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s payout ratio is 58.27%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Royal Bank of Canada boosted their price target 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. Citigroup cut their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research note on Monday, January 13th. Oppenheimer upped their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. StockNews.com downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Finally, Wells Fargo & Company cut their target price on shares of Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Nine analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $87.20.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Park Avenue Securities LLC boosted its holdings in shares of Johnson Controls International by 101.5% in the 4th quarter. Park Avenue Securities LLC now owns 26,517 shares of the company’s stock valued at $2,093,000 after buying an additional 13,360 shares in the last quarter. Y Intercept Hong Kong Ltd boosted its holdings in shares of Johnson Controls International by 136.8% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 91,248 shares of the company’s stock valued at $7,082,000 after buying an additional 52,719 shares in the last quarter. Geode Capital Management LLC boosted its holdings 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 valued at $1,041,822,000 after buying an additional 71,493 shares in the last quarter. BNC Wealth Management LLC acquired a new position in shares of Johnson Controls International in the 4th quarter valued at $2,093,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Johnson Controls International in the 3rd quarter valued at $7,692,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

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.