Johnson Controls International plc (NYSE:JCI) Holdings Lifted by Busey Bank

Busey Bank grew its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 194,072 shares of the company’s stock after buying an additional 4,896 shares during the period. Busey Bank’s holdings in Johnson Controls International were worth $15,318,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Park Avenue Securities LLC grew its stake in shares of Johnson Controls International by 101.5% in the fourth quarter. Park Avenue Securities LLC now owns 26,517 shares of the company’s stock worth $2,093,000 after purchasing an additional 13,360 shares in the last quarter. Y Intercept Hong Kong Ltd grew its position in 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 increased its stake in Johnson Controls International by 0.5% during 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 during the period. BNC Wealth Management LLC acquired a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $2,093,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of Johnson Controls International in the 3rd quarter worth approximately $7,692,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Johnson Controls International

In other news, CEO George Oliver sold 224,152 shares of the stock in a transaction 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 can be accessed through this hyperlink. Also, EVP Marlon Sullivan sold 7,230 shares of the firm’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the transaction, the executive vice president now owns 32,246 shares in the company, valued at $2,687,704.10. This represents a 18.31 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 647,787 shares of company stock valued at $53,972,452. Insiders own 0.69% of the company’s stock.

Johnson Controls International Stock Up 0.3 %

Johnson Controls International stock opened at $76.37 on Thursday. Johnson Controls International plc has a twelve month low of $52.02 and a twelve month 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 firm has a market cap of $50.41 billion, a PE ratio of 30.06, a P/E/G ratio of 2.35 and a beta of 1.32. The firm’s 50 day moving average price is $81.34 and its two-hundred day moving average price is $76.44.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were issued a dividend of $0.37 per share. The ex-dividend date was Monday, December 23rd. This represents a $1.48 annualized dividend and a dividend yield of 1.94%. Johnson Controls International’s dividend payout ratio is 58.27%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Melius Research reissued a “hold” rating and set a $95.00 target price on shares of Johnson Controls International in a report on Tuesday. Barclays upped 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 report on Thursday, December 5th. Mizuho lifted their price objective on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Argus raised shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a research note on Friday, December 20th. Finally, Wells Fargo & Company decreased their price target on shares of Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Eleven analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $84.00.

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.