Johnson Controls International plc (NYSE:JCI) Shares Sold by Uncommon Cents Investing LLC

Uncommon Cents Investing LLC lessened its holdings in Johnson Controls International plc (NYSE:JCI) by 2.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,563 shares of the company’s stock after selling 431 shares during the quarter. Uncommon Cents Investing LLC’s holdings in Johnson Controls International were worth $1,623,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in JCI. UMB Bank n.a. boosted its holdings in shares of Johnson Controls International by 18.7% in the 4th quarter. UMB Bank n.a. now owns 2,846 shares of the company’s stock valued at $225,000 after buying an additional 448 shares during the period. Grove Bank & Trust lifted its holdings in Johnson Controls International by 14.4% in the fourth quarter. Grove Bank & Trust now owns 2,648 shares of the company’s stock worth $209,000 after acquiring an additional 333 shares during the last quarter. Aaron Wealth Advisors LLC lifted its holdings in Johnson Controls International by 61.2% in the fourth quarter. Aaron Wealth Advisors LLC now owns 4,389 shares of the company’s stock worth $346,000 after acquiring an additional 1,667 shares during the last quarter. BNC Wealth Management LLC acquired a new position in Johnson Controls International in the fourth quarter valued at approximately $2,093,000. Finally, Bowman & Co S.C. grew its holdings in shares of Johnson Controls International by 1.7% during the fourth quarter. Bowman & Co S.C. now owns 18,305 shares of the company’s stock valued at $1,444,000 after purchasing an additional 312 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insider Buying and Selling

In other news, EVP Marlon Sullivan sold 7,230 shares of the business’s stock in a transaction 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 sale, the executive vice president now directly owns 32,246 shares of the company’s stock, valued at $2,687,704.10. The trade was a 18.31 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO George Oliver sold 124,497 shares of the stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $82.67, for a total value of $10,292,166.99. Following the completion of the transaction, the chief executive officer now owns 1,267,716 shares of the company’s stock, valued at $104,802,081.72. This trade represents a 8.94 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 647,787 shares of company stock worth $53,972,452 in the last ninety days. 0.69% of the stock is currently owned by corporate insiders.

Johnson Controls International Trading Up 1.1 %

Shares of JCI stock opened at $81.34 on Monday. 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 stock has a 50-day simple moving average of $81.96 and a 200 day simple moving average of $75.76. Johnson Controls International plc has a fifty-two week low of $52.02 and a fifty-two week high of $87.16. The stock has a market capitalization of $53.86 billion, a P/E ratio of 32.02, a P/E/G ratio of 2.20 and a beta of 1.32.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were issued a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.82%. Johnson Controls International’s payout ratio is currently 58.27%.

Wall Street Analysts Forecast Growth

JCI has been the topic of several recent research reports. Royal Bank of Canada raised their price target on Johnson Controls International from $81.00 to $86.00 and gave the stock a “sector perform” rating in a report on Thursday, November 7th. Citigroup cut their target price on 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. Barclays upped their price target on shares of Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a research 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 company a “neutral” rating in a research report on Thursday, October 17th. Finally, Robert W. Baird upped their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Ten analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $82.53.

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.