Goelzer Investment Management Inc. Sells 838 Shares of Johnson Controls International plc (NYSE:JCI)

Goelzer Investment Management Inc. reduced its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 1.6% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 52,948 shares of the company’s stock after selling 838 shares during the quarter. Goelzer Investment Management Inc.’s holdings in Johnson Controls International were worth $4,179,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in JCI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position 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 worth $418,439,000 after purchasing an additional 4,514,792 shares during the period. Point72 Asset Management L.P. lifted its stake in shares of Johnson Controls International by 263.9% during the 2nd quarter. Point72 Asset Management L.P. now owns 1,341,919 shares of the company’s stock worth $89,197,000 after buying an additional 973,145 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in shares of Johnson Controls International by 3.4% during the 3rd quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock worth $1,187,084,000 after buying an additional 509,293 shares during the period. Janney Montgomery Scott LLC bought a new stake in shares of Johnson Controls International during the 4th quarter worth about $32,609,000. Finally, Worldquant Millennium Advisors LLC acquired a new position in Johnson Controls International in the 3rd quarter valued at about $25,065,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Johnson Controls International

In other 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 transaction, the executive vice president now directly 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO George Oliver sold 224,152 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of $82.72, for a total value of $18,541,853.44. Following the sale, the chief executive officer now directly owns 1,166,992 shares in the company, valued at approximately $96,533,578.24. This trade represents a 16.11 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 647,787 shares of company stock valued at $53,972,452 over the last ninety days. 0.69% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. Oppenheimer boosted their price objective on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Wells Fargo & Company reduced their price target on Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Citigroup lowered their price objective on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research report on Monday, January 13th. StockNews.com cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 15th. Ten analysts have rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, Johnson Controls International has an average rating of “Hold” and a consensus target price of $82.53.

Johnson Controls International Stock Down 0.5 %

Shares of JCI opened at $81.65 on Friday. The firm has a 50 day simple moving average of $81.67 and a two-hundred day simple moving average of $76.12. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. Johnson Controls International plc has a one year low of $52.02 and a one year high of $87.16. The company has a market cap of $53.90 billion, a P/E ratio of 32.14, a P/E/G ratio of 2.35 and a beta of 1.32.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.81%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is presently 58.27%.

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.