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 firm’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 owns 148,346 shares of the company’s stock, valued at approximately $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Johnson Controls International Stock Up 0.5 %

JCI opened at $77.35 on Wednesday. Johnson Controls International plc has a fifty-two week low of $52.79 and a fifty-two week 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 company has a fifty day moving average of $80.85 and a two-hundred day moving average of $76.63. The stock has a market capitalization of $51.06 billion, a price-to-earnings ratio of 30.45, a PEG ratio of 2.24 and a beta of 1.32.

Johnson Controls International Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price objective for the company in a research note on Friday, December 20th. Oppenheimer lifted their price objective 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. Barclays lifted their price objective on shares of Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 5th. UBS Group assumed coverage on shares of Johnson Controls International in a research note on Wednesday, November 13th. They set a “neutral” rating and a $90.00 price objective for the company. Finally, Melius downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective for the company. in a research note on Tuesday, January 28th. Nine analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $87.20.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JCI. Compass Financial Services Inc purchased a new stake in shares of Johnson Controls International during the fourth quarter worth about $26,000. Fortitude Family Office LLC increased its stake in shares of Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after purchasing an additional 278 shares in the last quarter. Wolff Wiese Magana LLC increased its stake in shares of Johnson Controls International by 977.3% during the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock worth $37,000 after purchasing an additional 430 shares in the last quarter. Synergy Asset Management LLC purchased a new stake in shares of Johnson Controls International during the fourth quarter worth about $42,000. Finally, ST Germain D J Co. Inc. increased its stake in shares of Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after purchasing an additional 134 shares in the last quarter. Hedge funds and other institutional investors 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.