Strategic Blueprint LLC Acquires Shares of 2,857 Johnson Controls International plc (NYSE:JCI)

Strategic Blueprint LLC bought a new position in Johnson Controls International plc (NYSE:JCI) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 2,857 shares of the company’s stock, valued at approximately $226,000.

Several other hedge funds have also recently made changes to their positions in JCI. BSW Wealth Partners purchased a new position in shares of Johnson Controls International in the 4th quarter worth approximately $217,000. Perigon Wealth Management LLC grew its holdings in Johnson Controls International by 419.7% during the 4th quarter. Perigon Wealth Management LLC now owns 19,251 shares of the company’s stock valued at $1,549,000 after purchasing an additional 15,547 shares during the last quarter. Foundations Investment Advisors LLC purchased a new stake in Johnson Controls International in the 4th quarter worth about $201,000. Pacer Advisors Inc. lifted its stake in Johnson Controls International by 14.4% in the fourth quarter. Pacer Advisors Inc. now owns 70,532 shares of the company’s stock worth $5,567,000 after purchasing an additional 8,860 shares during the last quarter. Finally, Blue Trust Inc. boosted its position in shares of Johnson Controls International by 14.4% during the fourth quarter. Blue Trust Inc. now owns 10,150 shares of the company’s stock valued at $788,000 after buying an additional 1,275 shares during the period. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

JCI has been the subject of a number of research analyst reports. Mizuho raised their price target on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Melius Research reaffirmed a “hold” rating and set a $95.00 target price on shares of Johnson Controls International in a research report on Tuesday, January 28th. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. UBS Group initiated coverage on Johnson Controls International in a research report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 price objective on the stock. Finally, Citigroup decreased their price target on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research report on Monday, January 13th. Nine investment 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, Johnson Controls International currently has an average rating of “Hold” and a consensus target price of $87.20.

Insider Buying and Selling

In other news, CEO George Oliver sold 124,497 shares of the stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $82.67, for a total value of $10,292,166.99. Following the transaction, the chief executive officer now directly owns 1,267,716 shares of the company’s stock, valued at approximately $104,802,081.72. This represents a 8.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Marlon Sullivan sold 7,230 shares of the firm’s stock in a transaction dated 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 owns 32,246 shares of the company’s stock, valued at approximately $2,687,704.10. The trade was a 18.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 647,787 shares of company stock worth $53,972,452 in the last 90 days. Insiders own 0.54% of the company’s stock.

Johnson Controls International Trading Down 0.3 %

Shares of Johnson Controls International stock opened at $78.00 on Friday. The firm’s 50 day simple moving average is $80.97 and its two-hundred day simple moving average is $76.50. The firm has a market capitalization of $51.49 billion, a price-to-earnings ratio of 30.71, a PEG ratio of 2.19 and a beta of 1.32. Johnson Controls International plc has a 12-month low of $52.02 and a 12-month high of $87.16. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.90%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s payout ratio is 58.27%.

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.