Zurcher Kantonalbank Zurich Cantonalbank Buys 120 Shares of Johnson Controls International plc (NYSE:JCI)

Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of Johnson Controls International plc (NYSE:JCI) by 0.1% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 230,936 shares of the company’s stock after acquiring an additional 120 shares during the quarter. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Johnson Controls International were worth $17,923,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Metis Global Partners LLC boosted its holdings in Johnson Controls International by 0.4% in the third quarter. Metis Global Partners LLC now owns 28,446 shares of the company’s stock worth $2,208,000 after purchasing an additional 127 shares during the last quarter. Brooklyn Investment Group boosted its stake in shares of Johnson Controls International by 3.5% in the 3rd quarter. Brooklyn Investment Group now owns 4,309 shares of the company’s stock worth $334,000 after buying an additional 144 shares during the last quarter. Summit Trail Advisors LLC grew its holdings in shares of Johnson Controls International by 4.6% in the second quarter. Summit Trail Advisors LLC now owns 3,715 shares of the company’s stock worth $248,000 after acquiring an additional 163 shares during the period. Miracle Mile Advisors LLC increased its position in Johnson Controls International by 1.0% during the third quarter. Miracle Mile Advisors LLC now owns 17,011 shares of the company’s stock valued at $1,320,000 after acquiring an additional 163 shares during the last quarter. Finally, Berry Wealth Group LP lifted its holdings in Johnson Controls International by 0.7% in the third quarter. Berry Wealth Group LP now owns 25,978 shares of the company’s stock valued at $2,016,000 after acquiring an additional 177 shares during the period. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Stock Up 0.2 %

NYSE JCI opened at $83.86 on Friday. 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 plc has a 12 month low of $51.70 and a 12 month high of $87.16. The stock’s 50 day moving average is $79.17 and its 200 day moving average is $73.02. The stock has a market cap of $55.53 billion, a PE ratio of 33.02, a P/E/G ratio of 2.34 and a beta of 1.29.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, October 18th. Investors of record on Wednesday, September 25th were given a dividend of $0.37 per share. The ex-dividend date was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.76%. Johnson Controls International’s dividend payout ratio is 58.27%.

Analyst Ratings Changes

JCI has been the subject of a number of recent research reports. Wells Fargo & Company boosted their price target on Johnson Controls International from $84.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. UBS Group assumed coverage on shares of Johnson Controls International in a report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 target price for the company. Barclays lifted their price target on shares of Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 2nd. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Finally, Oppenheimer lifted their target price on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Twelve equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $77.21.

Insider Activity at Johnson Controls International

In other news, CEO George Oliver sold 110,616 shares of the firm’s stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the completion of the transaction, the chief executive officer now owns 1,244,617 shares in the company, valued at $105,294,598.20. This trade represents a 8.16 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Nathan D. Manning sold 3,000 shares of Johnson Controls International stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total value of $231,240.00. Following the completion of the sale, the chief operating officer now directly owns 140,488 shares in the company, valued at $10,828,815.04. This trade represents a 2.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 741,829 shares of company stock valued at $59,952,007. Corporate insiders own 0.69% of the company’s stock.

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.