Johnson Controls International plc (NYSE:JCI) Shares Bought by XTX Topco Ltd

XTX Topco Ltd grew its holdings in Johnson Controls International plc (NYSE:JCI) by 11.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,232 shares of the company’s stock after purchasing an additional 2,345 shares during the period. XTX Topco Ltd’s holdings in Johnson Controls International were worth $1,725,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. International Assets Investment Management LLC acquired a new position in Johnson Controls International in the third quarter valued at about $7,692,000. CIBC Asset Management Inc raised its stake in shares of Johnson Controls International by 6.8% in the 3rd quarter. CIBC Asset Management Inc now owns 117,328 shares of the company’s stock valued at $9,106,000 after acquiring an additional 7,433 shares during the period. Cerity Partners LLC raised its stake in shares of Johnson Controls International by 35.9% in the 3rd quarter. Cerity Partners LLC now owns 56,493 shares of the company’s stock valued at $4,385,000 after acquiring an additional 14,925 shares during the period. Nwam LLC acquired a new position in shares of Johnson Controls International in the 3rd quarter worth approximately $701,000. Finally, CWC Advisors LLC. purchased a new position in shares of Johnson Controls International during the 3rd quarter worth approximately $892,000. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Robert W. Baird boosted their target price on Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Barclays raised their target price on Johnson Controls International from $75.00 to $83.00 and gave the company an “equal weight” rating in a report on Thursday. Morgan Stanley started coverage on shares of Johnson Controls International in a research note on Friday, September 6th. They set an “overweight” rating and a $85.00 price target on the stock. Finally, Bank of America raised their price objective on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Twelve investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, Johnson Controls International presently has a consensus rating of “Hold” and an average target price of $78.57.

Johnson Controls International Stock Performance

Shares of JCI stock opened at $84.34 on Friday. Johnson Controls International plc has a 12 month low of $51.70 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. The company has a market cap of $55.85 billion, a P/E ratio of 33.20, a PEG ratio of 2.34 and a beta of 1.31. The firm has a fifty day moving average price of $79.91 and a 200 day moving average price of $73.54.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Monday, December 23rd will be issued a $0.37 dividend. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.75%. Johnson Controls International’s payout ratio is currently 58.27%.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, COO Nathan D. Manning sold 3,000 shares of the company’s stock in a transaction on Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total value of $231,240.00. Following the completion of the transaction, the chief operating officer now owns 140,488 shares in the company, valued at $10,828,815.04. This represents a 2.09 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.67, for a total value of $8,038,392.05. Following the sale, the chief executive officer now owns 1,243,751 shares in the company, valued at $90,383,385.17. This trade represents a 8.17 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 740,662 shares of company stock valued at $59,869,133. 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.