LifePlan Financial LLC Acquires 324 Shares of Johnson Controls International plc (NYSE:JCI)

LifePlan Financial LLC increased its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 8.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 4,231 shares of the company’s stock after acquiring an additional 324 shares during the period. LifePlan Financial LLC’s holdings in Johnson Controls International were worth $334,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Blair William & Co. IL increased its stake in Johnson Controls International by 13.2% in the 2nd quarter. Blair William & Co. IL now owns 11,676 shares of the company’s stock worth $776,000 after buying an additional 1,358 shares during the period. Seven Eight Capital LP purchased a new position in shares of Johnson Controls International during the second quarter worth approximately $408,000. Ieq Capital LLC raised its stake in shares of Johnson Controls International by 12.0% during the second quarter. Ieq Capital LLC now owns 28,568 shares of the company’s stock valued at $1,899,000 after acquiring an additional 3,063 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its stake in shares of Johnson Controls International by 4.8% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 9,139 shares of the company’s stock valued at $607,000 after acquiring an additional 417 shares in the last quarter. Finally, AE Wealth Management LLC boosted its holdings in shares of Johnson Controls International by 1,512.9% in the second quarter. AE Wealth Management LLC now owns 54,160 shares of the company’s stock valued at $3,600,000 after purchasing an additional 50,802 shares during the period. Institutional investors own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. 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. Mizuho upped their price objective on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Citigroup cut their target price on shares of 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. Bank of America upped their price target on shares of Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Finally, Wells Fargo & Company cut their price objective on shares of Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Ten equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $82.53.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, EVP Marlon Sullivan sold 7,230 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total value of $602,620.50. Following the sale, the executive vice president now directly owns 32,246 shares of the company’s stock, valued at approximately $2,687,704.10. This represents a 18.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO George Oliver sold 110,616 shares of Johnson Controls International stock in a transaction dated Friday, November 15th. The shares were sold at an average price of $84.60, for a total value of $9,358,113.60. Following the transaction, the chief executive officer now owns 1,244,617 shares of the company’s stock, valued at $105,294,598.20. The trade was a 8.16 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 647,787 shares of company stock valued at $53,972,452 in the last ninety days. Company insiders own 0.69% of the company’s stock.

Johnson Controls International Stock Up 1.1 %

JCI stock opened at $81.34 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a 52 week low of $52.02 and a 52 week high of $87.16. The stock has a market capitalization of $53.86 billion, a PE ratio of 32.02, a price-to-earnings-growth ratio of 2.32 and a beta of 1.32. The firm has a 50 day moving average of $81.86 and a 200 day moving average of $75.92.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.82%. 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.