Insigneo Advisory Services LLC Purchases 179 Shares of Johnson Controls International plc (NYSE:JCI)

Insigneo Advisory Services LLC raised its position in shares of Johnson Controls International plc (NYSE:JCI) by 3.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,547 shares of the company’s stock after acquiring an additional 179 shares during the period. Insigneo Advisory Services LLC’s holdings in Johnson Controls International were worth $431,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. International Assets Investment Management LLC bought a new position in Johnson Controls International during the third quarter valued at $7,692,000. CIBC Asset Management Inc boosted its stake in shares of Johnson Controls International by 6.8% during the third quarter. CIBC Asset Management Inc now owns 117,328 shares of the company’s stock valued at $9,106,000 after purchasing an additional 7,433 shares during the period. Cerity Partners LLC boosted its stake in shares of Johnson Controls International by 35.9% during the third quarter. Cerity Partners LLC now owns 56,493 shares of the company’s stock valued at $4,385,000 after purchasing an additional 14,925 shares during the period. Nwam LLC purchased a new stake in shares of Johnson Controls International during the third quarter valued at $701,000. Finally, CWC Advisors LLC. purchased a new stake in shares of Johnson Controls International during the third quarter valued at $892,000. Institutional investors own 90.05% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on JCI shares. Bank of America boosted their target price 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. Wells Fargo & Company boosted their target price on shares of Johnson Controls International from $84.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, November 7th. Oppenheimer boosted their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Mizuho boosted their target price on shares of Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. Finally, Robert W. Baird boosted their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Twelve research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $78.57.

Insider Activity at Johnson Controls International

In related news, CEO George Oliver sold 170,430 shares of the stock in a transaction that occurred on Friday, November 22nd. The shares were sold at an average price of $83.70, for a total transaction of $14,264,991.00. Following the completion of the sale, the chief executive officer now owns 1,166,992 shares of the company’s stock, valued at $97,677,230.40. This represents a 12.74 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, COO Nathan D. Manning sold 3,000 shares of the stock in a transaction that occurred on Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total transaction of $231,240.00. Following the sale, the chief operating officer now directly owns 140,488 shares of the company’s stock, valued at $10,828,815.04. The trade was a 2.09 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 740,662 shares of company stock valued at $59,869,133 over the last 90 days. Insiders own 0.69% of the company’s stock.

Johnson Controls International Trading Up 1.5 %

NYSE JCI opened at $84.34 on Monday. Johnson Controls International plc has a 52 week low of $51.70 and a 52 week high of $87.16. The company has a 50 day moving average price of $79.91 and a 200 day moving average price of $73.54. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The firm has a market cap of $55.85 billion, a PE ratio of 33.20, a price-to-earnings-growth ratio of 2.35 and a beta of 1.31.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Monday, December 23rd will be given a dividend of $0.37 per share. The ex-dividend date is Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.75%. Johnson Controls International’s payout ratio is 58.27%.

About Johnson Controls International

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.