Johnson Controls International plc (NYSE:JCI) Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC grew its holdings in Johnson Controls International plc (NYSE:JCI) by 14.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,519 shares of the company’s stock after purchasing an additional 1,427 shares during the quarter. GAMMA Investing LLC’s holdings in Johnson Controls International were worth $909,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of JCI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Johnson Controls International by 514.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock valued at $418,439,000 after buying an additional 4,514,792 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC increased its position in Johnson Controls International by 686.4% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company’s stock worth $295,487,000 after buying an additional 3,880,146 shares in the last quarter. Point72 Asset Management L.P. raised its holdings in shares of Johnson Controls International by 263.9% in the second quarter. Point72 Asset Management L.P. now owns 1,341,919 shares of the company’s stock worth $89,197,000 after acquiring an additional 973,145 shares during the last quarter. Electron Capital Partners LLC lifted its position in shares of Johnson Controls International by 81.3% in the second quarter. Electron Capital Partners LLC now owns 1,432,335 shares of the company’s stock valued at $95,207,000 after acquiring an additional 642,315 shares in the last quarter. Finally, Interval Partners LP boosted its stake in shares of Johnson Controls International by 601.5% during the second quarter. Interval Partners LP now owns 676,676 shares of the company’s stock valued at $44,979,000 after acquiring an additional 580,212 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Johnson Controls International

In related news, CEO George Oliver sold 110,615 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $76.79, for a total transaction of $8,494,125.85. Following the transaction, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at approximately $95,507,639.29. The trade was a 8.17 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Marlon Sullivan sold 7,230 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the completion of the sale, the executive vice president now directly owns 32,246 shares of the company’s stock, valued at $2,687,704.10. This trade represents a 18.31 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 758,588 shares of company stock valued at $62,480,987 over the last quarter. Company insiders own 0.69% of the company’s stock.

Johnson Controls International Stock Performance

Shares of JCI stock opened at $79.92 on Friday. The company’s fifty day simple moving average is $81.59 and its 200-day simple moving average is $74.85. 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 52 week low of $51.71 and a 52 week high of $87.16. The company has a market cap of $52.92 billion, a PE ratio of 31.46, a P/E/G ratio of 2.31 and a beta of 1.32.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Monday, December 23rd will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.85%. The ex-dividend date of this dividend is Monday, December 23rd. Johnson Controls International’s dividend payout ratio is presently 58.27%.

Analyst Ratings Changes

JCI has been the topic of a number of recent research reports. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Barclays raised their target price on shares of Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. Robert W. Baird boosted their price target on Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Bank of America raised their price objective on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Finally, Oppenheimer increased their target price on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. Ten research analysts have rated the stock with a hold rating and six have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $80.93.

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.