Versant Capital Management Inc Has $107,000 Position in Johnson Controls International plc (NYSE:JCI)

Versant Capital Management Inc boosted its position in Johnson Controls International plc (NYSE:JCI) by 367.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,355 shares of the company’s stock after buying an additional 1,065 shares during the quarter. Versant Capital Management Inc’s holdings in Johnson Controls International were worth $107,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Johnson Controls International by 514.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock worth $418,439,000 after purchasing an additional 4,514,792 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its position in Johnson Controls International by 686.4% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company’s stock valued at $295,487,000 after purchasing an additional 3,880,146 shares in the last quarter. Point72 Asset Management L.P. increased its stake in Johnson Controls International by 263.9% in the 2nd quarter. Point72 Asset Management L.P. now owns 1,341,919 shares of the company’s stock valued at $89,197,000 after buying an additional 973,145 shares during the last quarter. Electron Capital Partners LLC grew its holdings in shares of Johnson Controls International by 81.3% in the 2nd 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 increased its position in shares of Johnson Controls International by 601.5% in 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. Institutional investors own 90.05% of the company’s stock.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $76.79, for a total value of $8,494,125.85. Following the completion of the transaction, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at $95,507,639.29. The trade was a 8.17 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Marlon Sullivan sold 7,230 shares of the business’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total value of $602,620.50. Following the completion of the transaction, the executive vice president now directly owns 32,246 shares of the company’s stock, valued at approximately $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 worth $62,480,987 in the last ninety days. 0.69% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a research note on Friday, December 20th. Royal Bank of Canada increased their price objective on Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a report on Thursday, November 7th. Robert W. Baird boosted their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Oppenheimer increased their price target 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. Finally, Barclays boosted their price objective on shares of Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 5th. Ten research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $80.93.

Johnson Controls International Trading Up 1.2 %

Shares of JCI stock opened at $79.92 on Friday. Johnson Controls International plc has a 12-month low of $51.71 and a 12-month high of $87.16. The firm has a 50 day moving average price of $81.59 and a two-hundred day moving average price of $74.85. 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 company has a market capitalization of $52.92 billion, a PE ratio of 31.46, a price-to-earnings-growth ratio of 2.31 and a beta of 1.32.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Monday, December 23rd will be issued a dividend of $0.37 per share. The ex-dividend date is Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.85%. Johnson Controls International’s payout ratio is currently 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.