Central Valley Advisors LLC Purchases Shares of 5,018 Johnson Controls International plc (NYSE:JCI)

Central Valley Advisors LLC bought a new stake in Johnson Controls International plc (NYSE:JCI) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,018 shares of the company’s stock, valued at approximately $389,000.

A number of other large investors also recently added to or reduced their stakes in the company. Rise Advisors LLC purchased a new position in Johnson Controls International during the 1st quarter valued at about $25,000. Continuum Advisory LLC increased its stake in Johnson Controls International by 65.2% during the 2nd quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock worth $35,000 after buying an additional 208 shares during the period. Hexagon Capital Partners LLC boosted its position in Johnson Controls International by 39.7% in the 2nd quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock valued at $47,000 after buying an additional 202 shares during the period. Friedenthal Financial purchased a new stake in shares of Johnson Controls International during the second quarter worth $47,000. Finally, Centerpoint Advisors LLC boosted its holdings in Johnson Controls International by 126.8% in the first quarter. Centerpoint Advisors LLC now owns 737 shares of the company’s stock valued at $48,000 after purchasing an additional 412 shares during the period. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO George Oliver sold 110,615 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the transaction, the chief executive officer now directly owns 1,243,751 shares in the company, valued at $90,383,385.17. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. In related news, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction that occurred on 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 directly owns 1,243,751 shares in the company, valued at $90,383,385.17. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Nathan D. Manning sold 3,000 shares of the stock in a transaction on Tuesday, October 1st. The stock was 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 of the company’s stock, valued at $10,828,815.04. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 116,879 shares of company stock worth $8,503,656. 0.69% of the stock is owned by insiders.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock traded up $0.19 during trading on Friday, reaching $75.68. The company’s stock had a trading volume of 2,436,050 shares, compared to its average volume of 5,141,395. The company has a 50-day moving average price of $71.35 and a two-hundred day moving average price of $68.74. Johnson Controls International plc has a fifty-two week low of $47.90 and a fifty-two week high of $78.23. The firm has a market cap of $50.55 billion, a PE ratio of 30.64, a P/E/G ratio of 1.87 and a beta of 1.29. The company has a current ratio of 0.96, a quick ratio of 0.73 and a debt-to-equity ratio of 0.46.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $1.14 EPS for the quarter, beating analysts’ consensus estimates of $1.08 by $0.06. Johnson Controls International had a net margin of 6.02% and a return on equity of 13.64%. The company had revenue of $7.23 billion for the quarter, compared to analyst estimates of $7.53 billion. During the same period in the previous year, the business posted $1.03 earnings per share. Johnson Controls International’s quarterly revenue was up 1.4% on a year-over-year basis. On average, analysts forecast that Johnson Controls International plc will post 3.68 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 18th. Shareholders of record on Wednesday, September 25th will be paid a $0.37 dividend. The ex-dividend date is Wednesday, September 25th. This represents a $1.48 annualized dividend and a yield of 1.96%. Johnson Controls International’s dividend payout ratio is currently 59.92%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on JCI. Morgan Stanley initiated coverage on Johnson Controls International in a research report on Friday, September 6th. They set an “overweight” rating and a $85.00 price objective for the company. Barclays boosted their price target on shares of Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a report on Wednesday. StockNews.com upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating in a report on Friday, August 2nd. Oppenheimer lifted their price objective on shares of Johnson Controls International from $79.00 to $86.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Bank of America increased their target price on Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a report on Friday, September 27th. Eleven research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to MarketBeat.com, Johnson Controls International currently has an average rating of “Hold” and a consensus target price of $72.21.

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.