Johnson Controls International plc (NYSE:JCI) Shares Sold by Dynamic Advisor Solutions LLC

Dynamic Advisor Solutions LLC lessened its position in shares of Johnson Controls International plc (NYSE:JCI) by 2.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,891 shares of the company’s stock after selling 139 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Johnson Controls International were worth $386,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Public Sector Pension Investment Board boosted its position in Johnson Controls International by 65.1% during the second quarter. Public Sector Pension Investment Board now owns 24,821 shares of the company’s stock worth $1,650,000 after purchasing an additional 9,784 shares in the last quarter. APG Asset Management N.V. lifted its position in shares of Johnson Controls International by 201.7% during the 2nd quarter. APG Asset Management N.V. now owns 84,666 shares of the company’s stock valued at $5,251,000 after buying an additional 56,600 shares in the last quarter. Creative Planning lifted its position in shares of Johnson Controls International by 14.5% during the 2nd quarter. Creative Planning now owns 66,219 shares of the company’s stock valued at $4,402,000 after buying an additional 8,364 shares in the last quarter. NewEdge Advisors LLC increased its holdings in Johnson Controls International by 17.6% in the 2nd quarter. NewEdge Advisors LLC now owns 67,490 shares of the company’s stock worth $4,486,000 after acquiring an additional 10,093 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in Johnson Controls International by 8.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 41,322 shares of the company’s stock worth $2,747,000 after acquiring an additional 3,176 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

NYSE:JCI opened at $77.00 on Tuesday. The company’s 50-day moving average is $81.62 and its two-hundred day moving average is $76.34. Johnson Controls International plc has a 1-year low of $52.02 and a 1-year high of $87.16. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. The firm has a market capitalization of $50.83 billion, a price-to-earnings ratio of 30.31, a PEG ratio of 2.35 and a beta of 1.32.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were given a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.92%. Johnson Controls International’s payout ratio is 58.27%.

Analyst Ratings Changes

Several brokerages have recently issued reports on JCI. Citigroup dropped 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. Barclays boosted their price objective on 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. UBS Group assumed coverage on Johnson Controls International in a research note on Wednesday, November 13th. They issued a “neutral” rating and a $90.00 price target on the stock. Robert W. Baird increased their price objective on Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Finally, Mizuho lifted their target price 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. Ten research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Johnson Controls International presently has a consensus rating of “Hold” and an average price target of $82.53.

Insiders Place Their Bets

In other Johnson Controls International news, CEO George Oliver sold 110,616 shares of the company’s 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. This represents a 8.16 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Marlon Sullivan sold 7,230 shares of Johnson Controls International stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the sale, the executive vice president now 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 disclosure for this sale can be found here. Insiders sold a total of 647,787 shares of company stock valued at $53,972,452 over the last quarter. 0.69% of the stock is owned by insiders.

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.