Crossmark Global Holdings Inc. Acquires 118,393 Shares of Johnson Controls International plc (NYSE:JCI)

Crossmark Global Holdings Inc. grew its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 350.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 152,170 shares of the company’s stock after purchasing an additional 118,393 shares during the period. Crossmark Global Holdings Inc.’s holdings in Johnson Controls International were worth $12,011,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in Johnson Controls International by 514.9% during 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 purchasing an additional 4,514,792 shares in the last quarter. Point72 Asset Management L.P. raised its holdings in shares of Johnson Controls International by 263.9% during the second quarter. Point72 Asset Management L.P. now owns 1,341,919 shares of the company’s stock valued at $89,197,000 after purchasing an additional 973,145 shares during the last quarter. Electron Capital Partners LLC lifted its position in Johnson Controls International by 81.3% during the second quarter. Electron Capital Partners LLC now owns 1,432,335 shares of the company’s stock valued at $95,207,000 after purchasing an additional 642,315 shares during the period. Interval Partners LP boosted its holdings in Johnson Controls International by 601.5% in the second quarter. Interval Partners LP now owns 676,676 shares of the company’s stock worth $44,979,000 after purchasing an additional 580,212 shares during the last quarter. Finally, Davidson Kempner Capital Management LP bought a new position in shares of Johnson Controls International during the 2nd quarter valued at $33,900,000. 90.05% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, EVP Marlon Sullivan sold 7,230 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total value of $602,620.50. Following the sale, the executive vice president now directly owns 32,246 shares of the company’s stock, valued at $2,687,704.10. This represents a 18.31 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO George Oliver sold 110,616 shares of Johnson Controls International 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. The trade was a 8.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 647,787 shares of company stock worth $53,972,452 in the last three months. Corporate insiders own 0.69% of the company’s stock.

Johnson Controls International Stock Up 1.1 %

Shares of JCI stock opened at $81.34 on Tuesday. The stock’s fifty day moving average price is $81.96 and its 200 day moving average price is $75.82. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79. Johnson Controls International plc has a 1-year low of $52.02 and a 1-year high of $87.16. The company has a market cap of $53.86 billion, a price-to-earnings ratio of 32.02, a price-to-earnings-growth ratio of 2.32 and a beta of 1.32.

Johnson Controls International Dividend Announcement

The business 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. This represents a $1.48 annualized dividend and a dividend yield of 1.82%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s payout ratio is currently 58.27%.

Analyst Upgrades and Downgrades

JCI has been the subject of a number of recent analyst reports. Mizuho upped their price target on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Royal Bank of Canada boosted their price target on shares of Johnson Controls International from $81.00 to $86.00 and gave the stock a “sector perform” rating in a research report on Thursday, November 7th. Oppenheimer increased their price objective on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Argus upgraded shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a report on Friday, December 20th. Finally, Bank of America upped their price objective on Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research report on Friday, September 27th. Ten investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $82.53.

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.