Johnson Controls International plc (NYSE:JCI) Shares Acquired by Boltwood Capital Management

Boltwood Capital Management increased its stake in Johnson Controls International plc (NYSE:JCI) by 13.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,318 shares of the company’s stock after acquiring an additional 740 shares during the period. Boltwood Capital Management’s holdings in Johnson Controls International were worth $499,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nordea Investment Management AB boosted its stake in shares of Johnson Controls International by 5.1% in the 4th quarter. Nordea Investment Management AB now owns 60,970 shares of the company’s stock valued at $4,817,000 after buying an additional 2,953 shares during the period. GAMMA Investing LLC lifted its stake in Johnson Controls International by 14.1% in the fourth quarter. GAMMA Investing LLC now owns 11,519 shares of the company’s stock worth $909,000 after acquiring an additional 1,427 shares during the last quarter. Versant Capital Management Inc grew its holdings in Johnson Controls International by 367.2% during the 4th quarter. Versant Capital Management Inc now owns 1,355 shares of the company’s stock worth $107,000 after acquiring an additional 1,065 shares in the last quarter. B. Riley Wealth Advisors Inc. increased its position in shares of Johnson Controls International by 12.8% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 20,857 shares of the company’s stock valued at $1,615,000 after purchasing an additional 2,366 shares during the last quarter. Finally, Inspire Trust Co. N.A. raised its holdings in shares of Johnson Controls International by 34.8% in the 3rd quarter. Inspire Trust Co. N.A. now owns 62,000 shares of the company’s stock valued at $4,812,000 after purchasing an additional 16,000 shares in the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Johnson Controls International

In related news, EVP Marlon Sullivan sold 7,230 shares of the firm’s stock in a transaction 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 approximately $2,687,704.10. This trade represents a 18.31 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, 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 transaction of $8,494,125.85. Following the sale, the chief executive officer now directly owns 1,243,751 shares in the company, valued at $95,507,639.29. This trade represents a 8.17 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 758,588 shares of company stock worth $62,480,987. 0.69% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. 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 research note on Thursday, November 7th. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Barclays boosted their price objective on Johnson Controls International from $75.00 to $83.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Wells Fargo & Company raised their price objective on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, November 7th. Finally, UBS Group initiated coverage on shares of Johnson Controls International in a research note on Wednesday, November 13th. They issued a “neutral” rating and a $90.00 price objective on the stock. Ten investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $80.93.

Johnson Controls International Trading Up 0.3 %

Shares of NYSE JCI traded up $0.20 during trading on Monday, hitting $80.12. 338,643 shares of the company traded hands, compared to its average volume of 1,362,842. 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 firm has a market capitalization of $53.05 billion, a P/E ratio of 31.54, a P/E/G ratio of 2.31 and a beta of 1.32. The company has a 50-day moving average price of $81.59 and a 200-day moving average price of $74.93. Johnson Controls International plc has a 1 year low of $51.71 and a 1 year high of $87.16.

Johnson Controls International Announces Dividend

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

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.