Sigma Planning Corp Sells 138 Shares of Johnson Controls International plc (NYSE:JCI)

Sigma Planning Corp cut its holdings in Johnson Controls International plc (NYSE:JCI) by 2.8% during the 3rd quarter, Holdings Channel reports. The fund owned 4,798 shares of the company’s stock after selling 138 shares during the period. Sigma Planning Corp’s holdings in Johnson Controls International were worth $372,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the business. Cetera Investment Advisers lifted its position in Johnson Controls International by 470.9% during the first quarter. Cetera Investment Advisers now owns 157,980 shares of the company’s stock valued at $10,319,000 after purchasing an additional 130,308 shares in the last quarter. Epoch Investment Partners Inc. increased its position in Johnson Controls International by 0.9% in the first quarter. Epoch Investment Partners Inc. now owns 1,129,418 shares of the company’s stock worth $73,774,000 after buying an additional 10,146 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Johnson Controls International in the third quarter worth about $7,692,000. Orion Portfolio Solutions LLC lifted its position in shares of Johnson Controls International by 15.8% during the 1st quarter. Orion Portfolio Solutions LLC now owns 27,191 shares of the company’s stock valued at $1,776,000 after buying an additional 3,717 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC lifted its position in shares of Johnson Controls International by 29.1% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 39,436 shares of the company’s stock valued at $2,576,000 after buying an additional 8,897 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insider Activity

In other Johnson Controls International news, COO Nathan D. Manning sold 1,167 shares of the company’s stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $72.75, for a total transaction of $84,899.25. Following the sale, the chief operating officer now directly owns 143,488 shares in the company, valued at $10,438,752. This represents a 0.81 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO George Oliver sold 110,615 shares of Johnson Controls International stock in a transaction that occurred 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 owns 1,243,751 shares of the company’s stock, valued at approximately $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 three months, insiders have sold 226,141 shares of company stock worth $16,904,519. 0.69% of the stock is currently owned by corporate insiders.

Johnson Controls International Stock Down 0.9 %

NYSE JCI opened at $84.40 on Friday. The stock has a 50 day moving average price of $76.51 and a 200-day moving average price of $71.51. Johnson Controls International plc has a one year low of $51.40 and a one year high of $87.16. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. The company has a market capitalization of $56.38 billion, a P/E ratio of 33.46, a P/E/G ratio of 2.39 and a beta of 1.29.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were issued a $0.37 dividend. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.75%. Johnson Controls International’s dividend payout ratio (DPR) is presently 58.27%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Royal Bank of Canada increased their target price on shares of Johnson Controls International from $81.00 to $86.00 and gave the stock a “sector perform” rating in a report on Thursday, November 7th. Robert W. Baird lifted their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. Mizuho upped their target price on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, Barclays upped their price objective on Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 2nd. Twelve analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Johnson Controls International presently has an average rating of “Hold” and a consensus target price of $77.21.

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.