Insider Selling: Johnson Controls International plc (NYSE:JCI) CFO Sells 186 Shares of Stock

Johnson Controls International plc (NYSE:JCI) CFO Marc Vandiepenbeeck sold 186 shares of the company’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of $78.60, for a total value of $14,619.60. Following the transaction, the chief financial officer now directly owns 91,372 shares in the company, valued at $7,181,839.20. This trade represents a 0.20 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Marc Vandiepenbeeck also recently made the following trade(s):

• On Tuesday, December 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The stock was sold at an average price of $83.64, for a total value of $15,557.04.
• On Wednesday, November 20th, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $83.61, for a total value of $15,551.46.
• On Monday, October 21st, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $77.47, for a total transaction of $14,409.42.
• On Thursday, October 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $76.30, for a total transaction of $14,191.80.

Johnson Controls International Stock Performance

JCI traded up $0.04 during trading on Monday, hitting $80.31. The stock had a trading volume of 3,293,958 shares, compared to its average volume of 4,786,926. 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 company has a 50 day moving average price of $81.00 and a 200-day moving average price of $74.23. Johnson Controls International plc has a one year low of $51.71 and a one year high of $87.16. The firm has a market cap of $53.18 billion, a price-to-earnings ratio of 31.62, a P/E/G ratio of 2.31 and a beta of 1.31.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Monday, December 23rd will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.84%. Johnson Controls International’s payout ratio is presently 58.27%.

Institutional Investors Weigh In On Johnson Controls International

A number of large investors have recently added to or reduced their stakes in the stock. Fortitude Family Office LLC lifted its position in Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after purchasing an additional 278 shares during the period. Wolff Wiese Magana LLC lifted its holdings in shares of Johnson Controls International by 977.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock worth $37,000 after acquiring an additional 430 shares during the period. Western Pacific Wealth Management LP acquired a new stake in shares of Johnson Controls International during the 3rd quarter worth approximately $44,000. Larson Financial Group LLC increased its stake in Johnson Controls International by 169.3% in the third quarter. Larson Financial Group LLC now owns 738 shares of the company’s stock valued at $57,000 after acquiring an additional 464 shares during the last quarter. Finally, Ashton Thomas Securities LLC acquired a new position in Johnson Controls International during the third quarter valued at approximately $61,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Royal Bank of Canada raised their target price on shares of Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a research report on Thursday, November 7th. Barclays upped their target price on Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. UBS Group assumed coverage on Johnson Controls International in a research report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 price target on the stock. Morgan Stanley assumed coverage on Johnson Controls International in a report on Friday, September 6th. They issued an “overweight” rating and a $85.00 price objective for the company. Finally, 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. Ten investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $80.93.

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.