Great Valley Advisor Group Inc. Purchases Shares of 2,573 Johnson Controls International plc (NYSE:JCI)

Great Valley Advisor Group Inc. acquired a new position in Johnson Controls International plc (NYSE:JCI) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 2,573 shares of the company’s stock, valued at approximately $200,000.

A number of other large investors also recently modified their holdings of the stock. Keyes Stange & Wooten Wealth Management LLC boosted its stake in shares of Johnson Controls International by 3.3% in the 3rd quarter. Keyes Stange & Wooten Wealth Management LLC now owns 8,584 shares of the company’s stock worth $666,000 after buying an additional 276 shares during the last quarter. Stonebrook Private Inc. boosted its position in Johnson Controls International by 1.8% in the third quarter. Stonebrook Private Inc. now owns 26,627 shares of the company’s stock worth $2,067,000 after purchasing an additional 462 shares during the last quarter. Nwam LLC purchased a new position in Johnson Controls International in the third quarter worth $701,000. Icon Wealth Advisors LLC grew its stake in Johnson Controls International by 387.7% in the 3rd quarter. Icon Wealth Advisors LLC now owns 13,645 shares of the company’s stock valued at $1,059,000 after purchasing an additional 10,847 shares during the period. Finally, Raymond James Trust N.A. increased its position in shares of Johnson Controls International by 20.0% during the 3rd quarter. Raymond James Trust N.A. now owns 51,296 shares of the company’s stock valued at $3,981,000 after purchasing an additional 8,538 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Price Performance

Shares of NYSE:JCI opened at $83.71 on Friday. Johnson Controls International plc has a 12 month low of $51.70 and a 12 month high of $87.16. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. The stock has a market cap of $55.43 billion, a P/E ratio of 32.96, a P/E/G ratio of 2.33 and a beta of 1.29. The company has a 50 day moving average of $78.97 and a 200 day moving average of $72.89.

Johnson Controls International Announces Dividend

The company also recently declared 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 was Wednesday, September 25th. This represents a $1.48 annualized dividend and a dividend yield of 1.77%. Johnson Controls International’s payout ratio is currently 58.27%.

Insider Buying and Selling

In related news, COO Nathan D. Manning sold 1,167 shares of the firm’s stock in a transaction that occurred on Tuesday, September 3rd. The shares were sold at an average price of $72.75, for a total value of $84,899.25. Following the sale, the chief operating officer now directly owns 143,488 shares of the company’s stock, valued at $10,438,752. This trade 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 through the SEC website. Also, CEO George Oliver sold 110,615 shares of the 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 completion of the transaction, the chief executive officer now directly owns 1,243,751 shares in the company, valued at $95,507,639.29. The trade was a 8.17 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 741,829 shares of company stock worth $59,952,007. Corporate insiders own 0.69% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Robert W. Baird increased their price target on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. UBS Group assumed coverage on shares of Johnson Controls International in a research note on Wednesday, November 13th. They set a “neutral” rating and a $90.00 price target for the company. Morgan Stanley initiated coverage on Johnson Controls International in a research note on Friday, September 6th. They issued an “overweight” rating and a $85.00 price objective on the stock. The Goldman Sachs Group boosted their target price on Johnson Controls International from $73.00 to $81.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. Finally, Barclays increased their price target 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 research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $77.21.

Johnson Controls International 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.