Everence Capital Management Inc. Has $2.47 Million Stock Position in Johnson Controls International plc (NYSE:JCI)

Everence Capital Management Inc. lessened its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 31.6% during the 4th quarter, HoldingsChannel reports. The fund owned 31,287 shares of the company’s stock after selling 14,450 shares during the period. Everence Capital Management Inc.’s holdings in Johnson Controls International were worth $2,469,000 as of its most recent SEC filing.

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

Johnson Controls International Price Performance

Shares of NYSE:JCI traded up $0.60 during midday trading on Friday, reaching $79.55. The company’s stock had a trading volume of 585,532 shares, compared to its average volume of 1,167,503. The business’s fifty day simple moving average is $81.53 and its 200-day simple moving average is $74.77. 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 fifty-two week low of $51.71 and a fifty-two week high of $87.16. The company has a market capitalization of $52.68 billion, a P/E ratio of 31.32, a P/E/G ratio of 2.31 and a beta of 1.31.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Shareholders of record on Monday, December 23rd will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.86%. The ex-dividend date of this dividend is Monday, December 23rd. Johnson Controls International’s dividend payout ratio is presently 58.27%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Robert W. Baird upped their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Royal Bank of Canada increased their price target on Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a report on Thursday, November 7th. Mizuho boosted their price objective on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Bank of America upped their price objective on shares of Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Finally, Wells Fargo & Company lifted their target price on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Ten equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $80.93.

Insider Transactions at Johnson Controls International

In other news, 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 value of $8,494,125.85. Following the transaction, the chief executive officer now owns 1,243,751 shares of the company’s stock, valued at $95,507,639.29. This represents a 8.17 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Marlon Sullivan sold 7,230 shares of Johnson Controls International stock in a transaction on Wednesday, December 11th. The stock was 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 approximately $2,687,704.10. This trade represents a 18.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 758,588 shares of company stock worth $62,480,987. Corporate insiders own 0.69% of the company’s stock.

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.