RPg Family Wealth Advisory LLC Buys New Holdings in Johnson Controls International plc (NYSE:JCI)

RPg Family Wealth Advisory LLC purchased a new position in Johnson Controls International plc (NYSE:JCI) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 1,195 shares of the company’s stock, valued at approximately $93,000.

A number of other hedge funds have also recently added to or reduced their stakes in JCI. Cetera Investment Advisers increased its position in shares of Johnson Controls International by 470.9% during the first quarter. Cetera Investment Advisers now owns 157,980 shares of the company’s stock worth $10,319,000 after acquiring an additional 130,308 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Johnson Controls International in the third quarter valued at approximately $7,692,000. CIBC Asset Management Inc lifted its position in shares of Johnson Controls International by 6.8% during the 3rd quarter. CIBC Asset Management Inc now owns 117,328 shares of the company’s stock worth $9,106,000 after buying an additional 7,433 shares in the last quarter. Nwam LLC purchased a new position in shares of Johnson Controls International in the 3rd quarter worth approximately $701,000. Finally, CWC Advisors LLC. bought a new position in shares of Johnson Controls International in the third quarter valued at approximately $892,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on JCI. UBS Group initiated coverage on Johnson Controls International in a report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 price target on the stock. Barclays lifted their price objective on shares of Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 2nd. 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 target for the company. Royal Bank of Canada lifted their price target on 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. Finally, Bank of America increased their price objective on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Twelve analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat, Johnson Controls International has a consensus rating of “Hold” and a consensus target price of $77.21.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of the business’s stock in a transaction dated Monday, September 16th. The shares were sold at an average price of $72.67, for a total value of $8,038,392.05. Following the transaction, the chief executive officer now owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. The trade was a 8.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Nathan D. Manning sold 3,000 shares of the company’s stock in a transaction dated Tuesday, October 1st. The shares were sold at an average price of $77.08, for a total transaction of $231,240.00. Following the transaction, the chief operating officer now directly owns 140,488 shares of the company’s stock, valued at approximately $10,828,815.04. This trade represents a 2.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 741,829 shares of company stock worth $59,952,007. Insiders own 0.69% of the company’s stock.

Johnson Controls International Price Performance

JCI stock opened at $83.71 on Thursday. The firm 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 firm’s fifty day moving average is $78.78 and its 200 day moving average is $72.82. Johnson Controls International plc has a 52 week low of $51.70 and a 52 week 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.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.77%. The ex-dividend date was Wednesday, September 25th. Johnson Controls International’s dividend payout ratio (DPR) is presently 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.