Trust Co. of Toledo NA OH Boosts Stock Holdings in Johnson Controls International plc (NYSE:JCI)

Trust Co. of Toledo NA OH boosted its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 2.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,218 shares of the company’s stock after purchasing an additional 602 shares during the quarter. Trust Co. of Toledo NA OH’s holdings in Johnson Controls International were worth $2,069,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of JCI. Czech National Bank lifted its holdings in Johnson Controls International by 6.4% in the 4th quarter. Czech National Bank now owns 144,839 shares of the company’s stock valued at $11,432,000 after purchasing an additional 8,758 shares in the last quarter. Graypoint LLC lifted its stake in shares of Johnson Controls International by 4.1% in the fourth quarter. Graypoint LLC now owns 3,277 shares of the company’s stock worth $259,000 after buying an additional 130 shares in the last quarter. ST Germain D J Co. Inc. boosted its position in Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after acquiring an additional 134 shares during the last quarter. First Hawaiian Bank boosted its position in Johnson Controls International by 0.6% during the fourth quarter. First Hawaiian Bank now owns 74,066 shares of the company’s stock worth $5,846,000 after acquiring an additional 463 shares during the last quarter. Finally, Fulton Bank N.A. raised its holdings in Johnson Controls International by 1.2% in the 4th quarter. Fulton Bank N.A. now owns 11,845 shares of the company’s stock valued at $935,000 after acquiring an additional 139 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Stock Down 0.1 %

Johnson Controls International stock traded down $0.10 during mid-day trading on Monday, reaching $78.56. 571,592 shares of the company’s stock were exchanged, compared to its average volume of 2,081,595. The company has a fifty day moving average of $81.89 and a 200-day moving average of $75.34. The company has a market cap of $52.02 billion, a P/E ratio of 30.93, a P/E/G ratio of 2.31 and a beta of 1.32. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a twelve month low of $51.71 and a twelve month high of $87.16.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Monday, December 23rd will be issued a $0.37 dividend. The ex-dividend date is Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.88%. Johnson Controls International’s dividend payout ratio (DPR) is 58.27%.

Insider Buying and Selling at Johnson Controls International

In related news, EVP Marlon Sullivan sold 7,230 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total value of $602,620.50. Following the completion of the sale, the executive vice president now owns 32,246 shares in the company, valued at $2,687,704.10. This represents a 18.31 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO George Oliver sold 124,497 shares of the company’s stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $82.67, for a total transaction of $10,292,166.99. Following the completion of the sale, the chief executive officer now directly owns 1,267,716 shares of the company’s stock, valued at $104,802,081.72. The trade was a 8.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 758,588 shares of company stock valued at $62,480,987. Insiders own 0.69% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on JCI shares. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Mizuho upped their target price on Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a report on Thursday, October 17th. Robert W. Baird lifted their price target on Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Wells Fargo & Company reduced their target price on shares of Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Finally, Bank of America increased their price target on shares of Johnson Controls International from $80.00 to $95.00 and gave the company a “buy” rating in a research note on Friday, September 27th. Ten equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $81.07.

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.