First Hawaiian Bank Acquires 463 Shares of Johnson Controls International plc (NYSE:JCI)

First Hawaiian Bank lifted its stake in Johnson Controls International plc (NYSE:JCI) by 0.6% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 74,066 shares of the company’s stock after purchasing an additional 463 shares during the quarter. First Hawaiian Bank’s holdings in Johnson Controls International were worth $5,846,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Johnson Controls International by 514.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock worth $418,439,000 after purchasing an additional 4,514,792 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC raised its holdings in shares of Johnson Controls International by 686.4% during the 2nd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 4,445,418 shares of the company’s stock worth $295,487,000 after buying an additional 3,880,146 shares in the last quarter. Point72 Asset Management L.P. lifted its position in shares of Johnson Controls International by 263.9% during the 2nd quarter. Point72 Asset Management L.P. now owns 1,341,919 shares of the company’s stock worth $89,197,000 after buying an additional 973,145 shares during the last quarter. Electron Capital Partners LLC boosted its stake in Johnson Controls International by 81.3% in the second quarter. Electron Capital Partners LLC now owns 1,432,335 shares of the company’s stock valued at $95,207,000 after buying an additional 642,315 shares in the last quarter. Finally, Interval Partners LP grew its position in Johnson Controls International by 601.5% in the second quarter. Interval Partners LP now owns 676,676 shares of the company’s stock valued at $44,979,000 after acquiring an additional 580,212 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on JCI shares. Bank of America raised 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. Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a research note on Friday, December 20th. Oppenheimer boosted their price objective on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Finally, Wells Fargo & Company lowered their price objective on Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating for the company in a research note on Tuesday. Ten research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, Johnson Controls International currently has an average rating of “Hold” and a consensus target price of $81.07.

Johnson Controls International Trading Up 1.1 %

NYSE JCI traded up $0.89 during trading hours on Wednesday, hitting $80.06. 2,185,119 shares of the company’s stock were exchanged, compared to its average volume of 2,216,900. The firm has a market cap of $53.01 billion, a price-to-earnings ratio of 31.52, a PEG ratio of 2.31 and a beta of 1.32. The stock has a 50-day simple moving average of $81.66 and a 200 day simple moving average of $75.08. The company has a current ratio of 0.94, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. Johnson Controls International plc has a 1-year low of $51.71 and a 1-year high of $87.16.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Monday, December 23rd will be given a dividend of $0.37 per share. The ex-dividend date is Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.85%. Johnson Controls International’s payout ratio is presently 58.27%.

Insider Buying and Selling

In other news, CEO George Oliver sold 110,615 shares of the business’s stock in a transaction dated Tuesday, October 15th. The shares were sold at an average price of $76.79, for a total transaction of $8,494,125.85. Following the completion of the sale, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at $95,507,639.29. The trade was a 8.17 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Marlon Sullivan sold 7,230 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the completion of the transaction, the executive vice president now directly owns 32,246 shares in the company, valued at approximately $2,687,704.10. The trade was a 18.31 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 758,588 shares of company stock valued at $62,480,987 over the last ninety days. 0.69% of the stock is owned by corporate insiders.

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.