Foresight Group Ltd Liability Partnership Sells 623 Shares of Johnson Controls International plc (NYSE:JCI)

Foresight Group Ltd Liability Partnership decreased its position in Johnson Controls International plc (NYSE:JCI) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,797 shares of the company’s stock after selling 623 shares during the period. Johnson Controls International comprises approximately 0.7% of Foresight Group Ltd Liability Partnership’s holdings, making the stock its 20th largest holding. Foresight Group Ltd Liability Partnership’s holdings in Johnson Controls International were worth $1,092,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the company. Metis Global Partners LLC raised its stake in shares of Johnson Controls International by 0.4% in the third quarter. Metis Global Partners LLC now owns 28,446 shares of the company’s stock valued at $2,208,000 after purchasing an additional 127 shares in the last quarter. Graypoint LLC increased its holdings in Johnson Controls International by 4.1% in the 4th quarter. Graypoint LLC now owns 3,277 shares of the company’s stock valued at $259,000 after buying an additional 130 shares during the period. ST Germain D J Co. Inc. increased its holdings in Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after buying an additional 134 shares during the period. Fulton Bank N.A. raised its stake in shares of 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 buying an additional 139 shares in the last quarter. Finally, Brooklyn Investment Group lifted its holdings in shares of Johnson Controls International by 3.5% during the 3rd quarter. Brooklyn Investment Group now owns 4,309 shares of the company’s stock worth $334,000 after acquiring an additional 144 shares during the period. Institutional investors own 90.05% of the company’s stock.

Insider Buying and Selling at Johnson Controls International

In related news, EVP Marlon Sullivan sold 7,230 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the completion of 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 represents a 18.31 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO George Oliver sold 110,616 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the completion of the transaction, the chief executive officer now owns 1,244,617 shares of the company’s stock, valued at $105,294,598.20. This trade represents a 8.16 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 647,973 shares of company stock valued at $53,986,862. Corporate insiders own 0.69% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on JCI shares. Mizuho upped their price objective on Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research note on Thursday, October 17th. StockNews.com cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Citigroup reduced their price target on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research report on Monday. Royal Bank of Canada raised their price objective on shares of Johnson Controls International from $81.00 to $86.00 and gave the stock a “sector perform” rating in a report on Thursday, November 7th. Finally, Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target on the stock in a research report on Friday, December 20th. Ten research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat.com, Johnson Controls International presently has a consensus rating of “Hold” and an average price target of $82.53.

Johnson Controls International Trading Up 1.1 %

NYSE JCI opened at $80.34 on Friday. 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 12 month low of $51.71 and a 12 month high of $87.16. The company has a market capitalization of $53.20 billion, a PE ratio of 31.63, a P/E/G ratio of 2.20 and a beta of 1.32. The stock has a 50-day simple moving average of $82.06 and a 200 day simple moving average of $75.55.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Investors of record on Monday, December 23rd will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.84%. The ex-dividend date of this dividend is Monday, December 23rd. Johnson Controls International’s dividend payout ratio is currently 58.27%.

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.