LifePlan Financial LLC Boosts Stock Holdings in Johnson Controls International plc (NYSE:JCI)

LifePlan Financial LLC increased its position in shares of Johnson Controls International plc (NYSE:JCI) by 8.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,231 shares of the company’s stock after buying an additional 324 shares during the quarter. LifePlan Financial LLC’s holdings in Johnson Controls International were worth $334,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the company. Blair William & Co. IL grew its holdings in Johnson Controls International by 13.2% in the second quarter. Blair William & Co. IL now owns 11,676 shares of the company’s stock valued at $776,000 after purchasing an additional 1,358 shares during the period. Seven Eight Capital LP purchased a new position in shares of Johnson Controls International during the 2nd quarter valued at approximately $408,000. Ieq Capital LLC grew its stake in Johnson Controls International by 12.0% in the 2nd quarter. Ieq Capital LLC now owns 28,568 shares of the company’s stock valued at $1,899,000 after acquiring an additional 3,063 shares during the period. Benjamin F. Edwards & Company Inc. increased its holdings in Johnson Controls International by 4.8% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 9,139 shares of the company’s stock worth $607,000 after acquiring an additional 417 shares in the last quarter. Finally, AE Wealth Management LLC raised its position in Johnson Controls International by 1,512.9% during the second quarter. AE Wealth Management LLC now owns 54,160 shares of the company’s stock worth $3,600,000 after acquiring an additional 50,802 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Robert W. Baird boosted their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. cut their price objective on Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating for the company in a research note on Wednesday, January 15th. Mizuho raised their target price on Johnson Controls International from $62.00 to $75.00 and gave the company a “neutral” rating in a research report on Thursday, October 17th. Bank of America boosted their price target on Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Finally, Citigroup decreased their price objective on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a report on Monday, January 13th. Ten equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $82.53.

Johnson Controls International Stock Up 1.1 %

JCI stock opened at $81.34 on Tuesday. Johnson Controls International plc has a one year low of $52.02 and a one year high of $87.16. The firm has a market cap of $53.86 billion, a PE ratio of 32.02, a PEG ratio of 2.32 and a beta of 1.32. The firm’s 50 day moving average price is $81.86 and its 200-day moving average price is $75.92. 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 firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were given a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.82%. Johnson Controls International’s dividend payout ratio is currently 58.27%.

Insider Activity

In other news, 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 value of $9,358,113.60. Following the transaction, the chief executive officer now directly owns 1,244,617 shares in the company, valued at approximately $105,294,598.20. This represents a 8.16 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Marlon Sullivan sold 7,230 shares of the company’s 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 transaction, the executive vice president now owns 32,246 shares in the company, valued at $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. Insiders have sold a total of 647,787 shares of company stock valued at $53,972,452 in the last quarter. Insiders own 0.69% of the company’s stock.

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.