Johnson Controls International PLC (JCI) Shares Bought by Boston Family Office LLC

Boston Family Office LLC raised its holdings in Johnson Controls International PLC (NYSE:JCI) by 123.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,714 shares of the auto parts company’s stock after buying an additional 8,116 shares during the period. Boston Family Office LLC’s holdings in Johnson Controls International were worth $515,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Atria Investments LLC increased its stake in shares of Johnson Controls International by 7.2% during the second quarter. Atria Investments LLC now owns 23,502 shares of the auto parts company’s stock worth $786,000 after purchasing an additional 1,575 shares during the period. Creative Planning increased its stake in shares of Johnson Controls International by 3.9% during the third quarter. Creative Planning now owns 45,394 shares of the auto parts company’s stock worth $1,589,000 after purchasing an additional 1,688 shares during the period. Busey Trust CO increased its stake in shares of Johnson Controls International by 1.9% during the third quarter. Busey Trust CO now owns 91,284 shares of the auto parts company’s stock worth $3,195,000 after purchasing an additional 1,724 shares during the period. Wetherby Asset Management Inc. increased its stake in shares of Johnson Controls International by 12.9% during the second quarter. Wetherby Asset Management Inc. now owns 15,181 shares of the auto parts company’s stock worth $508,000 after purchasing an additional 1,732 shares during the period. Finally, Sigma Planning Corp increased its stake in shares of Johnson Controls International by 9.6% during the second quarter. Sigma Planning Corp now owns 20,685 shares of the auto parts company’s stock worth $692,000 after purchasing an additional 1,820 shares during the period. Hedge funds and other institutional investors own 93.04% of the company’s stock.

NYSE JCI opened at $32.50 on Friday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.79 and a current ratio of 1.10. Johnson Controls International PLC has a twelve month low of $30.60 and a twelve month high of $41.56. The firm has a market cap of $30.06 billion, a P/E ratio of 12.50, a PEG ratio of 0.98 and a beta of 0.87.

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 12th. Investors of record on Monday, September 24th were issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 3.20%. The ex-dividend date of this dividend was Friday, September 21st. Johnson Controls International’s dividend payout ratio (DPR) is 40.00%.

A number of research firms have commented on JCI. Wells Fargo & Co lowered their price objective on Johnson Controls International from $41.00 to $38.00 and set a “market perform” rating on the stock in a research note on Friday, September 28th. Morgan Stanley began coverage on Johnson Controls International in a research note on Monday, August 20th. They set an “equal weight” rating and a $40.00 price objective on the stock. Zacks Investment Research lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Monday, July 16th. JPMorgan Chase & Co. lowered Johnson Controls International from a “neutral” rating to an “underweight” rating and set a $44.00 price objective on the stock. in a research note on Friday, September 21st. Finally, Royal Bank of Canada restated a “sell” rating and set a $31.00 price objective on shares of Johnson Controls International in a research note on Friday, July 13th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have given a buy rating to the stock. Johnson Controls International has an average rating of “Hold” and a consensus price target of $40.29.

Johnson Controls International Profile

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. It designs, sells, controls, installs heating, ventilating, and air conditioning systems. The company also provides residential air conditioning and heating systems, and industrial refrigeration products, as well as technical and energy management consulting services.

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Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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