Great Valley Advisor Group Inc. Invests $200,000 in Johnson Controls International plc (NYSE:JCI)

Great Valley Advisor Group Inc. bought a new stake in shares of Johnson Controls International plc (NYSE:JCI) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 2,573 shares of the company’s stock, valued at approximately $200,000.

A number of other large investors also recently added to or reduced their stakes in the business. Keyes Stange & Wooten Wealth Management LLC boosted its position in Johnson Controls International by 3.3% during the third quarter. Keyes Stange & Wooten Wealth Management LLC now owns 8,584 shares of the company’s stock valued at $666,000 after buying an additional 276 shares during the period. Stonebrook Private Inc. boosted its holdings in Johnson Controls International by 1.8% during the 3rd quarter. Stonebrook Private Inc. now owns 26,627 shares of the company’s stock valued at $2,067,000 after acquiring an additional 462 shares during the period. Nwam LLC bought a new position in Johnson Controls International during the 3rd quarter worth approximately $701,000. Icon Wealth Advisors LLC lifted its position in Johnson Controls International by 387.7% in the third quarter. Icon Wealth Advisors LLC now owns 13,645 shares of the company’s stock valued at $1,059,000 after purchasing an additional 10,847 shares during the last quarter. Finally, Raymond James Trust N.A. lifted its position in Johnson Controls International by 20.0% in the third quarter. Raymond James Trust N.A. now owns 51,296 shares of the company’s stock valued at $3,981,000 after purchasing an additional 8,538 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Down 0.0 %

Shares of Johnson Controls International stock opened at $83.71 on Friday. Johnson Controls International plc has a 1 year low of $51.70 and a 1 year high of $87.16. The firm has a market cap of $55.43 billion, a price-to-earnings ratio of 32.96, a PEG ratio of 2.33 and a beta of 1.29. The company has a 50-day moving average of $78.97 and a 200 day moving average of $72.89. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.94 and a quick ratio of 0.79.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 18th. Stockholders of record on Wednesday, September 25th were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Wednesday, September 25th. This represents a $1.48 annualized dividend and a dividend yield of 1.77%. Johnson Controls International’s payout ratio is 58.27%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on JCI. Bank of America lifted their target price on shares of Johnson Controls International from $80.00 to $95.00 and gave the stock a “buy” rating in a research note on Friday, September 27th. The Goldman Sachs Group increased their target price on shares of Johnson Controls International from $73.00 to $81.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Wells Fargo & Company boosted their price target on Johnson Controls International from $84.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday, November 7th. Barclays increased their price objective on Johnson Controls International from $62.00 to $64.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 2nd. Finally, Royal Bank of Canada boosted their target price on Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a research note on Thursday, November 7th. Twelve investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $77.21.

Insider Transactions at Johnson Controls International

In other news, COO Nathan D. Manning sold 3,000 shares of Johnson Controls International stock in a transaction dated Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total value of $231,240.00. Following the completion of the transaction, the chief operating officer now owns 140,488 shares of the company’s stock, valued at $10,828,815.04. The trade was a 2.09 % 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 110,615 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $72.67, for a total transaction of $8,038,392.05. Following the completion of the transaction, the chief executive officer now owns 1,243,751 shares in the company, valued at approximately $90,383,385.17. The trade was a 8.17 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 741,829 shares of company stock valued at $59,952,007 in the last ninety days. 0.69% of the stock is currently 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.