MetLife Investment Management LLC Has $13.48 Million Position in Johnson Controls International plc (NYSE:JCI)

MetLife Investment Management LLC lessened its position in Johnson Controls International plc (NYSE:JCI) by 3.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 173,688 shares of the company’s stock after selling 6,130 shares during the quarter. MetLife Investment Management LLC’s holdings in Johnson Controls International were worth $13,480,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of JCI. Fortitude Family Office LLC grew its stake in shares of Johnson Controls International by 195.8% during the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after acquiring an additional 278 shares in the last quarter. Continuum Advisory LLC grew its position in Johnson Controls International by 65.2% in the second quarter. Continuum Advisory LLC now owns 527 shares of the company’s stock valued at $35,000 after purchasing an additional 208 shares in the last quarter. Wolff Wiese Magana LLC increased its stake in Johnson Controls International by 977.3% in the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after buying an additional 430 shares during the last quarter. Western Pacific Wealth Management LP bought a new stake in Johnson Controls International during the 3rd quarter worth about $44,000. Finally, Hexagon Capital Partners LLC boosted its stake in shares of Johnson Controls International by 39.7% during the 2nd quarter. Hexagon Capital Partners LLC now owns 711 shares of the company’s stock worth $47,000 after buying an additional 202 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 110,615 shares of the company’s stock in a transaction on Monday, September 16th. The stock was sold at an average price of $72.67, for a total value of $8,038,392.05. Following the transaction, the chief executive officer now directly owns 1,243,751 shares of the company’s stock, valued at $90,383,385.17. This represents a 8.17 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, COO Nathan D. Manning sold 3,000 shares of Johnson Controls International stock in a transaction on Tuesday, October 1st. The stock was sold at an average price of $77.08, for a total value of $231,240.00. Following the sale, the chief operating officer now directly owns 140,488 shares of the company’s stock, valued at $10,828,815.04. This represents a 2.09 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 741,829 shares of company stock worth $59,952,007. Company insiders own 0.69% of the company’s stock.

Johnson Controls International Stock Down 0.0 %

Shares of JCI opened at $83.71 on Thursday. The firm has a market cap of $55.43 billion, a P/E ratio of 32.96, a price-to-earnings-growth ratio of 2.33 and a beta of 1.29. 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 plc has a 52 week low of $51.70 and a 52 week high of $87.16. The firm’s 50-day simple moving average is $78.78 and its 200 day simple moving average is $72.82.

Johnson Controls International Announces Dividend

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

Analysts Set New Price Targets

A number of research firms recently issued reports on JCI. Barclays lifted their target price on Johnson Controls International from $62.00 to $64.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 2nd. Mizuho boosted their price target on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Oppenheimer increased their price objective on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. StockNews.com cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Finally, The Goldman Sachs Group upped their price target on shares of Johnson Controls International from $73.00 to $81.00 and gave the stock a “buy” rating in a research report on Friday, August 2nd. Twelve analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $77.21.

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.