Atomi Financial Group Inc. Buys 792 Shares of Johnson Controls International plc (NYSE:JCI)

Atomi Financial Group Inc. grew its stake in Johnson Controls International plc (NYSE:JCI) by 12.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,970 shares of the company’s stock after acquiring an additional 792 shares during the period. Atomi Financial Group Inc.’s holdings in Johnson Controls International were worth $550,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Metis Global Partners LLC grew its position in 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 grew its position in Johnson Controls International by 4.1% in the fourth quarter. Graypoint LLC now owns 3,277 shares of the company’s stock valued at $259,000 after purchasing an additional 130 shares in the last quarter. ST Germain D J Co. Inc. grew its position in Johnson Controls International by 32.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after purchasing an additional 134 shares in the last quarter. Brooklyn Investment Group grew its position in Johnson Controls International by 3.1% in the fourth quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock valued at $351,000 after purchasing an additional 135 shares in the last quarter. Finally, Fulton Bank N.A. grew its position 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 acquiring an additional 139 shares during the period. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JCI has been the subject of a number of analyst reports. JPMorgan Chase & Co. decreased their price objective on shares of Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating for the company in a research report on Wednesday, January 15th. Oppenheimer lifted their price objective on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Robert W. Baird lifted their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. StockNews.com downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Finally, Barclays lifted their target price on shares of Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Ten investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, Johnson Controls International has a consensus rating of “Hold” and an average target price of $82.53.

Johnson Controls International Price Performance

Shares of Johnson Controls International stock opened at $82.02 on Friday. Johnson Controls International plc has a twelve month low of $52.02 and a twelve month high of $87.16. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The company has a 50-day simple moving average of $81.73 and a two-hundred day simple moving average of $76.08. The stock has a market capitalization of $54.31 billion, a price-to-earnings ratio of 32.29, a price-to-earnings-growth ratio of 2.36 and a beta of 1.32.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.80%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s payout ratio is presently 58.27%.

Insider Activity

In other news, CEO George Oliver sold 124,497 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $82.67, for a total value of $10,292,166.99. Following the completion of the transaction, the chief executive officer now directly owns 1,267,716 shares in the company, valued at approximately $104,802,081.72. The trade was a 8.94 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Marlon Sullivan sold 7,230 shares of the business’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the completion of the transaction, the executive vice president now owns 32,246 shares of the company’s stock, valued at $2,687,704.10. The trade was a 18.31 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 647,787 shares of company stock worth $53,972,452. 0.69% of the stock is currently owned by corporate insiders.

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.