B. Riley Wealth Advisors Inc. Acquires 2,366 Shares of Johnson Controls International plc (NYSE:JCI)

B. Riley Wealth Advisors Inc. raised its position in shares of Johnson Controls International plc (NYSE:JCI) by 12.8% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 20,857 shares of the company’s stock after buying an additional 2,366 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Johnson Controls International were worth $1,615,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Inspire Trust Co. N.A. increased its holdings in Johnson Controls International by 34.8% in the third quarter. Inspire Trust Co. N.A. now owns 62,000 shares of the company’s stock valued at $4,812,000 after buying an additional 16,000 shares in the last quarter. Peapack Gladstone Financial Corp raised its holdings in Johnson Controls International by 8.6% in the 3rd quarter. Peapack Gladstone Financial Corp now owns 9,669 shares of the company’s stock valued at $751,000 after acquiring an additional 763 shares during the last quarter. Wilmington Savings Fund Society FSB lifted its position in Johnson Controls International by 27.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 223,989 shares of the company’s stock worth $17,384,000 after buying an additional 48,416 shares in the last quarter. Sfmg LLC purchased a new stake in shares of Johnson Controls International in the third quarter valued at about $210,000. Finally, World Investment Advisors LLC purchased a new stake in shares of Johnson Controls International in the 3rd quarter valued at approximately $5,361,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Johnson Controls International news, EVP Marlon Sullivan sold 7,230 shares of Johnson Controls International stock in a transaction dated Wednesday, December 11th. The stock was 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 in the company, valued at approximately $2,687,704.10. The trade was a 18.31 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 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 transaction of $231,240.00. Following the transaction, the chief operating officer now directly owns 140,488 shares in the company, valued at $10,828,815.04. This represents a 2.09 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 761,774 shares of company stock worth $62,725,528. 0.69% of the stock is currently owned by insiders.

Johnson Controls International Price Performance

Johnson Controls International stock opened at $84.02 on Tuesday. Johnson Controls International plc has a 52 week low of $51.71 and a 52 week high of $87.16. The stock has a market capitalization of $55.64 billion, a P/E ratio of 33.08, a price-to-earnings-growth ratio of 2.31 and a beta of 1.31. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. The stock has a fifty day moving average of $80.77 and a 200-day moving average of $73.99.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 17th. Stockholders of record on Monday, December 23rd will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.76%. Johnson Controls International’s dividend payout ratio (DPR) is 58.27%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. UBS Group started coverage on Johnson Controls International in a research report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 target price on the stock. Bank of America increased 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. Barclays increased their price target on Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Finally, Morgan Stanley assumed coverage on Johnson Controls International in a report on Friday, September 6th. They issued an “overweight” rating and a $85.00 price objective on the stock. Eleven investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $80.38.

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.