Economy

Vertical Research Lowers United Technologies Corporation (NYSE:UTX) to Hold

Gradient Investments Llc acquired 3,999 shares as United Technologies Corp (UTX)'s stock rose 8.03%. At the close of regular trading, its last week's stock price volatility was 1.54% which for the month reaches 1.1%.

United Technologies Corporation (NYSE UTX) opened at 110.28 on Tuesday. It has outperformed by 0.72% the S&P500.

Among 35 analysts covering Viacom Inc.

Among 2 analysts covering Charter Financial Corp (NASDAQ:CHFN), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 33% are positive. They now have $125.00 price target on the conglomerate's stock. The stock has a 50 day moving average price of $116.50 and a 200 day moving average price of $117.60. Coca-Cola had 51 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned "Underweight" rating on Wednesday, April 5 by Barclays Capital. Deutsche Bank maintained the stock with "Hold" rating in Wednesday, September 6 report. On Monday, September 19 the stock rating was maintained by UBS with "Buy". Barclays Capital has "Overweight" rating and $55 target. The firm earned "Equal Weight" rating on Monday, August 31 by Barclays Capital. Credit Suisse Group restated a "buy" recommendation and fixed a $136.00 price objective on the stock of United Technologies Corporation in a note on Wed, Jul 26th. The company was downgraded on Monday, October 10 by Citigroup.

Since May 3, 2017, it had 0 insider purchases, and 2 selling transactions for $1.25 million activity. The stock of United Technologies Corporation (NYSE:UTX) earned "Buy" rating by Jefferies on Monday, August 28. $925,993 worth of United Technologies Corporation (NYSE:UTX) shares were sold by DELPECH PHILIPPE. The conglomerate reported $1.85 EPS for the quarter, topping the Zacks' consensus estimate of $1.78 by $0.07. The stock has a market cap of $88.09 billion, a price-to-earnings ratio of 16.80 and a beta of 1.05.

United Technologies Corporation is engaged in providing high technology products and services to the building systems and aerospace industries around the world. Of those analysts, 5 rate stock as a Strong Buy, 7 rate it as Hold, and just no analyst rates it as a Moderate Sell. Therefore 29% are positive. Smith Moore & CO.'s holdings in United Technologies Corporation were worth $303,000 at the end of the most recent reporting period.

United Technologies Corporation (NYSE:UTX) last issued its quarterly earnings results on Tuesday, July 25th. (NYSE:BEN) on Sunday, August 9 with "Hold" rating. The rating was maintained by Deutsche Bank with "Hold" on Tuesday, August 25. Citigroup has "Buy" rating and $115 target. Argus Research maintained it with "Buy" rating and $125 target in Wednesday, July 22 report. The stock of BowLeven PLC (LON:BLVN) earned "Buy" rating by Shore Capital on Wednesday, January 25. As per Wednesday, January 6, the company rating was downgraded by Sterne Agee CRT. Security Bancorporation Of Sioux City Iowa Ia holds 12,056 shares or 1.37% of its portfolio. The rating was downgraded by Argus Research to "Hold" on Thursday, January 26.

Salem Investment Counselors Inc decreased Energy Transfer Prtnrs LP (NYSE:ETP) stake by 11,747 shares to 3,023 valued at $108,000 in 2016Q4. It also upped Commscope Holding Co Inc (NASDAQ:COMM) stake by 338,271 shares and now owns 374,330 shares.

Investors of record on Friday, February 17th will be issued a $0.66 dividend. Its down 0.06, from 1.06 in 2016Q3. It fall, as 70 investors sold UTX shares while 516 reduced holdings.

A number of other hedge funds also recently added to or reduced their stakes in the business.

There are 1,653 institutional holders with active positions, accounting for 642.42 million shares in total. MCF Advisors LLC now owns 1,550 shares of the conglomerate's stock worth $174,000 after acquiring an additional 284 shares in the last quarter. Baker Ellis Asset Limited Company reported 18,217 shares. Lastly, Kissinger Financial Services upgraded its position in United Technologies Corporation by 0.6% in the 1st period. Tfs Ltd Liability Corp owns 3,753 shares for 0.11% of their portfolio. However, the institutional investors are observed to own 74.40% of the total shares. Moreover, Us Bancorp De has 0.02% invested in Ameren Corp (NYSE:AEE) for 103,780 shares. Iowa-based At Commercial Bank has invested 0.07% in United Technologies Corporation (NYSE:UTX). Hartford Finance Management Inc accumulated 39,848 shares. Sumitomo Mitsui Asset Mngmt reported 73,802 shares or 0.16% of all its holdings. Ingalls And Snyder Ltd Liability holds 1.36% or 227,400 shares in its portfolio. 246,684 are held by Aviva Public Ltd. Commonwealth Bancorporation Of owns 76,158 shares or 0.04% of their USA portfolio. Los Angeles Management Equity Rech Incorporated holds 20,938 shares or 0% of its portfolio. Cap Advsr Limited Co owns 0.09% invested in General Electric Company (NYSE:GE) for 6,645 shares.

Analysts await Viacom, Inc. They expect this year's earnings to rise 74.68% year-over-year to $1.38, followed by 13.04% growth in the next year to $1.56. VIAB's profit will be $373.41 million for 7.84 P/E if the $0.89 EPS becomes a reality. After $1.85 actual EPS reported by United Technologies Corporation for the previous quarter, Wall Street now forecasts -8.65% negative EPS growth. Strs Ohio accumulated 2,500 shares or 0% of the stock. About shares traded. Viacom, Inc. It is down 0.33% since September 14, 2016 and is downtrending. It has underperformed by 21.16% the S&P500.



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