Economy

United Technologies Corp (NYSE:UTX) Quarterly Sentiment Report

The Company's principal subsidiary is Trustmark National Bank. It has a 18.34 P/E ratio. The Firm operates in electronics manufacturing services business segment. They see United Technologies Corporation (UTX) price hitting a mean target of $126.22 a share, meaning the stock still has potential that could lift the price another 11.06% Also, the recent close suggests the stock is underpriced by 23.19% compared to the most bullish target. Riggs Asset Managment has an ownership of 999 stocks of the conglomerate's shares valued $112,000 following acquiring an extra 125 shares through out the quarter.

TRADEMARK VIOLATION WARNING: "United Technologies Co".

United Technologies Corporation (NYSE:UTX) traded up 0.40% during midday trading on Tuesday, reaching $114.10. About 303,908 shares traded. Cowen & Co maintained United Technologies Corporation (NYSE:UTX) on Tuesday, July 25 with "Buy" rating. It has outperformed by 6.29% the S&P500. Its down 0.03, from 0.98 in 2017Q1. It dropped, as 39 investors sold UTX shares while 553 reduced holdings. 100 funds opened positions while 484 raised stakes. 611.76 million shares or 0.92% less from 617.43 million shares in 2017Q1 were reported. United Technologies Corporation has a 1-year low of $97.62 and a 1-year high of $124.79. Its down 0.03, from 0.98 in 2016Q3. Robert W. Baird initiated United Technologies Corporation (NYSE:UTX) on Thursday, October 6 with "Neutral" rating. The stock of Celestica Inc (NYSE:CLS) earned "Buy" rating by Canaccord Genuity on Friday, July 22. 1,437,411 shares of the company's stock were exchanged. Finally, HSBC Holdings plc assumed coverage on shares of United Technologies Corporation in a research note on Monday, June 12th. Smith Moore And has 0.13% invested in United Technologies Corporation (NYSE:UTX). Highvista Strategies Limited Liability Corp owns 10,300 shares. For the same quarter a year ago, company reported $1.82 Earnings Per Share. Corda Invest Management Ltd accumulated 144,988 shares or 2.52% of the stock. 7,568 were reported by East Coast Asset Mngmt. On average, equities research analysts anticipate that United Technologies Corporation will post $6.57 earnings per share for the current fiscal year.

United Technologies Corporation most recently reported earnings per share (EPS) of $1.85 for the June 2017 versus $1.82 in the same quarter previous year, representing 2% growth. The company's quarterly EPS surprised Wall Street by as much as 4% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates. Zacks Lowered stocks of United Technologies Corporation from a "buy" recommendation to a "hold" recommendation in a analysis report on early Thur, Jul 13th. Therefore 29% are positive. UTX was included in 61 notes of analysts from July 21, 2015. On Monday, August 28 the stock rating was maintained by Jefferies with "Buy". The rating was maintained by Deutsche Bank on Wednesday, September 6 with "Hold". The stock of Celestica Inc (NYSE:CLS) earned "Hold" rating by Stifel Nicolaus on Friday, July 14. TCI Wealth Advisors Inc. boosted its stake in United Technologies Corporation by 0.3% during the 1st quarter. The company was upgraded on Tuesday, July 21 by S&P Research. They set a "hold" rating and a $125.00 price target on the stock. Barclays Capital downgraded United Technologies Corporation (NYSE:UTX) rating on Monday, August 31.

Davidson D A & Company, which manages about $9.65B and $4.43B US Long portfolio, decreased its stake in Deere & Company (NYSE:DE) by 37,749 shares to 134,027 shares, valued at $16.56 million in 2017Q2, according to the filing. The company was downgraded on Wednesday, September 6 by Cowen & Co. Ishares Tr (IVV) was raised too.

Since January 1, 0001, it had 0 insider buys, and 2 insider sales for $1.25 million activity. DELPECH PHILIPPE sold 7,696 shares worth $925,993.

Trustmark National Bank Trust Department holds 1.5% of its portfolio in Trustmark Corp for 401,616 shares. The investment managers in our partner's database now have: 623.51 million shares, down from 629.95 million shares in 2016Q3. Moreover, Sit Inv Assocs has 0.61% invested in United Technologies Corporation (NYSE:UTX) for 203,017 shares. The Mississippi-based Hancock Holding Co has invested 0.51% in the stock. Homrich & Berg, a Georgia-based fund reported 118,572 shares. It has outperformed by 12.03% the S&P500.

Analysts await Trustmark Corp (NASDAQ:TRMK) to report earnings on October, 24.

On a similar note, analysts expect EPS of $1.69 in September 2017 quarter and $1.56 in December 2017 quarter, representing -3.98% and 0% growth, respectively. CAC's profit will be $10.70M for 15.04 P/E if the $0.69 EPS becomes a reality.



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