Economy

United Technologies Corporation (UTX) Stake Increased by Morse Asset Management Inc

United Technologies Corp. had a net margin of 12.87% and a return on equity of 18.28%. The Taurus Asset Management Llc holds 72,145 shares with $8.81M value, down from 104,334 last quarter. United Technologies Corp now has $95.69B valuation. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands.

About 27,497 shares traded.

United Technologies Corporation (NYSE:UTX) last announced its quarterly earnings results on Tuesday, July 25th. It has outperformed by 6.29% the S&P500.

Grantham Mayo Van Otterloo & Co Llc decreased Alphabet Inc stake by 107,450 shares to 416,117 valued at $386.86 million in 2017Q2. The stock rose 0.66% or $0.79 reaching $119.86. Facebook Inc now has $519.14 billion valuation. About 2.60 million shares traded. SunTrust Banks, Inc. (NYSE:STI) has risen 26.82% since October 30, 2016 and is uptrending. It has outperformed by 6.29% the S&P500. Panagora Asset Management reported 452,688 shares. The company has market cap of $4.19 billion. The conglomerate reported $1.73 EPS for the quarter, topping analysts' consensus estimates of $1.68 by $0.05.

Investors sentiment increased to 1.4 in 2017 Q2. Its down 0.03, from 0.98 in 2017Q1. 159 funds opened positions while 684 raised stakes. The percentage of shares being held by the company management was 0.3% while institutional stake was 0%. Marshall Wace Llp invested in 0.17% or 30,832 shares. Congress Asset Mngmt Ma reported 6,765 shares. Atlantic Tru Grp Limited Liability owns 0.09% invested in Facebook Inc (NASDAQ:FB) for 93,952 shares. Macguire Cheswick & Tuttle Inv Counsel Limited Liability Company reported 1.92% stake. California-based Stevens First Principles Investment has invested 0.27% in Facebook Inc (NASDAQ:FB). However, United Technologies is exposed to market price volatility and availability risks related to raw materials, which hamper its ability to meet delivery schedules and increase operating costs. Viking Glob Investors Ltd Partnership has invested 6.29% in Facebook Inc (NASDAQ:FB). Palo Cap Incorporated holds 0.53% or 7,682 shares in its portfolio. Cohen Klingenstein accumulated 17,400 shares. Fourteen investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. Hanover Insurance Group had 9 analyst reports since August 15, 2015 according to SRatingsIntel. The firm has "Hold" rating given on Tuesday, August 25 by Deutsche Bank. The ex-dividend date of this dividend is Wednesday, November 16th. Axiom Capital maintained Facebook Inc (NASDAQ:FB) rating on Thursday, April 28. Axiom Capital has "Buy" rating and $155 target. The firm has "Buy" rating given on Monday, September 19 by UBS.

UTX has been the topic of a number of research reports. Finally, Robert W. Baird assumed coverage on shares of United Technologies Corp.in a research note on Wednesday, October 5th. The rating was maintained by Jefferies on Friday, April 28 with "Buy". The insider Gurandiano Jay J sold $28,040. About 116,001 shares traded. $70,300 worth of Xerium Technologies, Inc. 37,922 shares were sold by Schroepfer Michael Todd, worth $5.71M.

ATR value of the company was 1.35 and Relative Strength Index (RSI) was 51.17. Target Corp Com (NYSE:TGT) was raised too.

It last reported revenues of $716 million and EPS of $0.07 for the September 2017, representing -12% top-line growth and 0.29 EPS growth. Its down 0.03, from 0.98 in 2017Q1. 112 funds opened positions while 451 raised stakes. After a recent check, it is observed that the insiders for the firm now own 0.11% shares. Flossbach Von Storch Ag invested in 2.25% or 1.62M shares. Advantus Capital Management Inc increased its position in United Technologies Corp.by 0.9% in the second quarter. 2,247 were reported by Ssi Invest Mgmt Inc. X Management Ltd Liability Com stated it has 9,578 shares or 0.04% of all its holdings. Vanguard Group Inc. lifted its holdings in United Technologies Corporation by 1.6% in the second quarter. Barnett And owns 729 shares. Finally, Russell Investments Group Ltd. boosted its position in United Technologies Corporation by 0.6% during the 2nd quarter. Maple Mgmt Incorporated holds 1.73% or 49,218 shares in its portfolio. Tarbox Family Office holds 276 shares or 0.02% of its portfolio. First Manhattan Company invested in 0.62% or 589,375 shares.

Zacks Investment Research upgraded shares of United Technologies Corporation (NYSE:UTX) from a sell rating to a hold rating in a report released on Thursday morning. United Technologies Corporation posted sales of $14.35 billion in the same quarter last year, which suggests a positive year-over-year growth rate of 3.8%. United Technologies Corporation has a 52-week low of $100.52 and a 52-week high of $124.79.

Among 21 analysts covering United Technologies Corporation (NYSE:UTX), 6 have Buy rating, 0 Sell and 15 Hold. Therefore 29% are positive. United Technologies Corporation had 65 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has "Buy" rating by Jefferies on Friday, July 7. BidaskClub lowered United Technologies Corporation from a "buy" rating to a "hold" rating in a research note on Wednesday, July 19th. The stock has a consensus rating of "Hold" and an average price target of $109.80. Bank of America Corporation reaffirmed a "buy" rating and set a $140.00 target price on shares of United Technologies Corporation in a research report on Wednesday, September 6th. The firm has "Neutral" rating by Citigroup given on Monday, October 10. The firm has "Sector Perform" rating given on Tuesday, December 15 by RBC Capital Markets. As per Thursday, January 28, the company rating was maintained by RBC Capital Markets. The firm earned "Outperform" rating on Monday, December 19 by Credit Suisse. Illinois-based Allstate Corp has invested 0.01% in United Technologies Corporation (NYSE:UTX).

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.



Like this

Latest


31 October 2017
Person of interest in Martin homicide reportedly killed in shootout with Miss
According to a spokeswoman for the Mississippi Department of Transportation, the standoff started when the man crashed his auto . A man suspected for murder in Tennessee was killed after a auto chase ended with a crash and shootout in northern Mississippi .

31 October 2017
Asus brings ZenFone 4 family to North America
Taiwanese manufacturer Asus has announced the launch of three more of its Zenfone 4-series smartphones in the United States. The smartphone is sold for $599, and should be available starting today via Asus , Amazon, Best Buy , B&H, and Newegg.

31 October 2017
Lionel Messi, Paulinho fire Barcelona past Athletic Bilbao
Raul Garcia's header also hit the woodwork, while Ter Stegen produced another stunning stop from Aduriz five minutes from time. Champions Real Madrid, now third on 20 points, will be guests to newly promoted Girona.

31 October 2017
Alibaba's Jack Ma to make film debut
The movie's release also coincides with Singles Day, a major Chinese shopping holiday equivalent to Black Friday. An active advocate for tai chi, Ma has been conducting classes to teach its philosophy to entrepreneurs.

31 October 2017
29 killed as Islamist militant attack Somali hotel
USA military officials and others in recent months have expressed concern that Somali forces are not yet ready to take over. The attack came exactly two weeks after a huge truck blast killed at least 358 people at a busy Mogadishu intersection.

31 October 2017
Kieran Tierney signs contract to end exit rumours
Celtic left-back Kieran Tierney has committed his future to the club after signing a new six-year contract. The Scotland global , who joined Celtic aged seven, had previously signed a four-year deal in August 2015.

31 October 2017
Help available for health care enrollment
Today, she said that rate has been halved. "Having health insurance protects your health and your wallet", Ninehouser says". Will I get a subsidy? Besides shopping on the exchange, Godfread recommends that consumers contact insurance agents.

31 October 2017
Moms Also Going After 'Frozen' Costumes in Halloween Controversy
Her daughter had told her she wanted to dress as the Polynesian girl which led to the issue of "cultural appropriation". The growing movement has caused a backlash, with many calling the trend humourless and a method of censorship.

31 October 2017
Actress Rose McGowan Sought on Drug Charge in Va.
This month, the star revealed she was assaulted by Weinstein in the 1990s and the claim has exposed Weinstein's years of abuse. After the incident, McGowan said she went directly to a press event where she fought back tears.

31 October 2017
Kathy Griffin accuses Andy Cohen of cocaine use, blasts Harvey Levin
Cohen has already denied the accusations , writing on Twitter on Saturday (October 28): "I am completely stunned by this story". In the video, Griffin says that Cohen repeatedly tried to push her out of Bravo and treated her terribly.



Recommended