United Technologies Corp (NYSE:UTX) Big Money Sentiment Index Crashed in Q4 2017 to 0.92

May 16, 2018 - By Sonya McDaniel

United Technologies Corporation (NYSE:UTX) Corporate Logo

Positions for United Technologies Corp (NYSE:UTX)

“Big money sentiment for United Technologies Corp (NYSE:UTX) in 2017 Q4 decreased to 0.92, according to Securities and Exchange Commission filings. So its down -0.13, from 2017Q3’s 1.05. 562 investment professionals increased or started new equity positions, while 612 decreased and sold equity positions in United Technologies Corp so the sentiment is negative. Funds own 624.06 million shares, up from 621.08 million shares in 2017Q3. Funds holding United Technologies Corp in top 10 increased from 49 to 51 for an increase of 2. In total 58 funds closed positions, 554 reduced and 441 increased. Also 121 funds bought new United Technologies Corp stakes.

Significant United Technologies Corp Investors

Csu Producer Resources Inc. owns 15,000 shares in United Technologies Corp as of 2017 Q4. United Technologies Corp’s shareholder Southeastern Asset Management Inc Tn owns 4.32 million shares as of 2017 Q4. In addition, Suvretta Capital Management Llc reported 2.00 million shares in United Technologies Corp equivalent to 6.04% of its US long stock exposure. The California-based fund Saratoga Research & Investment Management have invested about 5.98% of the fund’s stock portfolio in United Technologies Corp. The Oregon-based fund Jensen Investment Management Inc looks positive on United Technologies Corp, possessing 3.13 million shares.

United Technologies Corporation provides technology services and products to building systems and aerospace industries worldwide.The firm is valued at $99.74 billion. The Company’s Otis segment designs, makes, sells, and installs passenger and freight elevators, escalators, and moving walkways; and offers modernization products to upgrade elevators and escalators, as well as maintenance and repair services.The P/E ratio is 21.87. The companyÂ’s UTC Climate, Controls & Security segment provides heating, ventilating, air conditioning, and refrigeration solutions, such as controls for residential, commercial, industrial, and transportation applications.

Ticker’s shares touched $124.67 during the last trading session after 0.10% change.Currently United Technologies Corporation is uptrending after 12.03% change in last May 16, 2017. UTX has 1.89 million shares volume. UTX outperformed by 0.48% the S&P500.

On July, 24. Investors expect United Technologies Corporation (NYSE:UTX) to publish its quarterly earnings, Faxor reports. This year’s earnings per share analyst estimate is awaited to be $1.84. That is 0.54 % down compareed to $1.85 earnings per share for last year. In case of $1.84 earnings per share UTX’s profit could reach $1.47 billion. 3.95 % EPS growth is what Wall Street’s sees after $1.77 reported EPS previous quarter.

Harvey Management Incorporated owns 2,600 shs for 0.12% of their capital. D E Shaw Commerce, a New York-based fund reported 2.20 million shs. Bremer Tru National Association has invested 0.87% in United Technologies Corporation (NYSE:UTX). Argent Trust holds 19,653 shs. Texas Yale Capital owns 0.07% invested in United Technologies Corporation (NYSE:UTX) for 6,253 shs. Pub Employees Retirement Association Of Colorado invested 0.12% in United Technologies Corporation (NYSE:UTX). Wilkins Invest Counsel holds 14,975 shs or 0.57% of its capital. Amer Research & Mgmt holds 0.59% or 14,936 shs in its capital. 132,625 were reported by Alpha Cubed Ltd. Colony Grp Ltd Llc holds 9,090 shs. Roberts Glore & Co Inc Il invested in 10,056 shs. Bahl Gaynor owns 357,714 shs or 0.47% of their US capital. South State Corporation holds 1.05% in United Technologies Corporation (NYSE:UTX) or 76,166 shs. Wespac Advsrs Lc holds 15,259 shs. 21,000 were accumulated by Cincinnati.

United Technologies Corporation had 6 selling transactions and 1 insider purchase since December 13, 2017. This’s net activity of $1.25 million. $1.09 million worth of United Technologies Corporation (NYSE:UTX) was bought by Reynolds Fredric G on Friday, April 27. On Wednesday, May 2 MCDONOUGH ROBERT J had sold 10,770 shs worth $1.28M. Amato Elizabeth B sold $546,600 worth of United Technologies Corporation (NYSE:UTX) on Friday, December 15.

United Technologies Corporation (NYSE:UTX) Ratings Coverage

In total 12 analysts cover United Technologies (NYSE:UTX). “Buy” rating has 9, “Sell” are 0, while 3 are “Hold”. 75% are bullish. 20 are the (NYSE:UTX)’s analyst reports since December 5, 2017 according to StockzIntelligence Inc. On Thursday, January 25 Jefferies maintained the shares of UTX in report with “Buy” rating. On Monday, January 22 the company was maintained by Cowen & Co. On Tuesday, January 30 the rating was maintained by Bernstein with “Hold”. On Monday, January 8 Jefferies maintained United Technologies Corporation (NYSE:UTX) rating. Jefferies has “Buy” rating and $152.0 target. On Friday, February 9 the stock of United Technologies Corporation (NYSE:UTX) earned “Buy” rating by Argus Research. On Thursday, February 15 Stifel Nicolaus maintained United Technologies Corporation (NYSE:UTX) with “Hold” rating. On Tuesday, January 23 the rating was initiated by UBS with “Buy”. On Tuesday, May 8 the stock of United Technologies Corporation (NYSE:UTX) has “Outperform” rating given by Daiwa Securities. On Monday, February 26 Barclays Capital maintained United Technologies Corporation (NYSE:UTX) rating. Barclays Capital has “Overweight” rating and $159 target. On Tuesday, January 23 the rating was maintained by RBC Capital Markets with “Buy”.

A couple more United Technologies Corporation (NYSE:UTX) news were published by: Streetinsider.com which released on May 15, 2018 “Loeb’s Third Point LLC Enters Adobe (ADBE), EA (EA), Wynn (WYN) (more…) – 13F”, also Prnewswire.com on May 16, 2018 published “UTC Aerospace Systems Enhances Aircraft Intelligence To Improve Fleet Operations And Passenger Experience”, the next Seekingalpha.com is “Third Point (Dan Loeb) Q1 2018 Investor Letter” on May 10, 2018. Streetinsider.com has article titled “Ackman’s Pershing Square Confirms Stake in United Technologies (UTX) (more…) – 13F”.

United Technologies Corporation (NYSE:UTX) Institutional Investors Chart

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