Boston Research Management Inc buys $3,108,130 stake in United Technologies Corporation (UTX)

United Technologies Corporation (UTX) : Boston Research Management Inc scooped up 465 additional shares in United Technologies Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 28,549 shares of United Technologies Corporation which is valued at $3,108,130.United Technologies Corporation makes up approximately 1.82% of Boston Research Management Inc’s portfolio.

Other Hedge Funds, Including , Ameritas Investment Partners boosted its stake in UTX in the latest quarter, The investment management firm added 806 additional shares and now holds a total of 15,800 shares of United Technologies Corporation which is valued at $1,720,146. United Technologies Corporation makes up approx 0.11% of Ameritas Investment Partners’s portfolio. Blume Capital Management added UTX to its portfolio by purchasing 156 company shares during the most recent quarter which is valued at $16,807. United Technologies Corporation makes up approx 0.02% of Blume Capital Management’s portfolio.Spot Trading L.l.c reduced its stake in UTX by selling 9,041 shares or 35.93% in the most recent quarter. The Hedge Fund company now holds 16,121 shares of UTX which is valued at $1,713,501. United Technologies Corporation makes up approx 0.23% of Spot Trading L.l.c’s portfolio.Old Second National Bank Of Aurora boosted its stake in UTX in the latest quarter, The investment management firm added 36 additional shares and now holds a total of 21,446 shares of United Technologies Corporation which is valued at $2,254,618. United Technologies Corporation makes up approx 1.01% of Old Second National Bank Of Aurora’s portfolio.Telemus Capital boosted its stake in UTX in the latest quarter, The investment management firm added 3,420 additional shares and now holds a total of 5,808 shares of United Technologies Corporation which is valued at $615,880. United Technologies Corporation makes up approx 0.07% of Telemus Capital’s portfolio.

United Technologies Corporation closed down -0.19 points or -0.17% at $109.14 with 23,88,773 shares getting traded on Friday. Post opening the session at $109.01, the shares hit an intraday low of $108.9 and an intraday high of $109.42 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, United Technologies Corporation reported $1.82 EPS for the quarter, beating the analyst consensus estimate by $ 0.14 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $1.68. The company had revenue of $14874.00 million for the quarter, compared to analysts expectations of $14692.67 million. The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.81 EPS.

United Technologies Corporation (UTC) provides high technology products and services to the building systems and aerospace industries across the world. The Company operates through five segments: Otis; UTC Climate Controls & Security; Pratt & Whitney; UTC Aerospace Systems and Sikorsky. Otis designs manufactures sells and installs a range of passenger and freight elevators for low- medium- and high-speed applications as well as a line of escalators and moving walkways. UTC Climate Controls & Security is a provider of heating ventilating air conditioning (HVAC) and refrigeration solutions. Pratt & Whitney segment supplies aircraft engines for the commercial military business jet and general aviation markets. UTC Aerospace Systems is a global provider of technologically advanced aerospace products and aftermarket service solutions. Its Sikorsky segment manufactures military and commercial helicopters and also provides aftermarket helicopter and aircraft parts and services.

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