Crawford Investment Counsel Inc buys $61,293,810 stake in United Technologies Corporation (UTX)

United Technologies Corporation (UTX) : Crawford Investment Counsel Inc scooped up 7,162 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 11, 2016. The investment management firm now holds a total of 563,000 shares of United Technologies Corporation which is valued at $61,293,810.United Technologies Corporation makes up approximately 2.36% of Crawford Investment Counsel Inc’s portfolio.

Other Hedge Funds, Including , Azimuth Capital Management boosted its stake in UTX in the latest quarter, The investment management firm added 100 additional shares and now holds a total of 14,690 shares of United Technologies Corporation which is valued at $1,599,300. United Technologies Corporation makes up approx 0.14% of Azimuth Capital Management’s portfolio.Utah Retirement Systems reduced its stake in UTX by selling 8,300 shares or 5.52% in the most recent quarter. The Hedge Fund company now holds 142,155 shares of UTX which is valued at $15,109,655. United Technologies Corporation makes up approx 0.39% of Utah Retirement Systems’s portfolio.Tocqueville Asset Management boosted its stake in UTX in the latest quarter, The investment management firm added 6,273 additional shares and now holds a total of 139,530 shares of United Technologies Corporation which is valued at $15,020,405. United Technologies Corporation makes up approx 0.19% of Tocqueville Asset Management’s portfolio. Donald L. Hagan sold out all of its stake in UTX during the most recent quarter. The investment firm sold 1,137 shares of UTX which is valued $119,533.Windward Capital Management Co Ca boosted its stake in UTX in the latest quarter, The investment management firm added 1,473 additional shares and now holds a total of 105,350 shares of United Technologies Corporation which is valued at $11,113,372. United Technologies Corporation makes up approx 2.08% of Windward Capital Management Co Ca’s portfolio.

United Technologies Corporation closed down -0.5 points or -0.46% at $108 with 30,64,066 shares getting traded on Tuesday. Post opening the session at $109, the shares hit an intraday low of $108 and an intraday high of $109.35 and the price fluctuated in this range throughout the day.Shares ended Tuesday 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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *