United Technologies Corporation (UTX) : Lipe Dalton added new position in United Technologies Corporation during the most recent quarter end. The investment management firm now holds 43,604 shares of United Technologies Corporation which is valued at $4,747,167 , the company said in a statement filed on Aug 12, 2016 with the SEC.United Technologies Corporation makes up approximately 3.51% of Lipe Dalton’s portfolio.
Other Hedge Funds, Including , Seven Eight Capital added UTX to its portfolio by purchasing 12,343 company shares during the most recent quarter which is valued at $1,343,782. United Technologies Corporation makes up approx 0.44% of Seven Eight Capital’s portfolio. Alpine Woods Capital Investors sold out all of its stake in UTX during the most recent quarter. The investment firm sold 7,000 shares of UTX which is valued $762,090.South Texas Money Management Ltd reduced its stake in UTX by selling 1,080 shares or 33.3% in the most recent quarter. The Hedge Fund company now holds 2,163 shares of UTX which is valued at $229,905. United Technologies Corporation makes up approx 0.01% of South Texas Money Management Ltd’s portfolio.Kwmg reduced its stake in UTX by selling 176 shares or 5.77% in the most recent quarter. The Hedge Fund company now holds 2,875 shares of UTX which is valued at $302,249. United Technologies Corporation makes up approx 0.16% of Kwmg’s portfolio. Fox Run Management L.l.c. sold out all of its stake in UTX during the most recent quarter. The investment firm sold 4,000 shares of UTX which is valued $424,160.
United Technologies Corporation opened for trading at $107.58 and hit $108.15 on the upside on Monday, eventually ending the session at $107.97, with a gain of 0.62% or 0.66 points. The heightened volatility saw the trading volume jump to 17,93,053 shares. Company has a market cap of $90,363 M.
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.