Reliance Trust Co Of Delaware buys $16,822,375 stake in United Technologies Corporation (UTX)

United Technologies Corporation (UTX) : Reliance Trust Co Of Delaware scooped up 3,802 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 154,518 shares of United Technologies Corporation which is valued at $16,822,375.United Technologies Corporation makes up approximately 1.49% of Reliance Trust Co Of Delaware’s portfolio.

Other Hedge Funds, Including , Focused Wealth Management Inc reduced its stake in UTX by selling 101 shares or 14.11% in the most recent quarter. The Hedge Fund company now holds 615 shares of UTX which is valued at $66,955. United Technologies Corporation makes up approx 0.03% of Focused Wealth Management Inc’s portfolio.Cable Hill Partners reduced its stake in UTX by selling 300 shares or 25.04% in the most recent quarter. The Hedge Fund company now holds 898 shares of UTX which is valued at $96,751. United Technologies Corporation makes up approx 0.06% of Cable Hill Partners’s portfolio.Ftb Advisors reduced its stake in UTX by selling 853 shares or 12.63% in the most recent quarter. The Hedge Fund company now holds 5,902 shares of UTX which is valued at $635,350. United Technologies Corporation makes up approx 0.08% of Ftb Advisors’s portfolio.Stoneridge Investment Partners boosted its stake in UTX in the latest quarter, The investment management firm added 2,606 additional shares and now holds a total of 52,590 shares of United Technologies Corporation which is valued at $5,663,417. United Technologies Corporation makes up approx 0.80% of Stoneridge Investment Partners’s portfolio.Meeder Asset Management Inc boosted its stake in UTX in the latest quarter, The investment management firm added 2,255 additional shares and now holds a total of 21,408 shares of United Technologies Corporation which is valued at $2,250,623. United Technologies Corporation makes up approx 0.20% of Meeder Asset Management Inc’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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