United Technologies Corporation (UTX) : Sciencast Management Lp scooped up 6,056 additional shares in United Technologies Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Nov 14, 2016. The investment management firm now holds a total of 8,406 shares of United Technologies Corporation which is valued at $906,671.United Technologies Corporation makes up approximately 2.66% of Sciencast Management Lp’s portfolio.
Other Hedge Funds, Including , Numeric Investors added UTX to its portfolio by purchasing 8,300 company shares during the most recent quarter which is valued at $895,238. United Technologies Corporation makes up approx 0.01% of Numeric Investors’s portfolio.Covington Investment Advisors reduced its stake in UTX by selling 240 shares or 1.06% in the most recent quarter. The Hedge Fund company now holds 22,385 shares of UTX which is valued at $2,346,172. United Technologies Corporation makes up approx 1.07% of Covington Investment Advisors’s portfolio.Dekabank Deutsche Girozentrale boosted its stake in UTX in the latest quarter, The investment management firm added 14,042 additional shares and now holds a total of 163,358 shares of United Technologies Corporation which is valued at $16,834,042. United Technologies Corporation makes up approx 0.19% of Dekabank Deutsche Girozentrale’s portfolio.Crestwood Advisors boosted its stake in UTX in the latest quarter, The investment management firm added 545 additional shares and now holds a total of 6,835 shares of United Technologies Corporation which is valued at $690,677. United Technologies Corporation makes up approx 0.09% of Crestwood Advisors’s portfolio.
United Technologies Corporation closed down -0.2 points or -0.19% at $106.5 with 26,77,456 shares getting traded on Monday. Post opening the session at $106.66, the shares hit an intraday low of $106.37 and an intraday high of $106.96 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, United Technologies Corporation reported $1.76 EPS for the quarter, beating the analyst consensus estimate by $ 0.09 according to the earnings call on Oct 25, 2016. Analyst had a consensus of $1.67. The company had revenue of $14354.00 million for the quarter, compared to analysts expectations of $14286.18 million. The company’s revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.67 EPS.
Many Wall Street Analysts have commented on United Technologies Corporation. United Technologies Corporation was Downgraded by Citigroup to ” Neutral” on Oct 10, 2016. Shares were Reiterated by UBS on Sep 19, 2016 to “Buy” and Lowered the Price Target to $ 115 from a previous price target of $118 .
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.