United Technologies Corporation (UTX) : Alpha Omega Wealth Management scooped up 956 additional shares in United Technologies Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 1,306 shares of United Technologies Corporation which is valued at $138,044.United Technologies Corporation makes up approximately 0.12% of Alpha Omega Wealth Management’s portfolio.
United Technologies Corporation opened for trading at $106.32 and hit $107.07 on the upside on Wednesday, eventually ending the session at $105.89, with a gain of 1.04% or 1.09 points. The heightened volatility saw the trading volume jump to 63,38,720 shares. Company has a market cap of $88,570 M.
Other Hedge Funds, Including , Dumont Blake Investment Advisors boosted its stake in UTX in the latest quarter, The investment management firm added 75 additional shares and now holds a total of 7,546 shares of United Technologies Corporation which is valued at $797,612. United Technologies Corporation makes up approx 0.41% of Dumont Blake Investment Advisors’s portfolio.First Quadrant L Pca reduced its stake in UTX by selling 650 shares or 4.0% in the most recent quarter. The Hedge Fund company now holds 15,600 shares of UTX which is valued at $1,648,920. United Technologies Corporation makes up approx 0.04% of First Quadrant L Pca’s portfolio.Yhb Investment Advisors reduced its stake in UTX by selling 3,746 shares or 4.48% in the most recent quarter. The Hedge Fund company now holds 79,804 shares of UTX which is valued at $8,435,283. United Technologies Corporation makes up approx 2.23% of Yhb Investment Advisors’s portfolio.Manning Napier Advisors reduced its stake in UTX by selling 1,147 shares or 1.2% in the most recent quarter. The Hedge Fund company now holds 94,183 shares of UTX which is valued at $9,848,716. United Technologies Corporation makes up approx 0.06% of Manning Napier Advisors’s portfolio.Chelsea Counsel Co reduced its stake in UTX by selling 6,962 shares or 7.43% in the most recent quarter. The Hedge Fund company now holds 86,750 shares of UTX which is valued at $8,860,645. United Technologies Corporation makes up approx 2.57% of Chelsea Counsel Co’s portfolio.
On the company’s financial health, United Technologies Corporation reported $1.47 EPS for the quarter, beating the analyst consensus estimate by $ 0.07 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $1.40. The company had revenue of $13357.00 million for the quarter, compared to analysts expectations of $13186.01 million. The company’s revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.51 EPS.
Many Wall Street Analysts have commented on United Technologies Corporation. Company shares were Downgraded by RBC Capital Mkts on Mar 1, 2016 to ” Sector Perform”, Firm has raised the Price Target to $ 109 from a previous price target of $100 .Shares were Reiterated by RBC Capital Mkts on Jan 28, 2016 to “Sector Perform” and Lowered the Price Target to $ 100 from a previous price target of $104 .Shares were Reiterated by Argus on Jan 28, 2016 to “Buy” and Lowered the Price Target to $ 105 from a previous price target of $125 .
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.