United Technologies Corporation (UTX) : St Germain D J Co Inc scooped up 105 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 6,741 shares of United Technologies Corporation which is valued at $712,524.United Technologies Corporation makes up approximately 0.10% of St Germain D J Co Inc’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 , Lodestar Investment Counselil boosted its stake in UTX in the latest quarter, The investment management firm added 9,265 additional shares and now holds a total of 169,648 shares of United Technologies Corporation which is valued at $17,931,794. United Technologies Corporation makes up approx 2.53% of Lodestar Investment Counselil’s portfolio.Community Bank N.a. reduced its stake in UTX by selling 225 shares or 0.72% in the most recent quarter. The Hedge Fund company now holds 31,132 shares of UTX which is valued at $3,290,652. United Technologies Corporation makes up approx 0.78% of Community Bank N.a.’s portfolio.Wendell David Associates Inc reduced its stake in UTX by selling 12,249 shares or 14.14% in the most recent quarter. The Hedge Fund company now holds 74,392 shares of UTX which is valued at $7,863,234. United Technologies Corporation makes up approx 1.51% of Wendell David Associates Inc’s portfolio.Independent Portfolio Consultants boosted its stake in UTX in the latest quarter, The investment management firm added 620 additional shares and now holds a total of 9,390 shares of United Technologies Corporation which is valued at $981,912. United Technologies Corporation makes up approx 0.27% of Independent Portfolio Consultants’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.