United Technologies Corporation (UTX) : Osher Van De Voorde Investment Management scooped up 1,150 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 73,825 shares of United Technologies Corporation which is valued at $8,037,328.United Technologies Corporation makes up approximately 4.85% of Osher Van De Voorde Investment Management’s portfolio.
Other Hedge Funds, Including , Trexquant Investment Lp sold out all of its stake in UTX during the most recent quarter. The investment firm sold 5,000 shares of UTX which is valued $544,350.Jennison Associates boosted its stake in UTX in the latest quarter, The investment management firm added 27,712 additional shares and now holds a total of 1,176,625 shares of United Technologies Corporation which is valued at $125,063,471. United Technologies Corporation makes up approx 0.13% of Jennison Associates’s portfolio.Baker Ellis Asset Management reduced its stake in UTX by selling 321 shares or 1.61% in the most recent quarter. The Hedge Fund company now holds 19,590 shares of UTX which is valued at $2,108,864. United Technologies Corporation makes up approx 0.65% of Baker Ellis Asset Management’s portfolio.Yhb Investment Advisors boosted its stake in UTX in the latest quarter, The investment management firm added 3,523 additional shares and now holds a total of 83,327 shares of United Technologies Corporation which is valued at $8,760,168. United Technologies Corporation makes up approx 1.86% of Yhb Investment Advisors’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.