Trust Co Of Oklahoma buys $3,721,158 stake in United Technologies Corporation (UTX)

United Technologies Corporation (UTX) : Trust Co Of Oklahoma scooped up 485 additional shares in United Technologies Corporation during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Oct 7, 2016. The investment management firm now holds a total of 36,997 shares of United Technologies Corporation which is valued at $3,721,158.United Technologies Corporation makes up approximately 2.06% of Trust Co Of Oklahoma’s portfolio.

Other Hedge Funds, Including , Arvest Bank Trust Division reduced its stake in UTX by selling 525 shares or 0.32% in the most recent quarter. The Hedge Fund company now holds 164,772 shares of UTX which is valued at $16,572,768. United Technologies Corporation makes up approx 1.40% of Arvest Bank Trust Division’s portfolio.Boltwood Capital Management boosted its stake in UTX in the latest quarter, The investment management firm added 25 additional shares and now holds a total of 14,065 shares of United Technologies Corporation which is valued at $1,438,146. United Technologies Corporation makes up approx 1.16% of Boltwood Capital Management’s portfolio.Cardinal Capital Management boosted its stake in UTX in the latest quarter, The investment management firm added 1,746 additional shares and now holds a total of 107,246 shares of United Technologies Corporation which is valued at $10,965,904. United Technologies Corporation makes up approx 1.24% of Cardinal Capital Management’s portfolio.Hefty Wealth Partners boosted its stake in UTX in the latest quarter, The investment management firm added 721 additional shares and now holds a total of 5,721 shares of United Technologies Corporation which is valued at $584,972. United Technologies Corporation makes up approx 0.45% of Hefty Wealth Partners’s portfolio.Lynch Associatesin reduced its stake in UTX by selling 59 shares or 0.24% in the most recent quarter. The Hedge Fund company now holds 24,470 shares of UTX which is valued at $2,502,058. United Technologies Corporation makes up approx 1.11% of Lynch Associatesin’s portfolio.

United Technologies Corporation closed down -1.5 points or -1.47% at $100.58 with 39,38,697 shares getting traded on Friday. Post opening the session at $100.96, the shares hit an intraday low of $99.81 and an intraday high of $101.01 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.

Many Wall Street Analysts have commented on United Technologies Corporation. 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.

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