1,827 Shares in United Technologies Corporation (UTX) Purchased by Good Life Advisors LLC

Good Life Advisors LLC acquired a new position in United Technologies Corporation (NYSE:UTX) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,827 shares of the conglomerate’s stock, valued at approximately $203,000.

A number of other hedge funds also recently bought and sold shares of the stock. Alexandria Capital LLC lifted its holdings in United Technologies Corporation by 0.4% in the first quarter. Alexandria Capital LLC now owns 1,075 shares of the conglomerate’s stock worth $121,000 after purchasing an additional 4 shares during the period. TCI Wealth Advisors Inc. lifted its stake in United Technologies Corporation by 0.3% during the first quarter. TCI Wealth Advisors Inc. now owns 2,501 shares of the conglomerate’s stock valued at $281,000 after buying an additional 7 shares in the last quarter. Jackson Grant Investment Advisers Inc. lifted its stake in United Technologies Corporation by 0.5% during the first quarter. Jackson Grant Investment Advisers Inc. now owns 1,780 shares of the conglomerate’s stock valued at $200,000 after buying an additional 9 shares in the last quarter. Kissinger Financial Services LLC lifted its stake in United Technologies Corporation by 0.6% during the first quarter. Kissinger Financial Services LLC now owns 2,084 shares of the conglomerate’s stock valued at $234,000 after buying an additional 12 shares in the last quarter. Finally, Hudock Capital Group LLC lifted its stake in United Technologies Corporation by 0.5% during the first quarter. Hudock Capital Group LLC now owns 3,690 shares of the conglomerate’s stock valued at $414,000 after buying an additional 17 shares in the last quarter. 78.85% of the stock is owned by institutional investors and hedge funds.

United Technologies Corporation (NYSE UTX) traded up 0.37% on Friday, hitting $113.56. The company had a trading volume of 3,064,037 shares. The stock has a 50 day moving average of $116.03 and a 200-day moving average of $117.52. United Technologies Corporation has a one year low of $97.62 and a one year high of $124.79. The stock has a market capitalization of $90.71 billion, a PE ratio of 17.30 and a beta of 1.05.

United Technologies Corporation (NYSE:UTX) last posted its quarterly earnings data on Tuesday, July 25th. The conglomerate reported $1.85 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.78 by $0.07. The company had revenue of $15.28 billion during the quarter, compared to analyst estimates of $15.24 billion. United Technologies Corporation had a return on equity of 18.07% and a net margin of 9.15%. The firm’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the company earned $1.82 earnings per share. Equities analysts anticipate that United Technologies Corporation will post $6.57 EPS for the current year.

A number of equities analysts have recently weighed in on the company. BidaskClub downgraded United Technologies Corporation from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. Royal Bank Of Canada restated a “hold” rating and issued a $125.00 price objective on shares of United Technologies Corporation in a report on Sunday, August 13th. Stifel Nicolaus restated a “hold” rating and issued a $126.00 price objective on shares of United Technologies Corporation in a report on Friday, July 7th. Zacks Investment Research cut United Technologies Corporation from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. Finally, Jefferies Group LLC reaffirmed a “buy” rating on shares of United Technologies Corporation in a research report on Wednesday, May 31st. Sixteen investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $124.48.

TRADEMARK VIOLATION NOTICE: “1,827 Shares in United Technologies Corporation (UTX) Purchased by Good Life Advisors LLC” was posted by BBNS and is the property of of BBNS. If you are reading this report on another site, it was stolen and republished in violation of international trademark and copyright legislation. The legal version of this report can be read at https://baseballnewssource.com/markets/good-life-advisors-llc-invests-203000-in-united-technologies-corporation-utx/1603488.html.

United Technologies Corporation Profile

United Technologies Corporation is engaged in providing high technology products and services to the building systems and aerospace industries around the world. The Company operates through four segments: Otis; UTC Climate, Controls & Security; Pratt & Whitney, and UTC Aerospace Systems. Otis operates as an elevator and escalator manufacturing, installation and service company.

Institutional Ownership by Quarter for United Technologies Corporation (NYSE:UTX)

Receive News & Ratings for United Technologies Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Technologies Corporation and related companies with our FREE daily email newsletter.

 


Latest News

Los Angeles Dodgers Waiting But Magic Number Down to One
Los Angeles Dodgers Waiting But Magic Number Down to One
Young Girl Hit by Foul Ball Rushed to Hospital
Young Girl Hit by Foul Ball Rushed to Hospital
New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game


Leave a Reply

 
© 2006-2017 BBNS.