(UTX) Stake Lessened by Stack Financial Management Inc

Lloyd Doyle
February 25, 2018

The institutional investor held 16,905 shares of the aerospace company at the end of 2017Q3, valued at $1.06 million, up from 9,327 at the end of the previous reported quarter. The company has market cap of $98.81 million. About 1.24 million shares traded. Equifax Inc. (NYSE:EFX) has risen 11.28% since February 23, 2017 and is uptrending. It has underperformed by 60.81% the S&P500.

Acropolis Investment Management Llc increased its stake in United Technologies Corp (UTX) by 81.25% based on its latest 2017Q3 regulatory filing with the SEC. Oak Associates Ltd sold 107,350 shares as Flextronics International Ltd. (FLEX)'s stock rose 0.43%. The First Merchants Corp holds 75,854 shares with $8.81M value, up from 37,881 last quarter. Johnson Financial Group Inc who had been investing in United Technologies Corp for a number of months, seems to be bullish on the $106.49 billion market cap company.

UTX traded at an unexpectedly high level on 02/22/2018 when the stock experienced a 3.34% gain to a closing price of $133.58. The stock had a trading volume of 4,563,237 shares, compared to its average volume of 5,610,000. It has outperformed by 6.29% the S&P500. Quantbot Technologies LP owns 5,610 shares or 0.01% of their United States portfolio. Metropolitan Life Ins Com New York has invested 0% in Laredo Petroleum, Inc. $5.57 million worth of DaVita Inc. (NYSE:PM) was sold by CAMILLERI LOUIS C. 3,572 shares were sold by HILGER JAMES K, worth $282,008. Eagle Ridge Inv accumulated 51,712 shares or 0.99% of the stock. Shares for $546,600 were sold by Amato Elizabeth B.

Investors sentiment increased to 1.05 in Q3 2017. Its down 0.33, from 1.04 in 2017Q2. It increased, as 23 investors sold LPI shares while 41 reduced holdings. 87 funds opened positions while 118 raised stakes. 497.19 million shares or 0.70% less from 500.69 million shares in 2017Q2 were reported. Cibc Mkts Incorporated has 23,435 shares. Inc. grew its position in shares of United Technologies by 750.4% in the 3rd quarter. 3,548 were reported by Lourd Lc. Northern Trust invested 0% of its portfolio in Laredo Petroleum, Inc. Rand Wealth Ltd holds 1.48% or 110,853 shares in its portfolio. (NYSE:LPI). Hap Trading Ltd Co holds 0.01% in Laredo Petroleum, Inc. (NYSE:DVA) for 22,718 shares. Employees Retirement Of Ohio has invested 0.03% in DaVita Inc. It also reduced its holding in Lear Corporation (NYSE:LEA) by 2,934 shares in the quarter, leaving it with 20,925 shares, and cut its stake in Intel Corporation (NASDAQ:INTC). Victory Capital Management Inc. now owns 42,601 shares of the conglomerate's stock worth $4,945,000 after acquiring an additional 6,853 shares in the last quarter.

Analysts await Laredo Petroleum, Inc. (NYSE:UTX) by 18.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. They expect $0.91 EPS, up 15.19% or $0.12 from last year's $0.79 per share. UTX's profit will be $1.21B for 21.92 P/E if the $1.51 EPS becomes a reality. New Gold Inc. had 32 analyst reports since July 28, 2015 according to SRatingsIntel. Nine research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Therefore 57% are positive. Barclays assumed coverage on shares of United Technologies in a research report on Thursday, February 15th. On Monday, January 8 the stock rating was maintained by Jefferies with "Buy". Canaccord Genuity upgraded the stock to "Buy" rating in Friday, October 20 report. On Wednesday, November 8 the stock rating was maintained by Bank of America with "Neutral". Deutsche Bank upgraded Equifax Inc. (NYSE:PM) on Monday, July 17 with "Buy" rating. The rating was downgraded by Citigroup to "Neutral" on Monday, October 10. Robert W. Baird maintained DaVita Inc. Greenwood Gearhart stated it has 2.64% in United Technologies Corporation (NYSE:UTX). Jefferies maintained the stock with "Hold" rating in Thursday, November 2 report. The stock of Equifax Inc. The firm earned "Sector Perform" rating on Thursday, January 12 by RBC Capital Markets. The firm earned "Buy" rating on Tuesday, October 6 by Numis Securities. Old Point Trust Financial Serv N A owns 6,195 shares. Convergence Investment Partners LLC's holdings in United Technologies were worth $206,000 at the end of the most recent quarter. Leading up to this report, we have seen a -1.8% fall in the stock price over the last 30 days and a 14.78% increase over the past 3 months. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.35 and a quick ratio of 0.94.


Several other hedge funds and other institutional investors also recently bought and sold shares of the company. The conglomerate reported $1.60 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.56 by $0.04. Rothschild Inv Il holds 0.1% of its portfolio in United Technologies Corporation (NYSE:UTX) for 7,419 shares. Ahl Prtnrs Llp invested in 0.26% or 126,393 shares. Koch Indus holds 0.15% or 5,582 shares. Knowledge Leaders Capital LLC bought a new position in shares of United Technologies during the third quarter valued at about $105,000. Highvista Strategies Lc accumulated 2,700 shares. Pitcairn reported 13,453 shares. In order to determine directional movement, the 50-day and 200-day moving averages for United Technologies Corporation (NYSE:UTX) are $132.58 and $122.05. Pillar Pacific Mngmt Limited Liability stated it has 48,221 shares or 0.72% of all its holdings. Norman Fields Gottscho Mgmt Llc has invested 0.53% in United Technologies Corporation (NYSE:UTX).

United Technologies (NYSE:UTX) last released its quarterly earnings data on Wednesday, January 24th. Creative Planning holds 0.05% of its portfolio in United Technologies Corporation (NYSE:UTX) for 89,318 shares. Legacy Cap Ptnrs reported 0.94% stake.

Since December 13, 2017, it had 0 buys, and 3 sales for $734,561 activity.

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