United Technologies (UTX) Market Value Rose While Middleton & Co Has Lowered Its Holding; Visa (V) Share Value Rose While Hengistbury Investment Partners Llp Has Boosted Stake

October 12, 2017 - By Richard Conner

Middleton & Co Inc decreased its stake in United Technologies Corp (UTX) by 5.83% based on its latest 2017Q2 regulatory filing with the SEC. Middleton & Co Inc sold 5,350 shares as the company’s stock rose 8.03% with the market. The institutional investor held 86,414 shares of the aerospace company at the end of 2017Q2, valued at $10.55 million, down from 91,764 at the end of the previous reported quarter. Middleton & Co Inc who had been investing in United Technologies Corp for a number of months, seems to be less bullish one the $94.49 billion market cap company. The stock rose 0.50% or $0.59 reaching $118.34. About 500,174 shares traded. United Technologies Corporation (NYSE:UTX) has risen 22.99% since October 12, 2016 and is uptrending. It has outperformed by 6.29% the S&P500.

Stuart Powers increased its stake in Visa Inc (V) by 13.24% based on its latest 2017Q2 regulatory filing with the SEC. Hengistbury Investment Partners Llp bought 273,271 shares as the company’s stock rose 5.74% with the market. The hedge fund run by Stuart Powers held 2.34M shares of the business services company at the end of 2017Q2, valued at $219.15M, up from 2.06 million at the end of the previous reported quarter. Hengistbury Investment Partners Llp who had been investing in Visa Inc for a number of months, seems to be bullish on the $248.99 billion market cap company. The stock declined 0.01% or $0.01 reaching $108.43 on the news. About 2.09 million shares traded. Visa Inc (NYSE:V) has risen 20.29% since October 12, 2016 and is uptrending. It has outperformed by 3.59% the S&P500.

Since May 3, 2017, it had 0 insider buys, and 2 sales for $1.25 million activity. DELPECH PHILIPPE also sold $925,993 worth of United Technologies Corporation (NYSE:UTX) shares.

Middleton & Co Inc, which manages about $602.39 million and $469.50 million US Long portfolio, upped its stake in Lauder Estee Cos Inc (NYSE:EL) by 10,940 shares to 57,290 shares, valued at $5.50M in 2017Q2, according to the filing. It also increased its holding in Verizon Communications Inc (NYSE:VZ) by 11,180 shares in the quarter, for a total of 140,583 shares, and has risen its stake in Jpmorgan Chase & Co (NYSE:JPM).

Among 21 analysts covering United Technologies Corporation (NYSE:UTX), 6 have Buy rating, 0 Sell and 15 Hold. Therefore 29% are positive. United Technologies Corporation had 63 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by CItigroup on Monday, October 10 to “Neutral”. The firm has “Neutral” rating given on Wednesday, July 22 by Atlantic Securities. Jefferies maintained the stock with “Buy” rating in Monday, August 28 report. RBC Capital Markets maintained the stock with “Hold” rating in Sunday, October 8 report. The firm has “Outperform” rating by Credit Suisse given on Monday, December 19. The rating was downgraded by Cowen & Co to “Market Perform” on Wednesday, September 6. The company was maintained on Friday, July 7 by RBC Capital Markets. Goldman Sachs downgraded the stock to “Neutral” rating in Monday, May 2 report. The company was maintained on Tuesday, October 3 by Jefferies. On Friday, January 27 the stock rating was maintained by Stifel Nicolaus with “Hold”.

Investors sentiment decreased to 0.95 in 2017 Q2. Its down 0.03, from 0.98 in 2017Q1. It dived, as 39 investors sold UTX shares while 553 reduced holdings. 112 funds opened positions while 451 raised stakes. 611.76 million shares or 0.92% less from 617.43 million shares in 2017Q1 were reported. 35,942 were reported by Of Toledo Na Oh. Puzo Michael J accumulated 34,284 shares or 2.26% of the stock. Lederer And Associate Investment Counsel Ca invested in 1.91% or 16,225 shares. Strs Ohio reported 0.23% of its portfolio in United Technologies Corporation (NYSE:UTX). Davis R M Inc reported 252,477 shares. Fincl Architects stated it has 0.09% in United Technologies Corporation (NYSE:UTX). Geneva Advisors Ltd Liability Corp invested in 0.06% or 26,286 shares. Pennsylvania-based Vanguard has invested 0.33% in United Technologies Corporation (NYSE:UTX). Cypress Cap Mgmt Ltd Liability Co (Wy) reported 0% of its portfolio in United Technologies Corporation (NYSE:UTX). Mitchell Mcleod Pugh And Williams holds 0.37% of its portfolio in United Technologies Corporation (NYSE:UTX) for 3,946 shares. Financial Bank Of Ny Mellon holds 11.86 million shares or 0.41% of its portfolio. Ajo Limited Partnership reported 0.03% of its portfolio in United Technologies Corporation (NYSE:UTX). Next Grp owns 12,100 shares or 0% of their US portfolio. Ftb Advsrs Incorporated invested in 0.06% or 4,882 shares. The Arizona-based Papp L Roy And Associate has invested 0.96% in United Technologies Corporation (NYSE:UTX).

More notable recent United Technologies Corporation (NYSE:UTX) news were published by: Bloomberg.com which released: “GE Won’t Let United Tech Have All the Avionics Fun” on September 14, 2017, also Seekingalpha.com with their article: “United Technologies Overpaid For Rockwell Collins” published on September 12, 2017, Seekingalpha.com published: “United Technologies: Avoid This Large Cap Industrial Business Until The Tax …” on September 29, 2017. More interesting news about United Technologies Corporation (NYSE:UTX) were released by: Seekingalpha.com and their article: “United Technologies: Fools Rush In?” published on September 21, 2017 as well as Fortune.com‘s news article titled: “This Measure Suggests United Technologies Will Struggle With Rockwell Collins” with publication date: September 13, 2017.

Analysts await United Technologies Corporation (NYSE:UTX) to report earnings on October, 24. They expect $1.69 earnings per share, down 3.98% or $0.07 from last year’s $1.76 per share. UTX’s profit will be $1.35 billion for 17.51 P/E if the $1.69 EPS becomes a reality. After $1.85 actual earnings per share reported by United Technologies Corporation for the previous quarter, Wall Street now forecasts -8.65% negative EPS growth.

Investors sentiment increased to 1.13 in 2017 Q2. Its up 0.09, from 1.04 in 2017Q1. It improved, as 44 investors sold V shares while 564 reduced holdings. 123 funds opened positions while 564 raised stakes. 1.66 billion shares or 1.28% less from 1.68 billion shares in 2017Q1 were reported. Chicago Equity Ptnrs Ltd reported 136,235 shares. United Capital Advisers Ltd Liability Com reported 431,920 shares stake. Genesee Valley reported 1.36% stake. The Georgia-based Gw Henssler And Assocs Ltd has invested 1.45% in Visa Inc (NYSE:V). 63,250 were reported by Robshaw & Julian Assoc. 20,396 were accumulated by Reliance Trust Communication Of Delaware. Lloyds Bk Grp Inc Public Lc accumulated 3,441 shares. Beacon Advisors Inc, a Texas-based fund reported 1,015 shares. Qci Asset Management New York invested in 346 shares or 0% of the stock. Oakbrook Invs Llc owns 2.26% invested in Visa Inc (NYSE:V) for 363,249 shares. Natl Bank Of The West reported 1.02% stake. Moreover, Mu Invs Ltd has 0.05% invested in Visa Inc (NYSE:V). Junto Capital Mngmt LP has invested 3.13% in Visa Inc (NYSE:V). Community Trust Invest Company reported 261,386 shares or 2.74% of all its holdings. Condor Capital Mngmt owns 28,727 shares or 0.57% of their US portfolio.

Among 34 analysts covering Visa Inc. (NYSE:V), 28 have Buy rating, 0 Sell and 6 Hold. Therefore 82% are positive. Visa Inc. had 74 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Barclays Capital with “Overweight” on Monday, May 16. RBC Capital Markets maintained Visa Inc (NYSE:V) rating on Monday, August 21. RBC Capital Markets has “Buy” rating and $111.0 target. The firm earned “Outperform” rating on Tuesday, December 8 by Keefe Bruyette & Woods. The rating was maintained by RBC Capital Markets on Friday, January 29 with “Outperform”. The stock of Visa Inc (NYSE:V) earned “Hold” rating by Topeka Capital Markets on Friday, July 24. The rating was maintained by Robert W. Baird on Monday, September 25 with “Buy”. The stock has “Buy” rating by Robert W. Baird on Tuesday, August 22. The stock has “Outperform” rating by RBC Capital Markets on Tuesday, October 25. Guggenheim upgraded Visa Inc (NYSE:V) on Monday, December 5 to “Buy” rating. The firm earned “Buy” rating on Friday, July 21 by Bank of America.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Twitter Auto Publish Powered By : XYZScripts.com