Todd Asset Management Upped Lazard LTD (LAZ) Holding By $5.07 Million; Cypress Capital Management Boosted By $958,624 Its United Technologies (UTX) Stake

February 15, 2018 - By Neil V. Hobbs

Cypress Capital Management Llc increased United Technologies Corp (UTX) stake by 10.7% reported in 2017Q3 SEC filing. Cypress Capital Management Llc acquired 8,264 shares as United Technologies Corp (UTX)’s stock rose 8.03%. The Cypress Capital Management Llc holds 85,476 shares with $9.92M value, up from 77,212 last quarter. United Technologies Corp now has $103.17 billion valuation. The stock increased 2.38% or $3 during the last trading session, reaching $129. About 1.94 million shares traded. United Technologies Corporation (NYSE:UTX) has risen 22.99% since February 15, 2017 and is uptrending. It has outperformed by 6.29% the S&P500.

Todd Asset Management Llc increased Lazard Ltd (LAZ) stake by 35.83% reported in 2017Q3 SEC filing. Todd Asset Management Llc acquired 112,761 shares as Lazard Ltd (LAZ)’s stock rose 1.82%. The Todd Asset Management Llc holds 427,507 shares with $19.33 million value, up from 314,746 last quarter. Lazard Ltd now has $7.22 billion valuation. The stock decreased 1.49% or $0.84 during the last trading session, reaching $55.64. About 477,198 shares traded. Lazard Ltd (NYSE:LAZ) has risen 35.63% since February 15, 2017 and is uptrending. It has outperformed by 18.93% the S&P500.

Todd Asset Management Llc decreased Delphi Automotive Plc (NYSE:DLPH) stake by 16,698 shares to 611,504 valued at $60.17M in 2017Q3. It also reduced Carnival Corp (NYSE:CCL) stake by 73,165 shares and now owns 573,024 shares. Mcdonalds Corp (NYSE:MCD) was reduced too.

Among 14 analysts covering Lazard (NYSE:LAZ), 12 have Buy rating, 0 Sell and 2 Hold. Therefore 86% are positive. Lazard had 40 analyst reports since July 24, 2015 according to SRatingsIntel. Argus Research maintained Lazard Ltd (NYSE:LAZ) rating on Thursday, October 22. Argus Research has “Buy” rating and $56 target. The stock has “Neutral” rating by Nomura on Friday, November 3. The company was upgraded on Monday, January 8 by Goldman Sachs. The firm earned “Buy” rating on Friday, October 27 by Buckingham Research. JMP Securities maintained the shares of LAZ in report on Friday, February 2 with “Market Outperform” rating. On Wednesday, January 10 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. Sandler O’Neill upgraded the shares of LAZ in report on Wednesday, October 7 to “Buy” rating. Keefe Bruyette & Woods maintained the shares of LAZ in report on Thursday, December 21 with “Buy” rating. The firm has “Neutral” rating by Buckingham Research given on Thursday, December 21. The company was upgraded on Wednesday, January 3 by Instinet.

Investors sentiment increased to 1.12 in 2017 Q3. Its up 0.10, from 1.02 in 2017Q2. It is positive, as 28 investors sold LAZ shares while 85 reduced holdings. 42 funds opened positions while 85 raised stakes. 89.96 million shares or 1.32% more from 88.79 million shares in 2017Q2 were reported. Bnp Paribas Arbitrage accumulated 4,773 shares. Systematic Mgmt Lp holds 0.81% of its portfolio in Lazard Ltd (NYSE:LAZ) for 888,015 shares. Whittier Co Of Nevada has 152 shares for 0% of their portfolio. 674,499 were accumulated by Tiaa Cref Investment Limited Liability Co. Brandywine Investment Lc reported 151,876 shares stake. Cullen Frost Bankers Inc holds 0.01% or 4,590 shares. Hudson Bay Capital Management Lp owns 105,000 shares or 0.12% of their US portfolio. Quantbot Techs Ltd Partnership accumulated 18,455 shares or 0.08% of the stock. Moreover, Weaver C Barksdale Assocs has 0.74% invested in Lazard Ltd (NYSE:LAZ). Eqis Cap Mngmt reported 8,858 shares. Fmr Limited Co, Massachusetts-based fund reported 1.77 million shares. Mogy Joel R Investment Counsel holds 18,070 shares or 0.14% of its portfolio. Silvercrest Asset Management Grp Incorporated Limited Liability Company invested 0.02% of its portfolio in Lazard Ltd (NYSE:LAZ). Barclays Public Ltd has 1.94 million shares for 0.09% of their portfolio. Ohio-based Huntington Bank has invested 0% in Lazard Ltd (NYSE:LAZ).

Since December 13, 2017, it had 0 buys, and 3 selling transactions for $734,561 activity. Bailey Robert J. had sold 864 shares worth $108,873 on Friday, December 15. $546,600 worth of United Technologies Corporation (NYSE:UTX) was sold by Amato Elizabeth B.

Among 21 analysts covering United Technologies Corporation (NYSE:UTX), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. United Technologies Corporation had 79 analyst reports since July 21, 2015 according to SRatingsIntel. Cowen & Co upgraded United Technologies Corporation (NYSE:UTX) on Thursday, July 23 to “Outperform” rating. On Monday, June 12 the stock rating was initiated by HSBC with “Hold”. Argus Research downgraded United Technologies Corporation (NYSE:UTX) on Thursday, January 26 to “Hold” rating. The stock of United Technologies Corporation (NYSE:UTX) earned “Buy” rating by Jefferies on Thursday, January 25. Jefferies maintained United Technologies Corporation (NYSE:UTX) on Friday, July 7 with “Buy” rating. Jefferies downgraded United Technologies Corporation (NYSE:UTX) on Monday, August 24 to “Buy” rating. The firm earned “Hold” rating on Thursday, August 10 by Stifel Nicolaus. The company was downgraded on Monday, October 10 by CItigroup. The stock of United Technologies Corporation (NYSE:UTX) has “Buy” rating given on Tuesday, October 3 by Jefferies. Credit Suisse maintained the shares of UTX in report on Monday, November 16 with “Neutral” rating.

Investors sentiment increased to 1.05 in Q3 2017. Its up 0.10, from 0.95 in 2017Q2. It increased, as 63 investors sold UTX shares while 503 reduced holdings. 111 funds opened positions while 484 raised stakes. 621.08 million shares or 1.52% more from 611.76 million shares in 2017Q2 were reported. Bangor Commercial Bank owns 0.16% invested in United Technologies Corporation (NYSE:UTX) for 6,550 shares. Chesley Taft & Limited Com holds 0.07% or 7,325 shares. Tocqueville Asset Mngmt LP stated it has 0.15% in United Technologies Corporation (NYSE:UTX). Quadrant Cap Mgmt Limited Liability reported 1.46% in United Technologies Corporation (NYSE:UTX). Private Com Na has invested 0.26% in United Technologies Corporation (NYSE:UTX). Guggenheim Capital Limited Liability holds 0.12% or 443,577 shares in its portfolio. Brown Brothers Harriman And has invested 0.04% of its portfolio in United Technologies Corporation (NYSE:UTX). Kcm Investment Lc has invested 0.19% in United Technologies Corporation (NYSE:UTX). Southeastern Asset Tn holds 6.78% or 4.86M shares. Janney Capital Management Limited Liability Co reported 0.02% in United Technologies Corporation (NYSE:UTX). Pensionfund Dsm Netherlands reported 43,900 shares. 44,357 were accumulated by Hendershot. Goelzer Investment Management Inc holds 47,620 shares or 0.65% of its portfolio. Tiemann Investment Advsr Limited Liability Company owns 1.2% invested in United Technologies Corporation (NYSE:UTX) for 12,215 shares. Eqis has invested 0.13% of its portfolio in United Technologies Corporation (NYSE:UTX).

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