Capital Management Corp VA raised its position in shares of United Technologies Corporation (NYSE:UTX) by 13.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,173 shares of the company’s stock after buying an additional 625 shares during the period. Capital Management Corp VA’s holdings in United Technologies Corporation were worth $526,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the stock. Thomas J. Herzfeld Advisors Inc. raised its position in shares of United Technologies Corporation by 181.1% in the second quarter. Thomas J. Herzfeld Advisors Inc. now owns 1,071 shares of the company’s stock worth $110,000 after buying an additional 690 shares during the last quarter. CWM LLC raised its position in shares of United Technologies Corporation by 5.0% in the second quarter. CWM LLC now owns 1,124 shares of the company’s stock worth $115,000 after buying an additional 54 shares during the last quarter. Nelson Roberts Investment Advisors LLC raised its position in shares of United Technologies Corporation by 30.1% in the second quarter. Nelson Roberts Investment Advisors LLC now owns 1,183 shares of the company’s stock worth $121,000 after buying an additional 274 shares during the last quarter. Cable Hill Partners LLC raised its position in shares of United Technologies Corporation by 59.0% in the second quarter. Cable Hill Partners LLC now owns 1,181 shares of the company’s stock worth $122,000 after buying an additional 438 shares during the last quarter. Finally, Thompson Davis & CO. Inc. raised its position in shares of United Technologies Corporation by 523.6% in the second quarter. Thompson Davis & CO. Inc. now owns 1,266 shares of the company’s stock worth $130,000 after buying an additional 1,063 shares during the last quarter. 78.29% of the stock is currently owned by institutional investors.

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

Shares of United Technologies Corporation (NYSE:UTX) traded down 0.54% on Friday, reaching $110.22. The company had a trading volume of 2,880,618 shares. The firm has a market cap of $90.76 billion, a P/E ratio of 12.59 and a beta of 1.11. The company has a 50-day moving average price of $109.82 and a 200-day moving average price of $105.62. United Technologies Corporation has a one year low of $83.39 and a one year high of $112.83.

United Technologies Corporation (NYSE:UTX) last posted its earnings results on Tuesday, October 25th. The company reported $1.76 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.67 by $0.09. The business earned $14.40 billion during the quarter, compared to the consensus estimate of $12.28 billion. United Technologies Corporation had a return on equity of 18.28% and a net margin of 12.87%. United Technologies Corporation’s revenue was up 4.1% on a year-over-year basis. During the same quarter last year, the company earned $1.67 EPS. On average, analysts expect that United Technologies Corporation will post $6.60 earnings per share for the current fiscal year.

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Several equities research analysts recently issued reports on UTX shares. Wells Fargo & Company reissued a “buy” rating on shares of United Technologies Corporation in a research report on Monday, November 14th. Vetr raised United Technologies Corporation from a “hold” rating to a “buy” rating and set a $120.61 price target on the stock in a research report on Monday, December 19th. Barclays PLC reissued an “equal weight” rating and set a $111.00 price target on shares of United Technologies Corporation in a research report on Friday, December 16th. Deutsche Bank AG upped their price target on United Technologies Corporation from $105.00 to $112.00 and gave the company a “hold” rating in a research report on Monday, December 5th. Finally, Credit Suisse Group reissued a “hold” rating and set a $109.00 price target on shares of United Technologies Corporation in a research report on Friday, September 30th. Twelve analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. United Technologies Corporation has a consensus rating of “Hold” and an average price target of $113.09.

In related news, VP Robert J. Bailey sold 967 shares of the firm’s stock in a transaction that occurred on Thursday, November 10th. The stock was sold at an average price of $106.46, for a total transaction of $102,946.82. Following the completion of the transaction, the vice president now owns 2,000 shares in the company, valued at approximately $212,920. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Brian C. Rogers bought 5,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 7th. The shares were bought at an average price of $107.94 per share, with a total value of $539,700.00. Following the transaction, the director now directly owns 5,000 shares in the company, valued at $539,700. The disclosure for this purchase can be found here. Corporate insiders own 0.15% of the company’s stock.

United Technologies Corporation Company 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. Its Otis segment designs, manufactures, sells and installs a range of passenger and freight elevators, as well as a line of escalators and moving walkways.

5 Day Chart for NYSE:UTX

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