As United Technologies (UTX) Valuation Declined, Hyman Charles D Raised Stake by $725,000; Apple (AAPL) Shareholder Private Wealth Advisors Trimmed Its Holding as Market Value Rose

August 12, 2018 - By Jack Shaw

United Technologies Corporation (NYSE:UTX) Logo

Private Wealth Advisors Inc decreased its stake in Apple Inc (AAPL) by 3.11% based on its latest 2018Q1 regulatory filing with the SEC. Private Wealth Advisors Inc sold 2,684 shares as the company’s stock rose 5.37% while stock markets declined. The institutional investor held 83,669 shares of the computer manufacturing company at the end of 2018Q1, valued at $14.04 million, down from 86,353 at the end of the previous reported quarter. Private Wealth Advisors Inc who had been investing in Apple Inc for a number of months, seems to be less bullish one the $ market cap company. The stock decreased 0.30% or $0.62 during the last trading session, reaching $207.53. About 22.84 million shares traded. Apple Inc. (NASDAQ:AAPL) has risen 22.56% since August 12, 2017 and is uptrending. It has outperformed by 9.99% the S&P500. Some Historical AAPL News: 23/03/2018 – Business Report: Rumour has it: Apple to debug sneaky Siri; 04/05/2018 – Warren Buffett’s Apple bet an ‘all-clear signal’ for investors: Art Cashin; 24/04/2018 – Apple sinks into correction territory; 25/05/2018 – It was a sign that Apple is serious about protecting its ability to take a cut of digital purchases made inside games on its mobile devices; 21/03/2018 – Saudis Hunting for Deals Plan to Meet Amazon, Apple, Google; 28/03/2018 – Recode Daily: Apple focuses on creativity in education at its spring product launch event; 07/03/2018 – APPLE COMMENTS IN SUPPLIER RESPONSIBILITY REPORT; 20/04/2018 – Bad signal Apple hit by phone worries; 16/05/2018 – Apple, Facebook and Tesla’s 13F Season Takeaway (Video); 06/04/2018 – Apple CEO @tim_cook on allowing @NRA TV in the app store: Do I like their tactics, their positions? Honestly, no …. But their point of view along with the alternate point of view, I think it’s actually important for the public to hear

Hyman Charles D increased its stake in United Technologies Corp (UTX) by 4.41% based on its latest 2018Q1 regulatory filing with the SEC. Hyman Charles D bought 5,800 shares as the company’s stock declined 6.23% with the market. The institutional investor held 137,307 shares of the aerospace company at the end of 2018Q1, valued at $17.28M, up from 131,507 at the end of the previous reported quarter. Hyman Charles D 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. The stock decreased 0.85% or $1.14 during the last trading session, reaching $133.1. About 2.41M shares traded. United Technologies Corporation (NYSE:UTX) has risen 3.91% since August 12, 2017 and is uptrending. It has underperformed by 8.66% the S&P500. Some Historical UTX News: 16/03/2018 – UNITED TECHNOLOGIES INVESTOR MEETING BEGINS IN FLORIDA; 12/04/2018 – UTC Aerospace Systems to Provide GKN Aerospace’s Fokker Business With Long-Term On-Site Support; 04/05/2018 – UTC’s takeover of Rockwell Collins approved by EU regulator; 19/03/2018 – United Tech CEO plans exit after Rockwell integration – Bloomberg; 09/05/2018 – Otis Launches Gen2 MRL for High-Rise Market; 20/04/2018 – United Technologies Closes Below 200-Day Average: Technicals; 16/03/2018 – UTX’S LEDUC: PRATT FIXING KNIFE-EDGE SEAL ISSUE IN GTF ENGINE; 12/03/2018 – Boeing, Caterpillar and United Technologies fell more than 2 percent; 04/05/2018 – United Technologies Is in Receipt of a Correspondence From Third Point in Which It Expresses Its Views on the Company’s Portfolio Structure; 02/05/2018 – Cedar Rapids Gaz: UTC set to win EU approval for $23 billion Rockwell Collins deal

Among 24 analysts covering United Technologies Corporation (NYSE:UTX), 15 have Buy rating, 0 Sell and 9 Hold. Therefore 63% are positive. United Technologies Corporation had 89 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of United Technologies Corporation (NYSE:UTX) earned “Buy” rating by Jefferies on Monday, August 24. Cowen & Co maintained it with “Buy” rating and $12700 target in Monday, August 7 report. As per Wednesday, January 3, the company rating was upgraded by RBC Capital Markets. The firm has “Buy” rating by Jefferies given on Tuesday, October 3. The stock of United Technologies Corporation (NYSE:UTX) earned “Buy” rating by Jefferies on Friday, July 7. The rating was downgraded by Argus Research on Thursday, January 26 to “Hold”. Credit Suisse maintained the shares of UTX in report on Monday, November 16 with “Neutral” rating. The firm earned “Buy” rating on Thursday, September 10 by Citigroup. The stock of United Technologies Corporation (NYSE:UTX) earned “Hold” rating by Cowen & Co on Monday, January 22. Deutsche Bank maintained the stock with “Hold” rating in Wednesday, September 6 report.

Since February 22, 2018, it had 1 buy, and 7 insider sales for $4.98 million activity. The insider Bailey Robert J. sold 419 shares worth $56,034. Reynolds Fredric G had bought 9,000 shares worth $1.09M on Friday, April 27. $1.25 million worth of United Technologies Corporation (NYSE:UTX) shares were sold by Gill Charles D. 10,770 shares were sold by MCDONOUGH ROBERT J, worth $1.28 million on Wednesday, May 2.

Investors sentiment increased to 0.94 in 2018 Q1. Its up 0.02, from 0.92 in 2017Q4. It increased, as 62 investors sold UTX shares while 542 reduced holdings. 98 funds opened positions while 467 raised stakes. 630.65 million shares or 1.06% more from 624.06 million shares in 2017Q4 were reported. Csu Producer Resources holds 8.27% of its portfolio in United Technologies Corporation (NYSE:UTX) for 15,000 shares. Riverhead Cap Mngmt Limited Liability Co has 19,044 shares for 0.1% of their portfolio. Parsec Finance Mgmt Inc invested in 131,440 shares. Fayez Sarofim & stated it has 1.29M shares or 0.88% of all its holdings. Wade G W holds 1.4% or 96,218 shares in its portfolio. Moreover, Mountain Pacific Inv Advisers Id has 0.43% invested in United Technologies Corporation (NYSE:UTX). Fifth Third Commercial Bank has 0.46% invested in United Technologies Corporation (NYSE:UTX). Punch & Assoc Investment Management Inc has invested 0.39% of its portfolio in United Technologies Corporation (NYSE:UTX). Mcrae Capital Inc invested in 6,545 shares or 0.37% of the stock. Cohen Capital Mgmt has invested 1.84% in United Technologies Corporation (NYSE:UTX). Westpac holds 168,790 shares or 0% of its portfolio. Gam Hldgs Ag has 0.15% invested in United Technologies Corporation (NYSE:UTX). Mirae Asset Co invested in 33,234 shares. Wilkins Invest Counsel has invested 0.59% in United Technologies Corporation (NYSE:UTX). Fairfield Bush And accumulated 0.2% or 5,502 shares.

More important recent United Technologies Corporation (NYSE:UTX) news were published by: 247Wallst.com which released: “Why United Technologies Earnings Lifted the Dow Tuesday” on July 24, 2018, also Seekingalpha.com published article titled: “Tracking Dan Loeb’s Third Point Portfolio – Q2 2018 Update”, Seekingalpha.com published: “United Technologies Ups Guidance Again” on July 26, 2018. More interesting news about United Technologies Corporation (NYSE:UTX) was released by: Seekingalpha.com and their article: “United Technologies Corporation (UTX) CEO Gregory Hayes on Q2 2018 Results – Earnings Call Transcript” with publication date: July 24, 2018.

Investors sentiment decreased to 0.69 in 2018 Q1. Its down 0.04, from 0.73 in 2017Q4. It fall, as 69 investors sold AAPL shares while 1039 reduced holdings. 125 funds opened positions while 645 raised stakes. 2.86 billion shares or 3.74% less from 2.98 billion shares in 2017Q4 were reported. Seizert Prtnrs Ltd Co has 337,503 shares for 2.06% of their portfolio. Cleararc accumulated 134,490 shares. Hardman Johnston Global Limited Com reported 0.95% stake. Pecaut & Com holds 51,739 shares. Leavell Investment Mgmt reported 99,100 shares. Cincinnati Insur has invested 0.78% in Apple Inc. (NASDAQ:AAPL). Bnp Paribas Arbitrage Sa holds 0% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 3.89 million shares. Benjamin F Edwards & Company holds 1.17% or 68,642 shares. Efg Asset Mngmt (Americas), a Florida-based fund reported 9,406 shares. Fukoku Mutual Life Company holds 0.54% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 20,880 shares. Tctc Hldgs Limited stated it has 1.07% of its portfolio in Apple Inc. (NASDAQ:AAPL). Eii Capital Mngmt Inc owns 650 shares for 0.06% of their portfolio. Nbt State Bank N A accumulated 115,885 shares. Phocas Fin holds 0.09% of its portfolio in Apple Inc. (NASDAQ:AAPL) for 8,758 shares. Jefferies Grp Incorporated Limited Liability Corp stated it has 0.01% in Apple Inc. (NASDAQ:AAPL).

More notable recent Apple Inc. (NASDAQ:AAPL) news were published by: Nasdaq.com which released: “Why You Should Buy Apple (AAPL) Stock Right Now” on July 18, 2018, also Seekingalpha.com with their article: “Could Apple Still Be Undervalued? (With Investing City)” published on August 08, 2018, Seekingalpha.com published: “Apple Delivers Solid Results” on July 31, 2018. More interesting news about Apple Inc. (NASDAQ:AAPL) were released by: Seekingalpha.com and their article: “Apple: Bigger Is Better? Maybe Not; Try Microsoft” published on August 06, 2018 as well as Seekingalpha.com‘s news article titled: “Apple’s Strategic Shift, Stock Still Cheap” with publication date: August 07, 2018.

Analysts await Apple Inc. (NASDAQ:AAPL) to report earnings on November, 1. They expect $2.75 EPS, up 32.85% or $0.68 from last year’s $2.07 per share. After $2.34 actual EPS reported by Apple Inc. for the previous quarter, Wall Street now forecasts 17.52% EPS growth.

Since April 3, 2018, it had 0 buys, and 13 sales for $52.58 million activity. AHRENDTS ANGELA J had sold 38,228 shares worth $6.75 million. Another trade for 39,122 shares valued at $6.83M was sold by Maestri Luca. WILLIAMS JEFFREY E also sold $2.99 million worth of Apple Inc. (NASDAQ:AAPL) shares. Shares for $11.56M were sold by SCHILLER PHILIP W. Shares for $910,129 were sold by KONDO CHRIS. Srouji Johny sold $2.81 million worth of stock or 14,976 shares.

United Technologies Corporation (NYSE:UTX) Institutional Positions Chart

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