Owl Creek Asset Management LP Stake in United Technologies Corp (UTX) Decreased by $14.56 Million as Shares Rose

United Technologies Corporation (NYSE:UTX) Corporate LogoBig Money Sentiment increased to 1.26 in Q4 2018. It has change of 0.17, from 2018Q3’s 1.09. The ratio increased due to UTX positioning: 79 sold and 472 reduced. 143 funds acquired stakes and 549 increased stakes. Investors holded 628.79 million in 2018Q3 but now own 668.32 million shares or 6.29% more. Edgar Lomax Va reported 222,487 shs or 1.8% of all its holdings. Wagner Bowman Management Corp has invested 0.28% in United Technologies Corporation (NYSE:UTX). Panagora Asset Mgmt Inc holds 0.01% of its capital in United Technologies Corporation (NYSE:UTX) for 21,689 shs. Johnson Counsel accumulated 28,519 shs. Suntrust Banks reported 288,793 shs. Millennium Ltd Liability Corp reported 1.18 million shs. Mercer Cap Advisers Inc reported 1,480 shs or 0.12% of all its holdings. Westport Asset Management, a Connecticut-based fund reported 4,127 shs. Smith Moore & holds 0.18% of its capital in United Technologies Corporation (NYSE:UTX) for 6,376 shs. Next Group Incorporated holds 0.11% or 4,871 shs in its capital. Armstrong Henry H Associates owns 14,607 shs. Advisors Cap Limited Liability Company owns 8,565 shs or 0.07% of their US capital. Cincinnati has invested 2.54% in United Technologies Corporation (NYSE:UTX). Korea Inv Corp reported 0.23% in United Technologies Corporation (NYSE:UTX). Moreover, Natixis Advsr Lp has 0.12% invested in United Technologies Corporation (NYSE:UTX).

UTX had 3 sales and 0 insider purchases since January 30, 2019. This’s net activity of $2.50 million. On Thursday, February 14 the insider Amato Elizabeth B sold $1.25M. Dumais Michael R had sold 9,620 shs worth $1.15 million on Wednesday, January 30.

Owl Creek Asset Management Lp decreased its stake by 24.71% in United Technologies Corp (UTX), according to 2018Q4 Securities and Exchange form. The company’s stock popped up 2.45% while Owl Creek Asset Management Lp sold 137,381 shares. The aerospace company reported $44.57 million value for the 2018Q4. Now the hedge fund is holding 418,603 shares, compared to the 555,984 from the previous quarter. United Technologies Corp has $107.92B market cap. UTX is reaching $125.15 during the last trading session, after decreased 1.36%.United Technologies Corporation has volume of 3.87M shares. Since March 23, 2018 UTX has declined 3.50% and is downtrending. UTX underperformed the S&P 500 by 7.87%.

Owl Creek Asset Management Lp has risen its stake in Ulta Beauty Inc (NASDAQ:ULTA) and also increased its holding in Allergan Plc by 37,675 shares in the quarter, for a total of 259,774 shares.

On April, 23. Investors expect United Technologies Corporation (NYSE:UTX) to report its quarterly earnings, according to Zacks. Last year’s earnings per share was $1.77, while now analysts expect change of 0.56 % up from current $1.78 earnings per share. If earnings per share of $1.78 is published the profit of UTX could reach $1.53B giving it 17.58 P/E. Wall Street predicts -8.72 % negative EPS growth as of April, 23.

For more United Technologies Corporation (NYSE:UTX) news released briefly go to: Courant.com, Seekingalpha.com, Fool.com, Fool.com or Etftrends.com. The titles are as follows: “UTC, citing aviation deal and spinoff plan, boosted chief executive’s 2018 pay and bonus – Hartford Courant” released on March 04, 2019, “New Additions To The S&P 500® Dividend Aristocrats® Class Of 2019 – Seeking Alpha” on March 20, 2019, “This Billionaire Hedge Fund Manager Says the United Technologies Split Doesn’t Go Far Enough – The Motley Fool” with a publish date: February 27, 2019, “Goldman Sachs Is Bullish on This Industrial Stock. Should You? – The Motley Fool” and the last “Why NOBL ETF’s New Holdings Are Worthy – ETF Trends” with publication date: March 19, 2019.

United Technologies Corporation (NYSE:UTX) Ratings Coverage

In total 6 analysts cover United Technologies Corp (NYSE:UTX). “Buy” rating has 4, “Sell” are 0, while 2 are “Hold”. (NYSE:UTX) has 67% bullish analysts. With $15500 highest and $119 lowest target, United Technologies Corp has $135.50 average target or 8.27% above the current ($125.15) price. 8 are the (NYSE:UTX)’s ratings reports on Mar 23, 2019 according to StockzIntelligence Inc. On Wednesday, November 28 the stock of United Technologies Corporation (NYSE:UTX) has “Buy” rating given by Morgan Stanley. The company rating was downgraded by RBC Capital Markets on Friday, January 4. On Friday, January 11 the rating was maintained by Barclays Capital with “Overweight”. On Monday, December 17 the firm has “Overweight” rating by Barclays Capital given. On Friday, February 22 the firm has “Overweight” rating given by JP Morgan. On Friday, January 4 the firm earned “Neutral” rating by Citigroup.

United Technologies Corporation (NYSE:UTX) Institutional Investors Chart

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