Parthenon LLC Has $297000 Position in United Technologies Corporation (NYSE:UTX)

Joanna Estrada
September 6, 2017

Central Securities Corp sold 22,000 shares as Brady Corp (BRC)'s stock declined 5.95%. Earnest Partners Llc, a Georgia-based fund reported 964,770 shares. During the same quarter previous year, the business posted $1.82 earnings per share. About 92,625 shares traded.

When the trading finished on 09/05/2017 United Technologies Corporation (NYSE:UTX) shares were down -5.69% to reach $111.21. It has outperformed by 6.29% the S&P500.

Larry Robbins decreased its stake in Cigna Corporation (CI) by 5.5% based on its latest 2016Q4 regulatory filing with the SEC. Moreover, Alexandria Capital Llc has 0.19% invested in the company for 35,205 shares. The stock has a market capitalization of $88.83 billion, a PE ratio of 16.94 and a beta of 1.05. Its last month's stock price volatility remained 1.96% which for the week approaches 1.95%.

United Technologies Corporation (NYSE:UTX) last announced its earnings results on Tuesday, July 25th. It has outperformed by 7.38% the S&P500. Douglass Winthrop Advsr Ltd Company reported 0.54% of its portfolio in United Technologies Corporation (NYSE:UTX). Royal Bank Of Canada restated a "hold" rating and set a $125.00 target price on shares of United Technologies Corporation in a research report on Friday, June 2nd. Therefore 33% are positive. United Technologies Corporation has $139.0 highest and $100 lowest target. Out of 21 Wall Street analysts rating United Technologies Corporation, 7 give it "Buy", 0 "Sell" rating, while 14 recommend "Hold". On Friday, January 27 the stock rating was maintained by Stifel Nicolaus with "Hold". Deutsche Bank downgraded it to "Hold" rating and $112 target in Wednesday, July 22 report. The rating was maintained by Cowen & Co on Tuesday, July 25 with "Buy". The stock recorded a rise in short interest from July 31, 2017 to August 15, 2017 of 23.04%. Grassi Inv has invested 0.83% of its portfolio in United Technologies Corporation (NYSE:UTX). SunTrust upgraded Brady Corp (NYSE:BRC) on Tuesday, September 13 to "Neutral" rating. The firm earned "Buy" rating on Monday, August 28 by Jefferies. Fifteen research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. RBC Capital Markets maintained it with "Hold" rating and $12500 target in Friday, June 2 report. The original version of this piece can be read at https://www.dispatchtribunal.com/2017/09/06/united-technologies-corporation-utx-shares-bought-by-pioneer-investment-management-inc.html.

Since May 3, 2017, it had 0 insider buys, and 2 insider sales for $1.25 million activity. DELPECH PHILIPPE had sold 7,696 shares worth $925,993.

Investors sentiment decreased to 1 in Q4 2016. The conglomerate reported $1.85 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.78 by $0.07. It worsened, as 70 investors sold UTX shares while 516 reduced holdings.

Hedge funds have recently added to or reduced their stakes in the company. Winfield Associates Inc. now owns 1,029 shares of the conglomerate's stock valued at $126,000 after acquiring an additional 29 shares during the period.

06/12/2017 - HSBC began new coverage on United Technologies Corporation giving the company a "hold" rating. Gabelli Funds Ltd stated it has 0.02% in United Technologies Corporation (NYSE:UTX). Asset Mgmt owns 0.01% invested in Nordson Corporation (NASDAQ:NDSN) for 4,201 shares. Dillon & Inc holds 2.46% or 49,144 shares. Clear Harbor Asset Llc holds 10,699 shares or 0.27% of its portfolio. Capital Rech Global Invsts reported 8.12M shares. The Illinois-based Savant Cap Ltd has invested 0.52% in United Technologies Corporation (NYSE:UTX). 14,975 are owned by Wilkins Counsel. Catalyst Advsrs Ltd Liability Com invested in 20,000 shares.

Since January 1, 0001, it had 0 insider purchases, and 1 insider sale for $748,421 activity. 2,850 shares were sold by Hoeltzel Mary T, worth $460,313. Shares for $13.79M were sold by WATSON JOHN S. Its down 0.03, from 0.98 in 2016Q3. It dropped, as 46 investors sold USB shares while 425 reduced holdings. 52 funds opened positions while 90 raised stakes. 216.73 million shares or 1.90% more from 212.68 million shares in 2016Q3 were reported. Pacific Ridge Cap Limited Liability Com owns 473,354 shares for 1.34% of their portfolio. 2,740 were accumulated by Grisanti Cap Mngmt Ltd. Affinity Wealth accumulated 1,999 shares. Susquehanna Intl Group Incorporated Limited Liability Partnership has invested 0% of its portfolio in CIGNA Corporation (NYSE:CI). California State Teachers Retirement reported 94,357 shares. Bradley Foster Sargent Ct owns 0.15% invested in CIGNA Corporation (NYSE:CI) for 25,618 shares. Vaughan David Invs Inc Il stated it has 212,084 shares. Allstate holds 91,242 shares.

Clifford Swan Investment Counsel Llc decreased Emerson Electric Co. Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Brady Corp (NYSE:BRC). Moreover, New Jersey Better Educational Savings Trust has 0.43% invested in CIGNA Corporation (NYSE:CI).

Hawk Ridge Management Llc decreased Phi Inc (NASDAQ:PHIIK) stake by 79,445 shares to 508,243 valued at $9.16 million in 2016Q4. It also increased its holding in Universal Hlth Svcs Inc (NYSE:UHS) by 812,525 shares in the quarter, for a total of 1.76 million shares, and has risen its stake in Vereit Inc.

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