United Technologies (NYSE:UTX) Upgraded to "Outperform" by Royal Bank of Canada

During the same quarter previous year, the business earned $1.76 earnings per share. The stock decreased 0.86% or $0.16 during the last trading session, reaching $18.5.

Clover Partners Lp, which manages about $166.98 million and $249.12 million US Long portfolio, upped its stake in Farmers Cap Bk Corp (NASDAQ:FFKT) by 52,500 shares to 152,500 shares, valued at $6.41M in 2017Q3, according to the filing. Express Scripts Holding Company (NASDAQ:ESRX) has declined 16.92% since January 19, 2017 and is downtrending. It has underperformed by 3.46% the S&P500.

Torch Wealth Management Llc increased its stake in United Technologies Corp (UTX) by 354.95% based on its latest 2017Q3 regulatory filing with the SEC. Calamos Advisors Llc sold 341,471 shares as the company's stock rose 8.03% with the market. The institutional investor held 433,071 shares of the telecommunications equipment company at the end of 2017Q3, valued at $5.12M, up from 346,871 at the end of the previous reported quarter. Mackenzie Financial Corp who had been investing in United Technologies Corp for a number of months, seems to be bullish on the $107.50B market cap company. The stock traded with the average Volume of 3.19 Million at the end of last session. About 1.56M shares traded.

United Technologies Corporation (NYSE:UTX) last announced its earnings results on Tuesday, October 25th. It has outperformed by 6.29% the S&P500. It also reduced its holding in Fdx (Put) (NYSE:FDX) by 12,400 shares in the quarter, leaving it with 20,300 shares, and cut its stake in Whr (Call) (NYSE:WHR).

Investors sentiment increased to 0.62 in Q3 2017. Its up 0.10, from 0.95 in 2017Q2. It turned negative, as 8 investors sold CSWC shares while 10 reduced holdings. Ipswich Inv Mgmt reported 0.18% stake.

For the current Fiscal Quarter, 18 analysts on average are expecting earnings of $0.46 per share. UBS maintained United Technologies Corporation (NYSE:UTX) on Monday, September 19 with "Buy" rating. Jpmorgan Chase & Company holds 13,893 shares. Van Hulzen Asset Mngmt Ltd invested in 1,984 shares. Bokf Na stated it has 0.2% of its portfolio in Express Scripts Holding Company (NASDAQ:ESRX). Royal Bank Of Canada dropped their price target on United Technologies Corporation from $121.00 to $118.00 and set a "sector perform" rating for the company in a research report on Thursday. Bancorpsouth, a Mississippi-based fund reported 5,156 shares. Verition Fund Mngmt Limited Liability Corporation holds 0.03% of its portfolio in Investors Bancorp, Inc. Waldron LP holds 862 shares. Savings Bank Of America Corp De reported 0% in Gogo Inc. Amica Pension Fund Board Of Trustees reported 0.1% stake. Barclays Capital maintained United Technologies Corporation (NYSE:UTX) on Wednesday, July 27 with "Equalweight" rating. Panagora Asset Inc has 0% invested in MRC Global Inc. Vertical Research downgraded United Technologies from a "buy" rating to a "hold" rating and set a $125.00 target price on the stock.in a research report on Tuesday, September 5th. Therefore 75% are positive. Devon Energy Corporation had 109 analyst reports since July 21, 2015 according to SRatingsIntel. The firm is having analyst recommendation of 2.20 on scale of 1 to 5. The firm has "Buy" rating given on Monday, August 7 by Cowen & Co. The stock has "Overweight" rating by Stephens on Thursday, November 2. The rating was maintained by Jefferies on Tuesday, October 3 with "Buy". The company now has a consensus rating of "Hold" and an average target price of $113.09. The stock has "Outperform" rating by Scotia Capital on Tuesday, August 4. The company was maintained on Friday, September 15 by Keefe Bruyette & Woods. Dodge & Cox holds 1,850 shares or 0% of its portfolio. Following the sale, the executive vice president now owns 27,548 shares of the company's stock, valued at $3,332,757.04.

Investors sentiment increased to 1.05 in Q3 2017. Its down 0.29, from 1.09 in 2017Q2.

A number of other institutional investors have also recently added to or reduced their stakes in UTX. 621.08 million shares or 1.52% more from 611.76 million shares in 2017Q2 were reported.

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Shares of United Technologies Corporation (NYSE:UTX) opened at 111.06 on Friday. United Technologies comprises approximately 2.0% of HM Payson & Co.'s holdings, making the stock its 12th largest position. Mitchell Sinkler Starr Pa, a Pennsylvania-based fund reported 9,596 shares. Brown Advisory reported 1.08 million shares or 0.42% of all its holdings. Mechanics Bankshares Tru Department invested in 1.21% or 43,713 shares. Loring Wolcott & Coolidge Fiduciary Advsrs Ltd Liability Partnership Ma reported 658,635 shares or 1.48% of all its holdings. (NASDAQ:ISBC). Glob X Mngmt Ltd Com, a New York-based fund reported 69,817 shares. Prudential Fincl Inc accumulated 1.12 million shares. 1,100 were reported by Focused Wealth Management.

Checking out some other company technical data, we have noted that United Technologies Corp (UTX) now has a 9 day raw stochastic value of 56.87%. Lipe Dalton has 42,916 shares for 3.5% of their portfolio. (NYSE:UTX) by 0.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. Parsons Ri reported 44,841 shares.

United Technologies Corporation is engaged in providing high technology products and services to the building systems and aerospace industries around the world.

Since December 13, 2017, it had 0 insider purchases, and 3 insider sales for $734,561 activity.

In other news, VP Robert J. Bailey sold 827 shares of the firm's stock in a transaction dated Wednesday, November 29th.

Following some medium-term indicators on shares of United Technologies Corporation (UTX), we can see that the 40-day commodity channel index signal is presently Buy while the 50-day Parabolic SAR generates a Buy signal. Therefore 100% are positive. Express Scripts had 52 analyst reports since July 30, 2015 according to SRatingsIntel. Finally, Zacks Investment Research raised United Technologies Corporation from a "sell" rating to a "hold" rating in a research report on Wednesday, October 26th. The firm earned "Buy" rating on Monday, August 24 by Jefferies. Goldman Sachs downgraded the shares of UTX in report on Monday, May 2 to "Neutral" rating. The rating was maintained by Cowen & Co with "Buy" on Friday, July 7. The rating was maintained by RBC Capital Markets on Friday, June 2 with "Hold". As per Monday, December 19, the company rating was upgraded by Credit Suisse. S&P Research has "Buy" rating and $134 target. The stock has "Hold" rating by Deutsche Bank on Wednesday, July 22.

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