Today, UMB Bank N A MO decides to keep it stake in United Technologies Corp. (UTX) to the level of $4,547,000

Today, UMB Bank N A MO decides to keep it stake in United Technologies Corp. (UTX) to the level of $4,547,000

UMB Bank N A MO decreased its position in United Technologies Corp. (NYSE:UTX) by 1.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 44,756 shares of the company’s stock after selling 674 shares during the period. UMB Bank N A MO’s holdings in United Technologies Corp. were worth $4,547,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its position in United Technologies Corp. by 4.1% in the second quarter. Vanguard Group Inc. now owns 51,710,590 shares of the company’s stock worth $5,302,921,000 after buying an additional 2,049,777 shares during the last quarter. FMR LLC increased its position in shares of United Technologies Corp. by 2.6% in the second quarter. FMR LLC now owns 21,986,379 shares of the company’s stock worth $2,254,702,000 after buying an additional 549,366 shares in the last quarter. BlackRock Fund Advisors increased its position in shares of United Technologies Corp. by 1.3% in the second quarter. BlackRock Fund Advisors now owns 9,496,025 shares of the company’s stock worth $973,817,000 after buying an additional 120,134 shares in the last quarter. Davis Selected Advisers increased its position in shares of United Technologies Corp. by 4.8% in the second quarter. Davis Selected Advisers now owns 9,300,803 shares of the company’s stock worth $953,797,000 after buying an additional 421,896 shares in the last quarter. Finally, Alliancebernstein L.P. increased its position in shares of United Technologies Corp. by 24.3% in the second quarter. Alliancebernstein L.P. now owns 8,627,389 shares of the company’s stock worth $884,739,000 after buying an additional 1,688,688 shares in the last quarter. Institutional investors own 80.67% of the company’s stock.

Shares of United Technologies Corp. (NYSE:UTX) traded up 0.62% during mid-day trading on Friday, hitting $108.78. 1,008,723 shares of the stock traded hands. The stock has a market cap of $89.57 billion, a price-to-earnings ratio of 12.43 and a beta of 1.10. The firm has a 50 day moving average of $102.93 and a 200 day moving average of $103.44. United Technologies Corp. has a 12 month low of $83.39 and a 12 month high of $109.83.

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

The business also recently declared a quarterly dividend, which will be paid on Saturday, December 10th. Shareholders of record on Friday, November 18th will be paid a dividend of $0.66 per share. The ex-dividend date of this dividend is Wednesday, November 16th. This represents a $2.64 dividend on an annualized basis and a yield of 2.43%. United Technologies Corp.’s payout ratio is 30.28%.

A number of equities analysts have weighed in on UTX shares. Wells Fargo & Co. reaffirmed a “buy” rating on shares of United Technologies Corp. in a research note on Monday, November 14th. Credit Suisse Group AG reaffirmed a “hold” rating and set a $109.00 target price on shares of United Technologies Corp. in a research note on Friday, September 30th. Deutsche Bank AG reaffirmed a “hold” rating and set a $107.00 target price on shares of United Technologies Corp. in a research note on Friday, September 23rd. Stifel Nicolaus reaffirmed a “hold” rating on shares of United Technologies Corp. in a research note on Sunday, July 31st. Finally, Vetr downgraded shares of United Technologies Corp. from a “buy” rating to a “hold” rating and set a $106.05 target price for the company. in a research note on Monday, November 7th. Thirteen research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $109.80.

In other United Technologies Corp. news, VP Robert J. Bailey sold 967 shares of the company’s stock in a transaction that occurred on Thursday, November 10th. The shares were sold at an average price of $106.46, for a total transaction of $102,946.82. Following the transaction, the vice president now owns 2,000 shares in the company, valued at approximately $212,920. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.15% of the company’s stock.

United Technologies Corp. 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.

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