Traders purchased shares of United Technologies Corp. (NYSE:UTX) on weakness during trading on Monday. $62.60 million flowed into the stock on the tick-up and $39.25 million flowed out of the stock on the tick-down, for a money net flow of $23.35 million into the stock. Of all equities tracked, United Technologies Corp. had the 12th highest net in-flow for the day. United Technologies Corp. traded down ($0.01) for the day and closed at $105.49

UTX has been the subject of a number of research reports. Jefferies Group reiterated a “buy” rating on shares of United Technologies Corp. in a research report on Tuesday, July 5th. Zacks Investment Research cut United Technologies Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, April 5th. Goldman Sachs Group Inc. cut United Technologies Corp. from a “buy” rating to a “neutral” rating and upped their price objective for the company from $103.00 to $107.00 in a research report on Monday, May 2nd. TheStreet upgraded United Technologies Corp. from a “hold” rating to a “buy” rating in a research report on Wednesday, April 27th. Finally, Royal Bank Of Canada upped their price objective on United Technologies Corp. from $129.00 to $132.00 and gave the company an “outperform” rating in a research report on Monday, March 28th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company. United Technologies Corp. presently has a consensus rating of “Hold” and a consensus price target of $110.31.

The stock’s 50 day moving average is $101.82 and its 200-day moving average is $97.58. The company has a market capitalization of $88.28 billion and a price-to-earnings ratio of 12.37.

United Technologies Corp. (NYSE:UTX) last issued its quarterly earnings data on Wednesday, April 27th. The company reported $1.47 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.39 by $0.08. The company earned $13.36 billion during the quarter, compared to analyst estimates of $13.18 billion. During the same period last year, the firm earned $1.51 EPS. The business’s quarterly revenue was up .3% compared to the same quarter last year. On average, equities research analysts predict that United Technologies Corp. will post $6.55 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Saturday, September 10th. Stockholders of record on Friday, August 19th will be issued a $0.66 dividend. The ex-dividend date is Wednesday, August 17th. This represents a $2.64 annualized dividend and a dividend yield of 2.50%.

In other news, CEO Gregory Hayes sold 980 shares of the business’s stock in a transaction dated Thursday, May 12th. The stock was sold at an average price of $102.15, for a total value of $100,107.00. Following the completion of the transaction, the chief executive officer now owns 139,398 shares of the company’s stock, valued at approximately $14,239,505.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Charles D. Gill sold 8,958 shares of the business’s stock in a transaction dated Wednesday, June 8th. The shares were sold at an average price of $102.04, for a total value of $914,074.32. Following the completion of the transaction, the vice president now directly owns 55,078 shares of the company’s stock, valued at approximately $5,620,159.12. The disclosure for this sale can be found here.

Other institutional investors have made changes to their positions in the company. Janus Capital Management raised its position in shares of United Technologies Corp. by 14.2% in the third quarter. Janus Capital Management now owns 1,581,102 shares of the company’s stock valued at $140,710,000 after buying an additional 196,272 shares in the last quarter. Goelzer Investment Management Inc. raised its position in shares of United Technologies Corp. by 28.1% in the fourth quarter. Goelzer Investment Management Inc. now owns 30,695 shares of the company’s stock valued at $2,949,000 after buying an additional 6,740 shares in the last quarter. Farmers & Merchants Investments Inc. raised its position in shares of United Technologies Corp. by 8.1% in the fourth quarter. Farmers & Merchants Investments Inc. now owns 19,653 shares of the company’s stock valued at $1,888,000 after buying an additional 1,475 shares in the last quarter. Security National Bank of SO Dak raised its position in shares of United Technologies Corp. by 5.9% in the fourth quarter. Security National Bank of SO Dak now owns 11,562 shares of the company’s stock valued at $1,111,000 after buying an additional 645 shares in the last quarter. Finally, Tower Bridge Advisors raised its position in shares of United Technologies Corp. by 6.8% in the fourth quarter. Tower Bridge Advisors now owns 93,473 shares of the company’s stock valued at $8,980,000 after buying an additional 5,948 shares in the last quarter.

United Technologies Corporation (UTC) provides high technology products and services to the building systems and aerospace industries across the world. The Company operates through five segments: Otis; UTC Climate, Controls & Security; Pratt & Whitney; and UTC Aerospace Systems. Otis designs, manufactures, sells and installs a range of passenger and freight elevators for low-, medium- and high-speed applications, as well as a line of escalators and moving walkways.

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