Investors purchased shares of United Technologies Corp. (NYSE:UTX) on weakness during trading hours on Thursday. $100.24 million flowed into the stock on the tick-up and $59.26 million flowed out of the stock on the tick-down, for a money net flow of $40.98 million into the stock. Of all companies tracked, United Technologies Corp. had the 10th highest net in-flow for the day. United Technologies Corp. traded down ($0.19) for the day and closed at $105.85

Several analysts have recently issued reports on UTX shares. Zacks Investment Research lowered shares of United Technologies Corp. from a “hold” rating to a “sell” rating in a research report on Tuesday, July 5th. Goldman Sachs Group Inc. lowered shares of United Technologies Corp. from a “buy” rating to a “neutral” rating and lifted their target price for the company from $103.00 to $107.00 in a research report on Monday, May 2nd. TheStreet upgraded shares of United Technologies Corp. from a “hold” rating to a “buy” rating in a research report on Wednesday, April 27th. Royal Bank Of Canada lifted their target price on shares of United Technologies Corp. from $129.00 to $132.00 and gave the company an “outperform” rating in a research report on Monday, March 28th. Finally, Jefferies Group lifted their target price on shares of United Technologies Corp. from $120.00 to $132.00 and gave the company a “buy” 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 six have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $108.73.

The firm has a market capitalization of $88.58 billion and a PE ratio of 12.41. The firm’s 50-day moving average price is $102.24 and its 200 day moving average price is $97.75.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, September 10th. Investors of record on Friday, August 19th will be paid a $0.66 dividend. The ex-dividend date of this dividend is Wednesday, August 17th. This represents a $2.64 dividend on an annualized basis and a yield of 2.49%.

In related news, insider David L. Gitlin sold 7,091 shares of the stock in a transaction dated Thursday, April 28th. The shares were sold at an average price of $104.22, for a total value of $739,024.02. Following the sale, the insider now directly owns 15,086 shares of the company’s stock, valued at approximately $1,572,262.92. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Gregory Hayes sold 980 shares of the stock in a transaction dated Thursday, May 12th. The shares were sold at an average price of $102.15, for a total transaction of $100,107.00. Following the completion of the sale, the chief executive officer now directly owns 139,398 shares in the company, valued at $14,239,505.70. The disclosure for this sale can be found here.

A number of large investors have modified their holdings of the stock. Marco Investment Management LLC boosted its stake in shares of United Technologies Corp. by 61.2% in the fourth quarter. Marco Investment Management LLC now owns 10,986 shares of the company’s stock worth $1,055,000 after buying an additional 4,170 shares during the last quarter. Wellington Shields Capital Management LLC raised its position in United Technologies Corp. by 8.6% in the fourth quarter. Wellington Shields Capital Management LLC now owns 13,273 shares of the company’s stock worth $1,275,000 after buying an additional 1,050 shares during the period. Boltwood Capital Management raised its position in United Technologies Corp. by 2.7% in the fourth quarter. Boltwood Capital Management now owns 13,875 shares of the company’s stock worth $1,333,000 after buying an additional 370 shares during the period. Cim Investment Mangement Inc. purchased a new position in United Technologies Corp. during the fourth quarter worth about $1,406,000. Finally, Sawtooth Asset Management Inc. raised its position in United Technologies Corp. by 3,083.5% in the fourth quarter. Sawtooth Asset Management Inc. now owns 15,472 shares of the company’s stock worth $1,486,000 after buying an additional 14,986 shares during the period.

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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