Investors purchased shares of United Technologies Corp. (NYSE:UTX) on weakness during trading 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 equities 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 equities analysts recently weighed in on the stock. Zacks Investment Research raised shares of United Technologies Corp. from a “sell” rating to a “hold” rating in a research note on Thursday, April 28th. Royal Bank Of Canada cut shares of United Technologies Corp. from an “outperform” rating to a “sector perform” rating and decreased their target price for the company from $109.00 to $108.00 in a research note on Tuesday, May 3rd. They noted that the move was a valuation call. Goldman Sachs Group Inc. cut shares of United Technologies Corp. from a “buy” rating to a “neutral” rating and raised their target price for the company from $103.00 to $107.00 in a research note on Monday, May 2nd. TheStreet raised shares of United Technologies Corp. from a “hold” rating to a “buy” rating in a research note on Wednesday, April 27th. Finally, Credit Suisse Group AG reissued a “hold” rating on shares of United Technologies Corp. in a research note on Saturday, July 9th. Ten equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $108.64.

The firm has a market capitalization of $87.98 billion and a PE ratio of 12.33. The company has a 50-day moving average of $102.36 and a 200 day moving average of $97.82.

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

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, September 10th. Shareholders of record on Friday, August 19th will be paid a $0.66 dividend. The ex-dividend date is Wednesday, August 17th. This represents a $2.64 dividend on an annualized basis and a yield of 2.51%.

In other United Technologies Corp. news, CEO Gregory Hayes sold 980 shares of the company’s stock in a transaction on 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 in the company, valued at approximately $14,239,505.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Charles D. Gill sold 8,958 shares of the company’s stock in a transaction on 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 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.

A number of hedge funds and institutional investors have made changes to their positions in the stock. Vanguard Group Inc. increased its position in shares of United Technologies Corp. by 1.7% in the fourth quarter. Vanguard Group Inc. now owns 51,558,180 shares of the company’s stock worth $4,953,194,000 after buying an additional 843,871 shares during the period. Barrow Hanley Mewhinney & Strauss LLC increased its position in United Technologies Corp. by 6.9% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 13,627,567 shares of the company’s stock valued at $1,309,200,000 after buying an additional 875,809 shares during the last quarter. Agran Libbie increased its position in United Technologies Corp. by 9,746.0% in the fourth quarter. Agran Libbie now owns 7,891,669 shares of the company’s stock valued at $7,582,000 after buying an additional 7,811,518 shares during the last quarter. Morgan Stanley increased its position in United Technologies Corp. by 16.8% in the fourth quarter. Morgan Stanley now owns 7,856,017 shares of the company’s stock valued at $754,729,000 after buying an additional 1,129,662 shares during the last quarter. Finally, Eaton Vance Management increased its position in United Technologies Corp. by 0.7% in the fourth quarter. Eaton Vance Management now owns 6,227,354 shares of the company’s stock valued at $598,262,000 after buying an additional 42,594 shares during the last quarter.

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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