As United Technologies (UTX) Share Value Rose, Mark Sheptoff Financial Planning Has Lowered Position by $1.19 Million; Blackrock (BLK) Holder Nordea Investment Management Ab Has Upped Its Holding by $984,294 as Valuation Rose

January 19, 2018 - By Clifton Ray

Mark Sheptoff Financial Planning Llc decreased its stake in United Technologies Corp (UTX) by 61.48% based on its latest 2017Q3 regulatory filing with the SEC. Mark Sheptoff Financial Planning Llc sold 10,227 shares as the company’s stock rose 8.03% with the market. The institutional investor held 6,408 shares of the aerospace company at the end of 2017Q3, valued at $744,000, down from 16,635 at the end of the previous reported quarter. Mark Sheptoff Financial Planning Llc who had been investing in United Technologies Corp for a number of months, seems to be less bullish one the $108.33 billion market cap company. The stock increased 0.77% or $1.04 during the last trading session, reaching $135.65. About 2.45 million shares traded. United Technologies Corporation (NYSE:UTX) has risen 22.99% since January 19, 2017 and is uptrending. It has outperformed by 6.29% the S&P500.

Nordea Investment Management Ab increased its stake in Blackrock (BLK) by 3.74% based on its latest 2017Q3 regulatory filing with the SEC. Nordea Investment Management Ab bought 2,202 shares as the company’s stock rose 1.17% with the market. The institutional investor held 61,032 shares of the finance company at the end of 2017Q3, valued at $27.29 million, up from 58,830 at the end of the previous reported quarter. Nordea Investment Management Ab who had been investing in Blackrock for a number of months, seems to be bullish on the $95.10 billion market cap company. The stock increased 1.72% or $9.98 during the last trading session, reaching $589.2. About 483,978 shares traded or 0.80% up from the average. BlackRock, Inc. (NYSE:BLK) has risen 12.19% since January 19, 2017 and is uptrending. It has underperformed by 4.51% the S&P500.

Since December 13, 2017, it had 0 insider buys, and 3 sales for $734,561 activity. Shares for $546,600 were sold by Amato Elizabeth B on Friday, December 15.

Investors sentiment increased to 1.05 in Q3 2017. Its up 0.10, from 0.95 in 2017Q2. It increased, as 63 investors sold UTX shares while 503 reduced holdings. 111 funds opened positions while 484 raised stakes. 621.08 million shares or 1.52% more from 611.76 million shares in 2017Q2 were reported. Wells Fargo & Mn owns 9.85 million shares or 0.35% of their US portfolio. 912,184 are owned by Pggm. Comgest Glob Sas stated it has 22,000 shares. British Columbia Investment Management Corp owns 0.27% invested in United Technologies Corporation (NYSE:UTX) for 301,622 shares. Legal General Group Public Ltd Company has 3.68 million shares. Thompson Davis Co Inc invested 0.22% of its portfolio in United Technologies Corporation (NYSE:UTX). First Midwest Bank Division reported 22,047 shares. Hyman Charles D accumulated 127,772 shares. Parsons Cap Management Ri invested in 44,841 shares or 0.61% of the stock. Ami Investment Management stated it has 0.66% in United Technologies Corporation (NYSE:UTX). Paragon Management Ltd stated it has 1,870 shares or 0.08% of all its holdings. Reliance Tru Company Of Delaware has invested 0.68% in United Technologies Corporation (NYSE:UTX). Gemmer Asset Mgmt Ltd Limited Liability Company accumulated 338 shares or 0.01% of the stock. Aristotle Cap Mgmt Limited Co holds 7,083 shares or 0.01% of its portfolio. Narwhal Capital Mngmt accumulated 27,975 shares.

Analysts await United Technologies Corporation (NYSE:UTX) to report earnings on January, 24. They expect $1.56 earnings per share, 0.00% or $0.00 from last year’s $1.56 per share. UTX’s profit will be $1.25B for 21.74 P/E if the $1.56 EPS becomes a reality. After $1.73 actual earnings per share reported by United Technologies Corporation for the previous quarter, Wall Street now forecasts -9.83% negative EPS growth.

Among 21 analysts covering United Technologies Corporation (NYSE:UTX), 10 have Buy rating, 0 Sell and 11 Hold. Therefore 48% are positive. United Technologies Corporation had 71 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, April 27 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. The rating was downgraded by Cowen & Co on Wednesday, September 6 to “Market Perform”. The firm has “Buy” rating by Jefferies given on Monday, August 24. RBC Capital Markets maintained the shares of UTX in report on Friday, September 15 with “Hold” rating. Cowen & Co maintained the stock with “Buy” rating in Monday, August 7 report. Goldman Sachs downgraded the shares of UTX in report on Monday, May 2 to “Neutral” rating. HSBC initiated the shares of UTX in report on Monday, June 12 with “Hold” rating. The rating was maintained by Stifel Nicolaus on Friday, January 27 with “Hold”. The firm earned “Buy” rating on Thursday, January 28 by Argus Research. The rating was upgraded by Credit Suisse to “Outperform” on Monday, December 19.

Among 18 analysts covering BlackRock (NYSE:BLK), 13 have Buy rating, 0 Sell and 5 Hold. Therefore 72% are positive. BlackRock had 81 analyst reports since August 26, 2015 according to SRatingsIntel. On Friday, September 9 the stock rating was maintained by Deutsche Bank with “Buy”. Deutsche Bank maintained BlackRock, Inc. (NYSE:BLK) rating on Friday, August 5. Deutsche Bank has “Buy” rating and $400 target. The stock of BlackRock, Inc. (NYSE:BLK) earned “Equal-Weight” rating by Barclays Capital on Tuesday, April 5. The rating was maintained by Wells Fargo on Tuesday, January 16 with “Hold”. The company was maintained on Friday, September 15 by Keefe Bruyette & Woods. As per Wednesday, January 10, the company rating was maintained by Jefferies. The firm earned “Hold” rating on Friday, June 23 by Keefe Bruyette & Woods. The stock has “Hold” rating by Jefferies on Wednesday, October 7. The stock of BlackRock, Inc. (NYSE:BLK) earned “Overweight” rating by Barclays Capital on Tuesday, October 10. On Wednesday, August 24 the stock rating was maintained by Barclays Capital with “Equal-Weight”.

Nordea Investment Management Ab, which manages about $41.61B US Long portfolio, decreased its stake in Huntsman (NYSE:HUN) by 39,596 shares to 337,745 shares, valued at $9.26M in 2017Q3, according to the filing. It also reduced its holding in Estee Lauder Cos (NYSE:EL) by 74,703 shares in the quarter, leaving it with 703,156 shares, and cut its stake in Aflac (NYSE:AFL).

Investors sentiment increased to 1.38 in 2017 Q3. Its up 0.10, from 1.28 in 2017Q2. It increased, as 27 investors sold BLK shares while 287 reduced holdings. 103 funds opened positions while 331 raised stakes. 130.57 million shares or 0.55% more from 129.86 million shares in 2017Q2 were reported. Tci Wealth Advsr has invested 0.03% in BlackRock, Inc. (NYSE:BLK). Amer Century Companies owns 178,241 shares or 0.08% of their US portfolio. Point72 Asset Management Limited Partnership has invested 0.22% of its portfolio in BlackRock, Inc. (NYSE:BLK). Commonwealth Of Pennsylvania School Empls Retrmt System reported 10,081 shares. Keybank National Association Oh accumulated 90,393 shares or 0.24% of the stock. Essex Fin Svcs holds 0.22% or 1,986 shares. North Point Managers Oh reported 36,795 shares or 2.78% of all its holdings. Lvw Ltd Liability holds 0.44% of its portfolio in BlackRock, Inc. (NYSE:BLK) for 2,457 shares. Waldron LP holds 862 shares. Dekabank Deutsche Girozentrale reported 0.09% of its portfolio in BlackRock, Inc. (NYSE:BLK). Ifc Fl has 448 shares for 0.01% of their portfolio. Tokio Marine Asset Mngmt owns 892 shares. Livforsakringsbolaget Skandia Omsesidigt reported 0.09% of its portfolio in BlackRock, Inc. (NYSE:BLK). Cornerstone Advsrs stated it has 0.26% of its portfolio in BlackRock, Inc. (NYSE:BLK). Barclays Public Limited Company holds 67,854 shares.

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