How Many United Technologies Corporation (NYSE:UTX)’s Analysts Are Bearish?

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Investors sentiment decreased to 1 in 2019 Q2. Its down 0.07, from 1.07 in 2019Q1. It turned negative, as 45 investors sold United Technologies Corporation shares while 537 reduced holdings. 121 funds opened positions while 463 raised stakes. 667.41 million shares or 0.19% less from 668.70 million shares in 2019Q1 were reported.
Sterling Cap Mngmt Llc owns 92,440 shares. Provise Management Group Incorporated Ltd Company owns 1.15% invested in United Technologies Corporation (NYSE:UTX) for 66,012 shares. Gamco Et Al invested in 38,143 shares. The Maryland-based Wms Prns Ltd Limited Liability Company has invested 0.77% in United Technologies Corporation (NYSE:UTX). Bath Savings Tru reported 1.36% in United Technologies Corporation (NYSE:UTX). Verition Fund Mgmt reported 68,608 shares or 0.25% of all its holdings. Bahl & Gaynor Inc has invested 0.24% in United Technologies Corporation (NYSE:UTX). Blb&B Advsrs has 0.07% invested in United Technologies Corporation (NYSE:UTX) for 4,434 shares. Rdl Fincl Incorporated invested 0.2% in United Technologies Corporation (NYSE:UTX). California-based Sand Hill Global Advsrs Limited Liability has invested 0.04% in United Technologies Corporation (NYSE:UTX). M&T Comml Bank has invested 0.45% in United Technologies Corporation (NYSE:UTX). Ameriprise Financial Inc reported 0.13% of its portfolio in United Technologies Corporation (NYSE:UTX). Arcadia Invest Mngmt Mi holds 0.01% or 161 shares in its portfolio. Deutsche Savings Bank Ag has 0.55% invested in United Technologies Corporation (NYSE:UTX) for 7.16 million shares. Cadinha & Llc owns 7,045 shares.

United Technologies Corporation (NYSE:UTX) Ratings Coverage

Among 3 analysts covering United Technologies (NYSE:UTX), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. United Technologies has $16400 highest and $14900 lowest target. $155.67’s average target is 12.76% above currents $138.06 stock price. United Technologies had 8 analyst reports since March 27, 2019 according to SRatingsIntel. The firm has “Overweight” rating by Morgan Stanley given on Monday, May 20. The company was upgraded on Monday, June 24 by Cowen & Co. The rating was maintained by Barclays Capital on Wednesday, July 24 with “Overweight”. Barclays Capital maintained United Technologies Corporation (NYSE:UTX) on Wednesday, April 24 with “Overweight” rating. Below is a list of United Technologies Corporation (NYSE:UTX) latest ratings and price target changes.

24/07/2019 Broker: Barclays Capital Rating: Overweight Old Target: $149.0000 New Target: $153.0000 Maintain
24/06/2019 Broker: Cowen & Co Old Rating: Market Perform New Rating: Outperform Old Target: $135.0000 New Target: $150.0000 Upgrade
10/06/2019 Broker: Seaport Global Old Rating: Neutral New Rating: Buy Upgrade
20/05/2019 Broker: Morgan Stanley Rating: Overweight Old Target: $155.0000 New Target: $164.0000 Maintain
10/05/2019 Broker: Seaport Global Rating: Neutral Initiates Coverage On
24/04/2019 Broker: Barclays Capital Old Rating: Overweight New Rating: Overweight Old Target: $142.0000 New Target: $149.0000 Maintain
24/04/2019 Broker: BidaskScore Rating: Buy Upgrade
27/03/2019 Broker: BidaskScore Rating: Hold Upgrade

The stock increased 0.44% or $0.6 during the last trading session, reaching $138.06. About 2.93 million shares traded. United Technologies Corporation (NYSE:UTX) has risen 0.38% since September 13, 2018 and is uptrending. It has outperformed by 0.38% the S&P500.

United Technologies Corporation provides technology services and products to building systems and aerospace industries worldwide. The company has market cap of $119.12 billion. The Company’s Otis segment designs, makes, sells, and installs passenger and freight elevators, escalators, and moving walkways; and offers modernization products to upgrade elevators and escalators, as well as maintenance and repair services. It has a 22.49 P/E ratio. The companyÂ’s UTC Climate, Controls & Security segment provides heating, ventilating, air conditioning, and refrigeration solutions, such as controls for residential, commercial, industrial, and transportation applications.

More notable recent United Technologies Corporation (NYSE:UTX) news were published by: Finance.Yahoo.com which released: “Here’s Why United Technologies Shares Gained 10.6% in April – Yahoo Finance” on May 02, 2019, also Finance.Yahoo.com with their article: “Top Pentagon Official Has “No Major Concerns” With Raytheon-UTC Deal – Yahoo Finance” published on August 28, 2019, Fool.com published: “Better Buy: Raytheon vs. United Technologies – The Motley Fool” on August 16, 2019. More interesting news about United Technologies Corporation (NYSE:UTX) were released by: Seekingalpha.com and their article: “Dividend Champion Spotlight: United Technologies Corporation – Seeking Alpha” published on April 05, 2019 as well as Finance.Yahoo.com‘s news article titled: “Bill Ackman Comments on United Technologies Corp – Yahoo Finance” with publication date: August 16, 2019.

United Technologies Corporation (NYSE:UTX) Institutional Positions Chart

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