As General Electric Co (GE) Market Valuation Rose, Athena Capital Advisors Has Trimmed Position; Utd Technologies (UTX) Stake Lifted by Washington Trust Bank

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Washington Trust Bank increased its stake in Utd Technologies (UTX) by 144.85% based on its latest 2018Q4 regulatory filing with the SEC. Washington Trust Bank bought 4,024 shares as the company’s stock rose 2.45% with the market. The institutional investor held 6,802 shares of the aerospace company at the end of 2018Q4, valued at $725,000, up from 2,778 at the end of the previous reported quarter. Washington Trust Bank who had been investing in Utd Technologies for a number of months, seems to be bullish on the $108.59 billion market cap company. The stock decreased 0.76% or $0.97 during the last trading session, reaching $125.92. About 9.69M shares traded or 84.06% up from the average. United Technologies Corporation (NYSE:UTX) has declined 3.50% since March 17, 2018 and is downtrending. It has underperformed by 7.87% the S&P500. Some Historical UTX News: 20/03/2018 – COLUMN-Commentary: Xi’s unlimited term raises risks for Silicon Valley; 13/03/2018 – FOCUS-New Boeing jet to accelerate services shake-up; 10/04/2018 – Avianca Flips The Switch For Passengers With New “Plug And Play” Cabin Lighting Retrofit From UTC Aerospace Systems; 02/05/2018 – Yahoo! Finance: Exclusive: UTC set to win EU approval for $23 billion Rockwell Collins deal; 08/03/2018 – BOEING CEO EXPECTS COST SYNERGIES FROM TIE-UP OF SUPPLIERS UNITED TECH AND ROCKWELL COLLINS UTX.N COL.N , OTHERWISE WOULD OPPOSE IT; 02/05/2018 – Yahoo! UK: Exclusive – EU set to clear $23 billion UTC, Rockwell Collins deal; 05/03/2018 EXCLUSIVE-Airbus sets services goal, targets productivity gains; 20/03/2018 – PRATT & WHITNEY SAID TO SHIP SPARE ENGINES FOR GROUNDED INDIGO JETS WITHIN 40 DAYS – ET NOW CITING AGENCIES; 09/05/2018 – Fit For A King: UTC Aerospace Systems Providing Key Power Transmission Components For America’s Most Powerful Helicopter, The S; 04/05/2018 – United Tech Disagrees With Several of the Assertions Contained in the Third Point Letter

Athena Capital Advisors Llc decreased its stake in General Electric Co (GE) by 98.4% based on its latest 2018Q4 regulatory filing with the SEC. Athena Capital Advisors Llc sold 196,544 shares as the company’s stock rose 39.52% with the market. The hedge fund held 3,200 shares of the consumer electronics and appliances company at the end of 2018Q4, valued at $24,000, down from 199,744 at the end of the previous reported quarter. Athena Capital Advisors Llc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $86.70 billion market cap company. The stock decreased 3.30% or $0.34 during the last trading session, reaching $9.96. About 189.19M shares traded or 55.67% up from the average. General Electric Company (NYSE:GE) has declined 22.98% since March 17, 2018 and is downtrending. It has underperformed by 27.35% the S&P500. Some Historical GE News: 11/04/2018 – GE FRENCH UNIONS CALL FOR NEW EMPLOYMENT AGREEMENT W/ GOVT: AFP; 12/03/2018 – GE Didn’t Pay Bonuses to CEO, Top Executives in 2017; 19/04/2018 – Southwest challenged engine maker CFM over proposed FAA inspections; 02/04/2018 – GE Healthcare to sell certain software assets for $1.05 bln; 21/05/2018 – GE: DEAL EXPECTED TO BE TAX FREE TO COMPANIES’ HOLDERS; 18/04/2018 – SOURCE SAYS LIKELY THAT SOUTHWEST AIRLINES’ ‘INSPECTIONS ARE IN THE 400 TO 600 ENGINE RANGE IN ORDER TO WRAP THIS UP IN 30 DAYS’; 14/03/2018 – GE AVIATION: MANUFACT. QUALITY ISSUES WERE SETBACK, NOW FIXED; 13/04/2018 – GE – UPON COMPLETION OF IMPLEMENTATION EFFORT, 2016 AND 2017 SHR IS LOWER BY $0.13 AND $0.17, RESPECTIVELY (BEFORE IMPACT OF U.S. TAX REFORM); 20/04/2018 – GE – REAFFIRMED 2018 GUIDANCE; 16/03/2018 – HK Bourse: Announcement From Tian Ge Interactive Holdings Ltd

Investors sentiment increased to 1.26 in 2018 Q4. Its up 0.17, from 1.09 in 2018Q3. It increased, as 79 investors sold UTX shares while 472 reduced holdings. 143 funds opened positions while 549 raised stakes. 668.32 million shares or 6.29% more from 628.79 million shares in 2018Q3 were reported. Hillsdale Inv Mngmt Incorporated holds 0% of its portfolio in United Technologies Corporation (NYSE:UTX) for 20 shares. Comerica Secs holds 0.39% or 27,542 shares in its portfolio. Asset Strategies has invested 0.3% in United Technologies Corporation (NYSE:UTX). New York State Common Retirement Fund has 2.05M shares for 0.32% of their portfolio. Adirondack has 20,928 shares. Aristotle Cap Mgmt Ltd Liability Corporation owns 1,900 shares. Moreover, Focused Wealth Mngmt has 0.02% invested in United Technologies Corporation (NYSE:UTX). Foster Dykema Cabot And Com Ma holds 2,090 shares. Meiji Yasuda Asset Mngmt Co Limited invested in 0.55% or 54,909 shares. Mai Cap holds 24,172 shares or 0.15% of its portfolio. Old National Savings Bank In accumulated 31,731 shares. Mcf Advisors Ltd Liability Corp, Kentucky-based fund reported 956 shares. Gould Asset Limited Co Ca holds 3,728 shares. 5,104 are owned by Sol Capital Mgmt Company. King Wealth invested 0.1% of its portfolio in United Technologies Corporation (NYSE:UTX).

Washington Trust Bank, which manages about $761.58 million US Long portfolio, decreased its stake in Verizon Commun (NYSE:VZ) by 58,285 shares to 24,696 shares, valued at $1.39M in 2018Q4, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 6,390 shares in the quarter, leaving it with 177,188 shares, and cut its stake in Kinder Morgan Inc/De (NYSE:KMI).

Since January 30, 2019, it had 0 insider buys, and 3 selling transactions for $2.50 million activity. Amato Elizabeth B also sold $1.25M worth of United Technologies Corporation (NYSE:UTX) shares. Shares for $104,916 were sold by Bailey Robert J..

More notable recent United Technologies Corporation (NYSE:UTX) news were published by: Fool.com which released: “This Billionaire Hedge Fund Manager Says the United Technologies Split Doesn’t Go Far Enough – The Motley Fool” on February 27, 2019, also Wallstreetpr.com with their article: “Excitement Builds in the Global Conglomerate Space (MMM, IVST, UTX) – WallStreetPR” published on March 14, 2019, Gurufocus.com published: “Dodge & Cox Adds to United Technologies, Buys Linde – GuruFocus.com” on February 26, 2019. More interesting news about United Technologies Corporation (NYSE:UTX) were released by: Foxbusiness.com and their article: “Expect 2 New Dow Stocks Before 2019 Ends – Fox Business” published on March 17, 2019 as well as Globenewswire.com‘s news article titled: “New Research: Key Drivers of Growth for United Technologies, Southern, Intuit, Cohen & Steers, Briggs & Stratton, and Watts Water Technologies — Factors of Influence, Major Initiatives and Sustained Production – GlobeNewswire” with publication date: February 27, 2019.

Since November 1, 2018, it had 3 buys, and 0 selling transactions for $2.78 million activity. Another trade for 225,000 shares valued at $2.19M was bought by CULP H LAWRENCE JR. Shares for $94,800 were bought by DIMITRIEF ALEXANDER on Tuesday, November 6.

Investors sentiment decreased to 0.5 in 2018 Q4. Its down 0.06, from 0.56 in 2018Q3. It dived, as 148 investors sold GE shares while 738 reduced holdings. 143 funds opened positions while 301 raised stakes. 4.80 billion shares or 5.74% more from 4.54 billion shares in 2018Q3 were reported. Financial Architects accumulated 0.1% or 67,737 shares. Tompkins reported 0.07% of its portfolio in General Electric Company (NYSE:GE). Knott David M reported 4,680 shares. Burney holds 0.01% or 16,339 shares in its portfolio. Bronson Point Mngmt Limited Com has 2.42% invested in General Electric Company (NYSE:GE). Lourd Lc accumulated 63,095 shares. Hartford Invest Mngmt has invested 0.25% in General Electric Company (NYSE:GE). 45,675 were accumulated by Putnam Fl Inv Management. Sfmg Ltd Liability Com holds 0.06% or 51,640 shares. Moreover, Cls Invests Limited Liability Co has 0% invested in General Electric Company (NYSE:GE). Kessler Inv Grp Inc Inc Ltd Co accumulated 125 shares. 13.08 million were reported by Ny State Teachers Retirement Sys. 278,042 were accumulated by Asset Mgmt Ltd Co. Gillespie Robinson & Grimm has invested 0.03% in General Electric Company (NYSE:GE). Cipher Capital Ltd Partnership reported 0.09% stake.

Analysts await General Electric Company (NYSE:GE) to report earnings on April, 19. They expect $0.11 earnings per share, down 31.25% or $0.05 from last year’s $0.16 per share. GE’s profit will be $957.56 million for 22.64 P/E if the $0.11 EPS becomes a reality. After $0.17 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts -35.29% negative EPS growth.

United Technologies Corporation (NYSE:UTX) Institutional Positions Chart