Crossvault Capital Management Decreased United Technologies (UTX) Position by $1.27 Million as Market Valuation Rose; London Co Of Virginia Has Decreased Its Stake in Philip Morris Intl (PM) by $9.02 Million

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London Co Of Virginia decreased its stake in Philip Morris Intl Inc (PM) by 13.86% based on its latest 2018Q4 regulatory filing with the SEC. London Co Of Virginia sold 136,601 shares as the company’s stock rose 1.03% with the market. The institutional investor held 849,062 shares of the farming and seeds and milling company at the end of 2018Q4, valued at $56.68M, down from 985,663 at the end of the previous reported quarter. London Co Of Virginia who had been investing in Philip Morris Intl Inc for a number of months, seems to be less bullish one the $141.23B market cap company. The stock increased 1.18% or $1.06 during the last trading session, reaching $90.85. About 12.35 million shares traded or 68.23% up from the average. Philip Morris International Inc. (NYSE:PM) has declined 16.62% since March 17, 2018 and is downtrending. It has underperformed by 20.99% the S&P500. Some Historical PM News: 29/05/2018 – INSIGHT-Pakistan diluted proposed tobacco health warnings after Philip Morris, BAT lobbying; 19/04/2018 – PHILIP MORRIS SEES 2018 EFFECTIVE TAX RATE OF ABOUT 26%; 19/04/2018 – Philip Morris Sales Disappoint as Cigarette Demand Slips Further; 09/04/2018 – Fitch Sees Altria as Well-Positioned Through Its Licensing Agreement With Philip Morris; 19/04/2018 – Philip Morris International said growth of iQOS, its heat-not-burn tobacco product, slowed in Japan; 21/03/2018 – PHILIP MORRIS INTERNATIONAL INC – SHIFTS ENTIRE CAPACITY OF ITS CIGARETTE FACTORY IN GREECE TO SMOKE-FREE PRODUCTS; 02/05/2018 – Philip Morris International Inc. to Host Webcast of 2018 Annual Meeting of Shareholders; 19/04/2018 – PHILIP MORRIS SEES 2018 CAPITAL EXPENDITURES OF ABOUT $1.7B; 19/04/2018 – PHILIP MORRIS INTERNATIONAL INC – QTRLY REPORTED DILUTED EARNINGS PER SHARE OF $1.00; 09/05/2018 – Philip Morris Revises 2018 Reported EPS Guidance for Currency

Crossvault Capital Management Llc decreased its stake in United Technologies (UTX) by 24.21% based on its latest 2018Q4 regulatory filing with the SEC. Crossvault Capital Management Llc sold 11,998 shares as the company’s stock rose 2.45% with the market. The institutional investor held 37,560 shares of the aerospace company at the end of 2018Q4, valued at $4.00M, down from 49,558 at the end of the previous reported quarter. Crossvault Capital Management Llc who had been investing in United Technologies for a number of months, seems to be less bullish one the $108.59B market cap company. The stock decreased 0.76% or $0.97 during the last trading session, reaching $125.92. About 9.69 million 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: 04/05/2018 – New York Post: Dan Loeb wants United Technologies to break apart; 04/05/2018 – United Technologies Statement on Third Point; 24/04/2018 – United Technologies 1Q Net $1.3B; 24/04/2018 – United Tech results beat as booming air travel spurs demand; 04/05/2018 – THIRD POINTS SAYS UNITED TECHNOLOGIES UTX.N SHOULD BE SPLIT INTO THREE, INTENDS TO WORK “CONSTRUCTIVELY” WITH COMPANY ON PORTFOLIO REVIEW-LETTER; 16/03/2018 – UNITED TECHNOLOGIES SEES 2018 $6.85-$7.10; 24/04/2018 – UNITED TECHNOLOGIES 1Q EARNINGS CALL ENDS; 19/03/2018 – UTX: CEO FOCUSED ON EXECUTING CO.’S PRIORITIES FOR YRS TO COME; 22/05/2018 – UTX CEO SEES ABOUT $1.2B IN NEGATIVE ENGINE MARGIN IN 2018; 07/03/2018 – U.S. F-35 fighter modernization could cost $16 bln through 2024

Crossvault Capital Management Llc, which manages about $184.05 million and $176.14M US Long portfolio, upped its stake in Home Depot Inc. (NYSE:HD) by 3,809 shares to 37,995 shares, valued at $6.53M in 2018Q4, according to the filing. It also increased its holding in Abbvie Inc (NYSE:ABBV) by 5,200 shares in the quarter, for a total of 15,632 shares, and has risen its stake in Occidental Petroleum (NYSE:OXY).

Analysts await United Technologies Corporation (NYSE:UTX) to report earnings on April, 23. They expect $1.78 earnings per share, up 0.56% or $0.01 from last year’s $1.77 per share. UTX’s profit will be $1.53B for 17.69 P/E if the $1.78 EPS becomes a reality. After $1.95 actual earnings per share reported by United Technologies Corporation for the previous quarter, Wall Street now forecasts -8.72% negative EPS growth.

More notable recent United Technologies Corporation (NYSE:UTX) news were published by: Globenewswire.com which released: “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” 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: Fool.com and their article: “This Billionaire Hedge Fund Manager Says the United Technologies Split Doesn’t Go Far Enough – The Motley Fool” published on February 27, 2019 as well as Foxbusiness.com‘s news article titled: “Expect 2 New Dow Stocks Before 2019 Ends – Fox Business” with publication date: March 17, 2019.

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. Hamilton Point Investment Ltd Liability Corporation has 1.71% invested in United Technologies Corporation (NYSE:UTX) for 31,638 shares. City Hldg Com reported 29,396 shares or 1.02% of all its holdings. Canada Pension Plan Inv Board owns 204,356 shares or 0.05% of their US portfolio. Court Place Advisors Lc has 0.41% invested in United Technologies Corporation (NYSE:UTX). Mason Street Advisors Ltd Llc holds 114,421 shares or 0.3% of its portfolio. Cliftonlarsonallen Wealth Advisors Ltd Llc invested 1.25% in United Technologies Corporation (NYSE:UTX). Moreover, Security Trust has 1.12% invested in United Technologies Corporation (NYSE:UTX) for 28,422 shares. Financial Professionals reported 7 shares. Etrade Cap Management Limited Company reported 0.03% in United Technologies Corporation (NYSE:UTX). Moreover, Atlas Browninc has 0.21% invested in United Technologies Corporation (NYSE:UTX) for 2,508 shares. Bellecapital Limited invested 0.38% in United Technologies Corporation (NYSE:UTX). Synovus Finance owns 105,940 shares for 0.2% of their portfolio. Willingdon Wealth Mngmt holds 0.03% or 838 shares. Korea Corp stated it has 0.23% in United Technologies Corporation (NYSE:UTX). Woodmont Counsel Ltd Liability Com holds 0.46% or 15,184 shares in its portfolio.

Since January 30, 2019, it had 0 insider buys, and 3 insider sales for $2.50 million activity. Dumais Michael R sold $1.15M worth of stock or 9,620 shares. The insider Amato Elizabeth B sold 10,089 shares worth $1.25M.

Investors sentiment decreased to 0.68 in 2018 Q4. Its down 0.17, from 0.85 in 2018Q3. It is negative, as 82 investors sold PM shares while 552 reduced holdings. 126 funds opened positions while 305 raised stakes. 1.13 billion shares or 3.02% more from 1.09 billion shares in 2018Q3 were reported. Birch Hill Invest Advsr Llc holds 4,900 shares or 0.03% of its portfolio. The Ontario – Canada-based Agf Investments America has invested 1.33% in Philip Morris International Inc. (NYSE:PM). Mason Street Limited Liability Corporation invested 0.36% in Philip Morris International Inc. (NYSE:PM). Cibc has 1.32M shares. Guardian LP holds 8,560 shares. Van Eck Corporation has invested 0.19% in Philip Morris International Inc. (NYSE:PM). Fidelity National Fincl reported 224,600 shares. City Com owns 5,663 shares. Parsec Inc accumulated 15,259 shares or 0.07% of the stock. Iconiq Cap invested in 0.09% or 9,436 shares. Carnegie Capital Asset Mngmt Ltd Limited Liability Company has 7,509 shares. Northeast Investment Management reported 7,052 shares stake. Jefferies Grp Llc, New York-based fund reported 114,355 shares. 3,000 were accumulated by Pictet Comml Bank & Ltd. Symphony Asset Management Ltd Liability Corp owns 6,331 shares.

London Co Of Virginia, which manages about $10.47B US Long portfolio, upped its stake in Ball Corp (NYSE:BLL) by 26,883 shares to 967,307 shares, valued at $44.48 million in 2018Q4, according to the filing. It also increased its holding in Lilly Eli & Co (NYSE:LLY) by 9,823 shares in the quarter, for a total of 29,398 shares, and has risen its stake in M & T Bk Corp (NYSE:MTB).

More notable recent Philip Morris International Inc. (NYSE:PM) news were published by: Seekingalpha.com which released: “Stocks To Watch: Eyes On Boeing, Nvidia, Disney, Nike And WageWorks – Seeking Alpha” on March 16, 2019, also Fool.com with their article: “Why Philip Morris International Stock Lost 23% Last Month – Motley Fool” published on January 07, 2019, Seekingalpha.com published: “Philip Morris: Shares Remain Under Pressure – Seeking Alpha” on September 10, 2018. More interesting news about Philip Morris International Inc. (NYSE:PM) were released by: Seekingalpha.com and their article: “Are Philip Morris Shares Really Worth Only $74? No Way, I’m Doubling Down – Seeking Alpha” published on December 24, 2018 as well as Investorplace.com‘s news article titled: “3 Tobacco Stocks That Will Perform Well Despite FDA Regulations – Investorplace.com” with publication date: March 14, 2019.

Since November 29, 2018, it had 0 insider purchases, and 1 sale for $5.17 million activity.

Analysts await Philip Morris International Inc. (NYSE:PM) to report earnings on April, 18. They expect $1.01 earnings per share, up 1.00% or $0.01 from last year’s $1 per share. PM’s profit will be $1.57B for 22.49 P/E if the $1.01 EPS becomes a reality. After $1.25 actual earnings per share reported by Philip Morris International Inc. for the previous quarter, Wall Street now forecasts -19.20% negative EPS growth.

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