As Aercap Holdings Nv (AER) Valuation Declined, Holder Swiss National Bank Cut Its Stake by $1.87 Million; United Asset Strategies Stake in United Technologies (UTX) Boosted by $313,200 as Stock Price Rose

February 22, 2018 - By Nellie Frank

United Asset Strategies Inc increased its stake in United Technologies Corp (UTX) by 126.64% based on its latest 2017Q3 regulatory filing with the SEC. United Asset Strategies Inc bought 2,700 shares as the company’s stock rose 8.03% with the market. The institutional investor held 4,832 shares of the aerospace company at the end of 2017Q3, valued at $561,000, up from 2,132 at the end of the previous reported quarter. United Asset Strategies Inc who had been investing in United Technologies Corp for a number of months, seems to be bullish on the $107.17 billion market cap company. The stock increased 3.67% or $4.74 during the last trading session, reaching $134. About 4.04M shares traded. United Technologies Corporation (NYSE:UTX) has risen 22.99% since February 22, 2017 and is uptrending. It has outperformed by 6.29% the S&P500.

Swiss National Bank decreased its stake in Aercap Holdings Nv (AER) by 5.34% based on its latest 2017Q3 regulatory filing with the SEC. Swiss National Bank sold 36,700 shares as the company’s stock declined 4.63% while stock markets rallied. The institutional investor held 649,933 shares of the diversified commercial services company at the end of 2017Q3, valued at $33.22M, down from 686,633 at the end of the previous reported quarter. Swiss National Bank who had been investing in Aercap Holdings Nv for a number of months, seems to be less bullish one the $8.16 billion market cap company. The stock increased 0.33% or $0.17 during the last trading session, reaching $51.66. About 522,197 shares traded. AerCap Holdings N.V. (NYSE:AER) has risen 21.52% since February 22, 2017 and is uptrending. It has outperformed by 4.82% the S&P500.

United Asset Strategies Inc, which manages about $731.00M and $176.37 million US Long portfolio, decreased its stake in Cognizant Technology Solutio (NASDAQ:CTSH) by 9,081 shares to 54,003 shares, valued at $3.92 million in 2017Q3, according to the filing. It also reduced its holding in Priceline Grp Inc (NASDAQ:PCLN) by 2,139 shares in the quarter, leaving it with 1,765 shares, and cut its stake in Boston Scientific Corp (NYSE:BSX).

Among 21 analysts covering United Technologies Corporation (NYSE:UTX), 12 have Buy rating, 0 Sell and 9 Hold. Therefore 57% are positive. United Technologies Corporation had 80 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, January 23 by UBS. The company was maintained on Friday, June 2 by RBC Capital Markets. The stock of United Technologies Corporation (NYSE:UTX) earned “Neutral” rating by Credit Suisse on Monday, November 16. The firm has “Buy” rating given on Tuesday, January 23 by RBC Capital Markets. The rating was upgraded by Argus Research on Friday, February 9 to “Buy”. The stock has “Hold” rating by Stifel Nicolaus on Thursday, February 15. The stock of United Technologies Corporation (NYSE:UTX) has “Hold” rating given on Monday, December 5 by Deutsche Bank. The company was maintained on Wednesday, October 21 by Citigroup. The firm has “Hold” rating by Cowen & Co given on Tuesday, October 10. Citigroup maintained it with “Buy” rating and $107 target in Thursday, September 10 report.

Investors sentiment increased to 1.05 in 2017 Q3. Its up 0.10, from 0.95 in 2017Q2. It improved, 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. Comml Bank Of Montreal Can accumulated 0.1% or 910,186 shares. Tnb invested in 10,478 shares. 634,857 were accumulated by M&T Commercial Bank Corp. Atlas Browninc holds 0.05% of its portfolio in United Technologies Corporation (NYSE:UTX) for 2,112 shares. Connors Investor Ser reported 94,767 shares. Truenorth accumulated 10,205 shares. Argent Tru has 20,729 shares for 0.66% of their portfolio. Sabal Tru, Florida-based fund reported 3,987 shares. Legal General Group Public Limited Liability Corporation reported 3.68 million shares. Finemark Fincl Bank And Trust has invested 0.73% of its portfolio in United Technologies Corporation (NYSE:UTX). Grandfield & Dodd Limited Liability Co invested 0.05% of its portfolio in United Technologies Corporation (NYSE:UTX). Wilkins Investment Counsel reported 0.53% of its portfolio in United Technologies Corporation (NYSE:UTX). Brighton Jones Ltd Liability Corp reported 0.1% in United Technologies Corporation (NYSE:UTX). Oppenheimer Asset Inc has 0.13% invested in United Technologies Corporation (NYSE:UTX). Wendell David Assoc reported 62,096 shares stake.

Since December 13, 2017, it had 0 buys, and 3 insider sales for $734,561 activity. Shares for $79,088 were sold by Bailey Robert J..

Swiss National Bank, which manages about $87.81B US Long portfolio, upped its stake in Ametek Inc New (NYSE:AME) by 8,600 shares to 847,093 shares, valued at $55.94 million in 2017Q3, according to the filing. It also increased its holding in Twenty First Centy Fox Inc (NASDAQ:FOX) by 17,900 shares in the quarter, for a total of 1.62 million shares, and has risen its stake in Concho Res Inc (NYSE:CXO).

Analysts await AerCap Holdings N.V. (NYSE:AER) to report earnings on May, 8. They expect $1.56 earnings per share, up 13.04% or $0.18 from last year’s $1.38 per share. AER’s profit will be $246.50 million for 8.28 P/E if the $1.56 EPS becomes a reality. After $1.67 actual earnings per share reported by AerCap Holdings N.V. for the previous quarter, Wall Street now forecasts -6.59% negative EPS growth.

Investors sentiment decreased to 0.99 in 2017 Q3. Its down 0.07, from 1.06 in 2017Q2. It turned negative, as 28 investors sold AER shares while 107 reduced holdings. 40 funds opened positions while 93 raised stakes. 133.30 million shares or 6.85% less from 143.10 million shares in 2017Q2 were reported. Centaur Capital Prtn Limited Partnership invested in 20,000 shares or 1.77% of the stock. 23,555 were accumulated by Principal Gru. 177 are held by Tower Research Cap Limited Liability (Trc). 3,200 were accumulated by Loring Wolcott Coolidge Fiduciary Advsr Llp Ma. Credit Agricole S A accumulated 635,084 shares. 105,258 are held by Comerica Fincl Bank. Wells Fargo & Mn owns 3.53M shares. Wellington Mgmt Limited Liability Partnership reported 12.21 million shares. Oppenheimer Inc invested in 0.02% or 16,857 shares. Greenlight Cap Incorporated owns 12.36M shares or 10.77% of their US portfolio. British Columbia Invest Mngmt holds 27,100 shares or 0.01% of its portfolio. Mitsubishi Ufj And Banking reported 297,575 shares. Telemus Limited reported 24,460 shares or 0.2% of all its holdings. Lpl Lc holds 0.01% or 55,573 shares in its portfolio. Gsa Cap Prtn Limited Liability Partnership holds 0.04% or 11,312 shares.

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