Chemung Canal Trust Company Boosted United (UTX) Position By $2.83 Million; 15 Analysts Bullish Plains GP Holdings, L.P. (PAGP)

April 22, 2018 - By Nellie Frank

United Technologies Corporation (NYSE:UTX) Logo

Among 27 analysts covering Plains GP Holdings LP (NYSE:PAGP), 15 have Buy rating, 0 Sell and 12 Hold. Therefore 56% are positive. Plains GP Holdings LP had 86 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Morgan Stanley on Thursday, May 26 with “Equal-Weight”. Jefferies maintained Plains GP Holdings, L.P. (NYSE:PAGP) rating on Wednesday, December 20. Jefferies has “Buy” rating and $25.0 target. As per Friday, April 21, the company rating was downgraded by Jefferies. Wunderlich maintained the shares of PAGP in report on Wednesday, August 31 with “Hold” rating. Stifel Nicolaus maintained Plains GP Holdings, L.P. (NYSE:PAGP) rating on Thursday, September 28. Stifel Nicolaus has “Hold” rating and $21.0 target. The firm has “Neutral” rating by JP Morgan given on Friday, May 27. Robert W. Baird upgraded it to “Outperform” rating and $39 target in Tuesday, January 31 report. Robert W. Baird downgraded Plains GP Holdings, L.P. (NYSE:PAGP) on Thursday, August 6 to “Neutral” rating. Stifel Nicolaus maintained the shares of PAGP in report on Tuesday, August 8 with “Hold” rating. As per Wednesday, June 15, the company rating was initiated by SunTrust. See Plains GP Holdings, L.P. (NYSE:PAGP) latest ratings:

20/04/2018 Broker: Deutsche Bank Rating: Buy New Target: $29 Initiates Coverage On
09/04/2018 Broker: SunTrust Old Rating: Hold New Rating: Buy Upgrade
13/03/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $27 New Target: $28 Maintain
06/03/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Buy Upgrade
13/02/2018 Broker: Morgan Stanley Rating: Buy Upgrade
08/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $24.0 Maintain
07/02/2018 Broker: Robert W. Baird Rating: Hold New Target: $22.0 Maintain
08/02/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $24 New Target: $23 Maintain
17/01/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Equal-Weight Downgrade
12/01/2018 Broker: Jefferies Rating: Buy New Target: $26.0 Maintain

Chemung Canal Trust Company increased United (UTX) stake by 46.68% reported in 2017Q4 SEC filing. Chemung Canal Trust Company acquired 22,269 shares as United (UTX)’s stock declined 1.53%. The Chemung Canal Trust Company holds 69,971 shares with $8.93M value, up from 47,702 last quarter. United now has $98.48 billion valuation. The stock decreased 0.62% or $0.77 during the last trading session, reaching $123.08. About 5.38 million shares traded or 4.24% up from the average. United Technologies Corporation (NYSE:UTX) has risen 12.03% since April 22, 2017 and is uptrending. It has outperformed by 0.48% the S&P500.

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 84 analyst reports since July 21, 2015 according to SRatingsIntel. UBS initiated the stock with “Buy” rating in Tuesday, January 23 report. The rating was maintained by RBC Capital Markets on Friday, September 15 with “Hold”. Jefferies maintained United Technologies Corporation (NYSE:UTX) on Thursday, January 25 with “Buy” rating. Cowen & Co maintained United Technologies Corporation (NYSE:UTX) on Monday, January 22 with “Hold” rating. Robert W. Baird initiated United Technologies Corporation (NYSE:UTX) on Thursday, October 6 with “Neutral” rating. RBC Capital Markets maintained the shares of UTX in report on Thursday, January 28 with “Sector Perform” rating. Argus Research maintained United Technologies Corporation (NYSE:UTX) rating on Wednesday, July 22. Argus Research has “Buy” rating and $125 target. The firm has “Hold” rating by Cowen & Co given on Tuesday, October 10. The firm earned “Hold” rating on Wednesday, September 6 by Deutsche Bank. The firm earned “Buy” rating on Thursday, September 10 by Citigroup.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.13, from 1.05 in 2017Q3. It worsened, as 58 investors sold UTX shares while 554 reduced holdings. 121 funds opened positions while 441 raised stakes. 624.06 million shares or 0.48% more from 621.08 million shares in 2017Q3 were reported. Amundi Pioneer Asset Mngmt accumulated 0.47% or 2.41M shares. First Personal Svcs holds 0.19% in United Technologies Corporation (NYSE:UTX) or 7,707 shares. Cobblestone Cap holds 0.07% of its portfolio in United Technologies Corporation (NYSE:UTX) for 5,572 shares. Compton Capital Mgmt Ri holds 16,481 shares or 0.9% of its portfolio. Berkshire Asset Management Lc Pa holds 0.07% of its portfolio in United Technologies Corporation (NYSE:UTX) for 5,811 shares. Winslow Evans & Crocker reported 9,622 shares. Natl Asset Management holds 0.3% or 17,166 shares. Kingfisher Capital Limited Liability Corporation holds 0.43% of its portfolio in United Technologies Corporation (NYSE:UTX) for 5,331 shares. Engineers Gate Manager Ltd Partnership reported 26,530 shares. Thomas J Herzfeld Advsrs Inc, a Florida-based fund reported 62 shares. 4,095 were accumulated by Parkside National Bank And Trust. Mitsubishi Ufj Trust Banking Corp holds 0.34% or 1.54 million shares. Tradewinds Management Llc holds 130 shares. Wellington Shields Cap Ltd Limited Liability Company owns 12,475 shares or 0.25% of their US portfolio. Moreover, First Allied Advisory Services has 0.11% invested in United Technologies Corporation (NYSE:UTX) for 21,529 shares.

Chemung Canal Trust Company decreased Colgate Palmolive (NYSE:CL) stake by 12,572 shares to 10,221 valued at $771,000 in 2017Q4. It also reduced Adobe Systems Inc (NASDAQ:ADBE) stake by 4,238 shares and now owns 46,577 shares. Johnson (NYSE:JNJ) was reduced too.

Since December 13, 2017, it had 0 insider buys, and 5 insider sales for $1.06 million activity. 2,032 shares were sold by Bailey Robert J., worth $274,217. Shares for $546,600 were sold by Amato Elizabeth B on Friday, December 15.

Plains GP Holdings, L.P. owns and operates midstream energy infrastructure in the United States and Canada. The company has market cap of $13.91 billion. It operates through three divisions: Transportation, Facilities, and Supply and Logistics. It currently has negative earnings. The Transportation segment engages in the transportation of crude oil and NGL on pipelines, gathering systems, trucks, and barges.

United Technologies Corporation (NYSE:UTX) Institutional Positions Chart

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>