Market News

Acropolis Investment Management Maintains Position in United Technologies (UTX); Us Bancorp Del (Put) (USB) Shareholder Arrowgrass Capital Partners LP Cut Its Holding by $1.65 Million as Market Value Declined

Acropolis Investment Management Llc increased its stake in United Technologies Corp (UTX) by 81.25% based on its latest 2017Q3 regulatory filing with the SEC. Acropolis Investment Management Llc bought 7,578 shares as the company’s stock rose 8.03% with the market. The institutional investor held 16,905 shares of the aerospace company at the end of 2017Q3, valued at $1.06 million, up from 9,327 at the end of the previous reported quarter. Acropolis Investment Management Llc who had been investing in United Technologies Corp for a number of months, seems to be bullish on the $101.58 billion market cap company. The stock increased 0.43% or $0.545 during the last trading session, reaching $127.005. About 112,738 shares traded. United Technologies Corporation (NYSE:UTX) has risen 22.99% since February 21, 2017 and is uptrending. It has outperformed by 6.29% the S&P500.

Nick Niell decreased its stake in Us Bancorp Del (Put) (USB) by 73.86% based on its latest 2017Q3 regulatory filing with the SEC. Arrowgrass Capital Partners Lp sold 308 shares as the company’s stock declined 6.89% while stock markets rallied. The hedge fund run by Nick Niell held 109 shares of the major banks company at the end of 2017Q3, valued at $584,000, down from 417 at the end of the previous reported quarter. Arrowgrass Capital Partners Lp who had been investing in Us Bancorp Del (Put) for a number of months, seems to be less bullish one the $91.44 billion market cap company. The stock increased 0.56% or $0.31 during the last trading session, reaching $55.22. About 109,581 shares traded. U.S. Bancorp (NYSE:USB) has risen 23.07% since February 21, 2017 and is uptrending. It has outperformed by 6.37% the S&P500.

Since December 13, 2017, it had 0 buys, and 3 sales for $734,561 activity. Amato Elizabeth B sold 4,341 shares worth $546,600.

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 company was downgraded on Monday, May 2 by Goldman Sachs. Stifel Nicolaus maintained it with “Hold” rating and $146.0 target in Thursday, January 25 report. The rating was maintained by Cowen & Co on Tuesday, October 10 with “Hold”. The firm has “Buy” rating given on Tuesday, July 21 by S&P Research. The stock of United Technologies Corporation (NYSE:UTX) earned “Neutral” rating by Sterne Agee CRT on Wednesday, January 6. The rating was maintained by RBC Capital Markets with “Hold” on Friday, September 15. The firm earned “Sector Perform” rating on Tuesday, May 3 by RBC Capital Markets. The stock of United Technologies Corporation (NYSE:UTX) has “Hold” rating given on Tuesday, December 1 by Liberum Capital. Goldman Sachs upgraded United Technologies Corporation (NYSE:UTX) on Monday, January 8 to “Buy” rating. The stock has “Hold” rating by Stifel Nicolaus on Wednesday, October 25.

Acropolis Investment Management Llc, which manages about $912.87M and $611.34M US Long portfolio, decreased its stake in Walgreens Boots Alliance Inc by 2,394 shares to 231 shares, valued at $175,000 in 2017Q3, according to the filing. It also reduced its holding in Bristol Myers Squibb Co (NYSE:BMY) by 4,246 shares in the quarter, leaving it with 2,047 shares, and cut its stake in Ishares Tr (EFA).

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. Perigon Wealth Management Lc owns 24,958 shares for 0.94% of their portfolio. Archford Cap Strategies Ltd stated it has 0.34% in United Technologies Corporation (NYSE:UTX). Matrix Asset Advsrs Inc New York invested 3.05% of its portfolio in United Technologies Corporation (NYSE:UTX). Boston Limited Liability Company holds 0.05% or 20,313 shares. Peapack Gladstone Corp has 1.16% invested in United Technologies Corporation (NYSE:UTX). L & S Advsr has 45,278 shares for 0.88% of their portfolio. Balyasny Asset Mngmt Ltd has 0.05% invested in United Technologies Corporation (NYSE:UTX) for 100,310 shares. Boys Arnold & Co, North Carolina-based fund reported 92,716 shares. Oppenheimer Co Inc holds 75,903 shares. Cornerstone Advsr invested in 32,000 shares or 0.43% of the stock. Wagner Bowman holds 0.36% of its portfolio in United Technologies Corporation (NYSE:UTX) for 10,998 shares. Oxbow Advsr Ltd Liability accumulated 12,900 shares. Wealth Architects Lc stated it has 4,196 shares. X Management Ltd has 9,444 shares. Cubic Asset Mngmt Ltd Liability Corp invested in 45,887 shares.

Among 32 analysts covering U.S. Bancorp (NYSE:USB), 9 have Buy rating, 4 Sell and 19 Hold. Therefore 28% are positive. U.S. Bancorp had 84 analyst reports since August 6, 2015 according to SRatingsIntel. Sandler O’Neill maintained the shares of USB in report on Wednesday, January 17 with “Hold” rating. Jefferies maintained the shares of USB in report on Friday, August 11 with “Buy” rating. The rating was maintained by Jefferies on Thursday, June 8 with “Buy”. The rating was downgraded by Stephens on Tuesday, March 8 to “Equal-Weight”. On Tuesday, April 26 the stock rating was downgraded by Deutsche Bank to “Hold”. The rating was upgraded by Guggenheim to “Buy” on Friday, August 28. Robert W. Baird maintained the shares of USB in report on Tuesday, January 2 with “Hold” rating. The firm earned “Buy” rating on Thursday, July 27 by RBC Capital Markets. Barclays Capital maintained the shares of USB in report on Tuesday, January 3 with “Overweight” rating. Deutsche Bank upgraded U.S. Bancorp (NYSE:USB) on Tuesday, September 8 to “Buy” rating.

Arrowgrass Capital Partners Lp, which manages about $14.76 billion and $13.54B US Long portfolio, upped its stake in American Tower Corp New (NYSE:AMT) by 15,168 shares to 15,506 shares, valued at $2.12M in 2017Q3, according to the filing. It also increased its holding in Duke Energy Corp New (Put) (NYSE:DUK) by 1,169 shares in the quarter, for a total of 1,173 shares, and has risen its stake in Disney Walt Co (NYSE:DIS).

Investors sentiment decreased to 0.89 in 2017 Q3. Its down 0.01, from 0.9 in 2017Q2. It turned negative, as 61 investors sold USB shares while 441 reduced holdings. 81 funds opened positions while 368 raised stakes. 1.20 billion shares or 1.15% less from 1.21 billion shares in 2017Q2 were reported. Davis R M reported 1.86% stake. 60,002 are owned by Finance Counselors. Cannell Peter B owns 71,734 shares. Weik Service stated it has 10,100 shares. Schwerin Boyle accumulated 358,883 shares or 2.17% of the stock. Webster Natl Bank N A stated it has 0.02% in U.S. Bancorp (NYSE:USB). Argi Inv Serv Limited Liability Corp has invested 0.1% in U.S. Bancorp (NYSE:USB). Whitnell holds 5,668 shares. Icon Advisers Inc reported 27,600 shares. Rafferty Asset Mgmt Ltd Liability Corp owns 264,854 shares or 0.32% of their US portfolio. Van Strum Towne reported 4,084 shares. Hallmark Capital Inc stated it has 0.1% in U.S. Bancorp (NYSE:USB). Tokio Marine Asset Mgmt stated it has 0.45% in U.S. Bancorp (NYSE:USB). Tocqueville Asset Mngmt LP owns 553,996 shares. Omers Administration invested 0.98% of its portfolio in U.S. Bancorp (NYSE:USB).

Leave a Reply

Your email address will not be published. Required fields are marked *