Greenwood Gearhart Raised Stake in United Technologies Com (UTX) as Market Value Rose; Waterfront Capital Partners Has Decreased Pennsylvania Rl Estate Invt (PEI) Holding as Market Valuation Declined

February 25, 2018 - By Dolores Ford

Greenwood Gearhart Inc increased its stake in United Technologies Corp Com (UTX) by 6.18% based on its latest 2017Q3 regulatory filing with the SEC. Greenwood Gearhart Inc bought 3,667 shares as the company’s stock rose 8.03% with the market. The institutional investor held 63,041 shares of the aerospace company at the end of 2017Q3, valued at $7.32 million, up from 59,374 at the end of the previous reported quarter. Greenwood Gearhart Inc who had been investing in United Technologies Corp Com for a number of months, seems to be bullish on the $106.49B market cap company. The stock decreased 0.32% or $0.43 during the last trading session, reaching $133.15. About 4.60M shares traded or 2.34% up from the average. United Technologies Corporation (NYSE:UTX) has risen 22.99% since February 25, 2017 and is uptrending. It has outperformed by 6.29% the S&P500.

Eduardo Abush decreased its stake in Pennsylvania Rl Estate Invt (PEI) by 38.05% based on its latest 2017Q3 regulatory filing with the SEC. Waterfront Capital Partners Llc sold 228,932 shares as the company’s stock declined 36.64% while stock markets rallied. The hedge fund run by Eduardo Abush held 372,718 shares of the real estate investment trusts company at the end of 2017Q3, valued at $3.91 million, down from 601,650 at the end of the previous reported quarter. Waterfront Capital Partners Llc who had been investing in Pennsylvania Rl Estate Invt for a number of months, seems to be less bullish one the $827.34M market cap company. The stock increased 3.85% or $0.39 during the last trading session, reaching $10.52. About 676,901 shares traded. Pennsylvania Real Estate Investment Trust (NYSE:PEI) has declined 47.73% since February 25, 2017 and is downtrending. It has underperformed by 64.43% the S&P500.

Since December 13, 2017, it had 0 insider purchases, and 3 selling transactions for $734,561 activity. On Friday, December 15 the insider Amato Elizabeth B sold $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 maintained on Monday, September 19 by UBS. RBC Capital Markets maintained it with “Hold” rating and $125.0 target in Friday, September 15 report. The firm has “Buy” rating given on Thursday, January 28 by Argus Research. The stock has “Buy” rating by Citigroup on Wednesday, October 21. The company was upgraded on Friday, February 9 by Argus Research. The company was upgraded on Thursday, July 23 by Cowen & Co. The stock of United Technologies Corporation (NYSE:UTX) has “Hold” rating given on Friday, January 27 by Stifel Nicolaus. The company was upgraded on Friday, January 5 by Robert W. Baird. The firm has “Hold” rating by Stifel Nicolaus given on Friday, July 7. Atlantic Securities upgraded United Technologies Corporation (NYSE:UTX) on Tuesday, December 5 to “Overweight” rating.

Investors sentiment increased to 1.05 in Q3 2017. 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. Deprince Race And Zollo Inc stated it has 0.44% in United Technologies Corporation (NYSE:UTX). Pnc Financial Svcs Gp stated it has 3.26M shares or 0.39% of all its holdings. Iowa-based Principal Group has invested 0.12% in United Technologies Corporation (NYSE:UTX). Janney Montgomery Scott Llc holds 0.26% or 196,316 shares. Epoch Invest reported 0.08% in United Technologies Corporation (NYSE:UTX). Geode Capital Management Llc reported 7.53M shares. Ally Fin has 45,000 shares. Congress Asset Management Com Ma reported 6,795 shares. Federated Inc Pa holds 0.02% in United Technologies Corporation (NYSE:UTX) or 58,059 shares. City Fl reported 1.02% of its portfolio in United Technologies Corporation (NYSE:UTX). Panagora Asset Mgmt, a Massachusetts-based fund reported 335,733 shares. 650 are held by Finance Architects Inc. Northstar Asset Mgmt Limited Liability Company owns 30,357 shares or 1.54% of their US portfolio. Davis Selected Advisers has 7.67 million shares for 3.79% of their portfolio. Fiera Capital Corporation stated it has 1.6% in United Technologies Corporation (NYSE:UTX).

Investors sentiment increased to 1.53 in Q3 2017. Its up 0.10, from 1.43 in 2017Q2. It improved, as 18 investors sold PEI shares while 42 reduced holdings. 26 funds opened positions while 66 raised stakes. 68.13 million shares or 7.16% more from 63.58 million shares in 2017Q2 were reported. Bnp Paribas Asset Mgmt Hldgs Sa accumulated 0.24% or 2.74M shares. Guggenheim Capital Ltd accumulated 61,831 shares. Price T Rowe Associate Inc Md invested 0% in Pennsylvania Real Estate Investment Trust (NYSE:PEI). 9,824 are owned by New Mexico Educational Retirement Board. Mycio Wealth Ptnrs Limited Liability Co reported 0.02% stake. Presima Inc has 2.06M shares. Commercial Bank Of Montreal Can invested 0% of its portfolio in Pennsylvania Real Estate Investment Trust (NYSE:PEI). Sumitomo Mitsui Tru, a Japan-based fund reported 63,201 shares. Susquehanna Intl Gp Ltd Liability Partnership reported 212,782 shares or 0% of all its holdings. Alliancebernstein Lp stated it has 0% in Pennsylvania Real Estate Investment Trust (NYSE:PEI). Jpmorgan Chase invested 0% in Pennsylvania Real Estate Investment Trust (NYSE:PEI). Parallax Volatility Advisers LP owns 16,375 shares. Landscape Cap Mngmt Limited Liability Corp invested in 474,300 shares. Quantitative Systematic Strategies accumulated 159,234 shares. Grp Incorporated One Trading Lp accumulated 0% or 8,016 shares.

Among 8 analysts covering Pennslyvania Real Estate Investment Trust (NYSE:PEI), 0 have Buy rating, 2 Sell and 6 Hold. Therefore 0 are positive. Pennslyvania Real Estate Investment Trust had 22 analyst reports since January 26, 2016 according to SRatingsIntel. The rating was maintained by Citigroup on Friday, November 10 with “Neutral”. The stock has “Underweight” rating by Barclays Capital on Monday, March 7. Stifel Nicolaus maintained Pennsylvania Real Estate Investment Trust (NYSE:PEI) rating on Friday, July 14. Stifel Nicolaus has “Hold” rating and $11.5 target. As per Monday, January 29, the company rating was maintained by Stifel Nicolaus. The stock of Pennsylvania Real Estate Investment Trust (NYSE:PEI) has “Underweight” rating given on Tuesday, August 15 by Barclays Capital. The stock of Pennsylvania Real Estate Investment Trust (NYSE:PEI) earned “Neutral” rating by Citigroup on Wednesday, February 21. The firm has “Neutral” rating by Citigroup given on Monday, August 14. The firm has “Hold” rating by Boenning & Scattergood given on Wednesday, September 6. The firm earned “Buy” rating on Wednesday, April 20 by Stifel Nicolaus. The firm has “Hold” rating by Stifel Nicolaus given on Friday, September 8.

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By1 Dolores Ford

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