Brf Sa (BRFS) Share Price Declined While Inca Investments Has Boosted Its Stake; United Technologies (UTX) Share Price Declined While Finemark National Bank & Trust Increased Its Holding

May 21, 2018 - By Kurt Siggers

BRF S.A. (NYSE:BRFS) Logo

Finemark National Bank & Trust increased its stake in United Technologies Corp (UTX) by 4.72% based on its latest 2017Q4 regulatory filing with the SEC. Finemark National Bank & Trust bought 4,446 shares as the company’s stock declined 1.53% with the market. The institutional investor held 98,614 shares of the aerospace company at the end of 2017Q4, valued at $12.58 million, up from 94,168 at the end of the previous reported quarter. Finemark National Bank & Trust who had been investing in United Technologies Corp for a number of months, seems to be bullish on the $101.82B market cap company. The stock increased 1.66% or $2.08 during the last trading session, reaching $127.27. About 492,099 shares traded. United Technologies Corporation (NYSE:UTX) has risen 12.03% since May 21, 2017 and is uptrending. It has outperformed by 0.48% the S&P500.

Inca Investments Llc increased its stake in Brf Sa (BRFS) by 12.83% based on its latest 2017Q4 regulatory filing with the SEC. Inca Investments Llc bought 440,000 shares as the company’s stock declined 36.10% with the market. The institutional investor held 3.87M shares of the meat and poultry and fish company at the end of 2017Q4, valued at $43.58M, up from 3.43 million at the end of the previous reported quarter. Inca Investments Llc who had been investing in Brf Sa for a number of months, seems to be bullish on the $4.76B market cap company. The stock increased 1.54% or $0.09 during the last trading session, reaching $5.92. About 300,136 shares traded. BRF S.A. (NYSE:BRFS) has declined 41.14% since May 21, 2017 and is downtrending. It has underperformed by 52.69% the S&P500.

Among 22 analysts covering United Technologies Corporation (NYSE:UTX), 13 have Buy rating, 0 Sell and 9 Hold. Therefore 59% are positive. United Technologies Corporation had 86 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 25 by Stifel Nicolaus. The firm has “Neutral” rating given on Thursday, October 8 by JP Morgan. The stock of United Technologies Corporation (NYSE:UTX) has “Buy” rating given on Wednesday, July 22 by Argus Research. Cowen & Co maintained the stock with “Buy” rating in Monday, August 7 report. Citigroup maintained it with “Buy” rating and $107 target in Thursday, September 10 report. The firm earned “Buy” rating on Thursday, March 15 by UBS. As per Tuesday, July 21, the company rating was upgraded by S&P Research. The rating was initiated by Liberum Capital on Tuesday, December 1 with “Hold”. The rating was downgraded by Citigroup on Monday, October 10 to “Neutral”. The firm earned “Overweight” rating on Monday, February 26 by Barclays Capital.

More notable recent United Technologies Corporation (NYSE:UTX) news were published by: Fool.com which released: “The Best is Yet to Come For United Technologies” on May 09, 2018, also Seekingalpha.com with their article: “Pershing Square (Bill Ackman) Q1 2018 Investor Letter” published on May 21, 2018, Seekingalpha.com published: “Third Point (Dan Loeb) Q1 2018 Investor Letter” on May 10, 2018. More interesting news about United Technologies Corporation (NYSE:UTX) were released by: Fool.com and their article: “Why This Billionaire Hedge Fund Manager Wants to Break Up United Technologies” published on May 21, 2018 as well as Streetinsider.com‘s news article titled: “United Technologies (NYSE: UTX) May calls active after Third Point expressed views of the company’s portfolio structure” with publication date: May 04, 2018.

Finemark National Bank & Trust, which manages about $1.57 billion US Long portfolio, decreased its stake in Merck & Co Inc (NYSE:MRK) by 9,224 shares to 206,644 shares, valued at $11.63M in 2017Q4, according to the filing. It also reduced its holding in Alphabet Inc by 828 shares in the quarter, leaving it with 15,462 shares, and cut its stake in General Mtrs Co (NYSE:GM).

Since December 13, 2017, it had 1 insider buy, and 6 insider sales for $1.25 million activity. Amato Elizabeth B sold $546,600 worth of United Technologies Corporation (NYSE:UTX) on Friday, December 15. $1.09 million worth of United Technologies Corporation (NYSE:UTX) was bought by Reynolds Fredric G. The insider MCDONOUGH ROBERT J sold 10,770 shares worth $1.28 million.

Investors sentiment decreased to 0.92 in Q4 2017. Its down 0.13, from 1.05 in 2017Q3. It dropped, 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. Thompson Rubinstein Mgmt Inc Or holds 0.13% or 3,200 shares. Fund Evaluation Group Ltd Com holds 0.37% or 26,935 shares in its portfolio. 165,000 were accumulated by State Of New Jersey Common Pension Fund D. Ibm Retirement Fund holds 0.44% in United Technologies Corporation (NYSE:UTX) or 18,419 shares. Newman Dignan Sheerar invested in 7,795 shares. Davenport And Communication Ltd Liability Company holds 0.07% or 42,770 shares. Folger Nolan Fleming Douglas Management accumulated 1.06% or 59,536 shares. Oakbrook Investments Limited Liability Corp reported 3,613 shares. Mastrapasqua Asset Incorporated accumulated 74,277 shares. Srb has 1,634 shares for 0.03% of their portfolio. Covington Capital accumulated 51,599 shares. Walter And Keenan Consulting Mi Adv reported 15,450 shares. Fincl Counselors reported 0.13% stake. Notis accumulated 36,156 shares or 2.65% of the stock. 5.27 million are held by First Pacific.

United Technologies Corporation (NYSE:UTX) Institutional Positions Chart

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