Welch & Forbes Has Increased United Technologies (UTX) Holding By $436,375; Last Week Mack-Cali Realty (CLI) Coverage

June 22, 2018 - By Adrian Mccoy

United Technologies Corporation (NYSE:UTX) Logo

Welch & Forbes Llc increased United Technologies Corp (UTX) stake by 0.46% reported in 2018Q1 SEC filing. Welch & Forbes Llc acquired 3,491 shares as United Technologies Corp (UTX)’s stock declined 6.23%. The Welch & Forbes Llc holds 765,604 shares with $96.33M value, up from 762,113 last quarter. United Technologies Corp now has $98.79 billion valuation. The stock decreased 1.50% or $1.88 during the last trading session, reaching $123.48. About 4.60M shares traded or 13.94% up from the average. United Technologies Corporation (NYSE:UTX) has risen 3.91% since June 22, 2017 and is uptrending. It has underperformed by 8.66% the S&P500. Some Historical UTX News: 08/03/2018 – BOEING BA.N CEO DENNIS MUILENBURG SAYS MAKING PROGRESS IN EMBRAER EMBR3.SA NEGOTIATIONS, STILL WORK TO DO; 08/03/2018 – BOEING CEO SAYS CONTINUES TO EVALUATE ALL PARTS OF EMBRAER, STUDYING VARIOUS CORPORATE STRUCTURES; 04/05/2018 – Hedge fund Third Point pushes UTC to split into 3 businesses-letter; 18/05/2018 – Middleby to Buy Taylor From United Technlogies Unit UTC Climate, Controls & Securit; 24/04/2018 – UNITED TECHNOLOGIES OPTIMISTIC ABOUT ABILITY OF SUPPLY CHAIN TO MEET INCREASING ENGINE PRODUCTION-CFO; 16/03/2018 – UNITED TECHNOLOGIES SEES 2018 ADJ. EPS $6.85-$7.10, EST. $7.25; 24/04/2018 – Airbus CEO says post-Brexit production shift open for discussion; 07/03/2018 – General Motors and Boeing declined 1.3 percent and 1.4 percent, respectively. United Technologies and Ford Motor slipped 1.1 percent and 0.9 percent, respectively; 08/03/2018 – BOEING CEO SAYS PRIORITIES FOR CASH REMAIN ORGANIC INVESTMENT, RETURN TO SHAREHOLDERS FOLLOWED BY M&A; 04/05/2018 – Hedge fund Third Point pushes United Tech to break up

Among 9 analysts covering Mack Cali Realty Corp (NYSE:CLI), 2 have Buy rating, 1 Sell and 6 Hold. Therefore 22% are positive. Mack Cali Realty Corp had 39 analyst reports since August 14, 2015 according to SRatingsIntel. The stock of Mack-Cali Realty Corporation (NYSE:CLI) has “Buy” rating given on Tuesday, September 5 by SunTrust. The rating was upgraded by JP Morgan to “Neutral” on Thursday, December 17. The stock of Mack-Cali Realty Corporation (NYSE:CLI) earned “Underweight” rating by Barclays Capital on Tuesday, July 19. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, September 18. The firm earned “In-Line” rating on Monday, December 4 by Evercore. The firm has “Sell” rating given on Wednesday, November 8 by Stifel Nicolaus. On Monday, February 26 the stock rating was upgraded by Stifel Nicolaus to “Hold”. Stifel Nicolaus maintained the shares of CLI in report on Monday, January 18 with “Buy” rating. On Friday, December 16 the stock rating was upgraded by JP Morgan to “Overweight”. The rating was maintained by Barclays Capital on Friday, August 18 with “Underweight”. See Mack-Cali Realty Corporation (NYSE:CLI) latest ratings:

05/03/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $23 New Target: $18 Maintain
26/02/2018 Broker: SunTrust Rating: Buy New Target: $21.0 Maintain
26/02/2018 Broker: Stifel Nicolaus Old Rating: Sell New Rating: Hold Upgrade
23/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $19.0 Upgrade
30/01/2018 Broker: Barclays Capital Old Rating: Underweight New Rating: Underweight Old Target: $24 New Target: $21 Maintain
22/01/2018 Broker: SunTrust Rating: Buy New Target: $28.0 Maintain

Investors sentiment increased to 0.94 in 2018 Q1. Its up 0.02, from 0.92 in 2017Q4. It improved, as 62 investors sold UTX shares while 542 reduced holdings. 98 funds opened positions while 467 raised stakes. 630.65 million shares or 1.06% more from 624.06 million shares in 2017Q4 were reported. Johnson Fincl owns 0.31% invested in United Technologies Corporation (NYSE:UTX) for 20,313 shares. Ingalls & Snyder Limited Co invested in 0.65% or 106,049 shares. Amg National Tru Bank owns 0.06% invested in United Technologies Corporation (NYSE:UTX) for 6,920 shares. Polar Cap Llp accumulated 0.68% or 532,300 shares. Tuttle Tactical holds 1.39% or 13,715 shares. Srb has 0.03% invested in United Technologies Corporation (NYSE:UTX). Washington Fincl Bank reported 0.05% in United Technologies Corporation (NYSE:UTX). J Goldman Com Lp reported 38,664 shares. Cohen Lawrence B accumulated 20,505 shares or 1.73% of the stock. Rhumbline Advisers reported 1.27 million shares. Hamel Assocs has invested 0.33% in United Technologies Corporation (NYSE:UTX). 534,920 were reported by Fifth Third Bankshares. Sabal Trust Communication has 3,905 shares. 30,107 were accumulated by Northstar Asset Mgmt Limited Company. Amica Mutual Insur owns 24,628 shares.

Among 24 analysts covering United Technologies Corporation (NYSE:UTX), 15 have Buy rating, 0 Sell and 9 Hold. Therefore 63% are positive. United Technologies Corporation had 89 analyst reports since July 21, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of UTX in report on Tuesday, July 25 with “Buy” rating. As per Tuesday, October 6, the company rating was upgraded by Numis Securities. The stock of United Technologies Corporation (NYSE:UTX) has “Hold” rating given on Tuesday, April 3 by Stifel Nicolaus. The firm has “Sector Perform” rating given on Tuesday, May 3 by RBC Capital Markets. As per Monday, August 31, the company rating was downgraded by Barclays Capital. The rating was maintained by RBC Capital Markets on Friday, June 2 with “Hold”. The stock of United Technologies Corporation (NYSE:UTX) earned “Buy” rating by Jefferies on Friday, July 7. The stock has “Hold” rating by RBC Capital Markets on Friday, September 15. The stock of United Technologies Corporation (NYSE:UTX) has “Buy” rating given on Thursday, September 10 by Citigroup. The stock has “Buy” rating by Cowen & Co on Monday, August 7.

More important recent United Technologies Corporation (NYSE:UTX) news were published by: Seekingalpha.com which released: “Dan Loeb Is Right: Splitting United Technologies Apart Will Unlock Value” on June 16, 2018, also Seekingalpha.com published article titled: “United Technologies’ Accelerating Growth”, Nasdaq.com published: “With GE Gone, It’s Time to Stop Covering the Dow Jones Index” on June 20, 2018. More interesting news about United Technologies Corporation (NYSE:UTX) was released by: Seekingalpha.com and their article: “You’re Better Off Sitting On The Sidelines In The United Technologies And Rockwell Collins Deal” with publication date: June 05, 2018.

Welch & Forbes Llc decreased Cvs Health Corp (NYSE:CVS) stake by 88,119 shares to 285,873 valued at $17.79 million in 2018Q1. It also reduced Nvidia Corp (NASDAQ:NVDA) stake by 1,613 shares and now owns 267,374 shares. Wells Fargo Co New (NYSE:WFC) was reduced too.

Since February 22, 2018, it had 1 insider purchase, and 5 selling transactions for $2.57 million activity. The insider Reynolds Fredric G bought $1.09M. MCDONOUGH ROBERT J sold $1.28M worth of stock. $803,037 worth of United Technologies Corporation (NYSE:UTX) shares were sold by JOHRI AKHIL. Gill Charles D had sold 9,700 shares worth $1.25 million on Tuesday, May 22. The insider Bailey Robert J. sold 2,032 shares worth $274,217.

Since March 6, 2018, it had 2 insider purchases, and 0 selling transactions for $590,781 activity. On Tuesday, March 6 Smetana David J bought $97,781 worth of Mack-Cali Realty Corporation (NYSE:CLI) or 5,800 shares. GANTCHER NATHAN bought 25,000 shares worth $493,000.

Mack-Cali Realty Corporation is a real estate investment trust. The company has market cap of $2.06 billion. The firm invests in real estate markets of the United States. It has a 52.11 P/E ratio. It owns and operates a real estate portfolio comprised predominantly of Class A office and office/flex properties located primarily in the Northeast.

Investors sentiment decreased to 1.14 in Q1 2018. Its down 0.09, from 1.23 in 2017Q4. It worsened, as 21 investors sold Mack-Cali Realty Corporation shares while 58 reduced holdings. 24 funds opened positions while 66 raised stakes. 79.24 million shares or 8.07% less from 86.20 million shares in 2017Q4 were reported. Rhumbline Advisers has invested 0.01% in Mack-Cali Realty Corporation (NYSE:CLI). Amer Natl Insurance Tx invested 0.01% in Mack-Cali Realty Corporation (NYSE:CLI). Peak6 Invests Ltd Partnership has invested 0% in Mack-Cali Realty Corporation (NYSE:CLI). Vanguard Group invested in 12.96 million shares. The New York-based Jpmorgan Chase has invested 0% in Mack-Cali Realty Corporation (NYSE:CLI). Tiaa Cref Inv holds 0% of its portfolio in Mack-Cali Realty Corporation (NYSE:CLI) for 360,941 shares. Moreover, Exane Derivatives has 0% invested in Mack-Cali Realty Corporation (NYSE:CLI). Regions Fincl accumulated 40 shares. Smith Asset Mngmt Grp Inc L P holds 0% or 4,107 shares. State Of New Jersey Common Pension Fund D reported 65,000 shares. Hbk Invs Limited Partnership invested in 19,204 shares. Fmr Limited Liability Company accumulated 0% or 1.08 million shares. Moreover, Wolverine Asset Management Lc has 0.05% invested in Mack-Cali Realty Corporation (NYSE:CLI). Tower Rech Capital Ltd Liability Co (Trc) owns 9,783 shares or 0.01% of their US portfolio. Teacher Retirement System Of Texas invested 0% of its portfolio in Mack-Cali Realty Corporation (NYSE:CLI).

More recent Mack-Cali Realty Corporation (NYSE:CLI) news were published by: Streetinsider.com which released: “Mack-Cali Realty (CLI) Announces Departure of Vice Chairman Mitchell E. Rudin” on June 15, 2018. Also Gurufocus.com published the news titled: “Weekly CEO Buys Highlight” on June 17, 2018. Prnewswire.com‘s news article titled: “Mack-Cali Realty Corporation To Host 2018 Annual Meeting Of Stockholders” with publication date: June 04, 2018 was also an interesting one.

Mack-Cali Realty Corporation (NYSE:CLI) Institutional Positions Chart

Echostar Corporation-Receive News & Ratings Via Email - 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 Newsletter

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


>