As United Technologies (UTX) Market Value Declined, Aristotle Capital Management Has Decreased Holding by $658,241; As Markel (MKL) Market Value Rose, Heritage Wealth Advisors Upped Its Position

April 22, 2018 - By Richard Conner

Markel Corporation (NYSE:MKL) Logo

Aristotle Capital Management Llc decreased its stake in United Technologies Corp (UTX) by 73.18% based on its latest 2017Q4 regulatory filing with the SEC. Aristotle Capital Management Llc sold 5,183 shares as the company’s stock declined 1.53% with the market. The institutional investor held 1,900 shares of the aerospace company at the end of 2017Q4, valued at $242,000, down from 7,083 at the end of the previous reported quarter. Aristotle Capital Management Llc who had been investing in United Technologies Corp for a number of months, seems to be less bullish one the $98.48B market cap company. The stock decreased 0.62% or $0.77 during the last trading session, reaching $123.08. About 5.38M 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.

Heritage Wealth Advisors increased its stake in Markel Corp (MKL) by 316.72% based on its latest 2017Q4 regulatory filing with the SEC. Heritage Wealth Advisors bought 15,586 shares as the company’s stock rose 1.98% while stock markets declined. The institutional investor held 20,507 shares of the property-casualty insurers company at the end of 2017Q4, valued at $23.36 million, up from 4,921 at the end of the previous reported quarter. Heritage Wealth Advisors who had been investing in Markel Corp for a number of months, seems to be bullish on the $16.03 billion market cap company. The stock decreased 0.18% or $2.09 during the last trading session, reaching $1153.08. About 16,662 shares traded. Markel Corporation (NYSE:MKL) has risen 20.36% since April 22, 2017 and is uptrending. It has outperformed by 8.81% the S&P500.

Among 5 analysts covering Markel Corporation (NYSE:MKL), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Markel Corporation had 13 analyst reports since August 7, 2015 according to SRatingsIntel. On Friday, August 7 the stock rating was downgraded by RBC Capital Markets to “”. SunTrust maintained it with “Hold” rating and $1200.0 target in Wednesday, February 7 report. RBC Capital Markets maintained the stock with “Hold” rating in Monday, August 28 report. The firm earned “Neutral” rating on Thursday, August 4 by SunTrust. The rating was maintained by Boenning & Scattergood with “Buy” on Wednesday, July 26. On Friday, October 27 the stock rating was maintained by SunTrust with “Hold”. As per Monday, July 10, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained the shares of MKL in report on Monday, October 2 with “Hold” rating. The rating was upgraded by William Blair on Monday, March 19 to “Buy”. The firm has “Outperform” rating given on Thursday, April 14 by William Blair.

Since October 26, 2017, it had 1 insider purchase, and 13 selling transactions for $2.48 million activity. MARKEL STEVEN A sold $223,155 worth of stock or 200 shares. MARKEL ANTHONY F sold $53,770 worth of stock. Shares for $114,902 were sold by KIRSHNER ALAN I. Whitt Richard R III sold 300 shares worth $318,006.

Investors sentiment decreased to 1.08 in 2017 Q4. Its down 0.09, from 1.17 in 2017Q3. It is negative, as 23 investors sold MKL shares while 123 reduced holdings. 43 funds opened positions while 114 raised stakes. 10.50 million shares or 0.60% more from 10.44 million shares in 2017Q3 were reported. The Maryland-based Profund Lc has invested 0.01% in Markel Corporation (NYSE:MKL). 8,306 were accumulated by Captrust Financial Advsrs. Texas Yale Capital invested in 0.12% or 1,270 shares. Winslow Evans Crocker accumulated 32 shares or 0.01% of the stock. Moreover, First Personal Financial has 0.02% invested in Markel Corporation (NYSE:MKL) for 105 shares. Baillie Gifford & has 539,761 shares for 0.76% of their portfolio. Homrich And Berg reported 0.01% in Markel Corporation (NYSE:MKL). Winch Advisory Svcs Limited holds 0.03% or 39 shares in its portfolio. Akre Cap Management Limited Liability Company reported 513,923 shares stake. Vanguard Grp has 1.14M shares. Amundi Pioneer Asset Mgmt Incorporated holds 0.01% or 4,595 shares. Steinberg Asset Management Lc reported 3,081 shares. Legal And General Gp Public Lc invested in 0.06% or 73,396 shares. Frontier Investment Mgmt invested in 25,731 shares. Check Cap Mngmt Ca has 0.04% invested in Markel Corporation (NYSE:MKL).

Heritage Wealth Advisors, which manages about $402.51 million and $233.74 million US Long portfolio, decreased its stake in Ishares Tr (IVV) by 3,764 shares to 196,494 shares, valued at $52.83 million in 2017Q4, according to the filing.

Aristotle Capital Management Llc, which manages about $7.10 billion and $14.42 billion US Long portfolio, upped its stake in Eqt Corp (NYSE:EQT) by 132,571 shares to 3.68M shares, valued at $209.25 million in 2017Q4, according to the filing. It also increased its holding in Unilever N V (NYSE:UN) by 391,603 shares in the quarter, for a total of 5.27M shares, and has risen its stake in Oshkosh Corp (NYSE:OSK).

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. On Thursday, October 8 the stock rating was initiated by JP Morgan with “Neutral”. The stock has “Hold” rating by Deutsche Bank on Wednesday, September 6. As per Wednesday, October 21, the company rating was maintained by Citigroup. RBC Capital Markets maintained the shares of UTX in report on Friday, November 10 with “Hold” rating. Jefferies downgraded United Technologies Corporation (NYSE:UTX) on Monday, August 24 to “Buy” rating. The company was upgraded on Friday, January 5 by Robert W. Baird. The rating was maintained by Credit Suisse with “Neutral” on Monday, November 16. As per Monday, January 22, the company rating was maintained by Cowen & Co. Barclays Capital downgraded United Technologies Corporation (NYSE:UTX) rating on Monday, August 31. Barclays Capital has “Equal Weight” rating and $100 target. The firm has “Neutral” rating given on Monday, October 10 by CItigroup.

Analysts await United Technologies Corporation (NYSE:UTX) to report earnings on April, 24 before the open. They expect $1.51 EPS, up 2.03% or $0.03 from last year’s $1.48 per share. UTX’s profit will be $1.21B for 20.38 P/E if the $1.51 EPS becomes a reality. After $1.60 actual EPS reported by United Technologies Corporation for the previous quarter, Wall Street now forecasts -5.63% negative EPS growth.

Investors sentiment decreased to 0.92 in Q4 2017. Its down 0.13, from 1.05 in 2017Q3. It dived, 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. Savant Ltd Liability Co has 0.48% invested in United Technologies Corporation (NYSE:UTX). Lipe And Dalton reported 42,561 shares stake. Credit Agricole S A accumulated 0% or 467 shares. Ftb has invested 0.06% in United Technologies Corporation (NYSE:UTX). 143,410 are held by Salem Invest Counselors Inc. Mirae Asset Glob Invs Com Ltd holds 0.06% or 33,795 shares. Sheets Smith Wealth Mgmt holds 16,832 shares. Usca Ria Lc holds 0.42% or 29,871 shares in its portfolio. Greystone Ltd invested in 0.1% or 1,650 shares. Stephens Ar stated it has 0.2% in United Technologies Corporation (NYSE:UTX). Godshalk Welsh Cap Mgmt Inc accumulated 7,460 shares. Moore Management Limited Partnership has 0.03% invested in United Technologies Corporation (NYSE:UTX) for 13,772 shares. Country Trust Fincl Bank has invested 0% of its portfolio in United Technologies Corporation (NYSE:UTX). 47,843 were accumulated by Pillar Pacific Cap Mgmt Lc. The Georgia-based Synovus Financial has invested 0.24% in United Technologies Corporation (NYSE:UTX).

Since December 13, 2017, it had 0 insider purchases, and 5 insider sales for $1.06 million activity. Bailey Robert J. sold $56,034 worth of stock.

United Technologies Corporation (NYSE:UTX) Institutional Positions Chart

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 daily email newsletter.





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: