Zpr Investment Management Increased Its Holding in Advanced Energy Inds (AEIS) by $1.31 Million as Stock Value Declined; Apg Asset Management Nv Trimmed Its United Technologies (UTX) Position as Stock Value Declined

April 19, 2018 - By Marguerite Chambers

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Zpr Investment Management increased its stake in Advanced Energy Inds (AEIS) by 196.12% based on its latest 2017Q4 regulatory filing with the SEC. Zpr Investment Management bought 19,498 shares as the company’s stock declined 10.34% with the market. The institutional investor held 29,440 shares of the capital goods company at the end of 2017Q4, valued at $1.99M, up from 9,942 at the end of the previous reported quarter. Zpr Investment Management who had been investing in Advanced Energy Inds for a number of months, seems to be bullish on the $2.46B market cap company. The stock decreased 6.10% or $4.02 during the last trading session, reaching $61.93. About 546,628 shares traded or 22.08% up from the average. Advanced Energy Industries, Inc. (NASDAQ:AEIS) has declined 4.98% since April 19, 2017 and is downtrending. It has underperformed by 16.53% the S&P500.

Apg Asset Management Nv decreased its stake in United Technologies Corp (UTX) by 27.54% based on its latest 2017Q4 regulatory filing with the SEC. Apg Asset Management Nv sold 432,331 shares as the company’s stock declined 1.53% with the market. The institutional investor held 1.14M shares of the aerospace company at the end of 2017Q4, valued at $120.82M, down from 1.57 million at the end of the previous reported quarter. Apg Asset Management Nv who had been investing in United Technologies Corp for a number of months, seems to be less bullish one the $99.09B market cap company. The stock decreased 0.76% or $0.95 during the last trading session, reaching $123.85. About 4.56M shares traded. United Technologies Corporation (NYSE:UTX) has risen 12.03% since April 19, 2017 and is uptrending. It has outperformed by 0.48% the S&P500.

Among 10 analysts covering Advanced Energy Industries Inc. (NASDAQ:AEIS), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Advanced Energy Industries Inc. had 24 analyst reports since August 5, 2015 according to SRatingsIntel. The rating was maintained by Dougherty & Company on Wednesday, February 1 with “Buy”. Bank of America downgraded Advanced Energy Industries, Inc. (NASDAQ:AEIS) on Wednesday, April 20 to “Neutral” rating. On Thursday, January 5 the stock rating was upgraded by Needham to “Buy”. The firm has “Sector Weight” rating by Pacific Crest given on Monday, January 4. The firm has “Neutral” rating by Susquehanna given on Tuesday, April 19. As per Thursday, July 28, the company rating was maintained by Dougherty & Company. The stock of Advanced Energy Industries, Inc. (NASDAQ:AEIS) earned “Buy” rating by DA Davidson on Thursday, January 11. Dougherty & Company maintained Advanced Energy Industries, Inc. (NASDAQ:AEIS) rating on Thursday, October 27. Dougherty & Company has “Buy” rating and $53 target. The firm has “Buy” rating given on Thursday, September 17 by Needham. Needham maintained the stock with “Buy” rating in Friday, October 13 report.

Zpr Investment Management, which manages about $201.53 million and $69.34 million US Long portfolio, decreased its stake in Convergys Corp (NYSE:CVG) by 29,905 shares to 28,207 shares, valued at $663,000 in 2017Q4, according to the filing. It also reduced its holding in Spirit Aerosystems Hldgs Inc (NYSE:SPR) by 15,464 shares in the quarter, leaving it with 6,195 shares, and cut its stake in Thor Inds Inc (NYSE:THO).

Investors sentiment increased to 1.19 in 2017 Q4. Its up 0.12, from 1.07 in 2017Q3. It increased, as 30 investors sold AEIS shares while 90 reduced holdings. 45 funds opened positions while 98 raised stakes. 35.96 million shares or 0.05% more from 35.94 million shares in 2017Q3 were reported. Blackrock reported 0.02% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Suntrust Banks has 4,699 shares. Pitcairn owns 3,914 shares for 0.03% of their portfolio. Strs Ohio holds 0.01% in Advanced Energy Industries, Inc. (NASDAQ:AEIS) or 20,100 shares. Jane Street Gru Limited Liability invested 0% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Moreover, Chicago Equity Prtnrs Ltd has 0.05% invested in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Citadel Advisors Ltd Liability Co accumulated 240,656 shares or 0.01% of the stock. Us National Bank & Trust De holds 0% in Advanced Energy Industries, Inc. (NASDAQ:AEIS) or 5,294 shares. Manufacturers Life Insurance The invested 0% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Schwab Charles Mgmt holds 0.01% or 277,523 shares. Quantbot Technology Lp invested in 0.24% or 37,976 shares. Epoch Investment Prtnrs holds 0.02% in Advanced Energy Industries, Inc. (NASDAQ:AEIS) or 68,976 shares. First Quadrant Limited Partnership Ca holds 2,094 shares. Farmers Merchants holds 101 shares or 0% of its portfolio. Tudor Corporation Et Al has invested 0.04% in Advanced Energy Industries, Inc. (NASDAQ:AEIS).

Since October 18, 2017, it had 0 buys, and 1 insider sale for $718,585 activity. On Wednesday, October 18 WASSERMAN YUVAL sold $960,210 worth of Advanced Energy Industries, Inc. (NASDAQ:AEIS) or 10,669 shares.

Since December 13, 2017, it had 0 insider buys, and 5 selling transactions for $1.06 million activity. Amato Elizabeth B sold 4,341 shares worth $546,600.

Apg Asset Management Nv, which manages about $54.67B US Long portfolio, upped its stake in Camden Ppty Tr (NYSE:CPT) by 4,500 shares to 42,538 shares, valued at $3.26 million in 2017Q4, according to the filing. It also increased its holding in Lincoln Elec Hldgs Inc (NASDAQ:LECO) by 32,000 shares in the quarter, for a total of 80,800 shares, and has risen its stake in Avery Dennison Corp (NYSE:AVY).

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 20.50 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.

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. The firm has “Buy” rating given on Monday, August 24 by Jefferies. The stock of United Technologies Corporation (NYSE:UTX) earned “Hold” rating by Argus Research on Thursday, January 26. The stock of United Technologies Corporation (NYSE:UTX) has “Buy” rating given on Monday, January 8 by Jefferies. Argus Research maintained United Technologies Corporation (NYSE:UTX) rating on Thursday, January 28. Argus Research has “Buy” rating and $105 target. RBC Capital Markets downgraded United Technologies Corporation (NYSE:UTX) rating on Tuesday, October 13. RBC Capital Markets has “Sector Perform” rating and $100 target. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, August 10 report. The rating was maintained by Jefferies with “Buy” on Friday, July 7. The stock of United Technologies Corporation (NYSE:UTX) has “Buy” rating given on Monday, August 28 by Jefferies. The firm has “Hold” rating given on Tuesday, October 10 by Cowen & Co. The stock of United Technologies Corporation (NYSE:UTX) earned “Sector Perform” rating by RBC Capital Markets on Thursday, January 12.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.13, from 1.05 in 2017Q3. It fall, 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. Moreover, Hanson & Doremus Invest Mgmt has 0.06% invested in United Technologies Corporation (NYSE:UTX). Wellington Llp owns 13.24M shares. Bridges Investment Counsel accumulated 9,025 shares. 645,804 are held by Glenmede Trust Com Na. Bridgeway Capital Management reported 0.76% in United Technologies Corporation (NYSE:UTX). Adirondack Trust reported 1.92% stake. Bush Odonnell Advsr Inc reported 44,852 shares stake. United Svcs Automobile Association holds 0.36% in United Technologies Corporation (NYSE:UTX) or 1.03 million shares. Rodgers Brothers has invested 0.35% in United Technologies Corporation (NYSE:UTX). Dumont & Blake Advsrs owns 7,176 shares for 0.37% of their portfolio. Franklin Res Inc holds 0.35% or 5.72M shares in its portfolio. 210,623 were accumulated by Vaughan David Invests Il. Sigma Planning holds 0.11% of its portfolio in United Technologies Corporation (NYSE:UTX) for 11,361 shares. Lodestar Counsel Ltd Liability Il stated it has 181,288 shares or 2.67% of all its holdings. Cornercap Invest Counsel holds 25,965 shares or 0.45% of its portfolio.

United Technologies Corporation (NYSE:UTX) Institutional Positions Chart

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