The shares of United Technologies Corporation (NYSE:UTX) has been pegged with a rating of Sector Perform by RBC Capital Mkts in its latest research note that was published on January 4th, 2019. RBC Capital Mkts wasn’t the only research firm that published a report of United Technologies Corporation, with other equities research analysts also giving their opinion on the stock. Citigroup advised investors in its research note published on January 3rd, 2019, to Neutral the UTX stock while also putting a $120 price target. The stock had earned Neutral rating from Robert W. Baird when it published its report on September 20th, 2018. That day the Robert W. Baird set price target on the stock to $167. The stock was given Overweight rating by Morgan Stanley in its report released on June 15th, 2018, the day when the price target on the stock was placed at $160. Barclays was of a view that UTX is Overweight in its latest report on February 15th, 2018 while giving it a price target of $157. Argus thinks that UTX is worth Buy rating. This was contained in the firm’s report on February 9th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 8 believe it has the potential for further growth, thus rating it as Hold while 7 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $139.76. The price of the stock the last time has raised by 22.13% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 65.30.
The shares of the company added by 0.19% during the trading session on Monday, reaching a low of $121.51 while ending the day at $122.72. During the trading session, a total of 3.83 million shares were traded which represents a 37.85% incline from the average session volume which is 6.17M shares. UTX had ended its last session trading at 122.49. United Technologies Corporation currently has a market cap of $104.42B, while its P/E ratio stands at 16.51, while its P/E earnings growth sits at 1.57, with a beta of 1.17. United Technologies Corporation debt-to-equity ratio currently stands at 1.18, while its quick ratio hovers at 0.80. UTX 52-week low price stands at $100.48 while its 52-week high price is $144.15.
The company in its last quarterly report recorded $1.95 earnings per share which is above the $1.53 predicted by most analysts. The United Technologies Corporation generated $18,044.00 million in revenue during the last quarter, which is slightly higher than the $16,909.90 million predicted by analysts. In the second quarter last year, the firm recorded $1.93 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 1.03%. United Technologies Corporation has the potential to record 7.44 EPS for the current fiscal year, according to equities analysts.
Investment analysts at JP Morgan published a research note on January 2nd, 2019 where it informed investors and clients that Aflac Incorporated (NYSE:AFL) is now rated as Neutral. Citigroup also rated AFL as Resumed on January 3rd, 2019, with its price target of $17 suggesting that AFL could down by -2.4% from its current share price. Even though the stock has been trading at $48.18/share, analysts expect it to surge higher by 0.19% to reach $47.14/share. It started the day trading at $48.36 and traded between $47.83 and $48.27 throughout the trading session.
A look at its technical shows that AFL’s 50-day SMA is 45.74 while its 200-day SMA stands at 45.35. The stock has a high of $48.59 for the year while the low is $41.41. The company’s P/E ratio currently sits at 12.74, while the P/B ratio is 1.59. The company’s average trading volume currently stands at 3.95M shares, which means that the short-interest ratio is just 3.38 days. Over the past seven days, the company moved, with its shift of 0.52%. Looking further, the stock has raised 7.12% over the past 90 days while it gained 3.23% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more AFL shares, increasing its portfolio by +0.77% during the last quarter. This move now sees The Vanguard Group Inc purchasing 499,963 shares in the last quarter, thus it now holds 65,542,997 shares of AFL, with a total valuation of $2,986,138,943. SSgA Funds Management Inc meanwhile bought more AFL shares in the recently filed quarter, changing its stake to $1,889,132,780 worth of shares. BlackRock Fund Advisors followed the path by increasing its AFL portfolio by +0.21% in the quarter. This means that BlackRock Fund Advisors bought 75,942 shares in the last quarter and now controls 35,419,979 shares of the AFL stock, with the valuation hitting $1,613,734,243.
Similarly, AQR Capital Management LLC decreased its Aflac Incorporated shares by -14.57% during the recently filed quarter. After selling -1,985,487 shares in the last quarter, the firm now controls 11,642,472 shares of Aflac Incorporated which are valued at $530,431,024. In the same vein, Fidelity Management Research Co decreased its Aflac Incorporated shares by during the most recent reported quarter. The firm sold -1,250,623 shares during the quarter which decreased its stakes to 11,283,967 shares and is now valued at $514,097,537. Following these latest developments, around 0.10% of Aflac Incorporated stocks are owned by institutional investors and hedge funds.