American Water Works (AWK) Shareholder Bluestein R H & Company Has Lowered Position by $2.36 Million as Stock Price Rose; United Technologies (UTX) Holder Aviva Plc Has Cut Stake

December 7, 2017 - By Adrian Mccoy

Aviva Plc decreased its stake in United Technologies Corp (UTX) by 3.52% based on its latest 2017Q2 regulatory filing with the SEC. Aviva Plc sold 26,455 shares as the company’s stock rose 8.03% with the market. The institutional investor held 725,192 shares of the aerospace company at the end of 2017Q2, valued at $88.58M, down from 751,647 at the end of the previous reported quarter. Aviva Plc who had been investing in United Technologies Corp for a number of months, seems to be less bullish one the $96.79B market cap company. The stock increased 0.76% or $0.91 during the last trading session, reaching $121.2. About 2.61M shares traded. United Technologies Corporation (NYSE:UTX) has risen 22.99% since December 7, 2016 and is uptrending. It has outperformed by 6.29% the S&P500.

Bluestein R H & Company decreased its stake in American Water Works (AWK) by 6.49% based on its latest 2017Q2 regulatory filing with the SEC. Bluestein R H & Company sold 30,607 shares as the company’s stock rose 2.78% with the market. The hedge fund held 440,921 shares of the water supply company at the end of 2017Q2, valued at $34.37 million, down from 471,528 at the end of the previous reported quarter. Bluestein R H & Company who had been investing in American Water Works for a number of months, seems to be less bullish one the $16.22 billion market cap company. The stock increased 0.31% or $0.28 during the last trading session, reaching $90.94. About 536,134 shares traded. American Water Works Company, Inc. (NYSE:AWK) has risen 3.35% since December 7, 2016 and is uptrending. It has underperformed by 13.35% the S&P500.




Analysts await American Water Works Company, Inc. (NYSE:AWK) to report earnings on February, 20. They expect $0.65 EPS, up 14.04% or $0.08 from last year’s $0.57 per share. AWK’s profit will be $115.94M for 34.98 P/E if the $0.65 EPS becomes a reality. After $1.08 actual EPS reported by American Water Works Company, Inc. for the previous quarter, Wall Street now forecasts -39.81% negative EPS growth.

Bluestein R H & Company, which manages about $2.94 billion and $1.73B US Long portfolio, upped its stake in Lockheed Martin Corp (NYSE:LMT) by 4,212 shares to 203,397 shares, valued at $56.47 million in 2017Q2, according to the filing. It also increased its holding in Astrazeneca Plc Sp Adr (NYSE:AZN) by 18,100 shares in the quarter, for a total of 59,350 shares, and has risen its stake in Caterpillar Inc (NYSE:CAT).

Among 11 analysts covering American Water Works (NYSE:AWK), 3 have Buy rating, 0 Sell and 8 Hold. Therefore 27% are positive. American Water Works had 24 analyst reports since October 15, 2015 according to SRatingsIntel. As per Wednesday, April 26, the company rating was downgraded by Robert W. Baird. The rating was downgraded by Boenning & Scattergood to “Neutral” on Monday, June 6. Janney Capital downgraded American Water Works Company, Inc. (NYSE:AWK) on Friday, February 26 to “Neutral” rating. As per Friday, May 6, the company rating was maintained by Barclays Capital. The firm earned “Outperform” rating on Friday, October 14 by Robert W. Baird. On Wednesday, March 15 the stock rating was downgraded by HSBC to “Hold”. The firm has “Neutral” rating by Robert W. Baird given on Wednesday, March 2. The firm has “Neutral” rating given on Friday, November 3 by Janney Capital. The company was initiated on Thursday, May 25 by Northcoast. The firm has “Hold” rating given on Thursday, August 3 by Boenning & Scattergood.

Investors sentiment increased to 1 in Q2 2017. Its up 0.13, from 0.87 in 2017Q1. It increased, as 42 investors sold AWK shares while 200 reduced holdings. 58 funds opened positions while 183 raised stakes. 140.00 million shares or 0.25% less from 140.35 million shares in 2017Q1 were reported. The California-based Lpl Finance Ltd Liability Co has invested 0.02% in American Water Works Company, Inc. (NYSE:AWK). Tradewinds Capital Management owns 233 shares. State Of Wisconsin Board reported 0.02% of its portfolio in American Water Works Company, Inc. (NYSE:AWK). Putnam Limited Com owns 0.04% invested in American Water Works Company, Inc. (NYSE:AWK) for 218,287 shares. Fifth Third Bancshares stated it has 0% in American Water Works Company, Inc. (NYSE:AWK). Bank & Trust Of Hawaii holds 5,385 shares or 0.04% of its portfolio. Oppenheimer & Inc has invested 0.02% of its portfolio in American Water Works Company, Inc. (NYSE:AWK). Jane Street Group Ltd Llc holds 0.01% of its portfolio in American Water Works Company, Inc. (NYSE:AWK) for 29,535 shares. Robecosam Ag holds 1.13% or 172,725 shares. Principal Fincl Grp Inc Inc invested in 522,269 shares. Cleararc has 0.06% invested in American Water Works Company, Inc. (NYSE:AWK) for 4,392 shares. 27,772 were reported by Strategy Asset Managers Ltd Liability Corporation. Usca Ria Ltd Llc holds 0.03% in American Water Works Company, Inc. (NYSE:AWK) or 3,267 shares. The Quebec – Canada-based Sector Pension Invest Board has invested 0.01% in American Water Works Company, Inc. (NYSE:AWK). Comerica Bancorp holds 50,769 shares.

More important recent American Water Works Company, Inc. (NYSE:AWK) news were published by: Nasdaq.com which released: “American Water Unit Acquires Georgetown Water for $6.4M” on November 20, 2017, also Seekingalpha.com published article titled: “‘Keys To Success’ American Water Works’ Rise To The Top”, Nasdaq.com published: “American Water Works Company, Inc. Reports 4% Advance In Q3 Bottom Line” on November 01, 2017. More interesting news about American Water Works Company, Inc. (NYSE:AWK) was released by: Twst.com and their article: “American Water Works Co. Inc.: American Water to Host 2018 Earnings Guidance …” with publication date: November 27, 2017.

Among 21 analysts covering United Technologies Corporation (NYSE:UTX), 7 have Buy rating, 0 Sell and 14 Hold. Therefore 33% are positive. United Technologies Corporation had 67 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $126.0 target in Sunday, October 8 report. Cowen & Co maintained the shares of UTX in report on Tuesday, July 25 with “Buy” rating. The stock of United Technologies Corporation (NYSE:UTX) earned “Hold” rating by Liberum Capital on Tuesday, December 1. As per Wednesday, September 6, the company rating was maintained by Deutsche Bank. The stock of United Technologies Corporation (NYSE:UTX) has “Equalweight” rating given on Wednesday, July 27 by Barclays Capital. The firm earned “Buy” rating on Monday, August 24 by Jefferies. Atlantic Securities downgraded United Technologies Corporation (NYSE:UTX) on Wednesday, July 22 to “Neutral” rating. The stock has “Hold” rating by Argus Research on Thursday, January 26. The firm has “Neutral” rating given on Monday, May 2 by Goldman Sachs. On Friday, November 10 the stock rating was maintained by RBC Capital Markets with “Hold”.

Analysts await United Technologies Corporation (NYSE:UTX) to report earnings on January, 24. They expect $1.56 earnings per share, 0.00% or $0.00 from last year’s $1.56 per share. UTX’s profit will be $1.25 billion for 19.42 P/E if the $1.56 EPS becomes a reality. After $1.73 actual earnings per share reported by United Technologies Corporation for the previous quarter, Wall Street now forecasts -9.83% negative EPS growth.

Investors sentiment decreased to 0.95 in Q2 2017. Its down 0.03, from 0.98 in 2017Q1. It dropped, as 39 investors sold UTX shares while 553 reduced holdings. 112 funds opened positions while 451 raised stakes. 611.76 million shares or 0.92% less from 617.43 million shares in 2017Q1 were reported. Yhb Advsrs Inc owns 90,170 shares. Vantage Investment Ltd Liability Com stated it has 1.18% of its portfolio in United Technologies Corporation (NYSE:UTX). Richard Bernstein Advisors Limited Liability has invested 0.48% of its portfolio in United Technologies Corporation (NYSE:UTX). Dorsey & Whitney Llc accumulated 7,943 shares. 13,483 were accumulated by Advisor Prtn Limited Liability. Deprince Race Zollo holds 0.54% or 214,218 shares in its portfolio. The Texas-based Salient Advsr Limited Liability Corp has invested 0.01% in United Technologies Corporation (NYSE:UTX). Barnett Co Inc holds 0.04% or 729 shares. Regent Investment Mgmt Lc, Kentucky-based fund reported 7,355 shares. Pettyjohn Wood And White holds 46,790 shares or 2.12% of its portfolio. 9,172 were reported by Ami Inv. Waldron LP owns 3,767 shares or 0.15% of their US portfolio. Commonwealth Of Pennsylvania School Empls Retrmt accumulated 55,359 shares. First Financial In has 0.46% invested in United Technologies Corporation (NYSE:UTX). Endurance Wealth Mngmt Incorporated has 15,126 shares for 0.31% of their portfolio.

Aviva Plc, which manages about $17.89B US Long portfolio, upped its stake in Alibaba Group Hldg Ltd (NYSE:BABA) by 6,185 shares to 216,785 shares, valued at $30.55 million in 2017Q2, according to the filing. It also increased its holding in Hp Inc by 652,171 shares in the quarter, for a total of 1.71 million shares, and has risen its stake in Stryker Corp (NYSE:SYK).

More recent United Technologies Corporation (NYSE:UTX) news were published by: Prnewswire.com which released: “Paul Eremenko Joins United Technologies Corporation as Chief Technology Officer” on November 30, 2017. Also Nasdaq.com published the news titled: “United Technologies Corporation (UTX) Ex-Dividend Date Scheduled for November …” on November 15, 2017. Fool.com‘s news article titled: “What to Expect From United Technologies in 2018” with publication date: December 04, 2017 was also an interesting one.

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