Grisanti Capital Management Raised Position in Oracle (ORCL) as Share Value Rose; United Technologies (UTX) Share Price Rose While Capital Planning Advisors Upped Stake by $1.35 Million

February 24, 2018 - By Michael Collier

Christopher C. Grisanti increased its stake in Oracle Corp (ORCL) by 57.6% based on its latest 2017Q3 regulatory filing with the SEC. Grisanti Capital Management Llc bought 75,000 shares as the company’s stock rose 5.35% with the market. The hedge fund run by Christopher C. Grisanti held 205,210 shares of the prepackaged software company at the end of 2017Q3, valued at $9.92M, up from 130,210 at the end of the previous reported quarter. Grisanti Capital Management Llc who had been investing in Oracle Corp for a number of months, seems to be bullish on the $209.05B market cap company. The stock increased 1.84% or $0.91 during the last trading session, reaching $50.5. About 8.87M shares traded. Oracle Corporation (NYSE:ORCL) has risen 14.08% since February 24, 2017 and is uptrending. It has underperformed by 2.62% the S&P500.




Ken Heebner increased its stake in United Technologies Corp (UTX) by 127.87% based on its latest 2017Q3 regulatory filing with the SEC. Capital Planning Advisors Llc bought 11,643 shares as the company’s stock rose 8.03% with the market. The hedge fund run by Ken Heebner held 20,748 shares of the aerospace company at the end of 2017Q3, valued at $2.41M, up from 9,105 at the end of the previous reported quarter. Capital Planning Advisors Llc who had been investing in United Technologies Corp for a number of months, seems to be bullish on the $106.49 billion market cap company. The stock decreased 0.32% or $0.43 during the last trading session, reaching $133.15. About 4.60 million shares traded or 3.46% up from the average. United Technologies Corporation (NYSE:UTX) has risen 22.99% since February 24, 2017 and is uptrending. It has outperformed by 6.29% the S&P500.

Capital Planning Advisors Llc, which manages about $180.00M and $255.23M US Long portfolio, decreased its stake in Verizon Communications Inc (NYSE:VZ) by 17,910 shares to 20,048 shares, valued at $992,000 in 2017Q3, according to the filing. It also reduced its holding in Alphabet Inc by 508 shares in the quarter, leaving it with 1,445 shares, and cut its stake in Bristol Myers Squibb Co (NYSE:BMY).

Since December 13, 2017, it had 0 insider purchases, and 3 insider sales for $734,561 activity. Another trade for 636 shares valued at $79,088 was sold by Bailey Robert J..

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 80 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, February 9 by Argus Research. The firm earned “Sector Perform” rating on Tuesday, October 13 by RBC Capital Markets. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, January 12. The rating was maintained by Cowen & Co with “Hold” on Tuesday, October 10. Robert W. Baird initiated United Technologies Corporation (NYSE:UTX) rating on Thursday, October 6. Robert W. Baird has “Neutral” rating and $110 target. The stock of United Technologies Corporation (NYSE:UTX) earned “Buy” rating by UBS on Tuesday, January 23. The rating was downgraded by Sterne Agee CRT on Wednesday, January 6 to “Neutral”. The stock of United Technologies Corporation (NYSE:UTX) has “Buy” rating given on Wednesday, July 22 by Argus Research. The firm has “Buy” rating by Cowen & Co given on Monday, August 7. The stock of United Technologies Corporation (NYSE:UTX) has “Hold” rating given on Wednesday, July 22 by Deutsche Bank.

Investors sentiment increased to 1.05 in Q3 2017. Its up 0.10, from 0.95 in 2017Q2. It improved, as 63 investors sold UTX shares while 503 reduced holdings. 111 funds opened positions while 484 raised stakes. 621.08 million shares or 1.52% more from 611.76 million shares in 2017Q2 were reported. Windsor Cap Management Limited reported 2,560 shares. Viking Global Invsts Limited Partnership holds 4.18M shares or 3.14% of its portfolio. Sg Americas Secs Ltd Liability owns 35,109 shares. Lombard Odier Asset Mgmt (Switzerland) reported 3,298 shares. New York-based Lumina Fund Mngmt Limited Company has invested 0.1% in United Technologies Corporation (NYSE:UTX). 168,388 are owned by Foyston Gordon & Payne Incorporated. Folger Nolan Fleming Douglas Cap Mngmt Incorporated accumulated 59,602 shares. Sunbelt Securities Inc holds 0.32% or 2,657 shares. Hanson Mcclain Incorporated owns 549 shares for 0.01% of their portfolio. Geode Mngmt Limited Liability Company holds 0.32% in United Technologies Corporation (NYSE:UTX) or 7.53 million shares. The Missouri-based Duncker Streett has invested 0.64% in United Technologies Corporation (NYSE:UTX). Highvista Strategies Ltd Llc holds 2,700 shares or 0.07% of its portfolio. Ashfield Capital Partners Limited Liability Co owns 15,637 shares for 0.24% of their portfolio. 23,589 were accumulated by Mariner Wealth Advsrs Limited Liability. Acadian Asset Management holds 0.21% of its portfolio in United Technologies Corporation (NYSE:UTX) for 412,280 shares.

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