Rhumbline Advisers Has Cut Its United Technologies Com (UTX) Stake as Shares Declined; As Splunk Com (SPLK) Share Price Declined, Pinebridge Investments LP Has Boosted by $696,000 Its Holding

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Rhumbline Advisers decreased its stake in United Technologies Corp Com (UTX) by 1.06% based on its latest 2018Q3 regulatory filing with the SEC. Rhumbline Advisers sold 13,543 shares as the company’s stock declined 10.65% with the market. The institutional investor held 1.26 million shares of the aerospace company at the end of 2018Q3, valued at $176.07M, down from 1.27M at the end of the previous reported quarter. Rhumbline Advisers who had been investing in United Technologies Corp Com for a number of months, seems to be less bullish one the $102.72B market cap company. The stock decreased 0.37% or $0.44 during the last trading session, reaching $118.97. About 3.85M shares traded. United Technologies Corporation (NYSE:UTX) has declined 2.44% since December 11, 2017 and is downtrending. It has underperformed by 2.44% the S&P500. Some Historical UTX News: 06/03/2018 – RadioResource: UTC Asks for NTIA Support on Spectrum for Utilities; 09/05/2018 – Fit For A King: UTC Aerospace Systems Providing Key Power Transmission Components For America’s Most Powerful Helicopter, The S; 10/04/2018 – Intelligence From Every Angle: UTC Aerospace Systems Launches Intelligent Service, Prognostics And Health Management Solution To Improve Dispatch Reliability; 24/04/2018 – United Technologies Raises 2018 View To Adj EPS $6.95-Adj EPS $7.15; 24/04/2018 – UNITED TECHNOLOGIES CORP – RAISES SALES AND ADJUSTED EPS OUTLOOK FOR 2018; 07/03/2018 – U.S. F-35 fighter modernization could cost $16 bln through 2024; 22/05/2018 – UTX CEO SAYS ROCKWELL COLLINS DEAL TO CLOSE IN MONTH OR TWO; 18/05/2018 – United Technologies to Sell Ice Cream-Machine Manufacturer for $1 Billion; 19/03/2018 – UNITED TECHNOLOGIES CORP – “HAYES INTENDS TO CONTINUE TO REMAIN FOCUSED ON EXECUTING UTC’S PRIORITIES FOR YEARS TO COME”; 23/05/2018 – Pratt & Whitney Announces Significant Investment in West Palm Beach Facility

Pinebridge Investments Lp increased its stake in Splunk Inc Com (SPLK) by 12.15% based on its latest 2018Q3 regulatory filing with the SEC. Pinebridge Investments Lp bought 5,800 shares as the company’s stock declined 13.50% with the market. The hedge fund held 53,526 shares of the prepackaged software company at the end of 2018Q3, valued at $6.47 million, up from 47,726 at the end of the previous reported quarter. Pinebridge Investments Lp who had been investing in Splunk Inc Com for a number of months, seems to be bullish on the $15.71 billion market cap company. The stock decreased 1.95% or $2.11 during the last trading session, reaching $106.29. About 2.05M shares traded. Splunk Inc. (NASDAQ:SPLK) has risen 34.57% since December 11, 2017 and is uptrending. It has outperformed by 34.57% the S&P500. Some Historical SPLK News: 24/05/2018 – Splunk Had Seen 2019 Revenue $1.625 Billion; 24/05/2018 – Splunk 1Q Loss $118.5M; 24/05/2018 – SPLUNK 1Q ADJ LOSS/SHR 7C, EST. LOSS/SHR 9C; 04/04/2018 – FTC: 20180928: Splunk Inc.; Phantom Cyber Corporation; 24/05/2018 – Splunk 1Q Rev $311.6M; 05/03/2018 GuidePoint Security Recognized as Recipient of 2018 Splunk Partner+ Awards; 16/05/2018 – tCell Joins Splunk Adaptive Response Initiative; 24/05/2018 – Splunk 1Q Adj Loss/Shr 7c; 24/05/2018 – SPLUNK SEES 2Q REV. $356M TO $358M, EST. $354.8M; 17/04/2018 – Splunk Congratulates FCW Federal 100 Award Winner from U.S. Department of Health and Human Services

Since July 26, 2018, it had 0 insider purchases, and 2 insider sales for $2.41 million activity. 3,428 shares were sold by JOHRI AKHIL, worth $465,591 on Thursday, July 26.

Analysts await United Technologies Corporation (NYSE:UTX) to report earnings on January, 23. They expect $1.54 earnings per share, down 3.75% or $0.06 from last year’s $1.6 per share. UTX’s profit will be $1.33B for 19.31 P/E if the $1.54 EPS becomes a reality. After $1.93 actual earnings per share reported by United Technologies Corporation for the previous quarter, Wall Street now forecasts -20.21% negative EPS growth.

Among 25 analysts covering United Technologies Corporation (NYSE:UTX), 16 have Buy rating, 0 Sell and 9 Hold. Therefore 64% are positive. United Technologies Corporation has $19500 highest and $100 lowest target. $138.60’s average target is 16.50% above currents $118.97 stock price. United Technologies Corporation had 91 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of United Technologies Corporation (NYSE:UTX) has “Hold” rating given on Friday, January 27 by Stifel Nicolaus. Deutsche Bank maintained United Technologies Corporation (NYSE:UTX) on Tuesday, August 25 with “Hold” rating. RBC Capital Markets maintained United Technologies Corporation (NYSE:UTX) rating on Friday, July 7. RBC Capital Markets has “Hold” rating and $12500 target. As per Friday, April 28, the company rating was maintained by Jefferies. The stock of United Technologies Corporation (NYSE:UTX) has “Buy” rating given on Tuesday, July 25 by Cowen & Co. Citigroup maintained United Technologies Corporation (NYSE:UTX) on Wednesday, October 21 with “Buy” rating. The firm has “Buy” rating by Cowen & Co given on Monday, August 7. The firm has “Hold” rating by RBC Capital Markets given on Sunday, October 8. The rating was maintained by Jefferies with “Buy” on Monday, January 8. Stifel Nicolaus maintained it with “Hold” rating and $12600 target in Friday, July 7 report.

More notable recent United Technologies Corporation (NYSE:UTX) news were published by: Marketwatch.com which released: “Dow changes are coming, as United Technologies and DowDuPont head for breakups – MarketWatch” on November 28, 2018, also Seekingalpha.com with their article: “United Technologies: The Bull Case Remains Intact – Seeking Alpha” published on November 22, 2018, Bizjournals.com published: “UTC spin-off company with $18B in revenue to be based in South Florida – South Florida Business Journal” on November 28, 2018. More interesting news about United Technologies Corporation (NYSE:UTX) were released by: Benzinga.com and their article: “United Technologies Is Breaking Itself Up Into 3 Companies (NYSE:UTX) – Benzinga” published on November 27, 2018 as well as Fool.com‘s news article titled: “United Technologies Finally Makes Its Split-Up Plan Official – Motley Fool” with publication date: November 29, 2018.

Rhumbline Advisers, which manages about $34.12B and $51.78B US Long portfolio, upped its stake in Cadence Bancorporation by 20,719 shares to 67,007 shares, valued at $1.75 million in 2018Q3, according to the filing. It also increased its holding in Lemaitre Vascular Inc Com Stk (NASDAQ:LMAT) by 17,800 shares in the quarter, for a total of 78,005 shares, and has risen its stake in Worldpay Inc.

Investors sentiment increased to 1.09 in 2018 Q3. Its up 0.07, from 1.02 in 2018Q2. It is positive, as 31 investors sold UTX shares while 518 reduced holdings. 125 funds opened positions while 474 raised stakes. 628.79 million shares or 0.08% less from 629.27 million shares in 2018Q2 were reported. Intersect Ltd stated it has 0.15% in United Technologies Corporation (NYSE:UTX). Moreover, Pinnacle Wealth Mngmt Advisory Group Lc has 0.48% invested in United Technologies Corporation (NYSE:UTX) for 6,958 shares. Garland Management Inc invested in 40,570 shares. Beck Mack And Oliver Ltd Limited Liability Company has invested 0.11% in United Technologies Corporation (NYSE:UTX). Moreover, Arizona State Retirement Systems has 0.27% invested in United Technologies Corporation (NYSE:UTX). S&Co stated it has 4,200 shares. Convergence Investment Prtnrs Ltd Limited Liability Company owns 0.05% invested in United Technologies Corporation (NYSE:UTX) for 1,792 shares. Hl Fincl Ltd Liability Company invested in 59,265 shares or 0.13% of the stock. Fiduciary Svcs Of The Southwest Inc Tx holds 0.31% or 8,093 shares. Huntington Bancshares, Ohio-based fund reported 348,950 shares. 1.17 million are held by Amer Century Companies Inc. Victory Cap Mgmt holds 0.04% of its portfolio in United Technologies Corporation (NYSE:UTX) for 143,163 shares. Jfs Wealth Limited Co stated it has 1,777 shares. Edgar Lomax Va accumulated 225,587 shares. Miller Invest Mgmt Limited Partnership holds 16,315 shares or 0.69% of its portfolio.

Investors sentiment decreased to 1.28 in Q3 2018. Its down 0.07, from 1.35 in 2018Q2. It dropped, as 32 investors sold SPLK shares while 141 reduced holdings. 94 funds opened positions while 128 raised stakes. 125.54 million shares or 0.80% less from 126.55 million shares in 2018Q2 were reported. First Personal Ser owns 277 shares for 0.01% of their portfolio. Westpac Bk Corp reported 0% of its portfolio in Splunk Inc. (NASDAQ:SPLK). Omers Administration Corp reported 16,500 shares. Geode Cap Ltd Liability holds 0.04% or 1.30 million shares. Fmr Limited Liability Corp owns 1.16M shares. Guernsey-based Bluecrest Cap Mngmt Limited has invested 0.02% in Splunk Inc. (NASDAQ:SPLK). Synovus Finance accumulated 22,077 shares or 0.04% of the stock. 25,426 are held by Gofen Glossberg Ltd Liability Il. The West Virginia-based Wesbanco Bank & Trust has invested 0.32% in Splunk Inc. (NASDAQ:SPLK). 473,545 are owned by Sumitomo Mitsui Asset Management. Glenmede Tru Na invested 0% in Splunk Inc. (NASDAQ:SPLK). Aristeia Lc accumulated 0.47% or 90,400 shares. Pnc Service Grp invested in 47,457 shares or 0.01% of the stock. Twin Tree Management LP accumulated 628 shares. Los Angeles Cap And Equity Rech reported 0.19% stake.

Among 48 analysts covering Splunk Inc (NASDAQ:SPLK), 39 have Buy rating, 1 Sell and 8 Hold. Therefore 81% are positive. Splunk Inc had 216 analyst reports since August 24, 2015 according to SRatingsIntel. The firm has “Buy” rating by Argus Research given on Thursday, March 8. As per Friday, May 27, the company rating was maintained by Citigroup. The firm has “Buy” rating given on Friday, August 24 by Stifel Nicolaus. The stock of Splunk Inc. (NASDAQ:SPLK) earned “Buy” rating by Jefferies on Friday, March 2. Stifel Nicolaus upgraded the shares of SPLK in report on Friday, March 2 to “Buy” rating. The stock of Splunk Inc. (NASDAQ:SPLK) has “Buy” rating given on Friday, March 2 by MUFG Securities Americas Inc. Robert W. Baird maintained the shares of SPLK in report on Friday, August 26 with “Outperform” rating. Northland Capital maintained Splunk Inc. (NASDAQ:SPLK) rating on Friday, March 2. Northland Capital has “Buy” rating and $110.0 target. The company was maintained on Friday, November 17 by Deutsche Bank. Citigroup maintained it with “Neutral” rating and $65 target in Friday, August 26 report.

Pinebridge Investments Lp, which manages about $38.23 billion and $5.29 billion US Long portfolio, decreased its stake in Kapstone Paper & Packaging C Com (NYSE:KS) by 13,569 shares to 109,729 shares, valued at $3.72 million in 2018Q3, according to the filing. It also reduced its holding in Angiodynamics Inc Com (NASDAQ:ANGO) by 24,235 shares in the quarter, leaving it with 51,737 shares, and cut its stake in Leidos Hldgs Inc Com (NYSE:LDOS).

Splunk Inc. (NASDAQ:SPLK) Institutional Positions Chart

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