United Technologies (UTX) Shareholder Monetary Management Group Has Upped Its Stake by $891,685 as Share Price Declined; Leggett & Platt (LEG) Market Valuation Declined While Regal Investment Advisors Lifted Its Holding

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Regal Investment Advisors Llc increased its stake in Leggett & Platt Inc (LEG) by 63.57% based on its latest 2018Q3 regulatory filing with the SEC. Regal Investment Advisors Llc bought 8,836 shares as the company’s stock declined 18.35% with the market. The institutional investor held 22,736 shares of the consumer durables company at the end of 2018Q3, valued at $996,000, up from 13,900 at the end of the previous reported quarter. Regal Investment Advisors Llc who had been investing in Leggett & Platt Inc for a number of months, seems to be bullish on the $5.03 billion market cap company. The stock increased 0.50% or $0.19 during the last trading session, reaching $38.53. About 280,491 shares traded. Leggett & Platt, Incorporated (NYSE:LEG) has declined 18.35% since January 14, 2018 and is downtrending. It has underperformed by 18.35% the S&P500. Some Historical LEG News: 26/04/2018 – LEGGETT & PLATT SEES FY EPS $2.60 TO $2.60, EST. $2.76; 26/04/2018 – CORRECT: LEGGETT & PLATT SEES FY EPS $2.60 TO $2.80, EST. $2.76; 09/03/2018 Leggett & Platt Volume Rises More Than Triple 20 Day Average; 26/04/2018 – LEGGETT & PLATT INC – 2018 EPS GUIDANCE LOWERED TO $2.60 TO $2.80; 19/04/2018 – Leggett & Platt Closes Below 50-Day Moving Average: Technicals; 26/04/2018 – LEGGETT & PLATT INC LEG.N FY2018 REV VIEW $4.25 BLN — THOMSON REUTERS l/B/E/S; 14/05/2018 – Epoch Investment Partners Buys 2.3% Position in Leggett & Platt; 26/04/2018 – LEGGETT & PLATT INC – RAW MATERIAL-RELATED PRICE INCREASES AND CURRENCY IMPACT SHOULD ALSO CONTRIBUTE TO SALES GROWTH IN 2018; 26/04/2018 – Leggett & Platt Had Seen 2018 Sales $4.2B-$4.3B; 15/05/2018 – LEGGETT BOOSTS QTR DIV/SHR TO 38C FROM 36C, EST. 37C

Monetary Management Group Inc increased its stake in United Technologies (UTX) by 60.95% based on its latest 2018Q3 regulatory filing with the SEC. Monetary Management Group Inc bought 6,415 shares as the company’s stock declined 10.65% with the market. The institutional investor held 16,940 shares of the aerospace company at the end of 2018Q3, valued at $2.37 million, up from 10,525 at the end of the previous reported quarter. Monetary Management Group Inc who had been investing in United Technologies for a number of months, seems to be bullish on the $95.75B market cap company. The stock increased 0.86% or $0.95 during the last trading session, reaching $110.9. About 1.64M shares traded. United Technologies Corporation (NYSE:UTX) has declined 2.44% since January 14, 2018 and is downtrending. It has underperformed by 2.44% the S&P500. Some Historical UTX News: 12/03/2018 – Boeing, Caterpillar and United Technologies fell more than 2 percent; 20/03/2018 – PRATT & WHITNEY SAID TO SHIP SPARE ENGINES FOR GROUNDED INDIGO JETS WITHIN 40 DAYS – ET NOW CITING AGENCIES; 08/03/2018 – BOEING CEO SAYS PRIORITIES FOR CASH REMAIN ORGANIC INVESTMENT, RETURN TO SHAREHOLDERS FOLLOWED BY M&A; 22/05/2018 – UTX CEO SEES ABOUT $1.2B IN NEGATIVE ENGINE MARGIN IN 2018; 03/04/2018 – Amazon finishes higher despite Trump’s new threat on shipping rates; 02/05/2018 – UTX, GE: An A320 of Viva aerobus with problems in Merida. – ! $UTX $GE; 11/04/2018 – Pratt & Whitney Grows Geared Turbofan™ Engine Repair Supplier Network; 04/04/2018 – Powered by Pratt & Whitney, Wider√łe Celebrates Delivery of First Embraer E190-E2 Aircraft; 17/04/2018 – UTC AEROSPACE SYSTEMS – ANNOUNCED 8-YEAR CONTRACT EXTENSION WITH QANTAS AIRLINES TO PROVIDE BR715 ENGINE NACELLE ASSET SUPPORT AND REPAIR SERVICES; 10/04/2018 – TRIUMPH GROUP INC – GRAND PRAIRIE, TX BASED PRODUCT SUPPORT BUSINESS EXTENDED AGREEMENT WITH PRATT & WHITNEY FOR ENGINE LINE REPLACEABLE UNIT REPAIRS

More notable recent Leggett & Platt, Incorporated (NYSE:LEG) news were published by: Fool.com which released: “Here’s What Caused Tandem Diabetes Stock to Gain a Jaw-Dropping 1,509% in 2018 – Motley Fool” on January 08, 2019, also Seekingalpha.com with their article: “Should I Add Home Depot At These Levels? – Seeking Alpha” published on December 07, 2018, Seekingalpha.com published: “The Next Energy Leg – Seeking Alpha” on December 26, 2018. More interesting news about Leggett & Platt, Incorporated (NYSE:LEG) were released by: Seekingalpha.com and their article: “Can China Drive 3M’s Next Dividend Growth Leg? – Seeking Alpha” published on September 14, 2018 as well as Fool.com‘s news article titled: “Leggett & Platt Inc (LEG) Q3 2018 Earnings Conference Call Transcript – The Motley Fool” with publication date: October 26, 2018.

Regal Investment Advisors Llc, which manages about $657.66M and $475.01 million US Long portfolio, decreased its stake in First Tr Exchange Traded Fd (FDN) by 11,061 shares to 15,539 shares, valued at $2.20 million in 2018Q3, according to the filing. It also reduced its holding in Ishares Tr (USMV) by 15,915 shares in the quarter, leaving it with 19,666 shares, and cut its stake in First Tr Exchange Traded Fd (FXO).

Among 10 analysts covering Leggett & Platt (NYSE:LEG), 8 have Buy rating, 0 Sell and 2 Hold. Therefore 80% are positive. Leggett & Platt had 24 analyst reports since August 5, 2015 according to SRatingsIntel. Raymond James downgraded it to “Outperform” rating and $44 target in Monday, October 29 report. Hilliard Lyons downgraded the stock to “Underperform” rating in Friday, July 29 report. Zacks downgraded the stock to “Buy” rating in Wednesday, August 5 report. On Friday, July 28 the stock rating was maintained by Stifel Nicolaus with “Hold”. Suntrust Robinson upgraded the stock to “Buy” rating in Friday, September 22 report. Stifel Nicolaus maintained it with “Hold” rating and $45.0 target in Wednesday, September 6 report. The stock of Leggett & Platt, Incorporated (NYSE:LEG) earned “Buy” rating by Piper Jaffray on Thursday, July 13. The stock of Leggett & Platt, Incorporated (NYSE:LEG) earned “Buy” rating by Piper Jaffray on Wednesday, October 11. Piper Jaffray maintained the stock with “Buy” rating in Monday, August 14 report. The firm has “Long-Term Buy” rating given on Monday, July 24 by Hilliard Lyons.

Since August 23, 2018, it had 0 insider purchases, and 1 sale for $720,912 activity.

Investors sentiment decreased to 1.06 in 2018 Q3. Its down 0.02, from 1.08 in 2018Q2. It dropped, as 31 investors sold LEG shares while 130 reduced holdings. 56 funds opened positions while 115 raised stakes. 96.05 million shares or 2.35% less from 98.36 million shares in 2018Q2 were reported. San Francisco Sentry Gp (Ca) has invested 0.06% in Leggett & Platt, Incorporated (NYSE:LEG). Parkside Bankshares Tru invested in 97 shares or 0% of the stock. 12,253 were accumulated by Pacific Invest Management. Banque Pictet & Cie Sa reported 14,500 shares. Whittier Tru Communication Of Nevada, Nevada-based fund reported 20,989 shares. Hl Lc owns 6,449 shares. Thompson Rubinstein Investment Mngmt Or has 0.07% invested in Leggett & Platt, Incorporated (NYSE:LEG) for 5,500 shares. Barclays Public Limited Co holds 291,550 shares or 0.01% of its portfolio. Qs Lc holds 0% or 1,403 shares in its portfolio. Aperio Group Limited Liability Com stated it has 0.01% in Leggett & Platt, Incorporated (NYSE:LEG). 42,662 are held by Gulf Intl Bancshares (Uk) Limited. Union Bancorp reported 0.74% stake. Gradient Invs Limited Co has 359 shares. Dekabank Deutsche Girozentrale invested 0.01% in Leggett & Platt, Incorporated (NYSE:LEG). Cibc Asset Mngmt Inc invested in 0% or 12,508 shares.

Among 25 analysts covering United Technologies Corporation (NYSE:UTX), 15 have Buy rating, 0 Sell and 10 Hold. Therefore 60% are positive. United Technologies Corporation had 95 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained United Technologies Corporation (NYSE:UTX) rating on Monday, August 28. Jefferies has “Buy” rating and $139.0 target. The company was maintained on Friday, April 6 by RBC Capital Markets. RBC Capital Markets maintained it with “Sector Perform” rating and $118 target in Thursday, January 12 report. Cowen & Co maintained the shares of UTX in report on Tuesday, October 10 with “Hold” rating. As per Monday, January 8, the company rating was maintained by Jefferies. The stock has “Hold” rating by RBC Capital Markets on Sunday, October 8. On Monday, October 10 the stock rating was downgraded by Citigroup to “Neutral”. The firm has “Neutral” rating by Sterne Agee CRT given on Wednesday, January 6. The rating was upgraded by RBC Capital Markets to “Buy” on Wednesday, January 3. The rating was maintained by Stifel Nicolaus on Thursday, February 15 with “Hold”.

Monetary Management Group Inc, which manages about $313.72 million and $261.83M US Long portfolio, decreased its stake in Abbvie Inc. (NYSE:ABBV) by 5,810 shares to 35,965 shares, valued at $3.40M in 2018Q3, according to the filing. It also reduced its holding in Eastman Chem Co (NYSE:EMN) by 19,830 shares in the quarter, leaving it with 25,450 shares, and cut its stake in Broadcom Inc.

Investors sentiment increased to 1.09 in 2018 Q3. Its up 0.07, from 1.02 in 2018Q2. It improved, 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. Convergence Partners Limited Liability owns 1,792 shares. Becker Mgmt Inc owns 14,010 shares for 0.06% of their portfolio. Deutsche Retail Bank Ag holds 0.71% or 7.38M shares in its portfolio. Union Bancorp owns 1.56% invested in United Technologies Corporation (NYSE:UTX) for 36,987 shares. Moreover, Northside Capital Limited Liability has 0.18% invested in United Technologies Corporation (NYSE:UTX). Moreover, Aull And Monroe Inv Management Corporation has 1.42% invested in United Technologies Corporation (NYSE:UTX) for 21,015 shares. Univest Of Pennsylvania, a Pennsylvania-based fund reported 24,131 shares. Manufacturers Life The reported 3.41 million shares. Harbour Invest Management Limited Liability holds 1.8% or 17,637 shares. Hl Serv Limited Liability reported 0.13% stake. Illinois-based Barbara Oil has invested 0.66% in United Technologies Corporation (NYSE:UTX). White Pine Inv has invested 2.82% in United Technologies Corporation (NYSE:UTX). Teachers Retirement Systems Of The State Of Kentucky accumulated 213,000 shares. Duff & Phelps Inv Com invested 0.02% of its portfolio in United Technologies Corporation (NYSE:UTX). Waddell & Reed Financial invested in 1.49M shares or 0.46% of the stock.

United Technologies Corporation (NYSE:UTX) Institutional Positions Chart

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