Superior Industries International, Inc. (SUP) Forms $15.70 Double Bottom; Patten Group Has Cut United Technologies (UTX) Position

Patten Group Inc decreased United Technologies Corp (UTX) stake by 19.46% reported in 2017Q3 SEC filing. Patten Group Inc sold 5,678 shares as United Technologies Corp (UTX)’s stock rose 8.03%. The Patten Group Inc holds 23,500 shares with $3.28 million value, down from 29,178 last quarter. United Technologies Corp now has $101.60 billion valuation. The stock decreased 0.06% or $0.08 during the last trading session, reaching $127.23. About 1.60M shares traded. United Technologies Corporation (NYSE:UTX) has risen 22.99% since December 23, 2016 and is uptrending. It has outperformed by 6.29% the S&P500.

Superior Industries International, Inc. (SUP) formed double bottom with $14.92 target or 5.00% below today’s $15.70 share price. Superior Industries International, Inc. (SUP) has $391.05M valuation. The stock decreased 2.48% or $0.4 during the last trading session, reaching $15.7. About 93,071 shares traded. Superior Industries International, Inc. (NYSE:SUP) has declined 26.98% since December 23, 2016 and is downtrending. It has underperformed by 43.68% the S&P500.

Analysts await United Technologies Corporation (NYSE:UTX) to report earnings on January, 24. They expect $1.56 EPS, 0.00% or $0.00 from last year’s $1.56 per share. UTX’s profit will be $1.25 billion for 20.39 P/E if the $1.56 EPS becomes a reality. After $1.73 actual EPS reported by United Technologies Corporation for the previous quarter, Wall Street now forecasts -9.83% negative EPS growth.

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. The rating was maintained by RBC Capital Markets on Sunday, October 8 with “Hold”. As per Monday, September 19, the company rating was maintained by UBS. As per Friday, July 7, the company rating was maintained by RBC Capital Markets. Jefferies maintained it with “Buy” rating and $13200 target in Tuesday, May 30 report. The rating was upgraded by Atlantic Securities to “Overweight” on Tuesday, December 5. The firm has “Buy” rating by Jefferies given on Friday, July 7. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, January 12. The stock of United Technologies Corporation (NYSE:UTX) earned “Hold” rating by RBC Capital Markets on Friday, November 10. The stock has “Neutral” rating by CItigroup on Monday, October 10. The stock of United Technologies Corporation (NYSE:UTX) earned “Hold” rating by Deutsche Bank on Wednesday, July 22.

Since December 13, 2017, it had 0 insider purchases, and 3 selling transactions for $734,561 activity. Another trade for 864 shares valued at $108,873 was sold by Bailey Robert J.. 4,341 United Technologies Corporation (NYSE:UTX) shares with value of $546,600 were sold by Amato Elizabeth B.

Patten Group Inc increased Pimco Intermediate Municipal Bd Actv Etf (MUNI) stake by 18,765 shares to 28,065 valued at $500,000 in 2017Q3. It also upped First Republic Bank (NYSE:FRC) stake by 152,668 shares and now owns 190,664 shares. Praxair Inc (NYSE:PX) was raised too.

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. Fcg Advsr Ltd Limited Liability Company stated it has 2,274 shares. M Securities Inc owns 45,700 shares or 1.67% of their US portfolio. Moreover, Bahl & Gaynor Inc has 0.5% invested in United Technologies Corporation (NYSE:UTX) for 395,836 shares. 6,795 are owned by Congress Asset Management Ma. Wealth Architects Limited Liability Company reported 4,196 shares. Cambridge Trust holds 14,429 shares or 0.11% of its portfolio. Verity & Verity Ltd Liability Corp reported 73,030 shares or 2.47% of all its holdings. Ngam Advisors Ltd Partnership stated it has 0.21% of its portfolio in United Technologies Corporation (NYSE:UTX). Mai Cap owns 0.1% invested in United Technologies Corporation (NYSE:UTX) for 13,731 shares. Renaissance Limited Liability Company has invested 0.27% in United Technologies Corporation (NYSE:UTX). Sg Americas Secs Lc holds 0.04% or 35,109 shares in its portfolio. Benedict Advisors reported 1.41% in United Technologies Corporation (NYSE:UTX). Livforsakringsbolaget Skandia Omsesidigt reported 0.69% stake. Highlander Cap Mngmt Ltd Limited Liability Company invested in 0.08% or 862 shares. The Massachusetts-based Factory Mutual Communications has invested 0.79% in United Technologies Corporation (NYSE:UTX).

Since August 16, 2017, it had 0 insider buys, and 1 insider sale for $10,665 activity. The insider KAKAR PARVEEN sold $10,665.

Among 6 analysts covering Superior Ind (NYSE:SUP), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 33% are positive. Superior Ind had 11 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Tuesday, August 15 by Buckingham Research. The rating was maintained by FBR Capital with “Buy” on Monday, November 13. The firm has “Neutral” rating by Sidoti given on Wednesday, July 13. On Tuesday, March 8 the stock rating was downgraded by Buckingham Research to “Neutral”. BWS Financial initiated it with “Buy” rating and $30 target in Thursday, April 21 report. As per Tuesday, August 9, the company rating was initiated by Seaport Global. Buckingham Research upgraded Superior Industries International, Inc. (NYSE:SUP) on Thursday, August 6 to “Buy” rating. The stock has “Neutral” rating by B. Riley & Co on Tuesday, March 8. The firm has “Hold” rating by Zacks given on Friday, August 7. The rating was maintained by FBR Capital on Tuesday, August 8 with “Outperform”.

Investors sentiment increased to 1.29 in 2017 Q3. Its up 0.09, from 1.2 in 2017Q2. It improved, as 20 investors sold Superior Industries International, Inc. shares while 31 reduced holdings. 18 funds opened positions while 48 raised stakes. 20.49 million shares or 1.62% more from 20.17 million shares in 2017Q2 were reported. Baker Ellis Asset Ltd Limited Liability Company owns 0.06% invested in Superior Industries International, Inc. (NYSE:SUP) for 14,500 shares. Royal Commercial Bank Of Canada owns 35,696 shares. Legal & General Public Limited Company invested in 42,640 shares. Prudential Public Ltd Llc owns 0.05% invested in Superior Industries International, Inc. (NYSE:SUP) for 920,600 shares. California State Teachers Retirement Systems holds 0% in Superior Industries International, Inc. (NYSE:SUP) or 39,724 shares. California Pub Employees Retirement Sys invested in 50,567 shares. Us Savings Bank De stated it has 0% in Superior Industries International, Inc. (NYSE:SUP). Gabelli Funds Limited Com invested in 0.05% or 541,000 shares. Dc invested 0.55% in Superior Industries International, Inc. (NYSE:SUP). Amer Interest Grp holds 0% or 19,329 shares in its portfolio. Gsa Cap Partners Ltd Liability Partnership has 84,192 shares for 0.1% of their portfolio. Manufacturers Life Insurance The reported 19,987 shares. Lsv Asset Mngmt invested in 11,800 shares. State Street Corporation invested in 0% or 682,326 shares. State Board Of Administration Of Florida Retirement reported 16,095 shares.

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