Ontario Teachers Pension Plan Board Has Lowered Its Holding in Intercontinental Exchange In (ICE) by $2.45 Million as Share Price Rose; United Technologies (Put) (UTX) Stake Has Raised by Berkley W R Corp

September 14, 2018 - By Matt Emery

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Ontario Teachers Pension Plan Board decreased its stake in Intercontinental Exchange In (ICE) by 39.57% based on its latest 2018Q2 regulatory filing with the SEC. Ontario Teachers Pension Plan Board sold 33,628 shares as the company’s stock rose 1.95% with the market. The institutional investor held 51,350 shares of the investment bankers and brokers and service company at the end of 2018Q2, valued at $3.78M, down from 84,978 at the end of the previous reported quarter. Ontario Teachers Pension Plan Board who had been investing in Intercontinental Exchange In for a number of months, seems to be less bullish one the $44.70B market cap company. The stock increased 0.77% or $0.595 during the last trading session, reaching $77.955. About 953,453 shares traded. Intercontinental Exchange, Inc. (NYSE:ICE) has risen 14.99% since September 14, 2017 and is uptrending. It has underperformed by 0.63% the S&P500. Some Historical ICE News: 03/05/2018 – Intercontinental Exchange 1Q EPS 79c; 30/04/2018 – ICE BENCHMARK NOW EU AUTHORISED BENCHMARK ADMINISTRATOR; 05/04/2018 – Intercontinental Exchange Sees No Material Financial Impact From Deal; 22/03/2018 – FACTBOX-Shanghai exchange plans China’s first crude oil futures; 29/05/2018 – ICE FUTURES U.S.- COTTON FUTURES DAILY PRICE LIMIT EXPANDS TO 5 CENTS PER POUND EFFECTIVE WITH START OF TRADING FOR WEDNESDAY; 12/03/2018 – MOODY’S: CLEARING OPERATIONS UNDERPIN CME AND ICE CREDITWORTHINESS; 22/05/2018 – INTERCONTINENTAL EXCHANGE SAYS JOHN TUTTLE PROMOTED TO COO OF NYSE GROUP; 22/05/2018 – NYSE Parent Intercontinental Exchange Details Transition and Separation Agreement With NYSE Outgoing Leader Thomas Farley; 21/03/2018 – @IamNomad Worth it, though. $ICE is doing well; 27/03/2018 – Cboe plans Aug. 20 launch of disputed market close order type

Berkley W R Corp increased its stake in United Technologies Corp (Put) (UTX) by 32.54% based on its latest 2018Q2 regulatory filing with the SEC. Berkley W R Corp bought 5,500 shares as the company’s stock rose 5.48% with the market. The institutional investor held 22,400 shares of the aerospace company at the end of 2018Q2, valued at $2.80M, up from 16,900 at the end of the previous reported quarter. Berkley W R Corp who had been investing in United Technologies Corp (Put) for a number of months, seems to be bullish on the $110.27 billion market cap company. The stock increased 1.70% or $2.3 during the last trading session, reaching $137.82. About 4.23 million shares traded or 12.88% up from the average. United Technologies Corporation (NYSE:UTX) has risen 21.87% since September 14, 2017 and is uptrending. It has outperformed by 6.25% the S&P500. Some Historical UTX News: 12/04/2018 – UTC AEROSPACE SYSTEMS SAYS BEEN SELECTED BY GKN AEROSPACE’S FOKKER BUSINESS; 22/05/2018 – SERITAGE GROWTH PROPERTIES – CO, INVESCO REAL ESTATE ANNOUNCE PARTNERSHIP TO OWN COLLECTION AT UTC IN LA JOLLA, CALIFORNIA; 24/04/2018 – UNITED TECHNOLOGIES CORP – RAISES SALES AND ADJUSTED EPS OUTLOOK FOR 2018; 19/03/2018 – United Tech CEO plans exit after Rockwell integration – Bloomberg; 22/05/2018 – UTX CEO:INVESTMENT CASE FOR DUAL-SOURCE ENGINE `MORE DIFFICULT’; 04/05/2018 – EC Commission Approves Acquisition of Rockwell Collins by UTC, Subject to Conditions; 23/05/2018 – United Tech: Most Job Openings Will Result From Retirements, Normal Turnover; 22/05/2018 – UTX CEO SAYS ROCKWELL COLLINS DEAL TO CLOSE IN MONTH OR TWO; 16/03/2018 – “Mad Money” host Jim Cramer hears from United Technologies CEO Greg Hayes about the potential for a breakup of his massive industrial company; 19/03/2018 – Boeing Drops Opposition to Merger of United Technologies, Rockwell

Another recent and important Intercontinental Exchange, Inc. (NYSE:ICE) news was published by Twst.com which published an article titled: “ICE – IntercontinentalExchange Inc.: NYSE Regulation: ING Financial Markets to Pay $5 Million to Settle Charges” on September 06, 2018.

Analysts await Intercontinental Exchange, Inc. (NYSE:ICE) to report earnings on November, 1. They expect $0.82 EPS, up 13.89% or $0.10 from last year’s $0.72 per share. ICE’s profit will be $470.22 million for 23.77 P/E if the $0.82 EPS becomes a reality. After $0.90 actual EPS reported by Intercontinental Exchange, Inc. for the previous quarter, Wall Street now forecasts -8.89% negative EPS growth.

Ontario Teachers Pension Plan Board, which manages about $7.21B US Long portfolio, upped its stake in Bank N S Halifax (NYSE:BNS) by 20,577 shares to 256,111 shares, valued at $14.50M in 2018Q2, according to the filing. It also increased its holding in Align Technology Inc (NASDAQ:ALGN) by 5,286 shares in the quarter, for a total of 16,079 shares, and has risen its stake in Carter Inc (NYSE:CRI).

Investors sentiment increased to 0.92 in 2018 Q2. Its up 0.05, from 0.87 in 2018Q1. It is positive, as 34 investors sold ICE shares while 248 reduced holdings. 59 funds opened positions while 201 raised stakes. 476.15 million shares or 2.04% less from 486.05 million shares in 2018Q1 were reported. Amica Mutual Insur invested in 19,198 shares or 0.17% of the stock. Capital International Investors stated it has 1.14% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE). Suntrust Banks holds 0.02% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE) for 58,109 shares. 4,625 are held by Fiduciary Trust Co. Zeke Ltd holds 10,947 shares. Moreover, Davenport & Ltd Com has 0% invested in Intercontinental Exchange, Inc. (NYSE:ICE). Oregon Pub Employees Retirement Fund owns 62,867 shares. Canandaigua Retail Bank And Tru has 7,504 shares for 0.11% of their portfolio. Howard Cap holds 147,142 shares. Winslow Capital Mngmt Lc holds 1.69% or 4.39M shares. Mutual Of America Ltd Liability Com owns 74,609 shares. Metropolitan Life Ins has invested 0% in Intercontinental Exchange, Inc. (NYSE:ICE). Federated Investors Incorporated Pa reported 0% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE). Green Square Cap Limited Company invested 0.11% of its portfolio in Intercontinental Exchange, Inc. (NYSE:ICE). Rampart Investment Mgmt Limited Liability holds 0.04% or 5,946 shares.

Among 22 analysts covering Intercontinental Exchange (NYSE:ICE), 19 have Buy rating, 0 Sell and 3 Hold. Therefore 86% are positive. Intercontinental Exchange had 73 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by Citigroup on Friday, November 3 with “Neutral”. Barclays Capital maintained Intercontinental Exchange, Inc. (NYSE:ICE) rating on Thursday, August 4. Barclays Capital has “Overweight” rating and $295 target. The company was upgraded on Thursday, July 13 by RBC Capital Markets. Keefe Bruyette & Woods maintained Intercontinental Exchange, Inc. (NYSE:ICE) on Thursday, February 8 with “Buy” rating. The firm has “Sector Perform” rating given on Friday, March 31 by RBC Capital Markets. The firm has “Buy” rating by Deutsche Bank given on Friday, January 8. The rating was maintained by RBC Capital Markets with “Buy” on Monday, October 16. The rating was upgraded by JP Morgan to “Neutral” on Wednesday, June 1. The stock of Intercontinental Exchange, Inc. (NYSE:ICE) has “Buy” rating given on Monday, August 14 by RBC Capital Markets. The rating was maintained by Deutsche Bank with “Buy” on Friday, April 6.

More news for United Technologies Corporation (NYSE:UTX) were recently published by: Streetinsider.com, which released: “United Technologies (UTX) Charged With Violating FCPA” on September 12, 2018. Seekingalpha.com‘s article titled: “United Technologies Corp.: The Underappreciated Value Of Complementarity” and published on August 23, 2018 is yet another important article.

Investors sentiment increased to 1.02 in 2018 Q2. Its up 0.08, from 0.94 in 2018Q1. It improved, as 57 investors sold UTX shares while 515 reduced holdings. 106 funds opened positions while 477 raised stakes. 629.27 million shares or 0.22% less from 630.65 million shares in 2018Q1 were reported. American Century Companies holds 1.31 million shares or 0.16% of its portfolio. Telos Capital Mngmt holds 22,793 shares. Renaissance Gru Llc holds 0.23% or 4,513 shares. Compton Capital Mgmt Ri, Rhode Island-based fund reported 16,288 shares. 993,992 were accumulated by Tiaa Cref Mgmt Limited Liability Corp. Bartlett & Communications Ltd Liability Co owns 392,244 shares. Manufacturers Life Ins Com The has invested 0.58% in United Technologies Corporation (NYSE:UTX). Tompkins Fin reported 3,206 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh accumulated 0.42% or 53,374 shares. Arizona-based Arizona State Retirement has invested 0.25% in United Technologies Corporation (NYSE:UTX). Parametric Ltd Llc reported 0.29% stake. Teacher Retirement Of Texas owns 171,360 shares for 0.14% of their portfolio. Security Financial Bank Of So Dak holds 12,423 shares or 1.81% of its portfolio. Regal Inv Advsrs Ltd reported 15,046 shares. Schmidt P J Mngmt, a Wisconsin-based fund reported 9,219 shares.

Among 24 analysts covering United Technologies Corporation (NYSE:UTX), 15 have Buy rating, 0 Sell and 9 Hold. Therefore 63% are positive. United Technologies Corporation had 89 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Friday, January 5 by Robert W. Baird. The stock of United Technologies Corporation (NYSE:UTX) earned “Buy” rating by UBS on Monday, September 19. As per Thursday, April 27, the company rating was maintained by RBC Capital Markets. Atlantic Securities downgraded the stock to “Neutral” rating in Wednesday, July 22 report. The rating was downgraded by Argus Research to “Hold” on Thursday, January 26. The firm has “Hold” rating by Cowen & Co given on Monday, January 22. On Wednesday, July 22 the stock rating was maintained by Argus Research with “Buy”. Deutsche Bank maintained it with “Hold” rating and $120 target in Wednesday, September 6 report. Stifel Nicolaus maintained United Technologies Corporation (NYSE:UTX) on Thursday, January 25 with “Hold” rating. Deutsche Bank downgraded United Technologies Corporation (NYSE:UTX) on Wednesday, July 22 to “Hold” rating.

Berkley W R Corp, which manages about $611.91M US Long portfolio, decreased its stake in Healthequity Inc (NASDAQ:HQY) by 1.80M shares to 2.31 million shares, valued at $173.24M in 2018Q2, according to the filing.

United Technologies Corporation (NYSE:UTX) Institutional Positions Chart

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