As United Technologies (UTX) Market Value Rose, Ing Groep Nv Has Decreased Its Stake by $15.87 Million; Luminus Management Position in Noble Energy (NBL) Has Trimmed as Stock Declined

Noble Energy, Inc. (NYSE:NBL) Logo

Luminus Management Llc decreased its stake in Noble Energy Inc (NBL) by 90.61% based on its latest 2018Q4 regulatory filing with the SEC. Luminus Management Llc sold 434,400 shares as the company’s stock declined 1.79% while stock markets rallied. The hedge fund held 45,000 shares of the oil & gas production company at the end of 2018Q4, valued at $844,000, down from 479,400 at the end of the previous reported quarter. Luminus Management Llc who had been investing in Noble Energy Inc for a number of months, seems to be less bullish one the $10.74B market cap company. The stock decreased 0.22% or $0.05 during the last trading session, reaching $22.42. About 2.07 million shares traded. Noble Energy, Inc. (NYSE:NBL) has declined 21.36% since March 14, 2018 and is downtrending. It has underperformed by 25.73% the S&P500. Some Historical NBL News: 10/05/2018 – EPIC Midstream: Noble Will Have Option to Buy Up to 30% of Equity in EPIC Crude Oil Pipeline and Up to 15% of EPIC NGL Pipeline; 06/03/2018 – NOBLE ENERGY PARTNERS ENTERS INTO AGREEMENT TO PURCHASE TEXAS PIPELINES; 10/05/2018 – Noble Energy Operates Alen Field With 45% Working Interest; 10/05/2018 – NOBLE ENERGY-EXISTING PRODUCTION,PROCESSING FACILITIES IN PLACE AT ALEN PLATFORM,IN PUNTA EUROPA REQUIRE ONLY MINOR CHANGES TO PRODUCE,PROCESS ALEN GAS; 23/04/2018 – Noble Energy Raises Dividend to 11c; 10/05/2018 – NOBLE ESTIMATES INCREMENTAL 600B CF GROSS NATURAL GAS EQUIV; 01/05/2018 – Noble Energy 1Q Net $554M; 23/04/2018 – NOBLE ENERGY INC NBL.N SETS QUARTERLY CASH DIVIDEND OF $0.11/SHR; 21/04/2018 – DJ Noble Energy Inc, Inst Holders, 1Q 2018 (NBL); 21/05/2018 – NOBLE ENERGY INC NBL.N : UBS RAISES TARGET PRICE TO $42 FROM $40

Ing Groep Nv decreased its stake in United Technologies Corp (UTX) by 56.47% based on its latest 2018Q4 regulatory filing with the SEC. Ing Groep Nv sold 149,688 shares as the company’s stock rose 2.45% with the market. The institutional investor held 115,381 shares of the aerospace company at the end of 2018Q4, valued at $12.29 million, down from 265,069 at the end of the previous reported quarter. Ing Groep Nv who had been investing in United Technologies Corp for a number of months, seems to be less bullish one the $108.68B market cap company. The stock decreased 0.48% or $0.61 during the last trading session, reaching $126.03. About 1.49 million shares traded. United Technologies Corporation (NYSE:UTX) has declined 3.50% since March 14, 2018 and is downtrending. It has underperformed by 7.87% the S&P500. Some Historical UTX News: 24/04/2018 – UNITED TECHNOLOGIES UTX.N EXPECTS TO MEET PRATT ENGINE DELIVERIES TO AIRBUS FOR FULL YEAR-CFO; 08/03/2018 – BOEING CEO SAYS CONTINUES TO EVALUATE ALL PARTS OF EMBRAER, STUDYING VARIOUS CORPORATE STRUCTURES; 19/03/2018 – UTX CEO DETAILS FUTURE PLANS IN INTERVIEW; 22/05/2018 – SERITAGE GROWTH PROPERTIES – CO, INVESCO REAL ESTATE ANNOUNCE PARTNERSHIP TO OWN COLLECTION AT UTC IN LA JOLLA, CALIFORNIA; 04/05/2018 – United Tech Committed to Maintaining Constructive Dialogue With Shareowners Representing All Points of View; 09/05/2018 – RadioResource: UTC Asks Energy Regulator to Meet with FCC on Spectrum Policies; 23/05/2018 – United Technologies to Invest More Than $15B in R&D, CapEx in U.S. Over Next Five Years; 04/05/2018 – New York Post: Dan Loeb wants United Technologies to break apart; 08/03/2018 – BOEING CEO SAYS ENGINE MAKERS ARE AN AREA TO WATCH, BUT NO IMMEDIATE CONCERN; GE GE.N DOING WELL ON 737 MAX, 777X; 09/05/2018 – Otis Launches Gen2 MRL for High-Rise Market

Analysts await Noble Energy, Inc. (NYSE:NBL) to report earnings on May, 7. They expect $-0.02 EPS, down 105.71% or $0.37 from last year’s $0.35 per share. After $0.12 actual EPS reported by Noble Energy, Inc. for the previous quarter, Wall Street now forecasts -116.67% negative EPS growth.

Investors sentiment increased to 0.99 in Q4 2018. Its up 0.21, from 0.78 in 2018Q3. It is positive, as 68 investors sold NBL shares while 129 reduced holdings. 53 funds opened positions while 143 raised stakes. 461.33 million shares or 0.86% less from 465.33 million shares in 2018Q3 were reported. Adage Prtn Ltd owns 15.85 million shares for 0.82% of their portfolio. 10,063 were reported by Tower Rech Cap Ltd Liability Corporation (Trc). Employees Retirement System Of Texas owns 14,000 shares or 0% of their US portfolio. Harding Loevner Lp invested in 0% or 1,600 shares. 1,326 are held by Sun Life. Stevens Capital Mngmt Lp has 232,514 shares. Cibc World Corporation has invested 0.01% in Noble Energy, Inc. (NYSE:NBL). First Manhattan Company invested in 0.01% or 67,900 shares. Yorktown And Research Co Inc, a Virginia-based fund reported 26,500 shares. Freestone Capital Hldgs Ltd Liability holds 0.02% or 15,832 shares. Covington Management accumulated 1,000 shares. Sumitomo Mitsui Asset Mngmt Ltd reported 32,827 shares. 8,821 were reported by Ameritas Inv Prtn Incorporated. Umb Fincl Bank N A Mo has invested 0.01% in Noble Energy, Inc. (NYSE:NBL). Exane Derivatives stated it has 0% of its portfolio in Noble Energy, Inc. (NYSE:NBL).

More notable recent Noble Energy, Inc. (NYSE:NBL) news were published by: Streetinsider.com which released: “Noble Energy (NBL) PT Lowered to $26 at Barclays – StreetInsider.com” on March 06, 2019, also 247Wallst.com with their article: “Friday’s Biggest Winners and Losers in the S&P 500 – 24/7 Wall St.” published on March 08, 2019, Seekingalpha.com published: “Noble Energy Q4 2018 Earnings Preview – Seeking Alpha” on February 18, 2019. More interesting news about Noble Energy, Inc. (NYSE:NBL) were released by: Investorplace.com and their article: “NBL Broke Below Up-Trending Support and Could Head Lower – Investorplace.com” published on March 11, 2019 as well as Benzinga.com‘s news article titled: “Earnings Scheduled For February 19, 2019 – Benzinga” with publication date: February 19, 2019.

Luminus Management Llc, which manages about $3.51B and $4.94B US Long portfolio, upped its stake in Commercial Metals Co (NYSE:CMC) by 1.70 million shares to 2.34 million shares, valued at $37.50 million in 2018Q4, according to the filing. It also increased its holding in Turquoise Hill Resources Ltd (NYSE:TRQ) by 12.92M shares in the quarter, for a total of 17.66 million shares, and has risen its stake in Cabot Oil & Gas Corp (Call) (NYSE:COG).

Since February 1, 2019, it had 0 insider purchases, and 1 insider sale for $379,150 activity.

Analysts await United Technologies Corporation (NYSE:UTX) to report earnings on April, 23. They expect $1.78 EPS, up 0.56% or $0.01 from last year’s $1.77 per share. UTX’s profit will be $1.53B for 17.70 P/E if the $1.78 EPS becomes a reality. After $1.95 actual EPS reported by United Technologies Corporation for the previous quarter, Wall Street now forecasts -8.72% negative EPS growth.

More notable recent United Technologies Corporation (NYSE:UTX) news were published by: Benzinga.com which released: “RBC Upgrades Honeywell (NYSE:HON), Downgrades United Technologies (NYSE:UTX) – Benzinga” on January 04, 2019, also Wallstreetpr.com with their article: “Excitement Builds in the Global Conglomerate Space (MMM, IVST, UTX) – WallStreetPR” published on March 14, 2019, Globenewswire.com published: “New Research: Key Drivers of Growth for United Technologies, Southern, Intuit, Cohen & Steers, Briggs & Stratton, and Watts Water Technologies — Factors of Influence, Major Initiatives and Sustained Production – GlobeNewswire” on February 27, 2019. More interesting news about United Technologies Corporation (NYSE:UTX) were released by: Gurufocus.com and their article: “Daniel Loeb Parts Ways With United Technologies in 4th Quarter – GuruFocus.com” published on February 12, 2019 as well as Fool.com‘s news article titled: “This Billionaire Hedge Fund Manager Says the United Technologies Split Doesn’t Go Far Enough – The Motley Fool” with publication date: February 27, 2019.

Since January 30, 2019, it had 0 insider purchases, and 3 insider sales for $2.50 million activity. 9,620 United Technologies Corporation (NYSE:UTX) shares with value of $1.15 million were sold by Dumais Michael R. 862 shares valued at $104,916 were sold by Bailey Robert J. on Tuesday, February 5.

Ing Groep Nv, which manages about $5.88B and $4.62B US Long portfolio, upped its stake in Alphabet Inc Cap Stk by 30,349 shares to 99,344 shares, valued at $103.81 million in 2018Q4, according to the filing. It also increased its holding in Varian Med Sys Inc (NYSE:VAR) by 7,592 shares in the quarter, for a total of 10,596 shares, and has risen its stake in Hcp Inc (NYSE:HCP).

United Technologies Corporation (NYSE:UTX) Institutional Positions Chart