Mastec (MTZ) Market Valuation Rose While South Street Advisors Has Trimmed Holding by $571,920; Holder Trust Company Of Virginia Upped United Technologies (UTX) Holding

MasTec, Inc. (NYSE:MTZ) Logo

South Street Advisors Llc decreased its stake in Mastec Inc (MTZ) by 15.35% based on its latest 2018Q4 regulatory filing with the SEC. South Street Advisors Llc sold 14,298 shares as the company’s stock rose 3.99% with the market. The institutional investor held 78,852 shares of the basic industries company at the end of 2018Q4, valued at $3.20M, down from 93,150 at the end of the previous reported quarter. South Street Advisors Llc who had been investing in Mastec Inc for a number of months, seems to be less bullish one the $3.89 billion market cap company. The stock decreased 0.65% or $0.34 during the last trading session, reaching $51.93. About 410,684 shares traded. MasTec, Inc. (NYSE:MTZ) has declined 5.00% since April 17, 2018 and is downtrending. It has underperformed by 9.37% the S&P500. Some Historical MTZ News: 30/04/2018 – MASTEC BOOSTS YEAR OUTLOOK FOR FOR ADJ. EBITDA & ADJ. EPS; 30/04/2018 – MASTEC SEES 2Q ADJ EPS ABOUT $1.03, EST. $1.02; 30/04/2018 – MasTec 1Q Rev $1.4B; 30/04/2018 – MasTec Sees 2Q Adj EPS $1.03; 15/05/2018 – Stelliam Investment Management Buys New 1.1% Position in MasTec; 19/04/2018 – DJ MasTec Inc, Inst Holders, 1Q 2018 (MTZ); 29/03/2018 – MASTEC – REPURCHASES WOULD BE FUNDED FROM CASH ON HAND AND AVAILABILITY UNDER COMPANY’S REVOLVING CREDIT FACILITY; 30/04/2018 – MasTec Sees 2018 Rev $6.9B; 30/04/2018 – MASTEC 1Q REV. $1.4B, EST. $1.24B; 30/04/2018 – MASTEC INCREASING 2018 ANNUAL GUIDANCE FOR REV., EPS

Trust Company Of Virginia increased its stake in United Technologies Corp (UTX) by 69.11% based on its latest 2018Q4 regulatory filing with the SEC. Trust Company Of Virginia bought 12,664 shares as the company’s stock rose 2.45% with the market. The institutional investor held 30,988 shares of the aerospace company at the end of 2018Q4, valued at $3.30M, up from 18,324 at the end of the previous reported quarter. Trust Company Of Virginia who had been investing in United Technologies Corp for a number of months, seems to be bullish on the $116.80 billion market cap company. The stock increased 0.08% or $0.11 during the last trading session, reaching $135.45. About 1.62M shares traded. United Technologies Corporation (NYSE:UTX) has declined 3.50% since April 17, 2018 and is downtrending. It has underperformed by 7.87% the S&P500. Some Historical UTX News: 24/04/2018 – United Technologies 1Q Capital Expenditures $337M; 16/03/2018 – United Technologies Keeps Eye on a Breakup; 16/03/2018 – UTX’S MARKS:OTIS GAINING CHINA ELEVATOR EQUIPMENT MARKET SHARE; 27/04/2018 – AVISTA SAYS WA. UTC APPROVES ONE-TIME RATE ADJUSTMENTS; 08/03/2018 – BOEING CEO SAYS SELECTIVE ACQUISITIONS ON SCALE OF POSSIBLE EMBRAER TIE-UP ‘VERY DOABLE’ WITHOUT ALTERING CASH DEPLOYMENT STRATEGY; 17/04/2018 – Expanded Service For Qantas B717 Nacelles: UTC Aerospace Systems Signs 8-Year Nacelle MRO Contract Extension; 19/03/2018 – Boeing Drops Opposition to Merger of United Technologies, Rockwell; 21/05/2018 – United Technologies Presenting at Conference Tomorrow; 01/05/2018 – Otis Launches “Signature Service”; 22/05/2018 – UTX CEO SEES ABOUT $1.2B IN NEGATIVE ENGINE MARGIN IN 2018

Analysts await MasTec, Inc. (NYSE:MTZ) to report earnings on April, 29. They expect $0.52 earnings per share, up 62.50% or $0.20 from last year’s $0.32 per share. MTZ’s profit will be $38.98M for 24.97 P/E if the $0.52 EPS becomes a reality. After $1.03 actual earnings per share reported by MasTec, Inc. for the previous quarter, Wall Street now forecasts -49.51% negative EPS growth.

South Street Advisors Llc, which manages about $326.54M and $283.30 million US Long portfolio, upped its stake in Paypal Holdings Inc by 111,587 shares to 115,954 shares, valued at $9.75 million in 2018Q4, according to the filing.

Investors sentiment decreased to 1.02 in Q4 2018. Its down 0.04, from 1.06 in 2018Q3. It turned negative, as 43 investors sold MTZ shares while 80 reduced holdings. 53 funds opened positions while 72 raised stakes. 62.61 million shares or 0.07% less from 62.65 million shares in 2018Q3 were reported. Clarivest Asset Mngmt Llc invested in 164,199 shares. Texas Permanent School Fund owns 0.03% invested in MasTec, Inc. (NYSE:MTZ) for 41,704 shares. Next Fincl Group Inc invested 0.01% in MasTec, Inc. (NYSE:MTZ). Guggenheim Limited Liability stated it has 19,986 shares or 0.01% of all its holdings. Massmutual Tru Fsb Adv owns 0% invested in MasTec, Inc. (NYSE:MTZ) for 185 shares. Louisiana State Employees Retirement Sys has invested 0.04% in MasTec, Inc. (NYSE:MTZ). Sei Investments has invested 0.03% in MasTec, Inc. (NYSE:MTZ). The Nebraska-based Farmers & Merchants Inc has invested 0% in MasTec, Inc. (NYSE:MTZ). Rothschild Asset Mgmt Us holds 0.42% in MasTec, Inc. (NYSE:MTZ) or 857,058 shares. Northwestern Mutual Wealth Mngmt reported 962 shares. Jennison Associates Limited holds 14,790 shares or 0% of its portfolio. Bnp Paribas Arbitrage accumulated 9,486 shares. Advisory Services Network Limited Liability Corporation has 1,396 shares for 0% of their portfolio. Credit Agricole S A reported 0.37% stake. Retirement Sys Of Alabama reported 183,764 shares.

More notable recent United Technologies Corporation (NYSE:UTX) news were published by: Fool.com which released: “Forget General Electric, United Technologies Is a Better Buy – The Motley Fool” on March 26, 2019, also Fool.com with their article: “Why AAON Stock Soared Nearly 16% in March – The Motley Fool” published on April 07, 2019, Globenewswire.com published: “Investor Expectations to Drive Momentum within United Technologies, Third Point Reinsurance, Consolidated Communications, Covanta Holding, Modine Manufacturing, and ResMed — Discovering Underlying Factors of Influence – GlobeNewswire” on March 27, 2019. More interesting news about United Technologies Corporation (NYSE:UTX) were released by: Foxbusiness.com and their article: “What to Look Out for When Honeywell Reports Earnings – Fox Business” published on April 17, 2019 as well as Streetinsider.com‘s news article titled: “United Technologies (UTX) Unit, Collins Aerospace, Secures Fleetwide Nacelle Maintenance Contract from Air Europa for – StreetInsider.com” with publication date: April 10, 2019.

Investors sentiment increased to 1.26 in 2018 Q4. Its up 0.17, from 1.09 in 2018Q3. It increased, as 79 investors sold UTX shares while 472 reduced holdings. 143 funds opened positions while 549 raised stakes. 668.32 million shares or 6.29% more from 628.79 million shares in 2018Q3 were reported. Prescott Gp Capital Mgmt Ltd Liability Company accumulated 5,400 shares. Boys Arnold & Inc invested 1.57% in United Technologies Corporation (NYSE:UTX). The Alabama-based Buckingham Management Incorporated has invested 0.16% in United Technologies Corporation (NYSE:UTX). First Interstate Bank & Trust owns 6,299 shares for 0.17% of their portfolio. Stillwater Limited holds 2.76% or 103,738 shares. Parsec Mgmt Inc stated it has 1.1% of its portfolio in United Technologies Corporation (NYSE:UTX). Lansdowne Ptnrs (Uk) Ltd Liability Partnership accumulated 688,340 shares. Highstreet Asset Management Inc owns 24,930 shares. Moreover, Newfocus Fincl Limited Company has 0.93% invested in United Technologies Corporation (NYSE:UTX). State Treasurer State Of Michigan holds 0.22% in United Technologies Corporation (NYSE:UTX) or 232,368 shares. Aperio reported 0.27% of its portfolio in United Technologies Corporation (NYSE:UTX). Theleme Prns Limited Liability Partnership has 918,000 shares for 4.94% of their portfolio. Rampart Inv Ltd Limited Liability Company has invested 0.23% in United Technologies Corporation (NYSE:UTX). Athena Ltd Liability Corporation holds 0.03% or 821 shares in its portfolio. Cohen Klingenstein Lc has invested 0.4% in United Technologies Corporation (NYSE:UTX).

Since January 30, 2019, it had 0 buys, and 3 selling transactions for $2.50 million activity. Bailey Robert J. had sold 862 shares worth $104,916 on Tuesday, February 5. 10,089 shares were sold by Amato Elizabeth B, worth $1.25M on Thursday, February 14.

Trust Company Of Virginia, which manages about $682.95 million US Long portfolio, decreased its stake in Vanguard Bd Index Fd Inc (BIV) by 10,119 shares to 14,021 shares, valued at $1.14 million in 2018Q4, according to the filing. It also reduced its holding in Procter And Gamble Co (NYSE:PG) by 4,214 shares in the quarter, leaving it with 129,112 shares, and cut its stake in Dowdupont Inc.

MasTec, Inc. (NYSE:MTZ) Institutional Positions Chart

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