Citigroup Inc (NYSE:C) Big Money Sentiment Change at 1.07

May 16, 2018 - By Kristin Houston

Citigroup Inc. (NYSE:C) Corporate Logo

Citigroup Inc’s Sentiment

In Q4 2017 Citigroup Inc (NYSE:C) big money sentiment decreased to 1.07, SEC filings reveal. So its down -0.28, from 2017Q3’s 1.35. 573 hedge funds started new and increased holdings, while 538 cut down and sold their stakes in Citigroup Inc so the sentiment is negative. These funds own 1.99 billion shares, that’s down from 2.04 billion shares in 2017Q3. Funds holding Citigroup Inc in top 10 changed to 143 from 168 for a decrease of 25. In total 58 funds closed positions, 480 reduced and 450 increased. Also 123 funds bought new Citigroup Inc stakes.

Most Citigroup Inc Investors

Oldfield Partners Llp owns 2.97 million shares in Citigroup Inc as of Q4 2017. As of Q4 2017, 11.62 million shares of Citigroup Inc are owned by Greenhaven Associates Inc. Moreover, Academy Capital Management Inc Tx reported 543,386 shares in Citigroup Inc equivalent to 11.17% of its equity exposure. The New York-based fund Tegean Capital Management Llc have invested about 11.01% of the fund’s stock portfolio in Citigroup Inc. The Texas-based fund Paragon Associates & Paragon Associates Ii Joint Venture holds 175,000 shares or 10.83% of their equity exposure.

Citigroup Inc., a diversified financial services holding company, provides various financial services and products for consumers, firms, governments, and institutions worldwide.The firm is valued at $183.47 billion. The firm operates through two divisions, Citicorp and Citi Holdings.Last it reported negative earnings. The Citicorp segment offers traditional banking services to retail clients through retail banking, commercial banking, Citi-branded cards, and Citi retail services.

The stock decreased 1.00% or $0.73 during the last trading session, hitting $71.95.Citigroup Inc. has volume of 11.60M shares. Since May 16, 2017 C has risen 17.06% and is uptrending. C outperformed by 5.51% the S&P 500.

On July, 13 is expected Citigroup Inc. (NYSE:C)’s earnings report, as reported by Faxor. This year’s earnings per share analyst estimate is expected to be $1.57. That is 23.62 % up compareed to $1.27 earnings per share for last year. This could be $4.00B profit for C assuming the current $1.57 earnings per share will become reality. Wall Street now predicts -6.55 % negative EPS growth despite Citigroup Inc. previous quarter’s EPS of $1.68.

Parkwood Ltd Liability Corp reported 2,736 shs. Graham Capital Ltd Partnership stated it has 13,816 shs or 0.03% of all its holdings. 152,504 were accumulated by Eubel Brady And Suttman Asset Mngmt. Matarin Cap Mgmt Limited Liability Corp invested in 67,539 shs. Alpha Cubed Invs Ltd Limited Liability Company holds 0.08% of its capital in Citigroup Inc. (NYSE:C) for 8,114 shs. Bluefin Trading Ltd Liability Company has invested 0.43% of its capital in Citigroup Inc. (NYSE:C). Nomura Asset Management invested in 764,979 shs. Axa accumulated 0.24% or 834,576 shs. Hexavest stated it has 816,207 shs. State Of New Jersey Common Pension Fund D stated it has 0.81% in Citigroup Inc. (NYSE:C). State Street Corp invested in 0.73% or 122.36 million shs. 832 were accumulated by Edinburgh Ptnrs Ltd. Twin Mgmt holds 1.36% or 371,570 shs. Spears Abacus Advsr Limited Liability Company invested in 4.11% or 453,322 shs. Nomura Hldgs Incorporated invested 0.05% of its capital in Citigroup Inc. (NYSE:C).

Citigroup Inc. registered $4.97 million net activity with 0 insider buys and 6 sales since February 27, 2018. On Tuesday, February 27 Shares for $263,126 were sold by MURRAY JOSEPH MICHAEL. On Tuesday, February 27 $500,666 worth of Citigroup Inc. (NYSE:C) was sold by Forese James A.. Another trade for 8,010 shs valued at $611,804 was made by Hu W. Bradford on Tuesday, February 27. The insider Gerspach John C sold $542,920. On Tuesday, February 27 Fraser Jane Nind sold $2.51 million worth of Citigroup Inc. (NYSE:C) or 32,400 shs.

Citigroup Inc. (NYSE:C) Ratings Coverage

In total 14 analysts cover Citigroup (NYSE:C). “Buy” rating has 9, “Sell” are 0, while 5 are “Hold”. (NYSE:C) has 64% bullish analysts. 22 are the (NYSE:C)’s ratings reports on 16 May 2018 according to StockzIntelligence Inc. On Tuesday, January 16 the rating was downgraded by Keefe Bruyette & Woods to “Hold”. On Wednesday, January 17 the firm earned “Hold” rating by Vertical Group. On Monday, April 30 the firm has “Overweight” rating given by Morgan Stanley. On Thursday, December 21 the rating was maintained by Keefe Bruyette & Woods with “Buy”. On Wednesday, January 17 the rating was downgraded by Wood to “Market Perform”. On Monday, March 26 the stock has “Buy” rating by Oppenheimer. On Tuesday, January 16 the rating was maintained by Sandler O’Neill with “Buy”. On Tuesday, January 16 the rating was maintained by Jefferies with “Hold”. On Tuesday, December 12 the rating was maintained by Keefe Bruyette & Woods with “Buy”. On Wednesday, December 20 Wells Fargo maintained Citigroup Inc. (NYSE:C) rating. Wells Fargo has “Buy” rating and $95.0 target.

For more Citigroup Inc. (NYSE:C) news posted briefly go to: Seekingalpha.com, Themiddlemarket.com, Bizjournals.com, Themiddlemarket.com or Benzinga.com. The titles are as follows: “Citigroup: Buy Now” posted on May 01, 2018, “M&A daily wrap: NFL’s Carolina Panthers, Cam Newton, David Tepper, Appaloosa, Brynwood, Chicago Pacific Founders” on May 16, 2018, “Moody’s likes the upward financial trend at this Lakeland pharmacy benefits manager” with a publish date: May 16, 2018, “M&A daily wrap: NFL’s Carolina Panthers, Cam Newton, David Tepper, Appaloosa, Brynwood Partners” and the last “JPMorgan, HSBC, Citigroup, Early Warning Execs Talk Fintech Collaboration” with publication date: May 15, 2018.

Citigroup Inc. (NYSE:C) Institutional Investors Chart

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