Kiltearn Partners Llp Decreased Its Stake in Citigroup INC (C)

May 3, 2018 - By Mark Williams

Citigroup Inc. (NYSE:C) Corporate LogoDuring 2017 Q4 the big money sentiment decreased to 1.07. That’s change of 0.28, from 2017Q3’s 1.35. 58 investors sold all, 480 reduced holdings as C ratio dropped. 450 increased stakes while 123 funds acquired stakes. Funds hold 1.99 billion shares thus 2.45% less from 2017Q3’s 2.04 billion shares. Ironwood Mngmt Ltd Com holds 0.16% of its capital in Citigroup Inc. (NYSE:C) for 3,000 shs. Stone Ridge Asset Mngmt Ltd Llc reported 3,710 shs. Washington Bank & Trust accumulated 21,210 shs. Hilltop reported 20,505 shs. Us Bank & Trust De reported 0.12% in Citigroup Inc. (NYSE:C). Moreover, Voloridge Management Ltd Co has 0.36% invested in Citigroup Inc. (NYSE:C). Amer Natl Bank reported 853 shs. Birmingham Company Al has 0.55% invested in Citigroup Inc. (NYSE:C). Fort Point Capital Prtnrs Ltd Liability Com has 0.15% invested in Citigroup Inc. (NYSE:C) for 4,350 shs. Lazard Asset Mgmt Limited Com accumulated 9.06 million shs. Arizona State Retirement has 0.51% invested in Citigroup Inc. (NYSE:C). Schmidt P J Mgmt stated it has 0.86% in Citigroup Inc. (NYSE:C). Boston Prns has 2.1% invested in Citigroup Inc. (NYSE:C). Menora Mivtachim owns 3.44% invested in Citigroup Inc. (NYSE:C) for 1.20 million shs. Lombard Odier Asset Mgmt (Switzerland), a Switzerland-based fund reported 12,711 shs.

C had 6 sales and 0 insider purchases since February 27, 2018. This’s net activity of $4.97 million. On Tuesday, February 27 8,010 shs were sold by Hu W. Bradford, worth $611,804. On Tuesday, February 27 the insider MURRAY JOSEPH MICHAEL sold $263,126. The insider Gerspach John C sold 7,000 shs worth $542,920. Forese James A. sold $500,666 worth of Citigroup Inc. (NYSE:C) or 6,466 shs on Tuesday, February 27. On Wednesday, February 28 Callahan Don had sold 7,000 shs worth $536,410.

According to 2017Q4 SEC filling the Kiltearn Partners Llp decreased its holdings in Citigroup Inc (C) by 6.22%. The company’s stock declined 9.55% with the market as Kiltearn Partners Llp sold 275,360 shares. The institutional investor is holding 4.15M shares, compared to the 4.42 million from the previous quarter. And the announced value of the major banks company is $308.72 million for the 2017Q4. $173.37 billion is Citigroup Inc’s MC. C hit $67.99 during the last trading session after $0.26 change.Citigroup Inc. has volume of 15.29M shares. Since May 3, 2017 C has risen 17.06% and is uptrending. C outperformed the S&P500 by 5.51%.

The Kiltearn Partners Llp’s stake in Invesco Ltd (NYSE:IVZ) was increased by 145,800 shares to 5.95M shares valued at $217.38 million in 2017Q4, according to the filing. It manages about $3.16B and $4.00B US Long portfolio. For a total of 3.14M shares it increased its holding in Cvs Health Corp (NYSE:CVS) by 1.07M shares in the quarter, and has risen its stake in Harley Davidson Inc (NYSE:HOG).

Citigroup Inc. (NYSE:C)’s quarterly earnings will be reported on July, 13., according to RTT. Analysts predict $1.58 EPS. That’s $0.31 up or 24.41 % from 2017’s earnings of $1.27. If $1.58 is reported, C’s profit will hit $4.03 billion for 10.76 P/E. After $1.68 EPS report last quarter, Wall Street now predicts -5.95 % negative EPS growth of Citigroup Inc..

Citigroup Inc. (NYSE:C) Ratings Coverage

Total analysts of 15 have positions in Citigroup (NYSE:C) as follows: 10 rated it a “Buy”, 0 with “Sell” and 5 with “Hold”. The positive are 67%. The firm has $100.0 highest while $7400 is the lowest target price. The average target $83 is 22.08% above the last ($67.99) price. Since November 9, 2017 according to StockzIntelligence Inc Citigroup has 24 analyst reports. In Wednesday, February 7 report DZ Bank upgraded the stock to “Buy” rating. On Wednesday, April 4 the stock has “Hold” rating by Keefe Bruyette & Woods. On Thursday, December 21 Keefe Bruyette & Woods maintained Citigroup Inc. (NYSE:C) with “Buy” rating. In Friday, February 2 report Morgan Stanley maintained the stock with “Overweight” rating. On Monday, March 26 the firm earned “Buy” rating by Oppenheimer. The stock rating was maintained by Morgan Stanley with “Overweight” on Monday, April 30. On Friday, April 6 the stock has “Buy” rating by Vining Sparks. On Tuesday, January 16 the rating was maintained by Jefferies with “Hold”. On Tuesday, January 16 Sandler O’Neill maintained the shares of C in report with “Buy” rating. On Thursday, April 5 the stock has “Buy” rating by UBS.

Citigroup Inc. (NYSE:C) Institutional Investors Chart

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