Citigroup INC (C) Shareholder Mufg Americas Holdings Corp Increased Stake

June 27, 2018 - By Nicole Mills

Citigroup Inc. (NYSE:C) Corporate LogoBig Money Sentiment decreased to 0.89 in Q1 2018. It has change of 0.18, from 2017Q4’s 1.07. The ratio dived due to C positioning: 89 sold and 499 reduced. 114 funds acquired positions and 412 increased positions. Investors holded 1.99 billion in 2017Q4 but now own 1.90 billion shares or 4.45% less. Savings Bank Of Montreal Can reported 11.17 million shs. Strategic Global Advsr Ltd Liability Corporation owns 0.22% invested in Citigroup Inc. (NYSE:C) for 9,648 shs. Cap International Invsts holds 0.05% or 600,000 shs in its capital. Canandaigua Bancorporation And reported 27,707 shs. Valley Natl Advisers holds 0.03% of its capital in Citigroup Inc. (NYSE:C) for 1,302 shs. Moreover, Nbt State Bank N A Ny has 0.2% invested in Citigroup Inc. (NYSE:C). Soros Fund Mngmt Ltd Com invested in 0.77% or 703,918 shs. Retail Bank Hapoalim Bm reported 0.87% stake. Advsr Capital Mgmt Lc holds 1.06% or 208,628 shs in its capital. Moreover, Qs Ltd Liability Com has 0.14% invested in Citigroup Inc. (NYSE:C). Chicago Equity Partners Lc holds 0.11% in Citigroup Inc. (NYSE:C) or 52,990 shs. Rwc Asset Management Llp owns 285,310 shs. Kcm Inv Advisors Limited Liability reported 6,003 shs. Natl Ins Tx reported 0.65% stake. Prudential Finance Inc owns 6.46 million shs.

C had 7 sales and 0 insider buys since February 27, 2018. This’s net activity of $5.91 million. On Tuesday, February 27 Fraser Jane Nind also sold $2.51 million worth of Citigroup Inc. (NYSE:C). MURRAY JOSEPH MICHAEL sold $263,126 worth of stock. Forese James A. sold $500,666 worth of Citigroup Inc. (NYSE:C) on Tuesday, February 27. 7,000 shs were sold by Callahan Don, worth $536,410 on Wednesday, February 28. Hu W. Bradford had sold 8,010 shs worth $611,804.

In 2018Q1 Securities and Exchange filling is reported Mufg Americas Holdings Corp’s holdings in Citigroup Inc (C) which was increased by 21.4%. By buying 50,935 shares Mufg Americas Holdings Corp made the stock sank with 11.86%. At the end of 2018Q1, the 288,907 shares of the major banks company held by the institutional investor were priced at $19.50M, up from 237,972 at the end of the previous reported quarter. Citigroup Inc has $171.13B market cap. The stock increased 1.21% or $0.8 during the last trading session, touching $67.11.Currently Citigroup Inc. is uptrending after 10.48% change in last June 27, 2017. C has 4.24 million shares volume. The stock underperformed the S&P500 by 2.09%.

The Mufg Americas Holdings Corp’s stake in Ishares Tr (GOVT) was decreased by 370,028 shares to 175,175 shares valued at $4.33 million in 2018Q1, according to the filing. It operates about $3.17 billion US Long portfolio. For a total of 221,520 shares it reduced its holding in Facebook Inc (NASDAQ:FB) by 291,213 shares in the quarter, and has cut its stake in Pepsico Inc (NYSE:PEP).

A couple more Citigroup Inc. (NYSE:C) news were posted by: Businesswire.com which released on June 27, 2018 “Citi Appointed as Depositary Bank for Autolus Therapeutics’ ADR Programme”, also Bizjournals.com on June 26, 2018 posted “San Francisco fintech that cashes in home equity raises $40 million from global banks”, the next Seekingalpha.com is “Citigroup Will Thrive Regardless Of Interest Rates” on June 08, 2018. Seekingalpha.com has article titled “Citigroup: The Largest CCAR Payout Among Mega-Cap Banks”.

Citigroup Inc. (NYSE:C) Ratings Coverage

In total 16 analysts cover Citigroup (NYSE:C). “Buy” rating has 11, “Sell” are 0, while 5 are “Hold”. (NYSE:C) has 69% bullish analysts. With $100.0 highest and $7400 lowest target price, Citigroup has $80.75 average target price or 20.32% above the current ($67.11) price. 21 are the (NYSE:C)’s ratings reports on 27 Jun 2018 according to StockzIntelligence Inc. On Monday, March 26 the firm has “Buy” rating by Oppenheimer given. On Wednesday, April 4 the company was maintained by Keefe Bruyette & Woods. On Sunday, April 15 Jefferies maintained Citigroup Inc. (NYSE:C) with “Hold” rating. On Monday, April 30 the firm has “Overweight” rating by Morgan Stanley given. On Tuesday, January 16 Jefferies maintained the shares of C in report with “Hold” rating. On Wednesday, April 11 the rating was upgraded by HSBC to “Buy”. On Thursday, March 15 Morgan Stanley maintained Citigroup Inc. (NYSE:C) with “Overweight” rating. On Wednesday, June 20 the company was upgraded by Deutsche Bank. In Friday, February 2 report Morgan Stanley maintained it with “Overweight” rating and $92 target. On Wednesday, January 17 Vertical Group downgraded the shares of C in report to “Hold” rating.

Citigroup Inc. (NYSE:C) Institutional Investors Chart

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