As Citigroup INC (C) Market Value Rose, Holder Three Corner Global Investors LP Decreased by $4.90 Million Its Stake

January 23, 2018 - By Ellis Scott

Investors sentiment increased to 1.35 in 2017 Q3. Its up 0.25, from 1.1 in 2017Q2. It improved, as 56 investors sold C shares while 400 reduced holdings. 125 funds opened positions while 492 raised stakes. 2.04 billion shares or 0.42% more from 2.03 billion shares in 2017Q2 were reported. Cibc Markets stated it has 526,863 shares. 9,625 were accumulated by Guyasuta Invest Advsrs. South Texas Money Mngmt Ltd invested in 1.67% or 482,475 shares. Elm Ridge reported 167,745 shares stake. Fuller & Thaler Asset Management holds 0.01% or 14,900 shares in its portfolio. The Australia-based Westpac Banking Corp has invested 0.38% in Citigroup Inc. (NYSE:C). Crystal Rock Capital Management owns 125,900 shares or 6.1% of their US portfolio. Schaller Invest Grp holds 0.12% of its portfolio in Citigroup Inc. (NYSE:C) for 3,169 shares. Pinnacle Fincl Prtnrs Incorporated accumulated 0.37% or 39,608 shares. Channing Capital Mgmt Ltd Limited Liability Company holds 0.36% in Citigroup Inc. (NYSE:C) or 132,611 shares. Global X Mgmt Company Limited Liability Corp reported 0.03% of its portfolio in Citigroup Inc. (NYSE:C). Meyer Handelman owns 49,521 shares or 0.16% of their US portfolio. Employees Retirement Of Texas accumulated 406,350 shares. Liberty reported 500 shares. Altfest L J & Inc has 0.67% invested in Citigroup Inc. (NYSE:C).

Since August 4, 2017, it had 0 insider purchases, and 2 selling transactions for $3.05 million activity. On Friday, August 4 WALSH JEFFREY R sold $344,870 worth of Citigroup Inc. (NYSE:C) or 5,000 shares.

Three Corner Global Investors Lp decreased its stake in Citigroup Inc (C) by 12.84% based on its latest 2017Q3 regulatory filing with the SEC. Three Corner Global Investors Lp sold 68,100 shares as the company’s stock rose 1.55% with the market. The hedge fund held 462,200 shares of the major banks company at the end of 2017Q3, valued at $33.62 million, down from 530,300 at the end of the previous reported quarter. Three Corner Global Investors Lp who had been investing in Citigroup Inc for a number of months, seems to be less bullish one the $207.79B market cap company. The stock increased 0.37% or $0.29 during the last trading session, reaching $78.59. About 11.56 million shares traded. Citigroup Inc. (NYSE:C) has risen 35.60% since January 23, 2017 and is uptrending. It has outperformed by 18.90% the S&P500.

More notable recent Citigroup Inc. (NYSE:C) news were published by: Nasdaq.com which released: “Earnings Reaction History: Citigroup Inc, 44.4% Follow-Through Indicator, 1.6 …” on January 16, 2018, also Bloomberg.com with their article: “Seeing Past Citigroup’s Big Loss” published on January 16, 2018, Bloomberg.com published: “Citigroup’s Promise to Close Its Pay Gap Will Only Go So Far” on January 18, 2018. More interesting news about Citigroup Inc. (NYSE:C) were released by: Seekingalpha.com and their article: “Citigroup: The Hit That Everyone Saw Coming” published on January 17, 2018 as well as Bloomberg.com‘s news article titled: “Won Marching to 2008 High as Tension Eases, Citigroup Says” with publication date: January 08, 2018.

Citigroup Inc. (NYSE:C) Ratings Coverage

Among 39 analysts covering Citigroup Inc. (NYSE:C), 18 have Buy rating, 3 Sell and 18 Hold. Therefore 46% are positive. Citigroup Inc. has $215 highest and $4.0 lowest target. $73.01’s average target is -7.10% below currents $78.59 stock price. Citigroup Inc. had 114 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, August 28, the company rating was upgraded by Guggenheim. The firm earned “Market Perform” rating on Thursday, November 9 by Oppenheimer. The stock of Citigroup Inc. (NYSE:C) has “Buy” rating given on Friday, August 14 by Zacks. BMO Capital Markets maintained Citigroup Inc. (NYSE:C) on Thursday, June 1 with “Buy” rating. Wood downgraded Citigroup Inc. (NYSE:C) on Wednesday, January 17 to “Market Perform” rating. Keefe Bruyette & Woods maintained the shares of C in report on Thursday, December 21 with “Buy” rating. The firm has “Buy” rating given on Monday, September 28 by Jefferies. The stock has “Sector Perform” rating by Portales Partners on Thursday, January 7. Jefferies maintained Citigroup Inc. (NYSE:C) rating on Tuesday, January 16. Jefferies has “Hold” rating and $83.0 target. The stock of Citigroup Inc. (NYSE:C) has “Buy” rating given on Monday, July 17 by Credit Suisse.

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