Golub Group Has Trimmed Its Citigroup (C) Holding, ABB Ltd. (VTX:ABBN) Covered By 1 Bullish Analysts Last Week

June 19, 2017 - By Linda Rogers

Among 12 analysts covering ABB (VTX:ABBN), 1 have Buy rating, 3 Sell and 8 Hold. Therefore 8% are positive. ABB had 60 analyst reports since July 27, 2015 according to SRatingsIntel. Deutsche Bank maintained the stock with “Hold” rating in Thursday, January 12 report. JP Morgan downgraded the shares of ABBN in report on Friday, October 23 to “Underweight” rating. The firm has “Neutral” rating by Goldman Sachs given on Thursday, December 8. The firm has “Sell” rating by Citigroup given on Thursday, January 19. The firm earned “Neutral” rating on Tuesday, September 8 by Credit Suisse. The firm earned “Sell” rating on Wednesday, January 6 by Goldman Sachs. The firm has “Sell” rating by Goldman Sachs given on Thursday, June 9. The stock of ABB Ltd. (VTX:ABBN) has “Neutral” rating given on Friday, October 7 by Goldman Sachs. The company was maintained on Saturday, October 1 by UBS. The rating was downgraded by Goldman Sachs to “Sell” on Thursday, June 16. See ABB Ltd. (VTX:ABBN) latest ratings:

09/02/2017 Broker: S&P Research Rating: Sell New Target: €21.00 Downgrade
24/01/2017 Broker: JP Morgan Rating: Neutral Maintain
19/01/2017 Broker: Citigroup Rating: Sell New Target: €19.00 Downgrade
12/01/2017 Broker: Deutsche Bank Rating: Hold New Target: €21.00 Maintain
11/01/2017 Broker: Societe Generale Rating: Hold New Target: €23.50 Maintain

Golub Group Llc decreased Citigroup Inc (C) stake by 1.67% reported in 2016Q4 SEC filing. Golub Group Llc sold 9,400 shares as Citigroup Inc (C)’s stock rose 1.55%. The Golub Group Llc holds 553,503 shares with $32.90M value, down from 562,903 last quarter. Citigroup Inc now has $177.25 billion valuation. The stock rose 1.10% or $0.7 reaching $64.59. About 7.87 million shares traded. Citigroup Inc (NYSE:C) has risen 35.60% since June 19, 2016 and is uptrending. It has outperformed by 18.90% the S&P500.

Among 30 analysts covering Citigroup Inc. (NYSE:C), 15 have Buy rating, 3 Sell and 12 Hold. Therefore 50% are positive. Citigroup Inc. had 66 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley upgraded Citigroup Inc (NYSE:C) on Monday, November 14 to “Overweight” rating. The stock of Citigroup Inc (NYSE:C) has “Outperform” rating given on Tuesday, October 6 by Oppenheimer. The stock of Citigroup Inc (NYSE:C) earned “Sell” rating by Societe Generale on Tuesday, September 13. Goldman Sachs downgraded Citigroup Inc (NYSE:C) on Friday, September 16 to “Neutral” rating. The company was downgraded on Monday, September 21 by Iberia Capital Partners. The firm has “Neutral” rating by Susquehanna given on Tuesday, October 6. As per Friday, October 16, the company rating was maintained by UBS. Vetr upgraded Citigroup Inc (NYSE:C) on Monday, August 24 to “Hold” rating. On Wednesday, August 26 the stock rating was downgraded by JP Morgan to “Overweight”. Jefferies upgraded Citigroup Inc (NYSE:C) on Monday, September 28 to “Buy” rating.

Since January 31, 2017, it had 0 buys, and 9 sales for $23.40 million activity. Shares for $2.11 million were sold by Fraser Jane Nind on Thursday, February 16. BIRD STEPHEN sold 90,000 shares worth $5.41M. Hu W. Bradford sold $565,704 worth of Citigroup Inc (NYSE:C) on Tuesday, January 31. On Monday, February 6 RODIN JUDITH sold $173,207 worth of Citigroup Inc (NYSE:C) or 2,999 shares. The insider Callahan Don sold 46,636 shares worth $2.80M. 55,436 shares were sold by Forese James A., worth $3.30 million. Another trade for 83,285 shares valued at $5.01M was made by CORBAT MICHAEL on Thursday, February 16.

Investors sentiment increased to 1.12 in Q4 2016. Its up 0.29, from 0.83 in 2016Q3. It is positive, as 54 investors sold C shares while 430 reduced holdings. 161 funds opened positions while 382 raised stakes. 2.00 billion shares or 1.65% more from 1.97 billion shares in 2016Q3 were reported. Liberty Capital Mgmt reported 500 shares. 2.25 million were accumulated by Manikay Prtn Ltd Liability. Hbk Invests Lp has 574,100 shares. Dsam Prns (London) stated it has 0.56% of its portfolio in Citigroup Inc (NYSE:C). First Interstate Commercial Bank has 3.01% invested in Citigroup Inc (NYSE:C) for 257,013 shares. First Dallas Secs owns 7,394 shares or 0.3% of their US portfolio. Thornburg Management accumulated 2.85M shares or 1.31% of the stock. Bluecrest Capital Mngmt Ltd, Guernsey-based fund reported 106,486 shares. Suntrust Banks Incorporated invested in 0.09% or 240,081 shares. Davis R M, Maine-based fund reported 3,500 shares. New York-based Blue Ridge Capital Lc has invested 4.17% in Citigroup Inc (NYSE:C). Pub Employees Retirement Association Of Colorado holds 0.27% of its portfolio in Citigroup Inc (NYSE:C) for 561,169 shares. Toscafund Asset Management Llp reported 525,000 shares stake. Delta Lloyd Nv reported 257,463 shares. Seabridge Investment Advsr Ltd Llc invested in 177,790 shares.

Golub Group Llc increased American Intl Group Inc (NYSE:AIG) stake by 8,301 shares to 548,636 valued at $35.83M in 2016Q4. It also upped Wells Fargo & Co New (NYSE:WFC) stake by 6,547 shares and now owns 623,213 shares. Ishares Tr (LQD) was raised too.

Analysts await Citigroup Inc (NYSE:C) to report earnings on July, 14 before the open. They expect $1.26 EPS, up 0.80% or $0.01 from last year’s $1.25 per share. C’s profit will be $3.46B for 12.82 P/E if the $1.26 EPS becomes a reality. After $1.36 actual EPS reported by Citigroup Inc for the previous quarter, Wall Street now forecasts -7.35% negative EPS growth.

The stock increased 1.10% or EUR 0.27 on June 19, reaching EUR 24.77. About 5.23M shares traded. ABB Ltd. (VTX:ABBN) has 0.00% since June 19, 2016 and is . It has underperformed by 16.70% the S&P500.

ABB Ltd is a holding company. The Company’s divisions include Electrification Products, Robotics and Motion, Industrial Automation, Power Grids, and Corporate and Other. The company has market cap of 54.78 billion EUR. It operates through four divisions: Electrification Products, Robotics and Motion, Industrial Automation and Power Grids. It has a 25.89 P/E ratio. It is engaged in serving clients in utilities, industry and transport and infrastructure.

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