Dynamic Advisors Solutions Has Decreased General Electric Co (GE) Position by $649,337; Thompson Davis & Co Has Cut Citigroup (C) Stake as Stock Price Declined

June 20, 2018 - By Migdalia James

Citigroup Inc. (NYSE:C) Logo

Thompson Davis & Co decreased its stake in Citigroup Inc (C) by 65.83% based on its latest 2018Q1 regulatory filing with the SEC. Thompson Davis & Co sold 6,643 shares as the company’s stock declined 11.86% with the market. The institutional investor held 3,448 shares of the major banks company at the end of 2018Q1, valued at $233,000, down from 10,091 at the end of the previous reported quarter. Thompson Davis & Co who had been investing in Citigroup Inc for a number of months, seems to be less bullish one the $171.84B market cap company. The stock increased 0.91% or $0.61 during the last trading session, reaching $67.39. About 14.17 million shares traded. Citigroup Inc. (NYSE:C) has risen 10.48% since June 20, 2017 and is uptrending. It has underperformed by 2.09% the S&P500. Some Historical C News: 22/03/2018 – CITIGROUP – WILL APPLY DUE DILIGENCE SCREENING TO POTENTIAL CLIENTS GOING FORWARD; 08/05/2018 – Trump’s Ready to Impose Iran Sanctions, Says Citigroup’s Morse (Video); 10/05/2018 – PHARMACEUTICALS : CITIGROUP SAYS PREFER ASTRAZENECA, MERCK KGAA AND BAYER IN EUROPE; 08/05/2018 – Citi Treasury and Trade Solutions Announces New Leadership for North America Commercial Cards and Trade; 15/03/2018 – Citi launches a Facebook Messenger ‘chatbot’; 24/04/2018 – CITIGROUP CONCERN ON AMLO GROWING DEFICIT INCORRECT: ESQUIVEL; 24/04/2018 – Citi chairman says all options being considered for his replacement; 14/05/2018 – APPLIED MATERIALS INC AMAT.O : CITIGROUP RAISES TARGET PRICE TO $78 FROM $70; 23/04/2018 – CITIGROUP’S LUNA: AMLO MOST LIKELY WILL WIN MEXICO ELECTION; 06/03/2018 – CITIUS PHARMACEUTICALS – PRE-CLINICAL, CLINICAL DEVELOPMENT PROGRAMS FOR CITI-002 PLANNED TO BE SIMILAR TO THOSE OF CITI-001

Dynamic Advisors Solutions Llc decreased its stake in General Electric Co (GE) by 53.09% based on its latest 2018Q1 regulatory filing with the SEC. Dynamic Advisors Solutions Llc sold 49,949 shares as the company’s stock declined 0.14% with the market. The institutional investor held 44,134 shares of the consumer electronics and appliances company at the end of 2018Q1, valued at $596,000, down from 94,083 at the end of the previous reported quarter. Dynamic Advisors Solutions Llc who had been investing in General Electric Co for a number of months, seems to be less bullish one the $112.13B market cap company. The stock decreased 0.31% or $0.04 during the last trading session, reaching $12.91. About 90.96M shares traded or 34.08% up from the average. General Electric Company (NYSE:GE) has declined 46.78% since June 20, 2017 and is downtrending. It has underperformed by 59.35% the S&P500. Some Historical GE News: 13/04/2018 – GE: 2016 EPS Reduced by 13c, In Line With Estimate in 10-K; 20/04/2018 – GE – SAW STRONG PERFORMANCE IN AVIATION, HEALTHCARE, RENEWABLES, AND TRANSPORTATION IN QTR; 16/05/2018 – GE ANNOUNCES NEW AGP ORDERS W/ SAUDI CEMENT, DUBAI ELECTRICITY; 25/04/2018 – BUZZ-General Electric: Shares dropping as Moody’s outlook sours; 20/04/2018 – General Electric reportedly discussing sale of rail unit to Wabtec; 16/05/2018 – GE: $200M GAS TURBINE ORDERS BACKLOG WITH POWER PRODUCERS; 03/04/2018 – GE to Sell Health IT Asset in $1.05 Billion Private Equity Deal (Video); 21/05/2018 – GE TO BE PAID $2.9B UP-FRONT CASH PAYMENT IN DEAL; 02/04/2018 – TIAN GE INTERACTIVE HOLDINGS LTD 1980.HK – FY ADJUSTED REVENUE RMB1.0 BLN, UP 20.4 PCT; 29/05/2018 – Tampa General Hospital and GE Healthcare Partner for Next Level Care Coordination

More notable recent General Electric Company (NYSE:GE) news were published by: Seekingalpha.com which released: “Warren: Your $20/Share GE Lunch Is Served” on June 13, 2018, also Bizjournals.com with their article: “With Intel’s help, Portland launches smart city pilot aimed at traffic safety” published on June 18, 2018, Seekingalpha.com published: “General Electric’s Digital Growth Is Impressive” on June 13, 2018. More interesting news about General Electric Company (NYSE:GE) were released by: Thestreet.com and their article: “Why GE’s Stock Has Fallen 15% in the Last 30 Days” published on June 17, 2018 as well as Seekingalpha.com‘s news article titled: “GE sticks to plan despite Dow boot” with publication date: June 20, 2018.

Among 29 analysts covering General Electric Company (NYSE:GE), 9 have Buy rating, 6 Sell and 14 Hold. Therefore 31% are positive. General Electric Company had 104 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of General Electric Company (NYSE:GE) has “Underweight” rating given on Thursday, May 12 by JP Morgan. The firm has “Hold” rating by DZ Bank given on Friday, January 26. The company was downgraded on Monday, October 23 by Morgan Stanley. The company was maintained on Wednesday, November 1 by JP Morgan. RBC Capital Markets maintained General Electric Company (NYSE:GE) on Monday, April 23 with “Hold” rating. As per Tuesday, July 25, the company rating was maintained by Morgan Stanley. The firm has “Buy” rating given on Monday, October 23 by RBC Capital Markets. Oppenheimer downgraded the shares of GE in report on Monday, September 21 to “Perform” rating. Citigroup maintained the shares of GE in report on Monday, October 23 with “Buy” rating. The stock of General Electric Company (NYSE:GE) earned “Buy” rating by Argus Research on Wednesday, December 23.

Since January 26, 2018, it had 1 insider buy, and 0 insider sales for $43,446 activity.

Analysts await General Electric Company (NYSE:GE) to report earnings on July, 20. They expect $0.17 earnings per share, down 39.29% or $0.11 from last year’s $0.28 per share. GE’s profit will be $1.48B for 18.99 P/E if the $0.17 EPS becomes a reality. After $0.16 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts 6.25% EPS growth.

Investors sentiment increased to 0.55 in 2018 Q1. Its up 0.05, from 0.5 in 2017Q4. It improved, as 153 investors sold GE shares while 804 reduced holdings. 124 funds opened positions while 398 raised stakes. 4.54 billion shares or 3.00% less from 4.69 billion shares in 2017Q4 were reported. Community Financial Bank Na reported 220,114 shares. Alexandria Capital Ltd Com holds 0.06% in General Electric Company (NYSE:GE) or 27,695 shares. Baxter Bros invested 0.86% in General Electric Company (NYSE:GE). 193,627 are owned by Farmers And Merchants Investments. Vident Inv Advisory Ltd Liability Corp accumulated 44,195 shares or 0.02% of the stock. Cypress Cap Mngmt Lc (Wy) owns 4,800 shares. Gateway Advisory Ltd Com accumulated 48,267 shares. Zwj Investment Counsel Inc stated it has 0.11% in General Electric Company (NYSE:GE). Eagle Asset reported 860,917 shares stake. Rocky Mountain Advisers Limited Company accumulated 2,989 shares. Union Bancorp invested in 0.19% or 46,355 shares. Washington Trust Savings Bank stated it has 0.09% in General Electric Company (NYSE:GE). Gamco Invsts Et Al owns 1.29 million shares for 0.12% of their portfolio. Birch Hill Investment Advisors Limited Liability Co holds 1.13M shares. Burke And Herbert Natl Bank And Tru Company reported 107,570 shares stake.

Dynamic Advisors Solutions Llc, which manages about $389.73M US Long portfolio, upped its stake in Bp Plc (NYSE:BP) by 9,612 shares to 15,579 shares, valued at $632,000 in 2018Q1, according to the filing. It also increased its holding in Ishares Tr (IJH) by 20,203 shares in the quarter, for a total of 23,880 shares, and has risen its stake in Schlumberger Ltd (NYSE:SLB).

Among 41 analysts covering Citigroup Inc. (NYSE:C), 24 have Buy rating, 2 Sell and 15 Hold. Therefore 59% are positive. Citigroup Inc. had 126 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, December 12 by Keefe Bruyette & Woods. Wood downgraded the shares of C in report on Wednesday, January 17 to “Market Perform” rating. The company was maintained on Monday, October 10 by Jefferies. The rating was maintained by RBC Capital Markets on Friday, October 13 with “Outperform”. Macquarie Research maintained it with “Outperform” rating and $64 target in Monday, October 19 report. Keefe Bruyette & Woods maintained Citigroup Inc. (NYSE:C) rating on Tuesday, October 3. Keefe Bruyette & Woods has “Buy” rating and $80.0 target. The rating was maintained by RBC Capital Markets on Monday, September 25 with “Buy”. The firm has “Buy” rating given on Friday, December 11 by Citigroup. Societe Generale downgraded the stock to “Sell” rating in Tuesday, September 13 report. The stock of Citigroup Inc. (NYSE:C) earned “Outperform” rating by Oppenheimer on Tuesday, October 6.

Analysts await Citigroup Inc. (NYSE:C) to report earnings on July, 13. They expect $1.56 EPS, up 22.83% or $0.29 from last year’s $1.27 per share. C’s profit will be $3.98 billion for 10.80 P/E if the $1.56 EPS becomes a reality. After $1.68 actual EPS reported by Citigroup Inc. for the previous quarter, Wall Street now forecasts -7.14% negative EPS growth.

Since February 27, 2018, it had 0 insider buys, and 7 insider sales for $5.91 million activity. Forese James A. had sold 6,466 shares worth $500,666. $2.51 million worth of Citigroup Inc. (NYSE:C) was sold by Fraser Jane Nind. Callahan Don had sold 7,000 shares worth $536,410. On Tuesday, February 27 MURRAY JOSEPH MICHAEL sold $263,126 worth of Citigroup Inc. (NYSE:C) or 3,400 shares. 12,966 shares were sold by Gerspach John C, worth $937,571.

Citigroup Inc. (NYSE:C) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: