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Greenwich Wealth Management Increased Its Supervalu (SVU) Position by $430,773 as Market Value Declined; Kenmare Capital Partners Stake in Cit Group (CIT) Lifted by $1.58 Million

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Greenwich Wealth Management Llc increased its stake in Supervalu Inc (SVU) by 109.39% based on its latest 2017Q4 regulatory filing with the SEC. Greenwich Wealth Management Llc bought 20,513 shares as the company’s stock declined 29.18% with the market. The institutional investor held 39,265 shares of the food chains company at the end of 2017Q4, valued at $848,000, up from 18,752 at the end of the previous reported quarter. Greenwich Wealth Management Llc who had been investing in Supervalu Inc for a number of months, seems to be bullish on the $631.19 million market cap company. The stock increased 0.83% or $0.135 during the last trading session, reaching $16.435. About 206,462 shares traded. SUPERVALU INC. (NYSE:SVU) has declined 43.42% since May 16, 2017 and is downtrending. It has underperformed by 54.97% the S&P500.

Kenmare Capital Partners Llc increased its stake in Cit Group Inc (CIT) by 211.84% based on its latest 2017Q4 regulatory filing with the SEC. Kenmare Capital Partners Llc bought 32,200 shares as the company’s stock rose 2.13% while stock markets declined. The institutional investor held 47,400 shares of the consumer services company at the end of 2017Q4, valued at $2.33M, up from 15,200 at the end of the previous reported quarter. Kenmare Capital Partners Llc who had been investing in Cit Group Inc for a number of months, seems to be bullish on the $6.88 billion market cap company. The stock increased 0.70% or $0.375 during the last trading session, reaching $54.105. About 794,195 shares traded. CIT Group Inc. (NYSE:CIT) has risen 25.02% since May 16, 2017 and is uptrending. It has outperformed by 13.47% the S&P500.

Since March 1, 2018, it had 0 insider buys, and 1 sale for $107,268 activity.

More recent CIT Group Inc. (NYSE:CIT) news were published by: Prnewswire.com which released: “CIT Northbridge Serves as Sole Lead Arranger on $30 Million Credit Facility for Alliance Time” on May 15, 2018. Also Prnewswire.com published the news titled: “CIT’s Capital Equipment Financing Unit Announces New Appointments” on May 01, 2018. Globenewswire.com‘s news article titled: “Recent Analysis Shows CIT Group, Republic Services, Etsy, Tiffany, Booz Allen Hamilton Holding, and EOG Resources …” with publication date: May 09, 2018 was also an interesting one.

Investors sentiment decreased to 0.9 in 2017 Q4. Its down 0.11, from 1.01 in 2017Q3. It fall, as 31 investors sold CIT shares while 97 reduced holdings. 41 funds opened positions while 74 raised stakes. 129.34 million shares or 3.85% less from 134.52 million shares in 2017Q3 were reported. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.01% or 21,629 shares. Fj Cap Management Ltd Liability holds 4,100 shares. Federated Pa holds 0.09% in CIT Group Inc. (NYSE:CIT) or 670,500 shares. Commonwealth Fincl Bank Of holds 0% of its portfolio in CIT Group Inc. (NYSE:CIT) for 300 shares. Sumitomo Mitsui Asset Mgmt accumulated 0.01% or 8,380 shares. Ameritas Invest Prtn Inc owns 146 shares for 0% of their portfolio. Pacific Investment invested 0.06% of its portfolio in CIT Group Inc. (NYSE:CIT). Dekabank Deutsche Girozentrale invested in 0% or 11,596 shares. Livforsakringsbolaget Skandia Omsesidigt has invested 0.04% of its portfolio in CIT Group Inc. (NYSE:CIT). Wells Fargo Mn invested in 0.03% or 2.04M shares. Renaissance Tech Limited Liability Company holds 426,300 shares. Toronto Dominion Bancorp invested 0% of its portfolio in CIT Group Inc. (NYSE:CIT). California-based Aperio Group Inc Lc has invested 0.03% in CIT Group Inc. (NYSE:CIT). Commercial Bank Of Montreal Can holds 0.01% of its portfolio in CIT Group Inc. (NYSE:CIT) for 142,161 shares. 66,161 were accumulated by Eaton Vance.

Among 20 analysts covering CIT Group (NYSE:CIT), 8 have Buy rating, 0 Sell and 12 Hold. Therefore 40% are positive. CIT Group had 68 analyst reports since July 23, 2015 according to SRatingsIntel. Bank of America upgraded the shares of CIT in report on Tuesday, October 11 to “Neutral” rating. The firm has “Market Perform” rating by Wells Fargo given on Wednesday, January 31. On Monday, February 26 the stock rating was maintained by Keefe Bruyette & Woods with “Hold”. The firm has “Neutral” rating given on Monday, March 28 by Sterne Agee CRT. The rating was maintained by BMO Capital Markets with “Sell” on Tuesday, January 30. As per Thursday, January 21, the company rating was initiated by Deutsche Bank. Keefe Bruyette & Woods maintained the shares of CIT in report on Thursday, July 27 with “Hold” rating. The rating was maintained by Barclays Capital with “Equal-Weight” on Wednesday, October 25. Oppenheimer maintained the shares of CIT in report on Monday, March 26 with “Buy” rating. On Monday, September 18 the stock rating was maintained by Morgan Stanley with “Equal-Weight”.

Investors sentiment increased to 1 in Q4 2017. Its up 1.00, from 0 in 2017Q3. It increased, as 2 investors sold SVU shares while 0 reduced holdings. 1 funds opened positions while 1 raised stakes. 39,406 shares or 52.76% less from 83,422 shares in 2017Q3 were reported. Gemmer Asset Mgmt Lc accumulated 141 shares. Greenwich Wealth Management Ltd Limited Liability Company reported 39,265 shares.

Greenwich Wealth Management Llc, which manages about $1.66B and $598.33 million US Long portfolio, decreased its stake in Ebay Inc (NASDAQ:EBAY) by 26,286 shares to 32,050 shares, valued at $1.21 million in 2017Q4, according to the filing. It also reduced its holding in Spdr Ser Tr (FLRN) by 21,932 shares in the quarter, leaving it with 103,416 shares, and cut its stake in Paypal Hldgs Inc.

Among 9 analysts covering Supervalu Inc. (NYSE:SVU), 3 have Buy rating, 2 Sell and 4 Hold. Therefore 33% are positive. Supervalu Inc. had 32 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Outperform” rating by Telsey Advisory Group on Friday, January 8. The stock of SUPERVALU INC. (NYSE:SVU) earned “Equal-Weight” rating by Morgan Stanley on Thursday, October 19. On Wednesday, April 12 the stock rating was upgraded by Credit Suisse to “Hold”. RBC Capital Markets maintained SUPERVALU INC. (NYSE:SVU) on Friday, October 13 with “Buy” rating. The firm earned “Buy” rating on Thursday, October 20 by Pivotal Research. The company was downgraded on Thursday, October 19 by Northcoast. The firm has “Buy” rating by Pivotal Research given on Thursday, January 14. Telsey Advisory Group maintained the shares of SVU in report on Thursday, October 22 with “Outperform” rating. The rating was downgraded by Deutsche Bank on Thursday, January 14 to “Buy”. The company was maintained on Monday, July 24 by Pivotal Research.

More notable recent SUPERVALU INC. (NYSE:SVU) news were published by: Seekingalpha.com which released: “Supervalu’s (SVU) CEO Mark Gross on Q4 2018 Results – Earnings Call Transcript” on April 25, 2018, also Seekingalpha.com with their article: “Analysts size up Supervalu” published on April 25, 2018, Fool.com published: “Why SUPERVALU Inc. Stock Jumped 15% Last Month” on May 08, 2018. More interesting news about SUPERVALU INC. (NYSE:SVU) were released by: Seekingalpha.com and their article: “SuperValu: Next Stop $20?” published on May 02, 2018 as well as Seekingalpha.com‘s news article titled: “SUPERVALU Inc. 2018 Q4 – Results – Earnings Call Slides” with publication date: April 25, 2018.

CIT Group Inc. (NYSE:CIT) Institutional Positions Chart

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