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As Citigroup (C) Valuation Declined, Holder Bank Of Nova Scotia Trust Company Trimmed Stake; Western Digital (WDC) Stake Maintained by Riverpark Advisors Llc

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Bank Of Nova Scotia Trust Company decreased its stake in Citigroup Inc (C) by 24.75% based on its latest 2017Q4 regulatory filing with the SEC. Bank Of Nova Scotia Trust Company sold 4,705 shares as the company’s stock declined 9.55% with the market. The institutional investor held 14,306 shares of the major banks company at the end of 2017Q4, valued at $1.07 million, down from 19,011 at the end of the previous reported quarter. Bank Of Nova Scotia Trust Company who had been investing in Citigroup Inc for a number of months, seems to be less bullish one the $182.65B market cap company. The stock decreased 0.44% or $0.32 during the last trading session, reaching $71.63. About 11.19M shares traded. Citigroup Inc. (NYSE:C) has risen 17.06% since May 17, 2017 and is uptrending. It has outperformed by 5.51% the S&P500.

Riverpark Advisors Llc increased its stake in Western Digital Corp (WDC) by 88% based on its latest 2017Q4 regulatory filing with the SEC. Riverpark Advisors Llc bought 11,000 shares as the company’s stock rose 14.25% while stock markets declined. The institutional investor held 23,500 shares of the electronic components company at the end of 2017Q4, valued at $1.87 million, up from 12,500 at the end of the previous reported quarter. Riverpark Advisors Llc who had been investing in Western Digital Corp for a number of months, seems to be bullish on the $25.90B market cap company. The stock decreased 0.53% or $0.46 during the last trading session, reaching $86.56. About 3.18M shares traded. Western Digital Corporation (NASDAQ:WDC) has risen 17.32% since May 17, 2017 and is uptrending. It has outperformed by 5.77% the S&P500.

More notable recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Citigroup: Buy Now” on May 01, 2018, also Streetinsider.com with their article: “ValueAct’s 13F Shows New Stake in SLM Corp (SLM), Confirms Increase in Citi (C), Exits Microsoft (MSFT) (more…)” published on May 15, 2018, Seekingalpha.com published: “Why ValueAct Pounced On Citigroup” on May 14, 2018. More interesting news about Citigroup Inc. (NYSE:C) were released by: Livetradingnews.com and their article: “Citigroup Inc. (NYSE:C) Heffx Technical Analysis” published on May 17, 2018 as well as 247Wallst.com‘s news article titled: “The World’s 15 Largest Banks” with publication date: May 17, 2018.

Since February 27, 2018, it had 0 insider purchases, and 6 selling transactions for $4.97 million activity. $2.51 million worth of stock was sold by Fraser Jane Nind on Tuesday, February 27. Forese James A. had sold 6,466 shares worth $500,666 on Tuesday, February 27. Gerspach John C sold 7,000 shares worth $542,920. The insider MURRAY JOSEPH MICHAEL sold 3,400 shares worth $263,126. Another trade for 7,000 shares valued at $536,410 was sold by Callahan Don.

Analysts await Citigroup Inc. (NYSE:C) to report earnings on July, 13. They expect $1.57 earnings per share, up 23.62% or $0.30 from last year’s $1.27 per share. C’s profit will be $4.00B for 11.41 P/E if the $1.57 EPS becomes a reality. After $1.68 actual earnings per share reported by Citigroup Inc. for the previous quarter, Wall Street now forecasts -6.55% negative EPS growth.

Among 40 analysts covering Citigroup Inc. (NYSE:C), 23 have Buy rating, 2 Sell and 15 Hold. Therefore 58% are positive. Citigroup Inc. had 125 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Thursday, March 15 by Morgan Stanley. The firm has “Buy” rating by Sandler O’Neill given on Tuesday, January 16. Vetr downgraded it to “Hold” rating and $56.66 target in Thursday, August 6 report. The stock of Citigroup Inc. (NYSE:C) earned “Buy” rating by Keefe Bruyette & Woods on Thursday, December 21. The stock of Citigroup Inc. (NYSE:C) earned “Overweight” rating by Morgan Stanley on Monday, November 14. Keefe Bruyette & Woods maintained Citigroup Inc. (NYSE:C) on Tuesday, December 12 with “Buy” rating. Keefe Bruyette & Woods maintained it with “Buy” rating and $80.0 target in Tuesday, October 3 report. On Wednesday, August 12 the stock rating was maintained by Deutsche Bank with “Hold”. As per Friday, October 16, the company rating was maintained by Oppenheimer. As per Tuesday, January 5, the company rating was downgraded by KeyBanc Capital Markets.

Bank Of Nova Scotia Trust Company, which manages about $923.33 million US Long portfolio, upped its stake in Oracle Corp (NYSE:ORCL) by 26,208 shares to 36,193 shares, valued at $1.71M in 2017Q4, according to the filing. It also increased its holding in Pembina Pipeline Corp (NYSE:PBA) by 140,170 shares in the quarter, for a total of 526,917 shares, and has risen its stake in Shaw Communications Inc (NYSE:SJR).

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.28, from 1.35 in 2017Q3. It dropped, as 58 investors sold C shares while 480 reduced holdings. 123 funds opened positions while 450 raised stakes. 1.99 billion shares or 2.45% less from 2.04 billion shares in 2017Q3 were reported. Donald Smith & Com has 3.44% invested in Citigroup Inc. (NYSE:C). Moreover, Grandfield & Dodd Llc has 0.02% invested in Citigroup Inc. (NYSE:C). Tarbox Family Office owns 0.17% invested in Citigroup Inc. (NYSE:C) for 5,594 shares. Horan Capital Mngmt holds 3.99% of its portfolio in Citigroup Inc. (NYSE:C) for 270,130 shares. Daiwa Sb Invests Limited invested 0.25% in Citigroup Inc. (NYSE:C). Tcw Group has 3.39 million shares. Klingenstein Fields And Co Lc holds 0.05% in Citigroup Inc. (NYSE:C) or 18,980 shares. Argi Investment Ltd Liability invested in 0.02% or 4,022 shares. Brandywine Glob Invest Management Limited Liability stated it has 7.38 million shares. Auxier Asset holds 79,020 shares or 1.13% of its portfolio. Shine Inv Advisory Services has 0.11% invested in Citigroup Inc. (NYSE:C). Picton Mahoney Asset Management owns 278,400 shares or 0.56% of their US portfolio. Thompson Davis & Inc has 1.78% invested in Citigroup Inc. (NYSE:C). Pittenger And Anderson Inc owns 56,485 shares for 0.37% of their portfolio. Seizert Prtn Limited Liability Company accumulated 485,892 shares.

More notable recent Western Digital Corporation (NASDAQ:WDC) news were published by: Investorplace.com which released: “3 Stocks to Buy Before They Break Out” on May 14, 2018, also Streetinsider.com with their article: “Western Digital (WDC) Plans Stock Buyback up to $1 Billion; Announces Repricing of $2.455 Billion of USD Term B …” published on May 15, 2018, Streetinsider.com published: “Viking Global’s 13F Shows New Stakes in Alibaba (BABA), BioMarin (BMRN) and Western Digital (WDC), Increase in …” on May 15, 2018. More interesting news about Western Digital Corporation (NASDAQ:WDC) were released by: Fool.com and their article: “Why Shares of Western Digital Corporation Fell 14.6% in April” published on May 11, 2018 as well as Nasdaq.com‘s news article titled: “China Eases the Pressure on Qualcomm’s NXP Deal” with publication date: May 15, 2018.

Riverpark Advisors Llc, which manages about $2.88 billion and $698.44 million US Long portfolio, decreased its stake in Cognizant Technology Solutio (NASDAQ:CTSH) by 43,000 shares to 224,500 shares, valued at $15.94M in 2017Q4, according to the filing. It also reduced its holding in Cf Inds Hldgs Inc (NYSE:CF) by 14,000 shares in the quarter, leaving it with 65,200 shares, and cut its stake in Intercontinental Exchange In (NYSE:ICE).

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.05, from 1.12 in 2017Q3. It dropped, as 68 investors sold WDC shares while 219 reduced holdings. 82 funds opened positions while 224 raised stakes. 243.21 million shares or 1.21% more from 240.32 million shares in 2017Q3 were reported. Assetmark has invested 0% in Western Digital Corporation (NASDAQ:WDC). Maplelane Capital Ltd Liability Corporation holds 0% of its portfolio in Western Digital Corporation (NASDAQ:WDC) for 1 shares. Axa holds 22,790 shares. Clear Harbor Asset Management Limited Com has 2.65% invested in Western Digital Corporation (NASDAQ:WDC) for 177,121 shares. Scotia Capital reported 0.03% stake. Amer Century has invested 0.02% of its portfolio in Western Digital Corporation (NASDAQ:WDC). Koshinski Asset Inc holds 6,228 shares or 0.12% of its portfolio. Mercer Cap Advisers invested 0.01% in Western Digital Corporation (NASDAQ:WDC). Bessemer Group Inc Inc has 4,641 shares. Moreover, Northwestern Mutual Wealth Mngmt Commerce has 0% invested in Western Digital Corporation (NASDAQ:WDC) for 8,816 shares. Utd Cap Financial Advisers Lc stated it has 39,492 shares. First Citizens Comml Bank And Trust Commerce stated it has 3,826 shares or 0.04% of all its holdings. 46,265 were accumulated by Laurion Management Limited Partnership. Renaissance Gru Lc owns 381,633 shares for 1.03% of their portfolio. Fuller & Thaler Asset Incorporated holds 1,200 shares.

Citigroup Inc. (NYSE:C) Institutional Positions Chart

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