Trending Stock News

As Grainger W W (GWW) Stock Price Rose, Acropolis Investment Management Boosted Holding; Kempner Capital Management Stake in Citigroup (C) Trimmed as Valuation Declined

Citigroup Inc. (NYSE:C) Logo

Kempner Capital Management Inc decreased its stake in Citigroup Inc (C) by 19.71% based on its latest 2018Q1 regulatory filing with the SEC. Kempner Capital Management Inc sold 22,255 shares as the company’s stock declined 11.86% with the market. The institutional investor held 90,638 shares of the major banks company at the end of 2018Q1, valued at $6.12 million, down from 112,893 at the end of the previous reported quarter. Kempner Capital Management Inc who had been investing in Citigroup Inc for a number of months, seems to be less bullish one the $171.59B market cap company. The stock decreased 0.47% or $0.32 during the last trading session, reaching $67.29. About 17.53M shares traded or 1.91% up from the average. Citigroup Inc. (NYSE:C) has risen 10.48% since June 14, 2017 and is uptrending. It has underperformed by 2.09% the S&P500. Some Historical C News: 16/04/2018 – NEW DEAL: Citigroup Inc $Bmark 11NC10 Fxd-to-FRN; IPT +140 Area; 19/04/2018 – ZOETIS INC ZTS.N : CITIGROUP RAISES TARGET PRICE TO $98 FROM $85; 08/03/2018 – MOVES-Citi Private Bank names Thomas Schlaus Zurich team leader; 20/03/2018 – FENNER PLC FENR.L : CITIGROUP RAISES TARGET PRICE TO 610P FROM 525P; 15/03/2018 – Some Citi customers can now check their bank account balances through Facebook; 13/04/2018 – Citigroup 1Q Effective Tax Rate 24%; 05/03/2018 – EastGroup Properties Announces Presentation At Citi 2018 Global Property CEO Conference; 06/03/2018 – CITIGROUP INC – SGD 100 MLN REDEMPTION OF 3.50% FIXED RATE / FLOATING RATE SUBORDINATED NOTES DUE APRIL 2020; 13/04/2018 – Citigroup 1Q Return on Average Common Equity 9.7%; 17/05/2018 – Gulf Breeze News: Egypt’s Banque Misr hires Citi for $500m loan

Acropolis Investment Management Llc increased its stake in Grainger W W Inc (GWW) by 44.29% based on its latest 2018Q1 regulatory filing with the SEC. Acropolis Investment Management Llc bought 1,125 shares as the company’s stock rose 14.40% while stock markets declined. The institutional investor held 3,665 shares of the consumer services company at the end of 2018Q1, valued at $1.04M, up from 2,540 at the end of the previous reported quarter. Acropolis Investment Management Llc who had been investing in Grainger W W Inc for a number of months, seems to be bullish on the $17.69B market cap company. The stock decreased 0.96% or $3.07 during the last trading session, reaching $315.7. About 636,886 shares traded. W.W. Grainger, Inc. (NYSE:GWW) has risen 75.66% since June 14, 2017 and is uptrending. It has outperformed by 63.09% the S&P500. Some Historical GWW News: 09/04/2018 – W W GRAINGER INC GWW.N : BMO RAISES TARGET PRICE TO $247 FROM $242; 16/04/2018 – W W Grainger Inc expected to post earnings of $3.43 a share – Earnings Preview; 02/04/2018 – W W GRAINGER INC GWW.N SAYS CFO RON JADIN TO RETIRE; 23/04/2018 – W W GRAINGER INC GWW.N : UBS RAISES TARGET PRICE TO $240 FROM $220; 25/04/2018 – Grainger’s Shareholders Elect 11 Directors And Other Meeting Highlights; 19/04/2018 – WW Grainger 1Q Adj EPS $4.18; 08/05/2018 – Moody’s downgrades Grainger’s senior unsecured rating to A3 and short-term rating to P-2; outlook stable; 21/04/2018 – DJ WW Grainger Inc, Inst Holders, 1Q 2018 (GWW); 02/04/2018 Grainger Names Thomas Okray CFO; 25/04/2018 – WW Grainger Raises Dividend to $1.36

More news for W.W. Grainger, Inc. (NYSE:GWW) were recently published by: Investorplace.com, which released: “6 Dividend Aristocrats to Buy as Trump Irks G7” on June 11, 2018. Nasdaq.com‘s article titled: “Recent Analysis Shows Ford Motor, Lions Gate Entertainment, America’s Car-Mart, WW Grainger, Berry Global Group …” and published on June 11, 2018 is yet another important article.

Since January 11, 2018, it had 1 insider purchase, and 4 sales for $7.92 million activity. $60,207 worth of stock was sold by Tapia Eric R on Thursday, May 3. HOWARD JOHN L sold 19,500 shares worth $5.75M. $2.13M worth of W.W. Grainger, Inc. (NYSE:GWW) was sold by Brown Laura D on Thursday, January 11.

Among 20 analysts covering W.W. Grainger (NYSE:GWW), 4 have Buy rating, 4 Sell and 12 Hold. Therefore 20% are positive. W.W. Grainger had 114 analyst reports since July 21, 2015 according to SRatingsIntel. KeyBanc Capital Markets initiated the stock with “Sector Weight” rating in Friday, December 18 report. The firm has “Hold” rating by Deutsche Bank given on Thursday, January 26. The company was upgraded on Wednesday, July 19 by Credit Suisse. KeyBanc Capital Markets maintained the shares of GWW in report on Thursday, October 12 with “Hold” rating. Barclays Capital maintained it with “Equal-Weight” rating and $211 target in Monday, April 18 report. The stock has “Buy” rating by Robert W. Baird on Thursday, April 19. The rating was maintained by BMO Capital Markets on Tuesday, July 11 with “Hold”. The firm has “Hold” rating by Stifel Nicolaus given on Tuesday, April 3. Gabelli maintained W.W. Grainger, Inc. (NYSE:GWW) rating on Friday, January 26. Gabelli has “Buy” rating and $321.0 target. As per Friday, March 16, the company rating was maintained by BMO Capital Markets.

Investors sentiment decreased to 0.75 in 2018 Q1. Its down 0.06, from 0.81 in 2017Q4. It turned negative, as 36 investors sold GWW shares while 214 reduced holdings. 82 funds opened positions while 106 raised stakes. 43.08 million shares or 5.84% less from 45.76 million shares in 2017Q4 were reported. Thrivent Fincl For Lutherans holds 2,164 shares or 0% of its portfolio. Meag Munich Ergo Kapitalanlagegesellschaft Mbh reported 1,600 shares. Proshare Advsr Lc accumulated 264,008 shares. Blb&B Advisors Limited Liability has invested 0.07% of its portfolio in W.W. Grainger, Inc. (NYSE:GWW). Northstar Inv Advisors Ltd Limited Liability Company holds 0.06% or 1,039 shares. Savant Capital Limited Liability Com invested 0.05% in W.W. Grainger, Inc. (NYSE:GWW). Plante Moran Advisors Limited Liability Corporation holds 227 shares or 0.03% of its portfolio. Hsbc Public Limited Liability Company invested in 73,291 shares or 0.03% of the stock. Moreover, Amalgamated National Bank has 0.06% invested in W.W. Grainger, Inc. (NYSE:GWW). Arizona State Retirement System reported 32,870 shares stake. Parametric Assoc Limited Liability Corp holds 399,408 shares or 0.11% of its portfolio. Advisor Prtnrs Limited Liability Corporation has 963 shares. The North Carolina-based Bb&T Corporation has invested 0.01% in W.W. Grainger, Inc. (NYSE:GWW). Bb&T Ltd Liability Co holds 54,273 shares or 0.17% of its portfolio. Orca Invest Mngmt Llc owns 3.11% invested in W.W. Grainger, Inc. (NYSE:GWW) for 9,651 shares.

Acropolis Investment Management Llc, which manages about $912.87M and $614.63 million US Long portfolio, decreased its stake in Vanguard Tax (VEA) by 189,300 shares to 1.63M shares, valued at $72.15M in 2018Q1, according to the filing. It also reduced its holding in Vanguard Intl Equity Index F (VWO) by 69,643 shares in the quarter, leaving it with 542,166 shares, and cut its stake in Procter & Gamble Co (NYSE:PG).

Since February 27, 2018, it had 0 insider buys, and 7 selling transactions for $5.91 million activity. Fraser Jane Nind had sold 32,400 shares worth $2.51 million. Gerspach John C sold $937,571 worth of stock or 12,966 shares. MURRAY JOSEPH MICHAEL had sold 3,400 shares worth $263,126 on Tuesday, February 27. 8,010 shares were sold by Hu W. Bradford, worth $611,804. Shares for $536,410 were sold by Callahan Don.

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 10.78 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.

More notable recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Citigroup Will Thrive Regardless Of Interest Rates” on June 08, 2018, also Livetradingnews.com with their article: “Citigroup Inc. (NYSE:C) Bears in Favor” published on May 30, 2018, Seekingalpha.com published: “Citigroup Inc. (C) Management presents at Morgan Stanley Financials Conference (Transcript)” on June 13, 2018. More interesting news about Citigroup Inc. (NYSE:C) were released by: Seekingalpha.com and their article: “Citi warns on bank job automation” published on June 12, 2018 as well as Bizjournals.com‘s news article titled: “Banking Roundup: Starbucks launches JPMorgan Visa cards… BofA’s virtual assistant Erica hits milestone” with publication date: June 13, 2018.

Investors sentiment decreased to 0.89 in Q1 2018. Its down 0.18, from 1.07 in 2017Q4. It dropped, as 89 investors sold C shares while 499 reduced holdings. 114 funds opened positions while 412 raised stakes. 1.90 billion shares or 4.45% less from 1.99 billion shares in 2017Q4 were reported. Blue Capital has 0.58% invested in Citigroup Inc. (NYSE:C). Uss Inv Ltd holds 2.61% of its portfolio in Citigroup Inc. (NYSE:C) for 3.45M shares. Quantres Asset Mngmt Limited holds 0.19% or 4,700 shares in its portfolio. Mariner Wealth Advsrs invested 0.1% of its portfolio in Citigroup Inc. (NYSE:C). M&R Cap Mgmt Incorporated has 0.16% invested in Citigroup Inc. (NYSE:C). Ckw Finance accumulated 1,500 shares. 9,200 are owned by Intact Inv Management. One Management Limited Liability Co stated it has 35,140 shares or 0.47% of all its holdings. Gam Holdings Ag accumulated 0.51% or 210,907 shares. Berkshire Asset Limited Liability Pa invested in 1.17% or 179,152 shares. Wedge Cap Mngmt L LP Nc reported 459,166 shares. Dynamic Advisor Solutions Limited Co accumulated 0.12% or 7,148 shares. Renaissance Group Ltd Limited Liability Company invested 0.08% in Citigroup Inc. (NYSE:C). First Pacific Advsr Ltd Com invested in 3.56% or 6.93M shares. Synovus Fincl reported 155,453 shares or 0.18% of all its holdings.

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 rating was downgraded by Societe Generale on Tuesday, September 13 to “Sell”. As per Thursday, June 1, the company rating was maintained by BMO Capital Markets. The firm has “Market Perform” rating given on Thursday, November 9 by Oppenheimer. The stock of Citigroup Inc. (NYSE:C) has “Buy” rating given on Thursday, December 21 by Keefe Bruyette & Woods. Barclays Capital maintained Citigroup Inc. (NYSE:C) rating on Monday, March 14. Barclays Capital has “Overweight” rating and $60 target. Morgan Stanley upgraded the shares of C in report on Monday, November 14 to “Overweight” rating. On Monday, September 28 the stock rating was upgraded by Jefferies to “Buy”. The firm has “Buy” rating given on Wednesday, December 20 by Wells Fargo. The firm has “Buy” rating by BMO Capital Markets given on Friday, July 14. RBC Capital Markets maintained it with “Outperform” rating and $79 target in Friday, October 13 report.

Citigroup Inc. (NYSE:C) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *