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Patten & Patten Lifted Its Citigroup (C) Holding; Cognex (CGNX) Sentiment Is 0.74

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Patten & Patten Inc increased Citigroup Inc. (C) stake by 6.29% reported in 2018Q1 SEC filing. Patten & Patten Inc acquired 5,675 shares as Citigroup Inc. (C)’s stock declined 11.86%. The Patten & Patten Inc holds 95,828 shares with $6.47 million value, up from 90,153 last quarter. Citigroup Inc. now has $172.96 billion valuation. The stock increased 0.67% or $0.45 during the last trading session, reaching $67.83. About 8.13M shares traded. Citigroup Inc. (NYSE:C) has risen 10.48% since June 21, 2017 and is uptrending. It has underperformed by 2.09% the S&P500. Some Historical C News: 27/04/2018 – Cboe, market makers targeted in VIX manipulation lawsuit; 02/04/2018 – Morgan Stanley, JPMorgan Chase, Wells Fargo, Citigroup and Bank of America were all higher; 22/03/2018 – Citigroup Sets Restrictions on Gun Sales by Business Partners; 23/03/2018 – MICRON TECHNOLOGY INC MU.O : CITIGROUP RAISES TARGET PRICE TO $60 FROM $55; 20/04/2018 – Oasis Petroleum Presenting at Citigroup Conference May 15; 14/05/2018 – ONEOK to Participate in Citi Global Energy and Utilities Conference; 24/04/2018 – FIVE SHAREHOLDER PROPOSALS WERE NOT APPROVED BY CITI HOLDERS; 14/03/2018 – Citigroup says ‘malicious actor’ tried to hack credit cards tied to the Defense Department; 11/05/2018 – FX Week: Over the past few weeks, Citi has seen several departures and arrivals in its FX team, in London and elsewhere, FX…; 08/05/2018 – TENET HEALTHCARE CORP THC.N : CITIGROUP RAISES TARGET PRICE TO $37 FROM $27

Cognex Corp (CGNX) investors sentiment decreased to 0.74 in 2018 Q1. It’s down -5.79, from 6.53 in 2017Q4. The ratio fall, as 154 active investment managers increased or opened new equity positions, while 209 sold and decreased stakes in Cognex Corp. The active investment managers in our database now possess: 140.09 million shares, down from 268.44 million shares in 2017Q4. Also, the number of active investment managers holding Cognex Corp in top ten equity positions decreased from 11 to 9 for a decrease of 2. Sold All: 64 Reduced: 145 Increased: 104 New Position: 50.

Cognex Corporation provides machine vision products that capture and analyze visual information in order to automate tasks primarily in manufacturing processes worldwide. The company has market cap of $7.86 billion. The firm offers machine vision products, which are used to automate the manufacturing and tracking of discrete items, such as mobile phones, aspirin bottles, and automobile tires by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. It has a 47.84 P/E ratio. The Company’s products include VisionPro, a software suite that provides various vision tools for programming; displacement sensors with vision software for use in 3D application; In-Sight vision systems that perform various vision tasks, including part location, identification, measurement, assembly verification, and robotic guidance; In-Sight vision sensors; ID products, which are used for reading codes that are applied on discrete items during the manufacturing process, as well as have applications in logistics automation for package sorting and distribution; DataMan barcode readers; barcode verifiers; vision-enabled mobile terminals for industrial barcode reading applications; and barcode scanning software development kits.

The stock decreased 0.04% or $0.0174 during the last trading session, reaching $45.4526. About 434,545 shares traded. Cognex Corporation (CGNX) has risen 0.46% since June 21, 2017 and is uptrending. It has underperformed by 12.11% the S&P500. Some Historical CGNX News: 04/05/2018 – Cognex Presenting at JPMorgan Conference May 15; 10/05/2018 – lvanti Introduces Support for Cognex Mobile Data Capture Solutions; 21/04/2018 DJ Cognex Corporation, Inst Holders, 1Q 2018 (CGNX); 03/05/2018 – Cognex to Webcast Conference Presentations; 01/05/2018 – Cognex sells technologies to factories that assist with putting OLED screens on iPhone X devices; 30/04/2018 – COGNEX 1Q EPS 21C; 07/05/2018 – Cognex Presenting at Conference Jun 6; 01/05/2018 – Apple accounts for 20 percent of Cognex revenues, according to Campling; 01/05/2018 – Analyst Neil Campling of Mirabaud Securities said that weaker-than-expected first quarter earnings and second quarter earnings from Cognex provide more evidence of this; 30/04/2018 – COGNEX SEES 2Q REV. $200M TO $210.0M

More news for Cognex Corporation (NASDAQ:CGNX) were recently published by: Seekingalpha.com, which released: “Under Armour Is A Winner – Cramer’s Lightning Round (6/20/18)” on June 21, 2018. Fool.com‘s article titled: “3 Under-the-Radar Robotics Stocks” and published on June 12, 2018 is yet another important article.

Since January 1, 0001, it had 0 insider buys, and 1 insider sale for $564,892 activity.

Analysts await Cognex Corporation (NASDAQ:CGNX) to report earnings on July, 30. They expect $0.30 EPS, down 3.23% or $0.01 from last year’s $0.31 per share. CGNX’s profit will be $51.88 million for 37.88 P/E if the $0.30 EPS becomes a reality. After $0.21 actual EPS reported by Cognex Corporation for the previous quarter, Wall Street now forecasts 42.86% EPS growth.

Joho Capital Llc holds 31.96% of its portfolio in Cognex Corporation for 2.47 million shares. Tirschwell & Loewy Inc owns 739,400 shares or 5.29% of their US portfolio. Moreover, Thomas Story & Son Llc has 4.92% invested in the company for 161,500 shares. The New York-based American Capital Management Inc has invested 4.74% in the stock. Brown Capital Management Llc, a Maryland-based fund reported 7.35 million shares.

Ratings analysis reveals 67% of Cognex’s analysts are positive. Out of 3 Wall Street analysts rating Cognex, 2 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $61.0 while the high is $74.0. The stock’s average target of $67.50 is 48.51% above today’s ($45.4526) share price. CGNX was included in 3 notes of analysts from November 1, 2016. The stock of Cognex Corporation (NASDAQ:CGNX) has “Buy” rating given on Tuesday, November 1 by Needham. On Friday, December 2 the stock rating was downgraded by Northcoast to “Neutral”. Deutsche Bank initiated the stock with “Buy” rating in Thursday, December 8 report.

More notable recent Citigroup Inc. (NYSE:C) news were published by: Investorplace.com which released: “3 Key Bank Stocks Ahead of the Stress Tests” on June 20, 2018, also Seekingalpha.com with their article: “Citigroup Will Thrive Regardless Of Interest Rates” published on June 08, 2018, Bizjournals.com published: “What’s North Carolina’s piece of the $100M Citigroup settlement?” on June 15, 2018. More interesting news about Citigroup Inc. (NYSE:C) were released by: 247Wallst.com and their article: “Why GE’s Dow Jones Industrial Average Removal May Be Biggest Buy Sign Ever” published on June 21, 2018 as well as Streetinsider.com‘s news article titled: “Bank investors await US stress test results for capital returns” with publication date: June 21, 2018.

Investors sentiment decreased to 0.89 in 2018 Q1. Its down 0.18, from 1.07 in 2017Q4. It fall, 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. 2.34 million were accumulated by Korea Inv Corporation. Louisiana State Employees Retirement stated it has 156,900 shares. Ohio-based Meeder Asset Mgmt has invested 0.01% in Citigroup Inc. (NYSE:C). New York-based American International Gp has invested 0.2% in Citigroup Inc. (NYSE:C). Com Tx holds 190,455 shares. Strategic Advsr Ltd Liability Com stated it has 44,838 shares or 1.25% of all its holdings. Bokf Na reported 82,303 shares stake. North Amer Mgmt holds 0.17% or 16,003 shares. Mufg Americas Holdg holds 288,907 shares or 0.61% of its portfolio. Plante Moran Financial Advsr Llc holds 0.05% or 1,442 shares. Stieven Capital Advsr Limited Partnership reported 124,800 shares stake. Arrowstreet Cap Limited Partnership stated it has 0.07% of its portfolio in Citigroup Inc. (NYSE:C). Dana Investment has invested 0.66% in Citigroup Inc. (NYSE:C). Palo Capital stated it has 0.75% in Citigroup Inc. (NYSE:C). Toth Advisory holds 50 shares.

Among 41 analysts covering Citigroup Inc. (NYSE:C), 25 have Buy rating, 2 Sell and 14 Hold. Therefore 61% are positive. Citigroup Inc. had 127 analyst reports since July 21, 2015 according to SRatingsIntel. As per Wednesday, July 13, the company rating was initiated by Berenberg. On Thursday, July 20 the stock rating was maintained by Oppenheimer with “Buy”. Buckingham Research maintained the shares of C in report on Friday, October 13 with “Buy” rating. The firm has “Buy” rating by Vertical Group given on Tuesday, September 5. The firm earned “Sector Weight” rating on Tuesday, January 5 by KeyBanc Capital Markets. The firm earned “Market Perform” rating on Thursday, November 9 by Oppenheimer. The firm has “Buy” rating given on Monday, October 10 by Jefferies. BMO Capital Markets downgraded the shares of C in report on Monday, July 31 to “Market Perform” rating. Wells Fargo maintained the stock with “Buy” rating in Monday, October 2 report. On Tuesday, January 10 the stock rating was downgraded by Standpoint Research to “Hold”.

Cognex Corporation (NASDAQ:CGNX) Institutional Positions Chart

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