Neuberger Berman Group Has Cut Citigroup (C) Holding By $20.79 Million; Last Week Penn National Gaming, Inc. (PENN) Coverage

Penn National Gaming, Inc. (NASDAQ:PENN) Logo

Among 4 analysts covering Penn National Gaming (NASDAQ:PENN), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Penn National Gaming had 4 analyst reports since June 26, 2018 according to SRatingsIntel. JP Morgan maintained it with “Overweight” rating and $37 target in Friday, November 2 report. The stock of Penn National Gaming, Inc. (NASDAQ:PENN) has “Equal-Weight” rating given on Tuesday, June 26 by Morgan Stanley. The rating was maintained by Bank of America with “Neutral” on Tuesday, July 17. The stock of Penn National Gaming, Inc. (NASDAQ:PENN) earned “Neutral” rating by Nomura on Friday, November 2. See Penn National Gaming, Inc. (NASDAQ:PENN) latest ratings:

02/11/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $41 New Target: $37 Maintain
02/11/2018 Broker: Nomura Old Rating: Neutral New Rating: Neutral Old Target: $38 New Target: $30 Maintain
17/07/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $36.5 New Target: $38 Maintain
26/06/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $31 New Target: $36 Maintain

Neuberger Berman Group Llc decreased Citigroup Inc (C) stake by 9.87% reported in 2018Q2 SEC filing. Neuberger Berman Group Llc sold 315,002 shares as Citigroup Inc (C)’s stock rose 4.79%. The Neuberger Berman Group Llc holds 2.88 million shares with $192.67M value, down from 3.19M last quarter. Citigroup Inc now has $143.62 billion valuation. The stock decreased 5.54% or $3.45 during the last trading session, reaching $58.81. About 25.51 million shares traded or 50.13% up from the average. Citigroup Inc. (NYSE:C) has risen 2.50% since December 6, 2017 and is uptrending. It has underperformed by 13.12% the S&P500. Some Historical C News: 05/03/2018 – Democrats ask Kushner cos, White House for loan-related documents; 13/04/2018 – Citigroup 1Q Allowance For Loan Losses $12.4B; 14/03/2018 – Citi Reigns as the Largest Affordable Housing Lender Nationally; 20/04/2018 – Citi’s Survey of Economists for Mexico: April 20 (Table); 06/03/2018 – CITIGROUP INC C.N CHIEF FINANCIAL OFFICER JOHN GERSPACH SPEAKS AT INVESTOR CONFERENCE; 06/04/2018 – HALFORDS GROUP PLC HFD.L : CITIGROUP RAISES RATING TO BUY; 23/03/2018 – Moody’s Assigns P-2 Rating To Note Of Citigroup Global Markets Holdings Inc; 20/04/2018 – FACEBOOK: CITI CUTS RANKING PARTLY ON CONCERNS ABOUT INVESTORS REACTION TO MARGIN PRESSURE FROM HEIGHTENED EXPENSE GROWTH, MIX SHIFT TO VIDEO ADVERTISING; 22/05/2018 – MXN SEEN AT 18.90 VS USD AT END OF 2018: CITI SURVEY; 14/03/2018 – Citigroup said a “malicious actor” attempted to gain access to several Citi accounts tied to the Department of Defense

Investors sentiment decreased to 1.18 in 2018 Q2. Its down 0.16, from 1.34 in 2018Q1. It fall, as 32 investors sold Penn National Gaming, Inc. shares while 66 reduced holdings. 45 funds opened positions while 71 raised stakes. 86.01 million shares or 1.86% more from 84.43 million shares in 2018Q1 were reported. Moreover, Fincl Architects has 0.01% invested in Penn National Gaming, Inc. (NASDAQ:PENN) for 1,455 shares. Gator Cap Mgmt Ltd has 22,796 shares. 244,036 are owned by Qs Investors Ltd Liability Corporation. Art Lc stated it has 0.1% of its portfolio in Penn National Gaming, Inc. (NASDAQ:PENN). Barclays Public Limited Liability Corporation invested in 90,085 shares. Kornitzer Ks owns 164,650 shares or 0.09% of their US portfolio. Assetmark Inc invested 0% in Penn National Gaming, Inc. (NASDAQ:PENN). The Pennsylvania-based Riggs Asset Managment has invested 0.01% in Penn National Gaming, Inc. (NASDAQ:PENN). Panagora Asset Mngmt reported 148,848 shares. Voloridge Invest Mngmt Limited Liability Corporation holds 126,789 shares or 0.11% of its portfolio. Parkside Savings Bank Trust invested in 217 shares or 0% of the stock. Renaissance Tech Ltd Liability Corp stated it has 0.03% of its portfolio in Penn National Gaming, Inc. (NASDAQ:PENN). Natixis has invested 0.03% in Penn National Gaming, Inc. (NASDAQ:PENN). Adams Diversified Equity Fund, Maryland-based fund reported 27,500 shares. Glenmede Na has invested 0.15% in Penn National Gaming, Inc. (NASDAQ:PENN).

The stock increased 2.76% or $0.61 during the last trading session, reaching $22.75. About 1.66M shares traded. Penn National Gaming, Inc. (NASDAQ:PENN) has risen 44.78% since December 6, 2017 and is uptrending. It has outperformed by 29.16% the S&P500. Some Historical PENN News: 12/04/2018 – PENN NATIONAL GAMING SECURES ILLINOIS GAMING BOARD APPROVAL; 29/03/2018 – PENN NATIONAL SAYS HOLDERS OK PINNACLE ENTERTAINMENT PURCHASE; 21/03/2018 – PENN NATIONAL GETS APPROVAL FROM W.VA. LOTTERY COMMISSION; 18/04/2018 – Penn National Closes Above 50-Day Moving Average: Technicals; 20/04/2018 – DJ Penn National Gaming Inc, Inst Holders, 1Q 2018 (PENN); 04/04/2018 – CBS 21 News: BREAKING: Penn National snares its 4th casino license in Pennsylvani; 22/03/2018 – The Pennsylvania Gaming Control Board Approves Operator Change of the Meadows Casino to Penn National Gaming; 26/04/2018 – PENN NATIONAL GAMING INC QTRLY NET REVENUES $ 816.1 MLN; 26/04/2018 – Penn National Gaming 1Q EPS 48c; 14/05/2018 – U.S. high court paves way for states to legalize sports betting

Since June 21, 2018, it had 2 insider purchases, and 5 selling transactions for $4.28 million activity. WILMOTT TIMOTHY J sold 32,196 shares worth $1.13 million. The insider SCACCETTI JANE bought $21,380. 6,694 shares were sold by Reibstein Saul, worth $234,290 on Friday, August 24.

More notable recent Penn National Gaming, Inc. (NASDAQ:PENN) news were published by: Nasdaq.com which released: “Penn National Gaming (PENN) Down 7.4% Since Last Earnings Report: Can It Rebound? – Nasdaq” on December 01, 2018, also Nasdaq.com with their article: “Penn National to Acquire Greektown Casino-Hotel’s Operations – Nasdaq” published on November 15, 2018, Nasdaq.com published: “Nutritional High Appoints Tom Siciliano as President and Michael DiNapoli as Chief Financial Officer, and Grants Stock Options – Nasdaq” on December 06, 2018. More interesting news about Penn National Gaming, Inc. (NASDAQ:PENN) were released by: Seekingalpha.com and their article: “Number crunching the Penn-VICI Greektown deal – Seeking Alpha” published on November 16, 2018 as well as Nasdaq.com‘s news article titled: “VICI Properties, Penn National Gaming To Buy Greektown Casino-Hotel For $1 Bln – Nasdaq” with publication date: November 14, 2018.

Penn National Gaming, Inc. owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment. The company has market cap of $2.69 billion. The firm operates through Northeast, South/West, and Midwest divisions. It currently has negative earnings. As of December 31, 2016, it operated 27 facilities in 17 jurisdictions, including California, Florida, Illinois, Indiana, Kansas, Maine, Massachusetts, Mississippi, Missouri, Nevada, New Jersey, New Mexico, Ohio, Pennsylvania, Texas, West Virginia, and Ontario, Canada.

More notable recent Citigroup Inc. (NYSE:C) news were published by: Benzinga.com which released: “Pro: Citigroup (NYSE:C) Should Acquire Deutsche Bank (NYSE:DB) – Benzinga” on December 04, 2018, also Seekingalpha.com with their article: “Citigroup Inc. (C) Management presents at Goldman Sachs US Financial Services Conference 2018 (Transcript) – Seeking Alpha” published on December 05, 2018, Benzinga.com published: “Dan Nathan’s Citigroup Options Trade (NYSE:C) – Benzinga” on December 03, 2018. More interesting news about Citigroup Inc. (NYSE:C) were released by: Seekingalpha.com and their article: “Citigroup: Not Necessarily Cheaper Than Its Peers – Seeking Alpha” published on November 20, 2018 as well as Seekingalpha.com‘s news article titled: “Banks fall premarket after Citi, JPMorgan note weak trading – Seeking Alpha” with publication date: December 06, 2018.

Neuberger Berman Group Llc increased Whiting Petroleum Corp stake by 66,545 shares to 78,321 valued at $4.13 million in 2018Q2. It also upped Hollyfrontier Corp (NYSE:HFC) stake by 54,559 shares and now owns 105,574 shares. Visa Inc (NYSE:V) was raised too.

Investors sentiment increased to 1.02 in 2018 Q2. Its up 0.13, from 0.89 in 2018Q1. It increased, as 74 investors sold C shares while 455 reduced holdings. 108 funds opened positions while 433 raised stakes. 1.86 billion shares or 2.08% less from 1.90 billion shares in 2018Q1 were reported. New York-based Wafra Inc has invested 1.02% in Citigroup Inc. (NYSE:C). Palisade Management Llc Nj invested in 12,370 shares. Ally accumulated 70,000 shares or 0.92% of the stock. 177,876 are owned by First Interstate Bankshares. Gmt Capital has 1.26M shares for 2.04% of their portfolio. Moreover, Evermay Wealth Management Ltd Limited Liability Company has 0.15% invested in Citigroup Inc. (NYSE:C). Diamond Hill Mgmt Incorporated has invested 3.21% of its portfolio in Citigroup Inc. (NYSE:C). Sg Americas Securities Limited Liability Com invested in 0.08% or 135,500 shares. Kcm Invest stated it has 0.03% of its portfolio in Citigroup Inc. (NYSE:C). Moreover, Tocqueville Asset Mgmt LP has 0.02% invested in Citigroup Inc. (NYSE:C) for 29,045 shares. Research Management reported 40 shares stake. Colrain Ltd Llc holds 64,255 shares or 5.07% of its portfolio. Afam Cap owns 65,729 shares or 0.64% of their US portfolio. 7,205 were reported by Asset Of Georgia Inc Ga Adv. Hollencrest has invested 0.36% of its portfolio in Citigroup Inc. (NYSE:C).

Since July 19, 2018, it had 0 buys, and 1 insider sale for $34,605 activity. AKRAM RAJA also sold $34,605 worth of Citigroup Inc. (NYSE:C) shares.

Among 3 analysts covering Citigroup (NYSE:C), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Citigroup had 5 analyst reports since June 20, 2018 according to SRatingsIntel. The stock of Citigroup Inc. (NYSE:C) has “Overweight” rating given on Monday, July 16 by Morgan Stanley. The stock of Citigroup Inc. (NYSE:C) earned “Market Perform” rating by BMO Capital Markets on Monday, July 16. Deutsche Bank upgraded the stock to “Buy” rating in Wednesday, June 20 report. Deutsche Bank maintained the shares of C in report on Thursday, September 27 with “Buy” rating. Oppenheimer maintained Citigroup Inc. (NYSE:C) on Monday, July 16 with “Outperformer” rating.

Analysts await Citigroup Inc. (NYSE:C) to report earnings on January, 15. They expect $1.65 earnings per share, up 28.91% or $0.37 from last year’s $1.28 per share. C’s profit will be $4.03 billion for 8.91 P/E if the $1.65 EPS becomes a reality. After $1.74 actual earnings per share reported by Citigroup Inc. for the previous quarter, Wall Street now forecasts -5.17% negative EPS growth.

Citigroup Inc. (NYSE:C) Institutional Positions Chart

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