Citigroup (C) Stock Declined While Seabridge Investment Advisors Cut Stake; Nfc Investments Holding in Pico Holdings (PICO) Decreased as Stock Declined

Citigroup Inc. (NYSE:C) Logo

Seabridge Investment Advisors Llc decreased its stake in Citigroup Inc. (C) by 7.04% based on its latest 2018Q3 regulatory filing with the SEC. Seabridge Investment Advisors Llc sold 10,177 shares as the company’s stock declined 18.04% with the market. The institutional investor held 134,303 shares of the major banks company at the end of 2018Q3, valued at $9.64 million, down from 144,480 at the end of the previous reported quarter. Seabridge Investment Advisors Llc who had been investing in Citigroup Inc. for a number of months, seems to be less bullish one the $138.45 billion market cap company. The stock increased 0.44% or $0.25 during the last trading session, reaching $56.69. About 23.09M shares traded or 8.48% up from the average. Citigroup Inc. (NYSE:C) has declined 23.89% since January 12, 2018 and is downtrending. It has underperformed by 23.89% the S&P500. Some Historical C News: 18/05/2018 – Channel NewsAsia: US gun lobby takes aim at ‘gun-hating’ banks Citi, BofA; 14/03/2018 – Citi Reigns as the Largest Affordable Housing Lender Nationally; 09/05/2018 – ♫ Reuters Insider – Breakingviews TV: Citi heat; 06/03/2018 – Times of India: HDFC Bank, Citi switch corp lending heads; 06/03/2018 – CITIGROUP CFO JOHN GERSPACH SPEAKS AT INVESTOR CONFERENCE; 24/04/2018 – Citigroup Reorganizes Credit Markets Unit as Lathrop Takes Leave; 20/03/2018 – CITI CHIEF ECONOMIST PAUL BRENNAN SPEAKS AT PERTH CONFERENCE; 14/05/2018 – ONEOK to Participate in Citi Global Energy and Utilities Conference; 14/05/2018 – Hess at Citi Global Energy & Utilities Conference Tomorrow; 29/05/2018 – CITI: HIRED FROM AMAZON, PAYPAL TO BUILD NATIONAL ONLINE BANK

Nfc Investments Llc decreased its stake in Pico Holdings Inc (PICO) by 5.34% based on its latest 2018Q3 regulatory filing with the SEC. Nfc Investments Llc sold 33,752 shares as the company’s stock declined 18.19% with the market. The hedge fund held 598,612 shares of the real estate company at the end of 2018Q3, valued at $7.51M, down from 632,364 at the end of the previous reported quarter. Nfc Investments Llc who had been investing in Pico Holdings Inc for a number of months, seems to be less bullish one the $215.54M market cap company. The stock increased 1.50% or $0.15 during the last trading session, reaching $10.13. About 86,430 shares traded. PICO Holdings, Inc. (NASDAQ:PICO) has declined 20.48% since January 12, 2018 and is downtrending. It has underperformed by 20.48% the S&P500. Some Historical PICO News: 12/03/2018 PICO Holdings, Inc. Announces Update on the Strategic Review and Board Changes; 12/03/2018 – PICO Holdings, Inc. Announces Update on the Strategic Review and Bd Changes; 19/04/2018 – DJ PICO Holdings Inc, Inst Holders, 1Q 2018 (PICO); 23/03/2018 – HK Bourse: Announcement From Pico Far East Holdings Ltd; 23/04/2018 – SPBID Improves Rider Experience at Pico Metro Station; 12/03/2018 – PICO HOLDINGS WAS APPROACHED BY A LARGE INSTITUTION; 21/03/2018 – Pico Selects Zayo for Global Network Backbone; 12/03/2018 – CORRECT: PICO HOLDINGS WILL CONTINUE CURRENT BUSINESS PLAN; 16/05/2018 – Van Den Berg Exits Position in Pico Holdings (Correct); 12/03/2018 – PICO Holdings Board Doesn’t Believe Interest From Invetors Would Provide Adequate Value

Investors sentiment increased to 1.21 in 2018 Q3. Its up 0.50, from 0.71 in 2018Q2. It increased, as 7 investors sold PICO shares while 22 reduced holdings. 11 funds opened positions while 24 raised stakes. 15.11 million shares or 2.82% less from 15.55 million shares in 2018Q2 were reported. Moreover, Dimensional Fund Advsr Limited Partnership has 0.01% invested in PICO Holdings, Inc. (NASDAQ:PICO). Kestrel Invest Mngmt Corp stated it has 0.68% of its portfolio in PICO Holdings, Inc. (NASDAQ:PICO). California State Teachers Retirement holds 0% or 31,774 shares. Stone Ridge Asset Management Ltd has 21,465 shares for 0.01% of their portfolio. D E Shaw has invested 0% in PICO Holdings, Inc. (NASDAQ:PICO). Royal Fincl Bank Of Canada reported 732 shares or 0% of all its holdings. The Belgium-based Kbc Grp Nv has invested 0.02% in PICO Holdings, Inc. (NASDAQ:PICO). Citadel Advsr Ltd has 0% invested in PICO Holdings, Inc. (NASDAQ:PICO) for 39,945 shares. Centaur Cap Limited Partnership stated it has 3.6% of its portfolio in PICO Holdings, Inc. (NASDAQ:PICO). Sheets Smith Wealth Mngmt has invested 0.05% in PICO Holdings, Inc. (NASDAQ:PICO). Wells Fargo Mn invested in 253,533 shares. Vanguard Grp stated it has 1.08 million shares. Renaissance Ltd Limited Liability Company owns 107,700 shares. First Foundation Advsr stated it has 995,389 shares. Citigroup holds 6,527 shares or 0% of its portfolio.

Since July 19, 2018, it had 0 buys, and 1 sale for $34,605 activity.

Seabridge Investment Advisors Llc, which manages about $689.24M and $390.55M US Long portfolio, upped its stake in Broadcom Inc. by 2,120 shares to 7,597 shares, valued at $1.87M in 2018Q3, according to the filing. It also increased its holding in Newell Brands Inc. (NYSE:NWL) by 36,571 shares in the quarter, for a total of 268,456 shares, and has risen its stake in Hanesbrands Inc. (NYSE:HBI).

Investors sentiment is 1.02 in 2018 Q3. Its the same as in 2018Q2. It has no change, as 52 investors sold C shares while 470 reduced holdings. only 122 funds opened positions while 410 raised stakes. 1.80 billion shares or 3.35% less from 1.86 billion shares in 2018Q2 were reported. Allsquare Wealth Mngmt Ltd Liability Co has 0.19% invested in Citigroup Inc. (NYSE:C) for 3,517 shares. 8,540 are held by Wellington Shields And Com Limited Liability Company. Hoertkorn Richard Charles owns 85,850 shares. Highbridge Management Ltd Liability Company holds 0.12% of its portfolio in Citigroup Inc. (NYSE:C) for 68,045 shares. 2.09M were reported by Swedbank. Godshalk Welsh Cap Mgmt owns 5,475 shares or 0.38% of their US portfolio. Oldfield Prns Llp reported 8% in Citigroup Inc. (NYSE:C). Trust Of Virginia Va reported 3,689 shares. First Hawaiian National Bank & Trust accumulated 67,986 shares or 0.25% of the stock. Moreover, Ellington Group Ltd has 0.13% invested in Citigroup Inc. (NYSE:C) for 6,900 shares. Davis Limited Liability Company reported 2.63% of its portfolio in Citigroup Inc. (NYSE:C). Rhumbline Advisers reported 4.29 million shares stake. Hanson Doremus Investment Management stated it has 0.18% in Citigroup Inc. (NYSE:C). 395,418 were reported by Sg Americas. Advisors Ltd Liability Corporation holds 227,843 shares.

Among 40 analysts covering Citigroup Inc. (NYSE:C), 25 have Buy rating, 2 Sell and 13 Hold. Therefore 63% are positive. Citigroup Inc. had 134 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Friday, October 13 by RBC Capital Markets. RBC Capital Markets maintained it with “Buy” rating and $75.0 target in Friday, August 18 report. On Tuesday, October 3 the stock rating was maintained by Keefe Bruyette & Woods with “Buy”. On Friday, October 13 the stock rating was maintained by Buckingham Research with “Buy”. As per Monday, October 19, the company rating was maintained by Macquarie Research. Vetr downgraded the stock to “Hold” rating in Thursday, August 6 report. The stock has “Buy” rating by Sandler O’Neill on Tuesday, January 16. On Friday, August 28 the stock rating was upgraded by Guggenheim to “Buy”. RBC Capital Markets maintained the stock with “Buy” rating in Thursday, June 22 report. The firm earned “Hold” rating on Tuesday, October 31 by Raymond James.

More notable recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Citigroup’s Earnings Could Be A Good Thermometer – Seeking Alpha” on December 21, 2018, also Benzinga.com with their article: “Barclays Constructive On US Large-Cap Bank Stocks Ahead Of Earnings Reports – Benzinga” published on January 11, 2019, Seekingalpha.com published: “Bullish Momentum Moving Into Citigroup’s Stock – Seeking Alpha” on December 31, 2018. More interesting news about Citigroup Inc. (NYSE:C) were released by: Streetinsider.com and their article: “Wall Street’s five-day rally flickers out as earnings near – StreetInsider.com” published on January 11, 2019 as well as Benzinga.com‘s news article titled: “Are Big Banks A Buy Before Earnings Season? – Benzinga” with publication date: January 10, 2019.

Citigroup Inc. (NYSE:C) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.