As Citigroup (C) Stock Price Declined, Holder Omega Advisors Cut Its Stake; Lam Research (LRCX) Market Valuation Rose While Marlowe Partners LP Has Cut by $5.43 Million Its Stake

Citigroup Inc. (NYSE:C) Logo

Omega Advisors Inc decreased its stake in Citigroup Inc (C) by 15.82% based on its latest 2018Q4 regulatory filing with the SEC. Omega Advisors Inc sold 143,900 shares as the company’s stock declined 2.79% while stock markets rallied. The hedge fund held 765,600 shares of the major banks company at the end of 2018Q4, valued at $39.86 million, down from 909,500 at the end of the previous reported quarter. Omega Advisors Inc who had been investing in Citigroup Inc for a number of months, seems to be less bullish one the $154.10 billion market cap company. The stock increased 0.49% or $0.32 during the last trading session, reaching $65.84. About 6.08 million shares traded. Citigroup Inc. (NYSE:C) has declined 13.45% since April 11, 2018 and is downtrending. It has underperformed by 17.82% the S&P500. Some Historical C News: 25/05/2018 – U.K. YouGov Citi May Inflation Expectations (Table); 15/03/2018 – RPT-CITIGROUP INC – CREDIT CARD CHARGE-OFFS 2.57 PCT IN FEBRUARY VS 2.17 PCT IN JANUARY – SEC FILING; 22/05/2018 – Race for Asia’s Top Research Provider Tightens as Morgan Stanley and Citi Claim Top Honors on Institutional lnvestor’s All-Asia Research Team Survey; 17/04/2018 – GLOBAL PHARMACEUTICALS : CITIGROUP PREFERS BUY RATED MERCK & CO, BRISTOL-MYERS SQUIBB AND ELI LILLY IN THE US; 13/04/2018 – Citigroup’s Corbat: 1Q Shows Strength, Balance Across Franchise; 01/05/2018 – MUBADALA SAID TO PICK BOFA, CITI, MS, SANTANDER FOR CEPSA IPO; 22/05/2018 – NEXT BANXICO POLICY MOVE SEEN AS +25 BPS, CITI SURVEY SHOWS; 23/04/2018 – Mayo Says Gary Cohn Should Be Citi’s Next Chairman (Video); 20/04/2018 – NEXT BANXICO POLICY MOVE SEEN AS -25BPS, CITI SURVEY SHOWS; 06/03/2018 – Citigroup, Zurich Insurance consortium to develop cyber security norms – FT

Marlowe Partners Lp decreased its stake in Lam Research Corp (LRCX) by 17.07% based on its latest 2018Q4 regulatory filing with the SEC. Marlowe Partners Lp sold 39,908 shares as the company’s stock rose 15.56% with the market. The institutional investor held 193,857 shares of the industrial machinery and components company at the end of 2018Q4, valued at $26.40 million, down from 233,765 at the end of the previous reported quarter. Marlowe Partners Lp who had been investing in Lam Research Corp for a number of months, seems to be less bullish one the $29.29B market cap company. The stock increased 0.56% or $1.08 during the last trading session, reaching $191.92. About 697,250 shares traded. Lam Research Corporation (NASDAQ:LRCX) has declined 6.47% since April 11, 2018 and is downtrending. It has underperformed by 10.84% the S&P500. Some Historical LRCX News: 21/05/2018 – Lam Research Presenting at Bank of America Conference Jun 6; 06/03/2018 – Lam Research Corp Announces Cap Return Program; 17/04/2018 – Lam Research Beats Revenue, EPS Expectations– Earnings Review; 15/05/2018 – Lam and KLA Will Keep Enjoying Memory-Chip Craze, Says Cowen — Barron’s Blog; 06/03/2018 Lam Research Corporation Announces Capital Return Program; 27/03/2018 – LAM RESEARCH CORP LRCX.O : MIZUHO STARTS WITH BUY; TARGET PRICE $250; 17/04/2018 – Lam Research Sees 4Q EPS $4.77; 17/04/2018 – Lam Research 3Q Net $778.8M; 17/04/2018 – LAM RESEARCH SEES 4Q ADJ. EPS $5 +/- 20C, EST. $4.69; 17/04/2018 – LAM RESEARCH CORP QTRLY SHIPMENTS OF $3.13 BLN AND REVENUE OF $2.89 BLN

Analysts await Citigroup Inc. (NYSE:C) to report earnings on April, 12. They expect $1.83 EPS, up 8.93% or $0.15 from last year’s $1.68 per share. C’s profit will be $4.28 billion for 8.99 P/E if the $1.83 EPS becomes a reality. After $1.61 actual EPS reported by Citigroup Inc. for the previous quarter, Wall Street now forecasts 13.66% EPS growth.

Investors sentiment decreased to 0.66 in 2018 Q4. Its down 0.36, from 1.02 in 2018Q3. It turned negative, as 130 investors sold C shares while 533 reduced holdings. 112 funds opened positions while 325 raised stakes. 1.78 billion shares or 0.99% less from 1.80 billion shares in 2018Q3 were reported. Quaker Invests Limited Liability Corp holds 6.06% of its portfolio in Citigroup Inc. (NYSE:C) for 278,255 shares. Asset Strategies holds 1.02% of its portfolio in Citigroup Inc. (NYSE:C) for 71,668 shares. Hbk Sorce Advisory Llc has 10,645 shares for 0.06% of their portfolio. Deutsche Bancshares Ag holds 0.42% of its portfolio in Citigroup Inc. (NYSE:C) for 11.36 million shares. 7,413 are held by Ironwood Ltd Company. Etrade Capital Mngmt Lc accumulated 55,270 shares. Corsair Capital Mngmt Limited Partnership stated it has 51,295 shares. Elm Ridge Ltd Liability Corporation invested in 2.81% or 91,286 shares. Ohio-based Foster Motley has invested 0.09% in Citigroup Inc. (NYSE:C). Capwealth Advisors Limited Liability Co reported 332,758 shares. Bowling Mngmt Ltd invested in 37,289 shares or 0.34% of the stock. Jpmorgan Chase And Company holds 30.70M shares or 0.37% of its portfolio. Kentucky Retirement holds 0.61% or 106,229 shares. Fisher Asset Mngmt Limited has 41,141 shares for 0% of their portfolio. Kempen Capital Nv invested in 0.01% or 1,770 shares.

More notable recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Citigroup sees corporate banking picking up, CFO says – Seeking Alpha” on March 12, 2019, also Benzinga.com with their article: “Boeing Company (The) (NYSE:BA), Bank of America Corporation (NYSE:BAC) – Market Digests Trade, Brexit News Ahead Of Bank Earnings Reports – Benzinga” published on April 11, 2019, Fool.com published: “3 Stocks That Survived Reverse Splits – The Motley Fool” on April 11, 2019. More interesting news about Citigroup Inc. (NYSE:C) were released by: Seekingalpha.com and their article: “Citigroup expands into consumer-to-merchant digital payments – Seeking Alpha” published on March 26, 2019 as well as Seekingalpha.com‘s news article titled: “Citigroup: The Only Big Bank I Wouldn’t Buy – Seeking Alpha” with publication date: March 12, 2019.

Since February 13, 2019, it had 0 buys, and 2 selling transactions for $791,051 activity. Hu W. Bradford sold $348,343 worth of Citigroup Inc. (NYSE:C) on Thursday, February 14.

Investors sentiment decreased to 0.75 in Q4 2018. Its down 0.02, from 0.77 in 2018Q3. It turned negative, as 65 investors sold LRCX shares while 265 reduced holdings. 79 funds opened positions while 169 raised stakes. 146.47 million shares or 9.84% more from 133.35 million shares in 2018Q3 were reported. Ledyard Bancorporation reported 1 shares. Proshare Limited Liability reported 126,175 shares. Bluecrest Capital Mgmt Ltd accumulated 5,342 shares. Strs Ohio has invested 0.03% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Century owns 663,872 shares or 0.1% of their US portfolio. Monetary Mngmt Grp Inc Inc holds 0.82% of its portfolio in Lam Research Corporation (NASDAQ:LRCX) for 13,365 shares. 1 are owned by Maplelane Cap Ltd Liability Company. Franklin Resources reported 3.00M shares. Putnam Fl Mngmt Co holds 0.75% or 50,517 shares. Canada Pension Plan Inv Board stated it has 0.05% in Lam Research Corporation (NASDAQ:LRCX). Deroy Devereaux Private Investment Counsel holds 1.69% of its portfolio in Lam Research Corporation (NASDAQ:LRCX) for 107,512 shares. Employees Retirement System Of Texas reported 0.06% in Lam Research Corporation (NASDAQ:LRCX). Holderness holds 2,245 shares. Korea Corporation has invested 0.04% of its portfolio in Lam Research Corporation (NASDAQ:LRCX). Macquarie Gru invested 0% in Lam Research Corporation (NASDAQ:LRCX).

More notable recent Lam Research Corporation (NASDAQ:LRCX) news were published by: Nasdaq.com which released: “Lam Research (LRCX) Q4 Earnings and Revenues Beat Estimates – Nasdaq” on July 26, 2018, also Nasdaq.com with their article: “Lam Research (LRCX) Stock Moves -0.9%: What You Should Know – Nasdaq” published on December 21, 2018, Nasdaq.com published: “Notable Friday Option Activity: LRCX, UPWK, HSY – Nasdaq” on March 29, 2019. More interesting news about Lam Research Corporation (NASDAQ:LRCX) were released by: 247Wallst.com and their article: “Micron Earnings Surprise a Huge Positive for Top Semiconductor Equipment Stocks – 24/7 Wall St.” published on March 22, 2019 as well as Nasdaq.com‘s news article titled: “Ex-Dividend Reminder: FS KKR Capital, Seagate Technology and Lam Research – Nasdaq” with publication date: March 15, 2019.

Analysts await Lam Research Corporation (NASDAQ:LRCX) to report earnings on April, 16. They expect $3.38 EPS, down 29.44% or $1.41 from last year’s $4.79 per share. LRCX’s profit will be $515.75 million for 14.20 P/E if the $3.38 EPS becomes a reality. After $3.87 actual EPS reported by Lam Research Corporation for the previous quarter, Wall Street now forecasts -12.66% negative EPS growth.

Marlowe Partners Lp, which manages about $193.06M and $111.18M US Long portfolio, upped its stake in Playa Hotels & Resorts Nv by 133,695 shares to 2.96 million shares, valued at $21.26M in 2018Q4, according to the filing.

Lam Research Corporation (NASDAQ:LRCX) 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.