Nepsis Capital Management Cut Citigroup (C) Position By $961,752; Regent Investment Management Boosted Alibaba Group Hldg F Sponsored (BABA) Holding By $310,100

December 14, 2017 - By Kurt Siggers

Nepsis Capital Management Inc decreased Citigroup Inc (C) stake by 9.94% reported in 2017Q2 SEC filing. Nepsis Capital Management Inc sold 14,572 shares as Citigroup Inc (C)’s stock rose 1.55%. The Nepsis Capital Management Inc holds 132,015 shares with $8.83M value, down from 146,587 last quarter. Citigroup Inc now has $196.33 billion valuation. The stock decreased 1.18% or $0.885 during the last trading session, reaching $74.255. About 12.96M shares traded. Citigroup Inc. (NYSE:C) has risen 35.60% since December 14, 2016 and is uptrending. It has outperformed by 18.90% the S&P500.

Regent Investment Management Llc increased Alibaba Group Hldg F Sponsored (BABA) stake by 41.71% reported in 2017Q2 SEC filing. Regent Investment Management Llc acquired 2,215 shares as Alibaba Group Hldg F Sponsored (BABA)’s stock rose 22.58%. The Regent Investment Management Llc holds 7,525 shares with $1.06 million value, up from 5,310 last quarter. Alibaba Group Hldg F Sponsored now has $440.58 billion valuation. The stock decreased 2.70% or $4.76 during the last trading session, reaching $171.71. About 24.51M shares traded or 30.03% up from the average. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since December 14, 2016 and is uptrending. It has outperformed by 40.63% the S&P500.

Among 37 analysts covering Alibaba (NYSE:BABA), 35 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 156 analyst reports since August 12, 2015 according to SRatingsIntel. As per Friday, August 12, the company rating was maintained by Morgan Stanley. The firm earned “Buy” rating on Thursday, July 13 by Jefferies. Nomura maintained it with “Buy” rating and $137 target in Wednesday, August 12 report. The rating was maintained by SunTrust on Monday, November 13 with “Buy”. The rating was maintained by Deutsche Bank with “Buy” on Monday, June 12. The stock of Alibaba Group Holding Limited (NYSE:BABA) has “Outperform” rating given on Thursday, August 13 by RBC Capital Markets. The stock has “Buy” rating by Citigroup on Friday, August 12. M Partners maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Wednesday, August 23. M Partners has “Buy” rating and $220 target. The company was upgraded on Thursday, January 21 by Standpoint Research. On Tuesday, June 6 the stock rating was maintained by Jefferies with “Buy”.

Investors sentiment increased to 1.35 in Q2 2017. Its up 0.25, from 1.1 in 2017Q1. It is positive, as 67 investors sold C shares while 443 reduced holdings. 124 funds opened positions while 435 raised stakes. 2.03 billion shares or 1.74% more from 2.00 billion shares in 2017Q1 were reported. Invesco invested in 45.97M shares. First National Bank Of Omaha has 10,473 shares. Moreover, Sentinel Trust Lba has 1.24% invested in Citigroup Inc. (NYSE:C). Cordasco Financial Ntwk reported 36 shares. Bb&T Secs Ltd Liability holds 0.29% or 300,838 shares in its portfolio. Hilton Limited Liability invested in 3,500 shares or 0.04% of the stock. Huntington Bancorp owns 43,257 shares or 0.05% of their US portfolio. Hanson Mcclain Inc reported 927 shares. Ckw Fin Grp Inc accumulated 1,500 shares or 0.03% of the stock. Moreover, Randolph Inc has 1.83% invested in Citigroup Inc. (NYSE:C). Tctc Hldg Limited Liability owns 5,852 shares. B T Capital Mgmt Dba Alpha Capital Mgmt reported 5,227 shares stake. Texas-based Teacher Retirement Of Texas has invested 1.15% in Citigroup Inc. (NYSE:C). Ironwood Invest Management Ltd Limited Liability Company reported 0.15% stake. Deprince Race Zollo reported 15,000 shares stake.

Among 37 analysts covering Citigroup Inc. (NYSE:C), 19 have Buy rating, 3 Sell and 15 Hold. Therefore 51% are positive. Citigroup Inc. had 103 analyst reports since July 21, 2015 according to SRatingsIntel. Guggenheim upgraded the shares of C in report on Friday, August 28 to “Buy” rating. Zacks upgraded Citigroup Inc. (NYSE:C) rating on Tuesday, August 25. Zacks has “Hold” rating and $56 target. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Monday, September 18 report. BMO Capital Markets maintained the shares of C in report on Thursday, June 1 with “Buy” rating. The company was maintained on Friday, October 13 by Morgan Stanley. Oppenheimer maintained it with “Outperform” rating and $66.0 target in Tuesday, January 19 report. As per Monday, October 2, the company rating was maintained by Wells Fargo. Vertical Group initiated Citigroup Inc. (NYSE:C) on Tuesday, September 5 with “Buy” rating. On Tuesday, September 12 the stock rating was upgraded by Societe Generale to “Hold”. The company was maintained on Friday, October 13 by RBC Capital Markets.

Analysts await Citigroup Inc. (NYSE:C) to report earnings on January, 17. They expect $1.27 EPS, up 11.40% or $0.13 from last year’s $1.14 per share. C’s profit will be $3.36 billion for 14.62 P/E if the $1.27 EPS becomes a reality. After $1.42 actual EPS reported by Citigroup Inc. for the previous quarter, Wall Street now forecasts -10.56% negative EPS growth.

Since August 4, 2017, it had 0 insider purchases, and 2 sales for $3.05 million activity. On Friday, August 4 WALSH JEFFREY R sold $344,870 worth of Citigroup Inc. (NYSE:C) or 5,000 shares. Aristeguieta Francisco sold $2.70 million worth of stock.

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