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Private Wealth Advisors Cut United Technologies (UTX) Holding; Convergence Investment Partners Lifted Citigroup (C … – Hillary HQ (press release)

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July 13, 2018 – By Catherine Smith

Citigroup Inc. (NYSE:C) Logo

Private Wealth Advisors Inc decreased United Technologies Corp (UTX) stake by 10.27% reported in 2018Q1 SEC filing. Private Wealth Advisors Inc sold 2,469 shares as United Technologies Corp (UTX)’s stock declined 6.23%. The Private Wealth Advisors Inc holds 21,568 shares with $2.71 million value, down from 24,037 last quarter. United Technologies Corp now has $103.54 billion valuation. The stock increased 1.63% or $2.07 during the last trading session, reaching $129.42. About 4.00 million shares traded or 1.90% up from the average. United Technologies Corporation (NYSE:UTX) has risen 3.91% since July 13, 2017 and is uptrending. It has underperformed by 8.66% the S&P500. Some Historical UTX News: 04/05/2018 – Activist Third Point Pushes for Breakup of United Technologies; 04/05/2018 – UNITED TECHNOLOGIES SAYS DISAGREES WITH SEVERAL OF ASSERTIONS CONTAINED IN THIRD POINT LETTER; 15/05/2018 – Arrowgrass Adds Booking, Exits United Technologies: 13F; 23/05/2018 – United Technologies to Invest More Than $15B in R&D, CapEx in U.S. Over Next Five Years; 23/03/2018 – United Technologies Wins $239.7 Million U.S. Navy Contract; 26/03/2018 – UNITED TECHNOLOGIES, THIRD POINT GRANTED HSR EARLY TERMINATION; 18/05/2018 – UTC Climate, Controls & Security Signs Definitive Agreement to Sell Taylor Co; 11/04/2018 – Pratt & Whitney Grows Geared Turbofan™ Engine Repair Supplier Network; 15/05/2018 – Pershing Square Adds United Technologies, Exits Nike: 13F; 26/03/2018 – Loeb Joins Ackman in United Technologies as CEO Weighs Breakup

Convergence Investment Partners Llc increased Citigroup Inc (C) stake by 19.2% reported in 2018Q1 SEC filing. Convergence Investment Partners Llc acquired 20,498 shares as Citigroup Inc (C)’s stock declined 11.86%. The Convergence Investment Partners Llc holds 127,255 shares with $8.59M value, up from 106,757 last quarter. Citigroup Inc now has $170.81B valuation. The stock decreased 2.23% or $1.525 during the last trading session, reaching $66.985. About 31.39 million shares traded or 93.19% up from the average. Citigroup Inc. (NYSE:C) has risen 10.48% since July 13, 2017 and is uptrending. It has underperformed by 2.09% the S&P500. Some Historical C News: 25/04/2018 – EVO PAYMENTS INC SAYS J.P. MORGAN, BOFA MERRILL LYNCH, CITIGROUP ARE AMONG UNDERWRITERS TO IPO; 24/04/2018 – CITIGROUP WILL CONSIDER HAVING CORBAT TAKE ON CHAIRMAN ROLE; 17/05/2018 – EGYPT’S BANQUE MISR HIRES CITIGROUP FOR $500 MLN LOAN; 23/05/2018 – MDC Partners at Citi SMID Conference – One-on-One Jun 7; 15/05/2018 – Olin Presenting at Citi SMID Conference Jun 6; 22/05/2018 – Race for Asia’s Top Research Provider Tightens as Morgan Stanley and Citi Claim Top Honors on Institutional Investor’s All-; 19/03/2018 – GUIDANCE: Freddie Mac SPI1 CRT RMBS via BofAML/Citigroup; 17/05/2018 – Egypt’s Banque Misr hires Citi for $500 mln loan; 23/03/2018 – Moody’s Assigns P-2 Rating To Note Of Citigroup Global Markets Holdings Inc; 10/05/2018 – PHARMACEUTICALS : CITIGROUP SAYS PREFER BUY-RATED MERCK, BRISTOL-MYERS AND ELI LILLY IN THE US

Since February 27, 2018, it had 0 insider purchases, and 7 sales for $5.91 million activity. Gerspach John C sold $542,920 worth of stock or 7,000 shares. 3,400 shares valued at $263,126 were sold by MURRAY JOSEPH MICHAEL on Tuesday, February 27. 7,000 shares were sold by Callahan Don, worth $536,410. On Tuesday, February 27 Fraser Jane Nind sold $2.51M worth of Citigroup Inc. (NYSE:C) or 32,400 shares. $611,804 worth of Citigroup Inc. (NYSE:C) was sold by Hu W. Bradford. Shares for $500,666 were sold by Forese James A..

More notable recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Citigroup Earnings: Not That Much To Celebrate” on July 13, 2018, also Seekingalpha.com with their article: “Citigroup Inc. 2018 Q1 – Results – Earnings Call Slides” published on July 13, 2018, Fool.com published: “Citigroup Earnings: A Mix of Good News and Disappointments” on July 13, 2018. More interesting news about Citigroup Inc. (NYSE:C) were released by: Seekingalpha.com and their article: “Banks lead group of expected dividend hikers next week” published on July 13, 2018 as well as Seekingalpha.com‘s news article titled: “Wall Street Breakfast: Bank Earnings On The Radar” with publication date: July 13, 2018.

Investors sentiment decreased to 0.89 in Q1 2018. Its down 0.18, from 1.07 in 2017Q4. It is negative, 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. Consolidated Investment Grp Limited Liability Company accumulated 73,742 shares. Scott & Selber holds 38,632 shares. Nwq Management Limited has invested 2.02% of its portfolio in Citigroup Inc. (NYSE:C). Moreover, Brown Brothers Harriman & has 0% invested in Citigroup Inc. (NYSE:C) for 4,480 shares. Icon Advisers Communications owns 0.24% invested in Citigroup Inc. (NYSE:C) for 46,300 shares. Captrust Fin Advisors invested in 30,152 shares. Mai Cap invested in 134,562 shares or 0.52% of the stock. Vaughan Nelson Management LP owns 973,785 shares or 0.8% of their US portfolio. 83,696 are owned by First Citizens Bankshares &. Ledyard Bank has invested 0.02% in Citigroup Inc. (NYSE:C). Cna Finance has invested 2.88% in Citigroup Inc. (NYSE:C). 47,655 were accumulated by Murphy Pohlad Asset Management Lc. Advsr Capital Limited Com, New Jersey-based fund reported 208,628 shares. Moreover, Cullen Cap Management Ltd Liability Com has 0.04% invested in Citigroup Inc. (NYSE:C). Allsquare Wealth Mngmt Ltd Co has invested 0.15% in Citigroup Inc. (NYSE:C).

Among 15 analysts covering Citigroup (NYSE:C), 10 have Buy rating, 0 Sell and 5 Hold. Therefore 67% are positive. Citigroup had 19 analyst reports since January 17, 2018 according to SRatingsIntel. The company was upgraded on Friday, April 6 by Vining Sparks. Jefferies maintained the shares of C in report on Tuesday, January 16 with “Hold” rating. Keefe Bruyette & Woods maintained the shares of C in report on Wednesday, April 4 with “Hold” rating. On Sunday, April 15 the stock rating was maintained by Jefferies with “Hold”. The company was downgraded on Tuesday, January 16 by Keefe Bruyette & Woods. The rating was maintained by Wells Fargo on Wednesday, January 17 with “Buy”. The company was upgraded on Wednesday, June 20 by Deutsche Bank. Oppenheimer maintained the stock with “Buy” rating in Monday, March 26 report. On Wednesday, April 11 the stock rating was upgraded by HSBC to “Buy”. As per Tuesday, January 16, the company rating was maintained by Sandler O’Neill.

Convergence Investment Partners Llc decreased Cadence Design System Inc (NASDAQ:CDNS) stake by 9,553 shares to 378 valued at $14,000 in 2018Q1. It also reduced Spartannash Co (NASDAQ:SPTN) stake by 18,191 shares and now owns 844 shares. Netapp Inc (NASDAQ:NTAP) was reduced too.

Analysts await United Technologies Corporation (NYSE:UTX) to report earnings on July, 24. They expect $1.84 earnings per share, down 0.54% or $0.01 from last year’s $1.85 per share. UTX’s profit will be $1.47 billion for 17.58 P/E if the $1.84 EPS becomes a reality. After $1.77 actual earnings per share reported by United Technologies Corporation for the previous quarter, Wall Street now forecasts 3.95% EPS growth.

Investors sentiment increased to 0.94 in 2018 Q1. Its up 0.02, from 0.92 in 2017Q4. It increased, as 62 investors sold UTX shares while 542 reduced holdings. 98 funds opened positions while 467 raised stakes. 630.65 million shares or 1.06% more from 624.06 million shares in 2017Q4 were reported. Rbf Capital Lc reported 2,500 shares or 0.04% of all its holdings. Renaissance Technology Limited Liability Co has invested 0.13% in United Technologies Corporation (NYSE:UTX). Edgemoor Inv Advisors invested in 0.03% or 1,840 shares. Fisher Asset Mgmt Limited Liability Company reported 4.12M shares. King Wealth reported 0.14% of its portfolio in United Technologies Corporation (NYSE:UTX). Tradewinds Capital Mgmt Llc has 0.01% invested in United Technologies Corporation (NYSE:UTX) for 165 shares. Moreover, Inverness Counsel Limited New York has 0.09% invested in United Technologies Corporation (NYSE:UTX). Whittier Communications Of Nevada Inc has 0.46% invested in United Technologies Corporation (NYSE:UTX). Argi Inv Serv Ltd Liability Corp stated it has 2,817 shares or 0.02% of all its holdings. Dimensional Fund Advsr LP reported 0.16% of its portfolio in United Technologies Corporation (NYSE:UTX). Blackrock Inc has invested 0.28% in United Technologies Corporation (NYSE:UTX). Dodge & Cox has invested 0% in United Technologies Corporation (NYSE:UTX). Moreover, Pnc Gp has 0.39% invested in United Technologies Corporation (NYSE:UTX) for 3.18 million shares. Autus Asset Mngmt Limited Co reported 2,925 shares stake. Ogorek Anthony Joseph Ny Adv reported 0% in United Technologies Corporation (NYSE:UTX).

Among 12 analysts covering United Technologies Corp (NYSE:UTX), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. United Technologies Corp had 18 analyst reports since January 22, 2018 according to SRatingsIntel. The stock of United Technologies Corporation (NYSE:UTX) has “Overweight” rating given on Monday, February 26 by Barclays Capital. The company was maintained on Tuesday, January 23 by RBC Capital Markets. The rating was maintained by Cowen & Co with “Hold” on Monday, January 22. Argus Research upgraded United Technologies Corporation (NYSE:UTX) rating on Friday, February 9. Argus Research has “Buy” rating and $150.0 target. The rating was maintained by RBC Capital Markets with “Buy” on Friday, April 6. The company was maintained on Thursday, February 15 by Stifel Nicolaus. The firm has “Hold” rating given on Thursday, January 25 by Stifel Nicolaus. The firm has “Overweight” rating given on Friday, June 15 by Morgan Stanley. Stifel Nicolaus maintained United Technologies Corporation (NYSE:UTX) on Tuesday, April 24 with “Hold” rating. On Tuesday, May 8 the stock rating was upgraded by Daiwa Securities to “Outperform”.

Since February 22, 2018, it had 1 buying transaction, and 5 sales for $2.57 million activity. $803,037 worth of United Technologies Corporation (NYSE:UTX) shares were sold by JOHRI AKHIL. 419 United Technologies Corporation (NYSE:UTX) shares with value of $56,034 were sold by Bailey Robert J.. Reynolds Fredric G had bought 9,000 shares worth $1.09 million on Friday, April 27. On Tuesday, May 22 the insider Gill Charles D sold $1.25M. $1.28M worth of stock was sold by MCDONOUGH ROBERT J on Wednesday, May 2.

More news for United Technologies Corporation (NYSE:UTX) were recently published by: Fool.com, which released: “3 Reasons to Buy United Technologies Stock” on July 13, 2018. Seekingalpha.com‘s article titled: “Which Stocks Are Immune To Trade War? – Cramer’s Mad Money (7/11/18)” and published on July 12, 2018 is yet another important article.

Citigroup Inc. (NYSE:C) Institutional Positions Chart

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