Three Corner Global Investors LP Decreased By $4.90 Million Its Citigroup (C) Stake; Arch Capital Group LTD. (ACGL) Shorts Decreased By 2.01%

February 24, 2018 - By Pete Kolinski

Arch Capital Group LTD. (NASDAQ:ACGL) had a decrease of 2.01% in short interest. ACGL’s SI was 2.62 million shares in February as released by FINRA. Its down 2.01% from 2.68 million shares previously. With 512,500 avg volume, 5 days are for Arch Capital Group LTD. (NASDAQ:ACGL)’s short sellers to cover ACGL’s short positions. The SI to Arch Capital Group LTD.’s float is 2.02%. The stock increased 0.05% or $0.04 during the last trading session, reaching $87.98. About 294,765 shares traded. Arch Capital Group Ltd. (NASDAQ:ACGL) has risen 33.14% since February 24, 2017 and is uptrending. It has outperformed by 16.44% the S&P500.

Three Corner Global Investors Lp decreased Citigroup Inc (C) stake by 12.84% reported in 2017Q3 SEC filing. Three Corner Global Investors Lp sold 68,100 shares as Citigroup Inc (C)’s stock rose 1.55%. The Three Corner Global Investors Lp holds 462,200 shares with $33.62M value, down from 530,300 last quarter. Citigroup Inc now has $198.08B valuation. The stock increased 1.06% or $0.81 during the last trading session, reaching $77.08. About 12.48 million shares traded. Citigroup Inc. (NYSE:C) has risen 35.60% since February 24, 2017 and is uptrending. It has outperformed by 18.90% the S&P500.

Analysts await Citigroup Inc. (NYSE:C) to report earnings on April, 12. They expect $1.61 EPS, up 18.38% or $0.25 from last year’s $1.36 per share. C’s profit will be $4.14B for 11.97 P/E if the $1.61 EPS becomes a reality. After $1.28 actual EPS reported by Citigroup Inc. for the previous quarter, Wall Street now forecasts 25.78% EPS growth.

Investors sentiment increased to 1.35 in Q3 2017. Its up 0.25, from 1.1 in 2017Q2. It is positive, as 56 investors sold C shares while 400 reduced holdings. 125 funds opened positions while 492 raised stakes. 2.04 billion shares or 0.42% more from 2.03 billion shares in 2017Q2 were reported. Brinker Cap invested in 0.29% or 96,416 shares. Sumitomo Life Insur reported 85,671 shares stake. 16,023 are held by North American Mgmt. Jackson Wealth Mgmt Lc reported 22,250 shares. Narwhal Mgmt has invested 2.11% of its portfolio in Citigroup Inc. (NYSE:C). Private Trust Company Na holds 0.15% of its portfolio in Citigroup Inc. (NYSE:C) for 9,482 shares. 105,813 are owned by Northpointe Cap Ltd Llc. Coldstream Capital has invested 0.04% in Citigroup Inc. (NYSE:C). 12,769 were reported by Vnbtrust National Association. Pub Employees Retirement Sys Of Ohio stated it has 0.88% in Citigroup Inc. (NYSE:C). Bb&T Limited Liability Company owns 311,968 shares. 125,900 are held by Crystal Rock Capital Mgmt. Mayo Invest Advisers Limited Liability holds 159,835 shares or 5.34% of its portfolio. Paloma Prtnrs Mgmt holds 123,170 shares or 0.12% of its portfolio. Moreover, Owl Creek Asset Management Lp has 6.9% invested in Citigroup Inc. (NYSE:C).

Three Corner Global Investors Lp increased Marcus & Millichap Inc (NYSE:MMI) stake by 101,600 shares to 479,687 valued at $12.95 million in 2017Q3. It also upped Lpl Finl Hldgs Inc (NASDAQ:LPLA) stake by 37,505 shares and now owns 669,893 shares. Pjt Partners Inc was raised too.

Among 40 analysts covering Citigroup Inc. (NYSE:C), 19 have Buy rating, 3 Sell and 18 Hold. Therefore 48% are positive. Citigroup Inc. had 116 analyst reports since July 21, 2015 according to SRatingsIntel. UBS maintained Citigroup Inc. (NYSE:C) rating on Friday, October 16. UBS has “Buy” rating and $62 target. The rating was maintained by Macquarie Research with “Outperform” on Monday, October 19. Oppenheimer maintained Citigroup Inc. (NYSE:C) on Thursday, July 20 with “Buy” rating. The company was upgraded on Friday, August 28 by Guggenheim. On Monday, August 24 the stock rating was upgraded by Vetr to “Hold”. The firm earned “Neutral” rating on Friday, November 18 by Macquarie Research. CLSA maintained Citigroup Inc. (NYSE:C) on Friday, September 23 with “Buy” rating. As per Monday, October 9, the company rating was downgraded by Stifel Nicolaus. The firm has “Sector Perform” rating by Portales Partners given on Thursday, January 7. The company was maintained on Wednesday, January 17 by Wells Fargo.

Since September 7, 2017, it had 1 insider buy, and 6 sales for $13.46 million activity. $3.78M worth of Arch Capital Group Ltd. (NASDAQ:ACGL) was sold by Papadopoulo Nicolas. 10,000 Arch Capital Group Ltd. (NASDAQ:ACGL) shares with value of $237,997 were bought by IORDANOU CONSTANTINE. 5,500 shares were sold by Lyons Mark Donald, worth $506,241. 3,500 shares valued at $329,866 were sold by Rippert Andrew on Thursday, September 7. 5,921 shares were sold by PETRILLO LOUIS T, worth $539,212.

Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.19, from 1.22 in 2017Q2. It fall, as 38 investors sold Arch Capital Group Ltd. shares while 81 reduced holdings. 26 funds opened positions while 96 raised stakes. 102.75 million shares or 3.97% more from 98.82 million shares in 2017Q2 were reported. Hightower Advsr Ltd Liability Corp reported 8,785 shares or 0.01% of all its holdings. D E Shaw And Commerce owns 117,050 shares. Trust Company Of Vermont holds 0.01% or 900 shares in its portfolio. Neuberger Berman Grp Inc Llc stated it has 2,750 shares or 0% of all its holdings. Caisse De Depot Et Placement Du Quebec has 20,900 shares for 0% of their portfolio. Dekabank Deutsche Girozentrale holds 0.02% or 26,678 shares in its portfolio. Geode Mgmt Lc stated it has 1.16M shares or 0.04% of all its holdings. Eulav Asset Mgmt reported 205,100 shares. New York-based Silvercrest Asset Management Limited Company has invested 0.01% in Arch Capital Group Ltd. (NASDAQ:ACGL). Moreover, Dnb Asset Mngmt As has 0.02% invested in Arch Capital Group Ltd. (NASDAQ:ACGL). Amp Cap Investors stated it has 0.03% in Arch Capital Group Ltd. (NASDAQ:ACGL). Prudential reported 0% in Arch Capital Group Ltd. (NASDAQ:ACGL). Sandy Spring Bancshares holds 0% of its portfolio in Arch Capital Group Ltd. (NASDAQ:ACGL) for 100 shares. Rafferty Asset Mngmt Limited Co stated it has 0.05% in Arch Capital Group Ltd. (NASDAQ:ACGL). Citadel Advsr Limited Com invested in 46,011 shares or 0% of the stock.

Among 15 analysts covering Arch Capital (NASDAQ:ACGL), 6 have Buy rating, 1 Sell and 8 Hold. Therefore 40% are positive. Arch Capital had 43 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Buy” rating by RBC Capital Markets given on Monday, July 10. Wood maintained the stock with “Market Perform” rating in Monday, July 11 report. The rating was downgraded by Macquarie Research on Tuesday, January 19 to “Neutral”. Barclays Capital downgraded it to “Equal-Weight” rating and $85 target in Thursday, September 15 report. The stock of Arch Capital Group Ltd. (NASDAQ:ACGL) earned “Underperform” rating by Bank of America on Friday, October 30. The rating was maintained by Wells Fargo with “Hold” on Tuesday, June 6. Wells Fargo maintained the shares of ACGL in report on Tuesday, June 13 with “Hold” rating. Wood maintained Arch Capital Group Ltd. (NASDAQ:ACGL) on Wednesday, August 17 with “Market Perform” rating. The stock of Arch Capital Group Ltd. (NASDAQ:ACGL) earned “Hold” rating by Keefe Bruyette & Woods on Friday, August 11. The firm has “Outperform” rating given on Friday, July 31 by RBC Capital Markets.

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