As Citigroup (C) Stock Price Declined, Shareholder Owl Creek Asset Management LP Has Lowered Its Stake by $60.24 Million; Spirit Aerosystems (SPR) Shareholder Bryn Mawr Trust Company Raised Its Holding by $1.31 Million

April 26, 2018 - By Louis Casey

Citigroup Inc. (NYSE:C) Logo

Bryn Mawr Trust Company increased its stake in Spirit Aerosystems (SPR) by 30.43% based on its latest 2017Q4 regulatory filing with the SEC. Bryn Mawr Trust Company bought 15,113 shares as the company’s stock declined 3.86% with the market. The institutional investor held 64,771 shares of the capital goods company at the end of 2017Q4, valued at $5.65M, up from 49,658 at the end of the previous reported quarter. Bryn Mawr Trust Company who had been investing in Spirit Aerosystems for a number of months, seems to be bullish on the $9.25 billion market cap company. The stock increased 2.37% or $1.87 during the last trading session, reaching $80.73. About 888,945 shares traded. Spirit AeroSystems Holdings, Inc. (NYSE:SPR) has risen 46.91% since April 26, 2017 and is uptrending. It has outperformed by 35.36% the S&P500.

Jeffrey Altman decreased its stake in Citigroup Inc (C) by 47.79% based on its latest 2017Q4 regulatory filing with the SEC. Owl Creek Asset Management Lp sold 814,013 shares as the company’s stock declined 9.55% with the market. The hedge fund run by Jeffrey Altman held 889,231 shares of the major banks company at the end of 2017Q4, valued at $66.17 million, down from 1.70M at the end of the previous reported quarter. Owl Creek Asset Management Lp who had been investing in Citigroup Inc for a number of months, seems to be less bullish one the $177.22B market cap company. The stock increased 0.20% or $0.14 during the last trading session, reaching $69.5. About 8.92M shares traded. Citigroup Inc. (NYSE:C) has risen 17.06% since April 26, 2017 and is uptrending. It has outperformed by 5.51% the S&P500.

Since February 27, 2018, it had 0 insider buys, and 6 sales for $4.97 million activity. Another trade for 8,010 shares valued at $611,804 was made by Hu W. Bradford on Tuesday, February 27. Another trade for 7,000 shares valued at $536,410 was made by Callahan Don on Wednesday, February 28. MURRAY JOSEPH MICHAEL had sold 3,400 shares worth $263,126. $2.51M worth of Citigroup Inc. (NYSE:C) was sold by Fraser Jane Nind. Shares for $500,666 were sold by Forese James A. on Tuesday, February 27.

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.28, from 1.35 in 2017Q3. It dived, as 58 investors sold C shares while 480 reduced holdings. 123 funds opened positions while 450 raised stakes. 1.99 billion shares or 2.45% less from 2.04 billion shares in 2017Q3 were reported. British Columbia Management reported 1.39 million shares. Terril Brothers holds 6.5% or 283,658 shares in its portfolio. Connor Clark & Lunn Inv invested in 540,850 shares. Wall Street Access Asset Limited reported 1.15% of its portfolio in Citigroup Inc. (NYSE:C). Richard Bernstein Advsrs Limited Liability holds 140,069 shares or 0.46% of its portfolio. Sterling Cap Management Ltd Llc has 4,340 shares for 0% of their portfolio. Tarbox Family Office reported 5,594 shares. Clearbridge Invests Limited reported 6.32M shares. 11,130 were reported by Wellington Shields Capital Lc. Lakewood Mgmt Lp invested in 1.65M shares. Wells Fargo And Company Mn holds 13.15M shares. Regal Invest Advisors Ltd Limited Liability Company, a Michigan-based fund reported 5,307 shares. Numeric Investors Limited Liability Co holds 2.01% or 3.71 million shares. Exchange Management holds 0.09% of its portfolio in Citigroup Inc. (NYSE:C) for 3,430 shares. Delta Cap Management Llc invested in 3.99% or 86,061 shares.

Among 40 analysts covering Citigroup Inc. (NYSE:C), 23 have Buy rating, 2 Sell and 15 Hold. Therefore 58% are positive. Citigroup Inc. had 124 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Citigroup Inc. (NYSE:C) earned “Market Perform” rating by BMO Capital Markets on Friday, October 13. The stock has “Hold” rating by Jefferies on Monday, November 28. The firm earned “Hold” rating on Tuesday, August 25 by Zacks. Renaissance Macro Securities LLC maintained it with “Buy” rating and $8000 target in Sunday, July 16 report. Morgan Stanley maintained the shares of C in report on Thursday, March 15 with “Overweight” rating. The company was downgraded on Tuesday, January 5 by KeyBanc Capital Markets. The firm has “Neutral” rating by Credit Suisse given on Monday, December 21. As per Friday, August 28, the company rating was upgraded by Guggenheim. Keefe Bruyette & Woods maintained Citigroup Inc. (NYSE:C) rating on Monday, September 18. Keefe Bruyette & Woods has “Buy” rating and $75.0 target. The stock has “Buy” rating by Keefe Bruyette & Woods on Tuesday, December 12.

Analysts await Citigroup Inc. (NYSE:C) to report earnings on July, 13. They expect $1.58 earnings per share, up 24.41% or $0.31 from last year’s $1.27 per share. C’s profit will be $4.03 billion for 11.00 P/E if the $1.58 EPS becomes a reality. After $1.68 actual earnings per share reported by Citigroup Inc. for the previous quarter, Wall Street now forecasts -5.95% negative EPS growth.

Investors sentiment increased to 1.19 in Q4 2017. Its up 0.10, from 1.09 in 2017Q3. It is positive, as 38 investors sold SPR shares while 102 reduced holdings. 69 funds opened positions while 97 raised stakes. 108.59 million shares or 0.93% less from 109.62 million shares in 2017Q3 were reported. Fifth Third Bank holds 0% or 1,767 shares. One Trading LP holds 3,000 shares. Commercial Bank Of Mellon invested in 0.03% or 1.28M shares. Moreover, Credit Suisse Ag has 0.03% invested in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). Legal General Grp Public Limited Co invested 0.01% of its portfolio in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). Hbk Lp accumulated 39,000 shares. Bokf Na has 34,918 shares. Cap Finance Advisers Limited Company has 0.01% invested in Spirit AeroSystems Holdings, Inc. (NYSE:SPR) for 12,423 shares. Cibc World Markets stated it has 89,200 shares or 0.06% of all its holdings. Prescott Group Capital Mgmt Limited Liability reported 42,000 shares. Point72 Asset Mngmt Ltd Partnership reported 67,211 shares or 0.03% of all its holdings. Lpl Finance Llc has invested 0% in Spirit AeroSystems Holdings, Inc. (NYSE:SPR). Wedge Management L LP Nc accumulated 729,881 shares. Bridgeway Capital Management Incorporated holds 881,670 shares or 0.83% of its portfolio. Whittier Comm reported 4,066 shares or 0.01% of all its holdings.

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