Illinois Tool Works (ITW) Position Has Lifted by Ashmore Wealth Management Llc; Citigroup (C) Holder Seabridge Investment Advisors Has Trimmed Holding – The Moveefy


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Seabridge Investment Advisors Llc decreased its stake in Citigroup Inc. (C) by 7.04% based on its latest 2018Q3 regulatory filing with the SEC. Seabridge Investment Advisors Llc sold 10,177 shares as the company’s stock declined 18.04% with the market. The institutional investor held 134,303 shares of the major banks company at the end of 2018Q3, valued at $9.64 million, down from 144,480 at the end of the previous reported quarter. Seabridge Investment Advisors Llc who had been investing in Citigroup Inc. for a number of months, seems to be less bullish one the $137.96B market cap company. The stock increased 0.20% or $0.11 during the last trading session, reaching $56.49. About 11.20 million shares traded. Citigroup Inc. (NYSE:C) has declined 23.89% since January 10, 2018 and is downtrending. It has underperformed by 23.89% the S&P500. Some Historical C News: 24/04/2018 – Venezuelan banks shrivel as inflation roars and credit dries up; 05/03/2018 ET Energyworld: Saudi ACWA Power picks JPMorgan, Citigroup for IPO; 11/05/2018 – FX Week: Over the past few weeks, Citi has seen several departures and arrivals in its FX team, in London and elsewhere, FX…; 09/03/2018 – Fortunate100: Morgan Stanley, Citi plan Brexit job moves – sources| Reuters; 25/04/2018 – JAGGED PEAK ENERGY INC JAG.N : CITIGROUP RAISES TARGET PRICE TO $17 FROM $16; 22/03/2018 – Citigroup Sets Restrictions on Gun Sales by Business Partners; 10/04/2018 – VERIFONE SYSTEMS INC PAY.N : CITIGROUP RAISES TARGET PRICE TO $23.04 FROM $20; 28/03/2018 – Multiple businesses, including Wells competitor Citigroup, have restricted their dealings with firearms-related companies; 16/05/2018 – Citi Fourth Quarter 2018 and First Quarter, Second Quarter and Third Quarter 2019 Earnings Reviews; 14/05/2018 – Jagged Peak Presenting at Citigroup Conference Tomorrow

Ashmore Wealth Management Llc increased its stake in Illinois Tool Works Inc (ITW) by 23.76% based on its latest 2018Q3 regulatory filing with the SEC. Ashmore Wealth Management Llc bought 58,907 shares as the company’s stock declined 8.28% with the market. The institutional investor held 306,846 shares of the industrial machinery and components company at the end of 2018Q3, valued at $43.30 million, up from 247,939 at the end of the previous reported quarter. Ashmore Wealth Management Llc who had been investing in Illinois Tool Works Inc for a number of months, seems to be bullish on the $43.41 billion market cap company. The stock increased 0.64% or $0.84 during the last trading session, reaching $130.83. About 1.33M shares traded. Illinois Tool Works Inc. (NYSE:ITW) has declined 21.52% since January 10, 2018 and is downtrending. It has underperformed by 21.52% the S&P500. Some Historical ITW News: 09/05/2018 – Illinois Tool at Electrical Products Group Conference May 23; 26/04/2018 – Illinois Tool Works Sees 2018 Effective Tax Rate of About 25%; 07/05/2018 – Element Critical Addresses National Expansion Plans at ITW 2018; 07/05/2018 – ITW Announces Upcoming Investor Conferences; 22/03/2018 – Australian Gov: US Patent Issued to Illinois Tool Works on March 20 for “Power source for reducing electromagnetic interference; 26/04/2018 – ITW Delivers $1.90 Earnings per Share, up 23%; 26/04/2018 – CORRECT: ILLINOIS TOOL SEES 2Q EPS $1.90 TO $2.00, EST. $1.97; 26/04/2018 – Illinois Tool Works 1Q Net $652M; 02/04/2018 – ITW Food Equipment Group Earns 2018 ENERGY STAR® Partner of the Year — Sustained Excellence Award; 26/04/2018 – Illinois Tool Works Sees 2018 Organic Growth of 3%-4%

Investors sentiment increased to 1.07 in 2018 Q3. Its up 0.18, from 0.89 in 2018Q2. It is positive, as 42 investors sold ITW shares while 322 reduced holdings. 104 funds opened positions while 285 raised stakes. 220.32 million shares or 1.14% less from 222.87 million shares in 2018Q2 were reported. Bailard reported 0.33% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW). Jones Fin Lllp accumulated 23,282 shares or 0.01% of the stock. Markel Corp stated it has 230,000 shares. Andra Ap has 46,200 shares for 0.17% of their portfolio. Murphy Capital Mngmt owns 2,825 shares or 0.06% of their US portfolio. Hyman Charles D invested 0.25% in Illinois Tool Works Inc. (NYSE:ITW). Jfs Wealth Advisors Ltd Liability Corp reported 86 shares. Wedgewood Pa has invested 0.53% in Illinois Tool Works Inc. (NYSE:ITW). Brighton Jones Ltd Liability Corp holds 0.04% in Illinois Tool Works Inc. (NYSE:ITW) or 2,124 shares. 10,665 are owned by Miller Inv Mngmt Ltd Partnership. Thompson Siegel And Walmsley Ltd Com holds 505 shares or 0% of its portfolio. Vigilant Mgmt Limited Liability Co holds 0.03% or 1,612 shares in its portfolio. Invesco Limited has 1.17 million shares. Amica Retiree holds 0.16% of its portfolio in Illinois Tool Works Inc. (NYSE:ITW) for 1,404 shares. Jnba Fincl reported 200 shares.

More notable recent Illinois Tool Works Inc. (NYSE:ITW) news were published by: Investorplace.com which released: “7 Trade War Losers Set to Become Big 2019 Winners – Investorplace.com” on December 19, 2018, also Seekingalpha.com with their article: “More on Illinois Tool Works’ Q3 – Seeking Alpha” published on October 24, 2018, Fool.com published: “Where Will Illinois Tool Works Be in 5 Years? – The Motley Fool” on December 19, 2018. More interesting news about Illinois Tool Works Inc. (NYSE:ITW) were released by: Globenewswire.com and their article: “ITW Schedules Second Quarter 2018 Earnings Conference Call – GlobeNewswire” published on July 02, 2018 as well as Seekingalpha.com‘s news article titled: “I Bought Illinois Tool Works After Its Nearly 30% Dividend Increase – Seeking Alpha” with publication date: August 09, 2018.

Among 19 analysts covering Illinois Tool Works Inc (NYSE:ITW), 5 have Buy rating, 2 Sell and 12 Hold. Therefore 26% are positive. Illinois Tool Works Inc had 106 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Buy” rating by Bank of America on Monday, December 11. The firm has “Hold” rating by Stifel Nicolaus given on Monday, March 27. The firm has “Outperform” rating by BMO Capital Markets given on Tuesday, October 24. RBC Capital Markets maintained the shares of ITW in report on Thursday, January 25 with “Hold” rating. The company was maintained on Tuesday, July 24 by Citigroup. The stock of Illinois Tool Works Inc. (NYSE:ITW) has “Hold” rating given on Monday, October 23 by Stifel Nicolaus. The rating was maintained by Jefferies with “Buy” on Wednesday, January 24. Jefferies maintained Illinois Tool Works Inc. (NYSE:ITW) on Friday, June 30 with “Buy” rating. The rating was maintained by Stifel Nicolaus with “Buy” on Monday, December 5. Morgan Stanley maintained the stock with “Equal-Weight” rating in Tuesday, October 24 report.

Since December 11, 2018, it had 0 buys, and 2 selling transactions for $22.31 million activity. $14.50 million worth of Illinois Tool Works Inc. (NYSE:ITW) shares were sold by SANTI ERNEST SCOTT.

Ashmore Wealth Management Llc, which manages about $1.96B US Long portfolio, decreased its stake in Mastercard Inc (NYSE:MA) by 20,149 shares to 258,601 shares, valued at $57.57 million in 2018Q3, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 223,853 shares in the quarter, leaving it with 2.88 million shares, and cut its stake in Nvidia Corp (NASDAQ:NVDA).

Among 40 analysts covering Citigroup Inc. (NYSE:C), 25 have Buy rating, 2 Sell and 13 Hold. Therefore 63% are positive. Citigroup Inc. had 134 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Equal-Weight” rating on Monday, October 26 by Morgan Stanley. As per Wednesday, January 17, the company rating was downgraded by Vertical Group. Portales Partners upgraded the stock to “Sector Perform” rating in Thursday, January 7 report. The company was downgraded on Tuesday, September 13 by Societe Generale. The stock of Citigroup Inc. (NYSE:C) earned “Buy” rating by UBS on Friday, October 16. The rating was initiated by Raymond James with “Hold” on Tuesday, October 31. The rating was maintained by Barclays Capital with “Overweight” on Monday, March 14. The firm earned “Buy” rating on Wednesday, June 20 by Deutsche Bank. As per Monday, September 21, the company rating was downgraded by Iberia Capital Partners. The firm earned “Hold” rating on Monday, October 9 by Stifel Nicolaus.

Seabridge Investment Advisors Llc, which manages about $689.24M and $390.55 million US Long portfolio, upped its stake in Comcast Corporation Class A (NASDAQ:CMCSA) by 19,350 shares to 49,250 shares, valued at $1.74M in 2018Q3, according to the filing. It also increased its holding in Liberty Latin America Ltd. Cla by 27,245 shares in the quarter, for a total of 125,381 shares, and has risen its stake in Newell Brands Inc. (NYSE:NWL).

More notable recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Aurora Cannabis: Q2 Guidance Fell Short Of Expectations – Seeking Alpha” on January 10, 2019, also Benzinga.com with their article: “Andrew Keene’s Citigroup Trade (NYSE:C) – Benzinga” published on December 13, 2018, Streetinsider.com published: “Wall Street extends rally as chipmakers rebound – StreetInsider.com” on January 09, 2019. More interesting news about Citigroup Inc. (NYSE:C) were released by: Seekingalpha.com and their article: “Citigroup Is A Clear Buy On The Pullback – Seeking Alpha” published on December 14, 2018 as well as Streetinsider.com‘s news article titled: “HSBC to pay $30 million to settle bond rigging lawsuit in US – StreetInsider.com” with publication date: January 10, 2019.

Investors sentiment is 1.02 in 2018 Q3. Its the same as in 2018Q2. It is flat, as 52 investors sold C shares while 470 reduced holdings. only 122 funds opened positions while 410 raised stakes. 1.80 billion shares or 3.35% less from 1.86 billion shares in 2018Q2 were reported. Fincl Group Inc holds 4.99% of its portfolio in Citigroup Inc. (NYSE:C) for 705,000 shares. Northside holds 3,933 shares or 0.1% of its portfolio. Pinnacle Associates Limited has 0.83% invested in Citigroup Inc. (NYSE:C) for 559,844 shares. Eidelman Virant Cap invested in 0.7% or 19,888 shares. 47,124 are held by M&R Capital Incorporated. Fdx Advsr holds 0.05% or 20,148 shares. Menta Cap Ltd Llc invested in 8,300 shares or 0.21% of the stock. Davenport And reported 1.75% of its portfolio in Citigroup Inc. (NYSE:C). Foster & Motley stated it has 13,653 shares or 0.15% of all its holdings. Hilltop has 0.11% invested in Citigroup Inc. (NYSE:C). Wall Street Access Asset Mngmt Lc invested in 0.88% or 9,501 shares. Synovus, a Georgia-based fund reported 139,066 shares. Palladium Prtn Ltd Llc reported 14,786 shares. Gm Advisory Gp Inc stated it has 5,232 shares or 0.12% of all its holdings. Brave Asset Management owns 0.19% invested in Citigroup Inc. (NYSE:C) for 5,140 shares.

Analysts await Citigroup Inc. (NYSE:C) to report earnings on January, 14 before the open. They expect $1.60 EPS, up 25.00% or $0.32 from last year’s $1.28 per share. C’s profit will be $3.91B for 8.83 P/E if the $1.60 EPS becomes a reality. After $1.74 actual EPS reported by Citigroup Inc. for the previous quarter, Wall Street now forecasts -8.05% negative EPS growth.

Since July 19, 2018, it had 0 insider buys, and 1 insider sale for $34,605 activity.

Citigroup Inc. (NYSE:C) Institutional Positions Chart




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