As Sanchez Energy (SN) Shares Declined, Western Asset Management Company Lifted Stake by $504,450; As Citigroup (C) Stock Declined, Holder Great Lakes Advisors Has Trimmed by $1.48 Million Its Position

May 16, 2018 - By Henry Gaston

Citigroup Inc. (NYSE:C) Logo

Great Lakes Advisors Llc decreased its stake in Citigroup Inc (C) by 1.93% based on its latest 2017Q4 regulatory filing with the SEC. Great Lakes Advisors Llc sold 20,036 shares as the company’s stock declined 9.55% with the market. The institutional investor held 1.02M shares of the major banks company at the end of 2017Q4, valued at $75.82M, down from 1.04M at the end of the previous reported quarter. Great Lakes Advisors Llc who had been investing in Citigroup Inc for a number of months, seems to be less bullish one the $184.07B market cap company. The stock decreased 0.68% or $0.5 during the last trading session, reaching $72.18. About 3.06 million shares traded. Citigroup Inc. (NYSE:C) has risen 17.06% since May 16, 2017 and is uptrending. It has outperformed by 5.51% the S&P500.

Western Asset Management Company increased its stake in Sanchez Energy Corp (SN) by 183.44% based on its latest 2017Q4 regulatory filing with the SEC. Western Asset Management Company bought 100,890 shares as the company’s stock declined 42.40% with the market. The institutional investor held 155,890 shares of the oil & gas production company at the end of 2017Q4, valued at $828,000, up from 55,000 at the end of the previous reported quarter. Western Asset Management Company who had been investing in Sanchez Energy Corp for a number of months, seems to be bullish on the $297.50 million market cap company. The stock decreased 3.10% or $0.1199 during the last trading session, reaching $3.7501. About 1.89M shares traded. Sanchez Energy Corporation (NYSE:SN) has declined 66.23% since May 16, 2017 and is downtrending. It has underperformed by 77.78% the S&P500.

Since February 27, 2018, it had 0 insider buys, and 6 sales for $4.97 million activity. Forese James A. also sold $500,666 worth of Citigroup Inc. (NYSE:C) on Tuesday, February 27. Shares for $2.51 million were sold by Fraser Jane Nind on Tuesday, February 27. Gerspach John C also sold $542,920 worth of Citigroup Inc. (NYSE:C) on Tuesday, February 27. MURRAY JOSEPH MICHAEL also sold $263,126 worth of Citigroup Inc. (NYSE:C) on Tuesday, February 27. $536,410 worth of Citigroup Inc. (NYSE:C) was sold by Callahan Don on Wednesday, February 28.

Among 40 analysts covering Citigroup Inc. (NYSE:C), 23 have Buy rating, 2 Sell and 15 Hold. Therefore 58% are positive. Citigroup Inc. had 125 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of C in report on Friday, August 18 with “Buy” rating. The company was maintained on Tuesday, January 16 by Sandler O’Neill. Morgan Stanley maintained the shares of C in report on Monday, April 30 with “Overweight” rating. Wells Fargo maintained Citigroup Inc. (NYSE:C) on Thursday, August 10 with “Outperform” rating. Wood downgraded the stock to “Market Perform” rating in Monday, April 18 report. UBS upgraded the stock to “Buy” rating in Thursday, April 5 report. On Monday, September 21 the stock rating was maintained by Evercore with “Buy”. Keefe Bruyette & Woods maintained Citigroup Inc. (NYSE:C) rating on Wednesday, June 7. Keefe Bruyette & Woods has “Buy” rating and $6900 target. On Wednesday, September 27 the stock rating was downgraded by Raymond James to “Underperform”. Vertical Group downgraded the shares of C in report on Wednesday, January 17 to “Hold” rating.

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. Manchester Cap Mgmt Ltd accumulated 9,435 shares. Cap Inv Advsr Lc accumulated 70,936 shares. Moreover, Trust Of Vermont has 0.11% invested in Citigroup Inc. (NYSE:C). Umb Bancshares N A Mo invested in 229,701 shares. Clinton Gru reported 0.06% of its portfolio in Citigroup Inc. (NYSE:C). Hancock Company invested in 39,260 shares or 0.12% of the stock. Foundry Prtn Limited Liability Co invested in 474,365 shares or 1.47% of the stock. Utd Asset Strategies has invested 0.37% in Citigroup Inc. (NYSE:C). Calamos Advisors Lc has 0.51% invested in Citigroup Inc. (NYSE:C). Shikiar Asset Mngmt stated it has 106,919 shares. Jnba Fincl Advsr has invested 0.01% of its portfolio in Citigroup Inc. (NYSE:C). First Mercantile Trust Company, Tennessee-based fund reported 17,708 shares. Savant Capital Limited Company holds 0.24% or 15,474 shares. Culbertson A N Inc reported 26,309 shares. Lpl Ltd Liability Corp accumulated 0.09% or 380,334 shares.

Analysts await Citigroup Inc. (NYSE:C) to report earnings on July, 13. They expect $1.57 earnings per share, up 23.62% or $0.30 from last year’s $1.27 per share. C’s profit will be $4.00B for 11.49 P/E if the $1.57 EPS becomes a reality. After $1.68 actual earnings per share reported by Citigroup Inc. for the previous quarter, Wall Street now forecasts -6.55% negative EPS growth.

More notable recent Citigroup Inc. (NYSE:C) news were published by: Streetinsider.com which released: “Glenview Capital Enters AmerisourceBergen (ABC), Express Scripts (ESRX), T-Mobile (TMUS) (more…) -13F” on May 15, 2018, also Seekingalpha.com with their article: “Citigroup: Buy Now” published on May 01, 2018, Seekingalpha.com published: “Why ValueAct Pounced On Citigroup” on May 14, 2018. More interesting news about Citigroup Inc. (NYSE:C) were released by: Benzinga.com and their article: “JPMorgan, HSBC, Citigroup, Early Warning Execs Talk Fintech Collaboration” published on May 15, 2018 as well as Streetinsider.com‘s news article titled: “ValueAct’s 13F Shows New Stake in SLM Corp (SLM), Confirms Increase in Citi (C), Exits Microsoft (MSFT) (more…)” with publication date: May 15, 2018.

Great Lakes Advisors Llc, which manages about $5.40B and $4.55B US Long portfolio, upped its stake in Toll Brothers Inc (NYSE:TOL) by 24,748 shares to 167,268 shares, valued at $8.03 million in 2017Q4, according to the filing. It also increased its holding in Ishares Tr Russell1000val (IWD) by 7,823 shares in the quarter, for a total of 12,103 shares, and has risen its stake in Netflix Com Inc (NASDAQ:NFLX).

Investors sentiment decreased to 0.98 in 2017 Q4. Its down 0.16, from 1.14 in 2017Q3. It dropped, as 20 investors sold SN shares while 34 reduced holdings. 18 funds opened positions while 35 raised stakes. 45.63 million shares or 5.04% less from 48.05 million shares in 2017Q3 were reported. Teacher Retirement Systems Of Texas holds 0% or 24,642 shares. Bluecrest Mgmt Ltd has 0.01% invested in Sanchez Energy Corporation (NYSE:SN). Ubs Asset Americas holds 0% or 45,874 shares. 20,000 are owned by Whitebox Advsrs. State Street has invested 0% in Sanchez Energy Corporation (NYSE:SN). 200 were accumulated by Tower Rech Cap Ltd Liability Company (Trc). Rhumbline Advisers holds 0% or 66,977 shares in its portfolio. 35,830 were reported by State Board Of Administration Of Florida Retirement Systems. Indexiq Advsr Ltd Liability Company reported 2,088 shares stake. Parkwood Ltd Llc invested 0.08% of its portfolio in Sanchez Energy Corporation (NYSE:SN). Sunbelt Securities Inc accumulated 0.27% or 51,700 shares. Tiaa Cref Inv Management Lc reported 152,112 shares. Stratos Wealth Partners Ltd reported 0.01% of its portfolio in Sanchez Energy Corporation (NYSE:SN). Jefferies Gp Limited Liability Co holds 0% in Sanchez Energy Corporation (NYSE:SN) or 49,600 shares. 155,890 were accumulated by Western Asset Management Com.

Since January 3, 2018, it had 0 insider buys, and 14 selling transactions for $1.09 million activity. 2,107 Sanchez Energy Corporation (NYSE:SN) shares with value of $6,281 were sold by Hink Kirsten A. The insider SANCHEZ ANTONIO R JR sold $58,481. $49,059 worth of Sanchez Energy Corporation (NYSE:SN) was sold by Sanchez Patricio D.. 4,126 shares valued at $12,300 were sold by Kopel Gregory B on Thursday, March 1. Thill Howard J SR also sold $24,596 worth of Sanchez Energy Corporation (NYSE:SN) on Thursday, March 1.

More recent Sanchez Energy Corporation (NYSE:SN) news were published by: Seekingalpha.com which released: “Sanchez Energy: Management Deja Vu” on May 10, 2018. Also Globenewswire.com published the news titled: “Sanchez Energy Corporation Completes Spring 2018 Redetermination; Announces 15% Borrowing Base Increase” on May 14, 2018. Seekingalpha.com‘s news article titled: “Sanchez Energy -9% on disappointing Q1 earnings, production” with publication date: May 08, 2018 was also an interesting one.

Among 20 analysts covering Sanchez Energy Corp (NYSE:SN), 7 have Buy rating, 2 Sell and 11 Hold. Therefore 35% are positive. Sanchez Energy Corp had 72 analyst reports since July 21, 2015 according to SRatingsIntel. Seaport Global upgraded the stock to “Buy” rating in Thursday, January 21 report. The firm has “Outperform” rating given on Wednesday, August 12 by Credit Agricole. Piper Jaffray maintained Sanchez Energy Corporation (NYSE:SN) on Wednesday, March 14 with “Hold” rating. The stock of Sanchez Energy Corporation (NYSE:SN) earned “Overweight” rating by PiperJaffray on Thursday, February 2. Credit Suisse downgraded the stock to “Neutral” rating in Thursday, October 13 report. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, September 1. The firm has “Hold” rating given on Tuesday, October 10 by BMO Capital Markets. The rating was maintained by RBC Capital Markets on Tuesday, January 24 with “Outperform”. BMO Capital Markets maintained Sanchez Energy Corporation (NYSE:SN) rating on Tuesday, November 14. BMO Capital Markets has “Hold” rating and $5.0 target. The firm has “Buy” rating by Seaport Global Securities given on Tuesday, January 24.

Citigroup Inc. (NYSE:C) Institutional Positions Chart

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By1 Henry Gaston

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