Ameritas Investment Partners Cut Its Stake in Visa (V) by $3.93 Million as Stock Declined; Citigroup (C) Shareholder Investec Asset Management North America Has Decreased Position as Shares Declined

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Investec Asset Management North America Inc decreased its stake in Citigroup Inc (C) by 28.79% based on its latest 2018Q3 regulatory filing with the SEC. Investec Asset Management North America Inc sold 130,120 shares as the company’s stock declined 18.04% with the market. The institutional investor held 321,806 shares of the major banks company at the end of 2018Q3, valued at $23.09M, down from 451,926 at the end of the previous reported quarter. Investec Asset Management North America Inc who had been investing in Citigroup Inc for a number of months, seems to be less bullish one the $147.27B market cap company. The stock increased 0.27% or $0.17 during the last trading session, reaching $62.18. About 2.81M shares traded. Citigroup Inc. (NYSE:C) has declined 23.89% since February 11, 2018 and is downtrending. It has underperformed by 23.89% the S&P500. Some Historical C News: 14/05/2018 – Oneok Inc at Citi Global Energy & Utilities Conference Tomorrow; 13/04/2018 – Finding the New Normal in Energy Financing at Citigroup: Q&A; 16/03/2018 – Neuberger Berman portfolio manager Steve Eisman’s top pick is Citigroup; 13/04/2018 – Citigroup 1Q Total Cost of Credit $1.86B; 07/05/2018 – Latin Bond Sales Drop 9.3% in 2018, Citi Leads; 05/03/2018 – EastGroup Properties Announces Presentation At Citi 2018 Global Property CEO Conference; 06/03/2018 – RPT-CITIGROUP CFO SAYS ADDING DIGITAL SERVICES LAYS GROUNDWORK FOR NATIONAL CONSUMER BANKING; 26/03/2018 – Citi: Launching Comprehensive, New Mobile Capabilities on the Citi Mobile App for iPhone; 06/03/2018 – CORRECTED-CITIGROUP CFO SEES 1Q18 (NOT 1Q17) MARKETS REVENUE UP BY ‘LOW-TO-MID’ SINGLE-DIGIT PERCENTAGE VS YEAR EARLIER; 02/05/2018 – Citigroup Seizes Top Muni Underwriting Slot During Busy April

Ameritas Investment Partners Inc decreased its stake in Visa Inc (V) by 35.45% based on its latest 2018Q3 regulatory filing with the SEC. Ameritas Investment Partners Inc sold 26,170 shares as the company’s stock declined 4.30% with the market. The institutional investor held 47,643 shares of the business services company at the end of 2018Q3, valued at $7.15M, down from 73,813 at the end of the previous reported quarter. Ameritas Investment Partners Inc who had been investing in Visa Inc for a number of months, seems to be less bullish one the $310.62B market cap company. The stock increased 0.71% or $1 during the last trading session, reaching $141.38. About 1.47M shares traded. Visa Inc. (NYSE:V) has risen 23.77% since February 11, 2018 and is uptrending. It has outperformed by 23.77% the S&P500. Some Historical V News: 30/05/2018 – U.S. Toughens Visa Process for Chinese Nationals; 05/03/2018 U.S. top court turns away dispute involving Iran’s Bank Melli; 25/04/2018 – Visa 2Q Net $2.6B; 26/03/2018 – ERDOGAN: EU SHOULD TAKE STEPS ON TRAVEL VISA FOR TURKS SOONEST; 05/05/2018 – Buffett: Should Have Bought More Mastercard, Visa — Berkshire Hathaway Annual Meeting; 25/04/2018 – Visa tops profit estimates, raises full-year earnings forecast; 11/05/2018 – Peeks Social Commences Next Phase of Visa Card Program; 24/05/2018 – VISA MAKES STRATEGIC INVESTMENT IN YELLOWPEPPER; 24/05/2018 – VISA INVESTS FOR LATAM, CARIBBEAN MOBILE PAYMENTS/TOKENIZATION; 07/05/2018 – Visa Named to the 100 Best Corporate Citizens List

Investors sentiment is 1.02 in 2018 Q3. Its the same as in 2018Q2. It is the same, 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. Fosun Ltd reported 12,535 shares. Ulysses Mngmt Ltd Co owns 429,900 shares for 2.42% of their portfolio. Kcm Advsr Ltd stated it has 8,577 shares or 0.04% of all its holdings. Amer National Bank & Trust reported 853 shares. Kentucky Retirement has invested 0.96% in Citigroup Inc. (NYSE:C). Goodwin Daniel L invested in 12,300 shares or 0.42% of the stock. Pittenger Anderson Incorporated invested in 0.37% or 65,210 shares. Guardian Life Insur Of America has 0.08% invested in Citigroup Inc. (NYSE:C). 142,125 are held by Channing Capital Mgmt Limited Co. Overbrook Management owns 493,770 shares. Hudock Capital Gru Llc holds 0.01% or 467 shares. Quaker Cap Ltd Limited Liability Company holds 278,255 shares. Mathes reported 58,558 shares or 1.96% of all its holdings. Moreover, Prospector Prtn has 1.11% invested in Citigroup Inc. (NYSE:C) for 111,619 shares. Pggm Invests reported 0.49% stake.

Among 40 analysts covering Citigroup Inc. (NYSE:C), 25 have Buy rating, 2 Sell and 13 Hold. Therefore 63% are positive. Citigroup Inc. had 136 analyst reports since July 21, 2015 according to SRatingsIntel. On Friday, October 13 the stock rating was maintained by Nomura with “Buy”. On Wednesday, December 21 the stock rating was upgraded by Atlantic Securities to “Overweight”. The rating was maintained by Buckingham Research with “Buy” on Friday, October 13. Citigroup upgraded Citigroup Inc. (NYSE:C) on Friday, December 11 to “Buy” rating. The firm has “Neutral” rating by Macquarie Research given on Friday, November 18. The stock of Citigroup Inc. (NYSE:C) earned “Buy” rating by Evercore on Monday, September 21. The stock of Citigroup Inc. (NYSE:C) earned “Hold” rating by Vertical Group on Wednesday, January 17. The stock of Citigroup Inc. (NYSE:C) earned “Buy” rating by Renaissance Macro Securities LLC on Sunday, July 16. Macquarie Research maintained it with “Outperform” rating and $64 target in Monday, October 19 report. Keefe Bruyette & Woods maintained the shares of C in report on Tuesday, January 19 with “Outperform” rating.

Investec Asset Management North America Inc, which manages about $2.91B and $1.17 billion US Long portfolio, upped its stake in Pepsico Inc (NYSE:PEP) by 3,641 shares to 73,092 shares, valued at $8.17 million in 2018Q3, according to the filing. It also increased its holding in Baidu Inc (NASDAQ:BIDU) by 4,661 shares in the quarter, for a total of 144,020 shares, and has risen its stake in Goldman Sachs Group Inc/The (NYSE:GS).

More notable recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Citigroup: Not Cheap Enough – Seeking Alpha” on January 29, 2019, also Seekingalpha.com with their article: “Goldman sees bank rally continuing on loan growth – Seeking Alpha” published on January 22, 2019, Fool.com published: “What Happened in the Stock Market Today – The Motley Fool” on January 14, 2019. More interesting news about Citigroup Inc. (NYSE:C) were released by: Seekingalpha.com and their article: “Citigroup Inc. 2018 Q4 – Results – Earnings Call Slides – Seeking Alpha” published on January 14, 2019 as well as Seekingalpha.com‘s news article titled: “Stocks To Watch: Action From Detroit And ICR – Seeking Alpha” with publication date: January 12, 2019.

Among 44 analysts covering Visa Inc. (NYSE:V), 35 have Buy rating, 0 Sell and 9 Hold. Therefore 80% are positive. Visa Inc. had 145 analyst reports since July 21, 2015 according to SRatingsIntel. Guggenheim upgraded Visa Inc. (NYSE:V) on Monday, December 5 to “Buy” rating. The stock of Visa Inc. (NYSE:V) earned “Buy” rating by Stifel Nicolaus on Friday, July 22. Guggenheim maintained the shares of V in report on Friday, February 2 with “Buy” rating. The firm has “Buy” rating given on Friday, July 21 by UBS. The stock has “Hold” rating by Credit Suisse on Tuesday, October 3. As per Friday, February 2, the company rating was maintained by KeyBanc Capital Markets. Oppenheimer maintained it with “Buy” rating and $10600 target in Monday, July 17 report. The stock of Visa Inc. (NYSE:V) has “Buy” rating given on Thursday, July 20 by RBC Capital Markets. The stock has “Overweight” rating by Barclays Capital on Thursday, October 26. The rating was maintained by RBC Capital Markets on Tuesday, November 3 with “Outperform”.

Investors sentiment decreased to 0.97 in Q3 2018. Its down 0.05, from 1.02 in 2018Q2. It turned negative, as 33 investors sold V shares while 655 reduced holdings. 135 funds opened positions while 529 raised stakes. 1.54 billion shares or 0.85% less from 1.56 billion shares in 2018Q2 were reported. Hudson Bay Cap Lp has invested 0.34% in Visa Inc. (NYSE:V). Sg Americas Securities Ltd Company, New York-based fund reported 152,624 shares. Howe And Rusling Incorporated owns 3,693 shares or 0.09% of their US portfolio. Lincoln National Corporation invested in 0.09% or 17,199 shares. Interocean Cap Limited Co owns 5,970 shares or 0.09% of their US portfolio. Baillie Gifford Com holds 6.05 million shares. Hengistbury Inv Llp invested 53.48% in Visa Inc. (NYSE:V). Reilly Herbert Faulkner Iii stated it has 3.06% in Visa Inc. (NYSE:V). Veritable LP has 0.24% invested in Visa Inc. (NYSE:V) for 79,118 shares. Atwood And Palmer holds 0.01% of its portfolio in Visa Inc. (NYSE:V) for 268 shares. Dnb Asset Mgmt As reported 0% in Visa Inc. (NYSE:V). Blue Edge Capital Ltd Liability Com accumulated 18,073 shares. Regions Fincl holds 0.39% or 241,643 shares. Farallon Mgmt Ltd Com reported 1.97 million shares. Segment Wealth Management Limited Liability reported 1.16% of its portfolio in Visa Inc. (NYSE:V).

Ameritas Investment Partners Inc, which manages about $2.17B US Long portfolio, upped its stake in Mastercard Incorporated (NYSE:MA) by 18,286 shares to 35,658 shares, valued at $7.94M in 2018Q3, according to the filing. It also increased its holding in Ishares Tr (IWF) by 2,670 shares in the quarter, for a total of 17,090 shares, and has risen its stake in Wex Inc (NYSE:WEX).

Citigroup Inc. (NYSE:C) Institutional Positions Chart