Is there a Bearish outlook for Citigroup Inc. (NYSE:C) this week?

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Investors sentiment decreased to 0.82 in Q2 2019. Its down 0.12, from 0.94 in 2019Q1. It turned negative, as 46 investors sold Citigroup Inc. shares while 485 reduced holdings. 99 funds opened positions while 336 raised stakes. 1.66 billion shares or 6.33% less from 1.78 billion shares in 2019Q1 were reported.
Kempner Capital Mgmt Inc reported 4.15% in Citigroup Inc. (NYSE:C). Baldwin Brothers Ma has invested 0.01% in Citigroup Inc. (NYSE:C). Steadfast Capital Management Lp has 6.50M shares for 6.07% of their portfolio. Merian Investors (Uk) Ltd reported 53,875 shares stake. Tegean Capital Management Ltd Limited Liability Company owns 100,000 shares. Robeco Institutional Asset Mgmt Bv has 2.30 million shares for 0.57% of their portfolio. Oldfield Prtn Ltd Liability Partnership holds 7.26% or 1.08M shares. Sg Americas Secs owns 243,667 shares. Investec Asset North America holds 402,944 shares. Lakewood Capital Mgmt Ltd Partnership invested 8.62% in Citigroup Inc. (NYSE:C). Buckingham Cap Mgmt owns 123,960 shares. Deltec Asset Mngmt Limited Liability Com invested in 12,100 shares or 0.19% of the stock. Carroll Fincl Associates stated it has 8,207 shares. Illinois-based Pekin Hardy Strauss Incorporated has invested 0.26% in Citigroup Inc. (NYSE:C). Moreover, Verition Fund Ltd Liability has 0.01% invested in Citigroup Inc. (NYSE:C).

Citigroup Inc. (NYSE:C) Ratings Coverage

Among 4 analysts covering Citigroup (NYSE:C), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Citigroup has $99 highest and $7400 lowest target. $86’s average target is 22.28% above currents $70.33 stock price. Citigroup had 9 analyst reports since March 23, 2019 according to SRatingsIntel. The firm has “Buy” rating by UBS given on Tuesday, April 16. The firm has “Outperform” rating by Oppenheimer given on Tuesday, March 26. The stock of Citigroup Inc. (NYSE:C) has “Outperform” rating given on Tuesday, April 16 by BMO Capital Markets. As per Tuesday, April 16, the company rating was maintained by Morgan Stanley. Below is a list of Citigroup Inc. (NYSE:C) latest ratings and price target changes.

26/07/2019 Broker: Inc. Common Stock Rating: Keefe Bruyette \U0026 Woods New Target: $74.0000 86.0000
09/07/2019 Broker: Inc. Common Stock Rating: Jp Morgan New Target: $75.0000 77.0000
30/05/2019 Broker: Inc. Common Stock Rating: Goldman Sachs
16/04/2019 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $76 New Target: $81 Maintain
16/04/2019 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $92 New Target: $93 Maintain
16/04/2019 Broker: UBS Old Rating: Buy New Rating: Buy Old Target: $78 New Target: $83 Maintain
13/04/2019 Broker: BidaskScore Rating: Hold Upgrade
26/03/2019 Broker: Oppenheimer Old Rating: Outperform New Rating: Outperform Old Target: $94 New Target: $99 Maintain
23/03/2019 Broker: BidaskScore Rating: Sell Downgrade

The stock increased 1.49% or $1.03 during the last trading session, reaching $70.33. About 11.32 million shares traded. Citigroup Inc. (NYSE:C) has declined 1.56% since September 13, 2018 and is downtrending. It has underperformed by 1.56% the S&P500.

Citigroup Inc., a diversified financial services holding company, provides various financial services and products for consumers, firms, governments, and institutions worldwide. The company has market cap of $158.88 billion. The firm operates through two divisions, Citicorp and Citi Holdings. It has a 9.78 P/E ratio. The Citicorp segment offers traditional banking services to retail clients through retail banking, commercial banking, Citi-branded cards, and Citi retail services.

More notable recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Citigroup: Get Out While You Can – Seeking Alpha” on August 16, 2019, also Finance.Yahoo.com with their article: “The Citigroup (NYSE:C) Share Price Is Up 36% And Shareholders Are Holding On – Yahoo Finance” published on May 30, 2019, Barrons.com published: “Why a $3 Billion Fund Is Betting on Citigroup Stock and Against Tesla – Barron’s” on August 15, 2019. More interesting news about Citigroup Inc. (NYSE:C) were released by: Seekingalpha.com and their article: “Financials are hurting mutual funds’ performance, Goldman says – Seeking Alpha” published on August 30, 2019 as well as Seekingalpha.com‘s news article titled: “Citigroup sounding good on interest income – Seeking Alpha” with publication date: September 09, 2019.

Citigroup Inc. (NYSE:C) Institutional Positions Chart

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