De Burlo Group Decreased Citigroup (C) Position By $5.88 Million; Harris Associates LP Trimmed By $173.41 Million Its Cummins (CMI) Holding

November 14, 2017 - By Louis Casey

De Burlo Group Inc decreased Citigroup Inc (C) stake by 83.35% reported in 2017Q2 SEC filing. De Burlo Group Inc sold 89,018 shares as Citigroup Inc (C)’s stock rose 1.55%. The De Burlo Group Inc holds 17,782 shares with $1.19 million value, down from 106,800 last quarter. Citigroup Inc now has $189.26B valuation. The stock declined 0.57% or $0.41 reaching $71.58 per share. About 922,513 shares traded. Citigroup Inc (NYSE:C) has risen 35.60% since November 14, 2016 and is uptrending. It has outperformed by 18.90% the S&P500.

Harris Associates LP decreased Cummins Inc (CMI) stake by 29.25% reported in 2017Q2 SEC filing. Harris Associates LP sold 1.07M shares as Cummins Inc (CMI)’s stock rose 1.30%. The Harris Associates LP holds 2.59 million shares with $420.11M value, down from 3.66 million last quarter. Cummins Inc now has $28.21B valuation. The stock rose 0.45% or $0.76 reaching $169.96. About 65,378 shares traded. Cummins Inc. (NYSE:CMI) has risen 43.32% since November 14, 2016 and is uptrending. It has outperformed by 26.62% the S&P500.




Investors sentiment increased to 1.01 in Q2 2017. Its up 0.09, from 0.92 in 2017Q1. It improved, as 49 investors sold CMI shares while 269 reduced holdings. 90 funds opened positions while 231 raised stakes. 130.61 million shares or 1.43% more from 128.77 million shares in 2017Q1 were reported. Mason Street Advisors Ltd invested in 0.09% or 21,448 shares. First Eagle Inv Mngmt Ltd Co holds 1.96 million shares or 0.76% of its portfolio. Cibc Asset Management invested in 15,230 shares. Tudor Corp Et Al owns 0.2% invested in Cummins Inc. (NYSE:CMI) for 40,000 shares. L And S Advsrs Inc accumulated 32,702 shares. Meiji Yasuda Asset Ltd reported 0.08% of its portfolio in Cummins Inc. (NYSE:CMI). Cantab Cap Ptnrs Llp stated it has 0% in Cummins Inc. (NYSE:CMI). Panagora Asset Mgmt invested in 0.3% or 461,877 shares. 6,750 were reported by Anderson Hoagland. Sit Inv Assoc invested in 0% or 10 shares. Summit Wealth Advisors Ltd Liability reported 3,426 shares. 4,365 were reported by Moody Fincl Bank Division. Bokf Na reported 0.02% in Cummins Inc. (NYSE:CMI). Mcf Limited Liability Corporation has 584 shares for 0.02% of their portfolio. Alps, Colorado-based fund reported 2,151 shares.

Harris Associates LP increased C H Robinson Worldwide Inc (NASDAQ:CHRW) stake by 751,820 shares to 1.03M valued at $70.54M in 2017Q2. It also upped Whirlpool Corp (NYSE:WHR) stake by 241,659 shares and now owns 2.18 million shares. Comcast Corp New (NASDAQ:CMCSA) was raised too.

Among 26 analysts covering Cummins (NYSE:CMI), 6 have Buy rating, 3 Sell and 17 Hold. Therefore 23% are positive. Cummins had 86 analyst reports since July 22, 2015 according to SRatingsIntel. On Thursday, October 12 the stock rating was downgraded by Longbow to “Neutral”. The stock of Cummins Inc. (NYSE:CMI) has “Hold” rating given on Thursday, December 17 by Deutsche Bank. Piper Jaffray maintained the shares of CMI in report on Monday, October 16 with “Hold” rating. The stock of Cummins Inc. (NYSE:CMI) earned “Hold” rating by RBC Capital Markets on Monday, July 10. As per Tuesday, October 20, the company rating was downgraded by UBS. BMO Capital Markets maintained it with “Hold” rating and $15000 target in Thursday, July 6 report. The rating was downgraded by Macquarie Research to “Neutral” on Monday, April 11. The firm has “Outperform” rating given on Friday, February 5 by Macquarie Research. The company was maintained on Thursday, March 23 by RBC Capital Markets. The firm earned “Underweight” rating on Friday, September 25 by Barclays Capital.

Since May 25, 2017, it had 0 buys, and 3 selling transactions for $2.73 million activity. Another trade for 1,086 shares valued at $169,527 was made by NELSON GEORGIA R on Thursday, May 25. The insider Ward Pat sold 14,050 shares worth $2.30M. The insider Talaulicar Anant sold 1,650 shares worth $259,878.

Analysts await Cummins Inc. (NYSE:CMI) to report earnings on February, 8. They expect $2.60 earnings per share, up 15.56% or $0.35 from last year’s $2.25 per share. CMI’s profit will be $431.55 million for 16.34 P/E if the $2.60 EPS becomes a reality. After $2.71 actual earnings per share reported by Cummins Inc. for the previous quarter, Wall Street now forecasts -4.06% negative EPS growth.

Analysts await Citigroup Inc (NYSE:C) to report earnings on January, 17. They expect $1.27 earnings per share, up 11.40% or $0.13 from last year’s $1.14 per share. C’s profit will be $3.36 billion for 14.09 P/E if the $1.27 EPS becomes a reality. After $1.42 actual earnings per share reported by Citigroup Inc for the previous quarter, Wall Street now forecasts -10.56% negative EPS growth.

Among 37 analysts covering Citigroup Inc. (NYSE:C), 19 have Buy rating, 3 Sell and 15 Hold. Therefore 51% are positive. Citigroup Inc. had 103 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, September 13 by Societe Generale. Vetr downgraded Citigroup Inc (NYSE:C) on Thursday, August 6 to “Hold” rating. The stock of Citigroup Inc (NYSE:C) has “Underperform” rating given on Wednesday, September 27 by Raymond James. BMO Capital Markets maintained the shares of C in report on Friday, October 13 with “Market Perform” rating. The firm has “Sell” rating given on Monday, October 16 by Societe Generale. The stock of Citigroup Inc (NYSE:C) has “Buy” rating given on Wednesday, July 13 by Berenberg. On Monday, October 26 the stock rating was downgraded by Morgan Stanley to “Equal-Weight”. Deutsche Bank maintained Citigroup Inc (NYSE:C) on Tuesday, January 26 with “Hold” rating. Oppenheimer maintained the stock with “Buy” rating in Thursday, July 20 report. Credit Suisse initiated Citigroup Inc (NYSE:C) on Monday, December 21 with “Neutral” rating.

De Burlo Group Inc increased Salesforce Com Inc (NYSE:CRM) stake by 164,100 shares to 172,450 valued at $14.93 million in 2017Q2. It also upped Alphabet Inc stake by 1,240 shares and now owns 14,174 shares. Quest Diagnostics Inc (NYSE:DGX) was raised too.

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