Citigroup (C) Shareholder Qv Investors Has Increased Its Holding by $10.02 Million as Stock Price Rose; Armstrong Henry H Associates Decreased Coca (KO) Stake as Stock Value Rose

February 23, 2018 - By Stephen Andrade

Qv Investors Inc increased its stake in Citigroup Inc (C) by 27.26% based on its latest 2017Q3 regulatory filing with the SEC. Qv Investors Inc bought 139,230 shares as the company’s stock rose 1.55% with the market. The institutional investor held 649,993 shares of the major banks company at the end of 2017Q3, valued at $47.28 million, up from 510,763 at the end of the previous reported quarter. Qv Investors Inc who had been investing in Citigroup Inc for a number of months, seems to be bullish on the $196.00B market cap company. The stock decreased 0.95% or $0.73 during the last trading session, reaching $76.27. About 16.05 million shares traded. Citigroup Inc. (NYSE:C) has risen 35.60% since February 23, 2017 and is uptrending. It has outperformed by 18.90% the S&P500.

Armstrong Henry H Associates Inc decreased its stake in Coca (KO) by 3.75% based on its latest 2017Q3 regulatory filing with the SEC. Armstrong Henry H Associates Inc sold 10,140 shares as the company’s stock rose 6.48% with the market. The institutional investor held 260,546 shares of the beverages (production and distribution) company at the end of 2017Q3, valued at $11.73 million, down from 270,686 at the end of the previous reported quarter. Armstrong Henry H Associates Inc who had been investing in Coca for a number of months, seems to be less bullish one the $185.42B market cap company. The stock increased 0.42% or $0.18 during the last trading session, reaching $43.52. About 12.38M shares traded. The Coca-Cola Company (NYSE:KO) has declined 0.95% since February 23, 2017 and is downtrending. It has underperformed by 17.65% the S&P500.




Armstrong Henry H Associates Inc, which manages about $460.14M and $555.74M US Long portfolio, upped its stake in Versum Materials Inc by 9,325 shares to 38,528 shares, valued at $1.50 million in 2017Q3, according to the filing. It also increased its holding in Medtronic Plc (NYSE:MDT) by 21,060 shares in the quarter, for a total of 184,557 shares, and has risen its stake in Walgreen Boots Alliance.

Since January 16, 2018, it had 0 insider buys, and 3 sales for $5.80 million activity. Waller Kathy N sold $1.07 million worth of stock. On Tuesday, January 23 HAYS ED sold $4.01M worth of The Coca-Cola Company (NYSE:KO) or 84,400 shares.

Among 22 analysts covering Coca-Cola (NYSE:KO), 12 have Buy rating, 1 Sell and 9 Hold. Therefore 55% are positive. Coca-Cola had 73 analyst reports since July 21, 2015 according to SRatingsIntel. As per Friday, September 15, the company rating was initiated by Macquarie Research. Stifel Nicolaus maintained the shares of KO in report on Monday, September 18 with “Hold” rating. On Tuesday, June 20 the stock rating was maintained by Jefferies with “Hold”. The firm has “Outperform” rating by Credit Suisse given on Wednesday, April 19. The stock has “Hold” rating by Cowen & Co on Thursday, July 13. The rating was downgraded by Morgan Stanley on Friday, December 16 to “Equal-Weight”. The stock of The Coca-Cola Company (NYSE:KO) earned “Buy” rating by RBC Capital Markets on Tuesday, September 5. The firm has “Hold” rating given on Monday, July 24 by Jefferies. On Friday, December 22 the stock rating was maintained by Stifel Nicolaus with “Hold”. The firm has “Market Perform” rating by BMO Capital Markets given on Monday, July 31.

Investors sentiment decreased to 0.8 in Q3 2017. Its down 0.14, from 0.94 in 2017Q2. It dropped, as 48 investors sold KO shares while 641 reduced holdings. 94 funds opened positions while 456 raised stakes. 2.73 billion shares or 0.93% more from 2.70 billion shares in 2017Q2 were reported. Putnam Fl Inv has invested 0.02% in The Coca-Cola Company (NYSE:KO). The California-based Cap Ca has invested 0.23% in The Coca-Cola Company (NYSE:KO). Teachers Insurance & Annuity Association Of America has 0.31% invested in The Coca-Cola Company (NYSE:KO) for 257,800 shares. Ci Invs Incorporated invested in 0.7% or 1.69M shares. Highland Management Limited has 0.54% invested in The Coca-Cola Company (NYSE:KO) for 150,944 shares. A D Beadell Inv Counsel holds 84,225 shares or 3.23% of its portfolio. Quantres Asset Mngmt invested 0.35% of its portfolio in The Coca-Cola Company (NYSE:KO). Diligent Invsts Lc accumulated 29,070 shares or 0.96% of the stock. Badgley Phelps Bell Incorporated accumulated 11,961 shares. Moreover, Beach Counsel Pa has 0.08% invested in The Coca-Cola Company (NYSE:KO) for 16,416 shares. Cook & Bynum Cap Mngmt Ltd Liability owns 915,200 shares or 26.45% of their US portfolio. Spinnaker holds 0.1% or 16,923 shares. First Finance National Bank & Trust, a Alabama-based fund reported 21,916 shares. Headinvest Ltd Co stated it has 0.09% in The Coca-Cola Company (NYSE:KO). Btr Capital Mngmt Inc stated it has 35,221 shares or 0.32% of all its holdings.

Analysts await The Coca-Cola Company (NYSE:KO) to report earnings on April, 24. They expect $0.47 earnings per share, up 9.30% or $0.04 from last year’s $0.43 per share. KO’s profit will be $2.00B for 23.15 P/E if the $0.47 EPS becomes a reality. After $0.39 actual earnings per share reported by The Coca-Cola Company for the previous quarter, Wall Street now forecasts 20.51% EPS growth.

Among 40 analysts covering Citigroup Inc. (NYSE:C), 19 have Buy rating, 3 Sell and 18 Hold. Therefore 48% are positive. Citigroup Inc. had 116 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Nomura with “Buy” on Monday, July 17. On Wednesday, September 27 the stock rating was downgraded by Raymond James to “Underperform”. The stock has “Buy” rating by BMO Capital Markets on Thursday, June 1. The firm has “Market Perform” rating by Wood given on Wednesday, January 17. BMO Capital Markets maintained it with “Market Perform” rating and $7.0 target in Friday, September 4 report. The stock of Citigroup Inc. (NYSE:C) has “Outperform” rating given on Tuesday, October 6 by Oppenheimer. The stock of Citigroup Inc. (NYSE:C) earned “Market Perform” rating by Wood on Monday, April 18. On Monday, November 30 the stock rating was upgraded by Guggenheim to “Buy”. The rating was maintained by Oppenheimer with “Buy” on Thursday, July 20. Nomura maintained Citigroup Inc. (NYSE:C) rating on Friday, October 13. Nomura has “Buy” rating and $81 target.

Qv Investors Inc, which manages about $1.19 billion US Long portfolio, decreased its stake in Wabtec Corp (NYSE:WAB) by 21,150 shares to 117,557 shares, valued at $8.90 million in 2017Q3, according to the filing. It also reduced its holding in Valmont Industries (NYSE:VMI) by 12,697 shares in the quarter, leaving it with 150,619 shares, and cut its stake in Apache Corp (NYSE:APA).

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