Citigroup (C) Stock Declined While Avalon Advisors Has Boosted Stake by $2.64 Million; As Oracle Com (ORCL) Stock Value Rose, Cibc World Markets Has Boosted by $599,985 Its Stake

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Avalon Advisors Llc increased its stake in Citigroup Inc (C) by 14.93% based on its latest 2018Q4 regulatory filing with the SEC. Avalon Advisors Llc bought 50,854 shares as the company’s stock declined 2.79% while stock markets rallied. The hedge fund held 391,362 shares of the major banks company at the end of 2018Q4, valued at $20.37M, up from 340,508 at the end of the previous reported quarter. Avalon Advisors Llc who had been investing in Citigroup Inc for a number of months, seems to be bullish on the $152.58B market cap company. The stock increased 1.68% or $1.08 during the last trading session, reaching $65.19. About 37.84M shares traded or 93.41% up from the average. Citigroup Inc. (NYSE:C) has declined 13.45% since March 17, 2018 and is downtrending. It has underperformed by 17.82% the S&P500. Some Historical C News: 14/05/2018 – TRADE DESK INC TTD.O : CITIGROUP RAISES TARGET PRICE TO $94 FROM $76; 13/04/2018 – Citigroup 1Q Operating Expenses Rose 2% to $10.9B; 22/05/2018 – BANXICO SEEN ADJUSTING RATES IN AUG.: CITI SURVEY; 26/04/2018 – CITIGROUP’S DON CALLAHAN, HEAD OF OPERATIONS & TECH, TO DEPART; 10/05/2018 – PHARMACEUTICALS : CITIGROUP SAYS PREFER ASTRAZENECA, MERCK KGAA AND BAYER IN EUROPE; 13/04/2018 – CITIGROUP CFO COMMENTS ON CONFERENCE CALL WITH JOURNALISTS; 06/04/2018 – LIVE MARKETS-Citi downbeat on UK retail; 18/04/2018 – CITI’S CORPORATE BANK APPOINTMENTS DISCLOSED BY ROBERTS IN MEMO; 07/03/2018 – Fitch Affirms Citigroup Commercial Mortgage Trust Series 2015-GC29 Commercial Mortgage P-T Certs; 17/05/2018 – CNBC Wires: Egypt’s Banque Misr hires Citi for $500 mln loan

Cibc World Markets Corp increased its stake in Oracle Corp Com (ORCL) by 2.22% based on its latest 2018Q4 regulatory filing with the SEC. Cibc World Markets Corp bought 13,333 shares as the company’s stock rose 7.99% with the market. The institutional investor held 612,928 shares of the prepackaged software company at the end of 2018Q4, valued at $27.67 million, up from 599,595 at the end of the previous reported quarter. Cibc World Markets Corp who had been investing in Oracle Corp Com for a number of months, seems to be bullish on the $190.00B market cap company. The stock decreased 0.21% or $0.11 during the last trading session, reaching $52.94. About 43.34 million shares traded or 137.76% up from the average. Oracle Corporation (NYSE:ORCL) has risen 4.69% since March 17, 2018 and is uptrending. It has outperformed by 0.32% the S&P500. Some Historical ORCL News: 08/05/2018 – Baker Tilly Client Creighton University Wins Prestigious Oracle HCM Cloud Rubies Award; 18/05/2018 – Document Management Software 2018: Global Procurement Market Intelligence Report – Top Five Players are Adobe, OpenText, Dropbox, HP, and Oracle – ResearchAndMarkets.com; 06/03/2018 – Rimini Street to Receive Nearly $50 Million from Oracle; 18/04/2018 – Source-to-Pay Industry Visionary Determine, Inc. and Ardent Partners Present a Live Webinar — CPO Rising 2018: The Age of Intelligence; 22/05/2018 – Exclusive: Oracle’s Aggressive Sales Tactics Are Backfiring With Customers; 07/05/2018 – ThunderX2® Dual Socket Platform Adds Support for Oracle Linux; 24/04/2018 – Accenture Recognized with 15 Regional Oracle Excellence Awards; 10/04/2018 – Oracle AI Powers Future of Customer Experience Management; 06/03/2018 – SAP CEO SAYS HIS “FOCUS IS NOW BIG TIME ON CRM”; TAKES AIM AT RIVALS SALESFORCE.COM AND ORACLE; 27/03/2018 – BlackLine CEO Therese Tucker Invited To Deliver Keynote At Recurring Revenue 2018

Investors sentiment decreased to 0.66 in 2018 Q4. Its down 0.36, from 1.02 in 2018Q3. It turned negative, as 130 investors sold C shares while 533 reduced holdings. 112 funds opened positions while 325 raised stakes. 1.78 billion shares or 0.99% less from 1.80 billion shares in 2018Q3 were reported. Mufg Americas stated it has 314,318 shares or 0.52% of all its holdings. Davis holds 1.31% or 38,085 shares. 17,312 are held by Kj Harrison & Incorporated. Waddell Reed Finance stated it has 3.69M shares. Quinn Opportunity Ltd Co owns 2.74% invested in Citigroup Inc. (NYSE:C) for 378,200 shares. Lsv Asset Mgmt holds 13.66M shares. Highland LP invested in 15,000 shares or 0.06% of the stock. Alabama-based Mitchell Mcleod Pugh & Williams has invested 0.35% in Citigroup Inc. (NYSE:C). Brown Advisory Securities has invested 0.04% of its portfolio in Citigroup Inc. (NYSE:C). holds 0.29% or 20.80M shares. 27,967 were accumulated by Eqis Management Inc. The Massachusetts-based Bollard Grp has invested 0% in Citigroup Inc. (NYSE:C). Moreover, First Personal Svcs has 0.04% invested in Citigroup Inc. (NYSE:C) for 2,076 shares. Earnest Prtn Ltd stated it has 0% of its portfolio in Citigroup Inc. (NYSE:C). 29,974 were accumulated by Boyar Asset.

Avalon Advisors Llc, which manages about $4.06B and $3.87B US Long portfolio, decreased its stake in Simon Property Group Inc (NYSE:SPG) by 2,527 shares to 74,511 shares, valued at $12.52 million in 2018Q4, according to the filing. It also reduced its holding in Prudential Financial Inc (NYSE:PRU) by 7,777 shares in the quarter, leaving it with 123,727 shares, and cut its stake in Abb Ltd (NYSE:ABB).

More notable recent Citigroup Inc. (NYSE:C) news were published by: Thestreet.com which released: “Citigroup Shares Get Bump From Jefferies Upgrade – TheStreet.com” on February 22, 2019, also 247Wallst.com with their article: “5 Stocks to Buy Now That Low-Turnover Hedge Funds Love – 24/7 Wall St.” published on March 04, 2019, Investorplace.com published: “3 Reasons JP Morgan Is a Solid Blue-Chip Play – Investorplace.com” on March 15, 2019. More interesting news about Citigroup Inc. (NYSE:C) were released by: Seekingalpha.com and their article: “Citigroup to set up Singapore currency trading hub – Seeking Alpha” published on March 11, 2019 as well as Investorplace.com‘s news article titled: “It Was a Costco Christmas Last Year – Investorplace.com” with publication date: March 15, 2019.

Since February 13, 2019, it had 0 insider purchases, and 2 insider sales for $791,051 activity. Hu W. Bradford had sold 5,420 shares worth $348,343.

Cibc World Markets Corp, which manages about $10.74B US Long portfolio, decreased its stake in Home Depot Inc (NYSE:HD) by 286,263 shares to 898,528 shares, valued at $154.39 million in 2018Q4, according to the filing. It also reduced its holding in Harley Davidson Inc Com (NYSE:HOG) by 32,684 shares in the quarter, leaving it with 22,734 shares, and cut its stake in Target Corp Com (NYSE:TGT).

Citigroup Inc. (NYSE:C) Institutional Positions Chart