Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

CitiGroup Inc Add to portfolio

INX:C, Feb 22, 03:06 UTC

Latest INX:C News

Filter your feed

Apply Filter

Yesterday


News

Citigroup Finally Downgrades AvalonBay (NYSE:AVB)

C AVB

It is negative, as 27 investors sold AvalonBay Communities, Inc. shares while 153 reduced holdings. Everence Mngmt owns 0.08% invested in AvalonBay Communities, Inc. (NYSE:AVB) for 2,316 shares. Glovista Invs Lc holds 0.14% of its portfolio in AvalonBay Communities, Inc. (NYSE:AVB) for 2,930 shares. Comerica Bankshares has invested 0.11% in AvalonBay Communities, Inc. (NYSE:AVB). Northwestern Mutual Wealth Management Company holds 91 shares.

Read Full Details

Story Sources

whatsonthorold.com
Topics:
  • Business
  • Financial
News

SYNNEX (SNX) Rating Increased to Buy at Citigroup – Fairfield Current

C

Finally, Stifel Nicolaus decreased their price objective on shares of SYNNEX from $130.00 to $114.00 and set a “buy” rating on the stock in a report on Thursday, October 4th. During the same quarter in the prior year, the company posted $2.79 earnings per share. As a group, analysts expect that SYNNEX will post 11.81 EPS for the current year. In other news, CFO Marshall Witt sold 600 shares of the business’s stock in a transaction that occurred on Wednesday, January 2nd. Parkside Financial Bank & Trust now owns 498 shares of the business services provider’s stock valued at $40,000 after acquiring an additional 253 shares during the last quarter.

Read Full Details

Story Sources

fairfieldcurrent.com
Topics:
  • Business
  • Financial
News

Citigroup Trims NetApp (NTAP) Target Price to $75.00 – Fairfield Current

NTAP C +1 more NTAP C WELL

Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating, fifteen have given a buy rating and one has issued a strong buy rating to the company. During the same period last year, the business posted $0.99 EPS. As a group, equities analysts forecast that NetApp will post 4.04 earnings per share for the current year. In other NetApp news, EVP Henri P. Richard sold 5,050 shares of the company’s stock in a transaction dated Friday, February 1st. First Trust Advisors LP now owns 2,975,676 shares of the data storage provider’s stock worth $177,559,000 after purchasing an additional 769,122 shares in the last quarter.

Read Full Details

Topics:
  • Business
  • Financial
News

Weitz Investment Management Lifted Its Facebook (FB) Holding; 1 Analysts Covering Apollo Global Management, (APO)

C FB +1 more C FB NDAQ

Morgan Stanley downgraded Apollo Global Management, LLC (NYSE:APO) on Wednesday, November 14 to “Equal-Weight” rating. 14/11/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Equal-Weight New Target: $34 Downgrade01/11/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $39 New Target: $38 Maintain25/10/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $41 New Target: $39 Maintain21/09/2018 Broker: Credit Suisse Old Rating: Neutral New Rating: Neutral Old Target: $38 New Target: $39 Maintain. It has underperformed by 21.26% the S&P500. Some Historical FB News: 11/04/2018 – The Associated Press: BREAKING: Facebook CEO Mark Zuckerberg tells House panel that regulation of his industry is `inevitable’; 01/05/2018 – US needs to catch up with Europe to regulate tech giants like Facebook, congressman says; 09/05/2018 – FACEBOOK ACCUSED OF PRIVACY VIOLATIONS IN CLASS-ACTION SUIT; 23/04/2018 – Facebook Sued in Class Action That Alleges Users’ Personal Information Was Misused In An Attempt To Influence The 2016 Presidential Election; 19/03/2018 – Facebook data storm wipes nearly $37bn off market value; 19/04/2018 – FACEBOOK: LOGIN CHANGES TO ADDRESS ABUSE; 20/03/2018 – UK’s Cambridge University questions Facebook about academic’s role in data breach; 06/03/2018 – Facebook Dinged In Lawsuit, Report Card, Upcoming Documentary — Barron’s Blog; 21/03/2018 – Facebook is reeling from a scandal that saw an app developer harvest 50 million profiles on the social network, then share the data with a third party called Cambridge Analytica; 10/04/2018 – It’s the first of two congressional hearings for the Facebook founder and CEO. It improved, as 19 investors sold Apollo Global Management, LLC shares while 46 reduced holdings.

Read Full Details

Story Sources

hinewulm.com
Topics:
  • Business
  • Financial
News

AvalonBay Communities (AVB) Stock Rating Lowered by Citigroup – Baseball Daily News

C AVB

Zacks Investment Research raised shares of AvalonBay Communities from a “hold” rating to a “buy” rating and set a $200.00 price objective for the company in a research note on Tuesday, January 15th. The company has a market cap of $27.15 billion, a price-to-earnings ratio of 21.57, a price-to-earnings-growth ratio of 3.76 and a beta of 0.62. During the same period in the prior year, the company posted $1.72 earnings per share. As a group, research analysts predict that AvalonBay Communities will post 9.31 earnings per share for the current year. In related news, COO Sean J. Breslin sold 3,100 shares of AvalonBay Communities stock in a transaction dated Monday, December 3rd.

Read Full Details

Topics:
  • Business
  • Financial
News

Federal Realty Investment Trust to Present at Citi 2019 Global Property CEO Conference

C FRT +1 more C FRT HCP

ROCKVILLE, Md., Feb. 21, 2019 /PRNewswire/ -- Federal Realty Investment Trust (FRT) announced today that Donald C. Wood, President and Chief Executive Officer, will present at the Citi 2019 Global Property CEO Conference in Hollywood, Florida on Monday, March 4, 2019 from 11:35 AM ET to 12:10 PM ET. Event: Federal Realty Investment Trust Presentation at Citi 2019 Global Property CEO Conference. When: 11:35 AM ET, Monday, March 4, 2019. Federal Realty is a recognized leader in the ownership, operation and redevelopment of high-quality retail based properties located primarily in major coastal markets from Washington, D.C. to Boston as well as San Francisco and Los Angeles. Founded in 1962, Federal Realty's mission is to deliver long term, sustainable growth through investing in densely populated, affluent communities where retail demand exceeds supply. Federal Realty is an S&P 500 index member and its shares are traded on the NYSE under the symbol FRT. For additional information about Federal Realty and its properties, visit www.FederalRealty.com.

Read Full Details

Topics:
  • Business
  • Financial
  • Science
News

Citigroup invests in digital mortgage company Better Mortgage

C

Rascoff, who helped found Zillow, took over as CEO in 2010 for Rich Barton, who served as the company’s first CEO and is also a co-founder. And Zillow isn’t looking too far to find Rascoff’s replacement, as the online real estate giant announced that Barton is returning to serve as CEO again. The investors in digital mortgage company and 2018 HW Tech100 winner Better Mortgage are a veritable who’s who of the finance space. And there's a new big name joining that list. In a release, the company describes Citi’s investment as an “add-on” to the company’s $70 million Series C funding. But the news release pegs the company’s Series C funding at $75 million after Citi’s investment, which would lead one to believe that Citi invested $5 million in the company. But a spokesperson for Better Mortgage told HousingWire that the company is not disclosing the details of Citi’s investment. “We are proud and humbled to be partnering with Citi. As one of the world’s premier consumer banks with deep roots in the mortgage business, Citi has a unique perspective and understanding on the innovation Better.com is bringing to home finance,” Vishal Garg, CEO and founder of Better.com, said.

Read Full Details

Story Sources

housingwire.com
Topics:
  • Business
  • Financial
News

Citi in talks with Treasury over $1.1B Maduro gold deal

C

“The one thing, no banker, global or financial institution is going to do is run the risk of secondary sanctions,” Rubio, who has been helping drive the U.S. push to oust Maduro, said in a telephone interview late Wednesday. “The sale of gold is another revenue source that the Maduro regime is using, and I know for a fact that Citibank has had multiple meetings with Treasury seeking guidance, trying to figure out how to avoid exposure.”. In the meantime, the gold would remain inside the Bank of England’s vaults, according to one person familiar with the situation. Even if the Maduro government was able to come up with the cash, the Bank of England recently denied his regime’s request to withdraw $1.2 billion worth of gold stored there. While the bank acts independently from the state, U.S. officials including Secretary of State Mike Pompeo and National Security Adviser John Bolton, have lobbied their U.K. counterparts to help cut off the regime from its overseas assets. Another topic of conversation between Citigroup and Treasury officials has been about local Venezuelan bank accounts that were either serving government entities, companies or officials, according to people with knowledge of the matter.

Read Full Details

Story Sources

americanbanker.com
Topics:
  • Business
  • Financial
News

Top Pick: Citigroup Inc (NYSE:C)EMN News

C

The stock has a market capitalization of $160.29 Billion however its outstanding shares are 2.48 Billion. Citigroup Inc (NYSE:C) has an ABR of 1.21 which is the combined stock view of 14 analysts poll results. As per Zacks simplified descending rating scale the ABR rank is displayed in the range of 1 to 5 where 1 represents Strong Buy and 5 a Strong Sell. As the name implies that ABR will show you the Average of Brokerage Recommendations on a given stock. Analysts are expecting average earnings estimates of $1.85 for the current quarter based on the opinion of 22 analysts, relating to high earnings per share estimates of $1.95 and low estimates of $1.69, however Citigroup Inc (NYSE:C) reported $1.68 earnings per share for the same quarter last year. For the current quarter Citigroup Inc (NYSE:C) has average revenue estimates of $18.82 Billion, a total number of 18 analysts provided estimations over revenues. However the low revenue estimates for the company are $17.92 Billion versus high revenue estimates of $19.46 Billion. Taking a broader look at the analyst consensus, brokerage firms have a price target of $76.81 on Citigroup Inc (NYSE:C).

Read Full Details

Story Sources

emnnews.com
Topics:
  • Business
  • Financial
News

The Coca-Cola Company (KO) and CenturyLink, Inc. (CTL) Rally In Jeopardy?

C CTL +1 more C CTL KO

This stock was downgraded to a rating of Neutral in the eyes of Citigroup, whereas its previous rating was Buy in the eyes of Citigroup, as reported on Friday, February 15th, 2019. A Senior Vice President of the organization named MANN JENNIFER K, was engaged in a transaction that occurred on Nov 19 that managed to be worth $761,040 from the sale of 15,100 common shares at a price of $50.40 per individual share. The next scheduled release of financial results for The Coca-Cola Company will be for the Dec-18 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.43. That drove the price to $13.90 per share, as observed on February 20th, 2019, at a time when the total trading volume reached 14,151,476 shares of stock – compared to the typical average of 16.21M shares per day (as recorded over the past three months).

Read Full Details

Story Sources

finmercury.com
Topics:
  • Business
  • Financial