Winslow Capital Management Cut Its Honeywell International (HON) Holding by $30.26 Million; Valuation Declined; Dimensional Fund Advisors LP Lowered Stake in Citigroup (C) by $205.23 Million as Share Price Declined

May 27, 2018 - By Hazel Jackson

Citigroup Inc. (NYSE:C) Logo

Winslow Capital Management Llc decreased its stake in Honeywell International (HON) by 8.18% based on its latest 2017Q4 regulatory filing with the SEC. Winslow Capital Management Llc sold 197,784 shares as the company’s stock declined 5.96% with the market. The institutional investor held 2.22 million shares of the o.e.m. company at the end of 2017Q4, valued at $340.62M, down from 2.42M at the end of the previous reported quarter. Winslow Capital Management Llc who had been investing in Honeywell International for a number of months, seems to be less bullish one the $112.53B market cap company. The stock decreased 0.28% or $0.42 during the last trading session, reaching $150.66. About 1.93 million shares traded. Honeywell International Inc. (NYSE:HON) has risen 15.94% since May 27, 2017 and is uptrending. It has outperformed by 4.39% the S&P500.

Dimensional Fund Advisors Lp decreased its stake in Citigroup Inc (C) by 14.6% based on its latest 2017Q4 regulatory filing with the SEC. Dimensional Fund Advisors Lp sold 2.77 million shares as the company’s stock declined 9.55% with the market. The institutional investor held 16.22 million shares of the major banks company at the end of 2017Q4, valued at $1.21 billion, down from 18.99 million at the end of the previous reported quarter. Dimensional Fund Advisors Lp who had been investing in Citigroup Inc for a number of months, seems to be less bullish one the $174.52B market cap company. The stock decreased 1.26% or $0.87 during the last trading session, reaching $68.44. About 16.01 million shares traded. Citigroup Inc. (NYSE:C) has risen 17.06% since May 27, 2017 and is uptrending. It has outperformed by 5.51% the S&P500.

Investors sentiment decreased to 1.07 in 2017 Q4. Its down 0.28, from 1.35 in 2017Q3. It dived, as 58 investors sold C shares while 480 reduced holdings. 123 funds opened positions while 450 raised stakes. 1.99 billion shares or 2.45% less from 2.04 billion shares in 2017Q3 were reported. Grandfield Dodd Llc accumulated 2,859 shares or 0.02% of the stock. Timber Creek Cap Ltd Limited Liability Company has invested 0% of its portfolio in Citigroup Inc. (NYSE:C). South Dakota Inv Council has invested 1.66% in Citigroup Inc. (NYSE:C). California-based Kcm Inv Ltd Liability has invested 0.03% in Citigroup Inc. (NYSE:C). Quantres Asset Management Limited has invested 0.24% in Citigroup Inc. (NYSE:C). Paradigm Asset Mngmt invested in 94,700 shares. Kentucky Retirement Sys stated it has 0.86% in Citigroup Inc. (NYSE:C). Huntington Bancshares reported 0.05% of its portfolio in Citigroup Inc. (NYSE:C). Vnbtrust Association, Virginia-based fund reported 12,743 shares. Argentiere Cap Ag holds 1.37% or 29,800 shares. Schwab Charles Invest Inc accumulated 0.64% or 10.77M shares. Advantus Cap accumulated 266,395 shares or 0.49% of the stock. Rhumbline Advisers has 0.7% invested in Citigroup Inc. (NYSE:C). Private Co Na has 9,354 shares for 0.15% of their portfolio. Keybank Natl Association Oh reported 0.01% in Citigroup Inc. (NYSE:C).

Dimensional Fund Advisors Lp, which manages about $241.23 billion US Long portfolio, upped its stake in Imperial Oil Ltd (NYSEMKT:IMO) by 41,591 shares to 703,256 shares, valued at $21.94 million in 2017Q4, according to the filing. It also increased its holding in Ani Pharmaceuticals Inc (NASDAQ:ANIP) by 31,020 shares in the quarter, for a total of 455,817 shares, and has risen its stake in Mgic Invt Corp Wis (NYSE:MTG).

Analysts await Citigroup Inc. (NYSE:C) to report earnings on July, 13. They expect $1.57 EPS, up 23.62% or $0.30 from last year’s $1.27 per share. C’s profit will be $4.00 billion for 10.90 P/E if the $1.57 EPS becomes a reality. After $1.68 actual EPS reported by Citigroup Inc. for the previous quarter, Wall Street now forecasts -6.55% negative EPS growth.

Since February 27, 2018, it had 0 insider purchases, and 7 selling transactions for $5.91 million activity. Fraser Jane Nind had sold 32,400 shares worth $2.51 million. 12,966 shares were sold by Gerspach John C, worth $937,571. 6,466 Citigroup Inc. (NYSE:C) shares with value of $500,666 were sold by Forese James A.. 8,010 shares were sold by Hu W. Bradford, worth $611,804. 7,000 Citigroup Inc. (NYSE:C) shares with value of $536,410 were sold by Callahan Don.

More notable recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Why ValueAct Pounced On Citigroup” on May 14, 2018, also Seekingalpha.com with their article: “ValueAct takes $1.2B stake in Citi” published on May 08, 2018, Livetradingnews.com published: “Citigroup Inc. (NYSE:C) Heffx Trading Review” on May 21, 2018. More interesting news about Citigroup Inc. (NYSE:C) were released by: Seekingalpha.com and their article: “Citigroup: Buy Now” published on May 01, 2018 as well as 247Wallst.com‘s news article titled: “Major Banks See Rising Tide of Short Interest” with publication date: May 25, 2018.

Among 41 analysts covering Citigroup Inc. (NYSE:C), 24 have Buy rating, 2 Sell and 15 Hold. Therefore 59% are positive. Citigroup Inc. had 126 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Market Perform” rating by Wood on Wednesday, January 17. As per Monday, March 26, the company rating was maintained by Oppenheimer. The rating was maintained by Oppenheimer on Tuesday, October 6 with “Outperform”. The stock has “Underperform” rating by Raymond James on Wednesday, September 27. On Wednesday, January 11 the stock rating was reinitiated by UBS with “Sell”. The firm has “Outperform” rating given on Monday, October 19 by Macquarie Research. On Wednesday, August 26 the stock rating was downgraded by JP Morgan to “Overweight”. On Friday, July 7 the stock rating was maintained by Jefferies with “Hold”. As per Monday, October 9, the company rating was maintained by Citigroup. The company was upgraded on Thursday, April 5 by UBS.

Investors sentiment decreased to 1.11 in 2017 Q4. Its down 0.03, from 1.14 in 2017Q3. It dropped, as 42 investors sold HON shares while 490 reduced holdings. 154 funds opened positions while 439 raised stakes. 531.30 million shares or 5.59% less from 562.75 million shares in 2017Q3 were reported. Kwmg Ltd Liability Corp accumulated 0.14% or 3,000 shares. Fayerweather Charles reported 0.31% in Honeywell International Inc. (NYSE:HON). Mackenzie Fincl Corporation invested in 363,846 shares or 0.13% of the stock. Aqr Capital Llc reported 0.29% in Honeywell International Inc. (NYSE:HON). Comml Bank Of The Ozarks owns 0.6% invested in Honeywell International Inc. (NYSE:HON) for 10,335 shares. Massachusetts-based Martingale Asset Management Lp has invested 0.73% in Honeywell International Inc. (NYSE:HON). Baystate Wealth Management Ltd Limited Liability Company holds 0.01% or 406 shares in its portfolio. Capital Mgmt Lc has 0.06% invested in Honeywell International Inc. (NYSE:HON) for 4,640 shares. Cap Advsr Ltd Limited Liability accumulated 43 shares. Da Davidson & Company holds 0.16% or 49,162 shares in its portfolio. Mckinley Mgmt Lc Delaware stated it has 0.34% in Honeywell International Inc. (NYSE:HON). Forte Capital Ltd Com Adv accumulated 3,934 shares. Metropolitan Life Insur New York owns 137,177 shares. Monetta Finance owns 7,000 shares. 14,367 are held by Mount Vernon Assocs Md.

Since February 14, 2018, it had 0 insider purchases, and 2 insider sales for $874,731 activity. Shares for $426,291 were sold by Deily Linnet F on Wednesday, February 14.

Another recent and important Honeywell International Inc. (NYSE:HON) news was published by Seekingalpha.com which published an article titled: “Honeywell declares war on fixed costs” on May 22, 2018.

Among 21 analysts covering Honeywell International Inc. (NYSE:HON), 17 have Buy rating, 0 Sell and 4 Hold. Therefore 81% are positive. Honeywell International Inc. had 97 analyst reports since July 30, 2015 according to SRatingsIntel. Stifel Nicolaus maintained the shares of HON in report on Thursday, August 24 with “Buy” rating. The firm earned “Buy” rating on Monday, April 23 by Stifel Nicolaus. RBC Capital Markets maintained Honeywell International Inc. (NYSE:HON) on Monday, October 19 with “Outperform” rating. The stock of Honeywell International Inc. (NYSE:HON) has “Overweight” rating given on Monday, April 25 by Morgan Stanley. On Monday, April 24 the stock rating was maintained by RBC Capital Markets with “Outperform”. Robert W. Baird maintained it with “Buy” rating and $187.0 target in Tuesday, February 20 report. Cowen & Co maintained the stock with “Buy” rating in Monday, January 22 report. The company was maintained on Tuesday, August 8 by Cowen & Co. Stifel Nicolaus maintained the shares of HON in report on Friday, January 19 with “Buy” rating. Jefferies maintained the shares of HON in report on Tuesday, September 26 with “Buy” rating.

Analysts await Honeywell International Inc. (NYSE:HON) to report earnings on July, 20. They expect $2.00 EPS, up 11.11% or $0.20 from last year’s $1.8 per share. HON’s profit will be $1.49 billion for 18.83 P/E if the $2.00 EPS becomes a reality. After $1.95 actual EPS reported by Honeywell International Inc. for the previous quarter, Wall Street now forecasts 2.56% EPS growth.

Winslow Capital Management Llc, which manages about $33.78B and $18.18 billion US Long portfolio, upped its stake in Charter Comm Inc by 1,345 shares to 939,428 shares, valued at $315.61 million in 2017Q4, according to the filing. It also increased its holding in Fedex Corp (NYSE:FDX) by 247,361 shares in the quarter, for a total of 1.27 million shares, and has risen its stake in Adobe Systems Inc (NASDAQ:ADBE).

Citigroup Inc. (NYSE:C) Institutional Positions Chart

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