Ing Groep Nv Raised Its Citigroup (C) Stake by $14.05 Million; Stock Value Declined; Teradata Del Com (TDC) Holder Kempen Capital Management Has Trimmed Its Stake

August 12, 2018 - By Catherine Diaz

Citigroup Inc. (NYSE:C) Logo

Kempen Capital Management decreased its stake in Teradata Corp Del Com (TDC) by 26.07% based on its latest 2018Q1 regulatory filing with the SEC. Kempen Capital Management sold 37,336 shares as the company’s stock rose 3.94% while stock markets declined. The institutional investor held 105,904 shares of the computer manufacturing company at the end of 2018Q1, valued at $4.20 million, down from 143,240 at the end of the previous reported quarter. Kempen Capital Management who had been investing in Teradata Corp Del Com for a number of months, seems to be less bullish one the $4.84B market cap company. The stock increased 0.05% or $0.02 during the last trading session, reaching $40.63. About 760,514 shares traded. Teradata Corporation (NYSE:TDC) has risen 34.38% since August 12, 2017 and is uptrending. It has outperformed by 21.81% the S&P500. Some Historical TDC News: 21/04/2018 – DJ Teradata Corporation, Inst Holders, 1Q 2018 (TDC); 08/03/2018 – Teradata Names Martyn Etherington As Chief Marketing Officer to Bolster Its Cloud Strategy; 17/05/2018 – Tech Today: Debating Cisco, Dropbox Versus Google, Liking Teradata — Barron’s Blog; 03/05/2018 – TERADATA CORP TDC.N SEES FY 2018 NON-GAAP SHR $1.40 TO $1.46; 03/05/2018 – Teradata Sees 2Q Rev $520M-$530M; 03/05/2018 – TERADATA 1Q REV. $506M, EST. $496.4M; 27/03/2018 – Overstock.com Uses Teradata Path Analysis to Boost its Customer Journey Analytics; 03/05/2018 – TERADATA SEES 2Q ADJ EPS 17C TO 19C, EST. 32C; 28/03/2018 – Teradata Closes Below 50-Day Moving Average: Technicals; 03/05/2018 – Teradata Sees 2018 Rev $2.15B-$2.18B

Ing Groep Nv increased its stake in Citigroup Inc (C) by 287.78% based on its latest 2018Q1 regulatory filing with the SEC. Ing Groep Nv bought 209,748 shares as the company’s stock declined 11.86% with the market. The institutional investor held 282,632 shares of the major banks company at the end of 2018Q1, valued at $19.08M, up from 72,884 at the end of the previous reported quarter. Ing Groep Nv who had been investing in Citigroup Inc for a number of months, seems to be bullish on the $176.82B market cap company. The stock decreased 2.39% or $1.72 during the last trading session, reaching $70.26. About 20.24M shares traded or 24.19% up from the average. Citigroup Inc. (NYSE:C) has risen 10.48% since August 12, 2017 and is uptrending. It has underperformed by 2.09% the S&P500. Some Historical C News: 14/05/2018 – DEUTSCHE BANK FINTECH BANKER RAHUL SINGLA SAID TO JOIN CITI; 19/04/2018 – ZOETIS INC ZTS.N : CITIGROUP RAISES TARGET PRICE TO $98 FROM $85; 23/04/2018 – Citi Establishes Service to Support New SEC Regulations for Mutual Funds; 18/04/2018 – Companies’ efforts to cut borrowing costs squeeze CLO funds; 26/04/2018 – CARVANA CO CVNA.N : CITIGROUP RAISES TARGET PRICE TO $36 FROM $23; 15/05/2018 – Paloma Adds 51job, Exits C.H. Robinson, Cuts Citigroup: 13F; 13/03/2018 – Citi First Quarter 2018 Earnings Review; 11/04/2018 – CITIGROUP’S MORSE: FROTH IN OIL PRICE WILL COME OFF; 05/04/2018 – MXN SEEN AT 18.63 VS USD AT END OF 2018: CITI SURVEY; 27/03/2018 – THREAT OF RECESSION IN U.S. IS VERY LOW: CITI’S MANN

More important recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Tesla and Wall Street: It’s complicated” on August 09, 2018, also Seekingalpha.com published article titled: “Citigroup: Going Higher”, Seekingalpha.com published: “How Will This Bank Fare Going Forward?” on July 22, 2018. More interesting news about Citigroup Inc. (NYSE:C) was released by: Seekingalpha.com and their article: “The Way To View Citigroup Right Now” with publication date: July 16, 2018.

Ing Groep Nv, which manages about $5.88 billion and $5.52B US Long portfolio, decreased its stake in Charter Communications Inc N by 11,006 shares to 5,951 shares, valued at $1.85M in 2018Q1, according to the filing. It also reduced its holding in International Business Machs (NYSE:IBM) by 98,730 shares in the quarter, leaving it with 206,902 shares, and cut its stake in Jd Com Inc (NASDAQ:JD).

Since February 27, 2018, it had 0 insider purchases, and 8 sales for $5.94 million activity. Gerspach John C had sold 12,966 shares worth $937,571 on Monday, May 14. On Thursday, July 19 the insider AKRAM RAJA sold $34,605. Callahan Don had sold 7,000 shares worth $536,410 on Wednesday, February 28. Forese James A. sold $500,666 worth of Citigroup Inc. (NYSE:C) on Tuesday, February 27. Hu W. Bradford had sold 8,010 shares worth $611,804. 3,400 Citigroup Inc. (NYSE:C) shares with value of $263,126 were sold by MURRAY JOSEPH MICHAEL.

Investors sentiment decreased to 0.89 in Q1 2018. Its down 0.18, from 1.07 in 2017Q4. It turned negative, as 89 investors sold C shares while 499 reduced holdings. 114 funds opened positions while 412 raised stakes. 1.90 billion shares or 4.45% less from 1.99 billion shares in 2017Q4 were reported. Focused Wealth Mgmt reported 1.16% in Citigroup Inc. (NYSE:C). Oppenheimer & Company holds 0.64% or 369,621 shares in its portfolio. North Star Investment owns 7,901 shares or 0.06% of their US portfolio. Creative Planning holds 0.06% of its portfolio in Citigroup Inc. (NYSE:C) for 219,615 shares. Pennsylvania accumulated 108,531 shares. Girard Partners, a Pennsylvania-based fund reported 3,911 shares. 10,852 are held by First Midwest Bancshares Tru Division. First Bank & Trust Of Mount Dora Trust Services holds 63,878 shares. South Dakota Inv Council holds 1.01 million shares. Gemmer Asset Llc holds 0.04% or 1,719 shares in its portfolio. Nomura Holding reported 1.15M shares. Lansdowne Ptnrs (Uk) Llp reported 7.35% stake. Granite Investment Prns Limited Liability Corporation owns 8,300 shares or 0.04% of their US portfolio. Condor Cap invested 0.45% in Citigroup Inc. (NYSE:C). Tradewinds Ltd Llc owns 136 shares for 0% of their portfolio.

Among 40 analysts covering Citigroup Inc. (NYSE:C), 24 have Buy rating, 2 Sell and 14 Hold. Therefore 60% are positive. Citigroup Inc. had 130 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Macquarie Research given on Monday, October 19. Wells Fargo maintained Citigroup Inc. (NYSE:C) on Thursday, August 10 with “Outperform” rating. On Tuesday, June 6 the stock rating was maintained by Jefferies with “Hold”. The stock has “Buy” rating by Oppenheimer on Monday, March 26. The firm earned “Buy” rating on Monday, October 9 by Citigroup. Jefferies maintained it with “Hold” rating and $6800 target in Friday, July 7 report. The firm has “Buy” rating given on Wednesday, December 20 by Wells Fargo. The company was upgraded on Monday, August 24 by Vetr. Wells Fargo maintained it with “Buy” rating and $100.0 target in Wednesday, January 17 report. The rating was maintained by Morgan Stanley on Friday, October 13 with “Overweight”.

Investors sentiment increased to 1.02 in 2018 Q1. Its up 0.22, from 0.8 in 2017Q4. It improved, as 37 investors sold TDC shares while 95 reduced holdings. 46 funds opened positions while 89 raised stakes. 117.23 million shares or 4.78% less from 123.11 million shares in 2017Q4 were reported. Dimensional Fund Advsr Ltd Partnership holds 0.02% or 1.21 million shares in its portfolio. Optimum Advsrs owns 0% invested in Teradata Corporation (NYSE:TDC) for 100 shares. Ardevora Asset Limited Liability Partnership reported 990,685 shares stake. State Board Of Administration Of Florida Retirement System holds 198,672 shares or 0.02% of its portfolio. Shelton Capital Mngmt invested in 0.02% or 8,554 shares. Hanson Doremus Invest invested 0.09% of its portfolio in Teradata Corporation (NYSE:TDC). Huntington National Bank holds 0% or 2,269 shares in its portfolio. Gideon Capital reported 15,248 shares. Vanguard Group stated it has 10.72 million shares or 0.02% of all its holdings. 13,791 are held by Creative Planning. 47,886 are owned by Federated Invsts Pa. Pennsylvania-based Pnc Services Gp Incorporated has invested 0% in Teradata Corporation (NYSE:TDC). Retirement System Of Alabama has 0.08% invested in Teradata Corporation (NYSE:TDC) for 415,285 shares. Legal General Grp Inc Public Ltd has invested 0.01% in Teradata Corporation (NYSE:TDC). Hsbc Public Limited Company reported 0% stake.

Kempen Capital Management, which manages about $1.25B US Long portfolio, upped its stake in Prologis Inc Com (NYSE:PLD) by 55,932 shares to 242,213 shares, valued at $15.26M in 2018Q1, according to the filing. It also increased its holding in Trinity Inds Inc Com (NYSE:TRN) by 26,924 shares in the quarter, for a total of 345,104 shares, and has risen its stake in Sk Telecom Ltd Sponsored Adr (NYSE:SKM).

Another recent and important Teradata Corporation (NYSE:TDC) news was published by Seekingalpha.com which published an article titled: “Teradata: Surprising Subscription Results” on August 06, 2018.

Since February 15, 2018, it had 0 insider purchases, and 3 sales for $2.76 million activity. 7,496 shares were sold by RINGLER JAMES M, worth $313,685 on Tuesday, March 6. On Thursday, February 15 the insider STAVROPOULOS WILLIAM S sold $273,124.

Citigroup Inc. (NYSE:C) Institutional Positions Chart

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