Jones Financial Companies Lllp Increases Position in Citigroup (C); As Wex (WEX) Shares Declined, Credit Agricole S A Lifted Its Holding

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Jones Financial Companies Lllp increased its stake in Citigroup Inc (C) by 2.6% based on its latest 2018Q3 regulatory filing with the SEC. Jones Financial Companies Lllp bought 4,429 shares as the company’s stock declined 18.04% with the market. The institutional investor held 174,547 shares of the major banks company at the end of 2018Q3, valued at $12.52 million, up from 170,118 at the end of the previous reported quarter. Jones Financial Companies Lllp who had been investing in Citigroup Inc for a number of months, seems to be bullish on the $149.78 billion market cap company. The stock increased 0.91% or $0.57 during the last trading session, reaching $63.24. About 4.56M shares traded. Citigroup Inc. (NYSE:C) has declined 23.89% since February 13, 2018 and is downtrending. It has underperformed by 23.89% the S&P500. Some Historical C News: 12/04/2018 – SBA COMMUNICATIONS IN REFINANCING PACT W/CITI FOR ITS REVOLVER; 06/03/2018 – CITIGROUP INC – SGD 100 MLN REDEMPTION OF 3.50% FIXED RATE / FLOATING RATE SUBORDINATED NOTES DUE APRIL 2020; 16/03/2018 – CITI REMOVES ROSNEFT FROM FOCUS LIST ON POLITICAL TENSIONS; 23/03/2018 – Texas’s Merlon Is Said to Seek Partner for Egyptian Oilfield; 29/03/2018 – HSBC to pay $100 mln to end Libor rigging lawsuit in U.S; 07/04/2018 – One of the central arguments in Trump’s attacks on Amazon is all wrong – and it’s Citigroup’s fault; 05/04/2018 – SOUTH32 LTD S32.L : CITIGROUP RAISES TO NEUTRAL FROM SELL; 14/05/2018 – FIL Adds Voya Financial, Exits Dentsply, Cuts Citigroup: 13F; 13/04/2018 – Citigroup, Wells Fargo and J.P. Morgan Chase all reported quarterly earnings and revenue that surpassed analyst expectations; 26/04/2018 – USG CORP USG.N : CITIGROUP RAISES TARGET PRICE TO $43 FROM $42

Credit Agricole S A increased its stake in Wex Inc (WEX) by 40.96% based on its latest 2018Q3 regulatory filing with the SEC. Credit Agricole S A bought 6,800 shares as the company’s stock declined 21.54% with the market. The institutional investor held 23,400 shares of the business services company at the end of 2018Q3, valued at $4.70 million, up from 16,600 at the end of the previous reported quarter. Credit Agricole S A who had been investing in Wex Inc for a number of months, seems to be bullish on the $7.36B market cap company. The stock increased 0.64% or $1.08 during the last trading session, reaching $170.8. About 111,048 shares traded. WEX Inc. (NYSE:WEX) has risen 18.99% since February 13, 2018 and is uptrending. It has outperformed by 18.99% the S&P500. Some Historical WEX News: 07/05/2018 – WEX Presenting at JPMorgan Conference May 15; 03/05/2018 – Winland Electronics Sees FY Rev $1.44B-$1.48B; 03/05/2018 – WEX 1Q EPS $1.12; 03/05/2018 – WEX INC WEX.N SEES FY 2018 REVENUE $1.435 BLN TO $1.475 BLN; 04/05/2018 – lnfinisource Benefit Services wins CDH Platform Partner of the Year Award from WEX Health, Inc; 14/03/2018 – WEX Inc. Introduces Proprietary Payments Solution for Mixed Fleets: Cross Roads™; 09/04/2018 – WEX to Modify Presentation of Some Line Items in Financials, Starting in 1Q; 02/04/2018 – Fidelity Select Tech Adds Intuit, Exits Wex, Cuts Facebook; 03/05/2018 – WEX INC WEX.N FY2018 SHR VIEW $7.68 — THOMSON REUTERS l/B/E/S; 02/05/2018 – WEX Health Announces Partner Excellence Award Winners

More notable recent Citigroup Inc. (NYSE:C) news were published by: Businesswire.com which released: “Citi Launches CitiDirect BE® Cash Concentration – Business Wire” on February 13, 2019, also Benzinga.com with their article: “Citigroup Inc. (NYSE:C), C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) – Analysts React To C.H. Robinson’s Q4 Results – Benzinga” published on January 31, 2019, Bizjournals.com published: “Markets respond in favor of BB&T-SunTrust merger – Charlotte Business Journal” on February 12, 2019. More interesting news about Citigroup Inc. (NYSE:C) were released by: Seekingalpha.com and their article: “Just Keep Banking On Citigroup – Seeking Alpha” published on January 21, 2019 as well as Seekingalpha.com‘s news article titled: “Massive trove of loan documents leaked – Techcrunch – Seeking Alpha” with publication date: January 23, 2019.

Jones Financial Companies Lllp, which manages about $44.71 billion US Long portfolio, decreased its stake in Vanguard Total Bd Market Etf (BND) by 3.24 million shares to 47.06M shares, valued at $3.70 billion in 2018Q3, according to the filing. It also reduced its holding in Vanguard (VYM) by 27,011 shares in the quarter, leaving it with 695,139 shares, and cut its stake in Vanguard Growth Etf (VUG).

Investors sentiment is 1.02 in Q3 2018. Its the same as in 2018Q2. It is without change, as 52 investors sold C shares while 470 reduced holdings. only 122 funds opened positions while 410 raised stakes. 1.80 billion shares or 3.35% less from 1.86 billion shares in 2018Q2 were reported. Ckw Group reported 0.02% of its portfolio in Citigroup Inc. (NYSE:C). Investec Asset North America has invested 1.98% in Citigroup Inc. (NYSE:C). Hirtle Callaghan & Lc reported 0.02% stake. Qs Limited Liability reported 201,125 shares stake. Trust Company Of Virginia Va owns 3,689 shares or 0.04% of their US portfolio. 613,708 were accumulated by Foundry Prtn Lc. Checchi Capital Advisers Ltd Liability Corporation accumulated 28,329 shares. 182,073 are held by Berkshire Asset Management Limited Liability Company Pa. Front Barnett Associates Lc reported 137,455 shares. River Mercantile Asset Mngmt Ltd Liability Partnership reported 14.16% of its portfolio in Citigroup Inc. (NYSE:C). National Bank Of Hawaii owns 19,376 shares. 17,100 are held by Cullen Capital Ltd Llc. Alpine Woods Capital Ltd Limited Liability Company invested in 0.32% or 21,680 shares. Independent Order Of Foresters holds 5,735 shares. Parsons Cap Mgmt Incorporated Ri reported 56,536 shares or 0.43% of all its holdings.

Among 40 analysts covering Citigroup Inc. (NYSE:C), 25 have Buy rating, 2 Sell and 13 Hold. Therefore 63% are positive. Citigroup Inc. had 136 analyst reports since July 21, 2015 according to SRatingsIntel. Oppenheimer maintained the shares of C in report on Friday, January 29 with “Outperform” rating. Vetr downgraded Citigroup Inc. (NYSE:C) on Thursday, August 6 to “Hold” rating. The rating was downgraded by Zacks to “Buy” on Friday, August 14. On Tuesday, September 5 the stock rating was initiated by Vertical Group with “Buy”. The stock of Citigroup Inc. (NYSE:C) has “Market Perform” rating given on Wednesday, January 17 by Wood. On Monday, October 10 the stock rating was maintained by Jefferies with “Buy”. The company was maintained on Friday, July 14 by BMO Capital Markets. The stock of Citigroup Inc. (NYSE:C) earned “Buy” rating by Keefe Bruyette & Woods on Monday, September 18. The rating was upgraded by DZ Bank on Wednesday, February 7 to “Buy”. Nomura maintained the shares of C in report on Friday, October 13 with “Buy” rating.

Credit Agricole S A, which manages about $2.09B US Long portfolio, decreased its stake in Intel Corp (NASDAQ:INTC) by 118,311 shares to 118,591 shares, valued at $5.61M in 2018Q3, according to the filing. It also reduced its holding in Goodyear Tire & Rubr Co (NASDAQ:GT) by 26,388 shares in the quarter, leaving it with 95,216 shares, and cut its stake in Cyberark Software Ltd (NASDAQ:CYBR).

Investors sentiment decreased to 1.35 in Q3 2018. Its down 0.04, from 1.39 in 2018Q2. It fall, as 24 investors sold WEX shares while 82 reduced holdings. 46 funds opened positions while 97 raised stakes. 39.84 million shares or 3.73% less from 41.38 million shares in 2018Q2 were reported. Moreover, Ing Groep Nv has 0.01% invested in WEX Inc. (NYSE:WEX) for 3,971 shares. Royal Financial Bank Of Canada stated it has 148,880 shares. Jupiter Asset Mgmt Ltd holds 59,565 shares. Ontario – Canada-based Mackenzie Corporation has invested 0% in WEX Inc. (NYSE:WEX). Psagot Inv House reported 0.04% stake. Earnest Prns Llc reported 0% stake. Comm National Bank & Trust has 1,732 shares for 0% of their portfolio. Yorktown Mngmt & Rech Com Incorporated holds 1,800 shares or 0.11% of its portfolio. First Mercantile Tru has invested 0.21% in WEX Inc. (NYSE:WEX). Citadel Advsr Limited Company owns 173,912 shares for 0.02% of their portfolio. C M Bidwell And Limited holds 0.53% or 2,790 shares in its portfolio. Sheets Smith Wealth Mgmt invested in 2,819 shares or 0.12% of the stock. Brinker Capital reported 6,818 shares stake. Tower Rech Cap Ltd Limited Liability Company (Trc) owns 3,352 shares. 207,934 are owned by Goldman Sachs.

Among 20 analysts covering WEX (NYSE:WEX), 13 have Buy rating, 0 Sell and 7 Hold. Therefore 65% are positive. WEX had 78 analyst reports since August 14, 2015 according to SRatingsIntel. Citigroup maintained the shares of WEX in report on Friday, July 20 with “Buy” rating. The rating was maintained by Barclays Capital on Wednesday, October 11 with “Equal-Weight”. The firm earned “Equal-Weight” rating on Thursday, July 19 by Morgan Stanley. The company was upgraded on Thursday, April 26 by Citigroup. The firm earned “Equal-Weight” rating on Thursday, November 2 by Barclays Capital. JP Morgan downgraded the shares of WEX in report on Friday, August 14 to “Underweight” rating. Morgan Stanley maintained WEX Inc. (NYSE:WEX) rating on Thursday, February 22. Morgan Stanley has “Equal-Weight” rating and $159 target. Goldman Sachs upgraded WEX Inc. (NYSE:WEX) on Monday, September 11 to “Buy” rating. On Sunday, August 6 the stock rating was maintained by Oppenheimer with “Buy”. The rating was maintained by Deutsche Bank with “Hold” on Monday, September 21.

WEX Inc. (NYSE:WEX) Institutional Positions Chart