As Citigroup (C) Market Valuation Declined, Retirement Systems Of Alabama Has Trimmed Its Position; Genworth Financial (GNW) Shareholder Shah Capital Management Has Lowered Its Position by $904,564 as Stock Price Declined

Genworth Financial, Inc. (NYSE:GNW) Logo

Retirement Systems Of Alabama decreased its stake in Citigroup Inc (C) by 1.61% based on its latest 2018Q3 regulatory filing with the SEC. Retirement Systems Of Alabama sold 35,902 shares as the company’s stock declined 18.04% with the market. The institutional investor held 2.19M shares of the major banks company at the end of 2018Q3, valued at $157.11 million, down from 2.23 million at the end of the previous reported quarter. Retirement Systems Of Alabama who had been investing in Citigroup Inc for a number of months, seems to be less bullish one the $149.31B market cap company. The stock increased 0.59% or $0.37 during the last trading session, reaching $63.04. About 10.71M shares traded. Citigroup Inc. (NYSE:C) has declined 23.89% since February 14, 2018 and is downtrending. It has underperformed by 23.89% the S&P500. Some Historical C News: 06/03/2018 – Safety, Income & Growth to Participate in the Citi 2018 Global Property CEO Conference; 22/03/2018 – Citigroup Sets Restrictions on Gun Sales by Business Partners; 13/04/2018 – Citigroup profit tops estimates on consumer banking strength; 07/03/2018 – VRIO CORP SAYS GOLDMAN SACHS & CO. LLC, J.P. MORGAN, CITIGROUP AND MORGAN STANLEY ARE AMONG UNDERWRITERS TO IPO; 08/05/2018 – Citi Treasury and Trade Solutions Announces New Leadership for North America Commercial Cards and Trade; 20/03/2018 – Moody’s Assigns Definitive Ratings To Seven Cmbs Classes Of Citigroup Commercial Mortgage Trust, Series 2018-B2; 09/03/2018 – Fortunate100: Morgan Stanley, Citi plan Brexit job moves – sources| Reuters; 06/03/2018 – World Economic Forum leads creation of fintech cybersecurity consortium; 20/03/2018 – NEXT BANXICO POLICY MOVE SEEN AS +25BPS, CITI SURVEY SHOWS; 20/03/2018 – Citi Hires Women-Owned Firms to Lead Distribution of $250 Million Citigroup Inc. Subordinated Bond Issuance

Shah Capital Management decreased its stake in Genworth Financial Inc (GNW) by 3.41% based on its latest 2018Q3 regulatory filing with the SEC. Shah Capital Management sold 226,141 shares as the company’s stock declined 6.37% with the market. The hedge fund held 6.40M shares of the life insurance company at the end of 2018Q3, valued at $26.70 million, down from 6.63M at the end of the previous reported quarter. Shah Capital Management who had been investing in Genworth Financial Inc for a number of months, seems to be less bullish one the $2.30 billion market cap company. The stock decreased 0.43% or $0.02 during the last trading session, reaching $4.59. About 2.84M shares traded. Genworth Financial, Inc. (NYSE:GNW) has risen 26.04% since February 14, 2018 and is uptrending. It has outperformed by 26.04% the S&P500. Some Historical GNW News: 09/05/2018 – GENWORTH MORTGAGE INSURANCE AUSTRALIA LTD – GUIDANCE FOR 2018 REMAINS UNCHANGED; 24/04/2018 – GENWORTH & OCEANWIDE WITHDRAW & REFILE CFIUS JOINT NOTICE; 24/04/2018 – Genworth and Oceanwide Withdraw and Refile CFIUS Joint Notice; 27/03/2018 – Leading Brands JPMorgan Chase & Co., Anthem, Inc., and Genworth Financial, Inc. to Keynote at PegaWorld 2018; 07/03/2018 – Genworth Closes $450 Million Senior Secured Term Loan; 27/03/2018 – GENWORTH FINANCIAL INC – FOURTH WAIVER AND AGREEMENT EXTENDS PREVIOUS DEADLINE OF APRIL 1, 2018 TO JULY 1, 2018; 27/03/2018 – GENWORTH & OCEANWIDE EXTEND MERGER PACT TO JULY 1; 24/04/2018 – Genworth to Provide Cfius Additional Time to Review and Discuss the Proposed Transaction Between Genworth and Oceanwide; 07/03/2018 Genworth Mortgage on bankers’ block trade watch list; 13/04/2018 – GENWORTH FINL INC: FILES MIXED SECURITIES SHELF

More notable recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Clearway Energy declares $0.20 dividend – Seeking Alpha” on February 14, 2019, also Seekingalpha.com with their article: “Can Cameco Continue To Ride The Uranium Price Rebound? – Seeking Alpha” published on February 11, 2019, Benzinga.com published: “Citigroup Inc. (NYSE:C), C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) – Analysts React To C.H. Robinson’s Q4 Results – Benzinga” on January 31, 2019. More interesting news about Citigroup Inc. (NYSE:C) were released by: Seekingalpha.com and their article: “Aurora Cannabis’ Second Quarter Financials Cause Serious Concern – Seeking Alpha” published on February 13, 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.

Retirement Systems Of Alabama, which manages about $21.19B US Long portfolio, upped its stake in Goodyear Tire & Rubr Co (NASDAQ:GT) by 25,520 shares to 360,585 shares, valued at $8.43M in 2018Q3, according to the filing. It also increased its holding in General Mls Inc (NYSE:GIS) by 532,891 shares in the quarter, for a total of 811,040 shares, and has risen its stake in General Mtrs Co (NYSE:GM).

Investors sentiment is 1.02 in 2018 Q3. Its the same as in 2018Q2. It is the same, 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. Affinity Invest Lc reported 278,175 shares or 2.63% of all its holdings. Miracle Mile Limited Liability, California-based fund reported 148,162 shares. 24,520 are held by Mariner Wealth Advsr. Riverhead Cap Management Lc reported 51,753 shares. Eagleclaw Managment Llc stated it has 2,814 shares or 0.09% of all its holdings. 99,170 were accumulated by Pacific Glob Mgmt. Twin Cap Mngmt holds 1.23% or 372,650 shares in its portfolio. Moreover, Connable Office Inc has 1.15% invested in Citigroup Inc. (NYSE:C). Bluecrest Mngmt Ltd holds 0.08% of its portfolio in Citigroup Inc. (NYSE:C) for 43,003 shares. Pcj Counsel Ltd has invested 0.05% in Citigroup Inc. (NYSE:C). Fil Limited holds 6.98M shares. Pinnacle Associates, New York-based fund reported 559,844 shares. Davenport owns 2.10 million shares. Lodestar Inv Counsel Limited Com Il has invested 0.05% of its portfolio in Citigroup Inc. (NYSE:C). Wade G W And holds 0.12% or 15,331 shares in its portfolio.

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. The rating was upgraded by BMO Capital Markets on Tuesday, January 15 to “Outperform”. Vertical Group initiated the shares of C in report on Tuesday, September 5 with “Buy” rating. The firm earned “Buy” rating on Monday, October 9 by Credit Suisse. The stock of Citigroup Inc. (NYSE:C) earned “Hold” rating by Vertical Group on Wednesday, January 17. The stock has “Hold” rating by Vetr on Thursday, August 6. As per Tuesday, September 12, the company rating was upgraded by Societe Generale. The stock of Citigroup Inc. (NYSE:C) has “Overweight” rating given on Monday, November 14 by Morgan Stanley. The rating was maintained by Jefferies on Friday, July 7 with “Hold”. As per Sunday, August 13, the company rating was maintained by Keefe Bruyette & Woods. Nomura maintained it with “Buy” rating and $81 target in Friday, October 13 report.

Investors sentiment increased to 1.25 in Q3 2018. Its up 0.17, from 1.08 in 2018Q2. It improved, as 26 investors sold GNW shares while 61 reduced holdings. 41 funds opened positions while 68 raised stakes. 299.04 million shares or 0.28% more from 298.21 million shares in 2018Q2 were reported. Etrade Cap Llc holds 0.01% or 61,843 shares. Marshall Wace Ltd Liability Partnership invested in 0.02% or 535,522 shares. Taconic Cap Advsr Limited Partnership reported 0.57% in Genworth Financial, Inc. (NYSE:GNW). Manufacturers Life Insurance The holds 1.14 million shares. Susquehanna Llp owns 118,910 shares for 0% of their portfolio. Clearbridge Investments Lc reported 0% stake. Mariner Limited Liability Company holds 0.02% or 139,946 shares in its portfolio. Eqis Capital Management holds 0.29% in Genworth Financial, Inc. (NYSE:GNW) or 998,929 shares. Schwab Charles Invest Mngmt reported 3.85M shares. Morgan Stanley invested in 0% or 4.10M shares. Cwm Limited Liability Company has invested 0% in Genworth Financial, Inc. (NYSE:GNW). Strategic Wealth Advsr Grp Inc Ltd Liability Co reported 57,726 shares or 0.03% of all its holdings. Davenport And Com Lc stated it has 105,487 shares. Gemmer Asset Management Lc stated it has 0% in Genworth Financial, Inc. (NYSE:GNW). Alps Inc holds 0.01% or 269,925 shares.

More notable recent Genworth Financial, Inc. (NYSE:GNW) news were published by: Globenewswire.com which released: “Factors of Influence in 2019, Key Indicators and Opportunity within Helmerich & Payne, Genworth Financial, PBF Energy, EastGroup Properties, Helix Energy, and The Clorox — New Research Emphasizes Economic Growth – GlobeNewswire” on February 08, 2019, also Gurufocus.com with their article: “Genworth and Oceanwide Extend Merger Agreement – GuruFocus.com” published on January 30, 2019, Seekingalpha.com published: “Merger Arbitrage Mondays – February 4, 2019 – Seeking Alpha” on February 04, 2019. More interesting news about Genworth Financial, Inc. (NYSE:GNW) were released by: Fool.com and their article: “Here’s Why Genworth Financial Is Up More Than 20% Today – The Motley Fool” published on October 29, 2018 as well as Seekingalpha.com‘s news article titled: “Genworth Set To Fly On CFIUS Approval – Seeking Alpha” with publication date: June 11, 2018.

Among 8 analysts covering Genworth Financial (NYSE:GNW), 1 have Buy rating, 1 Sell and 6 Hold. Therefore 13% are positive. Genworth Financial had 27 analyst reports since August 5, 2015 according to SRatingsIntel. The company was downgraded on Wednesday, November 4 by UBS. The rating was maintained by Keefe Bruyette & Woods on Monday, February 26 with “Hold”. UBS maintained Genworth Financial, Inc. (NYSE:GNW) rating on Tuesday, September 8. UBS has “Neutral” rating and $5.25 target. The stock of Genworth Financial, Inc. (NYSE:GNW) has “Neutral” rating given on Monday, September 19 by Compass Point. Compass Point maintained Genworth Financial, Inc. (NYSE:GNW) rating on Monday, August 10. Compass Point has “Buy” rating and $7.5 target. The stock of Genworth Financial, Inc. (NYSE:GNW) earned “Hold” rating by Keefe Bruyette & Woods on Friday, November 3. The stock has “” rating by Wood on Wednesday, September 2. The firm has “Buy” rating by Compass Point given on Monday, February 8. The company was maintained on Wednesday, April 11 by Keefe Bruyette & Woods. The stock of Genworth Financial, Inc. (NYSE:GNW) earned “Hold” rating by BTIG Research on Wednesday, May 2.

Citigroup Inc. (NYSE:C) Institutional Positions Chart