Elm Ridge Management Lowered Citigroup (C) Position by $1.98 Million; As Amazon.Com (AMZN) Stock Rose, Holder Wellington Shields Capital Management Has Decreased by $344,855 Its Position

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Ron Gutfleish decreased its stake in Citigroup Inc (C) by 15.98% based on its latest 2017Q4 regulatory filing with the SEC. Elm Ridge Management Llc sold 26,800 shares as the company’s stock declined 9.55% with the market. The hedge fund run by Ron Gutfleish held 140,945 shares of the major banks company at the end of 2017Q4, valued at $10.49 million, down from 167,745 at the end of the previous reported quarter. Elm Ridge Management Llc who had been investing in Citigroup Inc for a number of months, seems to be less bullish one the $174.08B market cap company. The stock decreased 1.04% or $0.72 during the last trading session, reaching $68.27. About 12.24M shares traded. Citigroup Inc. (NYSE:C) has risen 17.06% since May 1, 2017 and is uptrending. It has outperformed by 5.51% the S&P500.

Wellington Shields Capital Management Llc decreased its stake in Amazon.Com Inc (AMZN) by 4.51% based on its latest 2017Q4 regulatory filing with the SEC. Wellington Shields Capital Management Llc sold 295 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 6,246 shares of the consumer services company at the end of 2017Q4, valued at $7.31M, down from 6,541 at the end of the previous reported quarter. Wellington Shields Capital Management Llc who had been investing in Amazon.Com Inc for a number of months, seems to be less bullish one the $759.93 billion market cap company. The stock decreased 0.41% or $6.49 during the last trading session, reaching $1566.13. About 4.80 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since May 1, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

Since February 27, 2018, it had 0 buys, and 6 selling transactions for $4.97 million activity. Hu W. Bradford also sold $611,804 worth of Citigroup Inc. (NYSE:C) shares. Gerspach John C had sold 7,000 shares worth $542,920 on Tuesday, February 27. Forese James A. sold $500,666 worth of stock. $263,126 worth of Citigroup Inc. (NYSE:C) was sold by MURRAY JOSEPH MICHAEL. $536,410 worth of stock was sold by Callahan Don on Wednesday, February 28.

Investors sentiment decreased to 1.07 in Q4 2017. Its down 0.28, from 1.35 in 2017Q3. It dropped, 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. Indexiq Advsr Limited Co reported 12,839 shares or 0.04% of all its holdings. 1,753 were accumulated by Sanctuary Wealth Advisors Ltd Llc. Pinnacle Finance Partners owns 0.36% invested in Citigroup Inc. (NYSE:C) for 45,468 shares. Taylor Asset Mngmt holds 256,900 shares or 6.71% of its portfolio. Sarasin Prtn Llp invested in 2.02% or 1.40M shares. Webster Bancshares N A reported 22,264 shares. Public Sector Pension Invest Board has 1.63 million shares for 0.8% of their portfolio. 12,561 were accumulated by Highlander Capital Limited Co. Hennessy Advsrs owns 22,500 shares. Deutsche Bankshares Ag accumulated 8.99 million shares or 0.43% of the stock. Busey Co accumulated 251,896 shares. Moreover, Ulysses Lc has 3.01% invested in Citigroup Inc. (NYSE:C). Regent Investment Ltd Liability Corp holds 0.64% or 26,230 shares in its portfolio. Intact Invest Mgmt Inc accumulated 0.03% or 8,400 shares. Cls Investments Ltd Liability Com holds 0% or 388 shares.

Analysts await Citigroup Inc. (NYSE:C) to report earnings on July, 13. They expect $1.58 EPS, up 24.41% or $0.31 from last year’s $1.27 per share. C’s profit will be $4.03B for 10.80 P/E if the $1.58 EPS becomes a reality. After $1.68 actual EPS reported by Citigroup Inc. for the previous quarter, Wall Street now forecasts -5.95% negative EPS growth.

Among 40 analysts covering Citigroup Inc. (NYSE:C), 23 have Buy rating, 2 Sell and 15 Hold. Therefore 58% are positive. Citigroup Inc. had 125 analyst reports since July 21, 2015 according to SRatingsIntel. Bank of America downgraded Citigroup Inc. (NYSE:C) on Wednesday, October 11 to “Neutral” rating. Keefe Bruyette & Woods maintained the shares of C in report on Wednesday, April 4 with “Hold” rating. BMO Capital Markets maintained the shares of C in report on Friday, April 13 with “Hold” rating. The stock of Citigroup Inc. (NYSE:C) earned “Hold” rating by Deutsche Bank on Tuesday, January 26. As per Monday, April 30, the company rating was maintained by Morgan Stanley. The company was downgraded on Wednesday, January 17 by Wood. The stock has “Hold” rating by Standpoint Research on Tuesday, January 10. The firm earned “Overweight” rating on Wednesday, December 21 by Atlantic Securities. The stock of Citigroup Inc. (NYSE:C) has “Market Perform” rating given on Friday, September 4 by BMO Capital Markets. Macquarie Research downgraded the shares of C in report on Friday, November 18 to “Neutral” rating.

Wellington Shields Capital Management Llc, which manages about $901.02 million and $644.18 million US Long portfolio, upped its stake in Cvs Health Corporation (NYSE:CVS) by 32,662 shares to 61,861 shares, valued at $4.49M in 2017Q4, according to the filing. It also increased its holding in Starbucks (NASDAQ:SBUX) by 5,300 shares in the quarter, for a total of 13,610 shares, and has risen its stake in Accenture Ltd (NYSE:ACN).

Investors sentiment increased to 1.29 in 2017 Q4. Its up 0.03, from 1.26 in 2017Q3. It is positive, as 69 investors sold AMZN shares while 578 reduced holdings. 168 funds opened positions while 667 raised stakes. 280.02 million shares or 0.09% more from 279.77 million shares in 2017Q3 were reported. Northeast Financial Consultants owns 6,112 shares for 2.38% of their portfolio. Retirement System Of Alabama stated it has 278,309 shares. Torch Wealth Management Lc invested in 0.43% or 599 shares. Guild Management stated it has 335 shares. Evanson Asset Management Ltd Liability reported 1,296 shares or 0.31% of all its holdings. The Georgia-based Cap Investment Advisors Lc has invested 0.4% in Amazon.com, Inc. (NASDAQ:AMZN). Jaffetilchin Inv Prns Limited Liability Corp, Florida-based fund reported 365 shares. 5,164 were accumulated by Bancshares Hapoalim Bm. Investec Asset Mgmt Ltd has 1.12% invested in Amazon.com, Inc. (NASDAQ:AMZN) for 232,523 shares. Maple Capital Mngmt Inc holds 573 shares or 0.17% of its portfolio. Arete Wealth Advisors Ltd Limited Liability Company, a Illinois-based fund reported 1,151 shares. National Asset Management Inc holds 8,587 shares or 1.36% of its portfolio. Falcon Edge Cap LP has invested 5.18% in Amazon.com, Inc. (NASDAQ:AMZN). Raymond James Fincl Service Advisors stated it has 108,586 shares or 0.79% of all its holdings. Sunbelt holds 1.43% of its portfolio in Amazon.com, Inc. (NASDAQ:AMZN) for 1,260 shares.

Since December 7, 2017, it had 0 insider buys, and 13 selling transactions for $45.88 million activity. Blackburn Jeffrey M had sold 12,666 shares worth $18.50 million on Thursday, February 15. The insider Reynolds Shelley sold $795,502. The insider WILKE JEFFREY A sold $387,475. $2.90 million worth of Amazon.com, Inc. (NASDAQ:AMZN) shares were sold by Jassy Andrew R. Another trade for 2,216 shares valued at $3.24 million was sold by Zapolsky David. ALBERG TOM A sold 670 shares worth $1.01M.

Among 54 analysts covering Amazon.com (NASDAQ:AMZN), 51 have Buy rating, 0 Sell and 3 Hold. Therefore 94% are positive. Amazon.com has $2020 highest and $105 lowest target. $1476.14’s average target is -5.75% below currents $1566.13 stock price. Amazon.com had 300 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Friday, March 9 by Evercore. As per Wednesday, February 21, the company rating was maintained by M Partners. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Monday, July 17 by UBS. On Tuesday, January 16 the stock rating was maintained by BMO Capital Markets with “Buy”. Morgan Stanley maintained the shares of AMZN in report on Friday, February 3 with “Overweight” rating. The firm has “Buy” rating given on Thursday, March 15 by Wells Fargo. The rating was maintained by Canaccord Genuity on Friday, April 27 with “Buy”. The firm has “Buy” rating by Morgan Stanley given on Monday, August 28. The firm earned “Buy” rating on Friday, October 23 by UBS. As per Wednesday, September 28, the company rating was maintained by Maxim Group.

Amazon.com, Inc. (NASDAQ:AMZN) Institutional Positions Chart