As Citigroup (C) Stock Value Rose, Buckingham Capital Management Increased Position by $501,600; Adell Harriman & Carpenter Cut Stake in Morgan Stanley (MS) by $117.13 Million

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Adell Harriman & Carpenter Inc decreased its stake in Morgan Stanley (MS) by 15.09% based on its latest 2018Q2 regulatory filing with the SEC. Adell Harriman & Carpenter Inc sold 2,471 shares as the company’s stock declined 7.98% while stock markets rallied. The institutional investor held 13,900 shares of the investment bankers and brokers and service company at the end of 2018Q2, valued at $658.86 million, down from 16,371 at the end of the previous reported quarter. Adell Harriman & Carpenter Inc who had been investing in Morgan Stanley for a number of months, seems to be less bullish one the $71.03 billion market cap company. The stock decreased 4.24% or $1.83 during the last trading session, reaching $41.29. About 6.49M shares traded. Morgan Stanley (NYSE:MS) has risen 3.78% since December 6, 2017 and is uptrending. It has underperformed by 11.84% the S&P500. Some Historical MS News: 24/05/2018 – Italy 10-yr yield above 2.4 pct may trigger wider contagion-Morgan Stanley; 02/04/2018 – CNBC Exclusive: CNBC Transcript: Morgan Stanley Chairman & CEO James Gorman Speaks with CNBC’s Melissa Lee on CNBC’s “Closing Bell” Today; 24/04/2018 – MORGAN STANLEY CAP FORM 8.5 (EPT/RI) – SHIRE; 13/03/2018 – GREAT PORTLAND ESTATES PLC GPOR.L : MORGAN STANLEY RAISES TARGET PRICE TO 660P FROM 620P; 14/05/2018 – BILL FRAUENHOFER TO JOIN MORGAN STANLEY IN MENLO PARK, CA; 10/05/2018 – VOLVO CARS SAID TO PICK GOLDMAN, CITI, MORGAN STANLEY FOR IPO; 10/04/2018 – From housing projects to TV: Tracy Morgan gets his Hollywood star; 08/05/2018 – Morgan Stanley Income Securities, Inc. Declares a Dividend; 09/04/2018 – BRAZOS MIDSTREAM TO SELL DELAWARE BASIN UNITS TO MORGAN STANLEY; 12/05/2018 – Dear Sugars: Listen to `Dear Sugars’: Rage Is a Red Lesson – With Morgan Jerkins

Buckingham Capital Management Inc increased its stake in Citigroup Inc (C) by 5.34% based on its latest 2018Q2 regulatory filing with the SEC. Buckingham Capital Management Inc bought 7,600 shares as the company’s stock rose 4.79% with the market. The hedge fund held 149,843 shares of the major banks company at the end of 2018Q2, valued at $10.03 million, up from 142,243 at the end of the previous reported quarter. Buckingham Capital Management Inc who had been investing in Citigroup Inc for a number of months, seems to be bullish on the $143.57B market cap company. The stock decreased 5.57% or $3.47 during the last trading session, reaching $58.79. About 16.84 million shares traded. Citigroup Inc. (NYSE:C) has risen 2.50% since December 6, 2017 and is uptrending. It has underperformed by 13.12% the S&P500. Some Historical C News: 11/04/2018 – CITIGROUP COMMODITY HEAD ED MORSE ON BLOOMBERG RADIO; 29/03/2018 – REPSOL REP.MC : CITIGROUP RAISES TARGET PRICE TO 16.40 EUROS FROM 14.70 EUROS; 24/04/2018 – Citi chairman says all options on table to find his replacement; 20/03/2018 – CapMarketsAfrica: Ghana Is Said to Name Citi, Three Others to Market Eurobond; 14/03/2018 – C: Citigroup says ‘malicious actor’ tried to hack credit cards tied to the Defense Department; 13/04/2018 – Citigroup 1Q Global Consumer Banking Rev $8.43B; 06/03/2018 – STAG Industrial Announces Updated Time For Its Presentation At Citi’s 2018 Global Property CEO Conference On March 7, 2018; 12/04/2018 – CITI APPOINTS ANGEL NG AS CITI HEAD FOR HONG KONG, MACAU; 13/04/2018 – CITIGROUP SEEING GOOD CREDIT PERFORMANCE AROUND THE WORLD, SAYS CFO; 17/05/2018 – HK Regulator: Citi Failed to Conduct Adequate Due Diligence on China-Based Real Gold Mining’s Customers

Since July 19, 2018, it had 0 insider buys, and 1 insider sale for $34,605 activity.

More notable recent Citigroup Inc. (NYSE:C) news were published by: Benzinga.com which released: “Dan Nathan’s Citigroup Options Trade (NYSE:C) – Benzinga” on December 03, 2018, also Seekingalpha.com with their article: “Banks fall premarket after Citi, JPMorgan note weak trading – Seeking Alpha” published on December 06, 2018, Seekingalpha.com published: “Citigroup: Not Necessarily Cheaper Than Its Peers – Seeking Alpha” on November 20, 2018. More interesting news about Citigroup Inc. (NYSE:C) were released by: Nasdaq.com and their article: “Is Citigroup Stock Too Cheap To Ignore? – Nasdaq” published on November 20, 2018 as well as Benzinga.com‘s news article titled: “Pro: Citigroup (NYSE:C) Should Acquire Deutsche Bank (NYSE:DB) – Benzinga” with publication date: December 04, 2018.

Buckingham Capital Management Inc, which manages about $1.17 billion and $1.01 billion US Long portfolio, decreased its stake in Kapstone Paper & Packaging C (NYSE:KS) by 73,800 shares to 48,430 shares, valued at $1.67M in 2018Q2, according to the filing. It also reduced its holding in Amazon Com Inc (NASDAQ:AMZN) by 900 shares in the quarter, leaving it with 20,349 shares, and cut its stake in Lowes Cos Inc (NYSE:LOW).

Among 40 analysts covering Citigroup Inc. (NYSE:C), 24 have Buy rating, 2 Sell and 14 Hold. Therefore 60% are positive. Citigroup Inc. had 131 analyst reports since July 21, 2015 according to SRatingsIntel. On Wednesday, January 17 the stock rating was maintained by Wells Fargo with “Buy”. The firm has “Buy” rating given on Friday, August 28 by Guggenheim. The firm has “Overweight” rating by Morgan Stanley given on Friday, October 13. The stock has “Buy” rating by DZ Bank on Wednesday, February 7. The rating was downgraded by Vetr to “Hold” on Thursday, August 6. The firm earned “Hold” rating on Friday, July 7 by Jefferies. Wood downgraded the shares of C in report on Monday, April 18 to “Market Perform” rating. The firm has “Hold” rating by Societe Generale given on Tuesday, September 12. Keefe Bruyette & Woods maintained Citigroup Inc. (NYSE:C) rating on Wednesday, April 4. Keefe Bruyette & Woods has “Hold” rating and $7400 target. The stock has “Overweight” rating by Barclays Capital on Tuesday, January 3.

Investors sentiment increased to 1.02 in 2018 Q2. Its up 0.13, from 0.89 in 2018Q1. It increased, as 74 investors sold C shares while 455 reduced holdings. 108 funds opened positions while 433 raised stakes. 1.86 billion shares or 2.08% less from 1.90 billion shares in 2018Q1 were reported. Ibm Retirement Fund owns 0.74% invested in Citigroup Inc. (NYSE:C) for 52,644 shares. State Treasurer State Of Michigan owns 754,956 shares. Cypress Capital Mgmt Ltd Liability Com (Wy) reported 45 shares. Fisher Asset Mgmt Limited Co has 0% invested in Citigroup Inc. (NYSE:C) for 54,151 shares. Adell Harriman & Carpenter has invested 0% in Citigroup Inc. (NYSE:C). Colrain Capital Lc stated it has 64,255 shares. Salzhauer Michael stated it has 17,174 shares. Sun Life Finance has 0.07% invested in Citigroup Inc. (NYSE:C) for 6,906 shares. Putnam Invs Llc has invested 1.39% of its portfolio in Citigroup Inc. (NYSE:C). White Elm Cap Llc invested in 233,930 shares. 126 were reported by Farmers Comml Bank. Birmingham Mgmt Com Inc Al holds 17,152 shares or 0.49% of its portfolio. Moreover, Joel Isaacson Com Ltd Liability Com has 0.09% invested in Citigroup Inc. (NYSE:C) for 8,298 shares. Parametric Portfolio Assoc Ltd Llc has invested 0.53% of its portfolio in Citigroup Inc. (NYSE:C). M Holdings Securities reported 26,319 shares.

More notable recent Morgan Stanley (NYSE:MS) news were published by: Seekingalpha.com which released: “Goldman Sachs Trading Below Tangible Book Value – Seeking Alpha” on December 05, 2018, also Investorplace.com with their article: “3 Big Stock Charts for Thursday: Adobe, TJX Companies and Morgan Stanley – Investorplace.com” published on November 15, 2018, Investorplace.com published: “3 Big Stock Charts for Tuesday: Morgan Stanley, Ross Stores and Dominion Energy – Investorplace.com” on December 04, 2018. More interesting news about Morgan Stanley (NYSE:MS) were released by: Finance.Yahoo.com and their article: “Friday’s Vital Data: McDonald’s, Twitter and Merck – Yahoo News” published on November 30, 2018 as well as Bizjournals.com‘s news article titled: “Banking Roundup: Wells Fargo fires district managers over improper sales practices… BofA shakes up management – New York Business Journal” with publication date: December 05, 2018.

Adell Harriman & Carpenter Inc, which manages about $528.39 million and $504.60 billion US Long portfolio, upped its stake in Ishares Inc Core Msci Emerging Mkts (IEMG) by 800 shares to 21,517 shares, valued at $1.13 billion in 2018Q2, according to the filing. It also increased its holding in Celgene Corp (NASDAQ:CELG) by 7,780 shares in the quarter, for a total of 28,280 shares, and has risen its stake in Mcdonalds (NYSE:MCD).

Analysts await Morgan Stanley (NYSE:MS) to report earnings on January, 17. They expect $1.00 EPS, up 19.05% or $0.16 from last year’s $0.84 per share. MS’s profit will be $1.72 billion for 10.32 P/E if the $1.00 EPS becomes a reality. After $1.17 actual EPS reported by Morgan Stanley for the previous quarter, Wall Street now forecasts -14.53% negative EPS growth.

Among 30 analysts covering Morgan Stanley (NYSE:MS), 19 have Buy rating, 0 Sell and 11 Hold. Therefore 63% are positive. Morgan Stanley had 106 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Equal-Weight” rating by Barclays Capital on Wednesday, October 18. The rating was initiated by Berenberg on Wednesday, July 13 with “Hold”. As per Tuesday, October 20, the company rating was maintained by Macquarie Research. The rating was maintained by Wells Fargo with “Hold” on Wednesday, December 20. On Thursday, October 6 the stock rating was downgraded by Sandler O’Neill to “Hold”. The firm has “Market Perform” rating given on Tuesday, April 19 by Wood. BMO Capital Markets maintained it with “Outperform” rating and $61 target in Thursday, July 20 report. The rating was upgraded by Guggenheim on Thursday, October 20 to “Buy”. The firm has “Outperform” rating given on Wednesday, October 24 by Wells Fargo. The stock has “Neutral” rating by on Monday, October 10.

Morgan Stanley (NYSE:MS) Institutional Positions Chart

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