New England Investment & Retirement Group Boosted Its Stake in Amazon.Com (AMZN) as Market Valuation Declined; Citigroup (C) Market Value Declined While Banque Pictet & Cie Sa Has Cut Its Stake

Citigroup Inc. (NYSE:C) Logo

Banque Pictet & Cie Sa decreased its stake in Citigroup Inc (C) by 11.54% based on its latest 2018Q3 regulatory filing with the SEC. Banque Pictet & Cie Sa sold 41,331 shares as the company’s stock declined 18.04% with the market. The institutional investor held 316,774 shares of the major banks company at the end of 2018Q3, valued at $22.73M, down from 358,105 at the end of the previous reported quarter. Banque Pictet & Cie Sa who had been investing in Citigroup Inc for a number of months, seems to be less bullish one the $149.31 billion 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: 19/04/2018 – BUNGE LTD BG.N : CITIGROUP RAISES TARGET PRICE TO $90 FROM $89; 15/03/2018 – SAUDI ARABIA PICKS CITI, GOLDMAN SACHS, HSBC, MORGAN STANLEY FOR NEW BOND ISSUE; 24/04/2018 – CITI CONCLUDES ANNUAL SHAREHOLDER MEETING IN CHICAGO; 27/03/2018 – Citigroup, Morgan Stanley Gender Pay Gap Wider Than Some Rivals; 19/04/2018 – EBAY INC EBAY.O : CITIGROUP RAISES TARGET PRICE TO $58 FROM $50; 26/04/2018 – Citigroup Says Buy 3% 10-Year Treasuries, Target Rally to 2.65%; 20/03/2018 – Fitch Assigns Final Ratings to Citigroup Commercial Mortgage Trust 2018-B2; 10/04/2018 – HARRIS CORP HRS.N : CITIGROUP RAISES TARGET PRICE TO $183 FROM $160; 03/05/2018 – BULGARIA ENERGY HOLDING COMMENTS ON CITI ON WEBSITE; 20/04/2018 – FACEBOOK: CITI CUTS RANKING PARTLY ON CONCERNS ABOUT INVESTORS REACTION TO MARGIN PRESSURE FROM HEIGHTENED EXPENSE GROWTH, MIX SHIFT TO VIDEO ADVERTISING

New England Investment & Retirement Group Inc increased its stake in Amazon.Com Inc (AMZN) by 12.65% based on its latest 2018Q3 regulatory filing with the SEC. New England Investment & Retirement Group Inc bought 258 shares as the company’s stock declined 15.37% with the market. The institutional investor held 2,297 shares of the consumer services company at the end of 2018Q3, valued at $4.60 million, up from 2,039 at the end of the previous reported quarter. New England Investment & Retirement Group Inc who had been investing in Amazon.Com Inc for a number of months, seems to be bullish on the $805.57 billion market cap company. The stock increased 0.12% or $1.99 during the last trading session, reaching $1640. About 32,850 shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 41.49% since February 14, 2018 and is uptrending. It has outperformed by 41.49% the S&P500. Some Historical AMZN News: 10/04/2018 – MENA B2C E-Commerce Market Report 2018 with Players Digikala, Jumia, and Amazon’s Souq.com Covered – ResearchAndMarkets.com; 02/04/2018 – Dow tanks more than 450 points, Nasdaq closes in correction Amazon leads tech lower; 19/04/2018 – Amazon and Best Buy have announced a new Fire TV Edition smart TVs; 23/04/2018 – SOHN CONFERENCE: ROBBINS OF GLENVIEW RECOMMENDS EXPRESS SCRIPTS ESRX.O , CVS HEALTH CVS.N AND MCKESSON CORP MCK.N; 18/04/2018 – Amazon Prime Has More Than 100 Million Members — 3rd Update; 03/04/2018 – Financial Times: FT Exclusive: Amazon has assembled the biggest lobbying team of any technology company in Washington…; 21/05/2018 – AMAZON STUDIOS- SANDERS TO WORK ALONGSIDE CO-HEAD OF TV, ALBERT CHENG, OVERSEEING CREATIVE AND PRODUCTION UNITS OF TV OPERATION FOR AMAZON PRIME VIDEO; 19/05/2018 – Columbus Biz First: Exclusive: Shifting strategies, Amazon opens its doors to discuss workforce training program; 12/03/2018 – Axios: Exclusive: Amazon is adding a range of business settings to Alexa; 29/03/2018 – Trump Renews Amazon Criticism After Aide Denies Policy Changes

Investors sentiment is 1.02 in Q3 2018. 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. Gabelli Funds Ltd Liability Corporation stated it has 0.23% in Citigroup Inc. (NYSE:C). Culbertson A N & reported 0.56% of its portfolio in Citigroup Inc. (NYSE:C). Baltimore stated it has 3,458 shares or 0.04% of all its holdings. Ulysses Mgmt Limited Liability Company holds 2.42% or 429,900 shares. Signaturefd Ltd Liability holds 0.1% of its portfolio in Citigroup Inc. (NYSE:C) for 13,734 shares. Moreover, Stonebridge Advsrs Ltd Llc has 0.78% invested in Citigroup Inc. (NYSE:C) for 54,087 shares. Williams Jones And Assoc Ltd Liability Corp invested 0.38% of its portfolio in Citigroup Inc. (NYSE:C). Delta Asset Mgmt Ltd Liability Tn owns 1,267 shares for 0.01% of their portfolio. Eaton Vance Management holds 0.42% in Citigroup Inc. (NYSE:C) or 2.63 million shares. Walter Keenan Fincl Consulting Commerce Mi Adv reported 3,491 shares stake. 375,000 are held by Tegean Limited Liability Company. California Public Employees Retirement Sys holds 0.58% or 6.31M shares in its portfolio. Confluence Wealth Management Ltd Co holds 0.23% or 6,271 shares. Sva Plumb Wealth Mgmt Ltd Liability Com invested 0.17% in Citigroup Inc. (NYSE:C). Cobblestone Advisors Limited Liability New York owns 4,274 shares for 0.03% of their portfolio.

Banque Pictet & Cie Sa, which manages about $5.40 billion US Long portfolio, upped its stake in Flir Sys Inc (NASDAQ:FLIR) by 6,706 shares to 74,090 shares, valued at $4.55 million in 2018Q3, according to the filing. It also increased its holding in Intel Corp (NASDAQ:INTC) by 27,338 shares in the quarter, for a total of 333,776 shares, and has risen its stake in Amgen Inc (NASDAQ:AMGN).

More notable recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Massive trove of loan documents leaked – Techcrunch – Seeking Alpha” on January 23, 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: “Goldman sees bank rally continuing on loan growth – Seeking Alpha” published on January 22, 2019 as well as Seekingalpha.com‘s news article titled: “Clearway Energy declares $0.20 dividend – Seeking Alpha” with publication date: February 14, 2019.

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 firm has “Buy” rating by Guggenheim given on Monday, November 30. RBC Capital Markets maintained Citigroup Inc. (NYSE:C) rating on Friday, October 13. RBC Capital Markets has “Outperform” rating and $79 target. The firm earned “Buy” rating on Wednesday, June 20 by Deutsche Bank. Oppenheimer maintained it with “Outperform” rating and $70 target in Tuesday, October 6 report. The stock of Citigroup Inc. (NYSE:C) earned “Market Perform” rating by Oppenheimer on Thursday, November 9. The stock of Citigroup Inc. (NYSE:C) has “Buy” rating given on Tuesday, January 16 by Sandler O’Neill. The firm has “Buy” rating given on Wednesday, June 7 by Keefe Bruyette & Woods. The stock has “Buy” rating by Deutsche Bank on Thursday, September 27. The stock of Citigroup Inc. (NYSE:C) earned “Outperform” rating by Credit Suisse on Friday, December 7. The company was maintained on Monday, September 21 by Evercore.

Among 57 analysts covering Amazon.com (NASDAQ:AMZN), 54 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 334 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Buy” rating by Monness Crespi & Hardt on Friday, July 24. Monness reinitiated the stock with “Buy” rating in Wednesday, April 11 report. The stock has “Buy” rating by Needham on Friday, August 25. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Overweight” rating given on Tuesday, December 1 by Barclays Capital. The rating was maintained by Cowen & Co with “Outperform” on Friday, August 28. The stock of Amazon.com, Inc. (NASDAQ:AMZN) earned “Outperform” rating by Credit Suisse on Friday, October 23. The firm has “Buy” rating given on Monday, June 19 by Cowen & Co. Stifel Nicolaus maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Tuesday, March 29. Stifel Nicolaus has “Buy” rating and $775 target. The rating was maintained by Stifel Nicolaus on Friday, February 3 with “Buy”. J.P. Morgan maintained Amazon.com, Inc. (NASDAQ:AMZN) on Wednesday, January 10 with “Buy” rating.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “Online holiday sales up 17% in 2018 – Seeking Alpha” on January 15, 2019, also Seekingalpha.com with their article: “Amazon responds to Rekognition bias report – Seeking Alpha” published on January 25, 2019, Benzinga.com published: “Amazon.com, Inc. (NASDAQ:AMZN), Chevron Corporation (NYSE:CVX) – Mixed Signals From Payrolls Data Helps Put The Brakes On Market Momentum – Benzinga” on February 01, 2019. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Nasdaq.com and their article: “Consumer Sector Update for 01/25/2019: AMZN,NAV,SBUX,CL – Nasdaq” published on January 25, 2019 as well as Nasdaq.com‘s news article titled: “Time to Focus on Amazon.com (AMZN) for Strong Earnings Growth Potential – Nasdaq” with publication date: February 04, 2019.

Since August 15, 2018, it had 0 insider purchases, and 16 insider sales for $75.62 million activity. $3.87M worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Olsavsky Brian T on Wednesday, August 15. $3.66M worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by Zapolsky David. On Wednesday, August 15 Jassy Andrew R sold $3.28M worth of Amazon.com, Inc. (NASDAQ:AMZN) or 1,726 shares. $2.32M worth of Amazon.com, Inc. (NASDAQ:AMZN) shares were sold by WILKE JEFFREY A. Another trade for 16,964 shares valued at $27.69 million was made by BEZOS JEFFREY P on Monday, October 29. Another trade for 2,055 shares valued at $3.22 million was sold by Blackburn Jeffrey M.

New England Investment & Retirement Group Inc, which manages about $526.71 million and $152.56 million US Long portfolio, decreased its stake in Yield Municipal Index Etf by 66,481 shares to 50,374 shares, valued at $1.23 million in 2018Q3, according to the filing. It also reduced its holding in Powershares Qqq Tr by 16,523 shares in the quarter, leaving it with 96,648 shares, and cut its stake in Financial Select Sector Spdr (XLF).

Citigroup Inc. (NYSE:C) Institutional Positions Chart