Deutsche Bank Ups Citigroup (C) To Buy; Verition Fund Management Has Lowered Johnson & Johnson (JNJ) Holding

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Verition Fund Management Llc decreased Johnson & Johnson (JNJ) stake by 56.61% reported in 2018Q1 SEC filing. Verition Fund Management Llc sold 8,650 shares as Johnson & Johnson (JNJ)’s stock declined 8.03%. The Verition Fund Management Llc holds 6,630 shares with $850,000 value, down from 15,280 last quarter. Johnson & Johnson now has $328.75B valuation. The stock increased 1.03% or $1.25 during the last trading session, reaching $122.57. About 8.57 million shares traded or 28.72% up from the average. Johnson & Johnson (NYSE:JNJ) has declined 4.75% since June 20, 2017 and is downtrending. It has underperformed by 17.32% the S&P500. Some Historical JNJ News: ; 05/03/2018 The Klein Law Firm Notifies Investors of a Class Action Filed on Behalf of Johnson & Johnson Shareholders and a Lead Plaintiff; 13/03/2018 – TOKYO — On the first floor of the Johnson & Johnson Institute in Kawasaki, south of Tokyo, a reporter tried his hand at laparoscopic surgery. The technique, which involves inserting a tiny camera and surgical equipment through a small incision in the abdomen, is tougher than it looks; 17/04/2018 – J&J – EXPECTS ACTIONS TO GENERATE APPROXIMATELY $0.6 TO $0.8 BLN IN ANNUAL PRE-TAX COST SAVINGS THAT WILL BE SUBSTANTIALLY DELIVERED BY 2022; 27/03/2018 – Platinum Equity lines up US$1.9bn of debt for J&J diabetes care unit bid; 12/04/2018 – JNJ: INVOKANA IMPROVED RENAL OUTCOMES IN TYPE 2 DIABETES; 24/04/2018 – CN RAIL CEO JJ RUEST SPEAKS IN INTERVIEW IN TORONTO; 02/05/2018 – Johnson & Johnson to Host Consumer and Medical Devices Business Review; 24/04/2018 – J&J Bond Trading 2x Average; Clients Net Buyers; 25/05/2018 – J&J Jury Asks Judge to Slap Cancer Warning Label on Baby Powder; 16/03/2018 – Johnson & Johnson Gets $2.1 Billion Offer for Blood Glucose Monitoring Business

Trading of Citigroup (NYSE:C)‘s shares is going to be interesting today. Deutsche Bank upgraded the stock from a Hold to a Buy.

Investors sentiment increased to 0.93 in Q1 2018. Its up 0.06, from 0.87 in 2017Q4. It is positive, as 63 investors sold JNJ shares while 831 reduced holdings. 111 funds opened positions while 720 raised stakes. 1.71 billion shares or 0.80% less from 1.72 billion shares in 2017Q4 were reported. Susquehanna Int Group Incorporated Llp has 40,915 shares. Economic Planning Gru Adv accumulated 24,240 shares or 1.14% of the stock. Georgia-based Stadion Money Mgmt Lc has invested 0.06% in Johnson & Johnson (NYSE:JNJ). Bartlett And Limited Liability Corporation owns 216,918 shares for 1.15% of their portfolio. Highstreet Asset invested in 265,581 shares or 2.22% of the stock. Texas Yale Capital Corp stated it has 39,785 shares. Jacobs Levy Equity Mngmt Incorporated invested in 0.18% or 84,130 shares. Meiji Yasuda Asset Management Company Limited holds 1.14% in Johnson & Johnson (NYSE:JNJ) or 93,686 shares. Private Wealth Ptnrs Limited Liability Com has invested 0.71% in Johnson & Johnson (NYSE:JNJ). North Star Asset Mngmt Incorporated holds 41,486 shares. Jaffetilchin Invest Partners Limited Liability reported 0.12% stake. Ftb Advsrs Inc reported 0.76% of its portfolio in Johnson & Johnson (NYSE:JNJ). Efg Asset Mngmt (Americas) Corp invested in 0.26% or 4,899 shares. Renaissance Techs Limited Liability reported 0.18% stake. North Point Managers Oh invested in 2,923 shares or 0.06% of the stock.

Analysts await Johnson & Johnson (NYSE:JNJ) to report earnings on July, 17. They expect $2.06 earnings per share, up 12.57% or $0.23 from last year’s $1.83 per share. JNJ’s profit will be $5.53 billion for 14.88 P/E if the $2.06 EPS becomes a reality. After $2.06 actual earnings per share reported by Johnson & Johnson for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

Verition Fund Management Llc increased Philip Morris Intl Inc (NYSE:PM) stake by 37,124 shares to 39,067 valued at $3.88 million in 2018Q1. It also upped Delta Air Lines Inc Del (NYSE:DAL) stake by 28,871 shares and now owns 35,152 shares. Louisiana Pac Corp (NYSE:LPX) was raised too.

Since February 15, 2018, it had 0 buys, and 1 sale for $20.17 million activity. $20.17 million worth of Johnson & Johnson (NYSE:JNJ) was sold by Stoffels Paulus on Thursday, February 15.

Among 23 analysts covering Johnson & Johnson (NYSE:JNJ), 11 have Buy rating, 5 Sell and 7 Hold. Therefore 48% are positive. Johnson & Johnson has $170.0 highest and $90 lowest target. $135.44’s average target is 10.50% above currents $122.57 stock price. Johnson & Johnson had 102 analyst reports since August 7, 2015 according to SRatingsIntel. The rating was downgraded by Wells Fargo on Thursday, January 26 to “Market Perform”. The company was maintained on Thursday, August 31 by BMO Capital Markets. The firm earned “Buy” rating on Wednesday, October 18 by Argus Research. Morgan Stanley maintained the shares of JNJ in report on Tuesday, April 10 with “Equal-Weight” rating. The firm has “Underweight” rating by Alembic given on Friday, July 21. The stock of Johnson & Johnson (NYSE:JNJ) earned “Buy” rating by Jefferies on Wednesday, October 18. Barclays Capital upgraded Johnson & Johnson (NYSE:JNJ) rating on Tuesday, December 1. Barclays Capital has “Overweight” rating and $115 target. Argus Research upgraded the shares of JNJ in report on Wednesday, July 20 to “Buy” rating. Wells Fargo maintained the stock with “Buy” rating in Wednesday, October 18 report. The stock of Johnson & Johnson (NYSE:JNJ) earned “Neutral” rating by JP Morgan on Tuesday, January 2.

More notable recent Johnson & Johnson (NYSE:JNJ) news were published by: Seekingalpha.com which released: “Buy Johnson & Johnson” on June 20, 2018, also Seekingalpha.com with their article: “How Do You Feel About Johnson & Johnson?: Part IV – Today’s Editors’ Picks” published on June 01, 2018, Fool.com published: “Better Buy: Pfizer Inc. vs. Johnson & Johnson” on June 17, 2018. More interesting news about Johnson & Johnson (NYSE:JNJ) were released by: Fool.com and their article: “Forget Johnson & Johnson: Here Are 2 Better Dividend Stocks” published on June 20, 2018 as well as Seekingalpha.com‘s news article titled: “Recent Purchase: Johnson & Johnson” with publication date: June 14, 2018.

Analysts await Citigroup Inc. (NYSE:C) to report earnings on July, 13. They expect $1.56 earnings per share, up 22.83% or $0.29 from last year’s $1.27 per share. C’s profit will be $3.98B for 10.70 P/E if the $1.56 EPS becomes a reality. After $1.68 actual earnings per share reported by Citigroup Inc. for the previous quarter, Wall Street now forecasts -7.14% negative EPS growth.

The stock increased 0.04% or $0.03 during the last trading session, reaching $66.78. About 16.89M shares traded. Citigroup Inc. (NYSE:C) has risen 10.48% since June 20, 2017 and is uptrending. It has underperformed by 2.09% the S&P500. Some Historical C News: 22/03/2018 – Citi seeks to restrict gun sales by its retail clients; 25/04/2018 – MYOVANT SCIENCES LTD MYOV.N : CITIGROUP RAISES TARGET PRICE TO $44 FROM $17; 13/04/2018 – Citigroup profit tops estimates on consumer banking strength; 18/04/2018 – GLOBAL OIL: CITIGROUP SAYS LOW MARKET VALUE UNDERSTATES THE IMPROVED COMPETITIVE POSITION OF OIL EQUITIES; 17/05/2018 – Citigroup Favored by 11 Hedge Funds, 13Fs Show; 06/03/2018 – First Industrial Realty Trust Announces Updated Time for Its Presentation at Citi’s 2018 Global Property CEO Conference on Marc; 13/04/2018 – Citi Says Investment Banking Hasn’t Hit Stop Button: TOPLive; 20/03/2018 – GHANA IS SAID TO APPOINT CITI, THREE OTHERS TO MARKET EUROBOND; 28/03/2018 – Citigroup Announces Redemption of Series E Preferred Stk; 07/03/2018 – [SPSF] Citigroup Credit Link Loan 2017-03 Assigned ‘A+’ Rating

More notable recent Citigroup Inc. (NYSE:C) news were published by: Bizjournals.com which released: “What’s North Carolina’s piece of the $100M Citigroup settlement?” on June 18, 2018, also Seekingalpha.com with their article: “US banks may boost payouts by $30B after stress tests: Bloomberg” published on June 19, 2018, Seekingalpha.com published: “The Market Needs A Glum Index – Cramer’s Mad Money (6/18/18)” on June 19, 2018. More interesting news about Citigroup Inc. (NYSE:C) were released by: Seekingalpha.com and their article: “Citigroup Will Thrive Regardless Of Interest Rates” published on June 08, 2018 as well as Streetinsider.com‘s news article titled: “Deutsche Bank Upgrades Citi (C) to Buy; Stress Tests Should Be Positive” with publication date: June 20, 2018.

Citigroup Inc., a diversified financial services holding company, provides various financial services and products for consumers, firms, governments, and institutions worldwide. The company has market cap of $170.28 billion. The firm operates through two divisions, Citicorp and Citi Holdings. It currently has negative earnings. The Citicorp segment offers traditional banking services to retail clients through retail banking, commercial banking, Citi-branded cards, and Citi retail services.

Since February 27, 2018, it had 0 buys, and 7 sales for $5.91 million activity. 32,400 shares valued at $2.51M were sold by Fraser Jane Nind on Tuesday, February 27. 8,010 shares valued at $611,804 were sold by Hu W. Bradford on Tuesday, February 27. Shares for $263,126 were sold by MURRAY JOSEPH MICHAEL. Forese James A. sold 6,466 shares worth $500,666. Gerspach John C sold 12,966 shares worth $937,571. Shares for $536,410 were sold by Callahan Don.

Among 41 analysts covering Citigroup Inc. (NYSE:C), 24 have Buy rating, 2 Sell and 15 Hold. Therefore 59% are positive. Citigroup Inc. has $215 highest and $4.0 lowest target. $73.37’s average target is 9.87% above currents $66.78 stock price. Citigroup Inc. had 126 analyst reports since July 21, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Citigroup Inc. (NYSE:C) rating on Monday, September 18. Keefe Bruyette & Woods has “Buy” rating and $75.0 target. The rating was maintained by Wells Fargo on Monday, October 2 with “Buy”. On Thursday, July 20 the stock rating was maintained by Oppenheimer with “Buy”. The company was maintained on Monday, September 21 by Evercore. Goldman Sachs downgraded it to “Neutral” rating and $50 target in Friday, September 16 report. The firm earned “Buy” rating on Thursday, June 1 by BMO Capital Markets. Renaissance Macro Securities LLC maintained Citigroup Inc. (NYSE:C) rating on Sunday, July 16. Renaissance Macro Securities LLC has “Buy” rating and $8000 target. BMO Capital Markets maintained the shares of C in report on Friday, October 13 with “Market Perform” rating. The company was upgraded on Wednesday, April 11 by HSBC. On Friday, October 16 the stock rating was maintained by UBS with “Buy”.

Investors sentiment decreased to 0.89 in Q1 2018. Its down 0.18, from 1.07 in 2017Q4. It dropped, as 89 investors sold Citigroup Inc. shares while 499 reduced holdings. 114 funds opened positions while 412 raised stakes. 1.90 billion shares or 4.45% less from 1.99 billion shares in 2017Q4 were reported. Moreover, Goldman Sachs Gp has 0.29% invested in Citigroup Inc. (NYSE:C). Oregon Public Employees Retirement Fund stated it has 1.02 million shares. Cullen Frost Bankers stated it has 350,927 shares. Jones Collombin Invest Counsel invested 0.95% in Citigroup Inc. (NYSE:C). Moreover, Eqis Capital Management has 0.05% invested in Citigroup Inc. (NYSE:C) for 15,007 shares. Cedar Hill Assoc Limited Liability Com reported 106,054 shares. Jolley Asset Mngmt Llc invested in 0.01% or 250 shares. Bourgeon Capital Mngmt Limited Com invested 0.49% of its portfolio in Citigroup Inc. (NYSE:C). Pictet Bancorporation & Tru Limited stated it has 32,359 shares or 0.78% of all its holdings. Timber Hill Limited Liability Corporation invested in 38,497 shares or 0.4% of the stock. Osborne Capital Ltd Liability Com stated it has 0.14% of its portfolio in Citigroup Inc. (NYSE:C). Laffer Invests holds 0% or 58,704 shares. Mason Street Limited Company, a Wisconsin-based fund reported 358,004 shares. Eulav Asset Mgmt stated it has 115,000 shares or 0.37% of all its holdings. North Star Investment Corporation invested in 7,901 shares.

Citigroup Inc. (NYSE:C) Institutional Positions Chart