Janney Montgomery Scott Increased Its Michael Kors Hldgs LTD (KORS) Position; Masters Capital Management Boosted Its Citigroup (Call) (C) Stake

June 14, 2018 – By Lawrence Diaz

Michael Kors Holdings Limited (NYSE:KORS) Logo

Masters Capital Management Llc increased Citigroup Inc (Call) (C) stake by 103.9% reported in 2018Q1 SEC filing. Masters Capital Management Llc acquired 1.04 million shares as Citigroup Inc (Call) (C)’s stock declined 11.86%. The Masters Capital Management Llc holds 2.04M shares with $137.63M value, up from 1.00 million last quarter. Citigroup Inc (Call) now has $171.59B valuation. The stock decreased 0.47% or $0.32 during the last trading session, reaching $67.29. About 17.53 million shares traded or 1.91% up from the average. Citigroup Inc. (NYSE:C) has risen 10.48% since June 14, 2017 and is uptrending. It has underperformed by 2.09% the S&P500. Some Historical C News: ; 20/03/2018 – CITI: KUSHNER COS. LOAN HAD PRELIM. APPROVAL AT TIME OF MEETING; 23/04/2018 – Galaxy Resources Target Price Cut 2.2% to A$4.50/Share by Citi; 04/05/2018 – Valero Energy Corporation Will Attend The Citi Global Energy & Utilities Conference; 23/04/2018 – Citigroup at Capital Link Singapore Maritime Forum Tomorrow; 05/04/2018 – UNITY BIOTECHNOLOGY INC SAYS GOLDMAN SACHS & CO. LLC, MORGAN STANLEY, CITIGROUP ARE AMONG UNDERWRITERS TO IPO; 04/04/2018 – Citi Is Said to Hire Credit Derivatives Traders Abadou, Vegetti; 15/05/2018 – CITIGROUP INC – CREDIT CARD CHARGE-OFFS 2.80 PCT IN APRIL VS 2.78 PCT IN MARCH – SEC FILING; 18/04/2018 – WOLVERINE WORLD WIDE INC WWW.N : CITIGROUP TRANSFERS COVERAGE WITH NEUTRAL RATING TO KATE MCSHANE; 19/04/2018 – Citigroup at Capital Link International Shipping Forum Tomorrow; 10/05/2018 – Anadarko at Citi Global Energy & Utilities Conference May 16

Janney Montgomery Scott Llc increased Michael Kors Hldgs Ltd (KORS) stake by 125.32% reported in 2018Q1 SEC filing. Janney Montgomery Scott Llc acquired 12,941 shares as Michael Kors Hldgs Ltd (KORS)’s stock rose 5.76%. The Janney Montgomery Scott Llc holds 23,267 shares with $1.44 million value, up from 10,326 last quarter. Michael Kors Hldgs Ltd now has $10.00 billion valuation. The stock decreased 1.92% or $1.31 during the last trading session, reaching $66.82. About 3.22M shares traded or 24.26% up from the average. Michael Kors Holdings Limited (NYSE:KORS) has risen 87.39% since June 14, 2017 and is uptrending. It has outperformed by 74.82% the S&P500. Some Historical KORS News: ; 30/05/2018 – Michael Kors Closes Below 50-Day Moving Average: Technicals; 30/05/2018 – Michael Kors 4Q Net $44.1M; 30/05/2018 – MICHAEL KORS HOLDINGS LTD QTRLY ADJUSTED NET INCOME ATTRIBUTABLE TO MKHL WAS $96.5 MLN, OR $0.63 PER DILUTED SHARE; 30/05/2018 – Handbag maker Michael Kors tops 4th-quarter revenue estimates; 12/03/2018 Michael Kors’ China Factory Workers Strike Over Alleged Abuse; 30/05/2018 – Michael Kors 4Q EPS 29c; 18/04/2018 – CGTN: Exclusive interview: fashion designer Michael Kors “walks” and “talks” in Shanghai #MichaelKors…; 11/05/2018 – Michael Kors and Molson Coors are drastically different, but in a key way. @JimCramer breaks it down; 30/05/2018 – Michael Kors says higher spending on Jimmy Choo will hit earnings; 02/04/2018 – Michael Kors Announces Global Partnership with South African Pro Golfer and Masters Champion Charl Schwartzel

Janney Montgomery Scott Llc decreased Amern Express Co (NYSE:AXP) stake by 4,925 shares to 139,429 valued at $13.01 million in 2018Q1. It also reduced Lululemon Athletica Inc (NASDAQ:LULU) stake by 14,699 shares and now owns 16,291 shares. Ishs 13Y Cr Bd Etf (CSJ) was reduced too.

More notable recent Michael Kors Holdings Limited (NYSE:KORS) news were published by: Seekingalpha.com which released: “Michael Kors earnings preview” on May 29, 2018, also Seekingalpha.com with their article: “Michael Kors: Wait For The Next Acquisition Move” published on June 11, 2018, Seekingalpha.com published: “Michael Kors: Correction Offers An Opportunity To Accumulate” on June 05, 2018. More interesting news about Michael Kors Holdings Limited (NYSE:KORS) were released by: Seekingalpha.com and their article: “Michael Kors: The Numbers Look Good” published on May 25, 2018 as well as Globenewswire.com‘s news article titled: “Investor Expectations to Drive Momentum within Unilever, Fibria Celulose SA, Michael Kors, Tuniu, ADT, and Alamos …” with publication date: June 07, 2018.

Among 35 analysts covering Michael Kors Holdings Ltd (NYSE:KORS), 13 have Buy rating, 2 Sell and 20 Hold. Therefore 37% are positive. Michael Kors Holdings Ltd had 135 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley maintained the stock with “Equal-Weight” rating in Thursday, May 31 report. The stock has “Buy” rating by Jefferies on Wednesday, February 7. Telsey Advisory Group maintained it with “Market Perform” rating and $42 target in Wednesday, February 8 report. The firm has “Hold” rating by Robert W. Baird given on Thursday, December 21. The stock has “Hold” rating by Canaccord Genuity on Monday, June 12. Robert W. Baird maintained the stock with “Hold” rating in Sunday, January 21 report. The firm has “Hold” rating given on Friday, June 9 by Piper Jaffray. The stock of Michael Kors Holdings Limited (NYSE:KORS) earned “Neutral” rating by Buckingham Research on Friday, July 24. The rating was maintained by Deutsche Bank on Friday, June 16 with “Hold”. Barclays Capital maintained Michael Kors Holdings Limited (NYSE:KORS) on Thursday, January 25 with “Equal-Weight” rating.

Since February 13, 2018, it had 0 buys, and 9 selling transactions for $55.90 million activity. $387,647 worth of stock was sold by Robinson Cathy Marie on Monday, June 4. $794,557 worth of Michael Kors Holdings Limited (NYSE:KORS) shares were sold by McDonough Krista A. IDOL JOHN D had sold 150,000 shares worth $9.94M on Wednesday, April 18. The insider Reitman Stephen F sold $406,065. Shares for $15.12M were sold by Kors Michael David on Friday, March 2. Another trade for 4,000 shares valued at $255,752 was made by Benedetto M William on Friday, February 16.

Investors sentiment decreased to 1.1 in Q1 2018. Its down 0.34, from 1.44 in 2017Q4. It is negative, as 36 investors sold KORS shares while 132 reduced holdings. 58 funds opened positions while 126 raised stakes. 116.43 million shares or 3.07% less from 120.12 million shares in 2017Q4 were reported. Mitsubishi Ufj Bk accumulated 321,392 shares. Wells Fargo & Mn holds 0% or 157,737 shares in its portfolio. Arizona State Retirement Systems reported 37,731 shares. Ftb Advsr, a Tennessee-based fund reported 63 shares. Globeflex Capital Limited Partnership stated it has 0.06% of its portfolio in Michael Kors Holdings Limited (NYSE:KORS). Caxton Assoc Limited Partnership stated it has 8,284 shares. Jefferies Ltd Llc stated it has 0.01% in Michael Kors Holdings Limited (NYSE:KORS). Royal Bank Of Canada holds 271,659 shares. Deutsche State Bank Ag accumulated 0.05% or 1.14M shares. Citigroup Inc holds 169,113 shares or 0.01% of its portfolio. Moreover, Bnp Paribas Arbitrage has 0% invested in Michael Kors Holdings Limited (NYSE:KORS). Dimensional Fund Advsr Limited Partnership reported 0.03% in Michael Kors Holdings Limited (NYSE:KORS). Ubs Asset Management Americas invested in 0% or 912,788 shares. Ameriprise Fincl Inc owns 124,511 shares or 0% of their US portfolio. Hourglass Capital Limited Co invested in 0.07% or 5,000 shares.

More notable recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Citigroup Inc. (C) Management presents at Morgan Stanley Financials Conference (Transcript)” on June 13, 2018, also Benzinga.com with their article: “Ahead Of Fed, AT&T-Time Warner Ruling Injects Some Optimism Into Market” published on June 13, 2018, Seekingalpha.com published: “Citigroup Will Thrive Regardless Of Interest Rates” on June 08, 2018. More interesting news about Citigroup Inc. (NYSE:C) were released by: Bizjournals.com and their article: “Banking Roundup: Starbucks launches JPMorgan Visa cards… BofA’s virtual assistant Erica hits milestone” published on June 13, 2018 as well as Seekingalpha.com‘s news article titled: “Citi warns on bank job automation” with publication date: June 12, 2018.

Among 41 analysts covering Citigroup Inc. (NYSE:C), 24 have Buy rating, 2 Sell and 15 Hold. Therefore 59% are positive. Citigroup Inc. had 126 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Citigroup Inc. (NYSE:C) earned “Buy” rating by Keefe Bruyette & Woods on Tuesday, December 12. The rating was maintained by Wells Fargo on Wednesday, January 17 with “Buy”. The firm has “Buy” rating by Nomura given on Wednesday, September 7. Berenberg initiated Citigroup Inc. (NYSE:C) rating on Wednesday, July 13. Berenberg has “Buy” rating and $50 target. As per Tuesday, October 6, the company rating was maintained by Oppenheimer. Deutsche Bank maintained it with “Hold” rating and $47 target in Tuesday, January 26 report. The stock of Citigroup Inc. (NYSE:C) has “Outperform” rating given on Monday, October 19 by Macquarie Research. The stock of Citigroup Inc. (NYSE:C) earned “Buy” rating by Guggenheim on Monday, November 30. The firm has “Outperform” rating given on Tuesday, January 19 by Oppenheimer. The firm has “Hold” rating given on Tuesday, January 16 by Keefe Bruyette & Woods.

Since February 27, 2018, it had 0 insider purchases, and 7 sales for $5.91 million activity. Shares for $937,571 were sold by Gerspach John C. Forese James A. had sold 6,466 shares worth $500,666 on Tuesday, February 27. The insider Callahan Don sold $536,410. On Tuesday, February 27 the insider Fraser Jane Nind sold $2.51M. MURRAY JOSEPH MICHAEL sold $263,126 worth of stock or 3,400 shares. Hu W. Bradford sold $611,804 worth of Citigroup Inc. (NYSE:C) on Tuesday, February 27.

Masters Capital Management Llc decreased At&T Inc (NYSE:T) stake by 2.29 million shares to 900,000 valued at $32.09 million in 2018Q1. It also reduced Cleveland Cliffs Inc (Call) stake by 1.00 million shares and now owns 1.00 million shares. American Airls Group Inc (Call) (NASDAQ:AAL) was reduced too.

Citigroup Inc. (NYSE:C) Institutional Positions Chart

– Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.

By

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.