Avalon Advisors Boosted Glaxosmithkline Plc (GSK) Stake By $16.45 Million; White Elm Capital Increased Its Citigroup (C) Holding

September 14, 2018 - By Margaret Staats

GlaxoSmithKline plc (NYSE:GSK) Logo

Avalon Advisors Llc increased Glaxosmithkline Plc (GSK) stake by 1009.55% reported in 2018Q2 SEC filing. Avalon Advisors Llc acquired 411,309 shares as Glaxosmithkline Plc (GSK)’s stock declined 4.33%. The Avalon Advisors Llc holds 452,051 shares with $18.22M value, up from 40,742 last quarter. Glaxosmithkline Plc now has $94.88B valuation. The stock decreased 0.81% or $0.32 during the last trading session, reaching $39.01. About 2.31M shares traded. GlaxoSmithKline plc (NYSE:GSK) has declined 2.50% since September 14, 2017 and is downtrending. It has underperformed by 18.12% the S&P500. Some Historical GSK News: 21/05/2018 – GlaxoSmithKline PLC: EU Authorizes Juluca for Treatment of HIV Infection; 06/04/2018 – Adaptimmune to Present Two Posters at the Upcoming American Association for Cancer Research (AACR) Annual Meeting; 28/03/2018 – Moody’s Affirms A2/(P)A2 Long-Term and (P)Prime-1 Ratings of GlaxoSmithKline and Guaranteed Subsidiaries; 25/04/2018 – GlaxoSmithKline 1Q Net Pft GBP549M; 11/05/2018 – BSE Mumbai Bourse: Results from GlaxoSmithKline Consumer Healthcare for Jan 01 to Mar 31; 29/03/2018 – Breo Ellipta (GlaxoSmithKline/lnnoviva) Drug Analysis 2018 – ResearchAndMarkets.com; 04/04/2018 – Kymera Therapeutics Announces Discovery Collaboration with GSK to Advance New Treatment Modality; 29/03/2018 – Moody’s Affirms Seven Classes of GSMS 2017-GS5; 09/05/2018 – GlaxoSmithKline CFO to Retire in May 2019; 20/03/2018 – GSK SEES COMPLETION OF STUDY IN 2021

White Elm Capital Llc increased Citigroup Inc (C) stake by 51.61% reported in 2018Q2 SEC filing. White Elm Capital Llc acquired 79,630 shares as Citigroup Inc (C)’s stock rose 4.79%. The White Elm Capital Llc holds 233,930 shares with $15.65M value, up from 154,300 last quarter. Citigroup Inc now has $177.52B valuation. The stock increased 0.56% or $0.39 during the last trading session, reaching $70.54. About 9.46 million shares traded. Citigroup Inc. (NYSE:C) has risen 2.50% since September 14, 2017 and is uptrending. It has underperformed by 13.12% the S&P500. Some Historical C News: 25/04/2018 – FIRSTENERGY CORP FE.N : CITIGROUP RAISES TARGET PRICE TO $34 FROM $32; 08/05/2018 – Citigroup’s Eric ltambo Appointed As CoBank Chief Banking Officer; 17/05/2018 – CNBC Wires: *EGYPT’S BANQUE MISR HIRES CITIGROUP FOR $500 MLN LOAN; 09/04/2018 – Citigroup 4Q 2017 Net Loss Revised to $18.89 Billion From $18.3 Billion; 13/04/2018 – Citigroup: On Track to Meet Commitment to Return a Least $60B to Holders Over 2017, 2018, 2019 Cycles; 13/04/2018 – CITIGROUP CEO MIKE CORBAT COMMENTS ON ANALYST CONFERENCE CALL; 25/04/2018 – SRC ENERGY INC SRCI.A : CITIGROUP RAISES TARGET PRICE TO $12 FROM $10; 29/03/2018 – CONOCOPHILLIPS COP.N : CITIGROUP RAISES TARGET PRICE TO $70 FROM $63; 08/05/2018 – ValueAct move puts Citi in the spotlight; 19/03/2018 – GUIDANCE: Freddie Mac SPI1 CRT RMBS via BofAML/Citigroup

Among 2 analysts covering GlaxoSmithKline (NYSE:GSK), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. GlaxoSmithKline had 2 analyst reports since April 4, 2018 according to SRatingsIntel. The firm has “Buy” rating by BNP Paribas given on Wednesday, April 4. Argus Research maintained the stock with “Buy” rating in Monday, August 20 report.

More notable recent GlaxoSmithKline plc (NYSE:GSK) news were published by: Bizjournals.com which released: “GlaxoSmithKline cuts 650 jobs across the nation, 100 in Philadelphia” on September 06, 2018, also Bizjournals.com with their article: “GlaxoSmithKline cuts 650 jobs across the nation, 100 in RTP” published on September 05, 2018, Seekingalpha.com published: “Coca-Cola on the hunt for Horlicks” on September 10, 2018. More interesting news about GlaxoSmithKline plc (NYSE:GSK) were released by: Seekingalpha.com and their article: “FDA rejects Glaxo’s Nucala in COPD” published on September 08, 2018 as well as Fool.com‘s news article titled: “Better Buy: GlaxoSmithKline PLC vs. Pfizer” with publication date: August 22, 2018.

Avalon Advisors Llc decreased Apple Inc (NASDAQ:AAPL) stake by 10,194 shares to 312,367 valued at $57.82M in 2018Q2. It also reduced Eog Resources Inc (NYSE:EOG) stake by 5,259 shares and now owns 202,728 shares. Dominion Energy Inc (NYSE:D) was reduced too.

Since May 14, 2018, it had 0 buys, and 2 insider sales for $972,176 activity. AKRAM RAJA had sold 500 shares worth $34,605 on Thursday, July 19. 12,966 shares were sold by Gerspach John C, worth $937,571.

More recent Citigroup Inc. (NYSE:C) news were published by: Seekingalpha.com which released: “Citigroup: Buy This Weakness?” on September 04, 2018. Also Seekingalpha.com published the news titled: “Citigroup Inc. (C) Barclays Global Financial Services Brokers Conference (Transcript)” on September 12, 2018. Seekingalpha.com‘s news article titled: “WSJ: Danske Bank in money laundering probe; Citi, Deutsche Bank involved” with publication date: September 14, 2018 was also an interesting one.

Among 9 analysts covering Citigroup (NYSE:C), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Citigroup had 14 analyst reports since March 15, 2018 according to SRatingsIntel. The company was maintained on Monday, July 16 by Morgan Stanley. On Monday, March 26 the stock rating was maintained by Oppenheimer with “Buy”. The rating was maintained by BMO Capital Markets on Friday, April 13 with “Hold”. The stock of Citigroup Inc. (NYSE:C) earned “Overweight” rating by Morgan Stanley on Thursday, March 15. The firm has “Buy” rating by Vining Sparks given on Friday, April 6. The company was upgraded on Wednesday, June 20 by Deutsche Bank. UBS upgraded the shares of C in report on Thursday, April 5 to “Buy” rating. The stock of Citigroup Inc. (NYSE:C) earned “Overweight” rating by Morgan Stanley on Monday, April 30. The rating was maintained by Jefferies on Sunday, April 15 with “Hold”. The rating was maintained by Oppenheimer on Monday, July 16 with “Outperformer”.

White Elm Capital Llc decreased Paypal Hldgs Inc stake by 18,500 shares to 163,000 valued at $13.57M in 2018Q2. It also reduced Athene Hldg Ltd stake by 72,258 shares and now owns 278,324 shares. Univar Inc was reduced too.

Citigroup Inc. (NYSE:C) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts