Hexavest Raised By $23.01 Million Its Citigroup Prop (C) Stake; Pershing Gold (PGLC) SI Increased By 6.91%

July 17, 2017 - By Linda Rogers

Pershing Gold Corporation (NASDAQ:PGLC) had an increase of 6.91% in short interest. PGLC’s SI was 966,800 shares in July as released by FINRA. Its up 6.91% from 904,300 shares previously. With 88,800 avg volume, 11 days are for Pershing Gold Corporation (NASDAQ:PGLC)’s short sellers to cover PGLC’s short positions. The SI to Pershing Gold Corporation’s float is 4.24%. About 19,381 shares traded. Pershing Gold Corp (NASDAQ:PGLC) has declined 33.03% since July 17, 2016 and is downtrending. It has underperformed by 49.73% the S&P500.

Hexavest Inc increased Citigroup Inc Prop (C) stake by 21.34% reported in 2016Q4 SEC filing. Hexavest Inc acquired 389,935 shares as Citigroup Inc Prop (C)’s stock rose 1.55%. The Hexavest Inc holds 2.22 million shares with $131.78M value, up from 1.83 million last quarter. Citigroup Inc Prop now has $183.07 billion valuation. The stock rose 0.10% or $0.07 reaching $66.79 per share. About 4.26 million shares traded. Citigroup Inc (NYSE:C) has risen 35.60% since July 17, 2016 and is uptrending. It has outperformed by 18.90% the S&P500.

Among 4 analysts covering Pershing Gold (NASDAQ:PGLC), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Pershing Gold had 10 analyst reports since July 27, 2015 according to SRatingsIntel. The stock of Pershing Gold Corp (NASDAQ:PGLC) has “Buy” rating given on Tuesday, June 6 by Noble Financial. The company was maintained on Monday, June 12 by Roth Capital. The stock of Pershing Gold Corp (NASDAQ:PGLC) earned “Buy” rating by Euro Pacific Capital on Wednesday, August 12. Roth Capital initiated the stock with “Buy” rating in Monday, April 4 report. On Thursday, June 30 the stock rating was maintained by Noble Financial with “Buy”. Roth Capital maintained the shares of PGLC in report on Monday, June 5 with “Buy” rating. The rating was initiated by H.C. Wainwright with “Buy” on Monday, July 27.

Pershing Gold Corporation is a gold and precious metals exploration company. The company has market cap of $78.96 million. The Firm focuses on exploration, development and mining opportunities in Nevada. It currently has negative earnings. The Firm is focused on exploration at its Relief Canyon properties in Pershing County in northwestern Nevada.

Investors sentiment increased to 1.12 in 2016 Q4. Its up 0.29, from 0.83 in 2016Q3. It increased, as 54 investors sold C shares while 430 reduced holdings. 161 funds opened positions while 382 raised stakes. 2.00 billion shares or 1.65% more from 1.97 billion shares in 2016Q3 were reported. Schroder Investment Mngmt Group Inc owns 9.94M shares. Moreover, Fincl Bank Of America Corp De has 0.34% invested in Citigroup Inc (NYSE:C). Terril Brothers Inc reported 474,506 shares or 9.83% of all its holdings. Ronald Blue And holds 0.01% or 5,548 shares. Harvey Capital stated it has 0.23% in Citigroup Inc (NYSE:C). Axiom Intll Invsts Lc De has 1.05 million shares. Kazazian Asset Management Limited Com owns 43,431 shares for 3.61% of their portfolio. The Quebec – Canada-based Pub Sector Pension Board has invested 0.37% in Citigroup Inc (NYSE:C). Natl Planning holds 0.03% of its portfolio in Citigroup Inc (NYSE:C) for 5,844 shares. Alpha Cubed Invests holds 0.08% of its portfolio in Citigroup Inc (NYSE:C) for 5,851 shares. Raab & Moskowitz Asset Management Limited Liability Corp holds 0.15% or 4,702 shares in its portfolio. Beach Invest Counsel Inc Pa holds 348,175 shares. Pring Turner Group Inc holds 2.7% or 42,672 shares in its portfolio. Retirement System Of Alabama holds 0.83% or 2.41 million shares. 240 are owned by Country State Bank.

Hexavest Inc decreased Ishares Srts (FXI) stake by 10,412 shares to 14,614 valued at $507,000 in 2016Q4. It also reduced Barrick Gold Corp (NYSE:ABX) stake by 666,523 shares and now owns 101,772 shares. Procter & Gamble Co (NYSE:PG) was reduced too.

Since January 31, 2017, it had 0 buys, and 9 insider sales for $23.40 million activity. 10,109 shares were sold by Hu W. Bradford, worth $565,704. CORBAT MICHAEL also sold $5.01M worth of Citigroup Inc (NYSE:C) on Thursday, February 16. $423,979 worth of Citigroup Inc (NYSE:C) shares were sold by MURRAY JOSEPH MICHAEL. On Thursday, February 16 the insider Forese James A. sold $3.30M. 2,999 Citigroup Inc (NYSE:C) shares with value of $173,207 were sold by RODIN JUDITH. 60,000 shares were sold by Cowles James C, worth $3.60M. $2.11 million worth of Citigroup Inc (NYSE:C) was sold by Fraser Jane Nind.

Among 32 analysts covering Citigroup Inc. (NYSE:C), 16 have Buy rating, 3 Sell and 13 Hold. Therefore 50% are positive. Citigroup Inc. had 74 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, August 14 by Zacks. The firm has “Hold” rating by Jefferies given on Monday, November 28. The firm has “Outperform” rating by Macquarie Research given on Monday, October 19. The rating was upgraded by Credit Suisse on Monday, September 28 to “Outperform”. Berenberg initiated Citigroup Inc (NYSE:C) on Wednesday, July 13 with “Buy” rating. Deutsche Bank maintained Citigroup Inc (NYSE:C) on Tuesday, January 26 with “Hold” rating. The stock of Citigroup Inc (NYSE:C) has “Buy” rating given on Monday, October 10 by Jefferies. The rating was downgraded by Vetr to “Hold” on Thursday, August 6. The rating was initiated by Credit Suisse on Monday, December 21 with “Neutral”. The rating was upgraded by Jefferies to “Buy” on Monday, September 28.

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