Atalanta Sosnoff Capital Has Boosted By $23.25 Million Its Citigroup New (C) Stake; Medicinova (MNOV) Shorts Up By 0.27%

January 31, 2018 - By Martha Paddon

Medicinova Incorporated (NASDAQ:MNOV) had an increase of 0.27% in short interest. MNOV’s SI was 2.42M shares in January as released by FINRA. Its up 0.27% from 2.42M shares previously. With 65,600 avg volume, 37 days are for Medicinova Incorporated (NASDAQ:MNOV)’s short sellers to cover MNOV’s short positions. The SI to Medicinova Incorporated’s float is 8.1%. The stock decreased 0.83% or $0.07 during the last trading session, reaching $8.32. About 44,902 shares traded. MediciNova, Inc. (NASDAQ:MNOV) has declined 6.61% since January 31, 2017 and is downtrending. It has underperformed by 23.31% the S&P500.

Atalanta Sosnoff Capital Llc increased Citigroup Inc New (C) stake by 23.55% reported in 2017Q3 SEC filing. Atalanta Sosnoff Capital Llc acquired 322,978 shares as Citigroup Inc New (C)’s stock rose 1.55%. The Atalanta Sosnoff Capital Llc holds 1.69M shares with $123.27M value, up from 1.37 million last quarter. Citigroup Inc New now has $202.04 billion valuation. The stock decreased 1.68% or $1.34 during the last trading session, reaching $78.62. About 15.82M shares traded or 2.86% up from the average. Citigroup Inc. (NYSE:C) has risen 35.60% since January 31, 2017 and is uptrending. It has outperformed by 18.90% the S&P500.

Investors sentiment increased to 1.35 in 2017 Q3. Its up 0.25, from 1.1 in 2017Q2. It increased, as 56 investors sold C shares while 400 reduced holdings. 125 funds opened positions while 492 raised stakes. 2.04 billion shares or 0.42% more from 2.03 billion shares in 2017Q2 were reported. Roanoke Asset Management New York stated it has 2.16% in Citigroup Inc. (NYSE:C). Kentucky Retirement System Trust Fund reported 0.94% stake. Avalon Limited Liability Corporation invested in 0.84% or 363,350 shares. Blue Ridge Limited Liability Corp has invested 4.9% in Citigroup Inc. (NYSE:C). Sun Life Finance Inc has 20,042 shares. Moreover, Advantus Capital Mngmt Inc has 0.52% invested in Citigroup Inc. (NYSE:C). Private Ocean Limited Co invested in 79 shares. Vantage Invest Prtnrs Limited Liability Corp owns 511,850 shares. Lincluden Mngmt Ltd invested 0.67% of its portfolio in Citigroup Inc. (NYSE:C). Crow Point Prtnrs Limited Co stated it has 0.15% of its portfolio in Citigroup Inc. (NYSE:C). United Amer (D B A Uas Asset Management) stated it has 68,250 shares or 2.41% of all its holdings. Guardian Life Ins Of America invested 0.07% in Citigroup Inc. (NYSE:C). Us Bank De reported 522,743 shares or 0.12% of all its holdings. Moreover, Profund Advisors has 0.3% invested in Citigroup Inc. (NYSE:C) for 99,690 shares. Wells Fargo & Mn reported 12.72M shares stake.

Among 39 analysts covering Citigroup Inc. (NYSE:C), 18 have Buy rating, 3 Sell and 18 Hold. Therefore 46% are positive. Citigroup Inc. has $215 highest and $4.0 lowest target. $73.01’s average target is -7.14% below currents $78.62 stock price. Citigroup Inc. had 114 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Market Perform” on Friday, September 4. As per Tuesday, January 19, the company rating was maintained by RBC Capital Markets. The stock of Citigroup Inc. (NYSE:C) earned “Outperform” rating by Keefe Bruyette & Woods on Tuesday, January 19. Macquarie Research downgraded the shares of C in report on Friday, November 18 to “Neutral” rating. The stock of Citigroup Inc. (NYSE:C) has “Hold” rating given on Tuesday, January 16 by Keefe Bruyette & Woods. The stock of Citigroup Inc. (NYSE:C) has “Buy” rating given on Thursday, July 20 by Oppenheimer. The stock of Citigroup Inc. (NYSE:C) earned “Buy” rating by Evercore on Monday, September 21. JP Morgan downgraded the shares of C in report on Wednesday, August 26 to “Overweight” rating. The stock has “Underperform” rating by Iberia Capital Partners on Monday, September 21. Credit Suisse initiated Citigroup Inc. (NYSE:C) on Monday, December 21 with “Neutral” rating.

Since August 4, 2017, it had 0 insider buys, and 1 insider sale for $2.70 million activity. On Friday, August 4 the insider WALSH JEFFREY R sold $344,870. On Thursday, August 10 Aristeguieta Francisco sold $2.70 million worth of Citigroup Inc. (NYSE:C) or 40,000 shares.

Atalanta Sosnoff Capital Llc decreased Time Warner Inc New (NYSE:TWX) stake by 11,340 shares to 309,583 valued at $31.72 million in 2017Q3. It also reduced Disney Walt Co (NYSE:DIS) stake by 359,976 shares and now owns 28,144 shares. Alphabet Inc Class A was reduced too.

MediciNova, Inc., a biopharmaceutical company, focuses on acquiring and developing novel and small molecule therapeutics for the treatment of serious diseases with unmet medical needs in the United States. The company has market cap of $300.36 million. The companyÂ’s product candidate includes MN-166 , an oral anti-inflammatory and neuroprotective agent for the treatment of neurological disorders, including primary and secondary progressive multiple sclerosis; amyotrophic lateral sclerosis; and substance dependence and addiction, including methamphetamine, opioid, and alcohol dependence. It currently has negative earnings. The Company’s product pipeline also comprises MN-001 (tipelukast), an orally bioavailable small molecule compound to treat fibrotic diseases, such as nonalcoholic steatohepatitis, idiopathic pulmonary fibrosis, and other fibrotic diseases; MN-221 (bedoradrine), a ß2-adrenergic receptor agonist for the treatment of acute exacerbation of asthma; and MN-029 (denibulin), a tubulin binding agent to treat solid tumor cancers.