Citigroup Gives Group PLC (LON:MONY) GBX 300.00 Target; Karpus Management Trimmed First Tr Enhanced Eqty Fd (FFA) Stake By $4.85 Million

February 27, 2018 - By Jerrie Dane

Karpus Management Inc decreased First Tr Enhanced Eqty Inc Fd (FFA) stake by 44.56% reported in 2017Q3 SEC filing. Karpus Management Inc sold 323,621 shares as First Tr Enhanced Eqty Inc Fd (FFA)’s stock rose 3.24%. The Karpus Management Inc holds 402,683 shares with $6.06 million value, down from 726,304 last quarter. First Tr Enhanced Eqty Inc Fd now has $314.58 million valuation. The stock increased 1.74% or $0.27 during the last trading session, reaching $15.75. About 26,681 shares traded. First Trust Enhanced Equity Income Fund (NYSE:FFA) has risen 19.38% since February 27, 2017 and is uptrending. It has outperformed by 2.68% the S&P500. Group PLC (LON:MONY)‘s rating was cut by stock analysts at Citigroup to a “Neutral”. They have a target price of GBX 300.00 on MONY. Citigroup’s target price gives a potential upside of 9.09% from the stock’s current price.

Karpus Management Inc increased Vanguard Intl Equity Index Fd Mega Cap Gro Etf (VPL) stake by 4,748 shares to 619,318 valued at $42.24M in 2017Q3. It also upped Nuveen Amt (NEA) stake by 868,284 shares and now owns 2.41M shares. Kbl Merger Corp. Iv was raised too.

Investors sentiment decreased to 0.95 in Q3 2017. Its down 0.10, from 1.05 in 2017Q2. It turned negative, as 7 investors sold FFA shares while 13 reduced holdings. 5 funds opened positions while 14 raised stakes. 5.36 million shares or 3.64% less from 5.56 million shares in 2017Q2 were reported. Finance invested in 510 shares or 0% of the stock. Brinker holds 0.02% or 36,398 shares. Cwm Ltd Co reported 4,303 shares or 0% of all its holdings. Citigroup, a New York-based fund reported 890 shares. 727 were accumulated by Benjamin F Edwards Com. Georgia-based Advisory Svcs Ntwk Limited Liability has invested 0% in First Trust Enhanced Equity Income Fund (NYSE:FFA). Guggenheim Cap Ltd Co holds 0% or 123,603 shares in its portfolio. 48,398 are owned by Bancshares Of Nova Scotia. Raymond James And reported 655,962 shares. Moreover, Laurion Capital Management Lp has 0% invested in First Trust Enhanced Equity Income Fund (NYSE:FFA). Parametric invested in 0% or 148,808 shares. Karpus Mgmt invested 0.31% in First Trust Enhanced Equity Income Fund (NYSE:FFA). 1.07M are owned by Morgan Stanley. Pnc Services owns 3,632 shares. Blue Bell Private Wealth Mngmt Lc holds 0.36% or 50,720 shares in its portfolio. Group PLC, together with its subsidiaries, operates price comparison sites in the United Kingdom. The company has market cap of 1.45 billion GBP. The firm operates through five divisions: Money, Insurance, Travel, Home Services, and It has a 18.75 P/E ratio. It offers clients the ability to search for and compare products, such as insurance products, including breakdown, dental, home, life, medical, motor, pet, and travel insurance; credit cards, current accounts, mortgages, loans, debt solutions, savings accounts, and business finance; broadband, mobile phones, vouchers, shopping, and utilities; and car hire, flights, hotels and package holidays, and others.