Rk Capital Management Has Cut Logmein (LOGM) Stake By $1.00 Million; Citizens Financial Group (CFG) Shorts Down By 14.98%

January 14, 2018 - By Marguerite Chambers

Citizens Financial Group Incorporated (NYSE:CFG) had a decrease of 14.98% in short interest. CFG’s SI was 8.44M shares in January as released by FINRA. Its down 14.98% from 9.93M shares previously. With 4.76M avg volume, 2 days are for Citizens Financial Group Incorporated (NYSE:CFG)’s short sellers to cover CFG’s short positions. The stock increased 0.49% or $0.22 during the last trading session, reaching $45.52. About 2.27 million shares traded. Citizens Financial Group, Inc. (NYSE:CFG) has risen 50.96% since January 14, 2017 and is uptrending. It has outperformed by 34.26% the S&P500.

Rk Capital Management Llc decreased Logmein Inc (LOGM) stake by 8.09% reported in 2017Q3 SEC filing. Rk Capital Management Llc sold 9,100 shares as Logmein Inc (LOGM)’s stock rose 17.94%. The Rk Capital Management Llc holds 103,416 shares with $11.38M value, down from 112,516 last quarter. Logmein Inc now has $6.37 billion valuation. The stock increased 1.09% or $1.3 during the last trading session, reaching $121. About 223,152 shares traded. LogMeIn, Inc. (NASDAQ:LOGM) has risen 101.86% since January 14, 2017 and is uptrending. It has outperformed by 85.16% the S&P500.

Investors sentiment increased to 1.01 in Q3 2017. Its up 0.01, from 1 in 2017Q2. It is positive, as 50 investors sold Citizens Financial Group, Inc. shares while 178 reduced holdings. 55 funds opened positions while 175 raised stakes. 468.84 million shares or 1.38% less from 475.38 million shares in 2017Q2 were reported. Hotchkis & Wiley reported 11.47M shares stake. Sumitomo Mitsui Asset Com Limited holds 0.02% of its portfolio in Citizens Financial Group, Inc. (NYSE:CFG) for 38,309 shares. Nippon Life Insurance, a Japan-based fund reported 23,007 shares. Invesco Limited invested in 0.33% or 23.55 million shares. Dana Inv Advsrs Inc reported 910,025 shares. Koch Industries holds 0.19% or 21,143 shares in its portfolio. Thornburg Investment Mngmt holds 0.14% of its portfolio in Citizens Financial Group, Inc. (NYSE:CFG) for 508,077 shares. 3,338 are held by Ftb Inc. Meag Munich Ergo Kapitalanlagegesellschaft Mbh accumulated 86,944 shares. Moreover, Nomura Asset Limited has 0.04% invested in Citizens Financial Group, Inc. (NYSE:CFG) for 76,704 shares. 279,822 were accumulated by M&R Inc. Commonwealth Bancorp Of Australia, a Australia-based fund reported 104,988 shares. Victory owns 6.95 million shares. Thrivent For Lutherans has 118,892 shares for 0.02% of their portfolio. Zacks Invest Management has invested 0.47% in Citizens Financial Group, Inc. (NYSE:CFG).

Citizens Financial Group, Inc. operates as the bank holding firm for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking services and products in the United States. The company has market cap of $22.40 billion. It operates in two divisions, Consumer Banking and Commercial Banking. It has a 18.42 P/E ratio. The Consumer Banking segment offers traditional banking services and products, including checking, savings, mortgage and home equity lending, student loans, personal unsecured lines and loans, credit cards, business loans, and wealth management and investment services for retail clients and small businesses.

Among 26 analysts covering Citizens Financial Group (NYSE:CFG), 12 have Buy rating, 3 Sell and 11 Hold. Therefore 46% are positive. Citizens Financial Group had 75 analyst reports since July 22, 2015 according to SRatingsIntel. Compass Point maintained Citizens Financial Group, Inc. (NYSE:CFG) rating on Tuesday, January 26. Compass Point has “Buy” rating and $30 target. The firm has “Hold” rating by RBC Capital Markets given on Wednesday, June 28. The firm has “Buy” rating by Goldman Sachs given on Monday, January 11. As per Friday, August 11, the company rating was maintained by Keefe Bruyette & Woods. The rating was upgraded by Bernstein to “Outperform” on Thursday, September 14. Barclays Capital maintained Citizens Financial Group, Inc. (NYSE:CFG) rating on Monday, October 23. Barclays Capital has “Equal-Weight” rating and $41 target. Deutsche Bank downgraded the stock to “Hold” rating in Tuesday, November 8 report. RBC Capital Markets maintained Citizens Financial Group, Inc. (NYSE:CFG) rating on Sunday, July 23. RBC Capital Markets has “Hold” rating and $3700 target. The firm has “Buy” rating given on Wednesday, September 30 by UBS. The stock of Citizens Financial Group, Inc. (NYSE:CFG) has “Hold” rating given on Monday, November 14 by Sandler O’Neill.

Rk Capital Management Llc increased Caleres Inc stake by 69,200 shares to 277,475 valued at $8.47M in 2017Q3. It also upped Deluxe Corp (NYSE:DLX) stake by 9,900 shares and now owns 243,793 shares. Del Taco Restaurants Inc was raised too.

Analysts await LogMeIn, Inc. (NASDAQ:LOGM) to report earnings on February, 27. They expect $0.91 earnings per share, up 175.76% or $0.58 from last year’s $0.33 per share. LOGM’s profit will be $47.90 million for 33.24 P/E if the $0.91 EPS becomes a reality. After $0.93 actual earnings per share reported by LogMeIn, Inc. for the previous quarter, Wall Street now forecasts -2.15% negative EPS growth.

Investors sentiment increased to 1.33 in 2017 Q3. Its up 0.31, from 1.02 in 2017Q2. It increased, as 33 investors sold LOGM shares while 100 reduced holdings. 50 funds opened positions while 127 raised stakes. 51.03 million shares or 4.65% more from 48.76 million shares in 2017Q2 were reported. Rk Cap Lc accumulated 2.65% or 103,416 shares. Legal & General Gp Public Ltd Company stated it has 46,497 shares. Barclays Public Limited has invested 0% in LogMeIn, Inc. (NASDAQ:LOGM). Trexquant Investment Limited Partnership invested 0.29% in LogMeIn, Inc. (NASDAQ:LOGM). Summit Creek Advisors Limited Company invested in 108,925 shares. Magnetar Llc has invested 0.01% in LogMeIn, Inc. (NASDAQ:LOGM). 11,768 were reported by Koch Industries. Pnc Fin Svcs Group Inc has invested 0% in LogMeIn, Inc. (NASDAQ:LOGM). Manufacturers Life Com The holds 0.01% of its portfolio in LogMeIn, Inc. (NASDAQ:LOGM) for 104,869 shares. Ubs Asset Management Americas has 0.02% invested in LogMeIn, Inc. (NASDAQ:LOGM) for 154,749 shares. Northwestern Mutual Wealth has 317 shares. Qci Asset has invested 0% in LogMeIn, Inc. (NASDAQ:LOGM). Adi Cap Mngmt Ltd Liability Corp holds 10.43% or 191,987 shares. Capstone Investment Advisors holds 0.01% or 2,300 shares in its portfolio. Moreover, Chicago Equity Prtnrs Limited Liability Company has 0.03% invested in LogMeIn, Inc. (NASDAQ:LOGM) for 8,245 shares.

Since August 1, 2017, it had 0 insider purchases, and 7 sales for $7.92 million activity. $84,922 worth of LogMeIn, Inc. (NASDAQ:LOGM) shares were sold by Battles Christopher. On Tuesday, August 1 Herdiech Edward K. sold $747,626 worth of LogMeIn, Inc. (NASDAQ:LOGM) or 6,354 shares. On Monday, August 7 Simon Michael K sold $2.33 million worth of LogMeIn, Inc. (NASDAQ:LOGM) or 20,000 shares. Benson Steven J. sold 3,016 shares worth $336,591. Wagner William Raymond sold $533,581 worth of stock. Ford W. Sean had sold 14,640 shares worth $1.65M.

Among 13 analysts covering LogMeIn (NASDAQ:LOGM), 11 have Buy rating, 0 Sell and 2 Hold. Therefore 85% are positive. LogMeIn had 45 analyst reports since July 24, 2015 according to SRatingsIntel. The stock has “Outperform” rating by RBC Capital Markets on Friday, February 12. The firm earned “Strong Buy” rating on Friday, October 14 by Needham. KeyBanc Capital Markets upgraded the stock to “Overweight” rating in Friday, August 28 report. The firm has “Buy” rating given on Monday, October 23 by Piper Jaffray. JP Morgan upgraded LogMeIn, Inc. (NASDAQ:LOGM) on Wednesday, July 27 to “Overweight” rating. The company was maintained on Sunday, October 8 by RBC Capital Markets. The firm has “Buy” rating by Cowen & Co given on Friday, July 28. The rating was upgraded by KeyBanc Capital Markets to “Overweight” on Friday, July 28. The company was maintained on Wednesday, December 20 by Needham. The company was maintained on Friday, July 28 by Oppenheimer.

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