The firm's market cap is $8.84 billion. Keefe, Bruyette & Woods reaffirmed a "hold" rating and issued a $53.00 price objective on shares of CIT Group in a report on Friday, December 29th.
CIT Group stock traded down $0.89 during mid-day trading on Friday, reaching $51.78. Last quarter $0.99 earnings per share was reported. CIT has also 614,420 shares volume. Zacks Investment Research upgraded shares of CIT Group from a hold rating to a buy rating and set a $55.00 price target on the stock in a research report on Tuesday, January 2nd. It has outperformed by 13.47% the S&P500.
Davis Capital Partners Llc increased its stake in Signature Bank New York (SBNY) by 2.8% based on its latest 2017Q4 regulatory filing with the SEC. New Mountain Vantage Advisers Limited Liability Company accumulated 655,963 shares. Fiera Cap, a Quebec - Canada-based fund reported 13,063 shares. About 6.32 million shares traded. Schlumberger Limited (NYSE:SLB) has declined 16.28% since April 14, 2017 and is downtrending. It has underperformed by 47.47% the S&P500.
Among 39 analysts covering The Walt Disney Company (NYSE:DIS), 24 have Buy rating, 3 Sell and 12 Hold. The positive are 36%. On Tuesday, October 17 the stock of CIT Group Inc. BTIG Research has "Buy" rating and $57.0 target. The rating was maintained by JP Morgan with "Neutral" on Wednesday, March 28. As per Monday, February 5, the company rating was maintained by Credit Suisse. The rating was maintained by JP Morgan on Wednesday, August 12 with "Hold". RBC Capital Markets has "Outperform" rating and $33 target. As per Tuesday, January 5, the company rating was downgraded by Macquarie Research.
Since February 26, 2018, it had 0 insider purchases, and 1 insider sale for $194,780 activity. Massachusetts Fincl Services Comm Ma has 0.18% invested in Verisk Analytics, Inc. Its down 0.22, from 0.88 in 2017Q3. It dived, as 153 investors sold GE shares while 921 reduced holdings. 162 funds opened positions while 508 raised stakes. Comerica Savings Bank accumulated 0.04% or 104,279 shares. Janney Montgomery Scott Ltd reported 5,458 shares. Hodges Management stated it has 0.04% of its portfolio in The Walt Disney Company (NYSE:DIS). Ls Invest Lc holds 1.56% in Visa Inc. The Woodstock Corp holds 97,824 shares with $6.59 million value, down from 103,607 last quarter. Rowland And Investment Counsel Adv reported 52,644 shares. Edgar Lomax Va has invested 0.9% in The Walt Disney Company (NYSE:DIS). (NYSE:CIT). Quantitative Inv Management Ltd Llc accumulated 20,000 shares. Capital World Investors boosted its stake in CIT Group Inc (DEL) by 35.2% in the third quarter. Quantbot LP holds 0.01% or 806 shares in its portfolio. Jfs Wealth Lc holds 0.01% of its portfolio in Visa Inc. Finally, BMO Capital Markets raised shares of CIT Group from an "underperform" rating to a "market perform" rating and lowered their price target for the stock from $49.00 to $35.00 in a report on Monday, February 5th. Therefore 29% are positive.
Analysts await Barrick Gold Corporation (NYSE:ABX) to report earnings on April, 23. On Thursday, February 22 the stock rating was maintained by BMO Capital Markets with "Market Perform". The stock of Schlumberger Limited (NYSE:SLB) has "Buy" rating given on Thursday, April 20 by Suntrust Robinson. CIT Group has a 12 month low of $41.71 and a 12 month high of $56.14. The firm has "Buy" rating given on Wednesday, August 23 by KeyBanc Capital Markets. Stephens upgraded the stock to "Overweight" rating in Monday, July 17 report.
CIT stock opened at $51.50 on Friday. (NYSE:CIT) with "Equal-Weight" rating. The firm has "Hold" rating given on Thursday, July 27 by Keefe Bruyette & Woods.
Owl Creek Asset Management Lp decreased Herbalife Ltd (Prn) stake by 95.13 million shares to 34.33M valued at $34.82 million in 2017Q4. It also reduced its holding in Hancock Hldg Co (NASDAQ:HBHC) by 132,225 shares in the quarter, leaving it with 262,500 shares, and cut its stake in Chemical Finl Corp (NASDAQ:CHFC).
Investors sentiment increased to 1.08 in 2017 Q4. It has change of 0.11, from 2017Q3's 1.01. It improved, as 28 investors sold VRSK shares while 156 reduced holdings. 129.34 million shares or 3.85% less from 134.52 million shares in 2017Q3 were reported. 87,960 were accumulated by Flaherty And Crumrine. After $1.08 actual earnings per share reported by Visa Inc. for the previous quarter, Wall Street now forecasts -6.48% negative EPS growth. (NYSE:CIT) by 9.9% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. Oppenheimer & holds 0.01% or 9,842 shares in its portfolio. Amp holds 0.01% of its portfolio in CIT Group Inc. Owl Creek Asset Management Lp acquired 73,200 shares as Cit Group Inc (CIT)'s stock rose 2.13%. 3,500 shares were sold by SANDVOLD TORE I, worth $219,205 on Tuesday, October 24. Walleye Trading Lc reported 0.02% stake. Nomura Hldgs Incorporated stated it has 0% in CIT Group Inc. (NYSE:CIT) for 100,000 shares.
Total analysts of 11 have positions in CIT Group (NYSE:CIT) as follows: 4 rated it a "Buy", 0 with "Sell" and 7 with "Hold". Finally, Schwab Charles Investment Management Inc. grew its position in CIT Group by 19.7% during the fourth quarter. (NYSE:CIT) for 510 shs. Teacher Retirement Systems Of Texas holds 0.07% of its portfolio in CIT Group Inc. CIT's SI was 4.48 million shares in April as released by FINRA. Kemper Corp has invested 0.15% of its capital in CIT Group Inc.
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