Citigroup Inc. (NYSE:C) Shares Sold by Polianta Ltd

Polianta Ltd decreased its stake in Citigroup Inc. (NYSE:CFree Report) by 26.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,700 shares of the company’s stock after selling 6,300 shares during the period. Polianta Ltd’s holdings in Citigroup were worth $910,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of C. Snider Financial Group lifted its holdings in shares of Citigroup by 96,645.9% in the 1st quarter. Snider Financial Group now owns 84,494,926 shares of the company’s stock valued at $4,512,000 after purchasing an additional 84,407,589 shares during the last quarter. State Street Corp increased its holdings in shares of Citigroup by 1.7% in the 2nd quarter. State Street Corp now owns 83,964,367 shares of the company’s stock valued at $3,865,719,000 after acquiring an additional 1,442,952 shares during the period. Geode Capital Management LLC increased its holdings in shares of Citigroup by 2.4% in the 2nd quarter. Geode Capital Management LLC now owns 36,038,176 shares of the company’s stock valued at $1,655,333,000 after acquiring an additional 859,170 shares during the period. Morgan Stanley increased its holdings in shares of Citigroup by 2.6% in the 4th quarter. Morgan Stanley now owns 25,852,678 shares of the company’s stock valued at $1,169,317,000 after acquiring an additional 666,560 shares during the period. Finally, Northern Trust Corp increased its holdings in shares of Citigroup by 1.2% in the 3rd quarter. Northern Trust Corp now owns 20,051,311 shares of the company’s stock valued at $824,710,000 after acquiring an additional 232,652 shares during the period. Institutional investors and hedge funds own 69.26% of the company’s stock.

Wall Street Analyst Weigh In

C has been the topic of a number of research reports. BMO Capital Markets lowered Citigroup from an “outperform” rating to a “market perform” rating and set a $57.00 price target on the stock. in a report on Wednesday, January 10th. Morgan Stanley raised Citigroup from an “underweight” rating to an “overweight” rating and increased their price target for the stock from $46.00 to $65.00 in a report on Tuesday, January 30th. Daiwa Capital Markets raised shares of Citigroup from a “neutral” rating to a “buy” rating and set a $63.00 price target for the company in a report on Monday, December 18th. Oppenheimer increased their price target on shares of Citigroup from $93.00 to $95.00 and gave the stock an “outperform” rating in a report on Tuesday, January 30th. Finally, Societe Generale cut shares of Citigroup from a “hold” rating to a “sell” rating in a report on Monday, January 8th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $57.97.

Read Our Latest Report on C

Citigroup Trading Up 0.9 %

Shares of C stock traded up $0.52 on Friday, reaching $57.61. 26,164,256 shares of the stock were exchanged, compared to its average volume of 17,618,707. The stock has a market cap of $110.11 billion, a P/E ratio of 14.44, a price-to-earnings-growth ratio of 1.59 and a beta of 1.50. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 1.52. The firm has a 50 day moving average of $54.77 and a two-hundred day moving average of $47.86. Citigroup Inc. has a 1-year low of $38.17 and a 1-year high of $58.67.

Citigroup (NYSE:CGet Free Report) last released its quarterly earnings results on Friday, January 12th. The company reported ($1.16) earnings per share for the quarter, missing analysts’ consensus estimates of $0.73 by ($1.89). The firm had revenue of $17.44 billion for the quarter, compared to analyst estimates of $18.71 billion. Citigroup had a net margin of 5.88% and a return on equity of 6.49%. Citigroup’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.10 earnings per share. On average, research analysts anticipate that Citigroup Inc. will post 5.88 EPS for the current year.

Citigroup Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Investors of record on Monday, February 5th were issued a $0.53 dividend. The ex-dividend date of this dividend was Friday, February 2nd. This represents a $2.12 annualized dividend and a yield of 3.68%. Citigroup’s dividend payout ratio is presently 53.13%.

About Citigroup

(Free Report)

Citigroup Inc, a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.

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Institutional Ownership by Quarter for Citigroup (NYSE:C)

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