Tredje AP fonden lifted its position in Citigroup Inc (NYSE:C) by 23.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 313,093 shares of the financial services provider’s stock after acquiring an additional 60,420 shares during the quarter. Citigroup makes up about 0.8% of Tredje AP fonden’s holdings, making the stock its 18th biggest holding. Tredje AP fonden’s holdings in Citigroup were worth $22,774,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of C. Sarasin & Partners LLP lifted its position in Citigroup by 4.3% in the 3rd quarter. Sarasin & Partners LLP now owns 971,874 shares of the financial services provider’s stock worth $70,694,000 after buying an additional 39,709 shares in the last quarter. Skandinaviska Enskilda Banken AB publ lifted its position in Citigroup by 2.5% in the 3rd quarter. Skandinaviska Enskilda Banken AB publ now owns 470,458 shares of the financial services provider’s stock worth $34,221,000 after buying an additional 11,270 shares in the last quarter. KBC Group NV lifted its position in Citigroup by 86.0% in the 3rd quarter. KBC Group NV now owns 1,257,388 shares of the financial services provider’s stock worth $91,463,000 after buying an additional 581,535 shares in the last quarter. Pinnacle Associates Ltd. lifted its position in Citigroup by 2.0% in the 3rd quarter. Pinnacle Associates Ltd. now owns 547,368 shares of the financial services provider’s stock worth $39,816,000 after buying an additional 10,481 shares in the last quarter. Finally, Boston Private Wealth LLC lifted its position in Citigroup by 2.1% in the 3rd quarter. Boston Private Wealth LLC now owns 252,136 shares of the financial services provider’s stock worth $18,341,000 after buying an additional 5,181 shares in the last quarter. Institutional investors and hedge funds own 78.53% of the company’s stock.

Citigroup Inc (C) opened at $78.30 on Friday. Citigroup Inc has a 12 month low of $55.23 and a 12 month high of $78.44. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.29. The stock has a market cap of $198,892.28, a price-to-earnings ratio of -25.26, a P/E/G ratio of 1.47 and a beta of 1.56.

Citigroup (NYSE:C) last posted its earnings results on Tuesday, January 16th. The financial services provider reported $1.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.09. Citigroup had a negative net margin of 7.05% and a positive return on equity of 7.60%. The business had revenue of $17.26 billion for the quarter, compared to analyst estimates of $17.23 billion. During the same period last year, the business posted $1.14 EPS. Citigroup’s revenue was up 1.4% compared to the same quarter last year. equities analysts anticipate that Citigroup Inc will post 6.33 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Investors of record on Monday, February 5th will be paid a $0.32 dividend. The ex-dividend date is Friday, February 2nd. This represents a $1.28 dividend on an annualized basis and a yield of 1.63%. Citigroup’s payout ratio is presently -41.29%.

A number of equities research analysts have issued reports on the stock. ValuEngine upgraded shares of Citigroup from a “buy” rating to a “strong-buy” rating in a research report on Sunday, December 31st. Deutsche Bank set a $74.00 price target on shares of Citigroup and gave the stock a “neutral” rating in a research note on Wednesday. Raymond James Financial started coverage on shares of Citigroup in a research note on Tuesday, October 31st. They set a “hold” rating on the stock. Morgan Stanley increased their price target on shares of Citigroup from $73.00 to $79.00 and gave the stock an “overweight” rating in a research note on Friday, October 13th. Finally, Wells Fargo & Co set a $100.00 price target on shares of Citigroup and gave the stock a “buy” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, eleven have issued a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average target price of $79.30.

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Citigroup Profile

Citigroup Inc (Citi) is a financial services holding company. The Company’s whose businesses provide consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management.

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Institutional Ownership by Quarter for Citigroup (NYSE:C)

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