Bridge Creek Capital Management LLC trimmed its stake in Citigroup Inc (NYSE:C) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 42,125 shares of the financial services provider’s stock after selling 932 shares during the quarter. Bridge Creek Capital Management LLC’s holdings in Citigroup were worth $3,134,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in C. Catamount Wealth Management purchased a new stake in shares of Citigroup during the 2nd quarter valued at approximately $100,000. Mitsubishi UFJ Securities Holdings Co. Ltd. lifted its stake in shares of Citigroup by 206.0% during the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,530 shares of the financial services provider’s stock valued at $102,000 after buying an additional 1,030 shares in the last quarter. Balentine LLC lifted its stake in shares of Citigroup by 20.2% during the 2nd quarter. Balentine LLC now owns 1,617 shares of the financial services provider’s stock valued at $108,000 after buying an additional 272 shares in the last quarter. Acrospire Investment Management LLC lifted its stake in shares of Citigroup by 21.4% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,700 shares of the financial services provider’s stock valued at $114,000 after buying an additional 300 shares in the last quarter. Finally, Sawyer & Company Inc purchased a new stake in shares of Citigroup during the 4th quarter valued at approximately $117,000. Hedge funds and other institutional investors own 80.94% of the company’s stock.

A number of analysts recently commented on the stock. Vetr cut shares of Citigroup from a “sell” rating to a “strong sell” rating and set a $61.20 price target on the stock. in a research note on Monday. Morgan Stanley upped their price target on shares of Citigroup from $88.00 to $92.00 and gave the company an “overweight” rating in a research note on Friday, February 2nd. Zacks Investment Research upgraded shares of Citigroup from a “hold” rating to a “buy” rating and set a $89.00 price target on the stock in a research note on Friday, February 2nd. Deutsche Bank set a $74.00 price target on shares of Citigroup and gave the company a “neutral” rating in a research note on Wednesday, January 17th. Finally, Jefferies Group restated a “hold” rating and set a $83.00 price target on shares of Citigroup in a research note on Tuesday, January 16th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $79.44.

Shares of Citigroup Inc (C) opened at $74.82 on Wednesday. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.01 and a current ratio of 1.01. The firm has a market cap of $197,820.00, a P/E ratio of 13.48, a P/E/G ratio of 1.45 and a beta of 1.54. Citigroup Inc has a twelve month low of $56.14 and a twelve month high of $80.70.

Citigroup (NYSE:C) last posted its earnings results on Tuesday, January 16th. The financial services provider reported $1.28 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.19 by $0.09. The business had revenue of $17.26 billion for the quarter, compared to analyst estimates of $17.23 billion. Citigroup had a negative net margin of 7.05% and a positive return on equity of 7.60%. Citigroup’s revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.14 EPS. analysts forecast that Citigroup Inc will post 6.4 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, February 23rd. Stockholders of record on Monday, February 5th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.71%. The ex-dividend date is Friday, February 2nd. Citigroup’s payout ratio is 23.06%.

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About Citigroup

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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