Glenview Trust Co boosted its position in shares of Citigroup Inc (NYSE:C) by 0.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 128,984 shares of the financial services provider’s stock after acquiring an additional 328 shares during the quarter. Glenview Trust Co’s holdings in Citigroup were worth $10,304,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Miles Capital Inc. raised its position in shares of Citigroup by 1.0% during the fourth quarter. Miles Capital Inc. now owns 13,024 shares of the financial services provider’s stock valued at $1,040,000 after buying an additional 130 shares during the last quarter. Culbertson A N & Co. Inc. increased its position in Citigroup by 0.5% in the fourth quarter. Culbertson A N & Co. Inc. now owns 26,730 shares of the financial services provider’s stock worth $2,135,000 after purchasing an additional 131 shares during the last quarter. Principle Wealth Partners LLC increased its position in Citigroup by 4.5% in the third quarter. Principle Wealth Partners LLC now owns 3,075 shares of the financial services provider’s stock worth $212,000 after purchasing an additional 133 shares during the last quarter. RDA Financial Network increased its position in Citigroup by 4.6% in the fourth quarter. RDA Financial Network now owns 3,178 shares of the financial services provider’s stock worth $243,000 after purchasing an additional 140 shares during the last quarter. Finally, CAPROCK Group Inc. raised its stake in Citigroup by 0.6% during the fourth quarter. CAPROCK Group Inc. now owns 25,501 shares of the financial services provider’s stock valued at $2,037,000 after purchasing an additional 140 shares in the last quarter. Institutional investors own 76.99% of the company’s stock.

Shares of NYSE C traded down $0.37 during trading hours on Friday, hitting $78.63. 87,490 shares of the stock were exchanged, compared to its average volume of 12,186,259. Citigroup Inc has a 12 month low of $60.05 and a 12 month high of $83.11. The firm has a fifty day moving average price of $79.01 and a 200-day moving average price of $72.71. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.41. The company has a market cap of $171.34 billion, a PE ratio of 9.80, a PEG ratio of 0.78 and a beta of 1.78.

Citigroup (NYSE:C) last issued its earnings results on Tuesday, January 14th. The financial services provider reported $1.90 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.86 by $0.04. Citigroup had a net margin of 18.75% and a return on equity of 10.32%. The firm had revenue of $18.38 billion during the quarter, compared to analysts’ expectations of $17.95 billion. During the same quarter last year, the company posted $1.64 earnings per share. The firm’s revenue was up 7.3% compared to the same quarter last year. As a group, equities analysts anticipate that Citigroup Inc will post 8.66 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Monday, February 3rd will be given a $0.51 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $2.04 dividend on an annualized basis and a dividend yield of 2.59%. Citigroup’s dividend payout ratio (DPR) is currently 26.91%.

C has been the subject of several research reports. Wells Fargo & Co increased their price objective on shares of Citigroup from $97.00 to $100.00 and gave the company an “overweight” rating in a research report on Wednesday, January 15th. ValuEngine lowered Citigroup from a “sell” rating to a “strong sell” rating in a research note on Monday. Royal Bank of Canada reiterated a “buy” rating and issued a $84.00 target price on shares of Citigroup in a report on Sunday, January 19th. Deutsche Bank downgraded Citigroup from a “buy” rating to a “hold” rating and boosted their target price for the company from $84.00 to $88.00 in a research report on Monday, January 6th. Finally, Goldman Sachs Group increased their price target on Citigroup from $84.00 to $88.00 and gave the company a “buy” rating in a report on Monday, January 6th. One analyst has rated the stock with a sell rating, three have given a hold rating and seventeen have given a buy rating to the company’s stock. Citigroup presently has a consensus rating of “Buy” and an average target price of $89.61.

Citigroup Company Profile

Citigroup Inc, a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).

Further Reading: Treasury Bonds

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Institutional Ownership by Quarter for Citigroup (NYSE:C)

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