1832 Asset Management L.P. boosted its holdings in shares of Citigroup Inc (NYSE:C) by 33.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 376,775 shares of the financial services provider’s stock after buying an additional 94,532 shares during the period. 1832 Asset Management L.P.’s holdings in Citigroup were worth $16,663,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. Wealth Quarterback LLC purchased a new position in shares of Citigroup in the fourth quarter worth about $17,296,742,000. Massachusetts Financial Services Co. MA increased its holdings in Citigroup by 2.9% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 34,472,019 shares of the financial services provider’s stock valued at $1,451,962,000 after purchasing an additional 961,095 shares during the period. Bank of New York Mellon Corp increased its holdings in Citigroup by 2.1% during the 1st quarter. Bank of New York Mellon Corp now owns 33,904,405 shares of the financial services provider’s stock valued at $1,428,052,000 after purchasing an additional 710,927 shares during the period. Geode Capital Management LLC increased its holdings in Citigroup by 2.0% during the 1st quarter. Geode Capital Management LLC now owns 32,582,914 shares of the financial services provider’s stock valued at $1,370,137,000 after purchasing an additional 647,139 shares during the period. Finally, Norges Bank purchased a new position in Citigroup during the 4th quarter valued at about $2,180,333,000. 77.12% of the stock is owned by institutional investors.

Citigroup stock traded down $2.41 during midday trading on Friday, reaching $50.27. The stock had a trading volume of 6,735,907 shares, compared to its average volume of 33,946,640. The firm has a market cap of $109.67 billion, a price-to-earnings ratio of 7.01, a price-to-earnings-growth ratio of 1.59 and a beta of 1.80. The company has a fifty day moving average of $49.35 and a 200 day moving average of $60.53. Citigroup Inc has a 52-week low of $32.00 and a 52-week high of $83.11. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.52.

Citigroup (NYSE:C) last announced its earnings results on Wednesday, April 15th. The financial services provider reported $1.05 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.89 by $0.16. The company had revenue of $20.73 billion during the quarter, compared to the consensus estimate of $18.98 billion. Citigroup had a net margin of 16.56% and a return on equity of 9.15%. Citigroup’s revenue was up 11.6% compared to the same quarter last year. During the same period last year, the firm earned $1.87 earnings per share. Equities research analysts predict that Citigroup Inc will post 3.05 EPS for the current year.

C has been the topic of a number of research analyst reports. Wells Fargo & Co boosted their price target on Citigroup from $60.00 to $72.00 in a report on Friday, June 5th. Morgan Stanley lifted their price objective on Citigroup from $59.00 to $61.00 and gave the company an “overweight” rating in a research report on Thursday. BMO Capital Markets cut their price objective on Citigroup from $71.00 to $67.00 and set an “outperform” rating on the stock in a research report on Thursday, April 16th. Keefe, Bruyette & Woods cut Citigroup from an “outperform” rating to a “market perform” rating in a research report on Wednesday, April 1st. Finally, Standpoint Research cut Citigroup from a “buy” rating to a “hold” rating in a research report on Tuesday, June 9th. One research analyst has rated the stock with a sell rating, four have given a hold rating and eighteen have assigned a buy rating to the company. Citigroup currently has a consensus rating of “Buy” and an average price target of $76.59.

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).

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Institutional Ownership by Quarter for Citigroup (NYSE:C)

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