Guggenheim Capital LLC lessened its holdings in shares of Citigroup Inc (NYSE:C) by 1.7% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 304,169 shares of the financial services provider’s stock after selling 5,312 shares during the period. Guggenheim Capital LLC’s holdings in Citigroup were worth $12,812,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of C. Horizon Bancorp Inc. IN acquired a new position in Citigroup during the 4th quarter worth $40,000. Engrave Wealth Partners LLC acquired a new stake in shares of Citigroup in the fourth quarter valued at approximately $39,000. Virtus ETF Advisers LLC bought a new position in Citigroup in the fourth quarter valued at approximately $42,000. Americana Partners LLC bought a new position in Citigroup in the fourth quarter valued at approximately $42,000. Finally, Solstein Capital LLC bought a new stake in shares of Citigroup during the fourth quarter worth $47,000. Hedge funds and other institutional investors own 77.12% of the company’s stock.

A number of brokerages have recently commented on C. Odeon Capital Group upgraded shares of Citigroup from a “hold” rating to a “buy” rating and set a $56.30 price target on the stock in a report on Tuesday, June 2nd. Societe Generale upgraded shares of Citigroup from a “sell” rating to a “hold” rating in a research note on Tuesday, April 14th. UBS Group upped their price target on shares of Citigroup from $50.00 to $64.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Wells Fargo & Co upped their price target on shares of Citigroup from $60.00 to $72.00 in a research note on Friday, June 5th. Finally, Standpoint Research cut shares of Citigroup from a “buy” rating to a “hold” rating in a research note on Tuesday, June 9th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and eighteen have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of $76.59.

Shares of C stock traded down $2.56 on Friday, hitting $50.12. 726,775 shares of the company’s stock traded hands, compared to its average volume of 33,946,640. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.99 and a current ratio of 0.99. Citigroup Inc has a one year low of $32.00 and a one year high of $83.11. The company’s fifty day simple moving average is $49.35 and its 200 day simple moving average is $60.53. The stock has a market capitalization of $109.67 billion, a price-to-earnings ratio of 7.01, a P/E/G ratio of 1.59 and a beta of 1.80.

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

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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