UMB Bank N A MO lessened its position in Citigroup Inc (NYSE:C) by 19.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 28,319 shares of the financial services provider’s stock after selling 6,733 shares during the period. UMB Bank N A MO’s holdings in Citigroup were worth $1,193,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. 1832 Asset Management L.P. boosted its stake in Citigroup by 33.5% during the 1st quarter. 1832 Asset Management L.P. now owns 376,775 shares of the financial services provider’s stock valued at $16,663,000 after purchasing an additional 94,532 shares during the last quarter. Verus Capital Partners LLC boosted its stake in Citigroup by 9.1% during the 1st quarter. Verus Capital Partners LLC now owns 3,550 shares of the financial services provider’s stock valued at $150,000 after purchasing an additional 297 shares during the last quarter. FDx Advisors Inc. boosted its stake in Citigroup by 52.8% during the 1st quarter. FDx Advisors Inc. now owns 27,759 shares of the financial services provider’s stock valued at $1,169,000 after purchasing an additional 9,595 shares during the last quarter. Clearbridge Investments LLC boosted its stake in Citigroup by 1.7% during the 1st quarter. Clearbridge Investments LLC now owns 3,141,384 shares of the financial services provider’s stock valued at $132,315,000 after purchasing an additional 53,236 shares during the last quarter. Finally, Cim Investment Mangement Inc. boosted its stake in Citigroup by 3.8% during the 1st quarter. Cim Investment Mangement Inc. now owns 16,217 shares of the financial services provider’s stock valued at $683,000 after purchasing an additional 599 shares during the last quarter. Hedge funds and other institutional investors own 77.12% of the company’s stock.

Several analysts have commented on C shares. Deutsche Bank reiterated a “neutral” rating and set a $61.00 target price (down from $81.00) on shares of Citigroup in a research note on Thursday, April 2nd. Oppenheimer dropped their price target on Citigroup from $93.00 to $87.00 and set an “outperform” rating on the stock in a research note on Thursday, April 16th. ValuEngine upgraded Citigroup from a “strong sell” rating to a “sell” rating in a research note on Friday, March 13th. Credit Suisse Group restated a “buy” rating and issued a $75.00 price target on shares of Citigroup in a research note on Sunday, April 19th. Finally, Standpoint Research downgraded 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 stock. Citigroup presently has a consensus rating of “Buy” and a consensus price target of $76.59.

Shares of C stock traded down $2.42 during trading hours on Friday, hitting $50.26. The stock had a trading volume of 7,373,951 shares, compared to its average volume of 33,946,640. Citigroup Inc has a one year low of $32.00 and a one year high of $83.11. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.99 and a quick ratio of 0.99. The stock’s 50-day moving average price is $49.35 and its two-hundred day moving average price is $60.53. The stock has a market capitalization of $109.67 billion, a price-to-earnings ratio of 7.01, a PEG ratio of 1.59 and a beta of 1.80.

Citigroup (NYSE:C) last issued its earnings results on Wednesday, April 15th. The financial services provider reported $1.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.89 by $0.16. Citigroup had a return on equity of 9.15% and a net margin of 16.56%. The firm had revenue of $20.73 billion for the quarter, compared to analysts’ expectations of $18.98 billion. During the same period in the previous year, the firm posted $1.87 earnings per share. The business’s revenue was up 11.6% compared to the same quarter last year. As a group, equities research analysts predict 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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