Achmea Investment Management B.V. Has $11.10 Million Position in Citigroup Inc. (C)

Achmea Investment Management B.V. lessened its holdings in Citigroup Inc. (NYSE:C) by 12.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 166,056 shares of the financial services provider’s stock after selling 22,945 shares during the quarter. Citigroup accounts for 0.7% of Achmea Investment Management B.V.’s investment portfolio, making the stock its 29th biggest position. Achmea Investment Management B.V.’s holdings in Citigroup were worth $11,103,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of C. Investors Asset Management of Georgia Inc. GA ADV increased its position in shares of Citigroup by 0.8% in the second quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 5,359 shares of the financial services provider’s stock valued at $358,000 after acquiring an additional 40 shares during the period. Leisure Capital Management increased its position in shares of Citigroup by 1.6% in the second quarter. Leisure Capital Management now owns 3,763 shares of the financial services provider’s stock valued at $252,000 after acquiring an additional 59 shares during the period. Regal Investment Advisors LLC increased its position in shares of Citigroup by 2.0% in the first quarter. Regal Investment Advisors LLC now owns 3,800 shares of the financial services provider’s stock valued at $227,000 after acquiring an additional 74 shares during the period. Halbert Hargrove Russell LLC increased its position in shares of Citigroup by 1.6% in the second quarter. Halbert Hargrove Russell LLC now owns 4,736 shares of the financial services provider’s stock valued at $317,000 after acquiring an additional 74 shares during the period. Finally, Usca Ria LLC increased its position in shares of Citigroup by 0.3% in the second quarter. Usca Ria LLC now owns 34,375 shares of the financial services provider’s stock valued at $2,299,000 after acquiring an additional 90 shares during the period. Institutional investors own 78.59% of the company’s stock.

Citigroup Inc. (NYSE:C) opened at $77.10 on Tuesday. Citigroup Inc. has a 52-week low of $55.23 and a 52-week high of $77.92. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.01 and a current ratio of 1.01. The stock has a market cap of $199,648.59, a PE ratio of 14.55, a P/E/G ratio of 1.48 and a beta of 1.55.

Citigroup (NYSE:C) last posted its quarterly earnings data on Thursday, October 12th. The financial services provider reported $1.42 EPS for the quarter, topping the consensus estimate of $1.32 by $0.10. Citigroup had a net margin of 18.11% and a return on equity of 7.48%. The business had revenue of $18.17 billion for the quarter, compared to analyst estimates of $17.87 billion. During the same quarter in the previous year, the firm posted $1.24 earnings per share. Citigroup’s quarterly revenue was up 2.3% on a year-over-year basis. research analysts forecast that Citigroup Inc. will post 5.31 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 22nd. Investors of record on Monday, November 6th were paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.66%. The ex-dividend date of this dividend was Friday, November 3rd. Citigroup’s payout ratio is currently 24.66%.

A number of equities analysts have issued reports on C shares. Wells Fargo & Company started coverage on shares of Citigroup in a research report on Wednesday, August 9th. They issued an “outperform” rating and a $90.00 price objective on the stock. set a $74.00 price objective on shares of Citigroup and gave the company a “hold” rating in a research report on Friday, August 11th. Keefe, Bruyette & Woods set a $75.00 price objective on shares of Citigroup and gave the company a “buy” rating in a research report on Sunday, August 13th. ValuEngine upgraded shares of Citigroup from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Finally, Societe Generale upgraded shares of Citigroup from a “sell” rating to a “hold” rating and boosted their price objective for the company from $63.00 to $70.00 in a research report on Monday, September 11th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $75.83.

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Citigroup Company Profile

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.

Institutional Ownership by Quarter for Citigroup (NYSE:C)

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