Trust Co. of Vermont raised its stake in shares of Citigroup Inc. (NYSE:C) by 15.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,883 shares of the financial services provider’s stock after purchasing an additional 1,971 shares during the period. Trust Co. of Vermont’s holdings in Citigroup were worth $1,083,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently bought and sold shares of C. Investors Asset Management of Georgia Inc. GA ADV raised 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 buying an additional 40 shares during the last quarter. Leisure Capital Management raised 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 buying an additional 59 shares during the last quarter. Regal Investment Advisors LLC raised 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 buying an additional 74 shares during the last quarter. Halbert Hargrove Russell LLC raised 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 buying an additional 74 shares during the last quarter. Finally, Usca Ria LLC raised 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 buying an additional 90 shares during the last quarter. 78.59% of the stock is currently owned by institutional investors and hedge funds.
Citigroup Inc. (C) opened at $76.15 on Wednesday. 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 firm has a market cap of $200,547.55, a PE ratio of 14.61, a price-to-earnings-growth ratio of 1.49 and a beta of 1.55. Citigroup Inc. has a 12 month low of $55.23 and a 12 month high of $77.92.
Citigroup (NYSE:C) last posted its quarterly earnings data on Thursday, October 12th. The financial services provider reported $1.42 EPS for the quarter, beating the Thomson Reuters’ 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 during the quarter, compared to analyst estimates of $17.87 billion. During the same quarter last year, the firm posted $1.24 earnings per share. The business’s revenue for the quarter was up 2.3% compared to the same quarter last year. equities analysts forecast that Citigroup Inc. will post 5.3 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 22nd. Stockholders of record on Monday, November 6th were paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.68%. The ex-dividend date was Friday, November 3rd. Citigroup’s payout ratio is 24.66%.
Several research firms recently issued reports on C. Bank of America restated a “neutral” rating on shares of Citigroup in a research report on Wednesday, October 11th. Wells Fargo & Company restated a “buy” rating on shares of Citigroup in a research report on Monday, October 2nd. Atlantic Securities restated an “overweight” rating and set a $85.00 price objective (up from $75.00) on shares of Citigroup in a research report on Tuesday, September 26th. BMO Capital Markets raised their price objective on shares of Citigroup from $65.00 to $67.00 and gave the stock a “market perform” rating in a research report on Friday, October 13th. Finally, Credit Suisse Group restated a “buy” rating and set a $73.00 price objective on shares of Citigroup in a research report on Wednesday, September 13th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. Citigroup currently has an average rating of “Buy” and a consensus price target of $75.97.
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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.
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