Mn Services Vermogensbeheer B.V. increased its holdings in Citigroup Inc (NYSE:C) by 0.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 454,006 shares of the financial services provider’s stock after acquiring an additional 1,425 shares during the period. Citigroup makes up about 0.9% of Mn Services Vermogensbeheer B.V.’s holdings, making the stock its 19th largest holding. Mn Services Vermogensbeheer B.V.’s holdings in Citigroup were worth $33,024,000 as of its most recent SEC filing.
Other institutional investors have also modified their holdings of the company. Capital Analysts LLC lifted its stake in Citigroup by 5.4% during the second quarter. Capital Analysts LLC now owns 45,844 shares of the financial services provider’s stock worth $3,066,000 after purchasing an additional 2,367 shares in the last quarter. Principal Financial Group Inc. lifted its stake in Citigroup by 5.2% during the second quarter. Principal Financial Group Inc. now owns 4,152,299 shares of the financial services provider’s stock worth $277,705,000 after purchasing an additional 205,298 shares in the last quarter. BlackRock Inc. lifted its stake in Citigroup by 2,718.7% during the first quarter. BlackRock Inc. now owns 196,415,461 shares of the financial services provider’s stock worth $11,749,573,000 after purchasing an additional 189,447,104 shares in the last quarter. Amalgamated Bank lifted its stake in Citigroup by 1.0% during the first quarter. Amalgamated Bank now owns 195,156 shares of the financial services provider’s stock worth $11,674,000 after purchasing an additional 1,937 shares in the last quarter. Finally, Bank of Hawaii lifted its stake in Citigroup by 52.2% during the second quarter. Bank of Hawaii now owns 6,536 shares of the financial services provider’s stock worth $437,000 after purchasing an additional 2,242 shares in the last quarter. Institutional investors own 78.54% of the company’s stock.
Citigroup Inc (C) traded up $1.28 during trading on Friday, reaching $76.84. The company’s stock had a trading volume of 16,649,000 shares, compared to its average volume of 16,690,000. Citigroup Inc has a one year low of $55.23 and a one year 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 firm has a market capitalization of $203,170.00, a PE ratio of 14.81, a PEG ratio of 1.21 and a beta of 1.56.
Citigroup (NYSE:C) last posted its quarterly earnings results on Thursday, October 12th. The financial services provider reported $1.42 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.32 by $0.10. Citigroup had a return on equity of 7.48% and a net margin of 18.11%. The company had revenue of $18.17 billion for the quarter, compared to analysts’ expectations of $17.87 billion. During the same period last year, the firm earned $1.24 earnings per share. Citigroup’s quarterly revenue was up 2.3% on a year-over-year basis. analysts anticipate that Citigroup Inc will post 5.25 earnings per share for the current year.
A number of research firms have commented on C. Vetr upgraded Citigroup from a “hold” rating to a “buy” rating and set a $80.92 price target on the stock in a research note on Monday, December 4th. Credit Suisse Group reiterated a “buy” rating and issued a $83.00 price objective on shares of Citigroup in a research note on Tuesday, December 12th. Nomura increased their price objective on Citigroup to $84.00 and gave the company a “buy” rating in a research note on Monday, December 11th. Stifel Nicolaus reiterated a “hold” rating on shares of Citigroup in a research note on Monday, October 9th. Finally, BMO Capital Markets reiterated a “hold” rating and issued a $65.00 price objective on shares of Citigroup in a research note on Friday, October 6th. One analyst has rated the stock with a sell rating, nine have given a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the stock. Citigroup currently has an average rating of “Buy” and an average price target of $78.02.
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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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