Omnia Family Wealth LLC lifted its stake in shares of Citigroup Inc (NYSE:C) by 187.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,299 shares of the financial services provider’s stock after purchasing an additional 1,500 shares during the period. Omnia Family Wealth LLC’s holdings in Citigroup were worth $171,000 at the end of the most recent quarter.
Several other institutional investors also recently made changes to their positions in C. Balentine LLC grew its holdings in shares of Citigroup by 20.2% during the second quarter. Balentine LLC now owns 1,617 shares of the financial services provider’s stock valued at $108,000 after buying an additional 272 shares in the last quarter. Acrospire Investment Management LLC grew its holdings in shares of Citigroup by 21.4% during the second quarter. Acrospire Investment Management LLC now owns 1,700 shares of the financial services provider’s stock valued at $114,000 after buying an additional 300 shares in the last quarter. Sawyer & Company Inc purchased a new position in shares of Citigroup during the fourth quarter valued at $117,000. Baldwin Brothers Inc. MA grew its holdings in shares of Citigroup by 88.4% during the fourth quarter. Baldwin Brothers Inc. MA now owns 1,598 shares of the financial services provider’s stock valued at $119,000 after buying an additional 750 shares in the last quarter. Finally, Risk Paradigm Group LLC grew its holdings in shares of Citigroup by 692.0% during the second quarter. Risk Paradigm Group LLC now owns 2,281 shares of the financial services provider’s stock valued at $153,000 after buying an additional 1,993 shares in the last quarter. 79.62% of the stock is currently owned by institutional investors.
A number of research analysts have recently weighed in on C shares. ValuEngine upgraded Citigroup from a “buy” rating to a “strong-buy” rating in a report on Friday, February 9th. Keefe, Bruyette & Woods lifted their price target on Citigroup from $80.00 to $87.00 and gave the company an “outperform” rating in a report on Thursday, December 14th. DZ Bank upgraded Citigroup from a “hold” rating to a “buy” rating in a report on Wednesday, February 7th. Nomura set a $87.00 price target on Citigroup and gave the company a “buy” rating in a report on Wednesday, January 17th. Finally, Vetr downgraded Citigroup from a “sell” rating to a “strong sell” rating and set a $70.80 price target on the stock. in a report on Monday, January 29th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $79.65.
Citigroup Inc (NYSE:C) opened at $77.08 on Friday. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.01 and a quick ratio of 1.01. Citigroup Inc has a 52 week low of $56.55 and a 52 week high of $80.70. The company has a market capitalization of $198,095.61, a PE ratio of 14.46, a price-to-earnings-growth ratio of 1.12 and a beta of 1.54.
Citigroup (NYSE:C) last released its quarterly earnings results on Tuesday, January 16th. The financial services provider reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.09. The company had revenue of $17.26 billion during the quarter, compared to the consensus estimate of $17.23 billion. Citigroup had a positive return on equity of 7.60% and a negative net margin of 7.05%. The firm’s revenue was up 1.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.14 EPS. equities research analysts forecast that Citigroup Inc will post 6.4 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Stockholders of record on Monday, February 5th were paid a dividend of $0.32 per share. The ex-dividend date of this dividend was Friday, February 2nd. This represents a $1.28 annualized dividend and a dividend yield of 1.66%. Citigroup’s dividend payout ratio (DPR) is presently -41.29%.
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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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