Terril Brothers Inc. Has $22.18 Million Stock Position in Citigroup Inc. (NYSE:C)

Terril Brothers Inc. boosted its position in Citigroup Inc. (NYSE:C) by 39.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 431,201 shares of the company’s stock after purchasing an additional 120,917 shares during the period. Citigroup comprises approximately 7.9% of Terril Brothers Inc.’s portfolio, making the stock its 2nd biggest holding. Terril Brothers Inc.’s holdings in Citigroup were worth $22,181,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. GHP Investment Advisors Inc. lifted its position in shares of Citigroup by 73.8% during the third quarter. GHP Investment Advisors Inc. now owns 683 shares of the company’s stock worth $28,000 after acquiring an additional 290 shares in the last quarter. Caprock Group LLC lifted its position in shares of Citigroup by 3.0% during the third quarter. Caprock Group LLC now owns 21,077 shares of the company’s stock worth $867,000 after acquiring an additional 604 shares in the last quarter. Czech National Bank lifted its position in shares of Citigroup by 46.0% during the third quarter. Czech National Bank now owns 336,573 shares of the company’s stock worth $13,843,000 after acquiring an additional 106,117 shares in the last quarter. Connecticut Wealth Management LLC purchased a new stake in shares of Citigroup during the third quarter worth $324,000. Finally, MCF Advisors LLC lifted its position in shares of Citigroup by 6.9% during the third quarter. MCF Advisors LLC now owns 8,244 shares of the company’s stock worth $339,000 after acquiring an additional 529 shares in the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup Trading Up 1.4 %

Shares of NYSE:C traded up $0.87 on Friday, reaching $62.66. 16,364,096 shares of the company traded hands, compared to its average volume of 14,990,358. The business’s 50-day simple moving average is $59.09 and its 200 day simple moving average is $51.99. Citigroup Inc. has a 52 week low of $38.17 and a 52 week high of $63.90. The stock has a market capitalization of $120.01 billion, a P/E ratio of 18.54, a price-to-earnings-growth ratio of 0.94 and a beta of 1.52. The company has a current ratio of 0.95, a quick ratio of 0.95 and a debt-to-equity ratio of 1.50.

Citigroup (NYSE:C) last posted its earnings results on Friday, April 12th. The company reported $1.58 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.29. The company had revenue of $21.10 billion during the quarter, compared to analyst estimates of $20.46 billion. Citigroup had a net margin of 4.90% and a return on equity of 6.17%. Citigroup’s revenue for the quarter was down 1.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.86 earnings per share. As a group, equities analysts anticipate that Citigroup Inc. will post 5.97 EPS for the current fiscal year.

Citigroup Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 24th. Stockholders of record on Monday, May 6th will be issued a dividend of $0.53 per share. The ex-dividend date is Friday, May 3rd. This represents a $2.12 dividend on an annualized basis and a dividend yield of 3.38%. Citigroup’s dividend payout ratio is currently 62.72%.

Analyst Upgrades and Downgrades

C has been the topic of a number of recent analyst reports. Barclays increased their price objective on Citigroup from $59.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 2nd. Oppenheimer lowered their price objective on Citigroup from $88.00 to $87.00 and set an “outperform” rating on the stock in a research report on Monday, April 15th. HSBC increased their price objective on Citigroup from $61.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, March 28th. Wolfe Research upgraded Citigroup from a “peer perform” rating to an “outperform” rating and set a $58.00 price objective on the stock in a research report on Wednesday, January 3rd. Finally, Jefferies Financial Group increased their price objective on Citigroup from $56.00 to $65.00 and gave the stock a “hold” rating in a research report on Monday, April 8th. One analyst has rated the stock with a sell rating, six have given a hold rating and ten have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $62.91.

About Citigroup

Citigroup Inc, a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.