Roundview Capital LLC lowered its stake in Citigroup Inc (NYSE:C) by 5.1% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,929 shares of the financial services provider’s stock after selling 1,506 shares during the period. Roundview Capital LLC’s holdings in Citigroup were worth $1,738,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of the business. LFA Lugano Financial Advisors SA bought a new stake in Citigroup in the first quarter valued at $27,000. Harvest Group Wealth Management LLC acquired a new position in shares of Citigroup during the first quarter valued at about $28,000. Farmers National Bank acquired a new position in shares of Citigroup during the first quarter valued at about $34,000. Larson Financial Group LLC acquired a new position in shares of Citigroup during the fourth quarter valued at about $29,000. Finally, Avestar Capital LLC grew its holdings in shares of Citigroup by 35.0% during the first quarter. Avestar Capital LLC now owns 610 shares of the financial services provider’s stock valued at $33,000 after buying an additional 158 shares during the last quarter. Hedge funds and other institutional investors own 75.99% of the company’s stock.
C has been the subject of a number of analyst reports. Zacks Investment Research upgraded shares of Citigroup from a “hold” rating to a “buy” rating and set a $73.00 price objective for the company in a report on Monday, March 18th. Oppenheimer boosted their price target on shares of Citigroup from $94.00 to $99.00 and gave the stock an “outperform” rating in a report on Tuesday, March 26th. Odeon Capital Group initiated coverage on shares of Citigroup in a report on Wednesday, March 27th. They set a “hold” rating on the stock. HSBC set a $76.00 price target on shares of Citigroup and gave the stock a “buy” rating in a report on Thursday, April 4th. Finally, BMO Capital Markets boosted their target price on shares of Citigroup from $92.00 to $93.00 and gave the company an “outperform” rating in a research note on Monday, April 15th. Four equities research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. Citigroup presently has a consensus rating of “Buy” and a consensus price target of $79.31.
Shares of NYSE C traded up $0.71 during midday trading on Monday, hitting $70.74. The company’s stock had a trading volume of 13,563,579 shares, compared to its average volume of 15,338,504. The company’s fifty day simple moving average is $66.18. Citigroup Inc has a one year low of $48.42 and a one year high of $75.24. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.36. The stock has a market cap of $161.94 billion, a price-to-earnings ratio of 10.64, a price-to-earnings-growth ratio of 0.76 and a beta of 1.74.
Citigroup (NYSE:C) last posted its quarterly earnings results on Monday, April 15th. The financial services provider reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.09. The company had revenue of $18.58 billion for the quarter, compared to analyst estimates of $18.56 billion. Citigroup had a net margin of 18.32% and a return on equity of 10.05%. The company’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.68 earnings per share. As a group, analysts expect that Citigroup Inc will post 7.58 EPS for the current year.
Citigroup Inc, a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).
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