Citigroup Inc (C) Shares Bought by Fiduciary Trust Co.

Fiduciary Trust Co. raised its stake in shares of Citigroup Inc (NYSE:C) by 4.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 219,492 shares of the financial services provider’s stock after purchasing an additional 9,215 shares during the quarter. Fiduciary Trust Co.’s holdings in Citigroup were worth $15,966,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Oregon Public Employees Retirement Fund grew its position in shares of Citigroup by 2.8% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 686,771 shares of the financial services provider’s stock worth $49,956,000 after buying an additional 18,940 shares during the period. Investors Asset Management of Georgia Inc. GA ADV grew its position in shares of Citigroup by 22.4% in the 3rd quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 6,559 shares of the financial services provider’s stock worth $477,000 after buying an additional 1,200 shares during the period. Vantage Financial Partners Ltd. Inc. grew its position in shares of Citigroup by 7.7% in the 3rd quarter. Vantage Financial Partners Ltd. Inc. now owns 16,700 shares of the financial services provider’s stock worth $1,082,000 after buying an additional 1,200 shares during the period. Golub Group LLC grew its position in shares of Citigroup by 13.2% in the 3rd quarter. Golub Group LLC now owns 710,874 shares of the financial services provider’s stock worth $51,709,000 after buying an additional 83,123 shares during the period. Finally, Boston Partners grew its position in shares of Citigroup by 3.4% in the 3rd quarter. Boston Partners now owns 24,591,045 shares of the financial services provider’s stock worth $1,788,752,000 after buying an additional 817,162 shares during the period. 78.54% of the stock is currently owned by institutional investors and hedge funds.

Citigroup Inc (C) opened at $75.49 on Tuesday. 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 stock has a market cap of $199,595.70, a PE ratio of 14.55, a price-to-earnings-growth ratio of 1.48 and a beta of 1.55. Citigroup Inc has a one year low of $55.23 and a one year high of $77.92.

Citigroup (NYSE:C) last posted its earnings results on Thursday, October 12th. The financial services provider reported $1.42 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.32 by $0.10. The business had revenue of $18.17 billion for the quarter, compared to analysts’ expectations of $17.87 billion. Citigroup had a net margin of 18.11% and a return on equity of 7.48%. The business’s revenue for the quarter was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.24 EPS. equities research analysts forecast that Citigroup Inc will post 5.3 earnings per share for the current fiscal year.

A number of research firms have recently weighed in on C. Vetr raised shares of Citigroup from a “hold” rating to a “buy” rating and set a $80.92 target price on the stock in a research report on Monday, December 4th. Credit Suisse Group reissued a “buy” rating and set a $83.00 price objective on shares of Citigroup in a research report on Tuesday, December 12th. Nomura increased their price objective on shares of Citigroup to $84.00 and gave the company a “buy” rating in a research report on Monday, December 11th. Stifel Nicolaus reissued a “hold” rating on shares of Citigroup in a research report on Monday, October 9th. Finally, BMO Capital Markets reissued a “hold” rating and set a $65.00 price objective on shares of Citigroup in a research report on Friday, October 6th. One analyst has rated the stock with a sell rating, ten have given a hold rating, fifteen have assigned a buy rating and one has assigned a strong buy rating to the stock. Citigroup currently has a consensus rating of “Buy” and an average target price of $76.78.

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Citigroup Profile

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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Institutional Ownership by Quarter for Citigroup (NYSE:C)

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