Hyman Charles D Lowers Stock Holdings in Citigroup Inc. (NYSE:C)

Hyman Charles D cut its holdings in Citigroup Inc. (NYSE:C) by 4.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 4,553 shares of the company’s stock after selling 193 shares during the period. Hyman Charles D’s holdings in Citigroup were worth $331,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of C. Mcmillion Capital Management Inc. purchased a new stake in Citigroup in the 4th quarter valued at about $27,000. Charter Oak Capital Management LLC purchased a new position in Citigroup during the fourth quarter valued at $28,000. Johnson Midwest Financial LLC purchased a new position in Citigroup during the fourth quarter valued at $29,000. Capstone Triton Financial Group LLC purchased a new position in Citigroup during the fourth quarter valued at $29,000. Finally, First Bank & Trust lifted its holdings in Citigroup by 279.1% during the first quarter. First Bank & Trust now owns 417 shares of the company’s stock valued at $30,000 after purchasing an additional 307 shares in the last quarter. Hedge funds and other institutional investors own 72.99% of the company’s stock.

C stock traded up $0.47 during trading on Tuesday, hitting $72.18. The company had a trading volume of 803,606 shares, compared to its average volume of 19,928,186. The company has a fifty day moving average price of $72.40 and a two-hundred day moving average price of $61.86. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.50. The company has a market cap of $150.62 billion, a P/E ratio of 14.28, a P/E/G ratio of 1.25 and a beta of 1.95. Citigroup Inc. has a fifty-two week low of $38.76 and a fifty-two week high of $76.13.

Citigroup (NYSE:C) last announced its quarterly earnings results on Wednesday, April 14th. The company reported $3.62 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.60 by $1.02. The business had revenue of $19.30 billion for the quarter, compared to analyst estimates of $18.34 billion. Citigroup had a return on equity of 6.63% and a net margin of 13.17%. Citigroup’s quarterly revenue was down 6.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.05 EPS. On average, analysts expect that Citigroup Inc. will post 6.42 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 28th. Shareholders of record on Monday, May 3rd will be paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 2.83%. The ex-dividend date of this dividend is Friday, April 30th. Citigroup’s dividend payout ratio is currently 41.80%.

C has been the topic of several recent analyst reports. Edward Jones downgraded shares of Citigroup from a “buy” rating to a “hold” rating in a report on Monday, March 29th. TheStreet upgraded shares of Citigroup from a “c” rating to a “b” rating in a research report on Friday, January 15th. JPMorgan Chase & Co. raised their price objective on shares of Citigroup from $74.50 to $77.50 and gave the company a “neutral” rating in a research note on Monday. Wells Fargo & Company lifted their price target on shares of Citigroup from $74.00 to $82.00 and gave the stock an “overweight” rating in a research note on Monday, March 8th. Finally, Jefferies Financial Group boosted their price objective on shares of Citigroup from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, April 15th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating, sixteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $75.59.

Citigroup Profile

Citigroup Inc, a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company operates in two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).

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Institutional Ownership by Quarter for Citigroup (NYSE:C)

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