Citigroup Inc. (NYSE:C) Shares Acquired by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC lifted its stake in Citigroup Inc. (NYSE:C) by 15.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 84,700 shares of the company’s stock after acquiring an additional 11,137 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Citigroup were worth $5,302,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Tradewinds LLC. raised its stake in shares of Citigroup by 9.9% in the third quarter. Tradewinds LLC. now owns 4,953 shares of the company’s stock worth $310,000 after purchasing an additional 446 shares during the last quarter. Landscape Capital Management L.L.C. purchased a new position in Citigroup during the 3rd quarter worth approximately $479,000. King Luther Capital Management Corp raised its holdings in shares of Citigroup by 72.6% during the third quarter. King Luther Capital Management Corp now owns 190,664 shares of the company’s stock worth $11,936,000 after purchasing an additional 80,222 shares during the last quarter. Cornerstone Advisors LLC raised its stake in shares of Citigroup by 0.4% during the 3rd quarter. Cornerstone Advisors LLC now owns 96,100 shares of the company’s stock valued at $6,016,000 after buying an additional 400 shares during the last quarter. Finally, Citizens Financial Group Inc. RI lifted its holdings in shares of Citigroup by 23.7% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 14,549 shares of the company’s stock valued at $911,000 after buying an additional 2,790 shares during the period. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on the company. Evercore ISI raised their target price on Citigroup from $63.00 to $64.00 and gave the stock an “in-line” rating in a report on Wednesday, October 16th. Barclays lifted their target price on shares of Citigroup from $63.00 to $70.00 and gave the company an “equal weight” rating in a report on Wednesday, October 16th. Bank of America increased their price target on shares of Citigroup from $77.00 to $78.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. The Goldman Sachs Group decreased their price objective on shares of Citigroup from $75.00 to $71.00 and set a “buy” rating for the company in a research report on Wednesday, September 11th. Finally, Oppenheimer upped their price target on Citigroup from $91.00 to $107.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. One analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, Citigroup currently has a consensus rating of “Moderate Buy” and an average price target of $73.00.

Citigroup Stock Performance

NYSE C opened at $69.16 on Friday. Citigroup Inc. has a fifty-two week low of $44.56 and a fifty-two week high of $70.20. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.96 and a current ratio of 0.96. The stock’s fifty day moving average is $64.07 and its two-hundred day moving average is $62.79. The firm has a market capitalization of $130.79 billion, a P/E ratio of 20.04, a price-to-earnings-growth ratio of 0.77 and a beta of 1.44.

Citigroup (NYSE:C) last announced its quarterly earnings results on Tuesday, October 15th. The company reported $1.51 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.20. Citigroup had a net margin of 4.70% and a return on equity of 6.19%. The business had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.86 billion. During the same quarter last year, the firm earned $1.52 EPS. The business’s revenue was up .9% compared to the same quarter last year. On average, research analysts anticipate that Citigroup Inc. will post 5.85 earnings per share for the current year.

Citigroup Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 15th. Stockholders of record on Tuesday, November 5th were issued a dividend of $0.56 per share. This represents a $2.24 dividend on an annualized basis and a dividend yield of 3.24%. The ex-dividend date of this dividend was Monday, November 4th. Citigroup’s dividend payout ratio is presently 64.93%.

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.