Traders sold shares of Citigroup Inc. (NYSE:C) on strength during trading hours on Tuesday. $122.73 million flowed into the stock on the tick-up and $179.43 million flowed out of the stock on the tick-down, for a money net flow of $56.70 million out of the stock. Of all equities tracked, Citigroup had the 0th highest net out-flow for the day. Citigroup traded up $1.15 for the day and closed at $43.44

A number of analysts recently commented on C shares. Wells Fargo & Co. reiterated an “outperform” rating on shares of Citigroup in a research report on Sunday, March 20th. JPMorgan Chase & Co. lowered their price objective on Citigroup from $56.00 to $54.00 and set an “overweight” rating for the company in a research report on Thursday, April 7th. Keefe, Bruyette & Woods reiterated an “outperform” rating and issued a $51.00 price objective on shares of Citigroup in a research report on Tuesday, March 22nd. Nomura Holdings Inc. lowered their price objective on Citigroup from $64.00 to $62.00 in a research report on Monday, March 21st. Finally, Oppenheimer Holdings Inc. reiterated an “outperform” rating and issued a $63.00 price objective (down from $70.00) on shares of Citigroup in a research report on Wednesday, July 6th. Two analysts have rated the stock with a sell rating, nine have given a hold rating and sixteen have issued a buy rating to the company. Citigroup currently has an average rating of “Buy” and a consensus price target of $56.48.

The firm has a 50-day moving average price of $43.48 and a 200-day moving average price of $43.25. The firm has a market cap of $127.49 billion and a price-to-earnings ratio of 8.68.

Citigroup (NYSE:C) last released its earnings results on Friday, April 15th. The financial services provider reported $1.10 EPS for the quarter, topping the consensus estimate of $1.03 by $0.07. During the same period in the prior year, the company earned $1.52 earnings per share. The business had revenue of $17.60 billion for the quarter. Citigroup’s revenue for the quarter was down 11.1% compared to the same quarter last year. On average, equities research analysts anticipate that Citigroup Inc. will post $4.53 earnings per share for the current fiscal year.

In other Citigroup news, insider W. Bradford Hu sold 9,528 shares of the firm’s stock in a transaction that occurred on Wednesday, April 20th. The stock was sold at an average price of $45.83, for a total value of $436,668.24. Following the completion of the sale, the insider now owns 53,282 shares of the company’s stock, valued at $2,441,914.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Other hedge funds and institutional investors recently bought and sold shares of the company. OppenheimerFunds Inc. raised its position in Citigroup by 1.4% in the fourth quarter. OppenheimerFunds Inc. now owns 26,548,526 shares of the financial services provider’s stock worth $1,373,927,000 after buying an additional 355,305 shares in the last quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp raised its position in Citigroup by 33.9% in the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 522,400 shares of the financial services provider’s stock worth $27,034,000 after buying an additional 132,200 shares in the last quarter. MetLife Securities Inc raised its position in Citigroup by 86.2% in the fourth quarter. MetLife Securities Inc now owns 32,646 shares of the financial services provider’s stock worth $1,689,000 after buying an additional 15,109 shares in the last quarter. Davis Rea LTD. raised its position in Citigroup by 32.0% in the fourth quarter. Davis Rea LTD. now owns 21,670 shares of the financial services provider’s stock worth $1,121,000 after buying an additional 5,255 shares in the last quarter. Finally, Donald Smith & CO. Inc. raised its position in Citigroup by 0.4% in the fourth quarter. Donald Smith & CO. Inc. now owns 1,258,442 shares of the financial services provider’s stock worth $65,124,000 after buying an additional 4,651 shares in the last quarter.

Citigroup Inc (Citi) is a financial services holding company, whose businesses provide consumers, corporations, governments and institutions with 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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