UMB Bank N A MO increased its position in shares of Citigroup Inc. (NYSE:C) by 6.6% during the third quarter, Holdings Channel reports. The firm owned 7,165 shares of the financial services provider’s stock after buying an additional 444 shares during the period. UMB Bank N A MO’s holdings in Citigroup were worth $338,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in Citigroup by 3.5% in the second quarter. Vanguard Group Inc. now owns 175,049,494 shares of the financial services provider’s stock valued at $7,420,348,000 after buying an additional 5,872,249 shares during the last quarter. FMR LLC raised its stake in Citigroup by 3.7% in the second quarter. FMR LLC now owns 92,973,398 shares of the financial services provider’s stock valued at $3,941,143,000 after buying an additional 3,339,340 shares during the last quarter. Franklin Resources Inc. raised its stake in Citigroup by 1.2% in the second quarter. Franklin Resources Inc. now owns 36,139,625 shares of the financial services provider’s stock valued at $1,531,980,000 after buying an additional 436,566 shares during the last quarter. BlackRock Fund Advisors raised its stake in Citigroup by 1.4% in the second quarter. BlackRock Fund Advisors now owns 34,452,658 shares of the financial services provider’s stock valued at $1,460,448,000 after buying an additional 476,584 shares during the last quarter. Finally, BlackRock Advisors LLC raised its stake in Citigroup by 12.0% in the second quarter. BlackRock Advisors LLC now owns 24,360,369 shares of the financial services provider’s stock valued at $1,032,636,000 after buying an additional 2,614,460 shares during the last quarter. 70.75% of the stock is owned by institutional investors.

Institutional Ownership by Quarter for Citigroup (NYSE:C)

Shares of Citigroup Inc. (NYSE:C) traded up 0.68% during midday trading on Friday, reaching $59.63. 21,045,164 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $59.28 and a 200-day moving average price of $50.20. The stock has a market cap of $169.93 billion, a P/E ratio of 12.97 and a beta of 1.75. Citigroup Inc. has a 52-week low of $34.52 and a 52-week high of $61.63.

Citigroup (NYSE:C) last posted its earnings results on Friday, October 14th. The financial services provider reported $1.24 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.16 by $0.08. Citigroup had a net margin of 17.58% and a return on equity of 7.04%. The firm earned $17.80 billion during the quarter, compared to analyst estimates of $17.32 billion. During the same quarter in the prior year, the business posted $1.31 EPS. The business’s revenue was down 4.8% compared to the same quarter last year. Analysts forecast that Citigroup Inc. will post $4.70 earnings per share for the current year.

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A number of research firms have weighed in on C. Vetr lowered shares of Citigroup from a “buy” rating to a “hold” rating and set a $63.37 target price for the company. in a research report on Wednesday, January 4th. Atlantic Securities raised shares of Citigroup from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $60.80 to $70.00 in a research report on Wednesday, December 21st. Standpoint Research lowered shares of Citigroup from a “buy” rating to a “hold” rating in a research report on Tuesday. Zacks Investment Research raised shares of Citigroup from a “hold” rating to a “buy” rating and set a $67.00 target price for the company in a research report on Monday, December 19th. Finally, Barclays PLC boosted their target price on shares of Citigroup from $60.00 to $70.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 3rd. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and eighteen have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus price target of $58.49.

Citigroup Company Profile

Citigroup Inc (Citi) is a financial services holding company. The Company’s 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.

5 Day Chart for NYSE:C

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