Flagship Harbor Advisors LLC lifted its stake in shares of Citigroup Inc (NYSE:C) by 5.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,288 shares of the financial services provider’s stock after acquiring an additional 1,652 shares during the quarter. Flagship Harbor Advisors LLC’s holdings in Citigroup were worth $2,330,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Capital Analysts LLC grew its stake in shares of Citigroup by 5.4% during the second quarter. Capital Analysts LLC now owns 45,844 shares of the financial services provider’s stock worth $3,066,000 after purchasing an additional 2,367 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Citigroup by 5.2% during the second quarter. Principal Financial Group Inc. now owns 4,152,299 shares of the financial services provider’s stock worth $277,705,000 after purchasing an additional 205,298 shares in the last quarter. Bank of Hawaii grew its stake in shares of Citigroup by 52.2% during the second quarter. Bank of Hawaii now owns 6,536 shares of the financial services provider’s stock worth $437,000 after purchasing an additional 2,242 shares in the last quarter. Norinchukin Bank The grew its stake in shares of Citigroup by 41.0% during the second quarter. Norinchukin Bank The now owns 137,279 shares of the financial services provider’s stock worth $9,181,000 after purchasing an additional 39,898 shares in the last quarter. Finally, Advisors Capital Management LLC grew its stake in shares of Citigroup by 2.8% during the third quarter. Advisors Capital Management LLC now owns 186,424 shares of the financial services provider’s stock worth $13,560,000 after purchasing an additional 5,125 shares in the last quarter. 80.94% of the stock is currently owned by institutional investors and hedge funds.

Several equities analysts have issued reports on the stock. ValuEngine upgraded shares of Citigroup from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Deutsche Bank set a $74.00 price objective on shares of Citigroup and gave the company a “neutral” rating in a research note on Wednesday, January 17th. Raymond James Financial assumed coverage on shares of Citigroup in a research note on Tuesday, October 31st. They issued a “hold” rating for the company. Wells Fargo & Co set a $100.00 price objective on shares of Citigroup and gave the company a “buy” rating in a research note on Wednesday, January 17th. Finally, Societe Generale downgraded shares of Citigroup from a “hold” rating to a “sell” rating and set a $65.00 price objective for the company. in a research note on Monday, October 16th. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating, fourteen have given a buy rating and one has issued a strong buy rating to the company’s stock. Citigroup currently has an average rating of “Buy” and a consensus price target of $79.44.

Shares of Citigroup Inc (NYSE C) opened at $73.68 on Friday. Citigroup Inc has a 12 month low of $56.55 and a 12 month high of $80.70. The firm has a market cap of $189,357.59, a PE ratio of -23.77, a PEG ratio of 1.07 and a beta of 1.54. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.29.

Citigroup (NYSE:C) last announced its earnings results on Tuesday, January 16th. The financial services provider reported $1.28 earnings per share for the quarter, topping the consensus estimate of $1.19 by $0.09. Citigroup had a negative net margin of 7.05% and a positive return on equity of 7.60%. The business had revenue of $17.26 billion during the quarter, compared to the consensus estimate of $17.23 billion. During the same quarter in the prior year, the firm earned $1.14 earnings per share. The business’s quarterly revenue was up 1.4% compared to the same quarter last year. research analysts expect that Citigroup Inc will post 6.4 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 23rd. Stockholders of record on Monday, February 5th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, February 2nd. This represents a $1.28 annualized dividend and a dividend yield of 1.74%. Citigroup’s dividend payout ratio (DPR) is -41.29%.

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Citigroup Company 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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