Evermay Wealth Management LLC Invests $373,000 in Citigroup Inc (C) Stock
Evermay Wealth Management LLC bought a new stake in Citigroup Inc (NYSE:C) in the 4th quarter, HoldingsChannel reports. The firm bought 5,010 shares of the financial services provider’s stock, valued at approximately $373,000.
A number of other large investors also recently modified their holdings of C. Sawyer & Company Inc acquired a new position in shares of Citigroup in the 4th quarter valued at $117,000. Baldwin Brothers Inc. MA lifted its stake in shares of Citigroup by 88.4% in the 4th quarter. Baldwin Brothers Inc. MA now owns 1,598 shares of the financial services provider’s stock valued at $119,000 after purchasing an additional 750 shares during the last quarter. Balentine LLC lifted its stake in shares of Citigroup by 20.2% in the 2nd quarter. Balentine LLC now owns 1,617 shares of the financial services provider’s stock valued at $108,000 after purchasing an additional 272 shares during the last quarter. Acrospire Investment Management LLC lifted its stake in shares of Citigroup by 21.4% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,700 shares of the financial services provider’s stock valued at $114,000 after purchasing an additional 300 shares during the last quarter. Finally, Risk Paradigm Group LLC lifted its stake in shares of Citigroup by 692.0% in the 2nd quarter. Risk Paradigm Group LLC now owns 2,281 shares of the financial services provider’s stock valued at $153,000 after purchasing an additional 1,993 shares during the last quarter. Institutional investors own 79.06% of the company’s stock.
Shares of Citigroup Inc (NYSE:C) opened at $73.68 on Monday. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.01 and a quick ratio of 1.01. The stock has a market capitalization of $189,362.45, a PE ratio of 13.82, a price-to-earnings-growth ratio of 1.07 and a beta of 1.51. Citigroup Inc has a 12-month low of $56.55 and a 12-month high of $80.70.
The business also recently declared a quarterly dividend, which was paid on Friday, February 23rd. Shareholders of record on Monday, February 5th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date was Friday, February 2nd. Citigroup’s dividend payout ratio is currently -41.29%.
Several brokerages have recently commented on C. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $85.00 price target on shares of Citigroup in a research note on Wednesday, January 17th. DZ Bank raised Citigroup from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Macquarie upped their price target on Citigroup from $82.00 to $84.00 and gave the company a “neutral” rating in a research note on Monday, February 12th. JPMorgan Chase & Co. set a $80.00 price target on Citigroup and gave the company a “buy” rating in a research note on Wednesday, January 17th. Finally, Vetr lowered Citigroup from a “sell” rating to a “strong sell” rating and set a $70.80 price target on the stock. in a research note on Monday, January 29th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and fifteen have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $79.65.
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.
Want to see what other hedge funds are holding C? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Citigroup Inc (NYSE:C).
Receive News & Ratings for Citigroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Citigroup and related companies with MarketBeat.com's FREE daily email newsletter.