Citigroup Inc (C) Shares Bought by Aperio Group LLC

Aperio Group LLC grew its stake in shares of Citigroup Inc (NYSE:C) by 13.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 1,541,920 shares of the financial services provider’s stock after purchasing an additional 178,804 shares during the period. Citigroup accounts for approximately 0.6% of Aperio Group LLC’s holdings, making the stock its 23rd biggest position. Aperio Group LLC’s holdings in Citigroup were worth $114,734,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bank of Hawaii raised its position in Citigroup by 52.2% in 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 raised its position in Citigroup by 41.0% in 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. Advisors Capital Management LLC raised its position in Citigroup by 2.8% in 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. Principal Financial Group Inc. raised its position in Citigroup by 17.3% in the third quarter. Principal Financial Group Inc. now owns 4,869,619 shares of the financial services provider’s stock worth $354,216,000 after purchasing an additional 717,320 shares in the last quarter. Finally, Gs Investments Inc. acquired a new position in Citigroup in the second quarter worth about $301,000. 79.62% of the stock is owned by institutional investors and hedge funds.

Shares of Citigroup Inc (NYSE C) opened at $76.27 on Friday. Citigroup Inc has a 52 week low of $56.55 and a 52 week high of $80.70. The company has a debt-to-equity ratio of 1.29, a quick ratio of 1.01 and a current ratio of 1.01. The company has a market cap of $201,660.00, a P/E ratio of 13.74, a PEG ratio of 1.11 and a beta of 1.54.

Citigroup (NYSE:C) last released its quarterly earnings results on Tuesday, January 16th. The financial services provider reported $1.28 EPS for the quarter, beating the Thomson Reuters’ 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 for the quarter, compared to analysts’ expectations of $17.23 billion. During the same period in the prior year, the firm earned $1.14 earnings per share. Citigroup’s revenue was up 1.4% compared to the same quarter last year. analysts anticipate that Citigroup Inc will post 6.4 EPS for the current fiscal year.

The business also recently declared 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 1.68%. Citigroup’s dividend payout ratio (DPR) is currently 23.06%.

Several research analysts recently issued reports on C shares. Wells Fargo & Co set a $100.00 price target on shares of Citigroup and gave the stock a “buy” rating in a research report on Wednesday, January 17th. Credit Suisse Group reaffirmed a “buy” rating and set a $86.00 price objective on shares of Citigroup in a report on Thursday, January 4th. Nomura raised their price objective on shares of Citigroup to $84.00 and gave the stock a “buy” rating in a report on Monday, December 11th. Vetr raised shares of Citigroup from a “hold” rating to a “buy” rating and set a $80.92 price objective for the company in a report on Monday, December 4th. Finally, JPMorgan Chase & Co. set a $80.00 price objective on shares of Citigroup and gave the stock a “buy” rating in a report on Wednesday, January 17th. Two research analysts have rated the stock with a sell rating, eleven have issued a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of $79.65.

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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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