Traders purchased shares of Citigroup Inc. (NYSE:C) on weakness during trading on Tuesday. $289.32 million flowed into the stock on the tick-up and $192.38 million flowed out of the stock on the tick-down, for a money net flow of $96.94 million into the stock. Of all companies tracked, Citigroup had the 12th highest net in-flow for the day. Citigroup traded down ($0.56) for the day and closed at $76.54

Several brokerages have commented on C. Vetr upgraded 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. Raymond James Financial began coverage on shares of Citigroup in a research report on Tuesday, October 31st. They set a “hold” rating for the company. BidaskClub downgraded shares of Citigroup from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, October 17th. Societe Generale downgraded shares of Citigroup from a “hold” rating to a “sell” rating and set a $65.00 price target for the company. in a research report on Monday, October 16th. Finally, Nomura raised their price target on shares of Citigroup from $80.00 to $81.00 and gave the company a “buy” rating in a research report on Friday, October 13th. One research analyst has rated the stock with a sell rating, ten have given a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $75.83.

The stock has a market cap of $199,648.59, a P/E ratio of 14.55, a P/E/G ratio of 1.48 and a beta of 1.55. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.01 and a quick ratio of 1.01.

Citigroup (NYSE:C) last announced its quarterly earnings results on Thursday, October 12th. The financial services provider reported $1.42 EPS for the quarter, topping the consensus estimate of $1.32 by $0.10. Citigroup had a net margin of 18.11% and a return on equity of 7.48%. The business had revenue of $18.17 billion for the quarter, compared to analysts’ expectations of $17.87 billion. During the same quarter in the previous year, the company earned $1.24 EPS. The business’s quarterly revenue was up 2.3% compared to the same quarter last year. research analysts forecast that Citigroup Inc. will post 5.31 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 22nd. Stockholders of record on Monday, November 6th were issued a $0.32 dividend. The ex-dividend date was Friday, November 3rd. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.67%. Citigroup’s dividend payout ratio (DPR) is presently 24.66%.

Institutional investors have recently bought and sold shares of the company. BlackRock Inc. grew its holdings in Citigroup by 2,718.7% during the 1st quarter. BlackRock Inc. now owns 196,415,461 shares of the financial services provider’s stock valued at $11,749,573,000 after purchasing an additional 189,447,104 shares during the last quarter. Vanguard Group Inc. grew its holdings in Citigroup by 2.5% during the 1st quarter. Vanguard Group Inc. now owns 183,198,941 shares of the financial services provider’s stock valued at $10,958,960,000 after purchasing an additional 4,391,347 shares during the last quarter. FMR LLC grew its holdings in Citigroup by 3.8% during the 2nd quarter. FMR LLC now owns 109,804,452 shares of the financial services provider’s stock valued at $7,343,721,000 after purchasing an additional 4,061,637 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in Citigroup by 6.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 46,110,561 shares of the financial services provider’s stock valued at $3,083,874,000 after purchasing an additional 2,943,282 shares during the last quarter. Finally, Harris Associates L P grew its holdings in Citigroup by 0.5% during the 2nd quarter. Harris Associates L P now owns 41,350,951 shares of the financial services provider’s stock valued at $2,765,551,000 after purchasing an additional 221,171 shares during the last quarter. Hedge funds and other institutional investors own 78.59% of the company’s stock.

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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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