Rothschild Investment Corp IL purchased a new stake in Citigroup Inc. (NYSE:C) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 25,411 shares of the financial services provider’s stock, valued at approximately $1,848,000.

Other hedge funds have also modified their holdings of the company. Catamount Wealth Management acquired a new stake in Citigroup in the 2nd quarter valued at $100,000. Mitsubishi UFJ Securities Holdings Co. Ltd. increased its stake in Citigroup by 206.0% in the 2nd quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,530 shares of the financial services provider’s stock valued at $102,000 after buying an additional 1,030 shares during the last quarter. Patten Group Inc. increased its stake in Citigroup by 6.6% in the 1st quarter. Patten Group Inc. now owns 1,765 shares of the financial services provider’s stock valued at $105,000 after buying an additional 110 shares during the last quarter. Balentine LLC increased its stake in 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 buying an additional 272 shares during the last quarter. Finally, Acrospire Investment Management LLC increased its stake in shares of Citigroup by 21.4% during the 2nd quarter. Acrospire Investment Management LLC now owns 1,700 shares of the financial services provider’s stock worth $114,000 after purchasing an additional 300 shares during the last quarter. Hedge funds and other institutional investors own 78.59% of the company’s stock.

Shares of Citigroup Inc. (NYSE:C) opened at $75.14 on Thursday. The company has a market cap of $201,340.75, a PE ratio of 14.67, a P/E/G ratio of 1.49 and a beta of 1.55. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.01 and a current ratio of 1.01. Citigroup Inc. has a twelve month low of $55.23 and a twelve month high of $77.92.

Citigroup (NYSE:C) last announced its 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. The business had revenue of $18.17 billion during the quarter, compared to the consensus estimate of $17.87 billion. Citigroup had a net margin of 18.11% and a return on equity of 7.48%. Citigroup’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.24 EPS. analysts forecast that Citigroup Inc. will post 5.3 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 22nd. Shareholders of record on Monday, November 6th were issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date was Friday, November 3rd. Citigroup’s dividend payout ratio is currently 24.66%.

C has been the topic of several recent analyst reports. ValuEngine upgraded shares of Citigroup from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Societe Generale upgraded shares of Citigroup from a “sell” rating to a “hold” rating and boosted their price objective for the stock from $63.00 to $70.00 in a research note on Monday, September 11th. Credit Suisse Group restated a “buy” rating and set a $73.00 price objective on shares of Citigroup in a research note on Wednesday, September 13th. BidaskClub upgraded shares of Citigroup from a “hold” rating to a “buy” rating in a research note on Thursday, September 21st. Finally, Atlantic Securities restated an “overweight” rating and set a $85.00 price objective (up from $75.00) on shares of Citigroup in a research note on Tuesday, September 26th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. Citigroup currently has an average rating of “Buy” and an average price target of $75.97.

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About Citigroup

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.

Institutional Ownership by Quarter for Citigroup (NYSE:C)

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