Amica Retiree Medical Trust lessened its stake in Citigroup Inc (NYSE:C) by 14.2% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 21,835 shares of the financial services provider’s stock after selling 3,606 shares during the quarter. Citigroup comprises 1.3% of Amica Retiree Medical Trust’s holdings, making the stock its 10th largest position. Amica Retiree Medical Trust’s holdings in Citigroup were worth $1,588,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of C. Capital Analysts LLC grew its holdings in Citigroup by 5.4% during the 2nd quarter. Capital Analysts LLC now owns 45,844 shares of the financial services provider’s stock worth $3,066,000 after acquiring an additional 2,367 shares in the last quarter. Principal Financial Group Inc. grew its holdings in Citigroup by 5.2% during the 2nd quarter. Principal Financial Group Inc. now owns 4,152,299 shares of the financial services provider’s stock worth $277,705,000 after acquiring an additional 205,298 shares in the last quarter. Bank of Hawaii grew its holdings in Citigroup by 52.2% during the 2nd quarter. Bank of Hawaii now owns 6,536 shares of the financial services provider’s stock worth $437,000 after acquiring an additional 2,242 shares in the last quarter. Norinchukin Bank The grew its holdings in Citigroup by 41.0% during the 2nd quarter. Norinchukin Bank The now owns 137,279 shares of the financial services provider’s stock worth $9,181,000 after acquiring an additional 39,898 shares in the last quarter. Finally, Advisors Capital Management LLC grew its holdings in Citigroup by 2.8% during the 3rd quarter. Advisors Capital Management LLC now owns 186,424 shares of the financial services provider’s stock worth $13,560,000 after acquiring an additional 5,125 shares in the last quarter. 78.54% of the stock is currently owned by institutional investors.

Several brokerages have issued reports on C. ValuEngine upgraded shares of Citigroup from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Raymond James Financial began coverage on shares of Citigroup in a report on Tuesday, October 31st. They set a “hold” rating on the stock. Morgan Stanley increased their target price on shares of Citigroup from $73.00 to $79.00 and gave the stock an “overweight” rating in a report on Friday, October 13th. BidaskClub upgraded shares of Citigroup from a “buy” rating to a “strong-buy” rating in a report on Tuesday, October 10th. Finally, Deutsche Bank reiterated a “hold” rating and set a $67.00 target price (up from $61.00) on shares of Citigroup in a report on Tuesday, September 26th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Citigroup presently has an average rating of “Buy” and a consensus target price of $78.02.

Shares of Citigroup Inc (NYSE C) opened at $75.56 on Friday. Citigroup Inc has a 1-year low of $55.23 and a 1-year high of $77.92. The firm has a market cap of $199,780.00, a PE ratio of 14.56, a PEG ratio of 1.30 and a beta of 1.56. 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 released its quarterly earnings results on Thursday, October 12th. The financial services provider reported $1.42 earnings per share for the quarter, beating analysts’ consensus estimates 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 period last year, the business earned $1.24 EPS. The company’s revenue was up 2.3% compared to the same quarter last year. sell-side analysts predict that Citigroup Inc will post 5.25 earnings per share for the current fiscal year.

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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.

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Institutional Ownership by Quarter for Citigroup (NYSE:C)

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