Crystal Rock Capital Management boosted its holdings in shares of Citigroup Inc (NYSE:C) by 10.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 125,900 shares of the financial services provider’s stock after acquiring an additional 12,400 shares during the period. Citigroup comprises approximately 6.1% of Crystal Rock Capital Management’s holdings, making the stock its 4th largest position. Crystal Rock Capital Management’s holdings in Citigroup were worth $9,158,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in C. Catamount Wealth Management purchased a new stake in shares of Citigroup in the second quarter valued at about $100,000. Mitsubishi UFJ Securities Holdings Co. Ltd. raised its holdings in shares of Citigroup by 206.0% in the second quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,530 shares of the financial services provider’s stock valued at $102,000 after purchasing an additional 1,030 shares during the last quarter. Balentine LLC raised its holdings in shares of Citigroup by 20.2% in the second 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 raised its holdings in shares of Citigroup by 21.4% in the second 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, Shine Investment Advisory Services Inc. purchased a new stake in shares of Citigroup in the second quarter valued at about $123,000. Hedge funds and other institutional investors own 78.53% of the company’s stock.

Citigroup Inc (NYSE C) opened at $77.11 on Wednesday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.11. The firm has a market cap of $203,165.09, a PE ratio of 14.86, a price-to-earnings-growth ratio of 1.23 and a beta of 1.56. Citigroup Inc has a 1 year low of $55.23 and a 1 year high of $78.44.

Citigroup (NYSE:C) last issued its earnings results on Tuesday, January 16th. The financial services provider reported $1.28 earnings per share for the quarter, topping analysts’ consensus estimates of $1.19 by $0.09. The firm had revenue of $17.26 billion during the quarter, compared to analyst estimates of $17.23 billion. Citigroup had a net margin of 18.11% and a return on equity of 7.48%. The company’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the business earned $1.14 earnings per share. sell-side analysts expect that Citigroup Inc will post 5.25 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Deutsche Bank set a $74.00 target price on shares of Citigroup and gave the company a “neutral” rating in a report on Wednesday. Jefferies Group reiterated a “hold” rating and issued a $83.00 target price on shares of Citigroup in a report on Tuesday. Keefe, Bruyette & Woods downgraded shares of Citigroup from an “outperform” rating to a “market perform” rating in a report on Tuesday. Credit Suisse Group reiterated a “buy” rating and issued a $86.00 target price on shares of Citigroup in a report on Thursday, January 4th. Finally, Barclays raised their price objective on shares of Citigroup from $76.00 to $93.00 and gave the stock an “overweight” rating in a report on Tuesday, January 2nd. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $78.37.

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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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