Whittier Trust Co. of Nevada Inc. lifted its position in shares of Citigroup Inc (NYSE:C) by 2.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 88,311 shares of the financial services provider’s stock after purchasing an additional 2,110 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Citigroup were worth $6,100,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Garrison Point Advisors LLC boosted its holdings in Citigroup by 2.6% in the 2nd quarter. Garrison Point Advisors LLC now owns 5,560 shares of the financial services provider’s stock valued at $389,000 after purchasing an additional 140 shares in the last quarter. Essex Financial Services Inc. boosted its holdings in Citigroup by 0.7% in the 2nd quarter. Essex Financial Services Inc. now owns 22,728 shares of the financial services provider’s stock valued at $1,592,000 after purchasing an additional 153 shares in the last quarter. Asset Dedication LLC boosted its holdings in Citigroup by 2.0% in the 2nd quarter. Asset Dedication LLC now owns 7,782 shares of the financial services provider’s stock valued at $542,000 after purchasing an additional 156 shares in the last quarter. First Financial Corp IN boosted its holdings in Citigroup by 12.1% in the 3rd quarter. First Financial Corp IN now owns 1,491 shares of the financial services provider’s stock valued at $103,000 after purchasing an additional 161 shares in the last quarter. Finally, Cpwm LLC boosted its holdings in Citigroup by 1.0% in the 2nd quarter. Cpwm LLC now owns 16,607 shares of the financial services provider’s stock valued at $1,163,000 after purchasing an additional 163 shares in the last quarter. Institutional investors and hedge funds own 76.69% of the company’s stock.

Shares of C stock traded up $0.14 during midday trading on Friday, reaching $69.74. 9,116,296 shares of the company traded hands, compared to its average volume of 13,088,854. The firm’s 50 day simple moving average is $68.24 and its two-hundred day simple moving average is $67.62. Citigroup Inc has a 1-year low of $48.42 and a 1-year high of $73.08. The company has a debt-to-equity ratio of 1.36, a current ratio of 1.00 and a quick ratio of 1.01. The firm has a market cap of $157.23 billion, a PE ratio of 10.49, a price-to-earnings-growth ratio of 0.79 and a beta of 1.80.

Citigroup (NYSE:C) last posted its quarterly earnings results on Tuesday, October 15th. The financial services provider reported $2.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.95 by $0.12. Citigroup had a net margin of 18.28% and a return on equity of 10.16%. The company had revenue of $18.57 billion during the quarter, compared to the consensus estimate of $18.54 billion. During the same period last year, the firm earned $1.73 EPS. The company’s revenue for the quarter was up 1.0% on a year-over-year basis. As a group, research analysts anticipate that Citigroup Inc will post 7.55 earnings per share for the current fiscal year.

In other news, insider Michael Whitaker sold 7,500 shares of Citigroup stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $62.03, for a total transaction of $465,225.00. Following the completion of the sale, the insider now directly owns 93,848 shares in the company, valued at approximately $5,821,391.44. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.09% of the stock is currently owned by company insiders.

A number of equities research analysts have weighed in on C shares. UBS Group lifted their price objective on Citigroup from $87.00 to $93.00 and gave the company a “buy” rating in a report on Thursday, October 3rd. BMO Capital Markets lowered Citigroup to a “hold” rating in a report on Friday, July 26th. Bank of America lowered Citigroup to a “hold” rating in a report on Friday, July 26th. Barclays lifted their price objective on Citigroup from $83.00 to $86.00 and gave the company an “overweight” rating in a report on Tuesday, July 16th. Finally, Wells Fargo & Co set a $85.00 price objective on Citigroup and gave the company a “buy” rating in a report on Friday, August 16th. Six equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Citigroup currently has an average rating of “Buy” and a consensus price target of $79.75.

Citigroup Profile

Citigroup Inc, a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).

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Institutional Ownership by Quarter for Citigroup (NYSE:C)

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