Citigroup Inc (C) Shares Sold by James Investment Research Inc.

James Investment Research Inc. decreased its holdings in Citigroup Inc (NYSE:C) by 4.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 23,281 shares of the financial services provider’s stock after selling 1,100 shares during the quarter. James Investment Research Inc.’s holdings in Citigroup were worth $1,732,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vantage Financial Partners Ltd. Inc. purchased a new position in shares of Citigroup in the second quarter valued at approximately $1,034,000. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its stake 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 period. Sawyer & Company Inc purchased a new position in shares of Citigroup in the fourth quarter valued at approximately $117,000. Balentine LLC boosted its stake 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 period. Finally, Acrospire Investment Management LLC boosted its stake 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 period. 80.94% of the stock is owned by institutional investors and hedge funds.

Citigroup Inc (NYSE:C) opened at $73.68 on Friday. Citigroup Inc has a 12 month low of $56.37 and a 12 month high of $80.70. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.29. The stock has a market cap of $184,705.89, a P/E ratio of -23.77, a P/E/G ratio of 1.04 and a beta of 1.54.

Citigroup (NYSE:C) last released its quarterly earnings data 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. Citigroup had a negative net margin of 7.05% and a positive return on equity of 7.60%. The company had revenue of $17.26 billion for the quarter, compared to analysts’ expectations of $17.23 billion. During the same quarter last year, the company earned $1.14 earnings per share. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. equities research analysts forecast that Citigroup Inc will post 6.4 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 23rd. Shareholders of record on Monday, February 5th will be issued a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, February 2nd. This represents a $1.28 dividend on an annualized basis and a yield of 1.74%. Citigroup’s payout ratio is currently -41.29%.

C has been the subject of several recent research reports. ValuEngine raised shares of Citigroup from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Barclays raised their price objective on shares of Citigroup from $76.00 to $93.00 and gave the company an “overweight” rating in a research note on Tuesday, January 2nd. Vetr lowered shares of Citigroup from a “buy” rating to a “hold” rating and set a $76.38 price objective for the company. in a research note on Wednesday, November 29th. Raymond James Financial initiated coverage on shares of Citigroup in a research note on Tuesday, October 31st. They issued a “hold” rating for the company. Finally, Keefe, Bruyette & Woods raised their price objective on shares of Citigroup from $80.00 to $87.00 and gave the company an “outperform” rating in a research note on Thursday, December 14th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $79.44.

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Citigroup 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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