Graticule Asia Macro Advisors LLC Boosts Holdings in Citigroup Inc (C)

Graticule Asia Macro Advisors LLC raised its stake in Citigroup Inc (NYSE:C) by 86.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 120,000 shares of the financial services provider’s stock after buying an additional 55,500 shares during the period. Graticule Asia Macro Advisors LLC’s holdings in Citigroup were worth $8,729,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of C. FMR LLC grew its position in Citigroup by 3.8% during the 2nd quarter. FMR LLC now owns 109,804,452 shares of the financial services provider’s stock worth $7,343,721,000 after purchasing an additional 4,061,637 shares in the last quarter. Bank of New York Mellon Corp grew its position in Citigroup by 6.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 46,110,561 shares of the financial services provider’s stock worth $3,083,874,000 after purchasing an additional 2,943,282 shares in the last quarter. Harris Associates L P grew its position in Citigroup by 0.5% during the 2nd quarter. Harris Associates L P now owns 41,350,951 shares of the financial services provider’s stock worth $2,765,551,000 after purchasing an additional 221,171 shares in the last quarter. Northern Trust Corp grew its position in Citigroup by 3.1% during the 2nd quarter. Northern Trust Corp now owns 34,097,795 shares of the financial services provider’s stock worth $2,280,461,000 after purchasing an additional 1,011,532 shares in the last quarter. Finally, Boston Partners grew its position in Citigroup by 3.4% during the 3rd quarter. Boston Partners now owns 24,591,045 shares of the financial services provider’s stock worth $1,788,752,000 after purchasing an additional 817,162 shares in the last quarter. 78.61% of the stock is currently owned by institutional investors.

Shares of Citigroup Inc (C) opened at $78.30 on Monday. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.29. Citigroup Inc has a 52 week low of $55.23 and a 52 week high of $78.44. The stock has a market cap of $201,230.98, a price-to-earnings ratio of -25.26, a P/E/G ratio of 1.49 and a beta of 1.56.

Citigroup (NYSE:C) last released its quarterly earnings data on Tuesday, January 16th. The financial services provider reported $1.28 earnings per share (EPS) for the quarter, beating the consensus estimate 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 business had revenue of $17.26 billion during the quarter, compared to analyst estimates of $17.23 billion. During the same quarter in the previous year, the business earned $1.14 EPS. Citigroup’s quarterly revenue was up 1.4% compared to the same quarter last year. research analysts forecast that Citigroup Inc will post 6.33 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 23rd. Investors of record on Monday, February 5th will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Friday, February 2nd. Citigroup’s payout ratio is presently -41.29%.

C has been the topic of several research analyst reports. Raymond James Financial initiated coverage on shares of Citigroup in a research report on Tuesday, October 31st. They set a “hold” rating on the stock. Morgan Stanley lifted their price objective on shares of Citigroup from $73.00 to $79.00 and gave the stock an “overweight” rating in a research report on Friday, October 13th. Jefferies Group set a $81.00 price objective on shares of Citigroup and gave the stock a “neutral” rating in a research report on Thursday, October 12th. Nomura boosted their price target on shares of Citigroup to $84.00 and gave the company a “buy” rating in a report on Monday, December 11th. Finally, BMO Capital Markets boosted their price target on shares of Citigroup from $65.00 to $67.00 and gave the company a “market perform” rating in a report on Friday, October 13th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $79.30.

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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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