Investors sold shares of Citigroup Inc (NYSE:C) on strength during trading hours on Tuesday. $150.04 million flowed into the stock on the tick-up and $239.59 million flowed out of the stock on the tick-down, for a money net flow of $89.55 million out of the stock. Of all stocks tracked, Citigroup had the 6th highest net out-flow for the day. Citigroup traded up $0.03 for the day and closed at $66.78

A number of equities research analysts recently weighed in on the stock. Daiwa Capital Markets cut shares of Citigroup from a “strong-buy” rating to a “buy” rating and set a $78.00 price target for the company. in a research report on Thursday, May 17th. ValuEngine cut shares of Citigroup from a “buy” rating to a “hold” rating in a report on Wednesday, May 2nd. Morgan Stanley reduced their target price on shares of Citigroup from $93.00 to $88.00 and set an “overweight” rating for the company in a report on Monday, April 30th. Vining Sparks reaffirmed a “buy” rating and issued a $82.00 target price on shares of Citigroup in a report on Monday, April 16th. Finally, BMO Capital Markets reaffirmed a “hold” rating and issued a $76.00 target price on shares of Citigroup in a report on Friday, April 13th. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and fifteen have issued a buy rating to the company. Citigroup currently has an average rating of “Hold” and a consensus target price of $81.37.

The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.30. The company has a market capitalization of $170.50 billion, a PE ratio of 12.53, a PEG ratio of 0.96 and a beta of 1.51.

Citigroup (NYSE:C) last issued its quarterly earnings results on Friday, April 13th. The financial services provider reported $1.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.61 by $0.07. Citigroup had a negative net margin of 6.28% and a positive return on equity of 8.13%. The business had revenue of $18.87 billion for the quarter, compared to analyst estimates of $18.89 billion. During the same period in the previous year, the business posted $1.35 earnings per share. The business’s revenue was up 2.8% compared to the same quarter last year. research analysts expect that Citigroup Inc will post 6.49 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, May 25th. Stockholders of record on Monday, May 7th were paid a dividend of $0.32 per share. The ex-dividend date was Friday, May 4th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.92%. Citigroup’s dividend payout ratio (DPR) is 24.02%.

In other news, CFO John C. Gerspach sold 12,966 shares of the business’s stock in a transaction dated Wednesday, May 16th. The shares were sold at an average price of $72.31, for a total transaction of $937,571.46. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.11% of the company’s stock.

Several institutional investors have recently modified their holdings of the company. Massachusetts Financial Services Co. MA grew its position in Citigroup by 0.9% during the first quarter. Massachusetts Financial Services Co. MA now owns 33,678,989 shares of the financial services provider’s stock worth $2,273,331,000 after buying an additional 287,814 shares during the period. Geode Capital Management LLC grew its position in Citigroup by 0.9% during the fourth quarter. Geode Capital Management LLC now owns 28,541,767 shares of the financial services provider’s stock worth $2,119,402,000 after buying an additional 256,760 shares during the period. ValueAct Holdings L.P. grew its position in Citigroup by 1,372.7% during the first quarter. ValueAct Holdings L.P. now owns 16,200,000 shares of the financial services provider’s stock worth $1,093,500,000 after buying an additional 15,100,000 shares during the period. The Manufacturers Life Insurance Company grew its position in Citigroup by 0.6% during the fourth quarter. The Manufacturers Life Insurance Company now owns 14,906,518 shares of the financial services provider’s stock worth $1,109,194,000 after buying an additional 91,093 shares during the period. Finally, LSV Asset Management grew its position in Citigroup by 2.5% during the first quarter. LSV Asset Management now owns 13,282,054 shares of the financial services provider’s stock worth $896,538,000 after buying an additional 320,050 shares during the period. Institutional investors and hedge funds own 76.54% of the company’s stock.

Citigroup Company Profile

Citigroup Inc, a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services.

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