West Oak Capital LLC acquired a new stake in Citigroup Inc (NYSE:C) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 9,128 shares of the financial services provider’s stock, valued at approximately $611,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Stelac Advisory Services LLC purchased a new position in shares of Citigroup in the 1st quarter valued at $116,000. Bedel Financial Consulting Inc. purchased a new position in shares of Citigroup in the 1st quarter valued at $133,000. Twin Tree Management LP grew its position in shares of Citigroup by 100.4% in the 1st quarter. Twin Tree Management LP now owns 2,013 shares of the financial services provider’s stock valued at $136,000 after buying an additional 535,686 shares during the last quarter. Clearwater Capital Advisors LLC purchased a new position in shares of Citigroup in the 1st quarter valued at $143,000. Finally, Risk Paradigm Group LLC grew its position in shares of Citigroup by 829.2% in the 4th quarter. Risk Paradigm Group LLC now owns 1,942 shares of the financial services provider’s stock valued at $145,000 after buying an additional 1,733 shares during the last quarter. Institutional investors and hedge funds own 76.54% of the company’s stock.

Shares of NYSE:C opened at $66.56 on Friday. The stock has a market capitalization of $169.78 billion, a PE ratio of 12.49, a PEG ratio of 0.95 and a beta of 1.49. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.30. Citigroup Inc has a fifty-two week low of $64.38 and a fifty-two week high of $80.70.

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

In other news, CFO John C. Gerspach sold 12,966 shares of Citigroup stock in a transaction dated Wednesday, May 16th. The shares were sold at an average price of $72.31, for a total value of $937,571.46. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.11% of the stock is owned by insiders.

C has been the topic of several research reports. Morgan Stanley raised their price objective on shares of Citigroup from $92.00 to $93.00 and gave the stock an “overweight” rating in a research report on Thursday, March 15th. Zacks Investment Research downgraded shares of Citigroup from a “buy” rating to a “hold” rating in a research report on Tuesday, March 20th. TheStreet downgraded shares of Citigroup from a “b-” rating to a “c+” rating in a research report on Tuesday, March 27th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $74.00 price objective on shares of Citigroup in a research report on Thursday, April 5th. Finally, UBS Group raised shares of Citigroup from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $78.00 to $80.00 in a research report on Thursday, April 5th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and sixteen have issued a buy rating to the company’s stock. Citigroup currently has a consensus rating of “Hold” and an average price target of $80.78.

About Citigroup

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.

Institutional Ownership by Quarter for Citigroup (NYSE:C)

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