Citigroup Inc. (NYSE:C) Shares Acquired by Secured Retirement Advisors LLC

Secured Retirement Advisors LLC increased its stake in Citigroup Inc. (NYSE:C - Free Report) by 308.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,358 shares of the company's stock after acquiring an additional 11,599 shares during the period. Secured Retirement Advisors LLC's holdings in Citigroup were worth $1,090,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of C. True Wealth Design LLC raised its holdings in shares of Citigroup by 11.1% in the 4th quarter. True Wealth Design LLC now owns 1,195 shares of the company's stock valued at $84,000 after purchasing an additional 119 shares in the last quarter. Continuum Advisory LLC increased its holdings in Citigroup by 1.9% in the fourth quarter. Continuum Advisory LLC now owns 6,519 shares of the company's stock valued at $459,000 after buying an additional 120 shares during the last quarter. Insight Inv LLC raised its stake in Citigroup by 0.5% in the first quarter. Insight Inv LLC now owns 27,268 shares of the company's stock valued at $1,936,000 after buying an additional 146 shares in the last quarter. Trust Co. of Vermont lifted its holdings in Citigroup by 14.3% during the 1st quarter. Trust Co. of Vermont now owns 1,196 shares of the company's stock worth $85,000 after buying an additional 150 shares during the last quarter. Finally, Cadence Bank boosted its position in shares of Citigroup by 3.8% during the 4th quarter. Cadence Bank now owns 4,162 shares of the company's stock worth $293,000 after acquiring an additional 151 shares in the last quarter. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

Citigroup Trading Down 0.4%

NYSE C opened at $86.73 on Friday. The firm's fifty day moving average is $78.40 and its two-hundred day moving average is $74.78. Citigroup Inc. has a one year low of $53.51 and a one year high of $88.83. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.98 and a current ratio of 0.98. The firm has a market cap of $161.99 billion, a PE ratio of 13.70, a P/E/G ratio of 0.67 and a beta of 1.34.

Citigroup (NYSE:C - Get Free Report) last released its quarterly earnings results on Tuesday, April 15th. The company reported $1.96 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.84 by $0.12. The firm had revenue of $21.60 billion for the quarter, compared to analyst estimates of $21.34 billion. Citigroup had a return on equity of 6.94% and a net margin of 7.95%. Analysts expect that Citigroup Inc. will post 7.53 earnings per share for the current year.

Analysts Set New Price Targets

C has been the topic of several research analyst reports. JPMorgan Chase & Co. cut their target price on Citigroup from $85.50 to $75.50 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. Morgan Stanley raised their price objective on shares of Citigroup from $94.00 to $103.00 and gave the stock an "overweight" rating in a report on Thursday, July 3rd. Oppenheimer restated an "outperform" rating on shares of Citigroup in a research report on Monday, July 7th. Evercore ISI set a $77.00 target price on shares of Citigroup in a research report on Monday, July 7th. Finally, The Goldman Sachs Group lifted their price target on shares of Citigroup from $85.00 to $96.00 and gave the stock a "buy" rating in a research note on Wednesday, July 2nd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $87.89.

Insider Buying and Selling at Citigroup

In other Citigroup news, Director John Cunningham Dugan sold 4,417 shares of the business's stock in a transaction on Wednesday, April 30th. The shares were sold at an average price of $68.26, for a total value of $301,504.42. Following the transaction, the director directly owned 13,048 shares of the company's stock, valued at approximately $890,656.48. The trade was a 25.29% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.08% of the company's stock.

About Citigroup

Citigroup Inc, a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.

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