Generali Investments CEE investicni spolecnost a.s. Has $2.84 Million Holdings in Citigroup Inc. (NYSE:C)

Generali Investments CEE investicni spolecnost a.s. decreased its position in Citigroup Inc. (NYSE:C - Free Report) by 11.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,000 shares of the company's stock after selling 5,000 shares during the period. Generali Investments CEE investicni spolecnost a.s.'s holdings in Citigroup were worth $2,840,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Orion Capital Management LLC acquired a new stake in shares of Citigroup in the 4th quarter valued at $28,000. MorganRosel Wealth Management LLC acquired a new stake in Citigroup during the 1st quarter worth $28,000. American National Bank & Trust acquired a new stake in Citigroup during the 1st quarter worth $29,000. Mascagni Wealth Management Inc. acquired a new stake in Citigroup during the 4th quarter worth $34,000. Finally, Runnymede Capital Advisors Inc. purchased a new position in Citigroup during the 4th quarter worth $39,000. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Citigroup Trading Up 2.2%

NYSE C traded up $1.91 during trading hours on Friday, hitting $88.67. The company's stock had a trading volume of 13,229,886 shares, compared to its average volume of 14,658,879. The stock has a fifty day moving average of $76.63 and a 200 day moving average of $74.16. Citigroup Inc. has a twelve month low of $53.51 and a twelve month high of $88.80. The firm has a market capitalization of $165.61 billion, a P/E ratio of 14.01, a PEG ratio of 0.69 and a beta of 1.34. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 1.52.

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

Analyst Upgrades and Downgrades

A number of research firms recently commented on C. Royal Bank Of Canada decreased their price objective on shares of Citigroup from $85.00 to $78.00 and set an "outperform" rating on the stock in a report on Wednesday, April 16th. Truist Financial reduced their price objective on shares of Citigroup from $84.00 to $79.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. Wall Street Zen lowered shares of Citigroup from a "hold" rating to a "sell" rating in a research report on Friday, June 27th. JPMorgan Chase & Co. dropped their price target on shares of Citigroup from $85.50 to $75.50 and set a "neutral" rating for the company in a research report on Thursday, April 3rd. Finally, The Goldman Sachs Group raised their target price on shares of Citigroup from $85.00 to $96.00 and gave the company a "buy" rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $85.43.

Insiders Place Their Bets

In other Citigroup news, Director John Cunningham Dugan sold 4,417 shares of Citigroup stock in a transaction on Wednesday, April 30th. The shares were sold at an average price of $68.26, for a total transaction of $301,504.42. Following the completion of the transaction, the director directly owned 13,048 shares of the company's stock, valued at $890,656.48. The trade was a 25.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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.