Stratos Investment Management LLC Has $9.66 Million Stock Holdings in Citigroup Inc. (NYSE:C)

Stratos Investment Management LLC raised its stake in shares of Citigroup Inc. (NYSE:C - Free Report) by 36.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 136,059 shares of the company's stock after buying an additional 36,663 shares during the period. Stratos Investment Management LLC's holdings in Citigroup were worth $9,659,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. True Wealth Design LLC increased its stake in shares of Citigroup by 11.1% in the fourth quarter. True Wealth Design LLC now owns 1,195 shares of the company's stock worth $84,000 after purchasing an additional 119 shares during the period. Continuum Advisory LLC grew its holdings in Citigroup by 1.9% in the 4th 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. Rakuten Securities Inc. grew its holdings in Citigroup by 2.4% in the 4th quarter. Rakuten Securities Inc. now owns 5,953 shares of the company's stock valued at $419,000 after buying an additional 139 shares during the last quarter. CFO4Life Group LLC increased its position in Citigroup by 1.9% in the 4th quarter. CFO4Life Group LLC now owns 7,735 shares of the company's stock worth $544,000 after buying an additional 145 shares during the period. Finally, Insight Inv LLC increased its position in Citigroup by 0.5% in the 1st quarter. Insight Inv LLC now owns 27,268 shares of the company's stock worth $1,936,000 after buying an additional 146 shares during the period. Institutional investors and hedge funds own 71.72% of the company's stock.

Citigroup Price Performance

C stock traded down $0.35 during trading on Friday, hitting $86.73. The company had a trading volume of 10,251,072 shares, compared to its average volume of 14,612,799. The company has a fifty day moving average price of $78.40 and a two-hundred day moving average price of $74.75. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.52. The company has a market cap of $161.99 billion, a P/E ratio of 13.70, a P/E/G ratio of 0.68 and a beta of 1.34. Citigroup Inc. has a fifty-two week low of $53.51 and a fifty-two week high of $88.83.

Citigroup (NYSE:C - Get Free Report) last announced its quarterly earnings results on Tuesday, April 15th. The company reported $1.96 EPS for the quarter, beating the consensus estimate of $1.84 by $0.12. The business 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%. Equities research analysts expect that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

C has been the topic of several recent analyst reports. Keefe, Bruyette & Woods reaffirmed an "outperform" rating and issued a $92.00 price target (down from $96.00) on shares of Citigroup in a research report on Wednesday, April 16th. Wall Street Zen downgraded Citigroup from a "hold" rating to a "sell" rating in a research report on Friday, June 27th. The Goldman Sachs Group lifted their price target on Citigroup from $85.00 to $96.00 and gave the stock a "buy" rating in a research report on Wednesday, July 2nd. TD Cowen initiated coverage on Citigroup in a research report on Thursday, May 15th. They issued a "hold" rating and a $83.00 price target on the stock. Finally, JPMorgan Chase & Co. dropped their price target on Citigroup from $85.50 to $75.50 and set a "neutral" rating on the stock in a research report on Thursday, April 3rd. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $86.37.

Insider Buying and Selling

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 stock was sold at an average price of $68.26, for a total value of $301,504.42. Following the transaction, the director owned 13,048 shares of the company's stock, valued at approximately $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 Securities & Exchange Commission, which can be accessed through this hyperlink. 0.08% of the stock is currently owned by corporate insiders.

Citigroup Profile

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.