TFR Capital LLC. Purchases 4,199 Shares of Citigroup Inc. (NYSE:C)

TFR Capital LLC. lifted its holdings in Citigroup Inc. (NYSE:C - Free Report) by 145.6% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,083 shares of the company's stock after buying an additional 4,199 shares during the period. TFR Capital LLC.'s holdings in Citigroup were worth $503,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of C. Orion Capital Management LLC purchased a new stake in shares of Citigroup during the 4th quarter worth approximately $28,000. MorganRosel Wealth Management LLC bought a new position in Citigroup during the first quarter valued at $28,000. American National Bank & Trust purchased a new stake in Citigroup in the first quarter worth $29,000. Mascagni Wealth Management Inc. bought a new stake in shares of Citigroup in the fourth quarter valued at $34,000. Finally, Cornerstone Planning Group LLC lifted its position in shares of Citigroup by 68.2% during the 1st quarter. Cornerstone Planning Group LLC now owns 577 shares of the company's stock valued at $38,000 after buying an additional 234 shares during the last quarter. 71.72% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director John Cunningham Dugan sold 4,417 shares of the stock in a transaction dated Wednesday, April 30th. The stock was sold at an average price of $68.26, for a total transaction of $301,504.42. Following the transaction, the director directly owned 13,048 shares in the company, valued at approximately $890,656.48. This represents a 25.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.08% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. TD Cowen assumed coverage on Citigroup in a report on Thursday, May 15th. They issued a "hold" rating and a $83.00 price objective for the company. JPMorgan Chase & Co. cut their target price 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. Oppenheimer reissued an "outperform" rating on shares of Citigroup in a research report on Monday, July 7th. Evercore ISI set a $77.00 price target on shares of Citigroup in a research note on Monday, July 7th. Finally, Keefe, Bruyette & Woods reaffirmed an "outperform" rating and issued a $92.00 price objective (down from $96.00) on shares of Citigroup in a report on Wednesday, April 16th. One analyst has rated the stock with a sell rating, four have issued a hold rating and eleven have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $87.89.

Citigroup Price Performance

Shares of C traded down $0.35 during mid-day trading on Friday, reaching $86.73. 10,251,072 shares of the stock traded hands, compared to its average volume of 14,550,501. The company has a market cap of $161.99 billion, a price-to-earnings ratio of 13.70, a price-to-earnings-growth ratio of 0.67 and a beta of 1.34. Citigroup Inc. has a 1 year low of $53.51 and a 1 year high of $88.83. The firm has a fifty day moving average price of $78.40 and a 200 day moving average price of $74.78. The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 1.52.

Citigroup (NYSE:C - Get Free Report) last issued its quarterly earnings data on Tuesday, April 15th. The company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.84 by $0.12. The company had revenue of $21.60 billion during 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%. As a group, equities research analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current year.

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.