Triglav Skladi D.O.O. Buys New Holdings in Citigroup Inc. (NYSE:C)

Triglav Skladi D.O.O. acquired a new position in Citigroup Inc. (NYSE:C - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 47,674 shares of the company's stock, valued at approximately $3,356,000.

Several other hedge funds and other institutional investors have also bought and sold shares of C. Core Alternative Capital boosted its position in Citigroup by 83.4% in the fourth quarter. Core Alternative Capital now owns 376 shares of the company's stock worth $26,000 after purchasing an additional 171 shares during the last quarter. Webster Bank N. A. lifted its holdings in Citigroup by 150.0% during the 4th quarter. Webster Bank N. A. now owns 500 shares of the company's stock worth $35,000 after purchasing an additional 300 shares in the last quarter. Creative Capital Management Investments LLC purchased a new stake in Citigroup during the 4th quarter worth about $35,000. Sierra Ocean LLC bought a new position in Citigroup in the 4th quarter worth about $37,000. Finally, Runnymede Capital Advisors Inc. bought a new position in Citigroup in the 4th quarter worth about $39,000. Hedge funds and other institutional investors own 71.72% of the company's stock.

Insider Activity

In other Citigroup news, Director John Cunningham Dugan sold 4,417 shares of the stock in a transaction dated Wednesday, April 30th. The shares were sold at an average price of $68.26, for a total value of $301,504.42. Following the completion of the transaction, the director now directly owns 13,048 shares of the company's stock, valued at approximately $890,656.48. This trade represents a 25.29% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 0.08% of the company's stock.

Wall Street Analyst Weigh In

C has been the topic of several recent research reports. Evercore ISI reduced their price objective on Citigroup from $79.00 to $76.00 and set an "in-line" rating on the stock in a research report on Tuesday, April 1st. Bank of America dropped their price objective on Citigroup from $90.00 to $89.00 and set a "buy" rating for the company in a report on Wednesday, April 2nd. Cowen assumed coverage on Citigroup in a research note on Wednesday, May 14th. They issued a "hold" rating for the company. Oppenheimer reaffirmed an "outperform" rating on shares of Citigroup in a research report on Tuesday. Finally, JPMorgan Chase & Co. reduced their target price on Citigroup from $85.50 to $75.50 and set a "neutral" rating for the company in a report on Thursday, April 3rd. Six investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $83.97.

Citigroup Trading Down 0.1%

NYSE C traded down $0.09 on Thursday, reaching $73.33. The stock had a trading volume of 12,066,555 shares, compared to its average volume of 14,540,425. Citigroup Inc. has a 12-month low of $53.51 and a 12-month high of $84.74. The stock has a fifty day moving average price of $68.55 and a two-hundred day moving average price of $72.10. The company has a quick ratio of 0.96, a current ratio of 0.96 and a debt-to-equity ratio of 1.50. The firm has a market capitalization of $136.96 billion, a price-to-earnings ratio of 12.32, a P/E/G ratio of 0.64 and a beta of 1.30.

Citigroup (NYSE:C - Get Free Report) last issued its earnings results on Tuesday, April 15th. The company reported $1.96 EPS for the quarter, topping analysts' consensus estimates of $1.84 by $0.12. The firm had revenue of $21.60 billion during the quarter, compared to the consensus estimate of $21.34 billion. Citigroup had a net margin of 7.43% and a return on equity of 6.62%. As a group, sell-side analysts forecast that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 5th will be paid a $0.56 dividend. The ex-dividend date is Monday, May 5th. This represents a $2.24 annualized dividend and a yield of 3.05%. Citigroup's dividend payout ratio is presently 35.39%.

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.