The Citigroup Inc (C) Shares Sold by APG Asset Management N.V.

The Citigroup Inc (C) Shares Sold by APG Asset Management N.V.

Several other large investors have also made changes to their positions in the stock. Mondrian Investment Partners LTD raised its position in shares of Citigroup by 43.6% in the third quarter. Mondrian Investment Partners LTD now owns 1,554,917 shares of the financial services provider’s stock worth $73,439,000 after buying an additional 472,391 shares during the period. BlackRock Japan Co. Ltd raised its position in shares of Citigroup by 2.8% in the third quarter. BlackRock Japan Co. Ltd now owns 4,100,083 shares of the financial services provider’s stock worth $193,647,000 after buying an additional 111,282 shares during the period. Monetta Financial Services Inc. purchased a new position in shares of Citigroup during the third quarter worth about $2,361,000. Migdal Insurance & Financial Holdings Ltd. purchased a new position in shares of Citigroup during the third quarter worth about $23,559,000. Finally, Mitsubishi UFJ Trust & Banking Corp raised its position in shares of Citigroup by 1.7% in the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 6,416,558 shares of the financial services provider’s stock worth $303,054,000 after buying an additional 108,836 shares during the period. 73.82% of the stock is owned by institutional investors and hedge funds.

APG Asset Management N.V. cut its position in shares of Citigroup Inc (NYSE:C) by 3.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 9,188,536 shares of the financial services provider’s stock after selling 327,662 shares during the period. Citigroup makes up about 1.0% of APG Asset Management N.V.’s holdings, making the stock its 13th largest position. APG Asset Management N.V.’s holdings in Citigroup were worth $549,658,000 at the end of the most recent reporting period.

Citigroup Inc (NYSE C) opened at 61.11 on Monday. The stock has a market cap of $168.25 billion, a P/E ratio of 12.32 and a beta of 1.68. Citigroup Inc has a 52 week low of $38.31 and a 52 week high of $62.69. The company’s 50 day moving average is $60.32 and its 200 day moving average is $59.22.

Citigroup (NYSE:C) last released its earnings results on Thursday, April 13th. The financial services provider reported $1.35 earnings per share for the quarter, topping the consensus estimate of $1.24 by $0.11. The business had revenue of $18.12 billion for the quarter, compared to the consensus estimate of $17.75 billion. Citigroup had a net margin of 18.10% and a return on equity of 7.09%. The firm’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same period last year, the firm posted $1.10 earnings per share. Equities analysts predict that Citigroup Inc will post $5.20 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Friday, May 26th. Stockholders of record on Monday, May 1st were given a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 1.05%. The ex-dividend date of this dividend was Thursday, April 27th. Citigroup’s dividend payout ratio (DPR) is currently 13.56%. A number of research analysts have recently issued reports on C shares. Vetr lowered shares of Citigroup from a “strong-buy” rating to a “buy” rating and set a $63.27 price target on the stock. in a research note on Monday, February 6th. Zacks Investment Research upgraded shares of Citigroup from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a research note on Monday, March 27th. Rafferty Capital Markets reiterated a “buy” rating and set a $66.00 price target on shares of Citigroup in a research note on Monday, April 3rd. Nomura reiterated a “buy” rating and set a $69.00 price target on shares of Citigroup in a research note on Monday, April 17th. Finally, BMO Capital Markets reiterated a “buy” rating and set a $64.00 price target on shares of Citigroup in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eighteen have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $64.23.

Citigroup Company Profile Citigroup Inc (Citi) is a financial services holding company. The Company’s whose businesses provide consumers, corporations, governments and institutions with a range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “C”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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