9. INDUSTRY, INNOVATION, AND INFRASTRUCTURE

Citigroup Inc. (NYSE:C) Shares Acquired by Rothschild Investment Corp IL – Defense World

Written by Amanda

Rothschild Investment Corp IL grew its holdings in Citigroup Inc. (NYSE:CGet Rating) by 2.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 11,499 shares of the company’s stock after purchasing an additional 315 shares during the period. Rothschild Investment Corp IL’s holdings in Citigroup were worth $614,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. Disciplined Investments LLC acquired a new position in Citigroup during the 4th quarter worth about $26,000. Outfitter Financial LLC acquired a new position in Citigroup during the 4th quarter worth about $30,000. FSB Premier Wealth Management Inc. acquired a new position in Citigroup during the 4th quarter worth about $31,000. Gordian Capital Singapore Pte Ltd acquired a new position in Citigroup during the 4th quarter worth about $31,000. Finally, AHL Investment Management Inc. acquired a new position in Citigroup during the 4th quarter worth about $32,000. 74.91% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have issued reports on C shares. Barclays reduced their price target on Citigroup from $73.00 to $67.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 6th. StockNews.com started coverage on Citigroup in a research report on Thursday, March 31st. They issued a “hold” rating on the stock. TheStreet lowered Citigroup from a “b-” rating to a “c+” rating in a research report on Tuesday, June 21st. Wells Fargo & Company reduced their price target on Citigroup from $80.00 to $70.00 and set an “overweight” rating on the stock in a research report on Monday, March 14th. Finally, Piper Sandler reduced their price target on Citigroup from $80.00 to $70.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 5th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Citigroup has an average rating of “Hold” and a consensus target price of $68.63.

C opened at $47.83 on Tuesday. Citigroup Inc. has a one year low of $45.40 and a one year high of $74.64. The company has a market cap of $94.75 billion, a P/E ratio of 5.64, a PEG ratio of 0.62 and a beta of 1.60. The company has a debt-to-equity ratio of 1.42, a quick ratio of 0.92 and a current ratio of 0.92. The business’s 50-day simple moving average is $49.98 and its 200-day simple moving average is $56.57.

Citigroup (NYSE:CGet Rating) last released its quarterly earnings results on Thursday, April 14th. The company reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.74 by $0.28. The firm had revenue of $19.16 billion for the quarter, compared to the consensus estimate of $18.12 billion. Citigroup had a return on equity of 10.96% and a net margin of 22.95%. The firm’s quarterly revenue was down 2.6% compared to the same quarter last year. During the same quarter last year, the business posted $3.62 EPS. As a group, analysts predict that Citigroup Inc. will post 6.93 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, May 27th. Investors of record on Monday, May 2nd were paid a dividend of $0.51 per share. The ex-dividend date was Friday, April 29th. This represents a $2.04 dividend on an annualized basis and a yield of 4.27%. Citigroup’s dividend payout ratio is presently 24.06%.

Citigroup Profile (Get Rating)

Citigroup Inc, a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions in North America, Latin America, Asia, Europe, the Middle East, and Africa. The company operates in two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG).

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Source: defenseworld.net

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Amanda

Hi there, I am Amanda and I work as an editor at impactinvesting.ai;  if you are interested in my services, please reach me at amanda.impactinvesting.ai