Citigroup Inc. (NYSE:C) Shares Bought by Boyd Watterson Asset Management LLC OH

Boyd Watterson Asset Management LLC OH grew its position in Citigroup Inc. (NYSE:C) by 79.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 27,571 shares of the company’s stock after acquiring an additional 12,210 shares during the quarter. Boyd Watterson Asset Management LLC OH’s holdings in Citigroup were worth $1,726,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the business. POM Investment Strategies LLC bought a new stake in shares of Citigroup in the 2nd quarter worth approximately $25,000. Northwest Investment Counselors LLC bought a new stake in Citigroup in the third quarter valued at $28,000. Beacon Capital Management LLC boosted its holdings in shares of Citigroup by 85.5% during the first quarter. Beacon Capital Management LLC now owns 460 shares of the company’s stock valued at $29,000 after acquiring an additional 212 shares during the period. Strategic Investment Solutions Inc. IL bought a new position in shares of Citigroup during the second quarter worth about $31,000. Finally, Triad Wealth Partners LLC acquired a new stake in shares of Citigroup in the 2nd quarter worth about $32,000. Institutional investors own 71.72% of the company’s stock.

Citigroup Trading Up 0.3 %

Shares of NYSE:C opened at $63.26 on Thursday. The stock has a market capitalization of $120.66 billion, a price-to-earnings ratio of 17.68, a PEG ratio of 0.74 and a beta of 1.44. Citigroup Inc. has a 1-year low of $38.17 and a 1-year high of $67.81. The company has a 50 day moving average price of $61.54 and a 200 day moving average price of $61.94. The company has a debt-to-equity ratio of 1.47, a quick ratio of 0.94 and a current ratio of 0.94.

Citigroup (NYSE:C) last released its quarterly earnings data on Tuesday, October 15th. The company reported $1.51 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.20. The business had revenue of $20.32 billion during the quarter, compared to analyst estimates of $19.86 billion. Citigroup had a return on equity of 6.26% and a net margin of 4.95%. The company’s revenue was up .9% compared to the same quarter last year. During the same period last year, the company posted $1.52 EPS. On average, research analysts anticipate that Citigroup Inc. will post 5.76 EPS for the current fiscal year.

Citigroup Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Tuesday, November 5th will be issued a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 3.54%. Citigroup’s payout ratio is presently 62.75%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on C shares. Argus boosted their target price on shares of Citigroup from $70.00 to $72.00 and gave the company a “buy” rating in a research note on Monday, July 15th. The Goldman Sachs Group decreased their price objective on Citigroup from $75.00 to $71.00 and set a “buy” rating for the company in a report on Wednesday, September 11th. Evercore ISI lifted their target price on Citigroup from $63.00 to $64.00 and gave the company an “in-line” rating in a research note on Wednesday, October 16th. Morgan Stanley decreased their price target on Citigroup from $86.00 to $82.00 and set an “overweight” rating for the company in a research note on Wednesday, October 16th. Finally, Oppenheimer cut their price objective on shares of Citigroup from $92.00 to $91.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 16th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $71.06.

Citigroup Company 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.