Boyd Watterson Asset Management LLC OH Has $1.73 Million Stock Holdings in Citigroup Inc. (NYSE:C)

Boyd Watterson Asset Management LLC OH boosted its stake in shares of Citigroup Inc. (NYSE:C - Free Report) by 79.5% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 27,571 shares of the company's stock after acquiring an additional 12,210 shares during the period. Boyd Watterson Asset Management LLC OH's holdings in Citigroup were worth $1,726,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in C. CENTRAL TRUST Co boosted its stake in shares of Citigroup by 920.4% in the third quarter. CENTRAL TRUST Co now owns 18,184 shares of the company's stock worth $1,138,000 after acquiring an additional 16,402 shares during the last quarter. Romano Brothers AND Company boosted its position in Citigroup by 32.0% during the third quarter. Romano Brothers AND Company now owns 53,653 shares of the company's stock worth $3,359,000 after acquiring an additional 13,000 shares during the last quarter. Courier Capital LLC boosted its holdings in shares of Citigroup by 3.4% during the 3rd quarter. Courier Capital LLC now owns 60,280 shares of the company's stock worth $3,774,000 after purchasing an additional 1,984 shares during the last quarter. Greenleaf Trust grew its holdings in Citigroup by 0.9% in the 3rd quarter. Greenleaf Trust now owns 21,921 shares of the company's stock valued at $1,372,000 after buying an additional 205 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI grew its holdings in shares of Citigroup by 22.9% in the third quarter. Commerzbank Aktiengesellschaft FI now owns 16,473 shares of the company's stock valued at $1,032,000 after purchasing an additional 3,072 shares during the period. 71.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

C has been the subject of several analyst reports. The Goldman Sachs Group lowered their price objective on Citigroup from $75.00 to $71.00 and set a "buy" rating for the company in a research report on Wednesday, September 11th. Morgan Stanley cut their target price on shares of Citigroup from $86.00 to $82.00 and set an "overweight" rating on the stock in a research note on Wednesday, October 16th. Bank of America increased their price target on Citigroup from $77.00 to $78.00 and gave the company a "buy" rating in a research report on Wednesday, October 16th. Evercore ISI raised their price objective on shares of Citigroup from $63.00 to $64.00 and gave the company an "in-line" rating in a report on Wednesday, October 16th. Finally, BMO Capital Markets boosted their target price on shares of Citigroup from $63.00 to $65.00 and gave the stock a "market perform" rating in a research note on Thursday, July 11th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $71.06.

Citigroup Stock Down 0.2 %

Shares of C traded down $0.11 during midday trading on Thursday, reaching $62.99. 11,418,446 shares of the company were exchanged, compared to its average volume of 14,390,273. The stock has a 50-day moving average price of $61.62 and a 200-day moving average price of $61.95. The company has a market cap of $120.15 billion, a price-to-earnings ratio of 17.52, a P/E/G ratio of 0.74 and a beta of 1.44. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.47. Citigroup Inc. has a 1-year low of $38.17 and a 1-year high of $67.81.

Citigroup (NYSE:C - Get Free Report) last released its earnings results 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. Citigroup had a net margin of 4.95% and a return on equity of 6.26%. The company had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.86 billion. During the same quarter in the previous year, the firm earned $1.52 EPS. The company's revenue was up .9% on a year-over-year basis. Research analysts expect that Citigroup Inc. will post 5.76 earnings per share for the current year.

Citigroup Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Tuesday, November 5th will be issued a $0.56 dividend. This represents a $2.24 annualized dividend and a dividend yield of 3.56%. The ex-dividend date is Monday, November 4th. Citigroup's dividend payout ratio (DPR) is presently 62.75%.

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.