Citigroup (NYSE: C) recently received a number of ratings updates from brokerages and research firms:

  • 9/19/2016 – Citigroup was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $46.48 price target on the stock.
  • 9/16/2016 – Citigroup was downgraded by analysts at Goldman Sachs Group Inc. from a “buy” rating to a “neutral” rating. They now have a $50.00 price target on the stock, down previously from $52.00.
  • 9/14/2016 – Citigroup was downgraded by analysts at Vetr from a “hold” rating to a “sell” rating. They now have a $45.31 price target on the stock.
  • 9/13/2016 – Citigroup was downgraded by analysts at Societe Generale from a “hold” rating to a “sell” rating.
  • 9/7/2016 – Citigroup had its price target lowered by analysts at Nomura from $57.00 to $55.00. They now have a “buy” rating on the stock.
  • 9/6/2016 – Citigroup was downgraded by analysts at Vetr from a “hold” rating to a “sell” rating. They now have a $45.35 price target on the stock.
  • 9/5/2016 – Citigroup was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $46.20 price target on the stock.
  • 8/30/2016 – Citigroup was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $46.20 price target on the stock.
  • 8/29/2016 – Citigroup was downgraded by analysts at Vetr from a “hold” rating to a “sell” rating. They now have a $45.69 price target on the stock.
  • 8/23/2016 – Citigroup was upgraded by analysts at TheStreet from a “hold” rating to a “buy” rating.
  • 8/16/2016 – Citigroup had its “outperform” rating reaffirmed by analysts at Sanford C. Bernstein.
  • 8/8/2016 – Citigroup was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $46.29 price target on the stock.
  • 8/1/2016 – Citigroup had its “buy” rating reaffirmed by analysts at Jefferies Group.

Shares of Citigroup Inc. (NYSE:C) traded up 0.73% during trading on Wednesday, hitting $46.88. The stock had a trading volume of 3,692,674 shares. The company has a market capitalization of $136.20 billion, a price-to-earnings ratio of 9.92 and a beta of 1.90. The company’s 50 day moving average price is $46.49 and its 200 day moving average price is $44.42. Citigroup Inc. has a 52 week low of $34.52 and a 52 week high of $56.46.

Citigroup (NYSE:C) last released its quarterly earnings results on Friday, July 15th. The financial services provider reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.14. The business earned $17.55 billion during the quarter, compared to the consensus estimate of $17.47 billion. Citigroup had a return on equity of 7.24% and a net margin of 17.97%. The company’s quarterly revenue was down 9.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.45 EPS. Analysts predict that Citigroup Inc. will post $4.62 earnings per share for the current year.

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The business also recently declared a quarterly dividend, which was paid on Friday, August 26th. Shareholders of record on Monday, August 1st were paid a dividend of $0.16 per share. The ex-dividend date was Thursday, July 28th. This represents a $0.64 dividend on an annualized basis and a yield of 1.38%. This is an increase from Citigroup’s previous quarterly dividend of $0.05. Citigroup’s payout ratio is 13.59%.

In other news, insider Joseph Michael Murray sold 8,122 shares of the business’s stock in a transaction that occurred on Wednesday, July 20th. The stock was sold at an average price of $44.35, for a total value of $360,210.70. Following the transaction, the insider now owns 35,042 shares in the company, valued at approximately $1,554,112.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.13% of the company’s stock.

Citigroup Inc (Citi) is a financial services holding company. The Company’s 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.

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