Tokio Marine Asset Management Co. Ltd. increased its holdings in shares of Citigroup Inc. (NYSE:C) by 2.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,011 shares of the financial services provider’s stock after acquiring an additional 759 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Citigroup were worth $2,183,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. BP PLC increased its holdings in Citigroup by 1.6% in the 3rd quarter. BP PLC now owns 320,000 shares of the financial services provider’s stock valued at $23,267,000 after buying an additional 5,000 shares during the period. Wright Investors Service Inc. increased its holdings in Citigroup by 6.9% in the 3rd quarter. Wright Investors Service Inc. now owns 38,638 shares of the financial services provider’s stock valued at $2,810,000 after buying an additional 2,492 shares during the period. Accredited Investors Inc. bought a new position in Citigroup in the 3rd quarter valued at about $311,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA increased its holdings in Citigroup by 54.2% in the 3rd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 3,083 shares of the financial services provider’s stock valued at $224,000 after buying an additional 1,083 shares during the period. Finally, Linscomb & Williams Inc. grew its holdings in shares of Citigroup by 24.8% during the 3rd quarter. Linscomb & Williams Inc. now owns 8,133 shares of the financial services provider’s stock valued at $592,000 after purchasing an additional 1,616 shares during the last quarter. 78.59% of the stock is currently owned by institutional investors and hedge funds.

Shares of Citigroup Inc. (NYSE:C) opened at $74.77 on Monday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.11. Citigroup Inc. has a 1 year low of $55.23 and a 1 year high of $77.92. The company has a market cap of $197,692.02, a P/E ratio of 14.41, a P/E/G ratio of 1.47 and a beta of 1.55.

Citigroup (NYSE:C) last posted its earnings results on Thursday, October 12th. The financial services provider reported $1.42 EPS for the quarter, topping the consensus estimate of $1.32 by $0.10. Citigroup had a net margin of 18.11% and a return on equity of 7.48%. The business had revenue of $18.17 billion for the quarter, compared to the consensus estimate of $17.87 billion. During the same period last year, the company earned $1.24 EPS. The firm’s revenue was up 2.3% compared to the same quarter last year. analysts predict that Citigroup Inc. will post 5.3 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 22nd. Investors of record on Monday, November 6th were given a dividend of $0.32 per share. The ex-dividend date was Friday, November 3rd. This represents a $1.28 annualized dividend and a yield of 1.71%. Citigroup’s dividend payout ratio is presently 24.66%.

Several equities research analysts recently issued reports on C shares. ValuEngine raised shares of Citigroup from a “buy” rating to a “strong-buy” rating in a report on Friday, September 1st. Credit Suisse Group reaffirmed a “buy” rating and set a $73.00 price target on shares of Citigroup in a report on Wednesday, September 13th. Raymond James Financial started coverage on shares of Citigroup in a report on Tuesday, October 31st. They set a “hold” rating on the stock. Morgan Stanley lifted their price target on shares of Citigroup from $73.00 to $79.00 and gave the company an “overweight” rating in a report on Friday, October 13th. Finally, Jefferies Group set a $81.00 price target on shares of Citigroup and gave the company a “neutral” rating in a report on Thursday, October 12th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $76.54.

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About Citigroup

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.

Institutional Ownership by Quarter for Citigroup (NYSE:C)

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