WINTON GROUP Ltd lowered its stake in Citigroup Inc (NYSE:C) by 51.6% during the third quarter, HoldingsChannel reports. The firm owned 22,389 shares of the financial services provider’s stock after selling 23,830 shares during the period. WINTON GROUP Ltd’s holdings in Citigroup were worth $1,629,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Lazard Asset Management LLC boosted its position in Citigroup by 109.5% during the 2nd quarter. Lazard Asset Management LLC now owns 9,292,727 shares of the financial services provider’s stock worth $621,497,000 after acquiring an additional 4,856,866 shares during the period. PointState Capital LP acquired a new stake in Citigroup during the 2nd quarter worth about $321,322,000. Pioneer Investment Management Inc. boosted its position in Citigroup by 2,317.8% during the 2nd quarter. Pioneer Investment Management Inc. now owns 5,002,029 shares of the financial services provider’s stock worth $334,536,000 after acquiring an additional 4,795,145 shares during the period. The Manufacturers Life Insurance Company boosted its position in Citigroup by 42.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 14,815,133 shares of the financial services provider’s stock worth $990,836,000 after acquiring an additional 4,413,329 shares during the period. Finally, FMR LLC boosted its position in Citigroup by 3.8% during the 2nd quarter. FMR LLC now owns 109,804,452 shares of the financial services provider’s stock worth $7,343,721,000 after acquiring an additional 4,061,637 shares during the period. 78.53% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Citigroup Inc (NYSE C) opened at $76.84 on Tuesday. Citigroup Inc has a 1-year low of $55.23 and a 1-year high of $77.92. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.11. The firm has a market capitalization of $203,170.00, a P/E ratio of 14.81, a P/E/G ratio of 1.23 and a beta of 1.56.

C has been the subject of a number of research reports. Raymond James Financial initiated coverage on Citigroup in a research report on Tuesday, October 31st. They set a “hold” rating for the company. Morgan Stanley lifted their price target on Citigroup from $73.00 to $79.00 and gave the company an “overweight” rating in a report on Friday, October 13th. Jefferies Group set a $81.00 price target on Citigroup and gave the company a “neutral” rating in a report on Thursday, October 12th. Nomura lifted their price target on Citigroup to $84.00 and gave the company a “buy” rating in a report on Monday, December 11th. Finally, BMO Capital Markets lifted their price target on Citigroup from $65.00 to $67.00 and gave the company a “market perform” rating in a report on Friday, October 13th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $77.92.

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Citigroup Company Profile

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.

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Institutional Ownership by Quarter for Citigroup (NYSE:C)

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