Citigroup Inc (C) : Vontobel Swiss Wealth Advisors Ag scooped up 5,440 additional shares in Citigroup Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 34,702 shares of Citigroup Inc which is valued at $1.5 Million.Citigroup Inc makes up approximately 0.81% of Vontobel Swiss Wealth Advisors Ag’s portfolio.
Other Hedge Funds, Including , Lsv Asset Management boosted its stake in C in the latest quarter, The investment management firm added 308,780 additional shares and now holds a total of 12,814,308 shares of Citigroup Inc which is valued at $552.4 Million. Citigroup Inc makes up approx 1.18% of Lsv Asset Management’s portfolio.Hudock Capital Group boosted its stake in C in the latest quarter, The investment management firm added 1 additional shares and now holds a total of 1,045 shares of Citigroup Inc which is valued at $46,408. Citigroup Inc makes up approx 0.03% of Hudock Capital Group’s portfolio.Parkside Financial Bank Trust boosted its stake in C in the latest quarter, The investment management firm added 521 additional shares and now holds a total of 1,476 shares of Citigroup Inc which is valued at $65,549. Citigroup Inc makes up approx 0.03% of Parkside Financial Bank Trust’s portfolio. Ntv Asset Management sold out all of its stake in C during the most recent quarter. The investment firm sold 4,429 shares of C which is valued $196,692.
Citigroup Inc opened for trading at $46.19 and hit $47.6 on the upside on Wednesday, eventually ending the session at $46.94, with a gain of 2.35% or 1.08 points. The heightened volatility saw the trading volume jump to 2,39,64,709 shares. Company has a market cap of $137,766 M.
On the company’s financial health, Citigroup Inc reported $1.10 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 15, 2016. Analyst had a consensus of $1.05. The company had revenue of $17555.00 million for the quarter, compared to analysts expectations of $17444.17 million. The company’s revenue was down -11.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.52 EPS.
Many Wall Street Analysts have commented on Citigroup Inc. Citigroup Inc was Downgraded by Keefe Bruyette to ” Mkt Perform” on Apr 18, 2016. Company shares were Reiterated by UBS on Apr 18, 2016 to “Buy”, Firm has raised the Price Target to $ 54 from a previous price target of $50 .Shares were Reiterated by Barclays on Mar 14, 2016 to “Overweight” and Lowered the Price Target to $ 60 from a previous price target of $65 .
Citigroup Inc. (Citi) is a financial services holding company whose businesses provide consumers corporations governments and institutions with financial products and services including consumer banking and credit corporate and investment banking securities brokerage trade and securities services and wealth management. The Company operates through two primary business segments: Citicorp and Citi Holdings. Citicorp consists of the operating businesses: Global Consumer Banking which consists of consumer banking in North America EMEA Latin America and Asia and Institutional Clients Group which includes Banking and Markets and securities services. Citi Holdings contains businesses and portfolios of assets that Citi has determined are not central to its core Citicorp businesses. Citi’s consumer operations as well as the consumer finance business in Korea and certain businesses in ICG form part of Citi Holdings.