$1.26 EPS Expected for Citigroup Inc (C)

June 19, 2017 - By Marguerite Chambers

 $1.26 EPS Expected for Citigroup Inc (C)
Investors sentiment increased to 1.12 in Q4 2016. Its up 0.29, from 0.83 in 2016Q3. It is positive, as 54 investors sold Citigroup Inc shares while 430 reduced holdings. 161 funds opened positions while 382 raised stakes. 2.00 billion shares or 1.65% more from 1.97 billion shares in 2016Q3 were reported.
Shelton Mngmt invested in 53,016 shares or 0.29% of the stock. Wall Street Access Asset Management Ltd Liability Com owns 0.82% invested in Citigroup Inc (NYSE:C) for 24,836 shares. Levin Capital Strategies Ltd Partnership holds 5.85M shares or 5.97% of its portfolio. First Manhattan has 0.33% invested in Citigroup Inc (NYSE:C). Williams Jones & Associates Ltd Limited Liability Company stated it has 0.4% in Citigroup Inc (NYSE:C). Hgk Asset Management reported 2.4% stake. Hexavest reported 1.85% stake. Employees Retirement System Of Texas owns 392,150 shares for 0.32% of their portfolio. Mitsubishi Ufj Trust & Banking Corporation invested in 6.35M shares or 0.79% of the stock. Envestnet Asset holds 0.07% or 301,492 shares in its portfolio. Clearbridge Ltd Liability Company invested in 2.13M shares or 2.86% of the stock. Tetrem Capital Ltd owns 944,091 shares. Fincl Bank Of America De holds 0.34% or 26.21M shares in its portfolio. Rothschild Investment Il accumulated 20,837 shares. Community Financial Bank Na holds 0% or 285 shares in its portfolio.

Since January 31, 2017, it had 0 buys, and 9 insider sales for $23.40 million activity. 7,037 shares were sold by MURRAY JOSEPH MICHAEL, worth $423,979. 2,999 shares were sold by RODIN JUDITH, worth $173,207 on Monday, February 6. Another trade for 46,636 shares valued at $2.80 million was made by Callahan Don on Thursday, February 16. Another trade for 10,109 shares valued at $565,704 was sold by Hu W. Bradford. BIRD STEPHEN sold $5.41 million worth of stock. 60,000 shares valued at $3.60 million were sold by Cowles James C on Thursday, February 16. Shares for $5.01M were sold by CORBAT MICHAEL.

Investors wait Citigroup Inc (NYSE:C) to report on July, 14 before the open. its quarterly earnings Wall Street analysts expect $1.26 earnings per share, up $0.01 or 0.80 % from last year’s $1.25 same quarter earnings. This translates into $3.44 billion profit for C giving the stock a 12.75 P/E. This is assuming the current $1.26 EPS is accurate. Citigroup Inc’s Wall Street analysts see -7.35 % negative EPS growth, taking into account the $1.36 EPS reproted in the previous quarter, About 8,764 shares traded. Citigroup Inc (NYSE:C) has risen 35.60% since June 19, 2016 and is uptrending. It has outperformed by 18.90% the S&P500.

Citigroup Inc (NYSE:C) Ratings Coverage

Among 30 analysts covering Citigroup Inc. (NYSE:C), 15 have Buy rating, 3 Sell and 12 Hold. Therefore 50% are positive. Citigroup Inc. has $78 highest and $4.0 lowest target. $55.47’s average target is -13.69% below currents $64.27 stock price. Citigroup Inc. had 66 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Citigroup Inc (NYSE:C) has “Buy” rating given on Wednesday, July 13 by Berenberg. The stock of Citigroup Inc (NYSE:C) earned “Sell” rating by UBS on Wednesday, January 11. The company was maintained on Tuesday, January 19 by Keefe Bruyette & Woods. The rating was maintained by Oppenheimer on Friday, January 29 with “Outperform”. As per Monday, October 26, the company rating was downgraded by Morgan Stanley. KeyBanc Capital Markets downgraded the stock to “Sector Weight” rating in Tuesday, January 5 report. The firm has “Market Perform” rating by BMO Capital Markets given on Friday, September 4. The firm has “Sector Perform” rating given on Thursday, January 7 by Portales Partners. Oppenheimer maintained it with “Perform” rating and $73.0 target in Tuesday, January 5 report. As per Tuesday, September 13, the company rating was downgraded by Societe Generale.

Citigroup Inc. is a financial services holding company. The company has market cap of $175.33 billion. The Company’s whose businesses provide consumers, firms, governments and institutions with a range of financial services and products, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services and wealth management. It has a 12.79 P/E ratio. The Firm operates through two divisions: Citicorp and Citi Holdings.

More notable recent Citigroup Inc (NYSE:C) news were published by: Seekingalpha.com which released: “Citigroup: The Reason To Stay Long” on June 11, 2017, also Bloomberg.com with their article: “AmEx Outduels Citigroup for Exclusive Rights to Hilton Cards” published on June 01, 2017, Seekingalpha.com published: “Citigroup: Expect Another Big Dividend Hike To Move Stock” on June 04, 2017. More interesting news about Citigroup Inc (NYSE:C) were released by: Bloomberg.com and their article: “Citigroup Expands Asia Digital in Bid to Reach Affluent Clients” published on June 07, 2017 as well as Seekingalpha.com‘s news article titled: “Citigroup Is Outperforming The Big Banks” with publication date: May 26, 2017.

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