Tokio Marine Asset Management Co. Ltd. Has $3.30 Million Position in Citigroup Inc. (NYSE:C)

Tokio Marine Asset Management Co. Ltd. boosted its holdings in shares of Citigroup Inc. (NYSE:C) by 5.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 52,767 shares of the company’s stock after buying an additional 2,560 shares during the period. Tokio Marine Asset Management Co. Ltd.’s holdings in Citigroup were worth $3,303,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Black Swift Group LLC raised its stake in shares of Citigroup by 60.6% during the 3rd quarter. Black Swift Group LLC now owns 9,500 shares of the company’s stock worth $595,000 after purchasing an additional 3,585 shares during the period. Zions Bancorporation N.A. increased its holdings in Citigroup by 17.0% during the third quarter. Zions Bancorporation N.A. now owns 4,279 shares of the company’s stock worth $268,000 after buying an additional 621 shares during the last quarter. KBC Group NV raised its position in Citigroup by 1.8% in the third quarter. KBC Group NV now owns 1,138,511 shares of the company’s stock worth $71,270,000 after acquiring an additional 20,291 shares during the period. Rossmore Private Capital boosted its stake in Citigroup by 14.0% in the third quarter. Rossmore Private Capital now owns 11,430 shares of the company’s stock valued at $716,000 after acquiring an additional 1,400 shares during the last quarter. Finally, Aptus Capital Advisors LLC grew its position in shares of Citigroup by 20.5% during the 3rd quarter. Aptus Capital Advisors LLC now owns 161,538 shares of the company’s stock valued at $10,112,000 after acquiring an additional 27,512 shares during the period. 71.72% of the stock is owned by institutional investors.

Citigroup Trading Up 0.2 %

Citigroup stock traded up $0.11 during trading hours on Thursday, hitting $69.00. The company had a trading volume of 773,411 shares, compared to its average volume of 14,391,250. The company has a debt-to-equity ratio of 1.55, a quick ratio of 0.96 and a current ratio of 0.96. The firm has a market cap of $130.50 billion, a P/E ratio of 20.00, a P/E/G ratio of 0.77 and a beta of 1.44. The company has a 50-day moving average price of $62.87 and a two-hundred day moving average price of $62.51. Citigroup Inc. has a 1 year low of $44.32 and a 1 year high of $70.20.

Citigroup (NYSE:C) last posted its quarterly earnings results on Tuesday, October 15th. The company reported $1.51 EPS for the quarter, beating the consensus estimate of $1.31 by $0.20. The business had revenue of $20.32 billion during the quarter, compared to analyst estimates of $19.86 billion. Citigroup had a net margin of 4.70% and a return on equity of 6.19%. The company’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.52 EPS. On average, sell-side analysts anticipate that Citigroup Inc. will post 5.85 earnings per share for the current year.

Citigroup Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Shareholders of record on Tuesday, November 5th will be paid a $0.56 dividend. This represents a $2.24 dividend on an annualized basis and a yield of 3.25%. The ex-dividend date is Monday, November 4th. Citigroup’s dividend payout ratio (DPR) is presently 64.93%.

Analysts Set New Price Targets

A number of brokerages recently commented on C. Barclays upped their price target on shares of Citigroup from $63.00 to $70.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 16th. Oppenheimer raised their price target on Citigroup from $91.00 to $107.00 and gave the stock an “outperform” rating in a report on Tuesday, November 5th. Bank of America boosted their price objective on Citigroup from $77.00 to $78.00 and gave the company a “buy” rating in a research note on Wednesday, October 16th. The Goldman Sachs Group cut their target price on Citigroup from $75.00 to $71.00 and set a “buy” rating for the company in a research note on Wednesday, September 11th. Finally, Morgan Stanley decreased their price target on Citigroup from $86.00 to $82.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 16th. One analyst has rated the stock with a sell rating, six have given a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, Citigroup currently has a consensus rating of “Moderate Buy” and a consensus price target of $72.06.

Citigroup Profile

Citigroup Inc, a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.