Citigroup Inc. (C) Stake Decreased by Tillar Wenstrup Advisors LLC

Tillar Wenstrup Advisors LLC trimmed its position in shares of Citigroup Inc. (NYSE:C) by 4.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,754 shares of the financial services provider’s stock after selling 1,488 shares during the quarter. Citigroup accounts for 1.8% of Tillar Wenstrup Advisors LLC’s portfolio, making the stock its 28th largest position. Tillar Wenstrup Advisors LLC’s holdings in Citigroup were worth $2,310,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. BlackRock Inc. lifted its position in Citigroup by 2,718.7% in the 1st quarter. BlackRock Inc. now owns 196,415,461 shares of the financial services provider’s stock valued at $11,749,573,000 after acquiring an additional 189,447,104 shares in the last quarter. Vanguard Group Inc. lifted its position in Citigroup by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 183,198,941 shares of the financial services provider’s stock valued at $10,958,960,000 after acquiring an additional 4,391,347 shares in the last quarter. FMR LLC lifted its position in Citigroup by 3.8% in the 2nd quarter. FMR LLC now owns 109,804,452 shares of the financial services provider’s stock valued at $7,343,721,000 after acquiring an additional 4,061,637 shares in the last quarter. Bank of New York Mellon Corp lifted its position in Citigroup by 6.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 46,110,561 shares of the financial services provider’s stock valued at $3,083,874,000 after acquiring an additional 2,943,282 shares in the last quarter. Finally, Harris Associates L P lifted its position in Citigroup by 0.5% in the 2nd quarter. Harris Associates L P now owns 41,350,951 shares of the financial services provider’s stock valued at $2,765,551,000 after acquiring an additional 221,171 shares in the last quarter. 78.59% of the stock is currently owned by institutional investors.

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

Citigroup Inc. (C) opened at $73.92 on Friday. The firm has a market cap of $198,670.31, a PE ratio of 14.48, a PEG ratio of 1.47 and a beta of 1.55. Citigroup Inc. has a 52 week low of $55.23 and a 52 week high of $77.92. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.01 and a current ratio of 1.01.

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

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 22nd. Stockholders of record on Monday, November 6th were paid a dividend of $0.32 per share. The ex-dividend date was Friday, November 3rd. This represents a $1.28 annualized dividend and a dividend yield of 1.73%. Citigroup’s dividend payout ratio is presently 24.66%.

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Citigroup 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.

Institutional Ownership by Quarter for Citigroup (NYSE:C)

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