Citigroup Inc (C) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. increased its stake in shares of Citigroup Inc (NYSE:C) by 0.0% during the 3rd quarter, according to the company in its most …

Citigroup logoVanguard Group Inc. increased its stake in shares of Citigroup Inc (NYSE:C) by 0.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 179,587,680 shares of the financial services provider’s stock after acquiring an additional 18,793 shares during the quarter. Citigroup makes up 0.5% of Vanguard Group Inc.’s investment portfolio, making the stock its 27th largest position. Vanguard Group Inc. owned approximately 6.99% of Citigroup worth $12,883,619,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently bought and sold shares of the company. Front Barnett Associates LLC lifted its stake in shares of Citigroup by 0.5% in the 2nd quarter. Front Barnett Associates LLC now owns 134,048 shares of the financial services provider’s stock valued at $8,970,000 after purchasing an additional 700 shares during the period. HCR Wealth Advisors raised its stake in Citigroup by 3.1% during the third quarter. HCR Wealth Advisors now owns 25,477 shares of the financial services provider’s stock valued at $1,712,000 after buying an additional 758 shares during the last quarter. InterOcean Capital LLC raised its stake in Citigroup by 10.8% during the third quarter. InterOcean Capital LLC now owns 8,007 shares of the financial services provider’s stock valued at $574,000 after buying an additional 780 shares during the last quarter. Integrated Wealth Concepts LLC raised its stake in Citigroup by 24.6% during the third quarter. Integrated Wealth Concepts LLC now owns 3,986 shares of the financial services provider’s stock valued at $287,000 after buying an additional 788 shares during the last quarter. Finally, Proficio Capital Partners LLC raised its stake in Citigroup by 4.5% during the second quarter. Proficio Capital Partners LLC now owns 18,310 shares of the financial services provider’s stock valued at $1,225,000 after buying an additional 791 shares during the last quarter. Institutional investors and hedge funds own 72.67% of the company’s stock.

Shares of Citigroup stock traded up $0.25 during trading hours on Friday, hitting $56.69. The company’s stock had a trading volume of 23,051,548 shares, compared to its average volume of 20,728,637. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.32. The company has a market capitalization of $144.90 billion, a price-to-earnings ratio of 10.64, a PEG ratio of 0.66 and a beta of 1.56. Citigroup Inc has a 12-month low of $48.42 and a 12-month high of $80.70.

Citigroup (NYSE:C) last posted its earnings results on Friday, October 12th. The financial services provider reported $1.73 EPS for the quarter, topping analysts’ consensus estimates of $1.66 by $0.07. The company had revenue of $18.39 billion for the quarter, compared to the consensus estimate of $18.43 billion. Citigroup had a positive return on equity of 9.42% and a negative net margin of 4.81%. During the same period in the previous year, the business earned $1.42 earnings per share. On average, equities analysts expect that Citigroup Inc will post 6.63 earnings per share for the current year.

A number of brokerages have issued reports on C. Zacks Investment Research cut Citigroup from a “buy” rating to a “hold” rating in a research note on Friday, December 7th. Wells Fargo & Co lowered Citigroup to a “buy” rating in a report on Friday, January 4th. Finally, Morgan Stanley reduced their target price on Citigroup from $81.00 to $76.00 and set an “overweight” rating for the company in a report on Tuesday. Two analysts have rated the stock with a sell rating, six have issued a hold rating and sixteen have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $79.52.

WARNING: “Citigroup Inc (C) Shares Bought by Vanguard Group Inc.” was published by Fairfield Current and is the sole property of of Fairfield Current. If you are reading this article on another publication, it was stolen and reposted in violation of United States & international copyright laws. The correct version of this article can be viewed at https://www.fairfieldcurrent.com/news/2019/01/11/vanguard-group-inc-boosts-holdings-in-citigroup-inc-c.html.

Citigroup Profile

Citigroup Inc, a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services.

Recommended Story: How is the discount rate different from the Federal Funds rate?

Institutional Ownership by Quarter for Citigroup (NYSE:C)

Receive News & Ratings for Citigroup Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Citigroup and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Wells Fargo & Co (WFC) Shares Sold by Lenox Wealth Advisors LLC

Millennium Management LLC grew its holdings in Wells Fargo & Co by 83.7% during the second quarter. Millennium Management LLC now owns …

Wells Fargo & Co logoLenox Wealth Advisors LLC lessened its position in Wells Fargo & Co (NYSE:WFC) by 43.4% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,613 shares of the financial services provider’s stock after selling 2,000 shares during the quarter. Lenox Wealth Advisors LLC’s holdings in Wells Fargo & Co were worth $120,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in WFC. Commonwealth Bank of Australia grew its holdings in shares of Wells Fargo & Co by 15.3% in the second quarter. Commonwealth Bank of Australia now owns 748,401 shares of the financial services provider’s stock worth $41,434,000 after acquiring an additional 99,137 shares during the period. Berkshire Asset Management LLC PA grew its holdings in Wells Fargo & Co by 3.3% during the third quarter. Berkshire Asset Management LLC PA now owns 507,054 shares of the financial services provider’s stock valued at $26,651,000 after purchasing an additional 16,315 shares during the period. Security National Bank of Sioux City Iowa IA bought a new stake in Wells Fargo & Co during the second quarter valued at about $382,000. Millennium Management LLC grew its holdings in Wells Fargo & Co by 83.7% during the second quarter. Millennium Management LLC now owns 4,089,380 shares of the financial services provider’s stock valued at $226,715,000 after purchasing an additional 1,863,357 shares during the period. Finally, Colony Group LLC grew its holdings in Wells Fargo & Co by 76.3% during the second quarter. Colony Group LLC now owns 54,576 shares of the financial services provider’s stock valued at $3,026,000 after purchasing an additional 23,621 shares during the period. Institutional investors own 72.97% of the company’s stock.

WFC traded down $0.09 during midday trading on Wednesday, hitting $47.45. 3,639,124 shares of the company were exchanged, compared to its average volume of 21,380,783. The company has a market capitalization of $233.89 billion, a P/E ratio of 11.54, a P/E/G ratio of 0.84 and a beta of 1.10. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.86 and a current ratio of 0.87. Wells Fargo & Co has a 1-year low of $43.02 and a 1-year high of $66.31.

Wells Fargo & Co (NYSE:WFC) last announced its quarterly earnings results on Friday, October 12th. The financial services provider reported $1.13 earnings per share for the quarter, missing the consensus estimate of $1.17 by ($0.04). Wells Fargo & Co had a return on equity of 12.69% and a net margin of 23.17%. The company had revenue of $21.94 billion for the quarter, compared to analyst estimates of $21.90 billion. Analysts forecast that Wells Fargo & Co will post 4.49 EPS for the current year.

Wells Fargo & Co announced that its board has approved a share buyback plan on Tuesday, October 23rd that allows the company to buyback 350,000,000 outstanding shares. This buyback authorization allows the financial services provider to purchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s leadership believes its shares are undervalued.

A number of research firms recently commented on WFC. Edward Jones upgraded Wells Fargo & Co from a “hold” rating to a “buy” rating in a research report on Monday, September 17th. Macquarie cut their target price on Wells Fargo & Co from $63.00 to $62.00 and set a “neutral” rating on the stock in a research note on Monday, September 17th. Zacks Investment Research cut Wells Fargo & Co from a “hold” rating to a “sell” rating in a research note on Tuesday, September 18th. Wolfe Research started coverage on Wells Fargo & Co in a research note on Tuesday, September 25th. They issued an “outperform” rating on the stock. Finally, UBS Group set a $63.00 target price on Wells Fargo & Co and gave the company a “buy” rating in a research report on Friday, September 28th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and thirteen have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $62.03.

TRADEMARK VIOLATION NOTICE: “Wells Fargo & Co (WFC) Shares Sold by Lenox Wealth Advisors LLC” was originally reported by Fairfield Current and is the property of of Fairfield Current. If you are accessing this news story on another domain, it was copied illegally and republished in violation of United States & international copyright legislation. The original version of this news story can be viewed at https://www.fairfieldcurrent.com/news/2019/01/09/wells-fargo-co-wfc-shares-sold-by-lenox-wealth-advisors-llc.html.

Wells Fargo & Co Company Profile

Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. The company’s Community Banking segment offers checking and savings accounts; credit and debit cards; and automobile, student, mortgage, home equity, and small business loans.

Featured Article: Balance Sheet

Want to see what other hedge funds are holding WFC?Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wells Fargo & Co (NYSE:WFC).

Institutional Ownership by Quarter for Wells Fargo & Co (NYSE:WFC)

Receive News & Ratings for Wells Fargo & Co Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Wells Fargo & Co and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

AQR Capital Management LLC Has $51.56 Million Position in Citigroup Inc (NYSE:C)

AQR Capital Management LLC reduced its stake in Citigroup Inc (NYSE:C) by 17.4% in the 3rd quarter, according to the company in its most recent …

Citigroup logoAQR Capital Management LLC reduced its stake in Citigroup Inc (NYSE:C) by 17.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 718,640 shares of the financial services provider’s stock after selling 150,885 shares during the period. AQR Capital Management LLC’s holdings in Citigroup were worth $51,556,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Maltese Capital Management LLC grew its stake in Citigroup by 52.9% in the 2nd quarter. Maltese Capital Management LLC now owns 260,000 shares of the financial services provider’s stock worth $17,399,000 after buying an additional 90,000 shares in the last quarter. United Bank raised its holdings in Citigroup by 25.5% in the 2nd quarter. United Bank now owns 24,014 shares of the financial services provider’s stock worth $1,607,000 after purchasing an additional 4,883 shares in the last quarter. Oxbow Advisors LLC raised its holdings in Citigroup by 5.6% in the 2nd quarter. Oxbow Advisors LLC now owns 63,812 shares of the financial services provider’s stock worth $4,270,000 after purchasing an additional 3,370 shares in the last quarter. Rock Point Advisors LLC raised its holdings in Citigroup by 3.8% in the 2nd quarter. Rock Point Advisors LLC now owns 176,317 shares of the financial services provider’s stock worth $11,799,000 after purchasing an additional 6,440 shares in the last quarter. Finally, Mutual of America Capital Management LLC raised its holdings in Citigroup by 2.2% in the 2nd quarter. Mutual of America Capital Management LLC now owns 415,436 shares of the financial services provider’s stock worth $27,801,000 after purchasing an additional 8,842 shares in the last quarter. Hedge funds and other institutional investors own 72.67% of the company’s stock.

C traded down $0.15 on Tuesday, reaching $55.46. The company’s stock had a trading volume of 18,063,845 shares, compared to its average volume of 21,148,318. Citigroup Inc has a 1 year low of $48.42 and a 1 year high of $80.70. The company has a debt-to-equity ratio of 1.32, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market capitalization of $141.69 billion, a P/E ratio of 10.41, a P/E/G ratio of 0.64 and a beta of 1.56.

Citigroup (NYSE:C) last issued its earnings results on Friday, October 12th. The financial services provider reported $1.73 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.66 by $0.07. Citigroup had a positive return on equity of 9.42% and a negative net margin of 4.81%. The business had revenue of $18.39 billion during the quarter, compared to analysts’ expectations of $18.43 billion. During the same quarter last year, the firm posted $1.42 earnings per share. As a group, equities research analysts forecast that Citigroup Inc will post 6.65 earnings per share for the current fiscal year.

Several brokerages recently commented on C. Wolfe Research assumed coverage on shares of Citigroup in a research report on Tuesday, September 25th. They set an “outperform” rating on the stock. Deutsche Bank raised their target price on shares of Citigroup from $76.00 to $82.00 and gave the stock a “buy” rating in a research note on Thursday, September 27th. ValuEngine cut shares of Citigroup from a “hold” rating to a “sell” rating in a research note on Tuesday, October 2nd. Vining Sparks reiterated a “buy” rating and set a $77.00 price objective on shares of Citigroup in a research report on Tuesday, October 9th. Finally, BMO Capital Markets boosted their price target on shares of Citigroup to $92.00 and gave the stock a “market perform” rating in a research report on Monday, October 15th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and sixteen have issued a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $79.52.

WARNING: “AQR Capital Management LLC Has $51.56 Million Position in Citigroup Inc (NYSE:C)” was first published by Fairfield Current and is the property of of Fairfield Current. If you are reading this article on another domain, it was illegally stolen and reposted in violation of US and international trademark & copyright legislation. The legal version of this article can be read at https://www.fairfieldcurrent.com/news/2019/01/09/citigroup-inc-c-shares-sold-by-aqr-capital-management-llc.html.

About Citigroup

Citigroup Inc, a diversified financial services holding company, provides various financial products and services for consumers, corporations, governments, and institutions. The company operates through two segments, Global Consumer Banking (GCB) and Institutional Clients Group (ICG). The GCB segment offers traditional banking services to retail customers through retail banking, commercial banking, Citi-branded cards, and Citi retail services.

Recommended Story: Coverage Ratio

Institutional Ownership by Quarter for Citigroup (NYSE:C)

Receive News & Ratings for Citigroup Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Citigroup and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts

Wells Fargo & Co (NYSE:WFC) Shares Bought by Vanguard Group Inc

Vanguard Group Inc grew its holdings in Wells Fargo & Co (NYSE:WFC) by 0.1% in the 3rd quarter, according to its most recent 13F filing with the …

Wells Fargo & Co logoVanguard Group Inc grew its holdings in Wells Fargo & Co (NYSE:WFC) by 0.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 326,794,042 shares of the financial services provider’s stock after buying an additional 467,581 shares during the quarter. Wells Fargo & Co comprises 0.7% of Vanguard Group Inc’s investment portfolio, making the stock its 19th biggest holding. Vanguard Group Inc owned 6.70% of Wells Fargo & Co worth $17,176,295,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Barings LLC increased its position in Wells Fargo & Co by 10.0% during the third quarter. Barings LLC now owns 64,021 shares of the financial services provider’s stock worth $3,364,000 after buying an additional 5,800 shares in the last quarter. Rossmore Private Capital increased its position in Wells Fargo & Co by 33.5% during the third quarter. Rossmore Private Capital now owns 28,983 shares of the financial services provider’s stock worth $1,523,000 after buying an additional 7,280 shares in the last quarter. Holistic Financial Partners purchased a new position in Wells Fargo & Co during the third quarter worth $316,000. Marathon Asset Management LLP increased its position in Wells Fargo & Co by 10.1% during the third quarter. Marathon Asset Management LLP now owns 2,263,782 shares of the financial services provider’s stock worth $118,984,000 after buying an additional 207,714 shares in the last quarter. Finally, Brightworth increased its position in Wells Fargo & Co by 8.1% during the third quarter. Brightworth now owns 20,561 shares of the financial services provider’s stock worth $1,081,000 after buying an additional 1,547 shares in the last quarter. 72.97% of the stock is owned by institutional investors and hedge funds.

WFC stock traded down $0.31 during trading on Monday, reaching $47.64. 21,858,031 shares of the stock traded hands, compared to its average volume of 21,870,998. Wells Fargo & Co has a 52-week low of $43.02 and a 52-week high of $66.31. The company has a current ratio of 0.87, a quick ratio of 0.86 and a debt-to-equity ratio of 1.26. The company has a market cap of $233.89 billion, a PE ratio of 11.59, a price-to-earnings-growth ratio of 0.84 and a beta of 1.10.

Wells Fargo & Co (NYSE:WFC) last issued its quarterly earnings data on Friday, October 12th. The financial services provider reported $1.13 EPS for the quarter, missing the Zacks’ consensus estimate of $1.17 by ($0.04). The company had revenue of $21.94 billion for the quarter, compared to analyst estimates of $21.90 billion. Wells Fargo & Co had a return on equity of 12.69% and a net margin of 23.17%. Equities analysts forecast that Wells Fargo & Co will post 4.49 EPS for the current fiscal year.

Wells Fargo & Co declared that its Board of Directors has approved a share buyback program on Tuesday, October 23rd that authorizes the company to buyback 350,000,000 outstanding shares. This buyback authorization authorizes the financial services provider to buy shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

WFC has been the subject of several recent research reports. Robert W. Baird reissued a “buy” rating and set a $59.00 price target on shares of Wells Fargo & Co in a research report on Wednesday, January 2nd. Wolfe Research assumed coverage on Wells Fargo & Co in a research report on Tuesday, September 25th. They set an “outperform” rating for the company. Zacks Investment Research downgraded Wells Fargo & Co from a “hold” rating to a “sell” rating in a research report on Tuesday, September 18th. UBS Group set a $63.00 price objective on Wells Fargo & Co and gave the company a “buy” rating in a research report on Friday, September 28th. Finally, ValuEngine raised Wells Fargo & Co from a “sell” rating to a “hold” rating in a research report on Tuesday, October 16th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and fourteen have given a buy rating to the company’s stock. Wells Fargo & Co currently has an average rating of “Buy” and an average price target of $62.03.

WARNING: This report was first reported by Fairfield Current and is owned by of Fairfield Current. If you are accessing this report on another website, it was stolen and republished in violation of United States & international trademark and copyright legislation. The legal version of this report can be viewed at https://www.fairfieldcurrent.com/news/2019/01/07/vanguard-group-inc-has-17-18-billion-holdings-in-wells-fargo-co-wfc.html.

Wells Fargo & Co Company Profile

Wells Fargo & Company, a diversified financial services company, provides retail, commercial, and corporate banking services to individuals, businesses, and institutions. The company’s Community Banking segment offers checking and savings accounts; credit and debit cards; and automobile, student, mortgage, home equity, and small business loans.

Featured Article: What are Bollinger Bands?

Institutional Ownership by Quarter for Wells Fargo & Co (NYSE:WFC)

Receive News & Ratings for Wells Fargo & Co Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Wells Fargo & Co and related companies with MarketBeat.com’s FREE daily email newsletter.

Related Posts:

  • No Related Posts