State Street Corp is the third biggest owner of Citigroup Inc. (C)

Citigroup Inc. (NYSE:C) enjoyed a 23.39% run-up in share price since hitting record low of $57.55. The stock managed -1.55% fall and now stands at $71.01 as of 04/13/2018. At recent session, the prices were hovering between $69.83 and $73.38. This company shares are 17.46% off its target price of $83.41 and the current market capitalization stands at $192.18B. The recent change has given its price a -3.22% deficit over SMA 50 and -12.01% deficit over its 52-week high. The stock witnessed -3.35% declines, -6.02% declines and -5.24% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found C’s volatility during a week at 2.73% and during a month it has been found around 2.68%.

Citigroup Inc. (C) Top Holders

Institutional investors currently hold around $149.52 billion or 82.1% in C stock. Look at its top three institutional owners. Blackrock Inc. owns $13.53 billion in Citigroup Inc., which represents roughly 7.04% of the company’s market cap and approximately 9.05% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 181,464,512 shares of the stock are valued at $13.09 billion. The third largest holder is State Street Corp, which currently holds $8.83 billion worth of this stock and that ownership represents nearly 4.59% of its market capitalization.

Citigroup Inc. 13F Filings

At the end of 12/31/2017 reporting period, 816 institutional holders increased their position in Citigroup Inc. (NYSE:C) by some 75,588,078 shares, 670 decreased positions by 159,937,792 and 180 held positions by 1,837,355,733. That puts total institutional holdings at 2,072,881,603 shares, according to SEC filings. The stock grabbed 202 new institutional investments totaling 11,880,974 shares while 83 institutional investors sold out their entire positions totaling 14,840,983 shares.

Citigroup Inc. (NYSE:C) Insider Trades

Multiple company employees have indulged in significant insider trading. Citigroup Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that President Forese James A. has sold 6,466 shares of Citigroup Inc. (C) in trading session dated Feb. 27, 2018. These shares are worth $500,662 and were traded at $77.43 each. The SEC filing shows that Fraser Jane Nind performed a sale of 32,400 shares. The CEO, Latin America disposed these shares by way of transaction on Feb. 27, 2018. The company’s shares were given away at $77.56 per share worth to an income of some $2,512,944 on account of Fraser Jane Nind.

CFO, Gerspach John C, sold 7,000 common shares of Citigroup Inc. (C) in the open market. In a transaction dated Feb. 27, 2018, the shares were put up for sale at an average price of $77.56, raking in a sum of $542,920. After this sale, 383,060 common shares of C are directly owned by the insider, with total stake valued at $27,201,091.

In the transaction dated Feb. 27, 2018, the great number of shares disposed came courtesy the CHIEF RISK OFFICER; Hu W. Bradford disposed a total of 8,010 shares at an average price of $76.38, amounting to approximately $611,804. The insider now directly owns 74,406 shares worth $5,283,570.

Citigroup Inc. (C) Analyst Guide

Several analysts have released their opinion on Citigroup Inc. (NYSE:C), with 11 analysts believing it is a strong buy. Whereas 5 of them predict the stock is a hold. Also, there are 1 buy, 0 sell and 1 strong sell ratings, collectively assigning a 1.83 average brokerage recommendation.

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