Integrity Financial Corp WA Has $507,000 Holdings in Citigroup Inc. (NYSE:C)

by · The Cerbat Gem

Integrity Financial Corp WA raised its position in shares of Citigroup Inc. (NYSE:C – Free Report) by 58.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,105 shares of the company’s stock after acquiring an additional 3,000 shares during the period. Integrity Financial Corp WA’s holdings in Citigroup were worth $507,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Northwest Investment Counselors LLC bought a new stake in Citigroup in the third quarter valued at $28,000. Allspring Global Investments Holdings LLC boosted its position in Citigroup by 15.4% in the third quarter. Allspring Global Investments Holdings LLC now owns 2,137,232 shares of the company’s stock valued at $133,791,000 after buying an additional 284,814 shares in the last quarter. Vest Financial LLC bought a new position in Citigroup in the 3rd quarter valued at $489,000. Buckley Wealth Management LLC grew its stake in shares of Citigroup by 539.3% during the third quarter. Buckley Wealth Management LLC now owns 22,067 shares of the company’s stock valued at $1,381,000 after purchasing an additional 18,615 shares during the last quarter. Finally, OLD National Bancorp IN raised its position in Citigroup by 8.8% in the 3rd quarter. OLD National Bancorp IN now owns 359,466 shares of the company’s stock worth $22,503,000 after purchasing an additional 28,931 shares during the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on C shares. Morgan Stanley lowered their target price on Citigroup from $86.00 to $82.00 and set an “overweight” rating for the company in a research note on Wednesday, October 16th. Argus lifted their price objective on Citigroup from $70.00 to $72.00 and gave the stock a “buy” rating in a research report on Monday, July 15th. Bank of America upped their target price on shares of Citigroup from $77.00 to $78.00 and gave the company a “buy” rating in a research report on Wednesday, October 16th. Piper Sandler lifted their price target on shares of Citigroup from $70.00 to $73.00 and gave the stock an “overweight” rating in a research report on Monday, July 15th. Finally, Barclays raised their price objective 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. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and eleven have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $71.06.

Check Out Our Latest Report on C

Citigroup Price Performance

NYSE:C opened at $61.84 on Tuesday. The firm’s fifty day moving average price is $61.43 and its two-hundred day moving average price is $61.92. The company has a debt-to-equity ratio of 1.47, a current ratio of 0.94 and a quick ratio of 0.94. The company has a market cap of $117.96 billion, a P/E ratio of 17.32, a P/E/G ratio of 0.74 and a beta of 1.44. Citigroup Inc. has a one year low of $38.17 and a one year high of $67.81.

Citigroup (NYSE:C – Get Free Report) last issued its quarterly earnings data on Tuesday, October 15th. The company reported $1.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.20. The firm had revenue of $20.32 billion during the quarter, compared to the consensus estimate of $19.86 billion. Citigroup had a net margin of 4.95% and a return on equity of 6.26%. The business’s revenue for the quarter was up .9% compared to the same quarter last year. During the same period last year, the business posted $1.52 earnings per share. Equities analysts expect that Citigroup Inc. will post 5.76 earnings per share for the current year.

About Citigroup

(Free Report)

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.

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