$1.66 EPS Expected for Citigroup Inc. (C)

September 16, 2018 - By Alicia Butler

Citigroup Inc. (NYSE:C) LogoInvestors sentiment increased to 1.02 in 2018 Q2. Its up 0.13, from 0.89 in 2018Q1. It is positive, as 74 investors sold Citigroup Inc. shares while 455 reduced holdings. 108 funds opened positions while 433 raised stakes. 1.86 billion shares or 2.08% less from 1.90 billion shares in 2018Q1 were reported.
Ohio-based Budros Ruhlin Roe has invested 0.09% in Citigroup Inc. (NYSE:C). Mai Cap Mgmt has invested 0.51% in Citigroup Inc. (NYSE:C). Mirae Asset Global Investments Limited accumulated 232,961 shares or 0.21% of the stock. Emerald Advisers Pa accumulated 5,966 shares. Boston holds 1.88% of its portfolio in Citigroup Inc. (NYSE:C) for 23.45 million shares. Hoertkorn Richard Charles accumulated 84,520 shares. Laffer Invs holds 0% of its portfolio in Citigroup Inc. (NYSE:C) for 58,704 shares. 8,711 were reported by Clarivest Asset Mgmt Lc. Cetera Advisor Network Limited accumulated 12,834 shares or 0.04% of the stock. Wilbanks Smith And Thomas Asset Limited accumulated 7,136 shares or 0.04% of the stock. Victory Capital Incorporated holds 0.01% of its portfolio in Citigroup Inc. (NYSE:C) for 38,871 shares. Focused Wealth holds 1.02% of its portfolio in Citigroup Inc. (NYSE:C) for 44,147 shares. Security Trust holds 0.03% or 1,322 shares in its portfolio. Northern Capital has 1.55% invested in Citigroup Inc. (NYSE:C). Rockland Trust Com owns 3,919 shares for 0.03% of their portfolio.

Since May 14, 2018, it had 0 insider purchases, and 2 insider sales for $972,176 activity. 12,966 Citigroup Inc. (NYSE:C) shares with value of $937,571 were sold by Gerspach John C.

Analysts expect Citigroup Inc. (NYSE:C) to report $1.66 EPS on October, 11.They anticipate $0.24 EPS change or 16.90 % from last quarter’s $1.42 EPS. C’s profit would be $4.18B giving it 10.62 P/E if the $1.66 EPS is correct. After having $1.62 EPS previously, Citigroup Inc.’s analysts see 2.47 % EPS growth. The stock increased 0.56% or $0.39 during the last trading session, reaching $70.54. About 9.65M shares traded. Citigroup Inc. (NYSE:C) has risen 2.50% since September 16, 2017 and is uptrending. It has underperformed by 13.12% the S&P500.

Citigroup Inc. (NYSE:C) Ratings Coverage

Among 9 analysts covering Citigroup (NYSE:C), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Citigroup had 13 analyst reports since March 26, 2018 according to SRatingsIntel. Oppenheimer maintained Citigroup Inc. (NYSE:C) rating on Monday, July 16. Oppenheimer has “Outperformer” rating and $91 target. Deutsche Bank upgraded Citigroup Inc. (NYSE:C) on Wednesday, June 20 to “Buy” rating. The stock of Citigroup Inc. (NYSE:C) has “Overweight” rating given on Monday, July 16 by Morgan Stanley. The rating was maintained by Oppenheimer with “Buy” on Monday, March 26. HSBC upgraded the stock to “Buy” rating in Wednesday, April 11 report. As per Sunday, April 15, the company rating was maintained by Jefferies. The rating was maintained by BMO Capital Markets on Friday, April 13 with “Hold”. The firm has “Buy” rating by Vining Sparks given on Friday, April 6. The stock of Citigroup Inc. (NYSE:C) has “Market Perform” rating given on Monday, July 16 by BMO Capital Markets. The rating was upgraded by UBS on Thursday, April 5 to “Buy”.

Citigroup Inc., a diversified financial services holding company, provides various financial services and products for consumers, firms, governments, and institutions worldwide. The company has market cap of $177.52 billion. The firm operates through two divisions, Citicorp and Citi Holdings. It currently has negative earnings. The Citicorp segment offers traditional banking services to retail clients through retail banking, commercial banking, Citi-branded cards, and Citi retail services.

More news for Citigroup Inc. (NYSE:C) were recently published by: Seekingalpha.com, which released: “Citigroup Inc. (C) Barclays Global Financial Services Brokers Conference (Transcript)” on September 12, 2018. Seekingalpha.com‘s article titled: “Citigroup: Buy This Weakness?” and published on September 04, 2018 is yet another important article.

Citigroup Inc. (NYSE:C) Institutional Positions Chart

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