Citigroup Inc (NYSE: C) is 32.48% higher on its value in year-to-date trading and has touched a low of $43.10 and a high of $70.20 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The C stock was last observed hovering at around $68.89 in the last trading session, with the day’s loss setting it -0.74%.
Currently trading at $68.15, the stock is 4.45% and 8.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.02 million and changing -1.07% at the moment leaves the stock 11.31% off its SMA200. C registered 53.63% gain for a year compared to 6-month gain of 6.25%. The firm has a 50-day simple moving average (SMA 50) of $63.019 and a 200-day simple moving average (SMA200) of $61.226.
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The stock witnessed a 6.07% loss in the last 1 month and extending the period to 3 months gives it a 10.99%, and is 0.06% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.75% over the week and 2.08% over the month.
Citigroup Inc (C) has around 239000 employees, a market worth around $128.89B and $170.78B in sales. Current P/E ratio is 19.68 and Fwd P/E is 9.45. Profit margin for the company is 3.92%. Distance from 52-week low is 58.12% and -2.92% from its 52-week high. The company has generated returns on investments over the last 12 months (1.31%).
The EPS is expected to grow by 43.58% this year
2343.0 institutions hold shares in Citigroup Inc (C), with institutional investors hold 76.26% of the company’s shares. The shares outstanding are 1.90B, and float is at 1.89B with Short Float at 1.62%. Institutions hold 73.88% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 167.92 million shares valued at $10.66 billion. The investor’s holdings represent 8.802 of the C Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 159.57 million shares valued at $10.13 billion to account for 8.3528 of the shares outstanding. The other top investors are STATE STREET CORP which holds 82.2 million shares representing 4.3028 and valued at over $5.22 billion, while BERKSHIRE HATHAWAY INC holds 2.8959 of the shares totaling 55.24 million with a market value of $3.51 billion.
Citigroup Inc (C) Insider Activity
The most recent transaction is an insider sale by Henry Peter B., the company’s Director. SEC filings show that Henry Peter B. sold 13,000 shares of the company’s common stock on Nov 11 ’24 at a price of $69.97 per share for a total of $0.91 million. Following the sale, the insider now owns 3023.0 shares.
Still, SEC filings show that on Aug 20 ’24, LUCHETTI GONZALO (Head of U.S. Personal Banking) disposed off 13,254 shares at an average price of $61.59 for $0.82 million. The insider now directly holds 88,966 shares of Citigroup Inc (C).
