Citigroup Inc (NYSE: C) is 16.03% higher on its value in year-to-date trading and has touched a low of $50.51 and a high of $80.45 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 $79.99 in the last trading session, with the day’s gains setting it 1.68%.
Currently trading at $81.67, the stock is 12.01% and 14.61% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 21.03 million and changing 2.10% at the moment leaves the stock 26.97% off its SMA200. C registered 59.79% gain for a year compared to 6-month gain of 25.38%. The firm has a 50-day simple moving average (SMA 50) of $70.9002 and a 200-day simple moving average (SMA200) of $64.2211.
The stock witnessed a 14.83% loss in the last 1 month and extending the period to 3 months gives it a 27.67%, and is 12.23% 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 2.45% over the week and 2.22% over the month.
Citigroup Inc (C) has around 239000 employees, a market worth around $153.30B and $170.99B in sales. Current P/E ratio is 13.72 and Fwd P/E is 8.64. Profit margin for the company is 6.72%. Distance from 52-week low is 61.69% and 1.52% from its 52-week high. The company has generated returns on investments over the last 12 months (2.32%).
with sales reaching $21.29B over the same period.The EPS is expected to grow by 25.39% this year, but quarterly earnings will post 3.57% year-over-year. Quarterly sales are estimated to grow 0.87% in year-over-year returns.
Citigroup Inc (C) Top Institutional Holders
2358.0 institutions hold shares in Citigroup Inc (C), with institutional investors hold 75.85% of the company’s shares. The shares outstanding are 1.94B, and float is at 1.87B with Short Float at 1.95%. Institutions hold 73.49% 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 4.3089% 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).
