Fulton Bank continued to hold its stake in Citigroup Inc. (NYSE:C) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,575 shares of the financial services provider’s stock at the end of the fourth quarter. Fulton Bank’s holdings in Citigroup were worth $548,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Nexus Investment Management increased its position in Citigroup by 1.1% in the fourth quarter. Nexus Investment Management now owns 329,000 shares of the financial services provider’s stock worth $17,026,000 after buying an additional 3,500 shares in the last quarter. Kistler-Tiffany Companies increased its position in Citigroup by 55.2% in the fourth quarter. Kistler-Tiffany Companies now owns 5,174 shares of the financial services provider’s stock worth $273,000 after buying an additional 1,840 shares in the last quarter. Detwiler Fenton Investment Management purchased a new position in Citigroup during the fourth quarter worth about $232,000. Kempner Capital Management increased its position in Citigroup by 42.5% in the fourth quarter. Kempner Capital Management now owns 95,910 shares of the financial services provider’s stock worth $4,963,000 after buying an additional 28,590 shares in the last quarter. Finally, Janus Capital Management increased its position in Citigroup by 7.4% in the third quarter. Janus Capital Management now owns 3,401,825 shares of the financial services provider’s stock worth $168,771,000 after buying an additional 234,942 shares in the last quarter.

Citigroup Inc. (NYSE:C) traded up 5.42% during mid-day trading on Friday, hitting $42.58. 36,106,931 shares of the stock were exchanged. The stock has a 50 day moving average of $47.91 and a 200-day moving average of $52.57. The stock has a market cap of $125.75 billion and a price-to-earnings ratio of 7.88. Citigroup Inc. has a 52-week low of $39.44 and a 52-week high of $60.95.

Citigroup (NYSE:C) last posted its earnings results on Thursday, January 21st. The financial services provider reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $1.05 by $0.01. The firm had revenue of $18.50 billion for the quarter. The business’s revenue was up 3.1% on a year-over-year basis. During the same period in the prior year, the company earned $0.06 EPS. Equities analysts predict that Citigroup Inc. will post $5.40 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, February 26th. Stockholders of record on Monday, February 1st will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Thursday, January 28th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.47%.

A number of research firms have recently commented on C. Barclays reiterated a “buy” rating and set a $70.00 target price on shares of Citigroup in a research note on Wednesday, January 20th. Portales Partners upgraded Citigroup from an “underperform” rating to a “sector perform” rating in a research note on Thursday, January 7th. Oppenheimer restated a “buy” rating and issued a $66.00 price objective on shares of Citigroup in a research note on Wednesday. Zacks Investment Research upgraded Citigroup from a “sell” rating to a “hold” rating in a research note on Tuesday, October 13th. Finally, Goldman Sachs lowered their price objective on Citigroup from $61.00 to $60.00 and set a “buy” rating on the stock in a research note on Friday, October 2nd. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating, twenty-one have given a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $60.67.

In other news, CEO Michael Corbat bought 25,000 shares of the stock in a transaction dated Friday, January 22nd. The stock was purchased at an average cost of $41.05 per share, for a total transaction of $1,026,250.00. Following the transaction, the chief executive officer now owns 380,765 shares of the company’s stock, valued at $15,630,403.25. The purchase was disclosed in a filing with the SEC, which can be accessed through this link.

Citigroup Inc. (NYSE:C) is a financial services holding company, whose businesses provide consumers, corporations, governments and institutions with financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services, and wealth management. The Company operates through two primary business segments: Citicorp and Citi Holdings. Citicorp consists of the operating businesses: Global Consumer Banking, which consists of consumer banking in North America, EMEA, Latin America and Asia, and Institutional Clients Group, which includes Banking and Markets and securities services. Citi Holdings contains businesses and portfolios of assets that Citi has determined are not central to its core Citicorp businesses. Citi’s consumer operations, as well as the consumer finance business in Korea and certain businesses in ICG form part of Citi Holdings.

12 Month Chart for NYSE:C

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