Published: Sat, April 14, 2018
Markets | By Noel Gibbs

Citigroup Earnings Results For Q1 2018 Boost Stock

Citigroup Earnings Results For Q1 2018 Boost Stock

The topline results for the first quarter rose 3% to $ 18.87 billion from $ 18.37 billion in the same quarter a year ago. Private Advisor Grp Incorporated Ltd Liability Co has 0.14% invested in Citigroup Inc.

Emerging-markets stocks are outperforming their USA counterparts this year, the latest sign that investors' appetite for risk remains robust despite rising trade tensions, according to Wsj. About 13.53 million shares traded. The Citigroup Inc. has 2.71B shares outstanding with 0.1% insider ownership. The stock outperformed the S&P500 by 5.51%. This represents a $0.64 dividend on an annualized basis and a yield of 1.07%. (NYSE:C) or 8,010 shares.

TipRanks reveals mostly bullish attention circling Citigroup shares.

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House of Representatives, called the Postal Reform Act of 2017, HR 756, has also received bipartisan congressional support. The Washington Post reported per-package costs work out to roughly half the standard rate charged by other big shippers.


Among 3 analysts covering Fusion Telecommunications International (NASDAQ:FSNN), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 55% are positive. Since October 16, 2017 according to StockzIntelligence Inc Citigroup has 22 analyst reports. Finally, CLSA reiterated a "buy" rating and issued a $80.00 target price on shares of Citigroup in a research note on Friday, January 13th.

Several equities analysts recently issued reports on C shares.

NYSE:C opened at $71.01 on Friday. The company was maintained on Wednesday, June 7 by Keefe Bruyette & Woods. The stock rating was downgraded by Societe Generale to "Sell" on Monday, October 16. Jefferies has "Buy" rating and $235.0 target. Finally, Wells Fargo set a $95.00 price objective on Citigroup and gave the stock a "buy" rating in a research report on Wednesday, December 20th.

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It is negative, as 90 investors sold SLB shares while 672 reduced holdings. 670 increased holdings while 147 funds took holdings. The difference between the expected and actual EPS was $-0.51/share, which represents an Earnings surprise of -26.2%.


Big Money Sentiment decreased to 1.07 in Q4 2017. Its up 0.17, from 1.1 in 2017Q3. It is negative, as 58 investors sold C shares while 480 reduced holdings. 123 funds acquired stakes and 450 increased stakes. Moreover, Blackrock has 0.66% invested in Citigroup Inc. (NYSE:C) for 61,798 shares. Burt Wealth Advsrs has 250 shares. Its distance from 20-days simple moving average is -2.57 percent, and its distance from 50 days simple moving average is 4.13 percent while it has a distance of 37.03 percent from the 200 days simple moving average. (NYSE:C) for 10,592 shares.

This week, Citigroup Inc. has posted 2.72% result with a current price of $70.47. (NYSE:C). 40,819 were reported by Fagan Associates. The current EPS for the company has recorded at $5.44. The Perf Month is commonly used by stock traders for evaluating the monthly performance of the financial management companies, stakeholders, investors, corporate owners, tycoons and entrepreneur groups in the stock markets. Harris Associates L P now owns 29,561,849 shares of the financial services provider's stock worth $1,396,206,000 after buying an additional 1,210,112 shares in the last quarter. Wall Street Access Asset Mngmt Limited Liability Company accumulated 9,751 shs. Gateway Advisers Lc owns 1.56M shares. Wetherby Asset holds 46,750 shares. Poplar Forest Cap Limited Liability Co holds 793,176 shares or 4.71% of its portfolio. (NYSE:C)'s stock has performed 21.36%. (NYSE:C). New York-based Sanders Capital Llc has invested 5.12% in Citigroup Inc. $500,666 worth of stock was sold by Forese James A. on Tuesday, February 27. On Thursday, November 9 Oppenheimer downgraded Citigroup Inc. 7,000 shares valued at $542,920 were sold by Gerspach John C on Tuesday, February 27. (NYSE:C) on Tuesday, January 16 with "Hold" rating. Hu W. Bradford sold 8,010 shares worth $611,804.

Shares of Citigroup closed Thursday at $72.13, with a consensus analyst price target of $83.89 and a 52-week range of $56.55 to $80.70, Following the announcement, the stock was up less than 2% at $73.44 in early trading indications Friday. On the other hand, the stock performance in the last 21 trading days (one month) was moved of -7.15% and secluded optimistically in last 63 trading days (quarter) of -7.80%. About 100,927 shares traded.

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The Company offered net profit margin of -13.10%.

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