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Citigroup Inc. (C) CEO Eugene M Mcquade buys 1,000,000 Shares

August 06, 2009 | About:
gurufocus

CEO, Citibank, N.A. of Citigroup Inc. (C) Eugene M Mcquade buys 1,000,000 shares of C on 08/05/2009 at an average price of $3.41 a share.

Citigroup Inc. the leading global financial services company has some two hundred million customer accounts and does business in more than hundred countries providing consumers corporations governments and institutions with a broad range of financial products and services including consumer banking and credit corporate and investment banking securities brokerage and wealth management. Major brand names under Citigroup\'s trademark red umbrella include Citibank CitiFinancial Primerica Smith Barney and Banamex. Citigroup Inc. has a market cap of $19.67 billion; its shares were traded at around $3.58 with and P/S ratio of 0.3. Citigroup Inc. had an annual average earning growth of 5.1% over the past 10 years.

C is in the portfolios of Bill Miller of Legg Mason Value Trust, Bill Nygren of Oak Mark Fund, Richard Pzena of Pzena Investment Management LLC, Edward Lampert of ESL Investments, Dodge & Cox, HOTCHKIS & WILEY of HOTCHKIS & WILEY Capital Management LLC, David Dreman of Dreman Value Management, Charles Brandes of Brandes Investment, Irving Kahn of Kahn Brothers & Company Inc., John Keeley of Keeley Fund Management, Jean-Marie Eveillard of Arnhold & S. Bleichroeder Advisers, LLC, Kenneth Fisher of Fisher Asset Management, LLC, Ruane Cunniff of Ruane & Cunniff & Goldfarb Inc.

Tickers in the article:

  • CEO Buys, CFO Buys: Stocks that are bought by their CEO/CFOs.
  • Insider Cluster Buys: Stocks that multiple company officers and directors have bought.
  • Double Buys:: Companies that both Gurus and Insiders are buying
  • Triple Buys: Companies that both Gurus and Insiders are buying, and Company is buying back.

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