5 Best Bank Stocks To Buy Now

4. Citigroup, Inc. (NYSE:C)

Number of Hedge Fund Holders: 87

Citigroup, Inc. (NYSE:C) is an multinational investment banking and financial services corporation. Operating in the diversified banks industry, the New York-based company ranks fourth on our list of the 15 best bank stocks to buy now.

In the second quarter of 2021, Citigroup Inc. (NYSE: C) had earnings per share of $2.84, beating estimates by $0.95. The company’s revenue for the quarter amounted to $17.47 billion, surpassing market estimates by $273.99 million.

By the end of the second quarter of 2021, 87 hedge funds out of the 873 tracked by Insider Monkey held stakes in Citigroup, Inc. (NYSE:C) worth roughly $6.1 billion. This is compared to 90 hedge funds in the previous quarter with a total stake value of approximately $6.9 billion.

This July, Keefe Bruyette analyst David Konrad assumed coverage of Citigroup, Inc. (NYSE:C) with an Outperform rating and $85 price target.