5 Best Value Stocks to Buy Now

3. Citigroup Inc. (NYSE:C)

Number of Hedge Fund Holders: 82

PE Ratio (As of September 22) : 5.92

Based in New York, Citigroup Inc. (NYSE:C) is an American multinational investment bank and financial services corporation and is the third largest banking institution in the U.S.

The company’s efficiency ratio increased from 63.37% in Q4 2021 to 70.71% in Q2 2022. The company’s total assets are expected to increase with a CAGR of 2.5% in the next ten years and though the stock is currently priced at $45.58 as of September 22, the stock valuation using the FCFE model shows the stock is worth more than $65 per share.

Here is what Diamond Hill Capital had to say about Citigroup Inc. (NYSE:C) in their Q1 2022 investor letter:

“Shares of Citigroup declined in the quarter as investors became increasingly negative on capital markets activity. The company is also continuing to divest certain consumer banking geographies which may be dilutive to earnings in the near term.”