Hedge Funds Love These 5 Value Stocks

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In this article, we discuss the 5 value stocks hedge funds love. If you want to read our detailed review of these stocks and the latest market situation, go directly to Hedge Funds Love These 10 Value Stocks.

5. Citigroup Inc. (NYSE:C)

Number of Hedge Fund Holders: 88

PE Ratio: 6.15

Citigroup Inc. (NYSE:C) is a financial services company based in New York. Oppenheimer analyst Chris Kotowski in early May noted that loan growth and rising interest rates present a good stimulus for the banking industry, and that investors should take advantage of the recent share price weakness. He kept an ‘Outperform’ rating on Citigroup Inc. (NYSE:C) shares and revised the price target to $93 from $100.

As of May 25, Citigroup Inc. (NYSE:C) offers its shareholders an impressive dividend yield of 3.87%. The company beat EPS estimates for the first quarter by $0.61. The revenue generated over Q1 2022 stood at $19.19 billon, above market estimates by $1.07 billion.

Out of the 912 hedge funds tracked by Insider Monkey at the close of the first quarter, Citigroup Inc. (NYSE:C) stock was held by 88 hedge funds with an aggregate value of $8.11 billion. Warren Buffett’s Berkshire Hathaway was by far the leading shareholder of Citigroup Inc. (NYSE:C) at the end of the first quarter, with a $2.94 billion stake consisting of more than 55 million shares.


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