Citigroup Inc (C): Today's Featured Banking Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Citigroup ( C) pushed the Banking industry lower today making it today's featured Banking laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Citigroup fell $2.71 (-5.4%) to $47.45 on heavy volume. Throughout the day, 112,182,887 shares of Citigroup exchanged hands as compared to its average daily volume of 28,007,100 shares. The stock ranged in price between $47.11-$48.20 after having opened the day at $47.43 as compared to the previous trading day's close of $50.16. Other companies within the Banking industry that declined today were: Southwest Georgia Financial Corporation ( SGB), down 4.9%, MSB Financial Corporation ( MSBF), down 4.8%, Peapack Gladstone Financial Corporation ( PGC), down 4.6% and First BanCorp ( FBP), down 4.4%.

Citigroup Inc., a diversified financial services holding company, provides various financial products and services to consumers, corporations, governments, and institutions. Citigroup has a market cap of $152.8 billion and is part of the financial sector. Shares are down 3.7% year to date as of the close of trading on Wednesday. Currently there are 15 analysts that rate Citigroup a buy, 1 analyst rates it a sell, and 4 rate it a hold.

TheStreet Ratings rates Citigroup as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, attractive valuation levels, increase in stock price during the past year and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Broadway Financial ( BYFC), up 8.5%, Bank Bradesco ( BBDO), up 8.3%, Grupo Financiero Santander Mexico SAB de CV ( BSMX), up 6.4% and Mackinac Financial Corporation ( MFNC), up 6.2% , were all gainers within the banking industry with Wells Fargo ( WFC) being today's featured banking industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the banking industry could consider KBW Bank ETF ( KBE) while those bearish on the banking industry could consider ProShares Short KBW Regional Bankng ( KRS).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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