MRA Advisory Group Has $1.34 Million Stake in Citigroup Inc. $C

MRA Advisory Group grew its position in Citigroup Inc. (NYSE:C) by 338.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,580 shares of the company’s stock after purchasing an additional 7,393 shares during the period. MRA Advisory Group’s holdings in Citigroup were worth $1,341,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. Mcguire Capital Advisors Inc. acquired a new position in Citigroup during the 4th quarter worth approximately $25,000. Whipplewood Advisors LLC acquired a new stake in shares of Citigroup in the first quarter valued at approximately $25,000. Richards Merrill & Peterson Inc. acquired a new stake in shares of Citigroup in the fourth quarter valued at approximately $28,000. TD Capital Management LLC bought a new stake in shares of Citigroup in the fourth quarter worth $28,000. Finally, IMG Wealth Management Inc. boosted its holdings in Citigroup by 197.6% during the first quarter. IMG Wealth Management Inc. now owns 244 shares of the company’s stock worth $28,000 after purchasing an additional 162 shares during the last quarter. 71.72% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Wells Fargo & Company raised their target price on shares of Citigroup from $162.00 to $165.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Barclays boosted their price target on shares of Citigroup from $146.00 to $154.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Evercore set a $143.00 price objective on shares of Citigroup in a research note on Monday, July 6th. UBS Group decreased their price objective on Citigroup from $150.00 to $142.00 and set a “neutral” rating for the company in a report on Monday. Finally, Zacks Research upgraded Citigroup from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Citigroup currently has an average rating of “Moderate Buy” and an average target price of $145.22.

Citigroup Stock Performance

C opened at $134.95 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. Citigroup Inc. has a 12-month low of $90.68 and a 12-month high of $147.96. The business has a 50 day moving average of $136.81 and a 200-day moving average of $124.83. The stock has a market cap of $230.17 billion, a price-to-earnings ratio of 14.57, a PEG ratio of 0.60 and a beta of 1.12.

Citigroup (NYSE:C) last posted its earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.74 by $0.41. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The business had revenue of $24.77 billion for the quarter, compared to analyst estimates of $23.74 billion. During the same period in the previous year, the firm earned $1.96 EPS. The firm’s revenue was up 14.5% compared to the same quarter last year. On average, equities research analysts expect that Citigroup Inc. will post 11.2 earnings per share for the current year.

Citigroup Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Monday, August 3rd will be issued a $0.67 dividend. This is an increase from Citigroup’s previous quarterly dividend of $0.60. This represents a $2.68 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, August 3rd. Citigroup’s dividend payout ratio is presently 28.94%.

Citigroup announced that its board has initiated a share repurchase program on Thursday, May 7th that authorizes the company to buyback $30.00 billion in shares. This buyback authorization authorizes the company to reacquire up to 13.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is undervalued.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Brokerages collectively assign Citigroup an average “Moderate Buy” rating, reinforcing the bullish case for the common stock. The rating should be viewed cautiously because analyst recommendations can be systematically optimistic. Citigroup Receives Average Rating of Moderate Buy
• Positive Sentiment: Citi raised its third-quarter 2026 Brent crude forecast to $80 per barrel. A higher oil-price outlook could support trading activity and commodities-related client demand, although the unchanged longer-term forecasts suggest the adjustment is limited rather than a major change in strategy. Citi Raises Q3 2026 Brent Crude Oil Forecast
• Neutral Sentiment: Citigroup’s investment-banking and research operations remain active, with the bank maintaining a Buy rating on Micron while lowering its price target because memory-price momentum may peak in 2027. The development does not directly change Citi’s fundamentals but highlights potential market-cycle and client-exposure risks. Micron Stock Slips as Citi Cuts Target
• Negative Sentiment: Citigroup’s preferred shares have recently declined as investors speculate that the bank could redeem the issue. A redemption could eliminate the preferred security’s roughly 10% yield, creating uncertainty for income investors, though the issue is distinct from Citigroup’s common stock. Why Citigroup Preferred’s 10% Yield May Not Last

Citigroup Company Profile

Citigroup Inc is a global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. The modern Citigroup was created through the 1998 merger of Citicorp and Travelers Group and has since operated as a diversified bank holding company that provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.

Citi’s principal businesses include retail and commercial banking, credit card and consumer lending products, wealth management and private banking, and a full suite of institutional services.