Citigroup Inc. $C Stock Sold by Curated Wealth Partners LLC

Curated Wealth Partners LLC cut its holdings in Citigroup Inc. (NYSE:C) by 98.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 13,172 shares of the company’s stock after selling 1,151,554 shares during the quarter. Curated Wealth Partners LLC’s holdings in Citigroup were worth $1,706,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. State Street Corp grew its position in shares of Citigroup by 3.7% during the 2nd quarter. State Street Corp now owns 80,956,349 shares of the company’s stock worth $11,199,986,000 after buying an additional 2,913,701 shares during the period. Bank of America Corp DE grew its stake in Citigroup by 2.8% in the first quarter. Bank of America Corp DE now owns 26,869,012 shares of the company’s stock valued at $3,047,215,000 after acquiring an additional 728,043 shares during the period. Bank of New York Mellon Corp bought a new position in shares of Citigroup during the 2nd quarter valued at about $3,244,602,000. Invesco Ltd. increased its stake in Citigroup by 6.2% during the 4th quarter. Invesco Ltd. now owns 15,139,403 shares of the company’s stock worth $1,766,617,000 after purchasing an additional 887,430 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Citigroup by 10.7% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,467,857 shares of the company’s stock worth $1,745,001,000 after acquiring an additional 1,210,006 shares during the period. Institutional investors own 71.72% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Oppenheimer lowered Citigroup from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 30th. TD Cowen dropped their target price on Citigroup from $150.00 to $148.00 and set a “buy” rating on the stock in a report on Wednesday. Loop Capital set a $155.00 target price on shares of Citigroup in a report on Tuesday. Wall Street Zen cut shares of Citigroup from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Finally, Evercore set a $135.00 price objective on Citigroup in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $150.79.

Citigroup Stock Performance

NYSE C traded down $0.11 during trading on Thursday, reaching $122.16. The company’s stock had a trading volume of 5,011,478 shares, compared to its average volume of 12,435,379. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.78. Citigroup Inc. has a 12 month low of $95.00 and a 12 month high of $147.96. The firm has a 50 day moving average price of $133.16 and a 200 day moving average price of $131.71. The firm has a market capitalization of $208.35 billion, a price-to-earnings ratio of 11.92, a price-to-earnings-growth ratio of 0.55 and a beta of 1.13.

Citigroup (NYSE:C) last released its earnings results on Tuesday, October 13th. The company reported $2.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.66 by $0.19. The company had revenue of $23.84 billion for the quarter, compared to analyst estimates of $23.74 billion. Citigroup had a return on equity of 10.57% and a net margin of 10.97%. Citigroup’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the firm posted $1.86 EPS. As a group, equities analysts anticipate that Citigroup Inc. will post 11.19 EPS for the current fiscal year.

Citigroup Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 3rd were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from Citigroup’s previous quarterly dividend of $0.60. This represents a $2.68 annualized dividend and a yield of 2.2%. Citigroup’s payout ratio is presently 26.15%.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Strong Q3 performance: Citigroup reported $2.85 in EPS versus a $2.66 consensus estimate and $23.85 billion in revenue, up 7.9% year over year. Net income rose roughly 40% to $5.2 billion, helped by Services, investment banking, wealth management, and fixed-income trading. Why Citigroup Stock Is Trading Lower Today
• Positive Sentiment: Improved profitability outlook: Management raised its 2026 return outlook, citing Services growth, AI-driven efficiencies, expense discipline, and capital deployment. The bank also increased its dividend, supporting the shareholder-return case. Citigroup Q3 Earnings Call Highlights
• Positive Sentiment: Potential strategic catalyst: Citigroup is preparing a possible early-2027 IPO of Banamex, its former Mexican consumer-banking business. A successful separation and listing could unlock value and simplify Citi’s operations. Banamex Leadership Pitches Turnaround

About Citigroup

Citigroup Inc is a global financial services company headquartered in New York City and listed on the New York Stock Exchange under the symbol C. Through its subsidiaries and businesses, Citi provides banking, lending, investment, payments, wealth management and other financial services to consumers, businesses, governments and institutional clients.

Citi’s principal businesses include Services, which supports institutional clients with treasury, trade, securities services and related solutions; Markets, which provides sales, trading, research and financing services; Banking, which offers investment banking and corporate banking; and Wealth, which provides private banking and wealth management.