Citigroup Inc. $C Shares Sold by Formuepleje A S

Formuepleje A S cut its holdings in Citigroup Inc. (NYSE:C) by 8.7% in the third quarter, HoldingsChannel reports. The firm owned 51,568 shares of the company’s stock after selling 4,905 shares during the period. Formuepleje A S’s holdings in Citigroup were worth $6,677,000 as of its most recent SEC filing.

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

Citigroup Price Performance

NYSE C traded up $0.11 during trading on Thursday, reaching $122.38. 5,011,478 shares of the company traded hands, compared to its average volume of 12,435,379. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.99 and a current ratio of 1.00. The stock’s 50 day moving average price is $133.16 and its two-hundred day moving average price is $131.71. The company has a market cap of $208.73 billion, a price-to-earnings ratio of 11.92, a P/E/G ratio of 0.55 and a beta of 1.13. Citigroup Inc. has a 1-year low of $95.00 and a 1-year high of $147.96.

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

Citigroup Increases Dividend

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

Key Stories 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

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on C shares. Royal Bank Of Canada cut their target price on Citigroup from $150.00 to $135.00 and set an “outperform” rating for the company in a research note on Wednesday. HSBC began coverage on Citigroup in a research report on Monday, September 28th. They issued a “buy” rating and a $164.00 target price for the company. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Citigroup in a research note on Wednesday. Truist Financial lowered their price target on shares of Citigroup from $158.00 to $154.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th. Finally, Oppenheimer cut shares of Citigroup from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $150.79.

Citigroup Company Profile

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.