Integrated Wealth Concepts LLC Sells 10,009 Shares of Citigroup Inc. $C

Integrated Wealth Concepts LLC decreased its position in Citigroup Inc. (NYSE:C) by 7.0% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 133,986 shares of the company’s stock after selling 10,009 shares during the period. Integrated Wealth Concepts LLC’s holdings in Citigroup were worth $18,753,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of C. Paladin Partners LLC bought a new position in shares of Citigroup in the 2nd quarter worth about $27,000. Pin Oak Investment Advisors Inc. bought a new stake in shares of Citigroup during the 2nd quarter valued at about $29,000. Mcguire Capital Advisors Inc. bought a new stake in shares of Citigroup during the 4th quarter valued at about $25,000. Whipplewood Advisors LLC acquired a new stake in Citigroup during the first quarter worth approximately $25,000. Finally, TD Capital Management LLC acquired a new stake in Citigroup during the fourth quarter worth approximately $28,000. Institutional investors own 71.72% of the company’s stock.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Private-bank expansion: Citi Private Bank hired Teresa Radzinski from Bank of America to strengthen relationships with ultra-high-net-worth clients. The move could support growth in deposits, lending and wealth-management fees. Citi Private Bank hires Radzinski from Bank of America
• Positive Sentiment: Tokenized deposits: Citi plans to introduce a tokenized-deposit service for Japanese businesses, extending its blockchain-based payments capabilities into a major corporate market. The initiative could create new transaction revenue and improve payment efficiency, although commercial benefits may take time to develop. Citi plans to bring tokenized deposit service to Japanese businesses
• Positive Sentiment: Cross-border payments milestone: Citi and DBS completed a live Singapore-to-U.S. dollar payment using tokenized bank deposits and SWIFT’s blockchain-based Digital Ledger. The transaction reinforces Citi’s positioning in faster, around-the-clock institutional payments. DBS and Citi bring 24/7 tokenized dollar payments to SWIFT’s blockchain ledger
• Positive Sentiment: Bullish investment view: A Wall Street-focused analysis highlighted Citi’s restructuring progress and argued that the stock’s valuation has not fully reflected the improvement. Such commentary may reinforce investor confidence in management’s turnaround strategy. Citigroup’s restructuring is working, and valuation has not caught up
• Neutral Sentiment: Citi hosted presentations from biotechnology companies at its 2026 Biopharma Back to School Summit. The event supports Citi’s investment-banking and research franchise but is unlikely to materially affect near-term earnings. Seaport Therapeutics presents at Citi’s Biopharma Back to School Summit

Citigroup Stock Performance

Shares of Citigroup stock opened at $137.91 on Thursday. Citigroup Inc. has a one year low of $93.66 and a one year high of $147.96. The firm has a market capitalization of $235.21 billion, a price-to-earnings ratio of 14.89, a PEG ratio of 0.62 and a beta of 1.12. The business has a 50-day simple moving average of $135.05 and a 200 day simple moving average of $128.02. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.99.

Citigroup (NYSE:C) last posted its quarterly 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. The business had revenue of $24.77 billion for the quarter, compared to the consensus estimate of $23.74 billion. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.96 EPS. On average, research analysts anticipate that Citigroup Inc. will post 11.21 earnings per share for the current fiscal year.

Citigroup Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 3rd were given 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 dividend on an annualized basis and a dividend yield of 1.9%. Citigroup’s payout ratio is currently 28.94%.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Argus set a $150.00 target price on Citigroup in a report on Wednesday, July 15th. Zacks Research upgraded Citigroup from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 16th. Morgan Stanley raised their price objective on shares of Citigroup from $154.00 to $164.00 and gave the stock an “overweight” rating in a research report on Monday, June 29th. Wells Fargo & Company lifted their price objective on shares of Citigroup from $162.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Citigroup from $135.50 to $149.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Two 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 stock. According to data from MarketBeat, Citigroup has a consensus rating of “Moderate Buy” and a consensus price target of $145.22.

Citigroup Profile

Citigroup Inc (NYSE:C) is a global financial services company headquartered in New York City. Through its businesses, Citi provides banking, lending, credit card, wealth management, investment banking, securities, markets and treasury services to individuals, businesses, financial institutions and governments.

The company’s operations include U.S. Personal Banking, which offers consumer banking, credit cards and lending products; Wealth Management, which serves affluent and high-net-worth clients; and its Institutional Clients Group, which provides investment banking, corporate banking, markets, securities services and transaction banking.