4,415 Shares of Citigroup Inc. $C Bought by Leo Wealth LLC

Leo Wealth LLC purchased a new position in Citigroup Inc. (NYSE:C) during the third quarter, HoldingsChannel.com reports. The fund purchased 4,415 shares of the company’s stock, valued at approximately $572,000.

A number of other large investors also recently modified their holdings of the company. Paladin Partners LLC bought a new stake in Citigroup during the 2nd quarter worth approximately $27,000. Pin Oak Investment Advisors Inc. purchased a new stake in Citigroup in the 2nd quarter worth approximately $29,000. Whipplewood Advisors LLC bought a new position in Citigroup in the 1st quarter valued at $25,000. IMG Wealth Management Inc. boosted its holdings in Citigroup by 197.6% in the 1st quarter. IMG Wealth Management Inc. now owns 244 shares of the company’s stock valued at $28,000 after purchasing an additional 162 shares during the period. Finally, Scarborough Advisors LLC purchased a new position in shares of Citigroup during the 1st quarter valued at $29,000. 71.72% of the stock is currently owned by institutional investors.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Higher 2026 profitability target: Citigroup raised its 2026 return on tangible common equity outlook to above 11%, citing solid revenue growth, improving efficiency and progress in its multiyear transformation. The upgrade reinforces the turnaround thesis and may support higher earnings estimates. Citigroup Lifts 2026 RoTCE Outlook
• Positive Sentiment: China securities expansion: Citigroup received approval from China’s securities regulator to establish a wholly owned onshore securities business. The unit is expected to offer brokerage, underwriting, research and principal-trading services, creating longer-term growth opportunities in China’s capital markets. Citigroup Enters China’s Securities Market
• Positive Sentiment: Card partnership enhanced: Citi and American Airlines announced additional rewards and travel benefits for two AAdvantage credit cards. The changes could improve customer engagement and card spending, although the financial impact is likely gradual. American Airlines and Citi Enhance AAdvantage Cards
• Neutral Sentiment: Retail banking strategy: Citi launched Premium Boost, offering higher savings rates to customers who deepen their relationship with the bank. The program may help attract deposits and cross-sell products, but higher funding costs could weigh on margins. Citi Raises Savings Rates
• Neutral Sentiment: Other reported activity: Citigroup disclosed that its voting interest in Solvay fell below 3%. This appears to be a routine investment disclosure with little direct effect on Citigroup’s earnings or valuation. Citigroup Cuts Stake in Solvay

Citigroup Price Performance

Shares of C opened at $122.71 on Wednesday. Citigroup Inc. has a 1-year low of $95.83 and a 1-year high of $147.96. The company has a market capitalization of $209.29 billion, a P/E ratio of 11.97 and a beta of 1.13. The firm’s 50 day simple moving average is $130.58 and its 200 day simple moving average is $126.38.

Citigroup (NYSE:C) last released its quarterly earnings results on Tuesday, October 13th. The company reported $2.85 EPS for the quarter, topping analysts’ consensus estimates of $2.66 by $0.19. The company had revenue of $23.84 billion during the quarter, compared to analysts’ expectations of $23.74 billion. Citigroup’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the firm earned $1.86 EPS. On average, equities analysts anticipate that Citigroup Inc. will post 11.44 earnings per share for the current year.

Citigroup Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Monday, November 2nd will be issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, November 2nd. Citigroup’s payout ratio is currently 26.15%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on C. UBS Group set a $148.00 price target on shares of Citigroup in a report on Wednesday, October 14th. Oppenheimer lowered Citigroup from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 30th. Keefe, Bruyette & Woods restated an “outperform” rating on shares of Citigroup in a research report on Wednesday, October 14th. Loop Capital set a $155.00 target price on Citigroup in a research report on Tuesday, October 13th. Finally, Wall Street Zen lowered Citigroup from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $150.79.

Citigroup Profile

Citigroup Inc is a global financial services company headquartered in New York City and operates under the Citi brand. The company provides banking, lending, investment, wealth management and other financial services to individuals, businesses, institutions and governments.

Citi’s consumer offerings include checking and savings accounts, credit cards, mortgages, personal lending and wealth management services. Through its institutional businesses, the company provides investment banking, commercial banking, securities brokerage, markets and trading, cash management, trade finance and custody services.