Citigroup Inc. $C Stock Bought by Parcion Private Wealth LLC

Parcion Private Wealth LLC raised its stake in Citigroup Inc. (NYSE:C) by 48.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 13,126 shares of the company’s stock after buying an additional 4,296 shares during the quarter. Parcion Private Wealth LLC’s holdings in Citigroup were worth $1,700,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Partners Wealth Management LLC acquired a new position in shares of Citigroup in the 3rd quarter worth approximately $227,000. Founders Financial Securities LLC acquired a new stake in Citigroup in the 3rd quarter valued at approximately $307,000. United Asset Strategies Inc. increased its holdings in Citigroup by 1.3% in the 3rd quarter. United Asset Strategies Inc. now owns 68,991 shares of the company’s stock valued at $8,933,000 after purchasing an additional 867 shares during the last quarter. Choreo LLC increased its holdings in Citigroup by 3.3% in the 3rd quarter. Choreo LLC now owns 73,995 shares of the company’s stock valued at $9,581,000 after purchasing an additional 2,398 shares during the last quarter. Finally, Interchange Capital Partners LLC raised its position in Citigroup by 13.1% in the third quarter. Interchange Capital Partners LLC now owns 5,777 shares of the company’s stock valued at $748,000 after purchasing an additional 667 shares during the period. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Debt redemption may improve funding flexibility. Citibank, N.A., Citigroup’s principal banking subsidiary, announced the full redemption of $2 billion of 5.488% notes due 2026 and $500 million of floating-rate notes due 2026. Retiring the obligations could reduce future interest expense and refinancing needs, although it also uses $2.5 billion of cash. Citibank Announces $2 Billion Redemption of Notes
• Positive Sentiment: Recent operating trends remain supportive. Citigroup’s latest reported quarter exceeded consensus estimates on earnings and revenue, while management raised its 2026 return-on-tangible-common-equity target above 11%, improved its net-interest-income outlook, increased the dividend and authorized a new $30 billion buyback. These measures provide potential support for earnings per share and shareholder returns. Citigroup Could Be Undervalued
• Neutral Sentiment: Options activity signals volatility, not direction. Recent options-market activity indicates traders are positioning for a potentially large move in C stock, but the available report does not establish whether investors are predominantly bullish or bearish. Options Traders Betting on a Big Move in Citigroup Stock
• Negative Sentiment: Technical weakness is offsetting the fundamental positives. Shares remain below both their 50-day and 200-day moving averages after a recent pullback. That positioning can encourage short-term selling and profit-taking, particularly while investors await a clearer catalyst beyond the buyback, dividend and guidance upgrades.

Citigroup Trading Down 2.5%

NYSE C opened at $122.62 on Friday. The firm has a 50 day simple moving average of $130.02 and a 200-day simple moving average of $126.44. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.99 and a current ratio of 1.00. Citigroup Inc. has a one year low of $95.83 and a one year high of $147.96. The firm has a market cap of $209.14 billion, a price-to-earnings ratio of 11.96, a PEG ratio of 0.54 and a beta of 1.13.

Citigroup (NYSE:C) last announced its earnings results on Tuesday, October 13th. The company reported $2.85 earnings per share for the quarter, topping the consensus estimate of $2.66 by $0.19. Citigroup had a net margin of 10.97% and a return on equity of 10.57%. The firm had revenue of $23.84 billion for the quarter, compared to the consensus estimate of $23.74 billion. During the same period in the prior year, the firm earned $1.86 EPS. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. Equities research analysts anticipate that Citigroup Inc. will post 11.44 EPS for the current fiscal year.

Citigroup Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Monday, November 2nd will be given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Monday, November 2nd. Citigroup’s dividend payout ratio (DPR) is currently 26.15%.

Analyst Ratings Changes

A number of research analysts have commented on the company. TD Cowen decreased their price target on Citigroup from $150.00 to $148.00 and set a “buy” rating on the stock in a research note on Wednesday, October 14th. Weiss Ratings lowered Citigroup from a “buy (b+)” rating to a “buy (b)” rating in a research report on Friday, October 2nd. Zacks Research cut Citigroup from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Loop Capital set a $155.00 price objective on Citigroup in a report on Tuesday, October 13th. Finally, HSBC initiated coverage on Citigroup in a report on Monday, September 28th. They issued a “buy” rating and a $164.00 price objective on the stock. One 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 stock. According to data from MarketBeat, Citigroup has a consensus rating of “Moderate Buy” and an average price target of $150.87.

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.