Citigroup Inc. $C Stock: Integrity Alliance LLC. Decreases Position

Integrity Alliance LLC. reduced its stake in Citigroup Inc. (NYSE:C) by 52.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,368 shares of the company’s stock after selling 7,121 shares during the quarter. Integrity Alliance LLC.’s holdings in Citigroup were worth $825,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Whipplewood Advisors LLC acquired a new stake in shares of Citigroup in the first quarter valued at about $25,000. Paladin Partners LLC purchased a new position in shares of Citigroup during the second quarter valued at approximately $27,000. Balance Wealth Partners LLC purchased a new stake in Citigroup during the 3rd quarter valued at approximately $27,000. IMG Wealth Management Inc. grew its position in shares of Citigroup by 197.6% in the 1st quarter. IMG Wealth Management Inc. now owns 244 shares of the company’s stock worth $28,000 after buying an additional 162 shares during the last quarter. Finally, Scarborough Advisors LLC purchased a new stake in Citigroup during the 1st quarter worth approximately $29,000. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup and DBS are competing to recruit talent for their India operations, including expansion tied to GIFT City. The hiring push points to investment in the region’s growth potential, though the articles do not quantify its expected financial impact. Citigroup, DBS vie for top talent to boost business in India hub
• Positive Sentiment: CEO Jane Fraser said she does not expect the market correction to become deeper or last longer, which may help reassure investors after the recent sell-off. This is a view on the broader market, not a change to Citi’s outlook. Citigroup CEO Jane Fraser on the market correction
• Neutral Sentiment: Citi named Circle its top pick in regulated stablecoins and digital payments. The call reflects Citi’s research activity, but Circle—not Citigroup—is the stock being recommended, so it is not a direct earnings catalyst for C. Citi Names Top Stock in Stablecoin and Digital Payments Space
• Negative Sentiment: Citigroup shares had a sharp decline in the prior session amid a volatile market. The broader backdrop remains uncertain, with post-election policy potentially slowing bank deregulation and increasing scrutiny of financial firms. Citigroup’s recent price decline Midterm election results and financial stocks
• Negative Sentiment: Citi’s strategists say the AI trade could remain under pressure and currently favor European equities over U.S. stocks. That cautious view may weigh on broader market sentiment, though it is not specific to Citi’s own fundamentals. Citi explains why the AI trade may remain under pressure

Analyst Ratings Changes

Several research firms have weighed in on C. HSBC assumed coverage on shares of Citigroup in a research note on Monday, September 28th. They set a “buy” rating and a $164.00 target price for the company. Loop Capital set a $155.00 price target on shares of Citigroup in a report on Tuesday, October 13th. UBS Group set a $148.00 price objective on Citigroup in a research note on Wednesday, October 14th. Royal Bank Of Canada dropped their target price on Citigroup from $150.00 to $135.00 and set an “outperform” rating on the stock in a report on Wednesday, October 14th. Finally, JPMorgan Chase & Co. boosted their price objective on Citigroup from $147.00 to $148.50 and gave the stock an “overweight” rating in a research note on Friday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Citigroup has an average rating of “Moderate Buy” and an average target price of $150.87.

Citigroup Trading Up 0.6%

NYSE C opened at $119.16 on Friday. 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 52 week low of $95.83 and a 52 week high of $147.96. The stock has a market capitalization of $203.24 billion, a price-to-earnings ratio of 11.63, a PEG ratio of 0.54 and a beta of 1.18. The stock’s 50 day moving average price is $128.92 and its two-hundred day moving average price is $126.60.

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

Citigroup Dividend Announcement

The company also recently announced 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 presently 26.15%.

About Citigroup

Citigroup Inc is a global financial services company headquartered in New York City. Founded in 1812 as the City Bank of New York, it has grown into an international banking organization serving individuals, businesses, governments and institutions.

The company provides consumer banking and wealth management services, including deposits, lending, credit cards and investment services. For corporate and institutional clients, Citi offers transaction banking, treasury and trade solutions, securities services, investment banking, and markets and financing services.

Citi serves clients across the United States and a broad range of international markets, drawing on its global network to support cross-border business and financial activity.