Park Avenue Securities LLC Acquires 8,740 Shares of Citigroup Inc. $C

Park Avenue Securities LLC grew its holdings in Citigroup Inc. (NYSE:C) by 10.1% during the third quarter, HoldingsChannel.com reports. The firm owned 95,269 shares of the company’s stock after acquiring an additional 8,740 shares during the quarter. Park Avenue Securities LLC’s holdings in Citigroup were worth $9,670,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the stock. Brighton Jones LLC boosted its position in Citigroup by 166.9% in the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock valued at $1,407,000 after buying an additional 12,499 shares during the period. Arete Wealth Advisors LLC raised its stake in shares of Citigroup by 19.7% during the first quarter. Arete Wealth Advisors LLC now owns 13,660 shares of the company’s stock valued at $904,000 after acquiring an additional 2,249 shares in the last quarter. Empowered Funds LLC boosted its holdings in shares of Citigroup by 15.9% in the first quarter. Empowered Funds LLC now owns 56,342 shares of the company’s stock valued at $4,000,000 after purchasing an additional 7,735 shares during the period. Woodline Partners LP grew its stake in Citigroup by 39.6% in the first quarter. Woodline Partners LP now owns 158,587 shares of the company’s stock worth $11,258,000 after purchasing an additional 45,009 shares in the last quarter. Finally, SCS Capital Management LLC purchased a new position in Citigroup during the 1st quarter worth $299,000. 71.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have weighed in on C. Truist Financial upped their target price on Citigroup from $123.00 to $129.00 and gave the stock a “buy” rating in a report on Tuesday. The Goldman Sachs Group raised their target price on shares of Citigroup from $113.00 to $127.00 and gave the company a “buy” rating in a research report on Tuesday. Bank of America upped their price target on shares of Citigroup from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. TD Cowen lifted their price objective on shares of Citigroup from $105.00 to $110.00 and gave the company a “hold” rating in a report on Wednesday, October 15th. Finally, Oppenheimer lowered their target price on Citigroup from $123.00 to $120.00 and set an “outperform” rating for the company in a report on Wednesday, November 19th. Fourteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, Citigroup currently has a consensus rating of “Moderate Buy” and an average price target of $118.94.

Citigroup Price Performance

NYSE C opened at $121.39 on Thursday. The firm’s fifty day simple moving average is $108.35 and its two-hundred day simple moving average is $99.49. The firm has a market capitalization of $217.19 billion, a P/E ratio of 17.05, a P/E/G ratio of 0.48 and a beta of 1.18. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.62. Citigroup Inc. has a 12-month low of $55.51 and a 12-month high of $124.17.

Citigroup (NYSE:C) last announced its earnings results on Tuesday, October 14th. The company reported $2.24 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.35. Citigroup had a return on equity of 7.91% and a net margin of 8.73%.The firm had revenue of $22.09 billion for the quarter, compared to the consensus estimate of $20.92 billion. During the same period in the previous year, the business earned $1.51 EPS. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. Analysts forecast that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Monday, November 3rd were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Monday, November 3rd. Citigroup’s payout ratio is currently 33.71%.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Strong rally/valuation context — Citi has surged (~65% last year) and recently hit a 52‑week high, reflecting improved investor confidence from strategic exits, easing regulation and a softer rate backdrop; that momentum can lift sentiment and multiple expansion. This Dividend Stock Gained 66% Last Year. Is The 2026 Forecast as Bright?
• Positive Sentiment: Technical/price action — Coverage noting a new 52‑week high underscores momentum that attracts momentum and index/ETF flows, supporting the share price while investors await fundamentals. Citigroup stock hits 52-week high, reaching $122.85
• Neutral Sentiment: Upcoming earnings — Citi is scheduled to report quarterly results next week and Wall Street is modeling earnings growth; upcoming beats or misses could swing the stock materially. Short‑term positioning may be cautious ahead of the print. Citigroup (C) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Strategic fee decisions — Reports that Citi (and JPMorgan) opted out of a large SBI Funds IPO over low fees signal selectivity on fee economics; this has limited near‑term revenue impact but signals discipline on underwriting economics. Citi, JPMorgan opt out of $1.4 billion SBI Funds IPO on low fees
• Negative Sentiment: Client/team loss — Multiple reports show a ~$1.2B ultra‑high‑net‑worth advisory team moved from Citi to Wells Fargo, which is a direct loss of assets under management and recurring fee revenue and may pressure investor sentiment on Citi’s wealth franchise. $1.2B Citigroup Team Jumps to Wells Fargo

Citigroup Company Profile

Citigroup Inc is a global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. The modern Citigroup was created through the 1998 merger of Citicorp and Travelers Group and has since operated as a diversified bank holding company that provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.

Citi’s principal businesses include retail and commercial banking, credit card and consumer lending products, wealth management and private banking, and a full suite of institutional services.