4,600 Citigroup Inc. $C Shares Sold by Compass Financial Management LLC

Compass Financial Management LLC lowered its stake in Citigroup Inc. (NYSE:C) by 70.4% during the 3rd quarter, Holdings Channel reports. The firm owned 1,931 shares of the company’s stock after selling 4,600 shares during the quarter. Compass Financial Management LLC’s holdings in Citigroup were worth $250,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of C. State Street Corp lifted its holdings in Citigroup by 3.7% in the 2nd quarter. State Street Corp now owns 80,956,349 shares of the company’s stock valued at $11,199,986,000 after purchasing an additional 2,913,701 shares in the last quarter. Bank of America Corp DE lifted its holdings in Citigroup by 2.8% in the 1st quarter. Bank of America Corp DE now owns 26,869,012 shares of the company’s stock valued at $3,047,215,000 after acquiring an additional 728,043 shares during the last quarter. Bank of New York Mellon Corp bought a new position in shares of Citigroup during the 2nd quarter valued at $3,244,602,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of Citigroup by 10.7% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,467,857 shares of the company’s stock valued at $1,745,001,000 after acquiring an additional 1,210,006 shares in the last quarter. Finally, Amundi increased its holdings in Citigroup by 3.2% in the first quarter. Amundi now owns 12,126,823 shares of the company’s stock valued at $1,375,303,000 after purchasing an additional 374,840 shares during the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Citigroup Price Performance

Shares of C opened at $119.16 on Friday. The firm has a market capitalization of $203.24 billion, a PE ratio of 11.63, a price-to-earnings-growth ratio of 0.54 and a beta of 1.18. Citigroup Inc. has a 1-year low of $95.83 and a 1-year high of $147.96. The company’s fifty day moving average price is $128.92 and its 200-day moving average price is $126.60. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.00 and a quick ratio of 0.99.

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

Citigroup Dividend Announcement

The business also recently disclosed 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. The ex-dividend date of this dividend is Monday, November 2nd. This represents a $2.68 annualized dividend and a yield of 2.2%. Citigroup’s dividend payout ratio (DPR) is 26.15%.

More Citigroup News

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 Upgrades and Downgrades

Several research firms have weighed in on C. UBS Group set a $148.00 target price on Citigroup in a research note on Wednesday, October 14th. TD Cowen decreased their target price on shares of Citigroup from $150.00 to $148.00 and set a “buy” rating for the company in a research report on Wednesday, October 14th. Evercore set a $135.00 price objective on shares of Citigroup in a report on Wednesday, October 14th. Truist Financial reduced their price objective on Citigroup from $158.00 to $154.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. Finally, Royal Bank Of Canada cut their target price on shares of Citigroup from $150.00 to $135.00 and set an “outperform” rating for the company in a research report on Wednesday, October 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $150.87.

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.