12,647 Citigroup Inc. $C Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its holdings in shares of Citigroup Inc. (NYSE:C) by 8.3% in the third quarter, HoldingsChannel reports. The institutional investor owned 164,658 shares of the company’s stock after purchasing an additional 12,647 shares during the quarter. Kestra Advisory Services LLC’s holdings in Citigroup were worth $21,320,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of C. Whipplewood Advisors LLC acquired a new stake in Citigroup during the 1st quarter worth $25,000. Bfsg LLC raised its position in shares of Citigroup by 130.7% during the 3rd quarter. Bfsg LLC now owns 203 shares of the company’s stock valued at $26,000 after acquiring an additional 115 shares during the last quarter. Paladin Partners LLC acquired a new position in shares of Citigroup in the 2nd quarter valued at $27,000. Balance Wealth Partners LLC acquired a new position in shares of Citigroup in the 3rd quarter valued at $27,000. Finally, IMG Wealth Management Inc. lifted its stake in shares of 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. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Citigroup Stock Up 0.6%

Shares of NYSE:C opened at $119.16 on Friday. The company has a 50 day moving average price of $128.92 and a two-hundred day moving average price of $126.60. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.99 and a current ratio of 1.00. The company has a market capitalization of $203.24 billion, a PE ratio of 11.63, a PEG ratio of 0.52 and a beta of 1.18. Citigroup Inc. has a 52 week low of $95.83 and a 52 week high of $147.96.

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

Citigroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Monday, November 2nd will be paid a dividend of $0.67 per share. 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%.

Wall Street Analyst Weigh In

C has been the subject of a number of analyst reports. Weiss Ratings cut Citigroup from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, October 2nd. Zacks Research downgraded Citigroup from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. TD Cowen cut their target price on Citigroup from $150.00 to $148.00 and set a “buy” rating on the stock in a research note on Wednesday, October 14th. JPMorgan Chase & Co. raised their target price on Citigroup from $147.00 to $148.50 and gave the stock an “overweight” rating in a report on Friday, October 30th. Finally, UBS Group set a $148.00 target price on Citigroup in a research report on Wednesday, October 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $150.87.

Key Stories Impacting Citigroup

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

Citigroup Company Profile

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.