Citigroup Inc. $C Stock: Parcion Private Wealth LLC Raises Position

Parcion Private Wealth LLC boosted its stake in shares of Citigroup Inc. (NYSE:C) by 48.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,126 shares of the company’s stock after purchasing an additional 4,296 shares during the quarter. Parcion Private Wealth LLC’s holdings in Citigroup were worth $1,700,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of C. CFS Investment Advisory Services LLC grew its position in shares of Citigroup by 0.4% during the first quarter. CFS Investment Advisory Services LLC now owns 20,596 shares of the company’s stock worth $2,336,000 after buying an additional 79 shares in the last quarter. Grove Bank & Trust raised its holdings in Citigroup by 1.8% in the third quarter. Grove Bank & Trust now owns 4,549 shares of the company’s stock valued at $589,000 after acquiring an additional 79 shares in the last quarter. American Trust raised its holdings in Citigroup by 3.6% in the second quarter. American Trust now owns 2,331 shares of the company’s stock valued at $326,000 after acquiring an additional 80 shares in the last quarter. Invst LLC raised its holdings in Citigroup by 0.8% in the second quarter. Invst LLC now owns 9,601 shares of the company’s stock valued at $1,344,000 after acquiring an additional 80 shares in the last quarter. Finally, Tsfg LLC lifted its stake in Citigroup by 4.9% in the second quarter. Tsfg LLC now owns 1,701 shares of the company’s stock worth $238,000 after acquiring an additional 80 shares during the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Citigroup Trading Down 2.5%

NYSE:C opened at $122.62 on Friday. Citigroup Inc. has a 1 year low of $95.83 and a 1 year high of $147.96. The stock has a market cap of $209.14 billion, a P/E ratio of 11.96, a P/E/G ratio of 0.54 and a beta of 1.13. 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 stock has a 50-day simple moving average of $130.02 and a 200-day simple moving average of $126.44.

Citigroup (NYSE:C) last issued 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. The business had revenue of $23.84 billion for the quarter, compared to analyst estimates of $23.74 billion. Citigroup had a return on equity of 10.57% and a net margin of 10.97%. The business’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter last year, the company earned $1.86 EPS. As a group, analysts anticipate that Citigroup Inc. will post 11.44 earnings per share for the current fiscal year.

Citigroup Announces Dividend

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

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.

Analyst Ratings Changes

A number of research analysts recently issued reports on C shares. Evercore set a $135.00 price target on shares of Citigroup in a research note on Wednesday, October 14th. Zacks Research downgraded shares of Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. Bank of America raised their price objective on shares of Citigroup from $170.00 to $176.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. UBS Group set a $148.00 price objective on shares of Citigroup in a research report on Wednesday, October 14th. Finally, Argus set a $150.00 price objective on shares of Citigroup in a research report on Wednesday, July 15th. One 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, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $150.87.

Citigroup Company 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.