Citigroup Inc. $C Stock Sold by Integrity Alliance LLC.

Integrity Alliance LLC. cut its position in Citigroup Inc. (NYSE:C) by 52.8% in the third quarter, HoldingsChannel.com reports. The firm 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 reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in C. State Street Corp lifted its holdings in shares of Citigroup by 3.7% in the second 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 New York Mellon Corp bought a new position in Citigroup in the 2nd quarter worth about $3,244,602,000. Bank of America Corp DE increased its stake in shares of 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 purchasing an additional 728,043 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted 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 worth $1,745,001,000 after buying an additional 1,210,006 shares during the last quarter. Finally, Amundi increased its stake in Citigroup by 3.2% during the first quarter. Amundi now owns 12,126,823 shares of the company’s stock worth $1,375,303,000 after acquiring an additional 374,840 shares during the last quarter. Institutional investors and hedge funds 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 analysts have issued reports on the stock. Truist Financial dropped their price target on shares of Citigroup from $158.00 to $154.00 and set a “buy” rating on the stock in a research report on Wednesday, July 15th. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Citigroup in a research note on Wednesday, October 14th. UBS Group set a $148.00 price objective on Citigroup in a research note on Wednesday, October 14th. TD Cowen decreased their price objective on Citigroup from $150.00 to $148.00 and set a “buy” rating for the company in a report on Wednesday, October 14th. Finally, Zacks Research downgraded Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 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 company’s stock. According to MarketBeat.com, the stock currently has a consensus 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. Citigroup Inc. has a 12 month low of $95.83 and a 12 month high of $147.96. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.78. The stock’s fifty day moving average price is $128.92 and its 200-day moving average price is $126.60. The stock has a market cap of $203.24 billion, a P/E ratio of 11.63, a P/E/G ratio of 0.54 and a beta of 1.18.

Citigroup (NYSE:C) last announced its quarterly earnings results on Tuesday, October 13th. The company reported $2.85 EPS for the quarter, beating 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 company’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.86 EPS. As a group, equities analysts forecast that Citigroup Inc. will post 11.44 EPS for the current fiscal year.

Citigroup Announces Dividend

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

Citigroup 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.