MRA Advisory Group Acquires 7,393 Shares of Citigroup Inc. $C

MRA Advisory Group boosted its holdings in shares of Citigroup Inc. (NYSE:C) by 338.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 9,580 shares of the company’s stock after acquiring an additional 7,393 shares during the period. MRA Advisory Group’s holdings in Citigroup were worth $1,341,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in C. Baring Financial LLC acquired a new position in shares of Citigroup in the 2nd quarter valued at $207,000. Chesley Taft & Associates LLC boosted its position in shares of Citigroup by 2.1% in the 2nd quarter. Chesley Taft & Associates LLC now owns 152,055 shares of the company’s stock worth $21,282,000 after purchasing an additional 3,120 shares during the last quarter. First Heartland Consultants Inc. grew its stake in shares of Citigroup by 10.0% during the second quarter. First Heartland Consultants Inc. now owns 2,016 shares of the company’s stock worth $282,000 after purchasing an additional 183 shares during the period. TrueWealth Advisors LLC increased its holdings in Citigroup by 2.2% in the second quarter. TrueWealth Advisors LLC now owns 7,387 shares of the company’s stock valued at $1,034,000 after purchasing an additional 162 shares during the last quarter. Finally, LifeGoal Investments LLC bought a new stake in Citigroup in the second quarter valued at about $265,000. Institutional investors own 71.72% of the company’s stock.

Citigroup Stock Performance

C stock opened at $134.95 on Friday. Citigroup Inc. has a 1-year low of $90.68 and a 1-year high of $147.96. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The firm has a market cap of $230.17 billion, a PE ratio of 14.57, a P/E/G ratio of 0.60 and a beta of 1.12. The business’s 50-day moving average price is $136.81 and its two-hundred day moving average price is $124.83.

Citigroup (NYSE:C) last released its quarterly earnings results on Tuesday, July 14th. The company reported $3.15 EPS for the quarter, topping analysts’ consensus estimates of $2.74 by $0.41. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The company had revenue of $24.77 billion for the quarter, compared to analyst estimates of $23.74 billion. During the same quarter last year, the firm posted $1.96 earnings per share. Citigroup’s revenue was up 14.5% compared to the same quarter last year. As a group, research analysts forecast that Citigroup Inc. will post 11.2 earnings per share for the current year.

Citigroup announced that its Board of Directors has initiated a stock buyback program on Thursday, May 7th that authorizes the company to buyback $30.00 billion in shares. This buyback authorization authorizes the company to buy up to 13.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

Citigroup Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Monday, August 3rd will be paid a $0.67 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This is an increase from Citigroup’s previous quarterly dividend of $0.60. This represents a $2.68 dividend on an annualized basis and a yield of 2.0%. Citigroup’s payout ratio is presently 28.94%.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Brokerages collectively assign Citigroup an average “Moderate Buy” rating, reinforcing the bullish case for the common stock. The rating should be viewed cautiously because analyst recommendations can be systematically optimistic. Citigroup Receives Average Rating of Moderate Buy
• Positive Sentiment: Citi raised its third-quarter 2026 Brent crude forecast to $80 per barrel. A higher oil-price outlook could support trading activity and commodities-related client demand, although the unchanged longer-term forecasts suggest the adjustment is limited rather than a major change in strategy. Citi Raises Q3 2026 Brent Crude Oil Forecast
• Neutral Sentiment: Citigroup’s investment-banking and research operations remain active, with the bank maintaining a Buy rating on Micron while lowering its price target because memory-price momentum may peak in 2027. The development does not directly change Citi’s fundamentals but highlights potential market-cycle and client-exposure risks. Micron Stock Slips as Citi Cuts Target
• Negative Sentiment: Citigroup’s preferred shares have recently declined as investors speculate that the bank could redeem the issue. A redemption could eliminate the preferred security’s roughly 10% yield, creating uncertainty for income investors, though the issue is distinct from Citigroup’s common stock. Why Citigroup Preferred’s 10% Yield May Not Last

Wall Street Analysts Forecast Growth

C has been the topic of several analyst reports. Argus set a $150.00 target price on Citigroup in a research note on Wednesday, July 15th. Barclays upped their price target on Citigroup from $146.00 to $154.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. Wall Street Zen downgraded shares of Citigroup from a “buy” rating to a “hold” rating in a research report on Saturday. Piper Sandler reissued an “overweight” rating and set a $145.00 price objective (up from $125.00) on shares of Citigroup in a research note on Wednesday, April 15th. Finally, Evercore set a $143.00 price objective on shares of Citigroup in a report on Monday, July 6th. Two analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Citigroup currently has an average rating of “Moderate Buy” and a consensus price target of $145.22.

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.