Thompson Investment Management Inc. Has $14.86 Million Holdings in Citigroup Inc. $C

Thompson Investment Management Inc. reduced its holdings in shares of Citigroup Inc. (NYSE:C) by 5.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 146,436 shares of the company’s stock after selling 7,653 shares during the period. Citigroup comprises about 2.0% of Thompson Investment Management Inc.’s investment portfolio, making the stock its 5th biggest position. Thompson Investment Management Inc.’s holdings in Citigroup were worth $14,863,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Truvestments Capital LLC grew its stake in shares of Citigroup by 131.6% in the 1st quarter. Truvestments Capital LLC now owns 433 shares of the company’s stock valued at $31,000 after purchasing an additional 246 shares during the period. Howard Hughes Medical Institute acquired a new stake in Citigroup in the 2nd quarter valued at $34,000. DHJJ Financial Advisors Ltd. grew its position in Citigroup by 157.1% in the second quarter. DHJJ Financial Advisors Ltd. now owns 414 shares of the company’s stock valued at $35,000 after acquiring an additional 253 shares during the period. WPG Advisers LLC acquired a new position in Citigroup during the first quarter worth $38,000. Finally, Legacy Investment Solutions LLC bought a new position in shares of Citigroup during the second quarter valued at $38,000. 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: Regulatory relief, progress on the Banamex stake sale and growing turnaround optimism are boosting Citi’s valuation narrative — investors view these developments as freeing capital and reducing legacy overhang, supporting a re-rate. Citigroup (C): Valuation Check After Regulatory Relief, Banamex Stake Sale Progress and Turnaround Optimism
• Positive Sentiment: Analyst coverage notes Citi can benefit from an eventual Fed easing cycle — lower funding costs and stronger loan demand would help net interest margins and fee income across big banks, giving Citi upside if macro shifts as expected. The Zacks Analyst Blog Wells Fargo, Bank of America and Citigroup
• Positive Sentiment: Recent sessions showed Citi outperforming peers on bouts of buying interest, indicating pockets of accumulation from traders expecting the turnaround story to play out. Citigroup Inc. stock outperforms competitors on strong trading day
• Neutral Sentiment: Market-support readings and technicals are mixed — some analyses flag that Citi’s momentum indicators and short-interest/market-structure signals leave room for consolidation instead of a clean breakout. Is Citigroup Inc Gaining or Losing Market Support?
• Negative Sentiment: Execution risk and headline sensitivity remain — delays or a smaller-than-expected Banamex sale, plus below-average trading volume and profit-taking after a strong run, can pressure the stock even with positive fundamentals. (Related coverage on the Banamex/regulatory story above.)

Citigroup Stock Performance

Shares of Citigroup stock opened at $120.40 on Friday. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.99 and a quick ratio of 0.99. The firm has a 50 day simple moving average of $105.08 and a 200 day simple moving average of $97.18. Citigroup Inc. has a fifty-two week low of $55.51 and a fifty-two week high of $122.84. The firm has a market cap of $215.42 billion, a P/E ratio of 16.91, a P/E/G ratio of 0.60 and a beta of 1.21.

Citigroup (NYSE:C) last announced its quarterly earnings data on Tuesday, October 14th. The company reported $2.24 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.35. The firm had revenue of $22.09 billion for the quarter, compared to analyst estimates of $20.92 billion. Citigroup had a return on equity of 7.91% and a net margin of 8.73%.The business’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period last year, the company earned $1.51 EPS. Sell-side analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Monday, November 3rd were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Monday, November 3rd. Citigroup’s dividend payout ratio (DPR) is presently 33.71%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on C shares. Truist Financial upped their target price on shares of Citigroup from $112.00 to $123.00 and gave the stock a “buy” rating in a report on Thursday, December 18th. TD Cowen upped their price objective on shares of Citigroup from $105.00 to $110.00 and gave the stock a “hold” rating in a research note on Wednesday, October 15th. The Goldman Sachs Group reiterated a “buy” rating and issued a $118.00 target price on shares of Citigroup in a research note on Tuesday, October 14th. UBS Group restated a “neutral” rating and set a $108.00 price target on shares of Citigroup in a research report on Monday, November 24th. Finally, Oppenheimer cut their price objective on Citigroup from $123.00 to $120.00 and set an “outperform” rating for the company in a research report on Wednesday, November 19th. Thirteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $114.50.

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.