Formuepleje A S Sells 4,905 Shares of Citigroup Inc. $C

Formuepleje A S lessened its holdings in Citigroup Inc. (NYSE:C) by 8.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,568 shares of the company’s stock after selling 4,905 shares during the period. Formuepleje A S’s holdings in Citigroup were worth $6,677,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Paladin Partners LLC purchased a new stake in Citigroup in the 2nd quarter worth about $27,000. Pin Oak Investment Advisors Inc. acquired a new stake in Citigroup during the 2nd quarter worth about $29,000. Whipplewood Advisors LLC acquired a new stake in Citigroup during the 1st quarter worth about $25,000. TD Capital Management LLC purchased a new position in Citigroup during the 4th quarter valued at about $28,000. Finally, IMG Wealth Management Inc. grew its stake in Citigroup by 197.6% during the 1st quarter. IMG Wealth Management Inc. now owns 244 shares of the company’s stock valued at $28,000 after acquiring an additional 162 shares in the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup Stock Up 0.1%

C traded up $0.11 during trading on Thursday, reaching $122.38. 5,011,478 shares of the stock traded hands, compared to its average volume of 12,435,379. The stock’s 50-day simple moving average is $133.16 and its two-hundred day simple moving average is $131.71. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.00 and a quick ratio of 0.99. Citigroup Inc. has a fifty-two week low of $95.00 and a fifty-two week high of $147.96. The stock has a market cap of $208.73 billion, a price-to-earnings ratio of 11.92, a price-to-earnings-growth ratio of 0.55 and a beta of 1.13.

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. Citigroup had a return on equity of 10.57% and a net margin of 10.97%. The company had revenue of $23.84 billion for the quarter, compared to analyst estimates of $23.74 billion. During the same period in the prior year, the firm posted $1.86 EPS. The business’s revenue was up 7.9% compared to the same quarter last year. As a group, equities research analysts expect that Citigroup Inc. will post 11.19 EPS for the current year.

Citigroup Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 3rd were paid a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from Citigroup’s previous quarterly dividend of $0.60. Citigroup’s dividend payout ratio (DPR) is presently 26.15%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Wall Street Zen downgraded Citigroup from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Bank of America raised their price target on shares of Citigroup from $170.00 to $176.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Wells Fargo & Company raised their price target on shares of Citigroup from $162.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. Oppenheimer downgraded shares of Citigroup from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 30th. Finally, Weiss Ratings lowered shares of Citigroup from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $150.79.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Strong Q3 performance: Citigroup reported $2.85 in EPS versus a $2.66 consensus estimate and $23.85 billion in revenue, up 7.9% year over year. Net income rose roughly 40% to $5.2 billion, helped by Services, investment banking, wealth management, and fixed-income trading. Why Citigroup Stock Is Trading Lower Today
• Positive Sentiment: Improved profitability outlook: Management raised its 2026 return outlook, citing Services growth, AI-driven efficiencies, expense discipline, and capital deployment. The bank also increased its dividend, supporting the shareholder-return case. Citigroup Q3 Earnings Call Highlights
• Positive Sentiment: Potential strategic catalyst: Citigroup is preparing a possible early-2027 IPO of Banamex, its former Mexican consumer-banking business. A successful separation and listing could unlock value and simplify Citi’s operations. Banamex Leadership Pitches Turnaround

About Citigroup

Citigroup Inc is a global financial services company headquartered in New York City and listed on the New York Stock Exchange under the symbol C. Through its subsidiaries and businesses, Citi provides banking, lending, investment, payments, wealth management and other financial services to consumers, businesses, governments and institutional clients.

Citi’s principal businesses include Services, which supports institutional clients with treasury, trade, securities services and related solutions; Markets, which provides sales, trading, research and financing services; Banking, which offers investment banking and corporate banking; and Wealth, which provides private banking and wealth management.