RFG Advisory LLC Decreases Stake in Citigroup Inc. $C

RFG Advisory LLC cut its stake in shares of Citigroup Inc. (NYSE:C) by 66.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,399 shares of the company’s stock after selling 33,940 shares during the quarter. RFG Advisory LLC’s holdings in Citigroup were worth $1,766,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC grew its stake in Citigroup by 166.9% during the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock valued at $1,407,000 after purchasing an additional 12,499 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Citigroup by 20.5% during the second quarter. Sivia Capital Partners LLC now owns 9,805 shares of the company’s stock worth $835,000 after purchasing an additional 1,669 shares during the period. Blue Trust Inc. boosted its position in Citigroup by 16.8% in the second quarter. Blue Trust Inc. now owns 5,070 shares of the company’s stock valued at $432,000 after buying an additional 729 shares during the last quarter. Concurrent Investment Advisors LLC boosted its position in Citigroup by 14.4% in the second quarter. Concurrent Investment Advisors LLC now owns 45,353 shares of the company’s stock valued at $3,860,000 after buying an additional 5,696 shares during the last quarter. Finally, CWM LLC increased its holdings in Citigroup by 7.6% in the 2nd quarter. CWM LLC now owns 141,158 shares of the company’s stock worth $12,015,000 after buying an additional 9,938 shares during the period. 71.72% of the stock is owned by institutional investors and hedge funds.

Citigroup Stock Down 1.4%

C stock opened at $122.09 on Wednesday. Citigroup Inc. has a one year low of $55.51 and a one year high of $125.16. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.99 and a current ratio of 1.00. The firm’s fifty day moving average is $116.07 and its 200 day moving average is $104.41. The firm has a market cap of $218.45 billion, a PE ratio of 17.52, a P/E/G ratio of 0.79 and a beta of 1.18.

Citigroup (NYSE:C) last posted its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.16. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The business had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. During the same period in the prior year, the company posted $1.34 EPS. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, research analysts forecast that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 2nd will be given a dividend of $0.60 per share. The ex-dividend date is Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.0%. Citigroup’s dividend payout ratio is currently 34.43%.

Analysts Set New Price Targets

Several analysts have commented on the stock. TD Cowen restated a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. Wolfe Research reissued an “outperform” rating and set a $141.00 target price on shares of Citigroup in a report on Wednesday, January 7th. Zacks Research upgraded shares of Citigroup from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. UBS Group reaffirmed a “neutral” rating and issued a $132.00 price target on shares of Citigroup in a report on Thursday, January 15th. Finally, HSBC reiterated a “buy” rating and set a $87.00 price objective on shares of Citigroup in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $126.19.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: JPMorgan raised its price target on Citigroup to $134 and kept an “Overweight” rating, providing a near-term analyst-driven upside case for the shares. Benzinga: JPMorgan raises PT
• Positive Sentiment: Citi recently hit a 52‑week high, reflecting strong momentum and encouraging investor sentiment that can support further gains if fundamentals remain intact. Investing.com: Citigroup hits 52-week high
• Neutral Sentiment: Citigroup served as a joint global coordinator on the UI Boustead REIT pre‑IPO marketing — a routine investment‑banking role that generates fees but is not a material event by itself. Economic Times: UI Boustead REIT premarketing
• Neutral Sentiment: Citigroup entities notified they ceased to be a substantial holder in IDP Education — a portfolio repositioning move by Citi’s trading/asset teams that doesn’t indicate a change in corporate fundamentals. TipRanks: Citi sells IDP stake
• Negative Sentiment: Seeking Alpha flagged Citi’s new 6.25% preferred issuance (rated a “Hold”); issuance of higher‑yield preferred stock can signal capital needs and may be perceived as incremental financing that is less favorable for common shareholders. Seeking Alpha: Citigroup issues new 6.25% preferred
• Negative Sentiment: Recent quarterly results were mixed: Citi beat EPS estimates but missed revenue expectations, which can spark concern about top‑line momentum even when profitability metrics look OK — a likely contributor to intraday weakness.

About Citigroup

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.