Citigroup Inc. $C Shares Sold by Gradient Investments LLC

Gradient Investments LLC lowered its position in Citigroup Inc. (NYSE:C) by 3.5% during the third quarter, according to its most recent filing with the SEC. The firm owned 144,234 shares of the company’s stock after selling 5,263 shares during the period. Gradient Investments LLC’s holdings in Citigroup were worth $18,675,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Whipplewood Advisors LLC acquired a new position in shares of Citigroup in the 1st quarter valued at about $25,000. Paladin Partners LLC acquired a new stake in Citigroup during the second quarter worth approximately $27,000. TD Capital Management LLC bought a new stake in Citigroup in the fourth quarter worth approximately $28,000. IMG Wealth Management Inc. lifted its stake in Citigroup by 197.6% in the first quarter. IMG Wealth Management Inc. now owns 244 shares of the company’s stock valued at $28,000 after buying an additional 162 shares during the period. Finally, Scarborough Advisors LLC acquired a new position in Citigroup in the first quarter valued at approximately $29,000. 71.72% of the stock is owned by institutional investors.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: TD Cowen initiated coverage with a Buy rating and a $150 price target, implying meaningful upside. The firm’s endorsement adds support to the view that Citi is undervalued relative to larger banking peers.
• Positive Sentiment: Recent bullish commentary argues that Citi’s transformation, cost controls and business simplification could allow the stock to rerate closer to competitors, potentially producing roughly 28% to 30% upside. Citigroup transformation analysis
• Positive Sentiment: Citi’s expanded collaboration with Coinbase connects its payment infrastructure with stablecoin rails, potentially creating new corporate, consumer and e-commerce transaction opportunities. Citi and Coinbase stablecoin partnership
• Positive Sentiment: Xsolla now enables eligible Citi Mastercard customers to redeem ThankYou Points for gaming and in-game purchases, expanding the loyalty program’s use cases and potentially supporting card engagement.
• Neutral Sentiment: Investors are focused on Citigroup’s third-quarter 2026 results, with analysts examining revenue, expenses, credit quality and other operating metrics beyond headline EPS and revenue estimates. The reports could become the next major catalyst for the stock. Citigroup Q3 estimates
• Neutral Sentiment: Citi’s research activity remains active, including favorable coverage of selected semiconductor stocks and estimates that Meta’s Muse AI assistant could become a major business. These developments may help investment-banking and research visibility but have limited immediate impact on Citigroup earnings.
• Negative Sentiment: UBS cut its Citigroup price target to $139 from $142 and maintained a Neutral rating. Autonomous Research also trimmed its target to $146 from $147 while keeping an Outperform rating, creating a modest valuation overhang.
• Negative Sentiment: Spiking Treasury yields are weighing on the banking sector ahead of third-quarter results. Although higher rates can support net interest income, rapid yield increases may pressure bond portfolios, funding costs, loan demand and trading conditions. Bank sector pressure from rising yields

Analyst Ratings Changes

Several analysts have recently commented on C shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $150.00 price objective on shares of Citigroup in a research report on Wednesday, July 15th. Weiss Ratings downgraded shares of Citigroup from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, October 2nd. Wells Fargo & Company upped their price objective on shares of Citigroup from $162.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, June 18th. Bank of America boosted their target price on Citigroup from $170.00 to $176.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Finally, Wall Street Zen cut Citigroup from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Citigroup currently has a consensus rating of “Moderate Buy” and an average price target of $151.28.

Citigroup Stock Down 0.0%

Shares of C traded down $0.01 on Thursday, reaching $127.31. The company’s stock had a trading volume of 3,858,232 shares, compared to its average volume of 12,450,946. Citigroup Inc. has a twelve month low of $93.66 and a twelve month high of $147.96. The stock has a market capitalization of $217.14 billion, a PE ratio of 13.75, a PEG ratio of 0.57 and a beta of 1.13. 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 fifty day moving average of $133.89 and a 200-day moving average of $131.18.

Citigroup (NYSE:C) last released its quarterly earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.74 by $0.41. The business had revenue of $24.77 billion during the quarter, compared to the consensus estimate of $23.74 billion. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The company’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.96 EPS. Equities analysts predict that Citigroup Inc. will post 11.19 EPS for the current year.

Citigroup Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 3rd were issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 2.1%. This is an increase from Citigroup’s previous quarterly dividend of $0.60. The ex-dividend date was Monday, August 3rd. Citigroup’s dividend payout ratio is currently 28.94%.

Citigroup Company Profile

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.