5,517 Citigroup Inc. $C Shares Acquired by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH boosted its position in shares of Citigroup Inc. (NYSE:C) by 1.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 489,281 shares of the company’s stock after acquiring an additional 5,517 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Citigroup were worth $63,352,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in C. Whipplewood Advisors LLC bought a new position in Citigroup in the first quarter worth $25,000. Paladin Partners LLC acquired a new stake in Citigroup during the second quarter worth $27,000. TD Capital Management LLC acquired a new stake in Citigroup during the fourth quarter worth $28,000. IMG Wealth Management Inc. increased its holdings in Citigroup by 197.6% in the 1st 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 bought a new stake in Citigroup in the 1st quarter valued at $29,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Wall Street Analysts Forecast Growth

C has been the subject of a number of recent research reports. Keefe, Bruyette & Woods restated an “outperform” rating on shares of Citigroup in a research note on Wednesday. Bank of America lifted their target price on shares of Citigroup from $170.00 to $176.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Argus set a $150.00 target price on shares of Citigroup in a research note on Wednesday, July 15th. Evercore set a $135.00 target price on shares of Citigroup in a research note on Wednesday. Finally, JPMorgan Chase & Co. dropped their price target on shares of Citigroup from $149.00 to $147.00 and set an “overweight” rating for the company in a research report on Friday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $150.79.

Citigroup Stock Performance

Citigroup stock opened at $122.53 on Thursday. The company has a debt-to-equity ratio of 1.78, a current ratio of 1.00 and a quick ratio of 0.99. The stock has a fifty day moving average price of $133.16 and a two-hundred day moving average price of $131.71. Citigroup Inc. has a 52-week low of $95.00 and a 52-week high of $147.96. The firm has a market capitalization of $208.99 billion, a P/E ratio of 11.95, a P/E/G ratio of 0.55 and a beta of 1.13.

Citigroup (NYSE:C) last issued its quarterly earnings data on Tuesday, October 13th. The company reported $2.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.66 by $0.19. The company had revenue of $23.84 billion during the quarter, compared to analysts’ expectations of $23.74 billion. Citigroup had a return on equity of 10.57% and a net margin of 10.97%. The business’s revenue was up 7.9% on a year-over-year basis. During the same period last year, the business earned $1.86 earnings per share. As a group, analysts anticipate that Citigroup Inc. will post 11.19 EPS for the current fiscal year.

Citigroup Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 3rd were paid a $0.67 dividend. 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 2.2%. The ex-dividend date of this dividend was Monday, August 3rd. Citigroup’s payout ratio is presently 28.94%.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Q3 earnings beat expectations. Citigroup reported $2.85 in earnings per share versus the $2.66 consensus, while revenue rose 7.9% year over year to approximately $23.85 billion. Net income increased 40% to $5.2 billion, supported by 15% growth in both Services and Wealth revenue. Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
• Positive Sentiment: Management raised its profitability outlook and increased shareholder returns. Citi cited strong Services growth, AI-related efficiencies and disciplined capital deployment, while also raising its dividend and expanding buybacks. The bank returned about $4.1 billion to shareholders during the quarter. Citigroup Q3 Earnings Call Highlights Higher Return Outlook and AI Gains
• Positive Sentiment: Banamex separation and a potential IPO could unlock value. Citigroup is reportedly preparing to fully spin off its former Mexican consumer-banking business, with an initial public offering targeted for early 2027. Completing the separation could simplify Citi’s portfolio and provide proceeds or a valuation reference for the asset. Banamex Leadership Pitches Turnaround Ahead of Targeted Citi IPO
• Neutral Sentiment: Citi expects a 25-basis-point Federal Reserve rate increase in December. Higher rates could support net interest income, but Citi also expects rates to remain elevated until at least mid-2027, increasing pressure on borrowers and the broader economy. Global Market: Citi Expects Fed to Raise Rates
• Negative Sentiment: Investors questioned the durability of the beat. Trading and investment-banking activity softened sequentially, management warned that fourth-quarter trading revenue could decline, credit-loss provisions increased and analysts cut price targets. Elevated put-option activity and concerns about weaker capital ratios added to the cautious tone. Citi Stock Falls Despite Earnings Beat: What Investors Need to Know

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.