Citigroup Inc. $C Stock: MBL Wealth LLC Raises Holdings

MBL Wealth LLC grew its position in Citigroup Inc. (NYSE:C) by 87.5% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,224 shares of the company’s stock after purchasing an additional 6,639 shares during the period. MBL Wealth LLC’s holdings in Citigroup were worth $1,842,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Whipplewood Advisors LLC acquired a new stake in shares of Citigroup during the 1st quarter worth about $25,000. Paladin Partners LLC bought a new position in Citigroup during the 2nd quarter valued at about $27,000. IMG Wealth Management Inc. lifted its holdings 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 purchasing an additional 162 shares during the last quarter. Scarborough Advisors LLC acquired a new position in Citigroup in the first quarter valued at about $29,000. Finally, Pin Oak Investment Advisors Inc. acquired a new position in Citigroup in the second quarter valued at about $29,000. Institutional investors own 71.72% of the company’s stock.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Morgan Stanley reportedly said Citi’s post-earnings decline was unjustified and sees substantial upside, reinforcing the view that the stock’s valuation does not fully reflect its earnings potential. Citi recently exceeded quarterly EPS and revenue expectations, with revenue rising 7.9% year over year. Morgan Stanley says Citigroup’s post-earnings drop is unjustified
• Positive Sentiment: Citi will provide Nebius Group with a $3.5 billion, 364-day senior secured bridge facility. The transaction should generate fee and lending income while strengthening Citi’s relationship with the rapidly growing AI-cloud sector; the secured structure helps limit credit risk. Nebius secures $3.5 billion financing facility with Citi
• Positive Sentiment: Citi’s board elected James Flanagan as an independent director on October 21. The appointment may support governance and board oversight, although its immediate financial impact is limited. Citigroup elects James Flanagan as independent director
• Neutral Sentiment: A Citi report found that wealthy Singapore clients increased their assets over the past year, indicating continued demand in the bank’s wealth-management business. The report is encouraging for growth but does not provide a material earnings forecast. Singapore’s wealthy clients see growing assets, Citi report says
• Negative Sentiment: The stock remains below its 50-day and 200-day moving averages after investors reduced exposure following earnings. Although Citi beat estimates, the reaction suggests lingering concerns about profitability, capital efficiency and the pace of its broader turnaround.

Analysts Set New Price Targets

C has been the topic of several research analyst reports. Weiss Ratings cut shares of Citigroup from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, October 2nd. Argus set a $150.00 price objective on shares of Citigroup in a report on Wednesday, July 15th. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Citigroup in a research note on Wednesday, October 14th. UBS Group set a $148.00 target price on Citigroup in a report on Wednesday, October 14th. Finally, TD Cowen reduced their target price on Citigroup from $150.00 to $148.00 and set a “buy” rating on the stock in a report on Wednesday, October 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $150.79.

Citigroup Stock Performance

Shares of NYSE:C opened at $122.43 on Friday. Citigroup Inc. has a twelve month low of $95.83 and a twelve month high of $147.96. The firm has a market cap of $208.81 billion, a PE ratio of 11.94, a price-to-earnings-growth ratio of 0.54 and a beta of 1.13. The company has a debt-to-equity ratio of 1.78, a quick ratio of 0.99 and a current ratio of 1.00. The business has a fifty day moving average of $131.60 and a 200-day moving average of $132.16.

Citigroup (NYSE:C) last released its quarterly earnings results 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 business 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 firm’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same period in the previous year, the business posted $1.86 earnings per share. On average, equities research analysts predict that Citigroup Inc. will post 11.42 EPS for the current fiscal year.

Citigroup Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Monday, November 2nd will be given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 2.2%. The ex-dividend date is Monday, November 2nd. Citigroup’s dividend payout ratio (DPR) is presently 26.15%.

About Citigroup

Citigroup Inc is a global financial services company headquartered in New York City and operates under the Citi brand. The company provides banking, lending, investment, wealth management and other financial services to individuals, businesses, institutions and governments.

Citi’s consumer offerings include checking and savings accounts, credit cards, mortgages, personal lending and wealth management services. Through its institutional businesses, the company provides investment banking, commercial banking, securities brokerage, markets and trading, cash management, trade finance and custody services.