Retireful LLC Takes Position in Citigroup Inc. $C

Retireful LLC acquired a new position in shares of Citigroup Inc. (NYSE:C) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 7,733 shares of the company’s stock, valued at approximately $785,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in C. Traveka Wealth LLC bought a new position in Citigroup during the 3rd quarter valued at approximately $230,000. Three Seasons Wealth LLC bought a new stake in Citigroup in the third quarter worth $529,000. 5T Wealth LLC purchased a new stake in shares of Citigroup in the third quarter worth $219,000. Permanent Capital Management LP bought a new position in shares of Citigroup during the third quarter valued at $1,238,000. Finally, Maryland Capital Advisors Inc. purchased a new position in shares of Citigroup in the 3rd quarter worth about $68,000. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the stock. Oppenheimer cut their price objective on shares of Citigroup from $123.00 to $120.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 19th. Dbs Bank cut shares of Citigroup from a “moderate buy” rating to a “hold” rating in a report on Monday, September 22nd. Piper Sandler set a $118.00 price objective on Citigroup in a research report on Wednesday, December 10th. Weiss Ratings reiterated a “buy (b)” rating on shares of Citigroup in a research note on Wednesday, October 8th. Finally, Keefe, Bruyette & Woods boosted their price target on Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 17th. Thirteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $114.50.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Regulatory relief, progress on the Banamex stake sale and growing turnaround optimism are boosting Citi’s valuation narrative — investors view these developments as freeing capital and reducing legacy overhang, supporting a re-rate. Citigroup (C): Valuation Check After Regulatory Relief, Banamex Stake Sale Progress and Turnaround Optimism
• Positive Sentiment: Analyst coverage notes Citi can benefit from an eventual Fed easing cycle — lower funding costs and stronger loan demand would help net interest margins and fee income across big banks, giving Citi upside if macro shifts as expected. The Zacks Analyst Blog Wells Fargo, Bank of America and Citigroup
• Positive Sentiment: Recent sessions showed Citi outperforming peers on bouts of buying interest, indicating pockets of accumulation from traders expecting the turnaround story to play out. Citigroup Inc. stock outperforms competitors on strong trading day
• Neutral Sentiment: Market-support readings and technicals are mixed — some analyses flag that Citi’s momentum indicators and short-interest/market-structure signals leave room for consolidation instead of a clean breakout. Is Citigroup Inc Gaining or Losing Market Support?
• Negative Sentiment: Execution risk and headline sensitivity remain — delays or a smaller-than-expected Banamex sale, plus below-average trading volume and profit-taking after a strong run, can pressure the stock even with positive fundamentals. (Related coverage on the Banamex/regulatory story above.)

Citigroup Stock Performance

NYSE:C opened at $120.40 on Monday. The stock has a 50-day moving average price of $105.08 and a 200 day moving average price of $97.31. The stock has a market capitalization of $215.42 billion, a P/E ratio of 16.91, a P/E/G ratio of 0.60 and a beta of 1.21. Citigroup Inc. has a 12-month low of $55.51 and a 12-month high of $122.84. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.62.

Citigroup (NYSE:C) last posted its quarterly earnings results on Tuesday, October 14th. The company reported $2.24 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.35. The business had revenue of $22.09 billion during the quarter, compared to the consensus estimate of $20.92 billion. Citigroup had a return on equity of 7.91% and a net margin of 8.73%.The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the prior year, the company posted $1.51 EPS. Equities research analysts forecast that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Monday, November 3rd were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Monday, November 3rd. Citigroup’s dividend payout ratio (DPR) is presently 33.71%.

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.