Wealth Enhancement Advisory Services LLC Purchases 12,543 Shares of Citigroup Inc. $C

Wealth Enhancement Advisory Services LLC boosted its stake in shares of Citigroup Inc. (NYSE:C) by 3.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 393,399 shares of the company’s stock after acquiring an additional 12,543 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Citigroup were worth $38,474,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Brookstone Capital Management lifted its position in shares of Citigroup by 31.5% in the 3rd quarter. Brookstone Capital Management now owns 75,914 shares of the company’s stock worth $7,705,000 after purchasing an additional 18,176 shares during the period. Permanent Capital Management LP acquired a new position in shares of Citigroup in the 3rd quarter valued at $1,238,000. Penobscot Investment Management Company Inc. boosted its holdings in Citigroup by 61.5% during the third quarter. Penobscot Investment Management Company Inc. now owns 57,033 shares of the company’s stock worth $5,789,000 after buying an additional 21,720 shares in the last quarter. Perigon Wealth Management LLC grew its position in Citigroup by 27.2% during the third quarter. Perigon Wealth Management LLC now owns 75,566 shares of the company’s stock valued at $7,670,000 after buying an additional 16,171 shares during the period. Finally, Keystone Financial Services purchased a new position in Citigroup in the second quarter valued at $216,000. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup Stock Down 4.2%

NYSE C opened at $113.13 on Wednesday. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. Citigroup Inc. has a 52 week low of $55.51 and a 52 week high of $124.17. The business’s fifty day simple moving average is $111.25 and its 200-day simple moving average is $101.65. The firm has a market cap of $202.43 billion, a PE ratio of 16.21, a P/E/G ratio of 0.58 and a beta of 1.18.

Citigroup (NYSE:C) last issued its earnings results on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.16. The company had revenue of $19.87 billion for the quarter, compared to the consensus estimate of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. Citigroup’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.34 earnings per share. As a group, equities analysts anticipate that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 2nd will be issued a $0.60 dividend. The ex-dividend date is Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.1%. Citigroup’s dividend payout ratio is currently 34.43%.

Analysts Set New Price Targets

A number of research firms have recently commented on C. Keefe, Bruyette & Woods raised their target price on Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a research report on Wednesday, December 17th. TD Cowen raised their price objective on Citigroup from $105.00 to $110.00 and gave the company a “hold” rating in a report on Wednesday, October 15th. Barclays boosted their price objective on Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Oppenheimer lifted their price target on shares of Citigroup from $141.00 to $144.00 and gave the company an “outperform” rating in a research note on Thursday, January 15th. Finally, JPMorgan Chase & Co. upgraded shares of Citigroup from a “neutral” rating to an “overweight” rating and upped their price objective for the stock from $107.00 to $124.00 in a research report on Friday, December 12th. Fourteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Citigroup currently has a consensus rating of “Moderate Buy” and an average price target of $124.65.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: CEO Jane Fraser told officials and press she does not expect Congress to approve a 10% cap on credit‑card interest rates, lowering the risk of a direct regulatory hit to Citi’s credit‑card revenue and margins. Citigroup CEO does not expect Congress to approve cap in credit card rates
• Positive Sentiment: Fraser also argued that a low cap would restrict access to credit and hurt the broader economy — messaging that reinforces Citi’s stance and reduces probability of abrupt policy changes that would hit card income. Citigroup CEO Jane Fraser Says Rate Cap Would Restrict Access to Credit
• Neutral Sentiment: Citi research flagged the risk of up to three BOJ rate hikes in 2026 on a weak yen — a high‑profile call that shows Citi’s macro desk is active and can influence FX/rates trading revenue, but it has mixed implications for the bank’s P&L. Citi Sees Risk of Three BOJ Rate Hikes in 2026 on Weak Yen
• Neutral Sentiment: Fraser told markets she expects “sell‑America” flows to be transitory — a confidence signal for Citi’s U.S. franchise and global FICC/IB business, but more macro than company‑specific. Citigroup CEO Jane Fraser Doesn’t Expect ‘Sell America’ Sentiment to Last in Markets
• Negative Sentiment: Reports say JPMorgan and Citi are weighing ending a fixed‑pay allowance for key UK staff — a potential cost/control move that could signal compensation changes, talent retention risks, or one‑time expenses. JPMorgan, Citi Weigh Ending Fixed Pay Allowance for Key UK Staff
• Negative Sentiment: Macro pressure: a Danish pension fund said it will sell US Treasuries citing rising credit risk — a development that can increase volatility in rates and credit markets and indirectly hurt bank trading revenue and asset valuations. Danish Pension Fund To Dump All US Treasuries Citing ‘Rising Credit Risk’

Citigroup Profile

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.