Citigroup Inc. $C Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC lowered its stake in Citigroup Inc. (NYSE:C) by 3.4% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 370,877 shares of the company’s stock after selling 13,235 shares during the quarter. ProShare Advisors LLC’s holdings in Citigroup were worth $48,021,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of C. Whipplewood Advisors LLC bought a new stake in shares of Citigroup during the 1st quarter worth about $25,000. Paladin Partners LLC acquired a new stake in shares of Citigroup in the second quarter valued at $27,000. Balance Wealth Partners LLC acquired a new stake in shares of Citigroup in the third quarter valued at $27,000. IMG Wealth Management Inc. lifted its holdings in shares of 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 bought a new position in Citigroup during the first quarter valued at about $29,000. Institutional investors own 71.72% of the company’s stock.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Debt redemption may improve funding flexibility. Citibank, N.A., Citigroup’s principal banking subsidiary, announced the full redemption of $2 billion of 5.488% notes due 2026 and $500 million of floating-rate notes due 2026. Retiring the obligations could reduce future interest expense and refinancing needs, although it also uses $2.5 billion of cash. Citibank Announces $2 Billion Redemption of Notes
• Positive Sentiment: Recent operating trends remain supportive. Citigroup’s latest reported quarter exceeded consensus estimates on earnings and revenue, while management raised its 2026 return-on-tangible-common-equity target above 11%, improved its net-interest-income outlook, increased the dividend and authorized a new $30 billion buyback. These measures provide potential support for earnings per share and shareholder returns. Citigroup Could Be Undervalued
• Neutral Sentiment: Options activity signals volatility, not direction. Recent options-market activity indicates traders are positioning for a potentially large move in C stock, but the available report does not establish whether investors are predominantly bullish or bearish. Options Traders Betting on a Big Move in Citigroup Stock
• Negative Sentiment: Technical weakness is offsetting the fundamental positives. Shares remain below both their 50-day and 200-day moving averages after a recent pullback. That positioning can encourage short-term selling and profit-taking, particularly while investors await a clearer catalyst beyond the buyback, dividend and guidance upgrades.

Citigroup Stock Down 0.0%

C stock opened at $122.62 on Monday. The firm has a market cap of $209.14 billion, a PE ratio of 11.96, a PEG ratio of 0.54 and a beta of 1.18. Citigroup Inc. has a 1 year low of $95.83 and a 1 year high of $147.96. The company has a fifty day simple moving average of $130.02 and a 200 day simple moving average of $126.44. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.78.

Citigroup (NYSE:C) last posted its earnings results on Tuesday, October 13th. The company reported $2.85 EPS for the quarter, topping the consensus estimate of $2.66 by $0.19. Citigroup had a net margin of 10.97% and a return on equity of 10.57%. The firm had revenue of $23.84 billion for the quarter, compared to the consensus estimate of $23.74 billion. During the same period in the prior year, the business posted $1.86 earnings per share. The business’s quarterly revenue was up 7.9% on a year-over-year basis. Sell-side analysts anticipate that Citigroup Inc. will post 11.44 EPS for the current fiscal year.

Citigroup Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Monday, November 2nd will be paid a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Monday, November 2nd. Citigroup’s dividend payout ratio is 26.15%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on the stock. HSBC assumed coverage on shares of Citigroup in a research report on Monday, September 28th. They issued a “buy” rating and a $164.00 price target on the stock. Zacks Research cut shares of Citigroup from a “strong-buy” rating to a “hold” rating in a report on Monday, September 14th. Evercore set a $135.00 target price on Citigroup in a report on Wednesday, October 14th. Royal Bank Of Canada decreased their target price on shares of Citigroup from $150.00 to $135.00 and set an “outperform” rating for the company in a report on Wednesday, October 14th. Finally, Wall Street Zen lowered Citigroup from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Citigroup has a consensus rating of “Moderate Buy” and a consensus price target of $150.87.

Citigroup Profile

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.