4,723 Citigroup Inc. $C Shares Bought by Brighton Jones LLC

Brighton Jones LLC increased its position in Citigroup Inc. (NYSE:C) by 10.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 49,457 shares of the company’s stock after buying an additional 4,723 shares during the quarter. Brighton Jones LLC’s holdings in Citigroup were worth $6,404,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in C. State Street Corp grew its holdings in Citigroup by 3.7% in the 2nd quarter. State Street Corp now owns 80,956,349 shares of the company’s stock worth $11,199,986,000 after acquiring an additional 2,913,701 shares during the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Citigroup in the second quarter valued at about $3,244,602,000. Bank of America Corp DE raised its stake in shares of Citigroup by 2.8% during the first quarter. Bank of America Corp DE now owns 26,869,012 shares of the company’s stock valued at $3,047,215,000 after acquiring an additional 728,043 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Citigroup by 10.7% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,467,857 shares of the company’s stock valued at $1,745,001,000 after acquiring an additional 1,210,006 shares during the last quarter. Finally, Amundi boosted its holdings in shares of Citigroup by 3.2% during the first quarter. Amundi now owns 12,126,823 shares of the company’s stock worth $1,375,303,000 after purchasing an additional 374,840 shares during the period. 71.72% of the stock is currently owned by institutional investors.

Citigroup Stock Up 0.6%

Shares of NYSE C opened at $119.16 on Friday. 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 Inc. has a 12 month low of $95.83 and a 12 month high of $147.96. The firm has a market capitalization of $203.24 billion, a PE ratio of 11.63, a price-to-earnings-growth ratio of 0.52 and a beta of 1.18. The firm has a fifty day simple moving average of $128.92 and a two-hundred day simple moving average of $126.60.

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. The firm had revenue of $23.84 billion during the quarter, compared to analysts’ expectations of $23.74 billion. Citigroup had a net margin of 10.97% and a return on equity of 10.57%. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same period last year, the company posted $1.86 EPS. Equities analysts expect that Citigroup Inc. will post 11.44 earnings per share for the current year.

Citigroup Announces Dividend

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

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup and DBS are competing to recruit talent for their India operations, including expansion tied to GIFT City. The hiring push points to investment in the region’s growth potential, though the articles do not quantify its expected financial impact. Citigroup, DBS vie for top talent to boost business in India hub
• Positive Sentiment: CEO Jane Fraser said she does not expect the market correction to become deeper or last longer, which may help reassure investors after the recent sell-off. This is a view on the broader market, not a change to Citi’s outlook. Citigroup CEO Jane Fraser on the market correction
• Neutral Sentiment: Citi named Circle its top pick in regulated stablecoins and digital payments. The call reflects Citi’s research activity, but Circle—not Citigroup—is the stock being recommended, so it is not a direct earnings catalyst for C. Citi Names Top Stock in Stablecoin and Digital Payments Space
• Negative Sentiment: Citigroup shares had a sharp decline in the prior session amid a volatile market. The broader backdrop remains uncertain, with post-election policy potentially slowing bank deregulation and increasing scrutiny of financial firms. Citigroup’s recent price decline Midterm election results and financial stocks
• Negative Sentiment: Citi’s strategists say the AI trade could remain under pressure and currently favor European equities over U.S. stocks. That cautious view may weigh on broader market sentiment, though it is not specific to Citi’s own fundamentals. Citi explains why the AI trade may remain under pressure

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Argus set a $150.00 target price on Citigroup in a research note on Wednesday, July 15th. JPMorgan Chase & Co. upped their price target on Citigroup from $147.00 to $148.50 and gave the company an “overweight” rating in a research report on Friday, October 30th. Evercore set a $135.00 price objective on Citigroup in a report on Wednesday, October 14th. Zacks Research lowered Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. Finally, Royal Bank Of Canada cut their price objective on Citigroup from $150.00 to $135.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Citigroup presently has a consensus rating of “Moderate Buy” and a consensus price target of $150.87.

About Citigroup

Citigroup Inc is a global financial services company headquartered in New York City. Founded in 1812 as the City Bank of New York, it has grown into an international banking organization serving individuals, businesses, governments and institutions.

The company provides consumer banking and wealth management services, including deposits, lending, credit cards and investment services. For corporate and institutional clients, Citi offers transaction banking, treasury and trade solutions, securities services, investment banking, and markets and financing services.

Citi serves clients across the United States and a broad range of international markets, drawing on its global network to support cross-border business and financial activity.