12,616 Shares in Citigroup Inc. $C Bought by USA Financial Formulas

USA Financial Formulas acquired a new position in shares of Citigroup Inc. (NYSE:C) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 12,616 shares of the company’s stock, valued at approximately $1,281,000.

A number of other institutional investors also recently bought and sold shares of C. Onyx Bridge Wealth Group LLC grew its holdings in shares of Citigroup by 3.6% during the second quarter. Onyx Bridge Wealth Group LLC now owns 3,117 shares of the company’s stock worth $265,000 after buying an additional 109 shares during the last quarter. Fullcircle Wealth LLC raised its stake in Citigroup by 0.9% during the 2nd quarter. Fullcircle Wealth LLC now owns 13,097 shares of the company’s stock valued at $1,206,000 after acquiring an additional 111 shares during the last quarter. Binnacle Investments Inc lifted its position in Citigroup by 6.5% during the 2nd quarter. Binnacle Investments Inc now owns 1,847 shares of the company’s stock worth $157,000 after acquiring an additional 113 shares during the period. Secure Asset Management LLC lifted its position in Citigroup by 3.7% during the 2nd quarter. Secure Asset Management LLC now owns 3,290 shares of the company’s stock worth $280,000 after acquiring an additional 118 shares during the period. Finally, Cape Investment Advisory Inc. grew its stake in shares of Citigroup by 10.7% in the 2nd quarter. Cape Investment Advisory Inc. now owns 1,243 shares of the company’s stock valued at $106,000 after purchasing an additional 120 shares during the last quarter. 71.72% of the stock is currently owned by institutional investors and hedge funds.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: U.S. Federal Reserve has terminated formal supervisory notices that had required Citi to fix longstanding trading risk and control weaknesses — a meaningful removal of regulatory constraints that lowers compliance costs and recapitalization uncertainty. Read More.
• Positive Sentiment: The OCC has reduced a regulatory mandate tied to Citi’s risk-management systems, further easing the bank’s supervisory burden and signaling improved regulator confidence in Citi’s remediation progress. Read More.
• Positive Sentiment: Bloomberg Law reports Citi has shed a penalty related to risk and compliance — another headline that removes a prior overhang on capital and reputation. Read More.
• Positive Sentiment: Large, unusual call-option buying — about 117,314 calls traded (≈+47% vs. average) — suggests traders are positioning for further upside or a positive catalysts around earnings/regulatory momentum. (Market activity entry)
• Positive Sentiment: Truist raised its price target to $123 and left a Buy rating, providing fresh analyst support and incremental demand for the shares. Read More.
• Positive Sentiment: Analysts expect a strong quarter: previews flag an anticipated double-digit EPS rise next quarter, which creates an earnings catalyst if Citi delivers in-line or above. Read More.
• Neutral Sentiment: Citi’s research group set a 12‑month Bitcoin forecast of $143,000 — a bullish crypto view that could support fees and trading revenue if ETF adoption continues, but it’s indirect to Citi’s core bank earnings. Read More.
• Neutral Sentiment: Citi struck a multi‑year partnership with LSEG to standardize enterprise data and boost efficiency — operationally positive but a longer‑term productivity story rather than an immediate earnings driver. Read More.
• Negative Sentiment: Some commentary argues Citi is “no longer the value play it once was,” highlighting valuation re-rating risk and the need for continued execution to justify higher multiples — a cautionary view that could cap upside if growth disappoints. Read More.

Analysts Set New Price Targets

Several research firms have recently commented on C. Wells Fargo & Company upped their price target on Citigroup from $115.00 to $125.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 16th. Morgan Stanley boosted their price objective on shares of Citigroup from $129.00 to $134.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Barclays upped their price objective on shares of Citigroup from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. UBS Group restated a “neutral” rating and issued a $108.00 target price on shares of Citigroup in a research note on Monday, November 24th. Finally, JPMorgan Chase & Co. upgraded shares of Citigroup from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $107.00 to $124.00 in a research note on Friday, December 12th. Thirteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Citigroup has an average rating of “Moderate Buy” and a consensus price target of $114.50.

Citigroup Price Performance

Citigroup stock opened at $114.79 on Friday. The company has a market cap of $205.39 billion, a P/E ratio of 16.12, a price-to-earnings-growth ratio of 0.57 and a beta of 1.21. Citigroup Inc. has a one year low of $55.51 and a one year high of $115.61. The business has a fifty day moving average of $102.83 and a two-hundred day moving average of $95.68. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.99 and a current ratio of 0.99.

Citigroup (NYSE:C) last announced its quarterly earnings results on Tuesday, October 14th. The company reported $2.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 net margin of 8.73% and a return on equity of 7.91%. The business’s revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.51 EPS. As a group, analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Monday, November 3rd were paid a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, November 3rd. This represents a $2.40 annualized dividend and a dividend yield of 2.1%. Citigroup’s payout ratio is 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.