Citigroup Inc. $C Shares Acquired by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC increased its holdings in Citigroup Inc. (NYSE:C) by 12.5% in the third quarter, Holdings Channel.com reports. The firm owned 106,158 shares of the company’s stock after purchasing an additional 11,824 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in Citigroup were worth $10,775,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC increased its stake in shares of Citigroup by 87.6% during the 3rd quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock valued at $26,000 after acquiring an additional 120 shares during the last quarter. Guerra Advisors Inc acquired a new stake in shares of Citigroup in the third quarter worth approximately $33,000. Howard Hughes Medical Institute purchased a new stake in Citigroup in the second quarter valued at approximately $34,000. Legacy Investment Solutions LLC acquired a new position in Citigroup during the second quarter worth approximately $38,000. Finally, Capital A Wealth Management LLC acquired a new position in Citigroup during the second quarter worth approximately $38,000. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Q4 earnings beat on the bottom line — Citigroup reported $1.81 EPS (above estimates) and showed year-over-year EPS improvement, supporting investor confidence in profitability and cash returns. Here’s what lifted Citigroup (C) in Q4
• Positive Sentiment: Dividend story is drawing investor interest — analysts and income-focused outlets highlight Citigroup’s dividend yield and capital-return profile as attractive, which can support demand for the common stock from yield-seeking investors. Why Citigroup (C) is a Great Dividend Stock Right Now
• Neutral Sentiment: New preferred-stock filing (6.250% Series II) — Citigroup filed to create a 6.25% preferred series. This boosts loss-absorbing capital and flexibility (supportive for bank metrics) but is not common-equity issuance; impact on common shares is mixed and depends on how proceeds are used. Citigroup Establishes New 6.250% Preferred Stock Series II
• Negative Sentiment: Revenue missed consensus and growth remains modest — Q4 revenue came in below analyst estimates ($19.87B vs. $20.99B expected) and revenue growth was only about 2.1% year-over-year, which could cap multiple expansion until topline momentum improves. Here’s what lifted Citigroup (C) in Q4

Citigroup Stock Up 1.2%

Shares of NYSE C opened at $117.68 on Wednesday. The stock has a fifty day moving average price of $114.33 and a 200 day moving average price of $103.51. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.63. Citigroup Inc. has a 12-month low of $55.51 and a 12-month high of $124.17. The company has a market cap of $210.56 billion, a P/E ratio of 16.88, a P/E/G ratio of 0.74 and a beta of 1.18.

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

Citigroup Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 2nd will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Monday, February 2nd. Citigroup’s dividend payout ratio is currently 34.43%.

Analyst Upgrades and Downgrades

C has been the topic of a number of research analyst reports. TD Cowen reiterated a “hold” rating on shares of Citigroup in a report on Wednesday, January 7th. Zacks Research raised Citigroup from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. Oppenheimer boosted their price target on Citigroup from $141.00 to $144.00 and gave the company an “outperform” rating in a research report on Thursday, January 15th. The Goldman Sachs Group upped their price target on Citigroup from $113.00 to $127.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Finally, HSBC reaffirmed a “buy” rating and issued a $87.00 price objective on shares of Citigroup in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Citigroup presently has an average rating of “Moderate Buy” and a consensus target price of $125.56.

Citigroup Company 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.