Schuylkill Financial LLC Takes $1 Million Position in Citigroup Inc. $C

Schuylkill Financial LLC bought a new stake in Citigroup Inc. (NYSE:C) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 7,178 shares of the company’s stock, valued at approximately $1,005,000. Citigroup makes up about 0.9% of Schuylkill Financial LLC’s portfolio, making the stock its 29th largest holding.

Several other large investors have also recently added to or reduced their stakes in the company. Cora Capital Advisors LLC increased its position in Citigroup by 3.1% during the 1st quarter. Cora Capital Advisors LLC now owns 2,609 shares of the company’s stock worth $296,000 after purchasing an additional 78 shares during the period. CFS Investment Advisory Services LLC lifted its holdings in shares of Citigroup by 0.4% in the 1st quarter. CFS Investment Advisory Services LLC now owns 20,596 shares of the company’s stock valued at $2,336,000 after buying an additional 79 shares during the period. American Trust boosted its stake in shares of Citigroup by 3.6% in the second quarter. American Trust now owns 2,331 shares of the company’s stock valued at $326,000 after buying an additional 80 shares in the last quarter. Invst LLC boosted its stake in shares of Citigroup by 0.8% in the second quarter. Invst LLC now owns 9,601 shares of the company’s stock valued at $1,344,000 after buying an additional 80 shares in the last quarter. Finally, Tsfg LLC grew its holdings in Citigroup by 4.9% during the second quarter. Tsfg LLC now owns 1,701 shares of the company’s stock worth $238,000 after acquiring an additional 80 shares during the period. 71.72% of the stock is owned by hedge funds and other institutional investors.

Citigroup Trading Down 0.2%

NYSE:C opened at $137.80 on Friday. The company has a market capitalization of $235.03 billion, a PE ratio of 14.88, a price-to-earnings-growth ratio of 0.62 and a beta of 1.12. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. Citigroup Inc. has a 52-week low of $93.66 and a 52-week high of $147.96. The stock has a fifty day simple moving average of $135.26 and a 200-day simple moving average of $127.43.

Citigroup (NYSE:C) last issued its quarterly earnings data on Tuesday, July 14th. The company reported $3.15 EPS for the quarter, beating analysts’ consensus estimates of $2.74 by $0.41. Citigroup had a net margin of 10.23% and a return on equity of 10.15%. The firm had revenue of $24.77 billion for the quarter, compared to analysts’ expectations of $23.74 billion. During the same period in the prior year, the company earned $1.96 EPS. The firm’s revenue was up 14.5% on a year-over-year basis. On average, equities research analysts expect that Citigroup Inc. will post 11.21 earnings per share for the current fiscal year.

Citigroup Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 3rd were issued a $0.67 dividend. This represents a $2.68 annualized dividend and a dividend yield of 1.9%. This is a boost from Citigroup’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Monday, August 3rd. Citigroup’s payout ratio is currently 28.94%.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. Argus set a $150.00 price objective on Citigroup in a research report on Wednesday, July 15th. Wells Fargo & Company upped their price target on shares of Citigroup from $162.00 to $165.00 and gave the stock an “overweight” rating in a research note on Thursday, June 18th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $150.00 price target on shares of Citigroup in a report on Wednesday, July 15th. Zacks Research upgraded shares of Citigroup from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Finally, Truist Financial reduced their price objective on shares of Citigroup from $158.00 to $154.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $145.22.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: China brokerage expansion: Citi expects Beijing approval for its wholly owned China brokerage business as soon as this month and plans to add several dozen employees. The license could strengthen Citi’s presence in China’s capital-markets and wealth businesses. Citi eyes China brokerage unit licence as soon as this month
• Positive Sentiment: Wealth-management hiring: Citi’s wealth unit added senior executives from Apollo and Bank of America as the division extends its growth streak. The appointments signal continued investment in a business that can generate fee income and diversify results beyond traditional lending. Citi wealth unit adds Apollo, Bank of America alums
• Positive Sentiment: Capital returns remain a support: Analysts highlighted Citi’s aggressive buyback and dividend strategy, supported by stronger earnings, excess capital and business simplification. Continued returns could improve per-share earnings and investor sentiment, although they depend on sustained profitability and regulatory approval. Can Citigroup Sustain Its Aggressive Capital Return Strategy?
• Neutral Sentiment: Rate outlook reset: Citi economists moved their forecast for Federal Reserve rate cuts to 2027 after a stronger U.S. jobs report. Delayed easing could support Citi’s net interest income, but it also raises borrowing costs for consumers and businesses and may pressure credit quality and deal activity. Citigroup delays Fed rate-cut forecast to 2027
• Negative Sentiment: Sanctions-related regulatory risk: A UK regulator reportedly fined a Citi unit over breaches involving Russia sanctions. The financial impact may be manageable, but the incident adds compliance costs and reputational risk as investors monitor Citi’s ongoing control improvements. UK fines Citigroup unit over Russia sanctions breaches

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.