Citigroup Inc. $C Stock Position Cut by Glenview Trust Co

Glenview Trust Co lessened its holdings in Citigroup Inc. (NYSE:C) by 12.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 231,376 shares of the company’s stock after selling 31,570 shares during the quarter. Glenview Trust Co’s holdings in Citigroup were worth $29,959,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Compass Financial Management LLC bought a new position in shares of Citigroup in the second quarter worth about $898,000. Andra AP fonden increased its stake in Citigroup by 22.3% in the 2nd quarter. Andra AP fonden now owns 274,600 shares of the company’s stock worth $38,433,000 after buying an additional 50,100 shares during the period. Saudi Central Bank lifted its holdings in Citigroup by 80.8% during the 2nd quarter. Saudi Central Bank now owns 119,392 shares of the company’s stock valued at $16,710,000 after buying an additional 53,348 shares in the last quarter. Concurrent Investment Advisors LLC lifted its holdings in Citigroup by 30.7% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 131,946 shares of the company’s stock valued at $18,467,000 after buying an additional 31,007 shares in the last quarter. Finally, State Street Corp boosted its position in Citigroup by 3.7% in the 2nd quarter. State Street Corp now owns 80,956,349 shares of the company’s stock valued at $11,199,986,000 after buying an additional 2,913,701 shares during the period. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup Price Performance

C opened at $122.62 on Friday. The company has a market capitalization of $209.14 billion, a price-to-earnings ratio of 11.96, a PEG ratio of 0.55 and a beta of 1.13. 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 business’s fifty day simple moving average is $130.02 and its 200-day simple moving average is $126.44.

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

Citigroup Dividend Announcement

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

Analyst Ratings Changes

A number of equities analysts have commented on C shares. Wall Street Zen downgraded shares of Citigroup from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Zacks Research lowered shares of Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 14th. JPMorgan Chase & Co. lifted their price target on shares of Citigroup from $147.00 to $148.50 and gave the company an “overweight” rating in a research note on Friday. Weiss Ratings lowered Citigroup from a “buy (b+)” rating to a “buy (b)” rating in a report on Friday, October 2nd. Finally, Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Citigroup in a report on Wednesday, October 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $150.87.

Key Headlines Impacting Citigroup

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.

About Citigroup

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.