Wealthfront Advisers LLC Grows Stock Holdings in Citigroup Inc. $C

Wealthfront Advisers LLC lifted its position in Citigroup Inc. (NYSE:C) by 6.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 198,066 shares of the company’s stock after purchasing an additional 12,425 shares during the quarter. Wealthfront Advisers LLC’s holdings in Citigroup were worth $20,104,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of C. Navellier & Associates Inc. lifted its position in Citigroup by 19.9% in the 3rd quarter. Navellier & Associates Inc. now owns 14,264 shares of the company’s stock worth $1,448,000 after buying an additional 2,366 shares during the last quarter. Johnson Investment Counsel Inc. raised its stake in shares of Citigroup by 1.3% during the third quarter. Johnson Investment Counsel Inc. now owns 13,076 shares of the company’s stock worth $1,327,000 after acquiring an additional 168 shares in the last quarter. Profund Advisors LLC lifted its holdings in shares of Citigroup by 13.9% in the 3rd quarter. Profund Advisors LLC now owns 25,443 shares of the company’s stock worth $2,582,000 after acquiring an additional 3,098 shares during the last quarter. Francis Financial Inc. purchased a new stake in shares of Citigroup in the 3rd quarter valued at $147,000. Finally, Candriam S.C.A. grew its holdings in shares of Citigroup by 3.3% during the 3rd quarter. Candriam S.C.A. now owns 232,098 shares of the company’s stock valued at $23,558,000 after purchasing an additional 7,496 shares during the last quarter. 71.72% of the stock is currently owned by institutional investors.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: JPMorgan raised its price target on Citigroup to $134 and kept an “Overweight” rating, providing a near-term analyst-driven upside case for the shares. Benzinga: JPMorgan raises PT
• Positive Sentiment: Citi recently hit a 52‑week high, reflecting strong momentum and encouraging investor sentiment that can support further gains if fundamentals remain intact. Investing.com: Citigroup hits 52-week high
• Neutral Sentiment: Citigroup served as a joint global coordinator on the UI Boustead REIT pre‑IPO marketing — a routine investment‑banking role that generates fees but is not a material event by itself. Economic Times: UI Boustead REIT premarketing
• Neutral Sentiment: Citigroup entities notified they ceased to be a substantial holder in IDP Education — a portfolio repositioning move by Citi’s trading/asset teams that doesn’t indicate a change in corporate fundamentals. TipRanks: Citi sells IDP stake
• Negative Sentiment: Seeking Alpha flagged Citi’s new 6.25% preferred issuance (rated a “Hold”); issuance of higher‑yield preferred stock can signal capital needs and may be perceived as incremental financing that is less favorable for common shareholders. Seeking Alpha: Citigroup issues new 6.25% preferred
• Negative Sentiment: Recent quarterly results were mixed: Citi beat EPS estimates but missed revenue expectations, which can spark concern about top‑line momentum even when profitability metrics look OK — a likely contributor to intraday weakness.

Analysts Set New Price Targets

Several research firms have weighed in on C. Piper Sandler set a $135.00 price target on shares of Citigroup in a research note on Thursday, January 15th. TD Cowen reiterated a “hold” rating on shares of Citigroup in a report on Wednesday, January 7th. JPMorgan Chase & Co. increased their target price on Citigroup from $130.00 to $134.00 and gave the company an “overweight” rating in a report on Monday. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a research report on Wednesday, January 21st. Finally, Truist Financial boosted their price objective on Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, fourteen 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 an average target price of $126.19.

Citigroup Trading Down 1.4%

C opened at $122.09 on Wednesday. The business has a 50 day simple moving average of $116.07 and a two-hundred day simple moving average of $104.41. The firm has a market capitalization of $218.45 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 0.79 and a beta of 1.18. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 0.99. Citigroup Inc. has a one year low of $55.51 and a one year high of $125.16.

Citigroup (NYSE:C) last issued its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 earnings per share 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 firm had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. During the same period last year, the company earned $1.34 EPS. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. Analysts predict that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Announces Dividend

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

Citigroup 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.