Integrated Wealth Concepts LLC Sells 10,009 Shares of Citigroup Inc. $C

Integrated Wealth Concepts LLC cut its stake in shares of Citigroup Inc. (NYSE:C) by 7.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 133,986 shares of the company’s stock after selling 10,009 shares during the period. Integrated Wealth Concepts LLC’s holdings in Citigroup were worth $18,753,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Compass Financial Management LLC bought a new position in Citigroup during the second quarter worth $898,000. UniSuper Management Pty Ltd boosted its holdings in shares of Citigroup by 38.8% during the 4th quarter. UniSuper Management Pty Ltd now owns 1,306,851 shares of the company’s stock worth $152,496,000 after buying an additional 365,041 shares during the period. Brighton Jones LLC grew its stake in Citigroup by 166.9% in the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock valued at $1,407,000 after buying an additional 12,499 shares during the last quarter. Allstate Corp raised its holdings in Citigroup by 110.4% in the 4th quarter. Allstate Corp now owns 140,596 shares of the company’s stock valued at $16,406,000 after acquiring an additional 73,758 shares during the period. Finally, Vestor Capital LLC lifted its position in Citigroup by 4,918,233.3% during the first quarter. Vestor Capital LLC now owns 295,100 shares of the company’s stock worth $33,467,000 after acquiring an additional 295,094 shares during the last quarter. 71.72% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on C. Morgan Stanley increased their target price on Citigroup from $154.00 to $164.00 and gave the stock an “overweight” rating in a research note on Monday, June 29th. Wall Street Zen downgraded Citigroup from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Argus set a $150.00 price objective on Citigroup in a report on Wednesday, July 15th. Oppenheimer cut Citigroup from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 30th. Finally, Truist Financial dropped their target price on Citigroup from $158.00 to $154.00 and set a “buy” rating for the company in a report 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 given a Hold rating to the stock. According to MarketBeat, Citigroup currently has an average rating of “Moderate Buy” and an average target price of $145.22.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Private-bank expansion: Citi Private Bank hired Teresa Radzinski from Bank of America to strengthen relationships with ultra-high-net-worth clients. The move could support growth in deposits, lending and wealth-management fees. Citi Private Bank hires Radzinski from Bank of America
• Positive Sentiment: Tokenized deposits: Citi plans to introduce a tokenized-deposit service for Japanese businesses, extending its blockchain-based payments capabilities into a major corporate market. The initiative could create new transaction revenue and improve payment efficiency, although commercial benefits may take time to develop. Citi plans to bring tokenized deposit service to Japanese businesses
• Positive Sentiment: Cross-border payments milestone: Citi and DBS completed a live Singapore-to-U.S. dollar payment using tokenized bank deposits and SWIFT’s blockchain-based Digital Ledger. The transaction reinforces Citi’s positioning in faster, around-the-clock institutional payments. DBS and Citi bring 24/7 tokenized dollar payments to SWIFT’s blockchain ledger
• Positive Sentiment: Bullish investment view: A Wall Street-focused analysis highlighted Citi’s restructuring progress and argued that the stock’s valuation has not fully reflected the improvement. Such commentary may reinforce investor confidence in management’s turnaround strategy. Citigroup’s restructuring is working, and valuation has not caught up
• Neutral Sentiment: Citi hosted presentations from biotechnology companies at its 2026 Biopharma Back to School Summit. The event supports Citi’s investment-banking and research franchise but is unlikely to materially affect near-term earnings. Seaport Therapeutics presents at Citi’s Biopharma Back to School Summit

Citigroup Price Performance

Citigroup stock opened at $137.91 on Thursday. The stock has a 50-day moving average price of $135.05 and a two-hundred day moving average price of $128.02. Citigroup Inc. has a 12 month low of $93.66 and a 12 month high of $147.96. The company has a market capitalization of $235.21 billion, a PE ratio of 14.89, a P/E/G ratio of 0.62 and a beta of 1.12. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71.

Citigroup (NYSE:C) last released its quarterly earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.74 by $0.41. The firm had revenue of $24.77 billion during the quarter, compared to the consensus estimate of $23.74 billion. Citigroup had a net margin of 10.23% and a return on equity of 10.15%. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter last year, the firm earned $1.96 earnings per share. Analysts expect that Citigroup Inc. will post 11.21 EPS for the current year.

Citigroup Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 3rd were given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.9%. This is a positive change from Citigroup’s previous quarterly dividend of $0.60. The ex-dividend date was Monday, August 3rd. Citigroup’s dividend payout ratio is 28.94%.

About Citigroup

Citigroup Inc (NYSE:C) is a global financial services company headquartered in New York City. Through its businesses, Citi provides banking, lending, credit card, wealth management, investment banking, securities, markets and treasury services to individuals, businesses, financial institutions and governments.

The company’s operations include U.S. Personal Banking, which offers consumer banking, credit cards and lending products; Wealth Management, which serves affluent and high-net-worth clients; and its Institutional Clients Group, which provides investment banking, corporate banking, markets, securities services and transaction banking.