4,415 Shares of Citigroup Inc. $C Acquired by Leo Wealth LLC

Leo Wealth LLC bought a new stake in shares of Citigroup Inc. (NYSE:C) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 4,415 shares of the company’s stock, valued at approximately $572,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Whipplewood Advisors LLC bought a new stake in shares of Citigroup in the 1st quarter worth approximately $25,000. Paladin Partners LLC purchased a new position in Citigroup in the second quarter valued at approximately $27,000. IMG Wealth Management Inc. lifted its stake in Citigroup by 197.6% in the first quarter. IMG Wealth Management Inc. now owns 244 shares of the company’s stock valued at $28,000 after purchasing an additional 162 shares during the last quarter. Scarborough Advisors LLC bought a new position in Citigroup during the first quarter valued at $29,000. Finally, Pin Oak Investment Advisors Inc. bought a new position in Citigroup during the second quarter valued at $29,000. 71.72% of the stock is owned by institutional investors.

Citigroup Trading Up 1.4%

Shares of C stock opened at $122.71 on Wednesday. The firm’s 50 day moving average is $130.58 and its 200 day moving average is $126.38. The stock has a market capitalization of $209.29 billion, a P/E ratio of 11.97 and a beta of 1.13. Citigroup Inc. has a 12 month low of $95.83 and a 12 month high of $147.96.

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 analysts’ consensus estimates of $2.66 by $0.19. The business had revenue of $23.84 billion during the quarter, compared to analysts’ expectations of $23.74 billion. During the same quarter in the prior year, the firm posted $1.86 earnings per share. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. On average, equities analysts predict that Citigroup Inc. will post 11.44 EPS for the current year.

Citigroup Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Monday, November 2nd will be issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Monday, November 2nd. Citigroup’s dividend payout ratio (DPR) is presently 26.15%.

Analysts Set New Price Targets

A number of analysts have issued reports on C shares. Wall Street Zen downgraded Citigroup from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. HSBC initiated coverage on Citigroup in a research report on Monday, September 28th. They set a “buy” rating and a $164.00 price target on the stock. Zacks Research downgraded Citigroup from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Loop Capital set a $155.00 price objective on Citigroup in a report on Tuesday, October 13th. Finally, Argus set a $150.00 price objective on Citigroup in a research note on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $150.79.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Higher 2026 profitability target: Citigroup raised its 2026 return on tangible common equity outlook to above 11%, citing solid revenue growth, improving efficiency and progress in its multiyear transformation. The upgrade reinforces the turnaround thesis and may support higher earnings estimates. Citigroup Lifts 2026 RoTCE Outlook
• Positive Sentiment: China securities expansion: Citigroup received approval from China’s securities regulator to establish a wholly owned onshore securities business. The unit is expected to offer brokerage, underwriting, research and principal-trading services, creating longer-term growth opportunities in China’s capital markets. Citigroup Enters China’s Securities Market
• Positive Sentiment: Card partnership enhanced: Citi and American Airlines announced additional rewards and travel benefits for two AAdvantage credit cards. The changes could improve customer engagement and card spending, although the financial impact is likely gradual. American Airlines and Citi Enhance AAdvantage Cards
• Neutral Sentiment: Retail banking strategy: Citi launched Premium Boost, offering higher savings rates to customers who deepen their relationship with the bank. The program may help attract deposits and cross-sell products, but higher funding costs could weigh on margins. Citi Raises Savings Rates
• Neutral Sentiment: Other reported activity: Citigroup disclosed that its voting interest in Solvay fell below 3%. This appears to be a routine investment disclosure with little direct effect on Citigroup’s earnings or valuation. Citigroup Cuts Stake in Solvay

Citigroup Profile

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.