Citigroup Inc. $C Position Decreased by Terril Brothers Inc.

Terril Brothers Inc. trimmed its position in Citigroup Inc. (NYSE:C) by 0.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 407,946 shares of the company’s stock after selling 1,322 shares during the quarter. Citigroup makes up 13.1% of Terril Brothers Inc.’s investment portfolio, making the stock its largest position. Terril Brothers Inc.’s holdings in Citigroup were worth $34,724,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Private Advisory Group LLC grew its position in shares of Citigroup by 20.8% in the 1st quarter. Private Advisory Group LLC now owns 69,581 shares of the company’s stock valued at $4,940,000 after buying an additional 11,978 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in shares of Citigroup by 109.0% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,246,061 shares of the company’s stock worth $88,458,000 after purchasing an additional 649,807 shares during the last quarter. Brighton Jones LLC increased its position in shares of Citigroup by 166.9% during the fourth quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock worth $1,407,000 after purchasing an additional 12,499 shares in the last quarter. Onyx Bridge Wealth Group LLC acquired a new stake in shares of Citigroup during the first quarter worth about $214,000. Finally, Hayek Kallen Investment Management boosted its position in shares of Citigroup by 125.0% in the 1st quarter. Hayek Kallen Investment Management now owns 15,534 shares of the company’s stock valued at $1,103,000 after purchasing an additional 8,630 shares during the period. Institutional investors and hedge funds own 71.72% of the company’s stock.

Citigroup Stock Performance

NYSE C opened at $100.11 on Friday. The stock has a market capitalization of $184.30 billion, a price-to-earnings ratio of 14.06, a PEG ratio of 0.83 and a beta of 1.37. The business’s 50 day moving average is $98.50 and its two-hundred day moving average is $87.09. Citigroup Inc. has a 12-month low of $55.51 and a 12-month high of $105.59. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.62.

Citigroup (NYSE:C) last posted its quarterly earnings results on Tuesday, October 14th. The company reported $1.86 earnings per share for the quarter, missing analysts’ consensus estimates of $1.89 by ($0.03). The business had revenue of $22.09 billion during the quarter, compared to analysts’ expectations of $20.92 billion. Citigroup had a net margin of 8.73% and a return on equity of 7.91%. The firm’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.51 earnings per share. Citigroup has set its FY 2025 guidance at EPS. Research analysts expect that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Monday, November 3rd will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Monday, November 3rd. Citigroup’s dividend payout ratio (DPR) is currently 33.71%.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on C shares. Cowen restated a “hold” rating and set a $110.00 price target on shares of Citigroup in a research note on Wednesday, October 15th. Barclays raised their target price on shares of Citigroup from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Oppenheimer lowered their price objective on shares of Citigroup from $124.00 to $123.00 and set an “outperform” rating on the stock in a research report on Tuesday, September 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a research note on Wednesday, October 8th. Finally, Dbs Bank downgraded shares of Citigroup from a “moderate buy” rating to a “hold” rating in a research note on Monday, September 22nd. Eleven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $107.63.

Citigroup Company Profile

Citigroup Inc, a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.