United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund Grows Stock Position in Citigroup Inc. $C

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its holdings in shares of Citigroup Inc. (NYSE:C) by 39.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,700 shares of the company’s stock after acquiring an additional 1,600 shares during the quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Citigroup were worth $485,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Private Advisory Group LLC grew its holdings in shares of Citigroup by 20.8% during the first quarter. Private Advisory Group LLC now owns 69,581 shares of the company’s stock worth $4,940,000 after buying an additional 11,978 shares in the last quarter. Keystone Financial Services purchased a new stake in Citigroup in the 2nd quarter worth approximately $216,000. Brighton Jones LLC raised its holdings 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 acquiring an additional 12,499 shares during the last quarter. Hayek Kallen Investment Management lifted its stake in shares of Citigroup by 125.0% during the 1st quarter. Hayek Kallen Investment Management now owns 15,534 shares of the company’s stock worth $1,103,000 after purchasing an additional 8,630 shares during the period. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Citigroup by 3.9% during the second quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 257,930 shares of the company’s stock worth $21,955,000 after purchasing an additional 9,644 shares during the last quarter. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently weighed in on C. The Goldman Sachs Group reiterated a “buy” rating and set a $118.00 target price on shares of Citigroup in a research report on Tuesday, October 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Citigroup in a research note on Wednesday, October 8th. Truist Financial raised their target price on shares of Citigroup from $105.00 to $112.00 and gave the stock a “buy” rating in a research report on Wednesday, September 24th. Zacks Research lowered shares of Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 15th. Finally, Bank of America boosted their price objective on shares of Citigroup from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Eleven equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat.com, Citigroup has an average rating of “Moderate Buy” and an average price target of $108.70.

Citigroup Stock Performance

NYSE:C opened at $102.59 on Thursday. Citigroup Inc. has a twelve month low of $55.51 and a twelve month high of $105.59. The firm has a market capitalization of $183.56 billion, a price-to-earnings ratio of 14.41, a PEG ratio of 0.83 and a beta of 1.37. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.62. The firm’s fifty day simple moving average is $99.77 and its 200 day simple moving average is $91.65.

Citigroup (NYSE:C) last issued its earnings results on Tuesday, October 14th. The company reported $2.24 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.35. Citigroup had a return on equity of 7.91% and a net margin of 8.73%.The company had revenue of $22.09 billion during the quarter, compared to the consensus estimate of $20.92 billion. During the same quarter in the prior year, the business earned $1.51 earnings per share. The company’s revenue was up 9.3% compared to the same quarter last year. Citigroup has set its FY 2025 guidance at EPS. As a group, equities research analysts expect that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Monday, November 3rd were paid a dividend of $0.60 per share. The ex-dividend date was Monday, November 3rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.3%. Citigroup’s dividend payout ratio (DPR) is currently 33.71%.

About Citigroup

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.