First Command Advisory Services Inc. Sells 400 Shares of Citigroup Inc. $C

First Command Advisory Services Inc. lessened its holdings in Citigroup Inc. (NYSE:C) by 23.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,321 shares of the company’s stock after selling 400 shares during the quarter. First Command Advisory Services Inc.’s holdings in Citigroup were worth $112,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Onyx Bridge Wealth Group LLC grew its stake in shares of Citigroup by 3.6% during the 2nd quarter. Onyx Bridge Wealth Group LLC now owns 3,117 shares of the company’s stock worth $265,000 after acquiring an additional 109 shares during the period. Secure Asset Management LLC raised its holdings in shares of Citigroup by 3.7% in the 2nd quarter. Secure Asset Management LLC now owns 3,290 shares of the company’s stock valued at $280,000 after acquiring an additional 118 shares in the last quarter. Golden State Equity Partners raised its holdings in shares of Citigroup by 0.6% in the 2nd quarter. Golden State Equity Partners now owns 21,634 shares of the company’s stock valued at $1,842,000 after acquiring an additional 122 shares in the last quarter. Wedmont Private Capital raised its holdings in shares of Citigroup by 0.5% in the 2nd quarter. Wedmont Private Capital now owns 23,706 shares of the company’s stock valued at $2,034,000 after acquiring an additional 129 shares in the last quarter. Finally, RDA Financial Network raised its holdings in shares of Citigroup by 3.4% in the 2nd quarter. RDA Financial Network now owns 3,940 shares of the company’s stock valued at $335,000 after acquiring an additional 130 shares in the last quarter. Institutional investors own 71.72% of the company’s stock.

Analyst Upgrades and Downgrades

C has been the topic of several recent analyst reports. Oppenheimer lowered their price target on Citigroup from $124.00 to $123.00 and set an “outperform” rating on the stock in a report on Tuesday, September 23rd. Bank of America raised their price target on Citigroup from $115.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Evercore ISI set a $77.00 price target on Citigroup in a report on Monday, July 7th. Dbs Bank cut Citigroup from a “moderate buy” rating to a “hold” rating in a report on Monday, September 22nd. Finally, Barclays raised their price objective on Citigroup from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Eleven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $107.63.

Citigroup Price Performance

C opened at $100.97 on Tuesday. The stock’s 50 day simple moving average is $98.07 and its 200 day simple moving average is $86.45. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.99 and a quick ratio of 0.99. Citigroup Inc. has a 1 year low of $55.51 and a 1 year high of $105.59. The firm has a market cap of $185.87 billion, a price-to-earnings ratio of 14.18, a PEG ratio of 0.83 and a beta of 1.37.

Citigroup (NYSE:C) last posted its quarterly earnings results on Tuesday, October 14th. The company reported $1.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.89 by ($0.03). Citigroup had a return on equity of 7.91% and a net margin of 8.73%.The company had revenue of $22.09 billion for the quarter, compared to the consensus estimate of $20.92 billion. During the same quarter in the previous year, the business earned $1.51 earnings per share. Citigroup’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, analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 26th. Stockholders of record on Monday, November 3rd will be given 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%.

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.