Gradient Investments LLC Reduces Stock Holdings in Citigroup Inc. $C

Gradient Investments LLC lessened its holdings in Citigroup Inc. (NYSE:C) by 3.5% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 144,234 shares of the company’s stock after selling 5,263 shares during the period. Gradient Investments LLC’s holdings in Citigroup were worth $18,675,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Avidian Wealth Enterprises LLC increased its holdings in Citigroup by 1.6% during the third quarter. Avidian Wealth Enterprises LLC now owns 39,940 shares of the company’s stock worth $5,171,000 after buying an additional 645 shares during the last quarter. Valeo Financial Advisors LLC raised its holdings in shares of Citigroup by 2.2% in the 3rd quarter. Valeo Financial Advisors LLC now owns 43,307 shares of the company’s stock worth $5,607,000 after purchasing an additional 947 shares during the period. New Covenant Trust Company N.A. raised its holdings in shares of Citigroup by 8.1% in the 3rd quarter. New Covenant Trust Company N.A. now owns 3,631 shares of the company’s stock worth $470,000 after purchasing an additional 273 shares during the period. Toth Financial Advisory Corp lifted its stake in Citigroup by 3.6% in the third quarter. Toth Financial Advisory Corp now owns 9,386 shares of the company’s stock valued at $1,215,000 after purchasing an additional 330 shares during the last quarter. Finally, Venture Visionary Partners LLC grew its holdings in Citigroup by 2.3% during the third quarter. Venture Visionary Partners LLC now owns 11,701 shares of the company’s stock valued at $1,515,000 after purchasing an additional 266 shares during the period. 71.72% of the stock is owned by hedge funds and other institutional investors.

Citigroup Trading Down 0.0%

Shares of Citigroup stock traded down $0.01 during midday trading on Thursday, reaching $127.31. 3,858,232 shares of the company’s stock traded hands, compared to its average volume of 12,450,946. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market cap of $217.14 billion, a PE ratio of 13.75, a price-to-earnings-growth ratio of 0.57 and a beta of 1.13. The stock has a 50 day moving average of $133.89 and a 200-day moving average of $131.18. Citigroup Inc. has a 12 month low of $93.66 and a 12 month high of $147.96.

Citigroup (NYSE:C) last issued its quarterly earnings data on Tuesday, July 14th. The company reported $3.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.74 by $0.41. Citigroup had a net margin of 10.23% and a return on equity of 10.15%. The business had revenue of $24.77 billion for the quarter, compared to the consensus estimate of $23.74 billion. During the same period in the previous year, the firm earned $1.96 EPS. The company’s quarterly revenue was up 14.5% compared to the same quarter last year. As a group, equities analysts expect that Citigroup Inc. will post 11.19 EPS for the current fiscal year.

Citigroup Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 3rd were given a $0.67 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $2.68 annualized dividend and a dividend yield of 2.1%. This is an increase from Citigroup’s previous quarterly dividend of $0.60. Citigroup’s dividend payout ratio is currently 28.94%.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: TD Cowen initiated coverage with a Buy rating and a $150 price target, implying meaningful upside. The firm’s endorsement adds support to the view that Citi is undervalued relative to larger banking peers.
• Positive Sentiment: Recent bullish commentary argues that Citi’s transformation, cost controls and business simplification could allow the stock to rerate closer to competitors, potentially producing roughly 28% to 30% upside. Citigroup transformation analysis
• Positive Sentiment: Citi’s expanded collaboration with Coinbase connects its payment infrastructure with stablecoin rails, potentially creating new corporate, consumer and e-commerce transaction opportunities. Citi and Coinbase stablecoin partnership
• Positive Sentiment: Xsolla now enables eligible Citi Mastercard customers to redeem ThankYou Points for gaming and in-game purchases, expanding the loyalty program’s use cases and potentially supporting card engagement.
• Neutral Sentiment: Investors are focused on Citigroup’s third-quarter 2026 results, with analysts examining revenue, expenses, credit quality and other operating metrics beyond headline EPS and revenue estimates. The reports could become the next major catalyst for the stock. Citigroup Q3 estimates
• Neutral Sentiment: Citi’s research activity remains active, including favorable coverage of selected semiconductor stocks and estimates that Meta’s Muse AI assistant could become a major business. These developments may help investment-banking and research visibility but have limited immediate impact on Citigroup earnings.
• Negative Sentiment: UBS cut its Citigroup price target to $139 from $142 and maintained a Neutral rating. Autonomous Research also trimmed its target to $146 from $147 while keeping an Outperform rating, creating a modest valuation overhang.
• Negative Sentiment: Spiking Treasury yields are weighing on the banking sector ahead of third-quarter results. Although higher rates can support net interest income, rapid yield increases may pressure bond portfolios, funding costs, loan demand and trading conditions. Bank sector pressure from rising yields

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. HSBC started coverage on Citigroup in a research note on Monday, September 28th. They issued a “buy” rating and a $164.00 price objective on the stock. Evercore set a $140.00 target price on Citigroup in a report on Thursday, October 1st. Bank of America increased their price objective on Citigroup from $170.00 to $176.00 and gave the stock a “buy” rating in a research report on Tuesday, July 7th. UBS Group cut their price target on shares of Citigroup from $142.00 to $139.00 and set a “neutral” rating for the company in a research note on Monday. Finally, Wall Street Zen lowered Citigroup from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Citigroup has a consensus rating of “Moderate Buy” and a consensus price target of $151.28.

About Citigroup

Citigroup Inc is a global financial services company headquartered in New York City and listed on the New York Stock Exchange under the symbol C. Through its subsidiaries and businesses, Citi provides banking, lending, investment, payments, wealth management and other financial services to consumers, businesses, governments and institutional clients.

Citi’s principal businesses include Services, which supports institutional clients with treasury, trade, securities services and related solutions; Markets, which provides sales, trading, research and financing services; Banking, which offers investment banking and corporate banking; and Wealth, which provides private banking and wealth management.