Brookstone Capital Management Increases Position in Citigroup Inc. $C

Brookstone Capital Management lifted its stake in Citigroup Inc. (NYSE:C) by 31.5% in the 3rd quarter, HoldingsChannel reports. The fund owned 75,914 shares of the company’s stock after purchasing an additional 18,176 shares during the quarter. Brookstone Capital Management’s holdings in Citigroup were worth $7,705,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in C. Truvestments Capital LLC raised its holdings in Citigroup by 131.6% in the first quarter. Truvestments Capital LLC now owns 433 shares of the company’s stock worth $31,000 after purchasing an additional 246 shares in the last quarter. Howard Hughes Medical Institute purchased a new position in shares of Citigroup in the 2nd quarter worth approximately $34,000. DHJJ Financial Advisors Ltd. raised its stake in shares of Citigroup by 157.1% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 414 shares of the company’s stock worth $35,000 after acquiring an additional 253 shares in the last quarter. WPG Advisers LLC purchased a new stake in Citigroup during the first quarter valued at approximately $38,000. Finally, Legacy Investment Solutions LLC acquired a new stake in Citigroup in the second quarter valued at approximately $38,000. Institutional investors own 71.72% of the company’s stock.

Citigroup Stock Up 2.0%

Shares of C stock opened at $121.79 on Friday. Citigroup Inc. has a fifty-two week low of $55.51 and a fifty-two week high of $122.84. The firm has a market capitalization of $217.92 billion, a PE ratio of 17.11, a P/E/G ratio of 0.60 and a beta of 1.21. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.99 and a current ratio of 0.99. The stock’s 50-day simple moving average is $104.61 and its 200-day simple moving average is $96.75.

Citigroup (NYSE:C) last issued its earnings results on Tuesday, October 14th. The company reported $2.24 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.35. Citigroup had a return on equity of 7.91% and a net margin of 8.73%.The firm had revenue of $22.09 billion for the quarter, compared to analyst estimates of $20.92 billion. During the same quarter in the prior year, the firm earned $1.51 earnings per share. Citigroup’s revenue for the quarter was up 9.3% on a year-over-year basis. Equities analysts expect that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Monday, November 3rd were issued a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. The ex-dividend date of this dividend was Monday, November 3rd. Citigroup’s dividend payout ratio is 33.71%.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. The Goldman Sachs Group reaffirmed a “buy” rating and set a $118.00 price target on shares of Citigroup in a research report on Tuesday, October 14th. Dbs Bank lowered Citigroup from a “moderate buy” rating to a “hold” rating in a research report on Monday, September 22nd. TD Cowen increased their price target on Citigroup from $105.00 to $110.00 and gave the company a “hold” rating in a research note on Wednesday, October 15th. Wolfe Research restated an “outperform” rating and set a $121.00 price target on shares of Citigroup in a research note on Wednesday, December 17th. Finally, Barclays increased their price objective on shares of Citigroup from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Wednesday, October 15th. Thirteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $114.50.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Street note: Citigroup outperformed peers in a strong trading session, signaling buy-side interest and momentum into the bank group. This kind of relative strength often draws additional flows into larger-cap banks like C. Citigroup Inc. stock outperforms competitors on strong trading day
• Positive Sentiment: Strategic growth: Citi is beefing up its Japan investment‑banking team (target ~30% headcount increase by 2026) to capture a record M&A wave there — a direct path to higher advisory fees and improved revenues in global markets/IB. Citigroup Seizes Japan’s M&A Boom, Plans to Expand IB Team
• Positive Sentiment: Analyst/sector tailwinds: Citi appears on lists of large banks hitting 52‑week highs and is cited among institutions likely to benefit from declining Fed rates (stronger loan demand, steadier funding costs) — a tailwind for both trading and lending franchises. 3 Bank Stocks to Keep on Your Radar as They Reach New 52-Week Highs 3 Banks Poised to Benefit Most From Declining Interest Rates
• Neutral Sentiment: Small supply risk in Asia: Anchor lock‑ins tied to Citigroup‑managed Indian IPOs are ending, which could release shares into local markets; effect on Citi is indirect (investment banking distribution role) but worth monitoring for regional market flux. Below-IPO price, anchor lock-ins for Citigroup-backed GK Energy and Saatvik Green end today

About Citigroup

Citigroup Inc is a global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. The modern Citigroup was created through the 1998 merger of Citicorp and Travelers Group and has since operated as a diversified bank holding company that provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.

Citi’s principal businesses include retail and commercial banking, credit card and consumer lending products, wealth management and private banking, and a full suite of institutional services.