Citigroup Inc. $C Stock Position Reduced by Golden State Equity Partners

Golden State Equity Partners lessened its stake in Citigroup Inc. (NYSE:C) by 21.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 16,970 shares of the company’s stock after selling 4,664 shares during the quarter. Golden State Equity Partners’ holdings in Citigroup were worth $1,722,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Howard Hughes Medical Institute purchased a new stake in shares of Citigroup during the second quarter worth $34,000. DHJJ Financial Advisors Ltd. increased its position in Citigroup by 157.1% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 414 shares of the company’s stock worth $35,000 after purchasing an additional 253 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of Citigroup during the 2nd quarter valued at about $38,000. Capital A Wealth Management LLC bought a new stake in shares of Citigroup in the 2nd quarter valued at approximately $38,000. Finally, Highline Wealth Partners LLC increased its holdings in Citigroup by 35.3% in the third quarter. Highline Wealth Partners LLC now owns 418 shares of the company’s stock worth $42,000 after buying an additional 109 shares during the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Piper Sandler projects upside for Citi, citing favorable fundamentals and positioning that could support the stock — a near-term analyst call that can boost demand from investors. Citigroup (NYSE:C) Stock Price Expected to Rise, Piper Sandler Analyst Says
• Positive Sentiment: Wall Street expects 2026 to be big for large M&A (“megadeals”), which would generate underwriting and advisory fees for big banks like Citi — a meaningful potential revenue tailwind. Wall Street Banks on 2026 as Big Year for ‘Megadeals’
• Positive Sentiment: Macro/sector positioning: market commentary and sector playbooks are highlighting financials as a potential beneficiary of rate cuts and sector rotation away from richly valued tech — a backdrop that supports bank multiple expansion. 2026 Sector Playbook: 3 Sectors Trading Below Fair Value
• Neutral Sentiment: Markets (Kalshi) show high-volume betting that Citigroup could lead a SpaceX IPO before 2028 — this is an opportunity for future underwriting revenue but only speculative until a mandate is announced. Markets bet on whether Citigroup will take SpaceX public before Jan 1, 2028
• Neutral Sentiment: Administrative/portfolio note: Citigroup entities notified Karoon Energy that their holdings fell below a substantial‑holding threshold — a routine filing that has limited direct impact on Citi fundamentals. Citigroup Entities Fall Below Substantial Holding Threshold in Karoon Energy
• Negative Sentiment: Citigroup completed its exit from Russia via a sale of the remaining unit — the transaction was costly and will likely produce a one‑time charge that weighs on near‑term earnings and capital metrics. Citigroup Finalizes Exit from Russia with Costly Sale of Remaining Unit

Analyst Ratings Changes

C has been the subject of a number of analyst reports. Morgan Stanley lifted their target price on shares of Citigroup from $129.00 to $134.00 and gave the company an “overweight” rating in a research note on Wednesday, October 15th. Bank of America lifted 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. Keefe, Bruyette & Woods increased their target price on shares of Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 17th. Cowen restated a “hold” rating on shares of Citigroup in a report on Wednesday, December 10th. Finally, Barclays boosted their price target on Citigroup from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 15th. Thirteen analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Citigroup currently has an average rating of “Moderate Buy” and an average target price of $115.25.

Citigroup Trading Down 0.5%

Citigroup stock opened at $116.67 on Friday. Citigroup Inc. has a 52 week low of $55.51 and a 52 week high of $122.84. 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 firm has a market capitalization of $208.75 billion, a PE ratio of 16.39, a PEG ratio of 0.58 and a beta of 1.18. The business’s 50-day simple moving average is $106.64 and its 200-day simple moving average is $98.14.

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

Citigroup Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Shareholders of record on Monday, November 3rd were issued a $0.60 dividend. The ex-dividend date of this dividend was Monday, November 3rd. This represents a $2.40 dividend on an annualized basis and a yield of 2.1%. Citigroup’s dividend payout ratio is 33.71%.

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.