Citigroup Inc. $C Shares Purchased by DHJJ Financial Advisors Ltd.

DHJJ Financial Advisors Ltd. boosted its holdings in Citigroup Inc. (NYSE:C) by 157.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 414 shares of the company’s stock after purchasing an additional 253 shares during the quarter. DHJJ Financial Advisors Ltd.’s holdings in Citigroup were worth $35,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in C. Brighton Jones LLC increased its stake in Citigroup by 166.9% in the fourth quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock valued at $1,407,000 after purchasing an additional 12,499 shares during the last quarter. NBC Securities Inc. increased its stake in Citigroup by 108,133.3% in the first quarter. NBC Securities Inc. now owns 3,247 shares of the company’s stock valued at $230,000 after purchasing an additional 3,244 shares during the last quarter. Matrix Trust Co increased its stake in Citigroup by 55.9% during the first quarter. Matrix Trust Co now owns 2,113 shares of the company’s stock worth $150,000 after acquiring an additional 758 shares during the last quarter. Vest Financial LLC increased its stake in Citigroup by 73.5% during the first quarter. Vest Financial LLC now owns 15,482 shares of the company’s stock worth $1,099,000 after acquiring an additional 6,559 shares during the last quarter. Finally, Armstrong Fleming & Moore Inc acquired a new stake in Citigroup during the first quarter worth about $470,000. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

C has been the subject of several research analyst reports. TD Cowen upped their price target on Citigroup from $85.00 to $95.00 and gave the stock a “hold” rating in a research note on Wednesday, July 16th. Dbs Bank lowered Citigroup from a “moderate buy” rating to a “hold” rating in a research note on Monday, September 22nd. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a research note on Saturday, September 27th. Zacks Research lowered Citigroup from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 15th. Finally, Evercore ISI set a $77.00 price target on Citigroup in a research note on Monday, July 7th. Eleven investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $99.68.

Insider Buying and Selling

In related news, Director Peter B. Henry sold 3,000 shares of the stock in a transaction dated Wednesday, July 16th. The stock was sold at an average price of $90.40, for a total value of $271,200.00. Following the completion of the transaction, the director owned 2,140 shares of the company’s stock, valued at approximately $193,456. This represents a 58.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.08% of the company’s stock.

Citigroup Price Performance

C stock opened at $97.58 on Friday. The company has a debt-to-equity ratio of 1.61, a quick ratio of 0.99 and a current 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 $179.64 billion, a P/E ratio of 14.41, a price-to-earnings-growth ratio of 0.83 and a beta of 1.37. The stock has a 50-day simple moving average of $96.79 and a 200-day simple moving average of $82.89.

Citigroup (NYSE:C) last posted its earnings results on Tuesday, July 15th. The company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.61 by $0.35. The business had revenue of $21.67 billion during the quarter, compared to analyst estimates of $20.75 billion. Citigroup had a return on equity of 7.29% and a net margin of 8.44%.The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.52 earnings per share. Citigroup has set its FY 2025 guidance at EPS. On average, equities analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 22nd. Investors of record on Monday, August 4th were issued a $0.60 dividend. This is an increase from Citigroup’s previous quarterly dividend of $0.56. This represents a $2.40 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Monday, August 4th. Citigroup’s dividend payout ratio (DPR) is currently 35.45%.

Citigroup 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.