Citigroup Inc. $C Shares Acquired by United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund

United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund raised its holdings in shares of Citigroup Inc. (NYSE:C) by 39.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,700 shares of the company’s stock after purchasing an additional 1,600 shares during the quarter. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund’s holdings in Citigroup were worth $485,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Brighton Jones LLC increased its position in shares of Citigroup by 166.9% in the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock worth $1,407,000 after purchasing an additional 12,499 shares during the last quarter. Fiera Capital Corp increased its holdings in Citigroup by 55.7% in the first quarter. Fiera Capital Corp now owns 185,085 shares of the company’s stock valued at $13,139,000 after buying an additional 66,243 shares during the last quarter. Meeder Asset Management Inc. lifted its holdings in Citigroup by 103.7% during the 1st quarter. Meeder Asset Management Inc. now owns 1,045 shares of the company’s stock worth $74,000 after buying an additional 532 shares during the last quarter. TCTC Holdings LLC grew its position in shares of Citigroup by 36.0% in the 1st quarter. TCTC Holdings LLC now owns 3,287 shares of the company’s stock worth $233,000 after acquiring an additional 870 shares in the last quarter. Finally, N.E.W. Advisory Services LLC bought a new stake in shares of Citigroup in the 1st quarter valued at approximately $50,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on C. The Goldman Sachs Group restated a “buy” rating and set a $118.00 price objective on shares of Citigroup in a research note on Tuesday, October 14th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Citigroup in a report on Wednesday, October 8th. Keefe, Bruyette & Woods raised their target price on shares of Citigroup from $112.00 to $118.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Zacks Research lowered Citigroup from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. Finally, TD Cowen raised their price target on Citigroup from $105.00 to $110.00 and gave the stock a “hold” rating in a report on Wednesday, October 15th. Eleven investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Citigroup has a consensus rating of “Moderate Buy” and a consensus target price of $108.70.

Citigroup Stock Performance

C opened at $102.59 on Thursday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.62. The business’s 50 day moving average is $99.77 and its 200-day moving average is $91.65. The stock has a market cap of $183.56 billion, a PE ratio of 14.41, a price-to-earnings-growth ratio of 0.83 and a beta of 1.37. Citigroup Inc. has a twelve month low of $55.51 and a twelve month high of $105.59.

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. 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 the consensus estimate of $20.92 billion. During the same quarter in the previous year, the business earned $1.51 EPS. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. Citigroup has set its FY 2025 guidance at EPS. On average, analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Monday, November 3rd were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Monday, November 3rd. Citigroup’s dividend payout ratio is currently 33.71%.

About Citigroup

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.