Citigroup Inc. $C Stock: Heritage Investors Management Corp Cuts Position

Posted by Brenda Bartman on Nov 2nd, 2026

Heritage Investors Management Corp decreased its stake in Citigroup Inc. (NYSE:C – Free Report) by 3.7% in the 3rd quarter, Holdings Channel reports. The firm owned 262,153 shares of the company’s stock after selling 10,173 shares during the quarter. Citigroup accounts for approximately 1.0% of Heritage Investors Management Corp’s portfolio, making the stock its 29th biggest position. Heritage Investors Management Corp’s holdings in Citigroup were worth $33,944,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Whipplewood Advisors LLC acquired a new position in Citigroup during the first quarter worth about $25,000. Paladin Partners LLC purchased a new position in Citigroup in the second quarter valued at about $27,000. Balance Wealth Partners LLC acquired a new stake in shares of Citigroup during the 3rd quarter valued at approximately $27,000. IMG Wealth Management Inc. lifted its position in shares of Citigroup by 197.6% during the 1st quarter. IMG Wealth Management Inc. now owns 244 shares of the company’s stock valued at $28,000 after acquiring an additional 162 shares during the period. Finally, Scarborough Advisors LLC acquired a new stake in shares of Citigroup during the 1st quarter valued at approximately $29,000. Hedge funds and other institutional investors own 71.72% of the company’s stock.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: Debt redemption may improve funding flexibility. Citibank, N.A., Citigroup’s principal banking subsidiary, announced the full redemption of $2 billion of 5.488% notes due 2026 and $500 million of floating-rate notes due 2026. Retiring the obligations could reduce future interest expense and refinancing needs, although it also uses $2.5 billion of cash. Citibank Announces $2 Billion Redemption of Notes
Positive Sentiment: Recent operating trends remain supportive. Citigroup’s latest reported quarter exceeded consensus estimates on earnings and revenue, while management raised its 2026 return-on-tangible-common-equity target above 11%, improved its net-interest-income outlook, increased the dividend and authorized a new $30 billion buyback. These measures provide potential support for earnings per share and shareholder returns. Citigroup Could Be Undervalued
Neutral Sentiment: Options activity signals volatility, not direction. Recent options-market activity indicates traders are positioning for a potentially large move in C stock, but the available report does not establish whether investors are predominantly bullish or bearish. Options Traders Betting on a Big Move in Citigroup Stock
Negative Sentiment: Technical weakness is offsetting the fundamental positives. Shares remain below both their 50-day and 200-day moving averages after a recent pullback. That positioning can encourage short-term selling and profit-taking, particularly while investors await a clearer catalyst beyond the buyback, dividend and guidance upgrades.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on C shares. Weiss Ratings lowered Citigroup from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, October 2nd. Zacks Research downgraded Citigroup from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 14th. Argus set a $150.00 price objective on Citigroup in a report on Wednesday, July 15th. JPMorgan Chase & Co. lifted their price objective on Citigroup from $147.00 to $148.50 and gave the stock an “overweight” rating in a report on Friday. Finally, Royal Bank Of Canada decreased their target price on Citigroup from $150.00 to $135.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 14th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $150.87.

Check Out Our Latest Research Report on Citigroup

Citigroup Stock Performance

Shares of C opened at $122.62 on Monday. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.78. The stock has a market cap of $209.14 billion, a P/E ratio of 11.96, a PEG ratio of 0.54 and a beta of 1.18. The company has a 50-day moving average of $130.02 and a two-hundred day moving average of $126.44. Citigroup Inc. has a 12-month low of $95.83 and a 12-month high of $147.96.

Citigroup (NYSE:C – Get Free Report) last announced its quarterly earnings results on Tuesday, October 13th. The company reported $2.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.66 by $0.19. The company had revenue of $23.84 billion for the quarter, compared to the consensus estimate of $23.74 billion. Citigroup had a net margin of 10.97% and a return on equity of 10.57%. The company’s revenue for the quarter was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.86 earnings per share. As a group, research analysts predict that Citigroup Inc. will post 11.44 EPS for the current fiscal year.

Citigroup Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Investors of record on Monday, November 2nd will be given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Monday, November 2nd. Citigroup’s payout ratio is currently 26.15%.

Citigroup Profile

(Free Report)

Citigroup Inc is a global financial services company headquartered in New York City and operates under the Citi brand. The company provides banking, lending, investment, wealth management and other financial services to individuals, businesses, institutions and governments.

Citi’s consumer offerings include checking and savings accounts, credit cards, mortgages, personal lending and wealth management services. Through its institutional businesses, the company provides investment banking, commercial banking, securities brokerage, markets and trading, cash management, trade finance and custody services.