Brookstone Capital Management Raises Stock Holdings in Citigroup Inc. $C

Brookstone Capital Management lifted its holdings in Citigroup Inc. (NYSE:C) by 31.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor 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 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of C. Vanguard Group Inc. lifted its holdings in shares of Citigroup by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 165,851,890 shares of the company’s stock valued at $14,117,313,000 after acquiring an additional 1,148,451 shares during the last quarter. Geode Capital Management LLC increased its stake in Citigroup by 1.0% during the second quarter. Geode Capital Management LLC now owns 42,957,190 shares of the company’s stock worth $3,645,084,000 after acquiring an additional 411,894 shares during the last quarter. Franklin Resources Inc. raised its position in Citigroup by 2.2% during the second quarter. Franklin Resources Inc. now owns 32,290,532 shares of the company’s stock valued at $2,748,571,000 after purchasing an additional 679,967 shares during the period. Fisher Asset Management LLC raised its position in Citigroup by 3.2% during the second quarter. Fisher Asset Management LLC now owns 32,161,457 shares of the company’s stock valued at $2,737,583,000 after purchasing an additional 988,152 shares during the period. Finally, Norges Bank bought a new stake in shares of Citigroup in the 2nd quarter valued at approximately $2,455,929,000. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on C. TD Cowen boosted their target price on Citigroup from $105.00 to $110.00 and gave the company a “hold” rating in a research report on Wednesday, October 15th. UBS Group reiterated a “neutral” rating and set a $108.00 price objective on shares of Citigroup in a research report on Monday, November 24th. Piper Sandler set a $118.00 target price on shares of Citigroup in a research note on Wednesday, December 10th. Wolfe Research reaffirmed an “outperform” rating and set a $121.00 price target on shares of Citigroup in a research note on Wednesday, December 17th. Finally, Barclays upped their price target on shares of Citigroup from $100.00 to $115.00 and gave the company an “overweight” rating in a report on Wednesday, October 15th. Thirteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $114.50.

Key Headlines Impacting Citigroup

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

Citigroup Price Performance

Shares of C stock opened at $121.79 on Friday. Citigroup Inc. has a twelve month low of $55.51 and a twelve month high of $122.84. 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 stock has a fifty day simple moving average of $104.61 and a two-hundred day simple moving average of $96.75. The stock has a market capitalization of $217.92 billion, a price-to-earnings ratio of 17.11, a P/E/G ratio of 0.60 and a beta of 1.21.

Citigroup (NYSE:C) last released its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $20.92 billion. During the same period in the previous year, the company posted $1.51 earnings per share. The firm’s quarterly revenue was up 9.3% on a year-over-year basis. On average, analysts predict that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

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