Citigroup Inc. $C Shares Sold by Golden State Equity Partners

Golden State Equity Partners reduced its stake in Citigroup Inc. (NYSE:C) by 21.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 16,970 shares of the company’s stock after selling 4,664 shares during the period. Golden State Equity Partners’ holdings in Citigroup were worth $1,722,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Howard Hughes Medical Institute acquired a new stake in Citigroup in the second quarter worth $34,000. DHJJ Financial Advisors Ltd. grew its position in shares of Citigroup by 157.1% during the second quarter. DHJJ Financial Advisors Ltd. now owns 414 shares of the company’s stock worth $35,000 after acquiring an additional 253 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in shares of Citigroup in the 2nd quarter worth about $38,000. Capital A Wealth Management LLC bought a new stake in Citigroup in the 2nd quarter valued at about $38,000. Finally, Highline Wealth Partners LLC boosted its stake in Citigroup by 35.3% during the 3rd quarter. Highline Wealth Partners LLC now owns 418 shares of the company’s stock valued at $42,000 after purchasing an additional 109 shares during the period. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on C shares. Morgan Stanley lifted their target price on 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 raised their target price on Citigroup from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Wells Fargo & Company reiterated an “overweight” rating on shares of Citigroup in a research report on Wednesday. Cowen restated a “hold” rating on shares of Citigroup in a research report on Wednesday, December 10th. Finally, TD Cowen boosted their target price on shares of Citigroup from $105.00 to $110.00 and gave the stock a “hold” rating in a report on Wednesday, October 15th. Thirteen research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, Citigroup presently has a consensus rating of “Moderate Buy” and an average target price of $115.25.

Citigroup Stock Performance

Citigroup stock opened at $116.67 on Friday. Citigroup Inc. has a fifty-two week low of $55.51 and a fifty-two week high of $122.84. The firm’s 50 day simple moving average is $106.64 and its 200-day simple moving average is $98.14. The company has a debt-to-equity ratio of 1.62, a current ratio of 0.99 and a quick ratio of 0.99. The company has a market cap of $208.75 billion, a P/E ratio of 16.39, a price-to-earnings-growth ratio of 0.58 and a beta of 1.18.

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

Citigroup Dividend Announcement

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 dividend of $0.60 per share. The ex-dividend date was Monday, November 3rd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.1%. Citigroup’s payout ratio is currently 33.71%.

Trending Headlines about Citigroup

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

Citigroup Company Profile

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.