B. Metzler seel. Sohn & Co. AG Has $176.20 Million Stock Holdings in Citigroup Inc. $C

Key Points

• B. Metzler reduced its Citigroup stake by 19.9% in the second quarter, selling 312,621 shares and retaining 1,258,932 shares worth approximately $176.2 million. Institutional investors collectively own 71.72% of Citi.
• Citigroup reported strong quarterly results, with EPS of $3.15 and revenue of $24.77 billion, exceeding analyst estimates and marking 14.5% year-over-year revenue growth. The company also authorized up to $30 billion in share repurchases.
• Citi raised its quarterly dividend to $0.67 per share, or $2.68 annually, producing a 2.1% yield. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $145.22, though recent card-delinquency increases and share-price weakness remain concerns.

B. Metzler seel. Sohn & Co. AG trimmed its holdings in shares of Citigroup Inc. (NYSE:C - Free Report) by 19.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,258,932 shares of the company's stock after selling 312,621 shares during the period. Citigroup makes up about 1.5% of B. Metzler seel. Sohn & Co. AG's investment portfolio, making the stock its 16th biggest position. B. Metzler seel. Sohn & Co. AG owned 0.07% of Citigroup worth $176,199,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Whipplewood Advisors LLC bought a new position in Citigroup during the first quarter worth about $25,000. Mcguire Capital Advisors Inc. acquired a new position in shares of Citigroup in the 4th quarter worth approximately $25,000. Paladin Partners LLC acquired a new position in shares of Citigroup in the 2nd quarter worth approximately $27,000. TD Capital Management LLC bought a new position in shares of Citigroup during the 4th quarter worth approximately $28,000. Finally, 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 worth $28,000 after buying an additional 162 shares during the period. Institutional investors own 71.72% of the company's stock.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Potential lead-bank role in Anthropic IPO: Citigroup is reportedly set to join the top-tier banks working on Anthropic’s anticipated mega-listing. If the IPO proceeds, Citi could benefit from underwriting fees, advisory revenue and increased visibility in the fast-growing artificial-intelligence sector. The timing and final banking syndicate remain subject to change. Anthropic Set to Add Citigroup to Top IPO Banks on Mega-Listing
• Positive Sentiment: Digital-asset custody expansion: Recent coverage highlights Citi’s new custody platform, which is designed to connect traditional asset custody with digital assets, tokenized payments and institutional services. The initiative could create new transaction and custody revenue streams as institutional adoption grows, although the financial impact is still unproven. Can C Capitalize on Digital Asset Growth With New Custody Platform?
• Neutral Sentiment: Dividend-growth appeal: A market commentary is presenting Citigroup as a possible high-growth dividend stock, potentially supporting income-oriented investor interest. However, the article does not announce a new dividend increase or provide a material change to Citi’s capital-return plans. Are You Looking for a High-Growth Dividend Stock?
• Negative Sentiment: Card delinquencies edged higher: Citi’s July card delinquency rate increased modestly, renewing concerns about consumer credit quality and potential future provisions. Lower charge-offs provided some reassurance, but investors remain focused on whether weakening household finances could pressure earnings. C's July Card Delinquencies Tick Up: Will This Impact Asset Quality?
• Negative Sentiment: Recent selling momentum persists: Citigroup recently declined even as the broader market advanced, indicating company-specific or sector-related selling rather than simply market weakness. The stock is trading below its 50-day moving average, which may reinforce short-term technical pressure. This follows a strong earnings report in July, when Citi exceeded consensus EPS and revenue estimates, suggesting the current weakness is more tied to sentiment and credit concerns than to the latest reported quarter.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Royal Bank Of Canada reiterated an "outperform" rating and issued a $150.00 price target on shares of Citigroup in a research report on Wednesday, July 15th. Truist Financial reduced their target price on shares of Citigroup from $158.00 to $154.00 and set a "buy" rating on the stock in a research note on Wednesday, July 15th. Bank of America upped their target price on shares of Citigroup from $170.00 to $176.00 and gave the stock a "buy" rating in a report on Tuesday, July 7th. Wells Fargo & Company lifted their price target on shares of Citigroup from $162.00 to $165.00 and gave the company an "overweight" rating in a report on Thursday, June 18th. Finally, Zacks Research upgraded shares of Citigroup from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 16th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $145.22.

Citigroup Stock Down 2.2%

Shares of NYSE:C opened at $129.92 on Friday. The company has a 50 day moving average of $137.37 and a 200-day moving average of $126.25. The stock has a market cap of $221.59 billion, a price-to-earnings ratio of 14.03, a P/E/G ratio of 0.60 and a beta of 1.12. Citigroup Inc. has a one year low of $91.46 and a one year high of $147.96. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.99.

Citigroup (NYSE:C - Get Free Report) last posted its earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $0.41. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The company had revenue of $24.77 billion during the quarter, compared to analyst estimates of $23.74 billion. During the same period in the previous year, the company earned $1.96 EPS. The company's revenue for the quarter was up 14.5% compared to the same quarter last year. On average, sell-side analysts forecast that Citigroup Inc. will post 11.2 earnings per share for the current year.

Citigroup declared that its board has initiated a share repurchase plan on Thursday, May 7th that allows the company to repurchase $30.00 billion in shares. This repurchase authorization allows the company to purchase up to 13.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its shares are undervalued.

Citigroup Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Monday, August 3rd will be given a $0.67 dividend. The ex-dividend date is Monday, August 3rd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.1%. This is an increase from Citigroup's previous quarterly dividend of $0.60. Citigroup's dividend payout ratio is currently 28.94%.

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.

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