Citigroup Inc. $C Shares Acquired by Tidal Investments LLC

Key Points

• Tidal Investments increased its Citigroup stake by 4.8% during the second quarter, bringing its holdings to 201,385 shares valued at approximately $28.2 million. Institutional investors and hedge funds collectively own 71.72% of Citigroup.
• Citigroup reported better-than-expected quarterly results, with earnings of $3.15 per share and revenue of $24.77 billion; revenue rose 14.5% year over year. The company also raised its quarterly dividend to $0.67 per share, equal to a 1.9% yield.
• Analysts maintain a generally positive outlook, with Citigroup receiving a “Moderate Buy” consensus rating and an average price target of $145.22. Recent bullish developments include private-bank expansion and investments in tokenized deposits and blockchain-based payments.

Tidal Investments LLC lifted its holdings in shares of Citigroup Inc. (NYSE:C - Free Report) by 4.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 201,385 shares of the company's stock after acquiring an additional 9,265 shares during the period. Tidal Investments LLC's holdings in Citigroup were worth $28,186,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Whipplewood Advisors LLC acquired a new position in Citigroup in the first quarter valued at $25,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Citigroup during the fourth quarter worth about $25,000. Paladin Partners LLC purchased a new position in shares of Citigroup during the second quarter worth about $27,000. TD Capital Management LLC purchased a new position in shares of Citigroup during the fourth quarter worth about $28,000. Finally, IMG Wealth Management Inc. increased its position in Citigroup by 197.6% in 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. 71.72% of the stock is owned by institutional investors and hedge funds.

Citigroup Stock Performance

NYSE C opened at $137.91 on Thursday. The stock has a market capitalization of $235.21 billion, a price-to-earnings ratio of 14.89, a PEG ratio of 0.62 and a beta of 1.12. The business's 50 day moving average is $135.05 and its two-hundred day moving average is $128.02. Citigroup Inc. has a 12-month low of $93.66 and a 12-month high of $147.96. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71.

Citigroup (NYSE:C - Get Free Report) last posted its quarterly earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, beating analysts' consensus estimates of $2.74 by $0.41. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The firm had revenue of $24.77 billion for the quarter, compared to the consensus estimate of $23.74 billion. During the same period in the previous year, the business earned $1.96 earnings per share. The company's revenue for the quarter was up 14.5% compared to the same quarter last year. Research analysts expect that Citigroup Inc. will post 11.21 EPS for the current year.

Citigroup Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 3rd were given a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Monday, August 3rd. This is an increase from Citigroup's previous quarterly dividend of $0.60. Citigroup's payout ratio is presently 28.94%.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Private-bank expansion: Citi Private Bank hired Teresa Radzinski from Bank of America to strengthen relationships with ultra-high-net-worth clients. The move could support growth in deposits, lending and wealth-management fees. Citi Private Bank hires Radzinski from Bank of America
• Positive Sentiment: Tokenized deposits: Citi plans to introduce a tokenized-deposit service for Japanese businesses, extending its blockchain-based payments capabilities into a major corporate market. The initiative could create new transaction revenue and improve payment efficiency, although commercial benefits may take time to develop. Citi plans to bring tokenized deposit service to Japanese businesses
• Positive Sentiment: Cross-border payments milestone: Citi and DBS completed a live Singapore-to-U.S. dollar payment using tokenized bank deposits and SWIFT’s blockchain-based Digital Ledger. The transaction reinforces Citi’s positioning in faster, around-the-clock institutional payments. DBS and Citi bring 24/7 tokenized dollar payments to SWIFT’s blockchain ledger
• Positive Sentiment: Bullish investment view: A Wall Street-focused analysis highlighted Citi’s restructuring progress and argued that the stock’s valuation has not fully reflected the improvement. Such commentary may reinforce investor confidence in management’s turnaround strategy. Citigroup’s restructuring is working, and valuation has not caught up
• Neutral Sentiment: Citi hosted presentations from biotechnology companies at its 2026 Biopharma Back to School Summit. The event supports Citi’s investment-banking and research franchise but is unlikely to materially affect near-term earnings. Seaport Therapeutics presents at Citi’s Biopharma Back to School Summit

Wall Street Analyst Weigh In

C has been the subject of several analyst reports. Morgan Stanley upped their price objective on Citigroup from $154.00 to $164.00 and gave the company an "overweight" rating in a research note on Monday, June 29th. Weiss Ratings raised Citigroup from a "buy (b)" rating to a "buy (b+)" rating in a report on Monday, August 24th. Wells Fargo & Company upped their price target on Citigroup from $162.00 to $165.00 and gave the stock an "overweight" rating in a research note on Thursday, June 18th. Evercore set a $143.00 price target on Citigroup in a report on Monday, July 6th. Finally, Bank of America lifted their price objective on shares of Citigroup from $170.00 to $176.00 and gave the company a "buy" rating in a research report on Tuesday, July 7th. Two 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 stock. According to MarketBeat.com, Citigroup currently has an average rating of "Moderate Buy" and an average price target of $145.22.

Citigroup Company Profile

Citigroup Inc NYSE: C is a global financial services company headquartered in New York City. Through its businesses, Citi provides banking, lending, credit card, wealth management, investment banking, securities, markets and treasury services to individuals, businesses, financial institutions and governments.

The company's operations include U.S. Personal Banking, which offers consumer banking, credit cards and lending products; Wealth Management, which serves affluent and high-net-worth clients; and its Institutional Clients Group, which provides investment banking, corporate banking, markets, securities services and transaction banking.

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