Citigroup Inc. $C Shares Sold by Soltis Investment Advisors LLC

Key Points

• Soltis Investment Advisors reduced its Citigroup stake by 29.8% in the third quarter, selling 24,324 shares and retaining 57,277 shares valued at approximately $7.4 million. Institutional investors and hedge funds own 71.72% of Citigroup.
• Citigroup exceeded quarterly earnings expectations, reporting $2.85 in EPS and $23.84 billion in revenue, with revenue up 7.9% year over year. The company also declared a quarterly dividend of $0.67 per share, representing a 2.1% yield.
• Analysts maintain a generally positive view, with Citigroup carrying a “Moderate Buy” consensus rating and an average price target of $150.79, despite some recent target and rating reductions.

Soltis Investment Advisors LLC cut its holdings in shares of Citigroup Inc. (NYSE:C - Free Report) by 29.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 57,277 shares of the company's stock after selling 24,324 shares during the period. Soltis Investment Advisors LLC's holdings in Citigroup were worth $7,416,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Paladin Partners LLC acquired a new position in Citigroup in the 2nd quarter worth about $27,000. Pin Oak Investment Advisors Inc. purchased a new position in Citigroup during the second quarter worth approximately $29,000. Balance Wealth Partners LLC acquired a new stake in Citigroup in the third quarter valued at approximately $27,000. Whipplewood Advisors LLC acquired a new stake in Citigroup in the first quarter valued at approximately $25,000. Finally, Center for Financial Planning Inc. grew its holdings in Citigroup by 78.7% in the third quarter. Center for Financial Planning Inc. now owns 243 shares of the company's stock valued at $31,000 after purchasing an additional 107 shares during the period. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup raised its 2026 return-on-tangible-common-equity target above 11%, increased its net interest income outlook and authorized a new $30 billion share-buyback program. The company also increased its dividend, reinforcing the capital-return case. Citigroup Could Be 18% Undervalued
• Positive Sentiment: Analysts point to accelerating profitability: return on tangible common equity improved by 400 basis points year over year to 12.6% during the first nine months of 2026, supported by revenue growth, cost controls and transformation efforts. Citigroup’s latest quarterly earnings also exceeded consensus expectations. Citigroup Profitability Gains Accelerate
• Positive Sentiment: One valuation analysis estimates that C could be approximately 18% undervalued if the improved earnings outlook, higher returns and buyback are sustained, offering a potential catalyst for additional investor interest. Citigroup Valuation Analysis
• Neutral Sentiment: Options-market activity suggests traders are positioning for a potentially larger move in Citigroup stock, but the report does not establish whether that positioning is bullish or bearish. Options Traders Betting on a Big Move
• Neutral Sentiment: Citi Wealth head Andy Sieg continues to recommend private credit as a core allocation despite market volatility and fund-withdrawal requests reaching quarterly limits. The comments support Citi’s wealth-management franchise but also underscore liquidity and credit-market risks. Citi’s Private Credit View
• Negative Sentiment: The Federal Reserve’s decision to hold rates while leaving open the possibility of further tightening could pressure bank valuations and raise concerns about credit quality, even though higher rates may support net interest income. Fed Holds Rates and Signals Possible Tightening

Citigroup Trading Up 1.3%

Shares of Citigroup stock opened at $125.73 on Friday. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.78. Citigroup Inc. has a twelve month low of $95.83 and a twelve month high of $147.96. The firm has a market capitalization of $214.44 billion, a PE ratio of 12.27, a P/E/G ratio of 0.54 and a beta of 1.13. The firm's 50-day moving average price is $130.17 and its 200 day moving average price is $126.42.

Citigroup (NYSE:C - Get Free Report) last posted its quarterly earnings data on Tuesday, October 13th. The company reported $2.85 EPS for the quarter, topping the consensus estimate of $2.66 by $0.19. Citigroup had a return on equity of 10.57% and a net margin of 10.97%. The company had revenue of $23.84 billion during the quarter, compared to analyst estimates of $23.74 billion. During the same period in the previous year, the business earned $1.86 EPS. Citigroup's quarterly revenue was up 7.9% on a year-over-year basis. On average, sell-side analysts predict that Citigroup Inc. will post 11.44 EPS for the current fiscal year.

Citigroup Dividend Announcement

The company also recently declared 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 2.1%. The ex-dividend date is Monday, November 2nd. Citigroup's payout ratio is presently 26.15%.

Analyst Ratings Changes

Several brokerages have recently weighed in on C. Royal Bank Of Canada reduced their target price on Citigroup from $150.00 to $135.00 and set an "outperform" rating for the company in a research note on Wednesday, October 14th. Weiss Ratings lowered Citigroup from a "buy (b+)" rating to a "buy (b)" rating in a research report on Friday, October 2nd. Loop Capital set a $155.00 price target on shares of Citigroup in a research note on Tuesday, October 13th. Zacks Research lowered shares of Citigroup from a "strong-buy" rating to a "hold" rating in a report on Monday, September 14th. Finally, Bank of America upped their price objective on shares of Citigroup from $170.00 to $176.00 and gave the stock a "buy" rating in a research report on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $150.79.

Citigroup Company Profile

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.

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