Curated Wealth Partners LLC Sells 1,151,554 Shares of Citigroup Inc. $C

Key Points

• Curated Wealth Partners sharply reduced its Citigroup stake by selling 1,151,554 shares, an 98.9% decrease, leaving it with 13,172 shares valued at approximately $1.7 million.
• Citigroup reported a strong third quarter, with EPS of $2.85 beating estimates, revenue rising 7.9% year over year to about $23.84 billion, and net income increasing roughly 40% to $5.2 billion.
• The bank raised its quarterly dividend to $0.67 per share, while analysts maintained a generally positive outlook with a “Moderate Buy” consensus and an average price target of $150.79.

Curated Wealth Partners LLC trimmed its stake in shares of Citigroup Inc. (NYSE:C - Free Report) by 98.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,172 shares of the company's stock after selling 1,151,554 shares during the quarter. Curated Wealth Partners LLC's holdings in Citigroup were worth $1,706,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the company. WealthPlan Investment Management LLC lifted its holdings in Citigroup by 26.3% in the third quarter. WealthPlan Investment Management LLC now owns 3,807 shares of the company's stock worth $493,000 after purchasing an additional 792 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors raised its stake in shares of Citigroup by 66.6% in the 3rd quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 2,529 shares of the company's stock worth $327,000 after buying an additional 1,011 shares in the last quarter. Nvwm LLC grew its holdings in Citigroup by 5.8% during the third quarter. Nvwm LLC now owns 15,822 shares of the company's stock worth $2,049,000 after acquiring an additional 873 shares during the period. Fort Washington Investment Advisors Inc. OH lifted its holdings in Citigroup by 1.1% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 489,281 shares of the company's stock valued at $63,352,000 after acquiring an additional 5,517 shares during the last quarter. Finally, VMS Asset Management Limited bought a new stake in shares of Citigroup in the 3rd quarter worth approximately $3,870,000. Institutional investors own 71.72% of the company's stock.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Strong Q3 performance: Citigroup reported $2.85 in EPS versus a $2.66 consensus estimate and $23.85 billion in revenue, up 7.9% year over year. Net income rose roughly 40% to $5.2 billion, helped by Services, investment banking, wealth management, and fixed-income trading. Why Citigroup Stock Is Trading Lower Today
• Positive Sentiment: Improved profitability outlook: Management raised its 2026 return outlook, citing Services growth, AI-driven efficiencies, expense discipline, and capital deployment. The bank also increased its dividend, supporting the shareholder-return case. Citigroup Q3 Earnings Call Highlights
• Positive Sentiment: Potential strategic catalyst: Citigroup is preparing a possible early-2027 IPO of Banamex, its former Mexican consumer-banking business. A successful separation and listing could unlock value and simplify Citi’s operations. Banamex Leadership Pitches Turnaround

Citigroup Stock Performance

C stock traded down $0.11 during mid-day trading on Thursday, reaching $122.16. 5,011,478 shares of the stock traded hands, compared to its average volume of 12,435,379. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 1.78. The business has a 50-day moving average of $133.16 and a two-hundred day moving average of $131.71. The firm has a market capitalization of $208.35 billion, a PE ratio of 11.92, a P/E/G ratio of 0.55 and a beta of 1.13. Citigroup Inc. has a 52 week low of $95.00 and a 52 week high of $147.96.

Citigroup (NYSE:C - Get Free Report) last announced its earnings results on Tuesday, October 13th. The company reported $2.85 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.66 by $0.19. The business had revenue of $23.84 billion for the quarter, compared to analyst estimates of $23.74 billion. Citigroup had a net margin of 10.97% and a return on equity of 10.57%. Citigroup's revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.86 earnings per share. As a group, equities analysts predict that Citigroup Inc. will post 11.19 EPS for the current fiscal year.

Citigroup Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 3rd were issued a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, August 3rd. This is a positive change from Citigroup's previous quarterly dividend of $0.60. Citigroup's payout ratio is 26.15%.

Wall Street Analyst Weigh In

C has been the subject of a number of recent research reports. Wells Fargo & Company increased their price objective on Citigroup from $162.00 to $165.00 and gave the company an "overweight" rating in a research report on Thursday, June 18th. Royal Bank Of Canada lowered their price objective on shares of Citigroup from $150.00 to $135.00 and set an "outperform" rating on the stock in a research report on Wednesday. Argus set a $150.00 target price on Citigroup in a report on Wednesday, July 15th. Morgan Stanley lifted their price target on Citigroup from $154.00 to $164.00 and gave the company an "overweight" rating in a report on Monday, June 29th. Finally, Keefe, Bruyette & Woods restated an "outperform" rating on shares of Citigroup in a report on Wednesday. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $150.79.

About Citigroup

Citigroup Inc is a global financial services company headquartered in New York City and listed on the New York Stock Exchange under the symbol C. Through its subsidiaries and businesses, Citi provides banking, lending, investment, payments, wealth management and other financial services to consumers, businesses, governments and institutional clients.

Citi's principal businesses include Services, which supports institutional clients with treasury, trade, securities services and related solutions; Markets, which provides sales, trading, research and financing services; Banking, which offers investment banking and corporate banking; and Wealth, which provides private banking and wealth management.

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