Patient Capital Management LLC Sells 35,310 Shares of Citigroup Inc. $C

Patient Capital Management LLC lessened its holdings in shares of Citigroup Inc. (NYSE:C) by 2.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,310,407 shares of the company’s stock after selling 35,310 shares during the period. Citigroup accounts for approximately 5.3% of Patient Capital Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Patient Capital Management LLC’s holdings in Citigroup were worth $133,006,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in C. FMB Wealth Management raised its stake in Citigroup by 4.1% during the 3rd quarter. FMB Wealth Management now owns 2,618 shares of the company’s stock worth $266,000 after acquiring an additional 103 shares in the last quarter. Tritonpoint Wealth LLC boosted its position in shares of Citigroup by 2.1% in the 3rd quarter. Tritonpoint Wealth LLC now owns 4,989 shares of the company’s stock valued at $506,000 after purchasing an additional 104 shares during the period. Onyx Bridge Wealth Group LLC grew its stake in Citigroup by 3.6% during the 2nd quarter. Onyx Bridge Wealth Group LLC now owns 3,117 shares of the company’s stock worth $265,000 after buying an additional 109 shares during the last quarter. Highline Wealth Partners LLC lifted its stake in Citigroup by 35.3% in the third quarter. Highline Wealth Partners LLC now owns 418 shares of the company’s stock valued at $42,000 after buying an additional 109 shares during the last quarter. Finally, Fullcircle Wealth LLC boosted its holdings in shares of Citigroup by 0.9% in the second quarter. Fullcircle Wealth LLC now owns 13,097 shares of the company’s stock valued at $1,206,000 after acquiring an additional 111 shares during the period. Institutional investors and hedge funds own 71.72% of the company’s stock.

Citigroup Stock Down 4.3%

Shares of NYSE C opened at $112.96 on Wednesday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 0.99. The firm’s 50-day moving average is $111.25 and its two-hundred day moving average is $101.65. Citigroup Inc. has a 12-month low of $55.51 and a 12-month high of $124.17. The company has a market capitalization of $202.11 billion, a PE ratio of 16.21, a price-to-earnings-growth ratio of 0.58 and a beta of 1.18.

Citigroup (NYSE:C) last announced its earnings results on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, beating analysts’ consensus estimates of $1.65 by $0.16. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The firm had revenue of $19.87 billion for the quarter, compared to analysts’ expectations of $20.99 billion. During the same quarter in the prior year, the firm earned $1.34 EPS. Citigroup’s quarterly revenue was up 2.1% on a year-over-year basis. Equities analysts anticipate that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 2nd will be paid a $0.60 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $2.40 annualized dividend and a yield of 2.1%. Citigroup’s payout ratio is presently 34.43%.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: CEO Jane Fraser told policymakers and markets that she does not expect Congress to approve the proposed 10% cap on credit‑card interest rates — a development investors view as protecting future credit‑card margin and fee income. Citigroup CEO does not expect Congress to approve cap in credit card rates
• Positive Sentiment: Fraser also pushed back on a persistent “sell America” narrative, saying shifts away from U.S. assets are unlikely to last — comments that support Citi’s global franchise thesis and its diversified revenue mix. Citigroup CEO Jane Fraser Doesn’t Expect ‘Sell America’ Sentiment to Last in Markets
• Neutral Sentiment: Citi research flagged the possibility of up to three BOJ rate hikes in 2026 if the yen weakens, a view that could boost FX and rates trading revenues but also raises market volatility exposure. Investors may see this as mixed for near‑term trading flows. Citi Sees Risk of Three BOJ Rate Hikes in 2026 on Weak Yen
• Negative Sentiment: Reporting that Citi is weighing ending a fixed‑pay allowance for key UK staff could be seen as a response to regulatory and cost pressures — a move that may help expenses but could hurt recruitment and have reputational implications in a key market. JPMorgan, Citi Weigh Ending Fixed Pay Allowance for Key UK Staff
• Negative Sentiment: Broader macro headlines — e.g., a Danish pension fund preparing to sell U.S. Treasuries — increase concern about higher yields and funding volatility, a backdrop that can pressure trading desks and bond portfolios at global banks like Citi. Danish Pension Fund To Dump All US Treasuries Citing ‘Rising Credit Risk’

Analysts Set New Price Targets

Several brokerages have issued reports on C. TD Cowen raised their price objective on shares of Citigroup from $105.00 to $110.00 and gave the stock a “hold” rating in a research report on Wednesday, October 15th. Cowen restated a “hold” rating on shares of Citigroup in a research report on Wednesday, January 7th. Oppenheimer increased their price objective on Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a research report on Thursday, January 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Citigroup in a report on Wednesday, October 8th. Finally, Bank of America upped their price target on Citigroup from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Fourteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Citigroup presently has a consensus rating of “Moderate Buy” and an average target price of $124.65.

About Citigroup

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.