Citigroup Inc. $C Shares Sold by USA Financial Formulas

USA Financial Formulas decreased its position in shares of Citigroup Inc. (NYSE:C) by 44.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,956 shares of the company’s stock after selling 5,660 shares during the quarter. USA Financial Formulas’ holdings in Citigroup were worth $812,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Wolff Wiese Magana LLC grew its position in Citigroup by 87.6% during the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock valued at $26,000 after buying an additional 120 shares during the period. Dunhill Financial LLC raised its position in shares of Citigroup by 92.2% in the third quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock worth $32,000 after acquiring an additional 153 shares during the period. Guerra Advisors Inc purchased a new stake in shares of Citigroup during the 3rd quarter worth about $33,000. GoalVest Advisory LLC boosted its stake in shares of Citigroup by 57.2% during the 4th quarter. GoalVest Advisory LLC now owns 393 shares of the company’s stock worth $46,000 after acquiring an additional 143 shares in the last quarter. Finally, Cloud Capital Management LLC acquired a new stake in shares of Citigroup during the 3rd quarter valued at about $40,000. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the transaction, the insider directly owned 45,835 shares in the company, valued at $5,091,810.15. The trade was a 48.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.08% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on C. HSBC reaffirmed a “buy” rating and issued a $87.00 price target on shares of Citigroup in a report on Wednesday, January 7th. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a research report on Wednesday, January 21st. TD Cowen reaffirmed a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. The Goldman Sachs Group lifted their price target on shares of Citigroup from $113.00 to $127.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Finally, Barclays upped their price objective on shares of Citigroup from $115.00 to $146.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Citigroup currently has an average rating of “Moderate Buy” and a consensus target price of $127.00.

Citigroup Trading Down 4.5%

Shares of C stock opened at $107.40 on Friday. Citigroup Inc. has a fifty-two week low of $55.51 and a fifty-two week high of $125.16. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.00 and a current ratio of 1.00. The stock’s fifty day moving average is $112.90 and its two-hundred day moving average is $108.13. The firm has a market capitalization of $187.87 billion, a P/E ratio of 15.41, a PEG ratio of 0.69 and a beta of 1.17.

Citigroup (NYSE:C) last issued 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. The business had revenue of $19.87 billion during the quarter, compared to analysts’ expectations of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.34 earnings per share. Research analysts expect that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 2nd were issued a $0.60 dividend. The ex-dividend date was Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.2%. Citigroup’s dividend payout ratio is presently 34.43%.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi’s push into London bullion custody and clearing is a strategic growth move that diversifies fee revenue and positions the bank in a recovering gold market; this expansion can lift non‑interest income over time. Read More.
• Positive Sentiment: Recent analyst actions are supportive: Jefferies initiated coverage with a buy/strong‑buy and Jefferies/Oppenheimer maintain above‑market targets ($135 and $132 noted), which can provide a floor for longer‑term investor demand. Read More. and Read More.
• Neutral Sentiment: Management/headcount moves in Asia (senior banker departures) are being reported; such changes can create short‑term noise but are not yet tied to Citi’s core U.S. earnings outlook. Read More.
• Neutral Sentiment: Citi commentary on payments, stablecoins and digital initiatives signals ongoing strategic investments in fee businesses; these are long‑lead revenue drivers rather than immediate EPS catalysts. Read More.
• Negative Sentiment: Bloomberg reported Citi is weighing a purchase of a large U.S. regional bank or brokerage — a high‑profile M&A rumor that triggered selling due to uncertainty over cost, regulatory scrutiny and potential execution risk. Citi later called the report “baseless speculation,” but the initial leak moved the tape. Read More. and Read More.
• Negative Sentiment: Broad weakness in financials amplified Citigroup’s decline today; the NYSE financial index dropped and traders rotated out of banking names on the headlines, increasing downside pressure. Read More.

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.