Oppenheimer & Co. Inc. Has $30.06 Million Stake in Citigroup Inc. $C

Oppenheimer & Co. Inc. reduced its stake in shares of Citigroup Inc. (NYSE:C) by 24.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 296,146 shares of the company’s stock after selling 97,137 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Citigroup were worth $30,059,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Francis Financial Inc. acquired a new stake in shares of Citigroup in the 3rd quarter valued at approximately $147,000. Candriam S.C.A. raised its holdings in Citigroup by 3.3% in the third quarter. Candriam S.C.A. now owns 232,098 shares of the company’s stock worth $23,558,000 after purchasing an additional 7,496 shares during the period. Slagle Financial LLC raised its holdings in Citigroup by 0.5% in the third quarter. Slagle Financial LLC now owns 27,868 shares of the company’s stock worth $2,829,000 after purchasing an additional 135 shares during the period. Lantz Financial LLC boosted its position in shares of Citigroup by 38.2% during the third quarter. Lantz Financial LLC now owns 4,303 shares of the company’s stock worth $437,000 after purchasing an additional 1,189 shares in the last quarter. Finally, SPC Financial Inc. bought a new stake in shares of Citigroup in the 3rd quarter valued at $260,000. 71.72% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have weighed in on C shares. Royal Bank Of Canada reiterated an “outperform” rating and set a $121.00 target price on shares of Citigroup in a report on Thursday, January 15th. Keefe, Bruyette & Woods increased their target price on Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 17th. TD Cowen restated a “hold” rating on shares of Citigroup in a report on Wednesday, January 7th. Truist Financial upped their price target on shares of Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Finally, UBS Group restated a “neutral” rating and set a $132.00 price objective on shares of Citigroup in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $125.56.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Management optimism on consent orders — Citi executives told Reuters they expect to complete remediation work on major regulatory consent orders later this year, which would reduce compliance uncertainty and the risk of further supervisory restrictions. Exclusive: Citigroup aims to complete work on consent orders this year, sources say
• Positive Sentiment: Employee benefit/PR move — Citi will match the federal government’s $1,000 deposits to Trump Accounts for children of U.S. employees (born 2025–2028), a low-cost benefit that can help staff retention and signal stability in workforce support. Citi to match federal government’s $1K Trump Account contributions for employees’ children
• Positive Sentiment: Quarterly earnings update — Citi reported Q4 EPS above consensus ($1.81 vs. $1.65) which supports valuation; revenue was slightly below expectations but EPS beat and year-over-year EPS growth reduce near-term earnings risk. Citigroup stock page / Q4 results summary
• Neutral Sentiment: Large workforce reduction reported — Coverage notes Citi plans to cut up to ~60,000 jobs by 2026; while large layoffs could boost margins over time, they create execution risk and public scrutiny that investors should monitor. Citigroup to Axe 60,000 Jobs by 2026 — What It Signals
• Neutral Sentiment: Sector lobbying and policy risk — Reuters reports big U.S. banks increased lobbying as policy fights heat up in Washington; this underscores ongoing regulatory and policy risk that could affect Citi and peers, but is a broad-sector factor rather than company‑specific. Big US banks boost Washington lobbying muscle as policy fights heat up

Citigroup Stock Up 6.0%

Citigroup stock opened at $122.72 on Monday. The stock has a market cap of $219.58 billion, a P/E ratio of 17.61, a P/E/G ratio of 0.78 and a beta of 1.18. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. Citigroup Inc. has a twelve month low of $55.51 and a twelve month high of $124.17. The company’s 50-day moving average price is $115.27 and its two-hundred day moving average price is $104.03.

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

Citigroup Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 2nd will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is presently 34.43%.

Citigroup 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.