Citigroup Inc. $C Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC lessened its stake in shares of Citigroup Inc. (NYSE:C) by 7.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 392,955 shares of the company’s stock after selling 30,937 shares during the quarter. ProShare Advisors LLC’s holdings in Citigroup were worth $39,885,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in C. Brighton Jones LLC increased its holdings in Citigroup by 166.9% in the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock valued at $1,407,000 after purchasing an additional 12,499 shares during the last quarter. Sivia Capital Partners LLC boosted its position in shares of Citigroup by 20.5% during the second quarter. Sivia Capital Partners LLC now owns 9,805 shares of the company’s stock worth $835,000 after buying an additional 1,669 shares during the period. Blue Trust Inc. boosted its position in shares of Citigroup by 16.8% during the second quarter. Blue Trust Inc. now owns 5,070 shares of the company’s stock worth $432,000 after buying an additional 729 shares during the period. Concurrent Investment Advisors LLC grew its stake in shares of Citigroup by 14.4% in the second quarter. Concurrent Investment Advisors LLC now owns 45,353 shares of the company’s stock valued at $3,860,000 after buying an additional 5,696 shares in the last quarter. Finally, OFI Invest Asset Management purchased a new stake in shares of Citigroup in the 2nd quarter valued at $123,000. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on C. Morgan Stanley raised their target price on Citigroup from $134.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Truist Financial raised their price objective on shares of Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a report on Wednesday, January 21st. Oppenheimer upped their target price on shares of Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Finally, JPMorgan Chase & Co. raised their price target on shares of Citigroup from $130.00 to $134.00 and gave the company an “overweight” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $126.19.

Citigroup Price Performance

Citigroup stock opened at $123.84 on Tuesday. The stock has a market cap of $221.58 billion, a P/E ratio of 17.77, a price-to-earnings-growth ratio of 0.78 and a beta of 1.18. The company has a fifty day simple moving average of $115.69 and a 200-day simple moving average of $104.23. Citigroup Inc. has a 12-month low of $55.51 and a 12-month high of $125.16. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.63.

Citigroup (NYSE:C) last posted its earnings results on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, beating the consensus estimate 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%.Citigroup’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.34 earnings per share. Equities analysts expect that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 2nd will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is 34.43%.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: JPMorgan raised its price target on Citigroup to $134 and kept an “overweight” rating — a bullish analyst call that supports further upside from current levels and likely helped buying interest. JPMorgan Raises PT
• Positive Sentiment: Momentum: Citi shares reached a 52‑week high recently, signaling strong market sentiment and technical buying that often attracts momentum and institutional flows. Citigroup 52-Week High
• Positive Sentiment: Investment-banking deal flow: Citigroup is a joint global coordinator on the UI Boustead REIT Singapore IPO — underwriting roles like this generate fees and reflect ongoing capital markets activity that benefits bank revenue. UI Boustead REIT IPO
• Neutral Sentiment: Capital structure watch: Recent coverage highlights how new preferred-stock and bond issuances are reshaping Citi’s capital mix — this affects valuation and capital-return optionality but isn’t an immediate earnings event. Investors should monitor issuance size/timing and any changes to buyback/dividend plans. Citigroup Valuation / Capital Mix
• Neutral Sentiment: Research activity and positioning: Citi research has taken visible stances (e.g., bullish coverage on MicroStrategy and coverage changes on other names). These reflect the bank’s flow and research revenue but do not directly move Citi’s own stock materially. Citi Research on MicroStrategy
• Neutral Sentiment: Portfolio repositioning: Citigroup entities have notified they ceased being substantial holders in IDP Education (Australia) — a routine desk/inventory move that signals active balance-sheet/position management rather than a company fundamental change. Citi Ceases To Be Substantial Holder

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.