Citigroup Inc. $C Shares Acquired by Mitchell Mcleod Pugh & Williams Inc.

Mitchell Mcleod Pugh & Williams Inc. increased its position in Citigroup Inc. (NYSE:C) by 90.8% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,013 shares of the company’s stock after purchasing an additional 8,096 shares during the period. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Citigroup were worth $2,087,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Smithbridge Asset Management Inc. DE bought a new position in Citigroup in the fourth quarter worth about $263,000. M Holdings Securities Inc. bought a new position in Citigroup in the fourth quarter worth about $2,023,000. Wellspring Financial Advisors LLC bought a new position in Citigroup in the fourth quarter worth about $353,000. Myriad Asset Management Advisors LLC bought a new position in Citigroup in the fourth quarter worth about $3,564,000. Finally, Zions Bancorporation National Association UT lifted its holdings in Citigroup by 14.8% in the fourth quarter. Zions Bancorporation National Association UT now owns 7,400 shares of the company’s stock worth $864,000 after acquiring an additional 953 shares during the last quarter. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on C shares. Weiss Ratings reissued a “buy (b)” rating on shares of Citigroup in a report on Monday, April 20th. Morgan Stanley raised their target price on shares of Citigroup from $140.00 to $144.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. Keefe, Bruyette & Woods raised their target price on shares of Citigroup from $140.00 to $153.00 and gave the stock an “outperform” rating in a report on Friday, May 8th. Royal Bank Of Canada reissued an “outperform” rating and issued a $139.00 target price on shares of Citigroup in a report on Wednesday, April 15th. Finally, Jefferies Financial Group started coverage on shares of Citigroup in a report on Thursday, March 26th. They issued a “buy” rating and a $135.00 target price on the stock. One research 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’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $137.62.

Citigroup Stock Performance

Shares of NYSE C opened at $133.60 on Thursday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.59. The stock has a 50 day simple moving average of $126.36 and a 200-day simple moving average of $117.63. The company has a market cap of $227.87 billion, a PE ratio of 16.56, a P/E/G ratio of 0.60 and a beta of 1.12. Citigroup Inc. has a 12-month low of $76.11 and a 12-month high of $137.12.

Citigroup (NYSE:C) last issued its quarterly earnings data on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.43. The business had revenue of $24.63 billion during the quarter, compared to the consensus estimate of $22.96 billion. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The business’s revenue was up 14.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.96 earnings per share. On average, equities research analysts forecast that Citigroup Inc. will post 10.68 EPS for the current year.

Citigroup Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 4th were given a dividend of $0.60 per share. The ex-dividend date was Monday, May 4th. This represents a $2.40 annualized dividend and a dividend yield of 1.8%. Citigroup’s payout ratio is currently 29.74%.

Citigroup announced that its board has authorized a share repurchase program on Thursday, May 7th that permits the company to repurchase $30.00 billion in shares. This repurchase authorization permits the company to purchase up to 13.7% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity at Citigroup

In other news, Director John Cunningham Dugan sold 2,117 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $125.30, for a total transaction of $265,260.10. Following the completion of the transaction, the director directly owned 12,194 shares in the company, valued at approximately $1,527,908.20. The trade was a 14.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Edward Skyler sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $131.41, for a total value of $3,285,250.00. Following the transaction, the insider owned 182,022 shares of the company’s stock, valued at approximately $23,919,511.02. This represents a 12.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.11% of the company’s stock.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: President Donald Trump publicly praised Citigroup and CEO Jane Fraser, calling Citi a top mergers-and-acquisitions adviser and saying the bankers “worked really hard.” The endorsement has helped highlight Citi’s recent progress and may be supporting investor sentiment. Trump Praises Citigroup Bankers in Post: ‘They’ve Worked Really Hard!’
• Positive Sentiment: Analyst commentary said Citigroup’s turnaround is shifting from repair to growth, citing AI-related benefits, cost cuts, and a solid outlook for trading and investment banking in 2026. C Highlights Turnaround Progress, Solid Q2 Trading & IB Outlook
• Positive Sentiment: Market-positioning chatter suggested institutions may be quietly building stakes in C, and technical traders pointed to a recent breakout pattern that could support near-term upside if conditions hold. Citigroup Stock (C) Opinions on Recent Market Positioning and Price Breakout
• Neutral Sentiment: Citi also drew attention from Reuters after hiring Andrew Conway as global chair of consumer and retail investment banking, a move aimed at expanding its franchise. The hire is strategically favorable, but the immediate stock impact appears limited. Citi hires Andrew Conway as global chair of consumer and retail investment banking
• Negative Sentiment: One note of caution: Bloomberg reported that Citi strategists see aggressive short-selling in U.S. stocks and stretched tech positioning, which could imply broader market risk rather than a Citi-specific problem. Citi’s Chew Sees Aggressive Short-Selling Positions in US Stocks

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.