Citigroup Inc. $C Position Reduced by Azimuth Capital Investment Management LLC

Azimuth Capital Investment Management LLC reduced its stake in shares of Citigroup Inc. (NYSE:C) by 8.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 132,014 shares of the company’s stock after selling 12,609 shares during the period. Azimuth Capital Investment Management LLC’s holdings in Citigroup were worth $13,399,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Brookstone Capital Management lifted its holdings in Citigroup by 31.5% during the 3rd quarter. Brookstone Capital Management now owns 75,914 shares of the company’s stock worth $7,705,000 after buying an additional 18,176 shares during the last quarter. Permanent Capital Management LP bought a new stake in shares of Citigroup in the 3rd quarter valued at approximately $1,238,000. Donaldson Capital Management LLC acquired a new stake in shares of Citigroup during the 3rd quarter valued at approximately $58,994,000. Penobscot Investment Management Company Inc. raised its position in shares of Citigroup by 61.5% during the 3rd quarter. Penobscot Investment Management Company Inc. now owns 57,033 shares of the company’s stock valued at $5,789,000 after acquiring an additional 21,720 shares in the last quarter. Finally, Perigon Wealth Management LLC lifted its stake in Citigroup by 27.2% during the third quarter. Perigon Wealth Management LLC now owns 75,566 shares of the company’s stock worth $7,670,000 after purchasing an additional 16,171 shares during the last quarter. Institutional investors own 71.72% of the company’s stock.

Citigroup Price Performance

Shares of NYSE C opened at $105.65 on Friday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market capitalization of $184.82 billion, a PE ratio of 15.16, a P/E/G ratio of 0.68 and a beta of 1.17. Citigroup Inc. has a 1-year low of $55.51 and a 1-year high of $125.16. The business’s fifty day moving average price is $114.66 and its two-hundred day moving average price is $107.15.

Citigroup (NYSE:C) last announced its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.16. The company had revenue of $19.87 billion during the quarter, compared to the consensus estimate of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.34 earnings per share. On average, research analysts expect that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 2nd were given a $0.60 dividend. The ex-dividend date was Monday, February 2nd. This represents a $2.40 annualized dividend and a yield of 2.3%. Citigroup’s dividend payout ratio (DPR) is currently 34.43%.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Reported insider buying — Rep. Jonathan Jackson disclosed a purchase of up to ~$275K of Citigroup stock, which can be interpreted by some investors as a signal of confidence from an insider-related actor and may provide modest demand support. Recent Report Shows That Rep. Jonathan Jackson Bought Up to $275K Worth of Citigroup Stock
• Positive Sentiment: Execution/innovation milestone — Citi issued its first digitally native structured note via Euroclear’s D‑FMI platform, showcasing product innovation and potential fee/revenue opportunities in wholesale and wealth businesses. That can bolster investor sentiment around Citi’s capital markets capabilities. Citigroup (C) Issues First Digitally Native Structured Note via Euroclear
• Positive Sentiment: Research reputation — Citigroup ranked highly on growth-factor grades among S&P financial holdings and continues to publish influential calls (e.g., upgrades elsewhere). Strong research can support fee business and market influence. Citigroup and Goldman Sachs top growth factor grades among S&P financial holdings
• Neutral Sentiment: Analyst activity — Citi’s research team stuck by coverage/ratings on defense names amid the Iran war and upgraded names like LyondellBasell; these moves matter more to those specific sectors than to Citi’s immediate P&L, though they illustrate active deal and research flow. Citigroup sticks by three missile and defense companies as Iran war rages
• Neutral Sentiment: Talent/industry spinout — An ex‑Citi CIO has launched an AI‑driven wealth manager. Startup activity highlights Citi alumni influence but is unlikely to materially affect Citi’s near‑term earnings. David Bailin: Armed With AI, an Ex-Citi CIO Strives to Shake Up the Industry
• Negative Sentiment: Operational/security risk — Citi instructed staff to evacuate several Dubai/UAE buildings and move to remote work after reported Iranian threats to Western banks. That raises short‑term operational disruption risk, potential security costs, and investor concern about regional exposure. Citigroup Dubai Evacuation Puts Operational Risks And Valuation In Focus
• Negative Sentiment: Recent price weakness context — Coverage summarizing why Citi shares fell more than the market earlier this week points to sector pressure and geopolitical risk; that context still weighs on sentiment and can amplify volatility around Citi. Here’s Why Citigroup (C) Fell More Than Broader Market

Wall Street Analyst Weigh In

C has been the subject of a number of research reports. UBS Group reaffirmed a “neutral” rating and issued a $132.00 price objective on shares of Citigroup in a report on Thursday, January 15th. Oppenheimer increased their target price on shares of Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. Barclays raised their price target 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. Keefe, Bruyette & Woods lifted their price target on shares of Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a report on Wednesday, December 17th. Finally, Piper Sandler set a $135.00 price objective on shares of Citigroup in a research note on Thursday, January 15th. Fourteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, Citigroup currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.25.

Insider Transactions at Citigroup

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $111.09, for a total value of $4,796,088.57. Following the completion of the transaction, the insider owned 45,835 shares in the company, valued at approximately $5,091,810.15. This represents a 48.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.08% of the stock is owned by insiders.

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.