Citigroup Inc. $C is Waycross Partners LLC’s 9th Largest Position

Waycross Partners LLC trimmed its stake in shares of Citigroup Inc. (NYSE:C) by 11.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 367,357 shares of the company’s stock after selling 45,607 shares during the period. Citigroup makes up about 3.5% of Waycross Partners LLC’s holdings, making the stock its 9th largest holding. Waycross Partners LLC’s holdings in Citigroup were worth $42,867,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of C. Exchange Traded Concepts LLC grew its holdings in shares of Citigroup by 12.6% in the 4th quarter. Exchange Traded Concepts LLC now owns 25,000 shares of the company’s stock worth $2,917,000 after acquiring an additional 2,795 shares during the period. Pallas Capital Advisors LLC raised its holdings in Citigroup by 4.6% during the fourth quarter. Pallas Capital Advisors LLC now owns 31,056 shares of the company’s stock worth $3,624,000 after purchasing an additional 1,376 shares during the last quarter. Elevatus Welath Management acquired a new position in Citigroup during the fourth quarter worth $3,160,000. EdgeRock Capital LLC boosted its position in Citigroup by 6.9% during the fourth quarter. EdgeRock Capital LLC now owns 2,581 shares of the company’s stock worth $301,000 after purchasing an additional 167 shares in the last quarter. Finally, KMG Fiduciary Partners LLC grew its holdings in Citigroup by 10.8% in the fourth quarter. KMG Fiduciary Partners LLC now owns 11,656 shares of the company’s stock valued at $1,360,000 after purchasing an additional 1,140 shares during the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Key Headlines 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 Stock Down 4.5%

Shares of NYSE:C opened at $107.40 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. The company has a market capitalization of $187.87 billion, a P/E ratio of 15.41, a P/E/G ratio of 0.72 and a beta of 1.17. Citigroup Inc. has a 52-week low of $55.51 and a 52-week high of $125.16. The stock’s fifty day simple moving average is $112.90 and its 200-day simple moving average is $108.05.

Citigroup (NYSE:C) last posted its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.16. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The firm had revenue of $19.87 billion during the quarter, compared to analysts’ expectations of $20.99 billion. During the same quarter last year, the business posted $1.34 EPS. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. As a group, equities research analysts forecast that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on C shares. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a research report on Wednesday, January 21st. Barclays boosted 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. Piper Sandler set a $135.00 target price on shares of Citigroup in a report on Thursday, January 15th. UBS Group restated a “neutral” rating and set a $132.00 target price on shares of Citigroup in a research report on Thursday, January 15th. Finally, Zacks Research downgraded shares of Citigroup from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Citigroup has a consensus rating of “Moderate Buy” and an average target price of $127.00.

Insider Buying and Selling at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the transaction, the insider owned 45,835 shares of the company’s stock, valued at approximately $5,091,810.15. This represents a 48.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.08% of the stock is currently owned by corporate insiders.

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.