Citigroup Inc. $C Shares Sold by Savant Capital LLC

Savant Capital LLC decreased its position in Citigroup Inc. (NYSE:C) by 74.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 31,980 shares of the company’s stock after selling 95,345 shares during the period. Savant Capital LLC’s holdings in Citigroup were worth $3,732,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of C. Richards Merrill & Peterson Inc. acquired a new stake in shares of Citigroup in the fourth quarter valued at $28,000. Dunhill Financial LLC lifted its holdings in shares of Citigroup by 92.2% in the third quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock valued at $32,000 after buying an additional 153 shares during the period. Luken Investment Analytics LLC acquired a new stake in shares of Citigroup in the fourth quarter valued at $32,000. High Note Wealth LLC lifted its holdings in shares of Citigroup by 107.7% in the fourth quarter. High Note Wealth LLC now owns 270 shares of the company’s stock valued at $32,000 after buying an additional 140 shares during the period. Finally, Guerra Advisors Inc acquired a new stake in shares of Citigroup in the third quarter valued at $33,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Insider Transactions at Citigroup

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

Wall Street Analysts Forecast Growth

C has been the subject of several analyst reports. Piper Sandler reaffirmed an “overweight” rating and set a $145.00 target price (up from $125.00) on shares of Citigroup in a report on Wednesday, April 15th. Zacks Research lowered Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. The Goldman Sachs Group increased their price target on Citigroup from $137.00 to $151.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $139.00 price target on shares of Citigroup in a research report on Wednesday, April 15th. Finally, Barclays increased their price target on Citigroup from $146.00 to $154.00 and gave the company an “overweight” rating in a research report on Wednesday, April 15th. One equities research 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 company. According to MarketBeat.com, Citigroup currently has a consensus rating of “Moderate Buy” and an average price target of $137.62.

Citigroup Trading Up 0.8%

NYSE:C opened at $125.73 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.59. Citigroup Inc. has a 1-year low of $74.30 and a 1-year high of $135.29. The firm has a market capitalization of $214.44 billion, a price-to-earnings ratio of 15.58, a price-to-earnings-growth ratio of 0.56 and a beta of 1.14. The stock has a fifty day simple moving average of $122.89 and a 200 day simple moving average of $115.69.

Citigroup (NYSE:C) last released its quarterly earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $0.43. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The business had revenue of $24.63 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same quarter last year, the company posted $1.96 EPS. Citigroup’s revenue for the quarter was up 14.1% on a year-over-year basis. Sell-side analysts forecast that Citigroup Inc. will post 10.68 earnings per share for the current year.

Citigroup announced that its Board of Directors has approved a share buyback program on Thursday, May 7th that allows the company to buyback $30.00 billion in shares. This buyback authorization allows the company to purchase up to 13.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s management believes its stock is undervalued.

Citigroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders 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 dividend on an annualized basis and a yield of 1.9%. Citigroup’s dividend payout ratio (DPR) is presently 29.74%.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup’s latest quarter beat expectations, with EPS of $3.06 versus $2.63 expected and revenue of $24.63 billion topping estimates, reinforcing confidence in the bank’s earnings momentum.
• Positive Sentiment: Recent coverage highlights Citigroup’s growth drivers, including loan demand, private credit expansion, and ongoing transformation efforts that analysts say could support revenue growth through 2026. Top Research Reports for Citigroup, TotalEnergies & AppLovin
• Positive Sentiment: Wall Street sentiment remains constructive, with multiple firms maintaining Buy/Overweight ratings and recent price targets clustering well above the current trading range, suggesting room for further upside.
• Positive Sentiment: News that Citigroup is concentrating more wealth-management hiring in Asia points to a strategic push into a faster-growing, more productive market segment. Citigroup Inc. (C) Anchors Wealth Hiring in Asia
• Neutral Sentiment: Several articles also note Citigroup’s stock has been broadly outperforming some financial peers this year, but these pieces are more comparison-focused than catalyst-driven. Is Citigroup (C) Stock Outpacing Its Finance Peers This Year?
• Negative Sentiment: Some institutional holdings data show major investors trimming positions, including BlackRock and T. Rowe Price, which may temper enthusiasm despite the stronger operating trends.

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.