Connable Office Inc. Has $1.98 Million Stock Position in Citigroup Inc. $C

Connable Office Inc. reduced its holdings in shares of Citigroup Inc. (NYSE:C) by 37.9% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 19,506 shares of the company’s stock after selling 11,903 shares during the period. Connable Office Inc.’s holdings in Citigroup were worth $1,980,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of Citigroup by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 165,851,890 shares of the company’s stock valued at $14,117,313,000 after purchasing an additional 1,148,451 shares in the last quarter. Geode Capital Management LLC lifted its stake in Citigroup by 1.0% in the 2nd quarter. Geode Capital Management LLC now owns 42,957,190 shares of the company’s stock valued at $3,645,084,000 after purchasing an additional 411,894 shares during the last quarter. Franklin Resources Inc. boosted its position in Citigroup by 2.2% in the second quarter. Franklin Resources Inc. now owns 32,290,532 shares of the company’s stock valued at $2,748,571,000 after buying an additional 679,967 shares in the last quarter. Fisher Asset Management LLC boosted its position in Citigroup by 3.2% in the second quarter. Fisher Asset Management LLC now owns 32,161,457 shares of the company’s stock valued at $2,737,583,000 after buying an additional 988,152 shares in the last quarter. Finally, Norges Bank bought a new stake in shares of Citigroup during the second quarter worth $2,455,929,000. Institutional investors own 71.72% of the company’s stock.

Citigroup Trading Down 3.8%

Shares of C stock opened at $117.50 on Thursday. Citigroup Inc. has a 1-year low of $55.51 and a 1-year 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. The stock has a market cap of $210.24 billion, a price-to-earnings ratio of 16.86, a PEG ratio of 0.78 and a beta of 1.18. The stock has a 50-day moving average of $116.29 and a 200-day moving average of $104.50.

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 company had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.34 earnings per share. On average, equities research analysts forecast that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 2nd will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, February 2nd. Citigroup’s dividend payout ratio is currently 34.43%.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Keefe, Bruyette & Woods raised their price objective on Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a report on Wednesday, December 17th. Wells Fargo & Company set a $150.00 target price on Citigroup in a research report on Monday, January 5th. Wolfe Research reissued an “outperform” rating and set a $141.00 price target on shares of Citigroup in a research note on Wednesday, January 7th. Oppenheimer boosted their price target on Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. Finally, Bank of America raised their price objective on shares of Citigroup from $115.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $126.19.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Analyst upgrades and recent momentum — Citi recently hit a 52-week high after upward analyst moves and price-target lifts, which validated the stock’s rally and kept institutional interest elevated. Citigroup (NYSE:C) Sets New 1-Year High on Analyst Upgrade
• Positive Sentiment: Incoming CFO highlights credit-card growth — Gonzalo Luchetti flagged continued credit‑card volume expansion, which supports fee and interest-income upside for Citi’s U.S. consumer franchise. Citi incoming CFO sees credit card growth, warns rate cap would harm US economy
• Neutral Sentiment: Recent investor presentations — Citi management presented at the UBS and Bank of America financial‑services conferences, reiterating strategy and capital positioning; these were largely confirmation of existing plans rather than material new guidance. Citigroup Inc. (C) Presents at UBS Financial Services Conference 2026 Transcript Citigroup Inc. (C) Presents at Bank of America Financial Services Conference 2026 Transcript
• Neutral Sentiment: Preferred issuance announced — Citi issued a new 6.25% preferred, which can shore up capital but may modestly change the firm’s liability mix; the move was met with mixed analyst commentary (hold rating on the issue). Citigroup Issues New 6.25% Preferred: Hold Rated
• Negative Sentiment: Regulatory/political risk flagged — The incoming CFO warned that a cap on credit-card interest rates would have “massive ripple effects” on retailers and sectors of the economy; mention of this risk increases headline sensitivity and could pressure bank multiples if political momentum for a cap rises. Citi incoming CFO says credit-card rate cap would hurt retail, travel, hospitality
• Negative Sentiment: Earnings nuance — While Citi beat recent EPS estimates, revenue trailed consensus, leaving the story one of margin and cost execution rather than a clean top-line acceleration; that makes the stock more vulnerable to profit‑taking after a sharp run. (Earnings detail from Citi’s Jan. 14 release.)
• Negative Sentiment: Technical/profit‑taking pressure — After the multi‑week rally and fresh highs, some investors are locking gains; that rotation plus headline sensitivity (rate‑cap talk, preferred issuance) is consistent with today’s pullback.

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.