Cannell & Spears LLC Has $3.76 Million Position in Citigroup Inc. $C

Cannell & Spears LLC lessened its position in shares of Citigroup Inc. (NYSE:C) by 13.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,027 shares of the company’s stock after selling 5,646 shares during the period. Cannell & Spears LLC’s holdings in Citigroup were worth $3,758,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Capitolis Liquid Global Markets LLC increased its stake in Citigroup by 233.1% in the third quarter. Capitolis Liquid Global Markets LLC now owns 525,000 shares of the company’s stock valued at $53,288,000 after acquiring an additional 367,400 shares during the last quarter. Carter Financial Group INC. lifted its stake in Citigroup by 45.3% during the third quarter. Carter Financial Group INC. now owns 4,010 shares of the company’s stock worth $407,000 after purchasing an additional 1,251 shares during the last quarter. Cinctive Capital Management LP boosted its holdings in shares of Citigroup by 1,078.1% in the 3rd quarter. Cinctive Capital Management LP now owns 175,426 shares of the company’s stock valued at $17,806,000 after purchasing an additional 160,535 shares in the last quarter. Clark Capital Management Group Inc. acquired a new stake in shares of Citigroup in the 3rd quarter valued at $241,000. Finally, Community Bank N.A. bought a new position in shares of Citigroup in the 3rd quarter valued at $101,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on C shares. Morgan Stanley set a $152.00 price objective on Citigroup in a research report on Tuesday, February 17th. TD Cowen reissued a “hold” rating on shares of Citigroup in a report on Wednesday, January 7th. Piper Sandler set a $135.00 price target on shares of Citigroup in a research note on Thursday, January 15th. Oppenheimer upped their price objective on shares of Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a research report on Thursday, January 15th. Finally, UBS Group restated a “neutral” rating and issued a $132.00 target price on shares of Citigroup in a research report on Thursday, January 15th. Fourteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Citigroup currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.25.

More 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

Citigroup Stock Up 0.1%

Shares of NYSE C opened at $105.65 on Monday. Citigroup Inc. has a 1 year low of $55.51 and a 1 year high of $125.16. 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 cap of $184.82 billion, a PE ratio of 15.16, a price-to-earnings-growth ratio of 0.68 and a beta of 1.17. The company has a 50 day simple moving average of $114.66 and a 200 day simple moving average of $107.22.

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 firm had revenue of $19.87 billion during the quarter, compared to analysts’ expectations of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The company’s revenue was up 2.1% on a year-over-year basis. During the same period in the prior year, the company posted $1.34 EPS. On average, research analysts forecast that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Announces Dividend

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

Insiders Place Their Bets

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the firm’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the completion of the transaction, the insider directly owned 45,835 shares of the company’s stock, valued at $5,091,810.15. This trade represents a 48.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 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.