Tevis Investment Management Has $1.42 Million Stock Position in Citigroup Inc. $C

Tevis Investment Management reduced its holdings in Citigroup Inc. (NYSE:C) by 26.6% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,989 shares of the company’s stock after selling 5,069 shares during the quarter. Tevis Investment Management’s holdings in Citigroup were worth $1,420,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in C. Brighton Jones LLC lifted its position in shares of Citigroup by 166.9% during the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock valued at $1,407,000 after acquiring an additional 12,499 shares during the period. Sivia Capital Partners LLC grew its holdings in Citigroup by 20.5% in the second quarter. Sivia Capital Partners LLC now owns 9,805 shares of the company’s stock worth $835,000 after purchasing an additional 1,669 shares during the period. United Bank bought a new stake in Citigroup in the second quarter valued at $972,000. Kingsview Wealth Management LLC increased its stake in Citigroup by 2.0% in the second quarter. Kingsview Wealth Management LLC now owns 27,801 shares of the company’s stock valued at $2,366,000 after purchasing an additional 541 shares in the last quarter. Finally, Dorsey & Whitney Trust CO LLC raised its holdings in shares of Citigroup by 81.1% during the second quarter. Dorsey & Whitney Trust CO LLC now owns 12,500 shares of the company’s stock valued at $1,064,000 after purchasing an additional 5,598 shares during the period. 71.72% of the stock is owned by institutional investors and hedge funds.

Citigroup Trading Up 0.8%

C opened at $108.57 on Thursday. Citigroup Inc. has a fifty-two week low of $55.51 and a fifty-two week high of $125.16. The firm has a market capitalization of $189.92 billion, a PE ratio of 15.58, a P/E/G ratio of 0.69 and a beta of 1.17. 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 company’s 50-day moving average is $113.79 and its 200 day moving average is $107.38.

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

Citigroup Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 2nd were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a $2.40 annualized dividend and a dividend yield of 2.2%. Citigroup’s payout ratio is presently 34.43%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on C. Zacks Research cut shares of Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Citigroup in a research note on Wednesday, January 21st. Barclays raised their price objective on Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Wolfe Research restated an “outperform” rating and set a $141.00 price objective on shares of Citigroup in a report on Wednesday, January 7th. Finally, Oppenheimer upped their target price on Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a research report on Thursday, January 15th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.25.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Barron’s included Citigroup among bank stocks likely to “thrive” in a choppy market, which can boost investor sentiment and attract flows into the stock. Citigroup and 5 More Bank Stocks Set to Thrive in a Choppy Market
• Positive Sentiment: Citigroup research expects Brent crude to jump toward $110–$120/bbl as supply risks from the Middle East intensify — higher oil often lifts trading revenues, energy‑sector M&A and corporate banking fees for big banks like Citi. Citi sees Brent rising to $110–120/bbl in the coming days
• Positive Sentiment: Fed’s pause and messaging of a “higher‑for‑longer” rate path (and similar central‑bank caution globally) supports bank net interest margins and reduces immediate rate‑cut risk — a tailwind for bank profitability expectations. US Stock Market | War, Oil, and Rates: Fed’s pause sets stage for choppy markets
• Neutral Sentiment: Citi trimmed its 12‑month price targets for Bitcoin and Ethereum, citing slower U.S. legislation and softer ETF inflows — this is a research/product update that may modestly reduce crypto‑related trading volumes but is unlikely to move core banking metrics materially. Citigroup Reduces Bitcoin and Ethereum Forecasts as ETF Inflows Slow in US
• Neutral Sentiment: The Bank of Japan held rates and signaled caution amid inflation risks — another macro datapoint contributing to volatile markets; its direct impact on U.S. bank earnings is limited but it supports the narrative of elevated global rate uncertainty. Bank of Japan Holds Rates as Inflation Risks Mount
• Negative Sentiment: Senior finance executive Mark Mason is leaving Citigroup to pursue a CEO role elsewhere — leadership turnover at a major bank can raise near‑term uncertainty around execution and investor confidence. He’s Leaving Citigroup to Be a CEO. Can He Land the Big Job?

Insider Activity

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the company’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 sale, the insider owned 45,835 shares in the company, 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 can be accessed through this link. 0.08% of the stock is currently owned by insiders.

About Citigroup

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.