Captrust Financial Advisors Grows Position in Citigroup Inc. $C

Captrust Financial Advisors raised its position in Citigroup Inc. (NYSE:C) by 0.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 1,055,042 shares of the company’s stock after purchasing an additional 6,822 shares during the period. Captrust Financial Advisors’ holdings in Citigroup were worth $107,087,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Norges Bank acquired a new position in shares of Citigroup in the 2nd quarter valued at $2,455,929,000. Bank of New York Mellon Corp raised its position in Citigroup by 17.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 28,125,995 shares of the company’s stock valued at $2,854,788,000 after purchasing an additional 4,211,099 shares during the last quarter. Capital World Investors boosted its stake in Citigroup by 6.5% during the 3rd quarter. Capital World Investors now owns 47,262,626 shares of the company’s stock worth $4,797,292,000 after purchasing an additional 2,871,074 shares during the period. Bessemer Group Inc. grew its position in Citigroup by 6,172.0% during the 3rd quarter. Bessemer Group Inc. now owns 2,904,795 shares of the company’s stock worth $294,838,000 after purchasing an additional 2,858,481 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in Citigroup by 52.1% during the 3rd quarter. Alliancebernstein L.P. now owns 5,304,324 shares of the company’s stock worth $538,389,000 after purchasing an additional 1,816,786 shares during the last quarter. 71.72% of the stock is owned by institutional investors and hedge funds.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi is opening a large Charlotte office and adding hundreds of jobs, a sign of ongoing investment in operations and talent that supports middle- and back-office capacity for global banking and markets activity. Banking giant opens Ballantyne office, adding over 500 jobs in Charlotte
• Positive Sentiment: Citi’s research/coverage business remains active (example: initiating coverage of Nebius Group NV), which underpins recurring research/IB client work and visibility across sectors. Citigroup initiates coverage of Nebius Group NV (NBIS) with buy recommendation
• Neutral Sentiment: Research notes from Citi (and peers) flag a potential peak in energy-stock rallies — useful market intelligence but not a direct driver of Citi’s own fundamentals; could affect trading volumes and client flows in energy-related desks. Jefferies and Citi Spot a Potential Top in Soaring Energy Stocks
• Negative Sentiment: Citi Research cut its 12‑month price targets for Bitcoin and Ethereum, citing stalled U.S. legislation, weaker ETF inflows and softer network activity — a development that could mute crypto-related trading and ETF flow commissions that banks and trading desks hoped to capture. Multiple outlets covered the downgrade. Citigroup cuts 12-month bitcoin, ether targets as US crypto legislation stalls
• Negative Sentiment: Regional tensions (Iran war) have forced Citi to keep most UAE branches closed and prompted broader Citi Research warnings about macro and market risks (e.g., cuts to India/Nifty targets), which raise operational and market risk concerns in affected geographies. Citi to keep most UAE branches closed indefinitely due to Iran war

Insiders Place Their Bets

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction that occurred 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 transaction, the insider owned 45,835 shares in the company, valued at approximately $5,091,810.15. The trade was a 48.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on C shares. Oppenheimer upped their target price on shares of Citigroup from $141.00 to $144.00 and gave the company an “outperform” rating in a report on Thursday, January 15th. Barclays raised their price target on Citigroup from $115.00 to $146.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Citigroup in a research note on Wednesday, January 21st. Zacks Research cut Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Finally, UBS Group reiterated a “neutral” rating and issued a $132.00 target price on shares of Citigroup in a research note on Thursday, January 15th. Fourteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $127.25.

Citigroup Stock Up 0.4%

Shares of Citigroup stock opened at $107.73 on Wednesday. The company has a market cap of $188.45 billion, a P/E ratio of 15.46, a PEG ratio of 0.69 and a beta of 1.17. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.00 and a current ratio of 1.00. Citigroup Inc. has a one year low of $55.51 and a one year high of $125.16. The firm has a fifty day moving average of $114.04 and a two-hundred day moving average of $107.37.

Citigroup (NYSE:C) last issued its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.16. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The business had revenue of $19.87 billion for the quarter, compared to the consensus estimate of $20.99 billion. During the same quarter in the previous year, the firm earned $1.34 earnings per share. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. On average, 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 was paid on Friday, February 27th. Investors of record on Monday, February 2nd were given a $0.60 dividend. The ex-dividend date was Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.2%. Citigroup’s dividend payout ratio (DPR) is presently 34.43%.

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.