Fort Washington Investment Advisors Inc. OH grew its stake in shares of Citigroup Inc. (NYSE:C – Free Report) by 2.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 566,026 shares of the company’s stock after acquiring an additional 11,500 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Citigroup were worth $66,050,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of C. Wolff Wiese Magana LLC grew its holdings in Citigroup by 87.6% in the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock valued at $26,000 after purchasing an additional 120 shares during the period. Dunhill Financial LLC raised its stake in Citigroup by 92.2% during the third quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock worth $32,000 after purchasing an additional 153 shares during the period. Guerra Advisors Inc acquired a new position in shares of Citigroup in the 3rd quarter valued at $33,000. GoalVest Advisory LLC boosted its holdings in shares of Citigroup by 57.2% in the 4th quarter. GoalVest Advisory LLC now owns 393 shares of the company’s stock valued at $46,000 after purchasing an additional 143 shares during the last quarter. Finally, Cloud Capital Management LLC purchased a new stake in shares of Citigroup during the 3rd quarter valued at $40,000. 71.72% of the stock is currently owned by hedge funds and other institutional investors.
Citigroup Stock Performance
Shares of C stock opened at $112.32 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.63. The company has a market cap of $196.49 billion, a PE ratio of 16.12, a P/E/G ratio of 0.73 and a beta of 1.17. The company’s fifty day simple moving average is $113.11 and its 200-day simple moving average is $107.97. Citigroup Inc. has a 52 week low of $55.51 and a 52 week high of $125.16.
Citigroup Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 2nd were given a $0.60 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a $2.40 annualized dividend and a dividend yield of 2.1%. Citigroup’s dividend payout ratio is presently 34.43%.
Insider Buying and Selling at Citigroup
In other news, insider Cantu Ernesto Torres sold 43,173 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $111.09, for a total value 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 trade represents a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.08% of the stock is owned by insiders.
Citigroup News Roundup
Here are the key news stories impacting Citigroup this week:
- Positive Sentiment: Jefferies started coverage with a “Buy” and $135 price target, signaling ~20% upside from recent levels and providing upward analyst momentum for the stock. Jefferies Initiates Coverage on Citigroup
- Positive Sentiment: Business win: Citigroup was appointed by BlackRock to support middle-office ETF functions and has completed multiple USD and RMB bond deals — a near-term fee and capital-markets revenue boost that underpins the bank’s trading and markets franchise. Citigroup (C) Is Up 5.6% After BlackRock ETF Mandate And Bond Issuances
- Positive Sentiment: Payments strategy push: Citi is actively pursuing payments and digital-asset advances (including tokenization and payments infrastructure), which could expand fee pools long term as banks and corporates modernize payments. Citi pursues payments advances
- Neutral Sentiment: Research on stablecoin rules: Citi analysts flagged that proposed limits on stablecoin rewards might slow USDC growth but wouldn’t break Circle’s model — a regulatory risk for crypto markets but not an immediate credit/earnings hit to Citi. Citigroup: Stablecoin Rewards Limits May Slow USDC Growth
- Neutral Sentiment: Debt management: Citibank announced redemptions of $2B fixed-rate and $1B floating-rate notes due 2026 — removes near-term maturities (positive for solvency metrics) but uses cash or refinancing capacity (mixed impact on liquidity). Citibank Announces $2 Billion Redemption
- Neutral Sentiment: Upcoming earnings: Citigroup is due to report Q1 results in April — the release and guidance will be a near-term catalyst that could swing sentiment either way. What You Need To Know Ahead Of Citigroup’s Earnings Release
- Negative Sentiment: Leadership churn in Asia investment banking: Citi’s co-head of Asia investment banking, Metzger, has left for Standard Chartered — a personnel loss in a key growth region that could pressure execution and client relationships. Citi’s co-head of Asia investment banking Metzger departs
Wall Street Analyst Weigh In
A number of analysts have recently commented on the company. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a report on Wednesday, January 21st. Jefferies Financial Group began coverage on Citigroup in a report on Thursday. They issued a “buy” rating and a $135.00 target price on the stock. JPMorgan Chase & Co. boosted their price target on Citigroup from $130.00 to $134.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Morgan Stanley set a $152.00 price objective on Citigroup in a report on Tuesday, February 17th. Finally, Zacks Research lowered Citigroup from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. Fifteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $127.71.
Check Out Our Latest Stock Analysis on C
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.
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