Bourgeon Capital Management LLC Trims Holdings in Citigroup Inc. $C

Bourgeon Capital Management LLC reduced its position in shares of Citigroup Inc. (NYSE:C) by 9.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 122,690 shares of the company’s stock after selling 12,675 shares during the period. Citigroup accounts for about 2.3% of Bourgeon Capital Management LLC’s investment portfolio, making the stock its 18th largest position. Bourgeon Capital Management LLC’s holdings in Citigroup were worth $14,317,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of C. Brighton Jones LLC raised its holdings in Citigroup by 166.9% in 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 last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Citigroup by 20.5% during 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 last quarter. United Bank purchased a new stake in shares of Citigroup in the second quarter valued at $972,000. Loomis Sayles & Co. L P grew its position in shares of Citigroup by 176.2% in the second quarter. Loomis Sayles & Co. L P now owns 31,326 shares of the company’s stock valued at $2,666,000 after purchasing an additional 19,986 shares during the period. Finally, VestGen Advisors LLC increased its stake in Citigroup by 45.4% in the second quarter. VestGen Advisors LLC now owns 5,857 shares of the company’s stock valued at $499,000 after purchasing an additional 1,830 shares during the last quarter. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Market rumors that Citigroup was weighing a U.S. regional‑bank acquisition sparked a selloff but the bank publicly called the reports baseless; the denial and management’s reaffirmation of its organic‑growth strategy helped calm buyers and likely contributed to the rebound in the share price. QuiverQuant: Citigroup Stock Opinions
• Positive Sentiment: Analyst coverage remains constructive overall: the consensus of recent analyst notes shows multiple buy/overweight ratings and a median 12‑month target near ~$131, providing a supportive research backdrop even as price targets are being adjusted. (This helps explain why dips have found buyers.) QuiverQuant: Analyst & target summary
• Neutral Sentiment: Press reports note management is exploring next strategic moves under CEO Jane Fraser — including speculative interest in regional deals — which could be growth‑positive long term but would bring execution and regulatory risk if pursued. The Star: Citigroup eyes regional bank deal
• Neutral Sentiment: Small, technical disclosure: Citigroup group entities ceased to be substantial holders in Australia’s Mayne Pharma — a housekeeping/regulatory filing with negligible operational impact on Citi. TipRanks: Substantial holder notice
• Negative Sentiment: Insider selling (multiple exec sales reported) and large institutional reductions disclosed in recent filings are a cautionary signal for some investors—these disclosures have been highlighted in market commentary and can amplify short‑term downside on weak news. QuiverQuant: Insider & institutional activity
• Negative Sentiment: Oppenheimer trimmed its price target for Citigroup to $132 — a modest downtick that may temper upside for some investors and feed short‑term headlines, though the new target remains within the range of street estimates. AmericanBankingNews: Oppenheimer cuts target

Analysts Set New Price Targets

Several equities analysts recently weighed in on C shares. Royal Bank Of Canada reiterated an “outperform” rating and set a $121.00 target price on shares of Citigroup in a research report on Thursday, January 15th. Jefferies Financial Group assumed coverage on shares of Citigroup in a research note on Thursday, March 26th. They set a “buy” rating and a $135.00 price objective for the company. Oppenheimer cut their price objective on shares of Citigroup from $144.00 to $132.00 and set an “outperform” rating on the stock in a report on Friday, March 27th. UBS Group reissued a “neutral” rating and issued a $132.00 target price on shares of Citigroup in a research report on Thursday, January 15th. Finally, Barclays upped their price target on shares of Citigroup from $115.00 to $146.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Citigroup has an average rating of “Moderate Buy” and an average price target of $127.00.

Insider Buying and Selling

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the company’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 value of $4,796,088.57. Following the completion of the transaction, the insider owned 45,835 shares in the company, valued at $5,091,810.15. This represents a 48.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.08% of the company’s stock.

Citigroup Price Performance

Citigroup stock opened at $113.36 on Wednesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. The firm has a market capitalization of $198.31 billion, a P/E ratio of 16.26, a PEG ratio of 0.69 and a beta of 1.17. The firm has a fifty day moving average of $112.68 and a 200-day moving average of $108.36. Citigroup Inc. has a 52-week low of $55.51 and a 52-week high of $125.16.

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. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The firm had revenue of $19.87 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same period in the prior year, the firm earned $1.34 EPS. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. As a group, analysts predict that Citigroup Inc. will post 7.53 EPS for the current 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 issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.1%. The ex-dividend date was Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is presently 34.43%.

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.