SteelPeak Wealth LLC Has $2.93 Million Stock Position in Citigroup Inc. $C

SteelPeak Wealth LLC lowered its position in Citigroup Inc. (NYSE:C) by 47.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,064 shares of the company’s stock after selling 22,573 shares during the period. SteelPeak Wealth LLC’s holdings in Citigroup were worth $2,925,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Capital World Investors grew its stake in Citigroup by 6.5% in the third quarter. Capital World Investors now owns 47,262,626 shares of the company’s stock valued at $4,797,292,000 after acquiring an additional 2,871,074 shares during the period. Fisher Asset Management LLC raised its position in shares of Citigroup by 2.7% during the third quarter. Fisher Asset Management LLC now owns 33,040,513 shares of the company’s stock worth $3,353,612,000 after purchasing an additional 879,056 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Citigroup by 1.8% during the 3rd quarter. Franklin Resources Inc. now owns 32,870,559 shares of the company’s stock valued at $3,336,362,000 after purchasing an additional 580,027 shares in the last quarter. Bank of New York Mellon Corp grew its position in shares of 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 period. Finally, Ameriprise Financial Inc. grew its position in shares of Citigroup by 3.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 15,176,320 shares of the company’s stock valued at $1,292,923,000 after purchasing an additional 535,950 shares during the period. Institutional investors and hedge funds own 71.72% of the company’s stock.

Insider Buying and Selling

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the firm’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 directly owned 45,835 shares in the company, valued at $5,091,810.15. This trade represents a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.08% of the company’s stock.

Citigroup Stock Up 0.0%

Citigroup stock opened at $115.27 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. Citigroup Inc. has a 1-year low of $55.51 and a 1-year high of $125.16. The company has a fifty day simple moving average of $112.74 and a 200 day simple moving average of $108.62. The company has a market cap of $201.64 billion, a P/E ratio of 16.54, a price-to-earnings-growth ratio of 0.74 and a beta of 1.11.

Citigroup (NYSE:C) last issued its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, topping the consensus estimate of $1.65 by $0.16. The firm had revenue of $19.87 billion for 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 for the quarter was up 2.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.34 EPS. Research analysts anticipate that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Announces Dividend

The business also recently declared 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 yield of 2.1%. Citigroup’s dividend payout ratio is 34.43%.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Management announced a reorganization of segment reporting and an updated capital-allocation framework for Q1 2026, which should improve transparency on business performance and help investors model returns and capital deployment. Citigroup Restructures Segment Reporting and Capital Allocation
• Positive Sentiment: The board declared a quarterly common-stock dividend of $0.60 per share (payable May 22), a clear shareholder-return signal that supports income-oriented investors and can bolster sentiment toward the stock. Citigroup Declares Common Stock Dividend
• Positive Sentiment: Bank of America reiterated a Buy rating on Citi with a $140 price target, reinforcing analyst support and helping underpin demand amid broader market volatility. BofA Reiterates a Buy Rating on Citi (C)
• Neutral Sentiment: Market commentary and valuation pieces are keeping Citi in focus as investors weigh long‑term returns versus near-term volatility; these analyses are informative but do not constitute immediate catalysts. Citigroup (C) Valuation In Focus
• Neutral Sentiment: Short-term market coverage noted Citi outpaced the broader market in recent sessions — helpful context for flows but not a standalone fundamental change. Citigroup (C) Outpaces Stock Market Gains
• Negative Sentiment: Citi asked some staff in Paris and Frankfurt to work remotely after authorities foiled an alleged bomb plot targeting a U.S. bank in Paris — a precautionary step that raises operational disruption and security-cost concerns. Goldman, Citi staff to work remotely after foiled bomb attack on another bank in Paris
• Negative Sentiment: Broader macro pressure from higher oil prices and ongoing Iran-related geopolitical risk continues to weigh on financial-sector sentiment and could cap multiple expansion even as Citi reports steady fundamentals. MarketBeat Week in Review – 03/30 – 04/03

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Piper Sandler set a $135.00 target price on shares of Citigroup in a report on Thursday, January 15th. Oppenheimer dropped 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. Truist Financial upped their target price on shares of Citigroup from $123.00 to $129.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Keefe, Bruyette & Woods increased their target price on Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a report on Wednesday, December 17th. Finally, The Goldman Sachs Group boosted their price target on Citigroup from $113.00 to $127.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $127.00.

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.