Evergreen Capital Management LLC Reduces Position in Citigroup Inc. $C

Evergreen Capital Management LLC decreased its holdings in Citigroup Inc. (NYSE:C) by 7.9% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 160,100 shares of the company’s stock after selling 13,704 shares during the quarter. Evergreen Capital Management LLC’s holdings in Citigroup were worth $16,250,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Leavell Investment Management Inc. raised its holdings in shares of Citigroup by 1.3% during the third quarter. Leavell Investment Management Inc. now owns 17,705 shares of the company’s stock valued at $1,797,000 after purchasing an additional 234 shares during the last quarter. Pinnacle Financial Partners Inc grew its position in Citigroup by 12.6% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 54,285 shares of the company’s stock worth $5,510,000 after purchasing an additional 6,069 shares during the period. Nations Financial Group Inc. IA ADV purchased a new stake in Citigroup during the 3rd quarter valued at $211,000. Mascoma Wealth Management LLC bought a new position in shares of Citigroup during the 3rd quarter valued at $51,000. Finally, Insight Inv LLC boosted its stake in shares of Citigroup by 0.6% in the 3rd quarter. Insight Inv LLC now owns 27,103 shares of the company’s stock worth $2,751,000 after buying an additional 170 shares during the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on C. Cowen reiterated a “hold” rating on shares of Citigroup in a research report on Wednesday, January 7th. Wolfe Research reaffirmed an “outperform” rating and set a $141.00 price target on shares of Citigroup in a research report on Wednesday, January 7th. UBS Group reissued a “neutral” rating and issued a $132.00 price objective on shares of Citigroup in a report on Thursday. Morgan Stanley upped their target price on shares of Citigroup from $134.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Barclays lifted their price target on shares of Citigroup from $115.00 to $146.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. Fourteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Citigroup currently has a consensus rating of “Moderate Buy” and a consensus target price of $124.65.

Citigroup Stock Performance

Shares of NYSE C opened at $118.21 on Friday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 0.99. Citigroup Inc. has a 1 year low of $55.51 and a 1 year high of $124.17. The firm has a fifty day moving average price of $110.67 and a 200-day moving average price of $101.07. The stock has a market cap of $211.51 billion, a PE ratio of 16.96, a price-to-earnings-growth ratio of 0.45 and a beta of 1.18.

Citigroup (NYSE:C) last issued its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.16. The company had revenue of $19.87 billion during the quarter, compared to the consensus estimate of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. Citigroup’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.34 EPS. Equities analysts anticipate that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 2nd will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend is Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is 34.43%.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Q4 EPS beat and dealmaking strength — Citi reported $1.81 EPS vs. $1.65 expected and management highlighted a rebound in investment banking and corporate client fees, which supports earnings momentum and valuation re-ratings. Citigroup profit beats estimates as dealmaking rebounds
• Positive Sentiment: Analyst support and price-target lifts — Several firms refreshed views after the quarter (Wolfe Research cited constructive subsector outlook; RBC reaffirmed an outperform). That analyst activity can provide near-term buy-side support. Wolfe Research Raises Citigroup PT RBC Reaffirms Outperform (Benzinga)
• Neutral Sentiment: Unusual options activity — Large call buying was observed (≈108,979 calls, ~34% above average). That’s a bullish short-term signal but could reflect hedging or speculative flow rather than firm fundamental conviction.
• Negative Sentiment: Revenue miss and one‑time Russia loss — Revenue missed Street estimates and reported profit was pulled down by a Russia‑unit sale; the WSJ noted the profit drop tied to that divestiture, which tempers the headline EPS beat. Citigroup’s Fourth Quarter Profit Drops After Russia Sale (WSJ)
• Negative Sentiment: Cost cuts and restructuring risk — CEO Jane Fraser signaled more job cuts and the firm is executing layoffs (1,000 announced this week; a broader plan targets many more), which could weigh on near‑term morale, execution risk and transition costs. Citigroup CEO Signals More Job Cuts (TipRanks)
• Negative Sentiment: Credit-card exposure and regulatory/sector headwinds — Commentaries flagged Citi’s consumer/credit-card exposures as a vulnerability and the broader bank sector saw selling after earnings amid valuation scrutiny and political talk of credit-rate caps, creating an ongoing overhang. Record earnings overshadowed by credit-card exposure (TipRanks) Bank Stocks Get Punished After Earnings (MarketBeat)

Citigroup 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.