Wilmington Savings Fund Society FSB Lowers Stock Holdings in Citigroup Inc. $C

Wilmington Savings Fund Society FSB lessened its holdings in shares of Citigroup Inc. (NYSE:C) by 29.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 34,690 shares of the company’s stock after selling 14,647 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Citigroup were worth $3,521,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in C. Fjarde AP Fonden Fourth Swedish National Pension Fund boosted its position in shares of Citigroup by 1.6% in the third quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 319,091 shares of the company’s stock worth $32,388,000 after acquiring an additional 5,027 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its stake in Citigroup by 1.1% during the third quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 597,276 shares of the company’s stock worth $60,652,000 after purchasing an additional 6,788 shares during the period. Blalock Williams LLC acquired a new position in shares of Citigroup in the 3rd quarter valued at $367,000. Impact Capital Partners LLC purchased a new stake in shares of Citigroup during the 3rd quarter valued at $218,000. Finally, Octavia Wealth Advisors LLC increased its holdings in shares of Citigroup by 7.7% during the 3rd quarter. Octavia Wealth Advisors LLC now owns 2,812 shares of the company’s stock worth $285,000 after buying an additional 202 shares during the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Analyst Ratings Changes

C has been the subject of a number of research reports. JPMorgan Chase & Co. raised Citigroup from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $107.00 to $124.00 in a research report on Friday, December 12th. UBS Group reissued a “neutral” rating and set a $132.00 target price on shares of Citigroup in a research report on Thursday. HSBC restated a “buy” rating and issued a $87.00 price target on shares of Citigroup in a report on Wednesday, January 7th. TD Cowen boosted their price objective on shares of Citigroup from $105.00 to $110.00 and gave the stock a “hold” rating in a research note on Wednesday, October 15th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $121.00 target price on shares of Citigroup in a report on Thursday. Fourteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Citigroup presently has an average rating of “Moderate Buy” and a consensus target price of $124.65.

Citigroup Trading Up 0.6%

C opened at $118.21 on Friday. The firm’s 50 day moving average is $110.67 and its 200-day moving average is $101.07. Citigroup Inc. has a 52-week low of $55.51 and a 52-week high of $124.17. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. The firm has a market capitalization of $211.51 billion, a P/E ratio of 16.96, a P/E/G ratio of 0.45 and a beta of 1.18.

Citigroup (NYSE:C) last released its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $20.99 billion. During the same period last year, the business earned $1.34 EPS. The business’s revenue was up 2.1% on a year-over-year basis. Analysts expect that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

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

Citigroup News Roundup

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)

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.