KLCM Advisors Inc. Lowers Stake in Citigroup Inc. $C

KLCM Advisors Inc. trimmed its holdings in shares of Citigroup Inc. (NYSE:C) by 30.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 268,580 shares of the company’s stock after selling 118,562 shares during the quarter. Citigroup accounts for approximately 2.7% of KLCM Advisors Inc.’s investment portfolio, making the stock its 5th biggest position. KLCM Advisors Inc.’s holdings in Citigroup were worth $27,261,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Wolff Wiese Magana LLC boosted its position in shares of Citigroup by 87.6% during the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock valued at $26,000 after buying an additional 120 shares during the last quarter. Dunhill Financial LLC raised its position in Citigroup by 92.2% in the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock worth $32,000 after buying an additional 153 shares during the last quarter. Guerra Advisors Inc bought a new position in Citigroup during the 3rd quarter valued at about $33,000. Cloud Capital Management LLC bought a new position in Citigroup during the 3rd quarter valued at about $40,000. Finally, Howard Hughes Medical Institute purchased a new stake in shares of Citigroup during the 2nd quarter valued at about $34,000. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup Trading Up 0.2%

Shares of C stock opened at $109.18 on Thursday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a fifty day simple moving average of $115.13 and a two-hundred day simple moving average of $107.00. The firm has a market capitalization of $190.99 billion, a PE ratio of 15.66, a PEG ratio of 0.70 and a beta of 1.17. Citigroup Inc. has a 52-week low of $55.51 and a 52-week high of $125.16.

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

Citigroup Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 2nd were given a dividend of $0.60 per share. The ex-dividend date was Monday, February 2nd. This represents a $2.40 annualized dividend and a dividend yield of 2.2%. Citigroup’s dividend payout ratio (DPR) is presently 34.43%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the stock. Zacks Research cut shares of Citigroup from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. Truist Financial upped their price target on shares of Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Barclays increased their price objective 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. Wells Fargo & Company set a $150.00 price target on shares of Citigroup in a research note on Monday, January 5th. Finally, Piper Sandler set a $135.00 price objective on Citigroup in a research note on Thursday, January 15th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $127.25.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: CEO and management said first‑quarter investment‑banking fees are tracking mid‑teens % growth, which investors view as evidence the IB/markets turnaround is taking hold and should boost fee revenue. Citigroup sees mid-teens growth in first-quarter investment banking fees
• Positive Sentiment: Citi completed its first digitally native structured note via Euroclear’s D-FMI and has been active with new senior note offerings — a sign of product innovation and diversified funding that supports its capital and wealth-management narrative. Citigroup (C) Issues First Digitally Native Structured Note via Euroclear
• Positive Sentiment: Management outlined ambitions for higher returns (10–11% ROTCE) and mid‑teens growth in IB/markets revenue while raising AI capex and revenue assumptions — a growth + efficiency story that analysts have been rewarding. Did Citi’s New Debt Issuance And Digital Note Launch Just Shift Citigroup’s (C) Investment Narrative?
• Positive Sentiment: Citigroup has increased AI investment projections as enterprise adoption rises; investors are pricing this as support for future fee streams (markets/IB) and technology‑led efficiency. Citigroup raises AI capex and revenue forecasts amid rapid enterprise adoption
• Neutral Sentiment: Unusually high options volume has been reported on C, indicating elevated trader/speculator activity and possibly larger intraday moves; this increases volatility but not necessarily directional conviction. Citigroup Sees Unusually High Options Volume (NYSE:C)
• Negative Sentiment: Citi evacuated multiple U.A.E. buildings after apparent threats tied to Iran‑related strikes — a short‑term operational/safety cost and regional risk that could weigh on sentiment for banks with MENA exposure. Citi evacuates offices in the Middle East after Iran threatens to target banks

Insider Activity at Citigroup

In other news, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $111.09, for a total value of $4,796,088.57. Following the transaction, the insider owned 45,835 shares of the company’s stock, valued at approximately $5,091,810.15. The trade was 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 hyperlink. Company insiders own 0.08% of the company’s stock.

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.