Comerica Bank Has $49.56 Million Stock Position in Citigroup Inc. $C

Comerica Bank lowered its stake in Citigroup Inc. (NYSE:C) by 3.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 488,318 shares of the company’s stock after selling 18,863 shares during the quarter. Comerica Bank’s holdings in Citigroup were worth $49,564,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of C. Vanguard Group Inc. lifted its stake in Citigroup by 0.7% during the second quarter. Vanguard Group Inc. now owns 165,851,890 shares of the company’s stock valued at $14,117,313,000 after buying an additional 1,148,451 shares in the last quarter. Capital World Investors increased its position in shares of Citigroup by 6.5% in the third quarter. Capital World Investors now owns 47,262,626 shares of the company’s stock worth $4,797,292,000 after acquiring an additional 2,871,074 shares in the last quarter. Fisher Asset Management LLC raised its holdings 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 valued at $3,353,612,000 after acquiring an additional 879,056 shares during the period. Franklin Resources Inc. raised its holdings in shares of Citigroup by 1.8% during the third quarter. Franklin Resources Inc. now owns 32,870,559 shares of the company’s stock valued at $3,336,362,000 after acquiring an additional 580,027 shares during the period. Finally, Norges Bank purchased a new stake in shares of Citigroup in the 2nd quarter valued at approximately $2,455,929,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Insider Activity

In related news, insider Cantu Ernesto Torres sold 43,173 shares of Citigroup stock in a transaction on Friday, February 13th. The stock was sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the completion of the sale, the insider owned 45,835 shares of the company’s stock, valued at approximately $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 accessible through the SEC website. Corporate insiders own 0.08% of the company’s stock.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Reported insider buying — Rep. Jonathan Jackson disclosed a purchase of up to ~$275K of Citigroup stock, which can be interpreted by some investors as a signal of confidence from an insider-related actor and may provide modest demand support. Recent Report Shows That Rep. Jonathan Jackson Bought Up to $275K Worth of Citigroup Stock
• Positive Sentiment: Execution/innovation milestone — Citi issued its first digitally native structured note via Euroclear’s D‑FMI platform, showcasing product innovation and potential fee/revenue opportunities in wholesale and wealth businesses. That can bolster investor sentiment around Citi’s capital markets capabilities. Citigroup (C) Issues First Digitally Native Structured Note via Euroclear
• Positive Sentiment: Research reputation — Citigroup ranked highly on growth-factor grades among S&P financial holdings and continues to publish influential calls (e.g., upgrades elsewhere). Strong research can support fee business and market influence. Citigroup and Goldman Sachs top growth factor grades among S&P financial holdings
• Neutral Sentiment: Analyst activity — Citi’s research team stuck by coverage/ratings on defense names amid the Iran war and upgraded names like LyondellBasell; these moves matter more to those specific sectors than to Citi’s immediate P&L, though they illustrate active deal and research flow. Citigroup sticks by three missile and defense companies as Iran war rages
• Neutral Sentiment: Talent/industry spinout — An ex‑Citi CIO has launched an AI‑driven wealth manager. Startup activity highlights Citi alumni influence but is unlikely to materially affect Citi’s near‑term earnings. David Bailin: Armed With AI, an Ex-Citi CIO Strives to Shake Up the Industry
• Negative Sentiment: Operational/security risk — Citi instructed staff to evacuate several Dubai/UAE buildings and move to remote work after reported Iranian threats to Western banks. That raises short‑term operational disruption risk, potential security costs, and investor concern about regional exposure. Citigroup Dubai Evacuation Puts Operational Risks And Valuation In Focus
• Negative Sentiment: Recent price weakness context — Coverage summarizing why Citi shares fell more than the market earlier this week points to sector pressure and geopolitical risk; that context still weighs on sentiment and can amplify volatility around Citi. Here’s Why Citigroup (C) Fell More Than Broader Market

Citigroup Stock Performance

Shares of C opened at $105.65 on Friday. The company has a market capitalization of $184.82 billion, a PE ratio of 15.16, a PEG ratio of 0.67 and a beta of 1.17. 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 company’s 50 day moving average price is $114.66 and its 200 day moving average price is $107.07. Citigroup Inc. has a 52 week low of $55.51 and a 52 week high of $125.16.

Citigroup (NYSE:C) last released its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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%. The company’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.34 EPS. Research analysts expect that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Dividend Announcement

The company also recently disclosed 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 2.3%. The ex-dividend date was Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is currently 34.43%.

Analyst Upgrades and Downgrades

C has been the subject of a number of recent analyst reports. TD Cowen reaffirmed a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. Morgan Stanley set a $152.00 target price on shares of Citigroup in a research note on Tuesday, February 17th. Piper Sandler set a $135.00 target price on Citigroup in a research report on Thursday, January 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Citigroup in a report on Wednesday, January 21st. Finally, Wolfe Research reissued an “outperform” rating and set a $141.00 price target on shares of Citigroup in a research report on Wednesday, January 7th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Citigroup presently has a consensus rating of “Moderate Buy” and an average price target of $127.25.

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.