Clough Capital Partners L P Grows Position in Citigroup Inc. $C

Clough Capital Partners L P grew its holdings in Citigroup Inc. (NYSE:C) by 148.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 94,370 shares of the company’s stock after buying an additional 56,350 shares during the quarter. Clough Capital Partners L P’s holdings in Citigroup were worth $9,579,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of C. Brookstone Capital Management raised its holdings in Citigroup by 31.5% in the 3rd quarter. Brookstone Capital Management now owns 75,914 shares of the company’s stock valued at $7,705,000 after acquiring an additional 18,176 shares during the last quarter. Permanent Capital Management LP acquired a new position in shares of Citigroup during the 3rd quarter worth approximately $1,238,000. Donaldson Capital Management LLC acquired a new position in shares of Citigroup during the 3rd quarter worth approximately $58,994,000. Penobscot Investment Management Company Inc. grew its position in shares of Citigroup by 61.5% in the third quarter. Penobscot Investment Management Company Inc. now owns 57,033 shares of the company’s stock valued at $5,789,000 after purchasing an additional 21,720 shares in the last quarter. Finally, Perigon Wealth Management LLC grew its position in shares of Citigroup by 27.2% in the third quarter. Perigon Wealth Management LLC now owns 75,566 shares of the company’s stock valued at $7,670,000 after purchasing an additional 16,171 shares in the last quarter. 71.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on C. Zacks Research downgraded Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a report on Wednesday, January 21st. TD Cowen reaffirmed a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. Royal Bank Of Canada reiterated an “outperform” rating and set a $121.00 price target on shares of Citigroup in a report on Thursday, January 15th. Finally, Wells Fargo & Company set a $150.00 price target on shares of Citigroup in a research report on Monday, January 5th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $127.25.

Citigroup Stock Performance

Shares of C stock opened at $105.65 on Friday. 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 firm has a market cap of $184.82 billion, a P/E ratio of 15.16, a P/E/G ratio of 0.68 and a beta of 1.17. The firm’s 50 day moving average price is $114.66 and its 200-day moving average price is $107.15. Citigroup Inc. has a one year low of $55.51 and a one year high of $125.16.

Citigroup (NYSE:C) last posted its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.16. The firm 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 firm’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.34 EPS. As a group, equities research analysts predict that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Dividend Announcement

The company also recently declared 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. 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%.

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

Insider Buying and Selling at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction 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 sale, the insider owned 45,835 shares in the company, valued at approximately $5,091,810.15. The trade was a 48.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 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.