Wealth Enhancement Advisory Services LLC Purchases 15,601 Shares of Citigroup Inc. $C

Wealth Enhancement Advisory Services LLC grew its position in Citigroup Inc. (NYSE:C) by 4.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 409,000 shares of the company’s stock after buying an additional 15,601 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Citigroup were worth $49,965,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Capital World Investors increased its position in 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 purchasing an additional 2,871,074 shares during the period. Fisher Asset Management LLC lifted its position in Citigroup by 2.7% during the 3rd quarter. Fisher Asset Management LLC now owns 33,040,513 shares of the company’s stock valued at $3,353,612,000 after purchasing an additional 879,056 shares during the period. Franklin Resources Inc. lifted its position in Citigroup by 1.8% during the 3rd quarter. Franklin Resources Inc. now owns 32,870,559 shares of the company’s stock valued at $3,336,362,000 after purchasing an additional 580,027 shares during the period. Norges Bank bought a new position in shares of Citigroup in the 2nd quarter valued at about $2,455,929,000. Finally, Bank of New York Mellon Corp grew its position in shares of Citigroup by 17.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 28,125,995 shares of the company’s stock worth $2,854,788,000 after buying an additional 4,211,099 shares during the period. Institutional investors own 71.72% of the company’s stock.

Insider Activity

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 completion of the transaction, the insider owned 45,835 shares of the company’s stock, valued at $5,091,810.15. The trade was a 48.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.08% of the stock is owned by company insiders.

Citigroup Stock Performance

Shares of C stock opened at $111.66 on Tuesday. The stock has a market cap of $195.33 billion, a PE ratio of 16.02, a price-to-earnings-growth ratio of 0.70 and a beta of 1.17. The stock has a 50-day moving average of $113.21 and a 200-day moving average of $107.77. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 1.00. Citigroup Inc. has a one year low of $55.51 and a one year 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 the consensus estimate 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 for the quarter, compared to analyst estimates of $20.99 billion. During the same quarter last year, the firm earned $1.34 EPS. Citigroup’s quarterly revenue was up 2.1% compared to the same quarter last year. As a group, sell-side analysts expect that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Announces Dividend

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 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is currently 34.43%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on C. Zacks Research downgraded shares of Citigroup from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. JPMorgan Chase & Co. raised their price objective on shares of Citigroup from $130.00 to $134.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Wells Fargo & Company set a $150.00 target price on shares of Citigroup in a report on Monday, January 5th. Morgan Stanley set a $152.00 target price on shares of Citigroup in a research report on Tuesday, February 17th. Finally, Keefe, Bruyette & Woods increased their price target on Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a research note on Wednesday, December 17th. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.25.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Macro risk sentiment improved after headlines that the U.S. postponed strikes on Iranian energy targets, which eased safe-haven flows and helped bank stocks rebound. This broader market relief is a major tailwind for Citi’s trading and markets businesses. Asian Shares Follow Wall Street Higher After Trump’s Iran Shift
• Positive Sentiment: Citi promoted Eric Farina and Rob Cascarino to co-heads of its Infrastructure Financing & Capital Solutions Group — a leadership move that signals investment in deal-making capacity in an area that can drive fee revenue and offset some rate‑sensitive pressure. Citi appoints two new co-chiefs for infrastructure financing division
• Neutral Sentiment: Citi entities notified an exit from substantial‑holder status in small cap Weebit Nano — a disclosure about holdings rather than core business performance; unlikely to materially affect Citi’s fundamentals. Citigroup entities exit substantial holder status in Weebit Nano
• Neutral Sentiment: Coverage noting that Citigroup is outpacing the broader market highlights the trade‑level momentum today but does not alter the underlying fundamentals. Citigroup (C) Outpaces Stock Market Gains: What You Should Know
• Negative Sentiment: Company credit trends show mixed signals: card delinquencies remained stable in February, but net charge-offs ticked up — a hint of consumer stress that could pressure loan-loss metrics and weigh on investor sentiment if the trend continues. Citigroup’s Card Delinquencies Stable, Charge-Offs Rise in February

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.