Citigroup Inc. $C Shares Bought by Horizon Investments LLC

Horizon Investments LLC grew its stake in shares of Citigroup Inc. (NYSE:C) by 6.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 62,060 shares of the company’s stock after purchasing an additional 4,018 shares during the quarter. Horizon Investments LLC’s holdings in Citigroup were worth $7,242,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in C. Whelan Financial grew its stake in Citigroup by 10.7% during the 4th quarter. Whelan Financial now owns 2,916 shares of the company’s stock worth $340,000 after buying an additional 282 shares during the last quarter. Danske Bank A S boosted its holdings in shares of Citigroup by 6.7% during the fourth quarter. Danske Bank A S now owns 1,035,472 shares of the company’s stock valued at $120,829,000 after acquiring an additional 64,959 shares during the period. GenTrust LLC bought a new position in shares of Citigroup during the fourth quarter worth about $333,000. SNS Financial Group LLC acquired a new stake in shares of Citigroup in the 4th quarter worth about $212,000. Finally, Secured Retirement Advisors LLC lifted its position in Citigroup by 3.7% in the 4th quarter. Secured Retirement Advisors LLC now owns 16,254 shares of the company’s stock valued at $1,897,000 after purchasing an additional 583 shares during the last quarter. Institutional investors own 71.72% of the company’s stock.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: JPMorgan raised its price target on Citi and assigned an “overweight” rating, implying upside from current levels — a buy-side pillar that can support the stock. Benzinga
• Positive Sentiment: Unusually large call-option buying: traders bought roughly 125,853 Citi calls (about +68% vs. average), signaling short-term bullish positioning from options market participants — this can lift implied volatility and near-term demand for shares.
• Positive Sentiment: Strategic hires and expansion: Citi continues to add senior bankers in Asia and other units to boost cross-border M&A and infrastructure capabilities, which supports revenue growth prospects. Bloomberg: Shukla hire
• Positive Sentiment: Citi is advancing its planned disinvestment from Banamex with new investors on board, reducing legacy-country risk and helping clean up the balance sheet over time. Mexico News Daily
• Positive Sentiment: Recognition in digital assets: Citi received institutional nomination for digital asset adoption, supporting its positioning in tokenization and custody services — a potential long-term revenue stream. BeInCrypto
• Neutral Sentiment: Citi research commentary (e.g., on gold) and routine regulatory/participation notices are being circulated but are unlikely to move the stock materially on their own.
• Negative Sentiment: Reputational/legal risk: media reports about Citi hiring ex-JPMorgan banker Vis Raghavan (and a $52M payout despite past allegations) are drawing attention and could be a governance/reputational overhang for some investors. Inc.
• Negative Sentiment: Macro/geopolitical volatility — including Japan’s FX intervention (sharp yen moves) and recent Middle East developments — raises trading and market-risk uncertainty; that can pressure bank stocks via trading revenue swings and risk-off flows. Bloomberg/Yahoo

Analyst Ratings Changes

Several research firms have commented on C. Royal Bank Of Canada restated an “outperform” rating and issued a $139.00 target price on shares of Citigroup in a research report on Wednesday, April 15th. Wells Fargo & Company lifted their price target on Citigroup from $160.00 to $162.00 and gave the company an “overweight” rating in a report on Wednesday. Evercore set a $139.00 price objective on Citigroup in a research report on Wednesday, April 15th. Zacks Research lowered Citigroup from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. Finally, Oppenheimer raised their target price on Citigroup from $132.00 to $144.00 and gave the company an “outperform” rating in a research report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $136.79.

Insider Activity at Citigroup

In other 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 transaction, the insider directly owned 45,835 shares in the company, valued at approximately $5,091,810.15. This trade represents a 48.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Edward Skyler sold 25,000 shares of Citigroup stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $131.41, for a total value of $3,285,250.00. Following the transaction, the insider owned 182,022 shares in the company, valued at approximately $23,919,511.02. This trade represents a 12.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 92,318 shares of company stock worth $10,764,814. 0.11% of the stock is owned by corporate insiders.

Citigroup Stock Performance

Shares of C opened at $127.44 on Friday. The firm has a 50-day moving average price of $117.01 and a 200 day moving average price of $112.27. The firm has a market capitalization of $218.55 billion, a PE ratio of 15.79, a P/E/G ratio of 0.57 and a beta of 1.14. The company has a quick ratio of 1.00, a current ratio of 0.99 and a debt-to-equity ratio of 1.59. Citigroup Inc. has a 52-week low of $69.17 and a 52-week high of $135.29.

Citigroup (NYSE:C) last released its quarterly earnings results on Tuesday, April 14th. The company reported $3.06 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $0.43. The company had revenue of $24.63 billion for the quarter, compared to the consensus estimate of $22.96 billion. Citigroup had a net margin of 9.35% and a return on equity of 9.19%. Citigroup’s revenue was up 14.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.96 EPS. On average, sell-side analysts anticipate that Citigroup Inc. will post 10.66 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 4th will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, May 4th. This represents a $2.40 annualized dividend and a yield of 1.9%. Citigroup’s payout ratio is presently 29.74%.

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.