Prudential PLC Sells 19,177 Shares of Citigroup Inc. $C

Prudential PLC decreased its stake in Citigroup Inc. (NYSE:C) by 7.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 229,391 shares of the company’s stock after selling 19,177 shares during the period. Prudential PLC’s holdings in Citigroup were worth $23,283,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in C. Wolff Wiese Magana LLC boosted its holdings in Citigroup by 87.6% in the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock valued at $26,000 after acquiring an additional 120 shares during the last quarter. Dunhill Financial LLC raised its holdings in Citigroup by 92.2% during the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock worth $32,000 after purchasing an additional 153 shares during the last quarter. Guerra Advisors Inc bought a new position in Citigroup during the 3rd quarter worth approximately $33,000. Cloud Capital Management LLC acquired a new position in shares of Citigroup in the 3rd quarter worth approximately $40,000. Finally, Howard Hughes Medical Institute acquired a new position in shares of Citigroup in the 2nd quarter worth approximately $34,000. 71.72% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

C has been the subject of several recent analyst reports. Wolfe Research reiterated an “outperform” rating and set a $141.00 price objective on shares of Citigroup in a research report on Wednesday, January 7th. JPMorgan Chase & Co. boosted their target price on shares of Citigroup from $130.00 to $134.00 and gave the company an “overweight” rating in a report on Monday, February 9th. Zacks Research cut shares of Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Truist Financial increased their price target on Citigroup from $123.00 to $129.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Finally, The Goldman Sachs Group boosted their price objective on Citigroup from $113.00 to $127.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Citigroup presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.25.

Citigroup Trading Up 0.1%

NYSE C opened at $105.65 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.63. The business has a fifty day simple moving average of $114.66 and a 200 day simple moving average of $107.07. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $125.16. The firm has a market capitalization of $184.82 billion, a P/E ratio of 15.16, a PEG ratio of 0.67 and a beta of 1.17.

Citigroup (NYSE:C) last posted its quarterly earnings data 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. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The firm had revenue of $19.87 billion for the quarter, compared to the consensus estimate of $20.99 billion. During the same period in the previous year, the firm earned $1.34 EPS. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. On average, analysts predict that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The company also recently declared 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. The ex-dividend date was Monday, February 2nd. This represents a $2.40 annualized dividend and a yield of 2.3%. Citigroup’s payout ratio is 34.43%.

More Citigroup News

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 Transactions at Citigroup

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s stock in a transaction dated 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 sale, the insider directly owned 45,835 shares of the company’s stock, valued at approximately $5,091,810.15. This represents a 48.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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.