Citigroup Inc. $C Shares Sold by Azimuth Capital Investment Management LLC

Azimuth Capital Investment Management LLC lowered its holdings in shares of Citigroup Inc. (NYSE:C) by 8.7% during the 3rd quarter, Holdings Channel reports. The fund owned 132,014 shares of the company’s stock after selling 12,609 shares during the period. Azimuth Capital Investment Management LLC’s holdings in Citigroup were worth $13,399,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. Wolff Wiese Magana LLC increased its holdings in shares of Citigroup by 87.6% during the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock valued at $26,000 after purchasing an additional 120 shares during the period. Dunhill Financial LLC lifted its holdings in Citigroup by 92.2% in the third quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock worth $32,000 after purchasing an additional 153 shares during the period. Guerra Advisors Inc acquired a new stake in Citigroup in the third quarter worth about $33,000. Howard Hughes Medical Institute bought a new position in Citigroup in the 2nd quarter valued at about $34,000. Finally, Capital A Wealth Management LLC bought a new position in Citigroup in the 2nd quarter valued at about $38,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on the stock. TD Cowen reissued a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. Barclays upped their price target on shares of Citigroup from $115.00 to $146.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. The Goldman Sachs Group raised their price objective on shares of Citigroup from $113.00 to $127.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. HSBC reissued a “buy” rating and set a $87.00 target price on shares of Citigroup in a report on Wednesday, January 7th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a research report on Wednesday, January 21st. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $127.25.

Citigroup Price Performance

Shares of NYSE C opened at $105.65 on Friday. Citigroup Inc. has a twelve month low of $55.51 and a twelve month high of $125.16. 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 company has a market capitalization of $184.82 billion, a price-to-earnings ratio of 15.16, a PEG ratio of 0.68 and a beta of 1.17. The firm has a 50-day moving average of $114.66 and a two-hundred day moving average of $107.15.

Citigroup (NYSE:C) last posted its quarterly earnings data 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 company had revenue of $19.87 billion during the quarter, compared to analyst estimates of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.34 EPS. As a group, analysts expect that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is presently 34.43%.

Citigroup News Roundup

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

Insiders Place Their Bets

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of Citigroup stock in a transaction that occurred 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 transaction, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.08% of the company’s stock.

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.