Prana Capital Management LP Reduces Stake in Citigroup Inc. $C

Prana Capital Management LP decreased its stake in shares of Citigroup Inc. (NYSE:C) by 14.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 932,846 shares of the company’s stock after selling 158,469 shares during the period. Citigroup accounts for about 3.2% of Prana Capital Management LP’s portfolio, making the stock its 9th largest holding. Prana Capital Management LP owned 0.05% of Citigroup worth $94,684,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of C. Wolff Wiese Magana LLC boosted 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 worth $26,000 after acquiring an additional 120 shares during the period. Dunhill Financial LLC grew its position in shares of Citigroup by 92.2% in the third quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock valued at $32,000 after purchasing an additional 153 shares during the last quarter. Guerra Advisors Inc bought a new position in shares of Citigroup during the third quarter worth approximately $33,000. Howard Hughes Medical Institute acquired a new stake in Citigroup during the 2nd quarter worth approximately $34,000. Finally, Capital A Wealth Management LLC acquired a new stake in Citigroup during the 2nd quarter worth approximately $38,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Citigroup Price Performance

Shares of NYSE C opened at $107.73 on Wednesday. The business has a fifty day moving average price of $114.04 and a two-hundred day moving average price of $107.37. The stock has a market capitalization of $188.45 billion, a PE ratio of 15.46, a P/E/G ratio of 0.69 and a beta of 1.17. 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 fifty-two week low of $55.51 and a fifty-two week high of $125.16.

Citigroup (NYSE:C) last released its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.16. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The company had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. During the same period in the prior year, the firm posted $1.34 EPS. Citigroup’s quarterly revenue was up 2.1% on a year-over-year basis. As a group, equities analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 2nd were given a dividend of $0.60 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a $2.40 annualized dividend and a yield of 2.2%. Citigroup’s dividend payout ratio is currently 34.43%.

Analyst Ratings Changes

C has been the topic of a number of research reports. HSBC reaffirmed a “buy” rating and issued a $87.00 price objective on shares of Citigroup in a report on Wednesday, January 7th. Truist Financial boosted their target price on shares of Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Keefe, Bruyette & Woods upped their price target on shares of Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a research note on Wednesday, December 17th. The Goldman Sachs Group raised their price target on shares of Citigroup from $113.00 to $127.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Finally, Zacks Research cut shares of Citigroup from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. Fourteen 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, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $127.25.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi is opening a large Charlotte office and adding hundreds of jobs, a sign of ongoing investment in operations and talent that supports middle- and back-office capacity for global banking and markets activity. Banking giant opens Ballantyne office, adding over 500 jobs in Charlotte
• Positive Sentiment: Citi’s research/coverage business remains active (example: initiating coverage of Nebius Group NV), which underpins recurring research/IB client work and visibility across sectors. Citigroup initiates coverage of Nebius Group NV (NBIS) with buy recommendation
• Neutral Sentiment: Research notes from Citi (and peers) flag a potential peak in energy-stock rallies — useful market intelligence but not a direct driver of Citi’s own fundamentals; could affect trading volumes and client flows in energy-related desks. Jefferies and Citi Spot a Potential Top in Soaring Energy Stocks
• Negative Sentiment: Citi Research cut its 12‑month price targets for Bitcoin and Ethereum, citing stalled U.S. legislation, weaker ETF inflows and softer network activity — a development that could mute crypto-related trading and ETF flow commissions that banks and trading desks hoped to capture. Multiple outlets covered the downgrade. Citigroup cuts 12-month bitcoin, ether targets as US crypto legislation stalls
• Negative Sentiment: Regional tensions (Iran war) have forced Citi to keep most UAE branches closed and prompted broader Citi Research warnings about macro and market risks (e.g., cuts to India/Nifty targets), which raise operational and market risk concerns in affected geographies. Citi to keep most UAE branches closed indefinitely due to Iran war

Insider Transactions at Citigroup

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the sale, the insider directly owned 45,835 shares in the company, valued at $5,091,810.15. This represents a 48.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.08% of the stock is owned by insiders.

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.