Altrius Capital Management Inc Sells 21,530 Shares of Citigroup Inc. $C

Altrius Capital Management Inc lessened its stake in shares of Citigroup Inc. (NYSE:C) by 29.5% in the 3rd quarter, Holdings Channel reports. The firm owned 51,479 shares of the company’s stock after selling 21,530 shares during the period. Altrius Capital Management Inc’s holdings in Citigroup were worth $5,225,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Wolff Wiese Magana LLC raised its holdings in shares of Citigroup by 87.6% during the 3rd quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock worth $26,000 after acquiring an additional 120 shares in the last quarter. Guerra Advisors Inc purchased a new position in shares of Citigroup in the 3rd quarter worth $33,000. Howard Hughes Medical Institute purchased a new stake in shares of Citigroup during the 2nd quarter valued at about $34,000. Legacy Investment Solutions LLC purchased a new position in Citigroup in the second quarter worth about $38,000. Finally, Capital A Wealth Management LLC bought a new stake in Citigroup during the second quarter worth approximately $38,000. 71.72% of the stock is owned by institutional investors.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Wall Street analyst tone remains constructive — several coverage notes and a Zacks piece highlight analyst optimism that Citigroup’s valuation and earnings trajectory make it a buy candidate, which supports longer-term upside. Is Citigroup (C) a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Q4 fundamentals show pockets of strength — Citigroup reported an EPS beat on Jan. 14 (helping sentiment) and media write-ups summarize what drove the quarter, providing evidence management can lift profitability even as revenues were mixed. Here’s what lifted Citigroup (C) in Q4
• Neutral Sentiment: Citigroup filed to create a new 6.250% preferred-stock Series II — this strengthens capital/funding flexibility but introduces fixed-cost securities that can be viewed as a higher-cost form of capital; impact depends on use of proceeds and market reception. Citigroup Establishes New 6.250% Preferred Stock Series II
• Negative Sentiment: Major workforce reduction announced — reports say Citigroup plans to cut about 60,000 jobs by 2026. The scale raises concerns about execution risk, one-off costs, and reputational effects; while cuts could boost margins long-term, markets often punish uncertainty and the near-term expense and disruption. Citigroup to Axe 60,000 Jobs by 2026 — What It Signals for Bank Workers Everywhere

Citigroup Stock Performance

Shares of Citigroup stock opened at $117.38 on Thursday. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $124.17. The stock’s fifty day moving average price is $114.63 and its 200-day moving average price is $103.61. The firm has a market cap of $210.02 billion, a P/E ratio of 16.84, a P/E/G ratio of 0.75 and a beta of 1.18. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.63.

Citigroup (NYSE:C) last announced its quarterly earnings results 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. The firm had revenue of $19.87 billion during the quarter, compared to analysts’ expectations of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The company’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.34 EPS. On average, equities research analysts expect that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 2nd will be paid a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 2.0%. The ex-dividend date is Monday, February 2nd. Citigroup’s payout ratio is 34.43%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the company. Zacks Research upgraded Citigroup from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Bank of America lifted their price target on shares of Citigroup from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, October 15th. Oppenheimer raised their price objective on shares of Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Truist Financial upped their target price on Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Finally, The Goldman Sachs Group raised their price target on Citigroup from $113.00 to $127.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $125.56.

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.