Callan Family Office LLC Decreases Stake in Citigroup Inc. $C

Callan Family Office LLC lessened its holdings in shares of Citigroup Inc. (NYSE:C) by 19.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,051 shares of the company’s stock after selling 5,674 shares during the period. Callan Family Office LLC’s holdings in Citigroup were worth $2,340,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of C. Wolff Wiese Magana LLC lifted its position in shares of Citigroup by 87.6% during the 3rd 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 period. Guerra Advisors Inc purchased a new stake in shares of Citigroup in the 3rd quarter worth about $33,000. Cloud Capital Management LLC acquired a new stake in Citigroup in the 3rd quarter valued at about $40,000. Howard Hughes Medical Institute purchased a new position in Citigroup during the 2nd quarter valued at about $34,000. Finally, Highline Wealth Partners LLC lifted its holdings in shares of Citigroup by 35.3% in the third quarter. Highline Wealth Partners LLC now owns 418 shares of the company’s stock valued at $42,000 after purchasing an additional 109 shares in the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Key Stories Impacting Citigroup

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 NYSE:C opened at $117.38 on Thursday. The business has a 50-day moving average of $114.63 and a two-hundred day moving average of $103.61. The firm has a market capitalization of $210.02 billion, a PE ratio of 16.84, a P/E/G ratio of 0.75 and a beta of 1.18. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 0.99. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $124.17.

Citigroup (NYSE:C) last issued its earnings results 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. The business had revenue of $19.87 billion during the quarter, compared to analysts’ expectations of $20.99 billion. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.34 EPS. As a group, research analysts forecast that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms recently issued reports on C. Zacks Research raised Citigroup from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. JPMorgan Chase & Co. upgraded Citigroup from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $107.00 to $124.00 in a report on Friday, December 12th. Wells Fargo & Company set a $150.00 price target on Citigroup in a research note on Monday, January 5th. UBS Group reaffirmed a “neutral” rating and issued a $132.00 price objective on shares of Citigroup in a research report on Thursday, January 15th. Finally, Keefe, Bruyette & Woods upped their target price on Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a research note on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $125.56.

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.