Citigroup Inc. $C Position Reduced by Richard Bernstein Advisors LLC

Richard Bernstein Advisors LLC reduced its position in shares of Citigroup Inc. (NYSE:C) by 61.2% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,344 shares of the company’s stock after selling 27,400 shares during the quarter. Richard Bernstein Advisors LLC’s holdings in Citigroup were worth $1,760,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wolff Wiese Magana LLC raised its position in Citigroup by 87.6% in 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 in the last quarter. Dunhill Financial LLC lifted its position in shares of Citigroup by 92.2% during the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock valued at $32,000 after acquiring an additional 153 shares during the last quarter. Guerra Advisors Inc acquired 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 second quarter valued at $34,000. Finally, Capital A Wealth Management LLC purchased a new position in Citigroup in the 2nd quarter worth about $38,000. Institutional investors own 71.72% of the company’s stock.

Citigroup Trading Up 0.1%

Citigroup stock opened at $106.62 on Tuesday. Citigroup Inc. has a one year low of $55.51 and a one year high of $125.16. The company’s fifty day moving average price is $115.45 and its two-hundred day moving average price is $106.89. The company has a market capitalization of $186.52 billion, a price-to-earnings ratio of 15.30, a PEG ratio of 0.68 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 (NYSE:C) last posted its 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 analyst estimates 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 period in the previous year, the company earned $1.34 EPS. On average, analysts forecast that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

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

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Zacks upgraded Citigroup to a Buy (Zacks Rank #2), which often triggers short-term inflows and coverage-related buying from retail and quant screens. All You Need to Know About Citigroup (C) Rating Upgrade to Buy
• Positive Sentiment: Unusually large call-option buying was reported (≈93,383 calls, ~25% above average), signalling speculative or hedge-driven bullish positioning that can amplify upside into near-term expiries.
• Positive Sentiment: Citi issued a digitally native structured note on Euroclear’s D‑FMI DLT platform — a visible example of product innovation and growth in the wealth-management and capital-markets business lines. Citi Issues Inaugural Digitally Native Structured Note on Euroclear’s D-FMI DLT Platform
• Positive Sentiment: Reports say Blackstone is working with Citi on a revived sale of ShyaHsin Packaging — indicative of ongoing M&A/advisory mandates that can boost fees and trading flows. Blackstone Is Said to Work With Citi on Revived Sale of ShyaHsin Packaging
• Positive Sentiment: TradeSmith’s health indicator recently included Citigroup among non-tech names in its “Green Zone,” supporting a constructive view on Citigroup’s financial health. 3 Non-Tech Stocks in TradeSmith’s Green Zone for Financial Health (C)
• Neutral Sentiment: Some brokerages collectively rate Citi as a “Moderate Buy” — steady, but not uniformly bullish enough to drive a larger re-rate on its own. Citigroup Inc. (NYSE:C) Given Average Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Citi group entities notified Bapcor that holdings fell below the substantial‑holder threshold — a routine ownership update with limited direct impact on Citi’s core business. Citi Group Entities Fall Below Substantial Holder Threshold in Bapcor
• Neutral Sentiment: Wider Middle East conflict is driving higher energy prices and market volatility — a mixed macro backdrop for banks (higher rates can help net interest income, but volatility and recession risk can hurt credit and trading). Asia’s Fuel Crunch Forces Four-Day Weeks and School Closures
• Negative Sentiment: Citi suffered the largest fall among banks in a global gender ranking — a reputational/ESG negative that could affect investor perception and long-term flows from ESG-focused funds. Citi suffers largest fall among banks in global gender ranking
• Negative Sentiment: Industry friction over crypto bank charters — the Bank Policy Institute is weighing legal action against the OCC — underscores regulatory uncertainty that could raise compliance costs or slow industry initiatives, creating a broader headwind for big banks. US banking lobby considers suing OCC over crypto bank charters: Report

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 stock was sold at an average price of $111.09, for a total value of $4,796,088.57. Following the transaction, the insider directly owned 45,835 shares of the company’s stock, valued at $5,091,810.15. The trade was a 48.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.08% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

C has been the topic of several analyst reports. Oppenheimer lifted their target price on shares of Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a research report on Thursday, January 15th. Piper Sandler set a $135.00 target price on Citigroup in a report on Thursday, January 15th. JPMorgan Chase & Co. upped their price target on Citigroup from $130.00 to $134.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. The Goldman Sachs Group raised their price objective on Citigroup from $113.00 to $127.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Finally, Truist Financial boosted their price objective 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. Fourteen analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $127.25.

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.