Citigroup Inc. $C Shares Acquired by Cinctive Capital Management LP

Cinctive Capital Management LP raised its holdings in shares of Citigroup Inc. (NYSE:C) by 1,078.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 175,426 shares of the company’s stock after buying an additional 160,535 shares during the period. Citigroup comprises approximately 0.9% of Cinctive Capital Management LP’s investment portfolio, making the stock its 25th biggest position. Cinctive Capital Management LP’s holdings in Citigroup were worth $17,806,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in C. Clark Capital Management Group Inc. bought a new position in shares of Citigroup in the third quarter valued at $241,000. Community Bank N.A. bought a new stake in shares of Citigroup during the 3rd quarter worth $101,000. Ausdal Financial Partners Inc. boosted its stake in shares of Citigroup by 4.1% during the 3rd quarter. Ausdal Financial Partners Inc. now owns 19,024 shares of the company’s stock worth $1,931,000 after acquiring an additional 756 shares in the last quarter. California Public Employees Retirement System grew its holdings in shares of Citigroup by 2.5% in the 3rd quarter. California Public Employees Retirement System now owns 3,578,435 shares of the company’s stock worth $363,211,000 after acquiring an additional 85,928 shares during the last quarter. Finally, Chilton Investment Co. Inc. acquired a new position in shares of Citigroup in the 3rd quarter worth $345,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Analyst Upgrades and Downgrades

C has been the subject of several analyst reports. TD Cowen reaffirmed a “hold” rating on shares of Citigroup in a report on Wednesday, January 7th. Royal Bank Of Canada reissued an “outperform” rating and issued a $121.00 price target on shares of Citigroup in a research note on Thursday, January 15th. The Goldman Sachs Group boosted their price objective on Citigroup from $113.00 to $127.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Barclays upped their price objective on shares of Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Finally, Zacks Research cut shares of Citigroup from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $127.25.

Citigroup Stock Performance

Shares of Citigroup stock opened at $105.65 on Friday. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $125.16. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. The stock has a market cap of $184.82 billion, a PE ratio of 15.16, a price-to-earnings-growth ratio of 0.68 and a beta of 1.17. The business has a fifty day simple moving average of $114.66 and a 200-day simple moving average of $107.15.

Citigroup (NYSE:C) last posted its quarterly earnings results 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 firm had revenue of $19.87 billion for 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%.Citigroup’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.34 earnings per share. On average, sell-side analysts anticipate that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Monday, February 2nd. Citigroup’s payout ratio is 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

Insider Buying and Selling at Citigroup

In other news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s stock in a transaction dated 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 owned 45,835 shares in the company, valued at $5,091,810.15. This represents a 48.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.08% of the stock is owned by corporate insiders.

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.