Citigroup Inc. $C Stock Position Lessened by Inlet Private Wealth LLC

Inlet Private Wealth LLC lowered its position in Citigroup Inc. (NYSE:C) by 6.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 93,580 shares of the company’s stock after selling 6,050 shares during the period. Citigroup makes up about 2.5% of Inlet Private Wealth LLC’s portfolio, making the stock its 9th largest position. Inlet Private Wealth LLC’s holdings in Citigroup were worth $10,920,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC increased its stake in Citigroup by 166.9% during the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock valued at $1,407,000 after purchasing an additional 12,499 shares in the last quarter. Sivia Capital Partners LLC lifted its stake in shares of Citigroup by 20.5% during the second quarter. Sivia Capital Partners LLC now owns 9,805 shares of the company’s stock worth $835,000 after buying an additional 1,669 shares during the period. United Bank purchased a new stake in shares of Citigroup during the second quarter valued at $972,000. Cresset Asset Management LLC increased its position in shares of Citigroup by 3.0% in the 2nd quarter. Cresset Asset Management LLC now owns 34,826 shares of the company’s stock valued at $2,965,000 after acquiring an additional 1,014 shares during the period. Finally, StoneX Group Inc. acquired a new position in shares of Citigroup in the 2nd quarter valued at $243,000. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Citigroup Stock Performance

Shares of NYSE C opened at $117.25 on Tuesday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.63. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $125.16. The company has a 50 day simple moving average of $112.79 and a two-hundred day simple moving average of $108.77. The stock has a market cap of $205.11 billion, a price-to-earnings ratio of 16.82, a PEG ratio of 0.74 and a beta of 1.11.

Citigroup (NYSE:C) last announced its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, beating the consensus estimate of $1.65 by $0.16. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The business had revenue of $19.87 billion during the quarter, compared to analysts’ expectations of $20.99 billion. During the same period in the previous year, the business posted $1.34 EPS. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. As a group, analysts predict 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, May 22nd. Shareholders of record on Monday, May 4th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.0%. The ex-dividend date is Monday, May 4th. Citigroup’s payout ratio is presently 34.43%.

Insider Buying and Selling

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 shares were sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the completion of the sale, the insider directly owned 45,835 shares in the company, valued at approximately $5,091,810.15. The trade was a 48.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.08% of the company’s stock.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Goldman Sachs raised its price target on Citigroup to $137 and reiterated a “buy” rating — a direct analyst catalyst that boosts investor demand by implying ~17% upside from recent levels. Benzinga
• Positive Sentiment: Citigroup declared a quarterly dividend of $0.60 per share (record May 4, payable May 22) — increases cash return visibility and supports income-focused ownership. (Company announcement)
• Positive Sentiment: Citigroup itself pushed back its Fed rate‑cut forecast, now expecting cuts to start in September — a later cut schedule implies higher interest rates for longer, which generally supports banks’ net interest margins and near‑term profitability. TipRanks
• Neutral Sentiment: Industry outlook: analysts expect major U.S. banks (including Citigroup) to deliver broadly in‑line to slightly better Q1 results — supportive overall but keeps focus on Citigroup’s specific revenue mix and trading/loan trends. ProactiveInvestors
• Negative Sentiment: Wider macro and geopolitical risks (inflation concerns and Middle East tensions) are being flagged by Fed officials and markets — these raise volatility and could weigh on fee businesses, trading revenue and investor sentiment even if higher rates help margins. Blockonomi

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. HSBC restated a “buy” rating and issued a $87.00 target price on shares of Citigroup in a research note on Wednesday, January 7th. Truist Financial raised their target price on Citigroup from $123.00 to $129.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. TD Cowen restated a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a research note on Wednesday, January 21st. Finally, Jefferies Financial Group assumed coverage on Citigroup in a research note on Thursday, March 26th. They issued a “buy” rating and a $135.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $127.59.

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.