US Bancorp DE Lowers Stock Position in Citigroup Inc. $C

US Bancorp DE lessened its holdings in Citigroup Inc. (NYSE:C) by 2.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 500,508 shares of the company’s stock after selling 13,319 shares during the quarter. US Bancorp DE’s holdings in Citigroup were worth $58,405,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Wealth High Governance Capital Ltda purchased a new stake in Citigroup in the 4th quarter valued at approximately $14,242,000. Bogart Wealth LLC boosted its stake in shares of Citigroup by 80.6% during the 4th quarter. Bogart Wealth LLC now owns 307 shares of the company’s stock worth $36,000 after acquiring an additional 137 shares in the last quarter. DMKC Advisory Services LLC boosted its stake in shares of Citigroup by 1.9% during the 4th quarter. DMKC Advisory Services LLC now owns 20,138 shares of the company’s stock worth $2,350,000 after acquiring an additional 380 shares in the last quarter. PVG Asset Management Corp purchased a new stake in shares of Citigroup during the 4th quarter worth approximately $465,000. Finally, Simplicity Wealth LLC boosted its stake in shares of Citigroup by 11.9% during the 4th quarter. Simplicity Wealth LLC now owns 6,623 shares of the company’s stock worth $773,000 after acquiring an additional 705 shares in the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: JPMorgan raised its price target on Citigroup to $135.50 and put the stock on an “-overweight” rating, implying further upside and reinforcing buy-side momentum. Read More.
• Positive Sentiment: Erste Group boosted its FY2026 and FY2027 EPS forecasts for Citi (higher earnings outlook supports valuation and buy-side sentiment). Read More.
• Positive Sentiment: Senior hiring and expansion moves: Citi appointed JPMorgan’s Shukla as head of Asia infrastructure and hired senior coverage leaders (Potts) while targeting senior hires in Japan/China — moves that strengthen M&A, infrastructure and cross-border franchises. These hires support revenue growth in higher-fee businesses. Read More.
• Positive Sentiment: Citi was nominated for a BeInCrypto institutional award for leadership in digital asset adoption (CIDAP and token services), highlighting potential growth in fee-based digital services. Read More.
• Neutral Sentiment: Market and regulatory updates: Citi issued participation notifications (technical/regulatory disclosures) — routine but relevant for governance and compliance watchers. Read More.
• Neutral Sentiment: Coverage and media pieces (Zacks, Yahoo) are driving investor attention and conversation around Citi’s strategic moves and potential involvement in a complex deal; these are informational and may increase trading volume but are not definitive catalysts. Read More. Read More.
• Neutral Sentiment: Citi’s Japan banking head says the firm seeks expansion there despite a talent crunch — signals ongoing strategic focus on Asian growth, but execution risk remains. Read More.
• Neutral Sentiment: Macro backdrop: the Fed left rates unchanged in a divided vote, a development that keeps loan and deposit margins (and investor sentiment) in focus for banks including Citi. Read More.
• Negative Sentiment: Reputational/legal headline: a report says Citi paid an ex-JPMorgan banker $52M despite allegations of bullying and abusive behavior — a potential reputational and governance overhang that could attract scrutiny and increase legal/compensation questions. Read More.

Citigroup Trading Up 0.3%

Shares of Citigroup stock opened at $127.97 on Friday. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.99 and a quick ratio of 1.00. Citigroup Inc. has a 1 year low of $67.89 and a 1 year high of $135.29. The company has a market capitalization of $219.46 billion, a P/E ratio of 15.86, a P/E/G ratio of 0.57 and a beta of 1.11. The business has a 50 day moving average price of $117.01 and a 200 day moving average price of $112.16.

Citigroup (NYSE:C) last issued its quarterly earnings data on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.43. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The firm had revenue of $24.63 billion during the quarter, compared to the consensus estimate of $22.96 billion. During the same period in the previous year, the firm posted $1.96 EPS. The company’s quarterly revenue was up 14.1% compared to the same quarter last year. Sell-side analysts anticipate that Citigroup Inc. will post 10.66 EPS for the current fiscal year.

Citigroup Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 4th will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Monday, May 4th. Citigroup’s payout ratio is currently 29.74%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on C. Oppenheimer boosted their price target on Citigroup from $132.00 to $144.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 15th. Keefe, Bruyette & Woods boosted their price target on Citigroup from $131.00 to $140.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 15th. Truist Financial boosted their price target on Citigroup from $133.00 to $139.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. UBS Group reissued a “neutral” rating and set a $132.00 price target on shares of Citigroup in a research note on Thursday, January 15th. Finally, The Goldman Sachs Group boosted their price target on Citigroup from $137.00 to $151.00 and gave the stock a “buy” rating in a research note on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Citigroup presently has a consensus rating of “Moderate Buy” and an average price target of $136.32.

Insider Activity at Citigroup

In related 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 transaction of $4,796,088.57. Following the completion of the transaction, the insider directly owned 45,835 shares in the company, valued at $5,091,810.15. The trade was a 48.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Edward Skyler sold 25,000 shares of Citigroup stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $131.41, for a total value of $3,285,250.00. Following the transaction, the insider owned 182,022 shares of the company’s stock, valued at $23,919,511.02. This represents a 12.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 92,318 shares of company stock valued at $10,764,814 over the last 90 days. Insiders own 0.11% of the company’s stock.

Citigroup 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.