Cambria Investment Management L.P. Makes New $1.02 Million Investment in Citigroup Inc. $C

Cambria Investment Management L.P. purchased a new stake in shares of Citigroup Inc. (NYSE:C) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,034 shares of the company’s stock, valued at approximately $1,018,000.

Several other large investors have also recently modified their holdings of C. Brookstone Capital Management raised its stake in shares of Citigroup by 31.5% during the third quarter. Brookstone Capital Management now owns 75,914 shares of the company’s stock valued at $7,705,000 after acquiring an additional 18,176 shares during the last quarter. Permanent Capital Management LP bought a new stake in shares of Citigroup in the third quarter worth about $1,238,000. Donaldson Capital Management LLC purchased a new position in Citigroup during the 3rd quarter valued at about $58,994,000. Penobscot Investment Management Company Inc. increased its holdings in Citigroup by 61.5% during the 3rd quarter. Penobscot Investment Management Company Inc. now owns 57,033 shares of the company’s stock valued at $5,789,000 after purchasing an additional 21,720 shares during the period. Finally, Perigon Wealth Management LLC raised its position in Citigroup by 27.2% during the 3rd quarter. Perigon Wealth Management LLC now owns 75,566 shares of the company’s stock valued at $7,670,000 after purchasing an additional 16,171 shares during the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Insider Transactions at Citigroup

In other news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were 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 approximately $5,091,810.15. This represents a 48.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.08% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on C. TD Cowen reiterated a “hold” rating on shares of Citigroup in a report on Wednesday, January 7th. Oppenheimer upped their target price on Citigroup from $141.00 to $144.00 and gave the company an “outperform” rating in a report on Thursday, January 15th. Piper Sandler set a $135.00 price target on Citigroup in a research note on Thursday, January 15th. Wells Fargo & Company set a $150.00 price target on shares of Citigroup in a report on Monday, January 5th. Finally, Zacks Research downgraded shares of Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.25.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi could benefit if regulators ease capital requirements — the Fed’s proposal to relax some capital rules would improve return-on-equity and capital flexibility across big banks, supporting bank stocks including C. Fed proposes easing capital rules for major banks
• Positive Sentiment: Analyst/media pieces are highlighting Citigroup as a bank that can “thrive” in a choppy market — favorable coverage can attract buyers and support multiple expansion. Citigroup and 5 More Bank Stocks Set to Thrive in a Choppy Market
• Positive Sentiment: Citi’s own research activity (e.g., initiating coverage with upbeat ratings) signals ongoing franchise strength in institutional research/trading, which can support fee revenue and client flows. Citigroup initiates coverage on this electric vehicle manufacturer with a rare buy rating
• Neutral Sentiment: Citi’s research desk is recalibrating crypto outlooks (lower 12‑month crypto targets and trims across crypto stocks) — a prudent risk-management stance that could reduce trading volatility but also signals caution around crypto exposure. Citigroup quietly trims most crypto stocks, except one surprise pick
• Neutral Sentiment: Citi macro calls (e.g., predicting Brent crude at $110–$120/bbl) add market context — higher oil can pressure inflation and rates, which has mixed implications for bank earnings and trading revenue. Citi sees Brent rising to $110–120/bbl in the coming days
• Negative Sentiment: Executive turnover — reports that CFO Mark Mason plans to leave by year‑end create short‑term governance/transition uncertainty; investors often discount banks around senior leadership changes. Citi’s Mason plans to leave by year’s end, gunning for a CEO role – report
• Negative Sentiment: Macro headwinds persist — the Fed’s pause but “higher-for-longer” inflation messaging keeps pressure on near-term loan growth and trading; analysts flagged banks sliding after the Fed update, which could cap upside for C. Fed Keeps Rates Steady Amid Rising Inflation: What it Means for Banks

Citigroup Trading Up 1.1%

NYSE C opened at $109.85 on Friday. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $125.16. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.63. The stock’s fifty day moving average price is $113.57 and its 200-day moving average price is $107.40. The stock has a market cap of $192.17 billion, a P/E ratio of 15.76, a P/E/G ratio of 0.69 and a beta of 1.17.

Citigroup (NYSE:C) last posted its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) 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%.Citigroup’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.34 EPS. As a group, equities analysts forecast that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 2nd were issued a $0.60 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a $2.40 annualized dividend and a yield of 2.2%. Citigroup’s payout ratio is 34.43%.

About Citigroup

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.