Allworth Financial LP Has $6.56 Million Stake in Citigroup Inc. $C

Allworth Financial LP boosted its holdings in Citigroup Inc. (NYSE:C) by 10.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 64,622 shares of the company’s stock after purchasing an additional 5,921 shares during the quarter. Allworth Financial LP’s holdings in Citigroup were worth $6,559,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Wolff Wiese Magana LLC lifted its position in Citigroup by 87.6% in the 3rd quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock valued at $26,000 after acquiring an additional 120 shares in the last quarter. Dunhill Financial LLC grew its position in Citigroup by 92.2% in the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock worth $32,000 after purchasing an additional 153 shares in the last quarter. Guerra Advisors Inc purchased a new stake in Citigroup in the 3rd quarter valued at about $33,000. Howard Hughes Medical Institute bought a new position in shares of Citigroup during the 2nd quarter worth approximately $34,000. Finally, Capital A Wealth Management LLC purchased a new position in shares of Citigroup in the 2nd quarter worth approximately $38,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Insider Buying and Selling

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the firm’s stock in a transaction 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 owned 45,835 shares of the company’s stock, valued at approximately $5,091,810.15. This trade represents a 48.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on C shares. Truist Financial lifted their price target on Citigroup from $123.00 to $129.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Royal Bank Of Canada reissued an “outperform” rating and issued a $121.00 price target on shares of Citigroup in a report on Thursday, January 15th. Oppenheimer raised their price objective on shares of Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. JPMorgan Chase & Co. boosted their target price on shares of Citigroup from $130.00 to $134.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Finally, TD Cowen restated a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. Fourteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $127.25.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Senate/industry chatter suggests a tentative deal between banking and crypto groups could be announced, potentially clearing the path for the long-stalled CLARITY Act. Regulatory clarity on crypto could unlock custody, trading and advisory opportunities for large banks that are building crypto businesses, a potential upside for Citigroup’s institutional franchises. CNBC Teases Deal Between Banks And Crypto For Long-Awaited Market Structure Bill
• Positive Sentiment: The Federal Reserve has proposed easing certain capital rules for major banks under the Basel III Endgame framework. Reduced capital burdens or more flexible requirements could improve return-on-equity and dividend/buyback capacity for large banks including Citigroup. Fed proposes easing capital rules for major banks
• Positive Sentiment: Analyst commentary: Barron’s included Citigroup among several banks that could thrive in a choppy market, highlighting relative value in the sector — a supportive narrative for longer-term investor interest in C. Citigroup and 5 More Bank Stocks Set to Thrive in a Choppy Market
• Neutral Sentiment: Citi’s research desk is active — the bank recently initiated coverage on an electric-vehicle manufacturer with a rare buy rating. This showcases Citi’s advisory/research strengths that can support investment-banking fees, but is not an immediate earnings driver for the bank itself. Citigroup initiates coverage on this electric vehicle manufacturer with a rare buy rating
• Neutral Sentiment: Citigroup analysts trimmed price targets on several crypto-related stocks while keeping a surprise pick; reflects a cautious institutional view on crypto asset prices (affects research credibility and client flows but not direct bank P&L immediately). Citigroup quietly trims most crypto stocks, except one surprise pick
• Negative Sentiment: The Fed’s decision to hold rates while signaling higher-for-longer inflation has pressured bank stocks broadly (near-term hit to trading and credit dynamics). That macro backdrop can weigh on Citigroup’s quarterly revenue mix and investor sentiment. Fed Keeps Rates Steady Amid Rising Inflation: What it Means for Banks
• Negative Sentiment: Leadership news: a report says Citi executive Mason plans to leave by year-end while pursuing a CEO role elsewhere — any senior departures can create short-term uncertainty on strategy and succession until clarity emerges. Citi’s Mason plans to leave by year’s end, gunning for a CEO role – report

Citigroup Stock Performance

Shares of C stock opened at $109.46 on Friday. The firm has a market capitalization of $191.47 billion, a price-to-earnings ratio of 15.70, a PEG ratio of 0.70 and a beta of 1.17. The stock has a fifty day moving average of $113.33 and a 200 day moving average of $107.49. Citigroup Inc. has a 52 week low of $55.51 and a 52 week 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.

Citigroup (NYSE:C) last issued its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $20.99 billion. During the same period in the previous year, the firm earned $1.34 EPS. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. As a group, research analysts expect that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Announces Dividend

The company also recently disclosed 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 was Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.2%. Citigroup’s dividend payout ratio is 34.43%.

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.