Connective Portfolio Management LLC Has $1.54 Million Stock Position in Citigroup Inc. $C

Connective Portfolio Management LLC cut its holdings in shares of Citigroup Inc. (NYSE:C) by 43.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,185 shares of the company’s stock after selling 10,000 shares during the period. Citigroup accounts for approximately 2.8% of Connective Portfolio Management LLC’s holdings, making the stock its 14th biggest holding. Connective Portfolio Management LLC’s holdings in Citigroup were worth $1,539,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Wolff Wiese Magana LLC raised its stake in shares of Citigroup by 87.6% during the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock worth $26,000 after buying an additional 120 shares during the last quarter. Dunhill Financial LLC boosted its stake in Citigroup by 92.2% in the third quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock valued at $32,000 after acquiring an additional 153 shares during the last quarter. Guerra Advisors Inc acquired a new stake in Citigroup during the 3rd quarter worth $33,000. Howard Hughes Medical Institute bought a new stake in shares of Citigroup during the 2nd quarter valued at $34,000. Finally, Capital A Wealth Management LLC bought a new stake in shares of Citigroup during the 2nd quarter valued at $38,000. Institutional investors own 71.72% of the company’s stock.

Citigroup Stock Performance

Shares of Citigroup stock opened at $114.47 on Thursday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $200.24 billion, a price-to-earnings ratio of 16.42, a price-to-earnings-growth ratio of 0.73 and a beta of 1.17. The stock’s 50-day moving average is $113.21 and its 200-day moving average is $107.94. Citigroup Inc. has a one year low of $55.51 and a one year high of $125.16.

Citigroup (NYSE:C) last posted its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.65 by $0.16. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The business had revenue of $19.87 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same period last year, the company earned $1.34 earnings per share. Citigroup’s quarterly revenue was up 2.1% on a year-over-year basis. Equities analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is currently 34.43%.

Insider Activity

In other 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 value of $4,796,088.57. Following the sale, the insider directly owned 45,835 shares in the company, valued at $5,091,810.15. This trade represents a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.08% of the stock is owned by company insiders.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: BlackRock ETF mandate and bond issuance activity — Citi was named by BlackRock to provide middle‑office support related to large ETF flows, and the bank completed/announced multiple USD and RMB bond offerings. Investors are treating the BlackRock mandate as incremental fee revenue and the bond deals as evidence of active capital-markets flow generation, helping drive upside in the stock. Citigroup (C) Is Up 5.6% After BlackRock ETF Mandate And Bond Issuances – Has The Bull Case Changed?
• Positive Sentiment: Citibank redeems 2026 notes — Citibank announced full redemptions of $2.0B of 5.438% fixed‑rate notes and $1.0B of floating‑rate notes due 2026. Removing near‑term high‑coupon debt can be seen as credit housekeeping and reduces refinancing risk ahead of earnings, which likely reassured bond and equity investors. Citibank Announces $2 Billion Redemption of 5.438% Notes Due 2026 and $1 Billion Redemption of Floating Rate Notes Due 2026
• Neutral Sentiment: Management hires in infrastructure financing — Citi named two co‑heads for its Infrastructure Financing & Capital Solutions Group, signaling a continued emphasis on large‑ticket infrastructure deals but with limited immediate P&L visibility. This is strategically positive long term but neutral for near‑term earnings. Citi appoints two new co-chiefs for infrastructure financing division
• Neutral Sentiment: Market positioning ahead of earnings — Analysts and outlets are flagging Citi’s upcoming Q1 report in April; some of the stock move reflects positioning ahead of that release and reaction to recent trading volumes and macro headlines rather than a single earnings catalyst. What You Need To Know Ahead of Citigroup’s Earnings Release
• Neutral Sentiment: Macro/sector noise — Coverage of energy-market volatility and broader macro headlines (oil spikes, geopolitics) is influencing bank and market‑making flows; MarketBeat referenced a Citi oil-price scenario in its energy piece, which can indirectly affect trading revenue expectations but is not a direct corporate action. Energy Stocks Surge on Oil Spike: Buy, Hold, or Take Profits? (C)

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Truist Financial raised their price target on Citigroup from $123.00 to $129.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. HSBC reissued a “buy” rating and issued a $87.00 target price on shares of Citigroup in a research note on Wednesday, January 7th. Morgan Stanley set a $152.00 target price on Citigroup in a research report on Tuesday, February 17th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $121.00 price target on shares of Citigroup in a research note on Thursday, January 15th. Finally, The Goldman Sachs Group increased their price target on shares of Citigroup from $113.00 to $127.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Fourteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, Citigroup currently has an average rating of “Moderate Buy” and a consensus target price of $127.25.

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.