Avity Investment Management Inc. Purchases New Shares in Citigroup Inc. $C

Avity Investment Management Inc. purchased a new position in Citigroup Inc. (NYSE:C) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 8,920 shares of the company’s stock, valued at approximately $1,041,000.

A number of other hedge funds also recently added to or reduced their stakes in C. Wolff Wiese Magana LLC increased its holdings in shares of 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 purchasing an additional 120 shares during the period. Dunhill Financial LLC boosted its stake in shares of Citigroup by 92.2% during the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock worth $32,000 after acquiring an additional 153 shares during the period. Guerra Advisors Inc bought a new stake in Citigroup in the third quarter valued at approximately $33,000. GoalVest Advisory LLC grew its position in Citigroup by 57.2% in the 4th quarter. GoalVest Advisory LLC now owns 393 shares of the company’s stock valued at $46,000 after purchasing an additional 143 shares during the period. Finally, Cloud Capital Management LLC purchased a new stake in shares of Citigroup during the third quarter valued at approximately $40,000. 71.72% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

C has been the subject of several research reports. Piper Sandler set a $135.00 target price on Citigroup in a research report on Thursday, January 15th. Oppenheimer reduced their price objective on shares of Citigroup from $144.00 to $132.00 and set an “outperform” rating on the stock in a research report on Friday. Keefe, Bruyette & Woods lifted their price target on Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a report on Wednesday, December 17th. UBS Group reissued a “neutral” rating and set a $132.00 price objective on shares of Citigroup in a report on Thursday, January 15th. Finally, Morgan Stanley set a $152.00 price target on Citigroup in a research report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Citigroup currently has a consensus rating of “Moderate Buy” and a consensus target price of $127.00.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi’s push into London bullion custody and clearing is a strategic growth move that diversifies fee revenue and positions the bank in a recovering gold market; this expansion can lift non‑interest income over time. Read More.
• Positive Sentiment: Recent analyst actions are supportive: Jefferies initiated coverage with a buy/strong‑buy and Jefferies/Oppenheimer maintain above‑market targets ($135 and $132 noted), which can provide a floor for longer‑term investor demand. Read More. and Read More.
• Neutral Sentiment: Management/headcount moves in Asia (senior banker departures) are being reported; such changes can create short‑term noise but are not yet tied to Citi’s core U.S. earnings outlook. Read More.
• Neutral Sentiment: Citi commentary on payments, stablecoins and digital initiatives signals ongoing strategic investments in fee businesses; these are long‑lead revenue drivers rather than immediate EPS catalysts. Read More.
• Negative Sentiment: Bloomberg reported Citi is weighing a purchase of a large U.S. regional bank or brokerage — a high‑profile M&A rumor that triggered selling due to uncertainty over cost, regulatory scrutiny and potential execution risk. Citi later called the report “baseless speculation,” but the initial leak moved the tape. Read More. and Read More.
• Negative Sentiment: Broad weakness in financials amplified Citigroup’s decline today; the NYSE financial index dropped and traders rotated out of banking names on the headlines, increasing downside pressure. Read More.

Insiders Place Their Bets

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the firm’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 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. This trade represents a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.08% of the company’s stock.

Citigroup Stock Down 4.5%

NYSE C opened at $107.40 on Friday. The business has a 50 day moving average price of $112.90 and a two-hundred day moving average price of $108.05. The stock has a market cap of $187.87 billion, a PE ratio of 15.41, a P/E/G ratio of 0.72 and a beta of 1.17. Citigroup Inc. has a fifty-two week low of $55.51 and a fifty-two 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 released its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.16. The company had revenue of $19.87 billion during the quarter, compared to the consensus estimate of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The company’s revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.34 EPS. As a group, sell-side analysts predict that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 2nd were paid a $0.60 dividend. The ex-dividend date of this dividend 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 (DPR) is currently 34.43%.

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.