Douglas Lane & Associates LLC Sells 57,074 Shares of Citigroup Inc. $C

Douglas Lane & Associates LLC cut its stake in Citigroup Inc. (NYSE:C) by 11.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 462,756 shares of the company’s stock after selling 57,074 shares during the quarter. Douglas Lane & Associates LLC’s holdings in Citigroup were worth $53,999,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of C. Wolff Wiese Magana LLC grew its stake in shares of Citigroup by 87.6% in the third 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 stake in shares of 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 in the last quarter. Guerra Advisors Inc acquired a new position in shares of Citigroup in the third quarter valued at about $33,000. MH & Associates Securities Management Corp ADV acquired a new position in shares of Citigroup in the fourth quarter valued at about $35,000. Finally, Maseco LLP acquired a new position in shares of Citigroup in the fourth quarter valued at about $35,000. 71.72% of the stock is owned by institutional investors.

Citigroup Trading Up 1.3%

NYSE C opened at $125.04 on Friday. The stock has a market capitalization of $214.44 billion, a price-to-earnings ratio of 17.94, a PEG ratio of 0.64 and a beta of 1.11. Citigroup Inc. has a one year low of $59.08 and a one year high of $125.48. 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 business’s fifty day moving average is $113.21 and its 200-day moving average is $109.09.

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

Citigroup Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 4th will be paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Monday, May 4th. Citigroup’s payout ratio is currently 34.43%.

Analyst Upgrades and Downgrades

Several research firms recently commented on C. Barclays upped their price target on shares of Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. TD Cowen reiterated a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. HSBC reiterated a “buy” rating and set a $87.00 price objective on shares of Citigroup in a research note on Wednesday, January 7th. JPMorgan Chase & Co. dropped their target price on shares of Citigroup from $134.00 to $131.00 and set an “overweight” rating for the company in a report on Tuesday. Finally, Keefe, Bruyette & Woods increased their target price on shares of Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Citigroup has a consensus rating of “Moderate Buy” and a consensus target price of $127.41.

Insider Transactions at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was 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 approximately $5,091,810.15. The trade was a 48.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.08% of the company’s stock.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Goldman Sachs raised its price target on Citigroup to $137, keeping a Buy rating — a near‑term catalyst that supports further upside as investors reassess analyst valuations ahead of earnings. Goldman Sachs Raises Citigroup (C) Target Ahead of Q1 Banking Readout
• Positive Sentiment: Citi says AI is materially speeding account openings and lowering legacy‑systems friction — management highlighted time savings (about one hour on onboarding) and automation of initial processes, which should reduce costs and improve client acquisition. Citi AI Cuts Account Opening Times by 1 Hour
• Positive Sentiment: Citigroup research projects U.S. ETF assets under management could more than double to $25 trillion by 2030 — a long‑run tailwind for trading, custody and wealth management fee pools that benefits Citi’s markets and asset‑servicing franchises. US ETF assets under management to more than double to $25 trillion by 2030, Citigroup says
• Positive Sentiment: Corporate lending activity: Axis Capital extended a $300M credit facility with Citibank Europe, underscoring Citi’s ongoing role as a large corporate lender in global markets. Axis Capital (AXS) Extends $300 Million Credit Facility With Citibank Europe
• Neutral Sentiment: Wall Street is revising Q1 estimates ahead of Citigroup’s April 14 earnings — analysts are updating EPS/revenue forecasts, making the print the next key volatility driver rather than a directional cue today. Citigroup Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts
• Neutral Sentiment: Zacks lays out Wall Street expectations and key metrics for Citi’s upcoming quarter — helpful context but not an immediate price mover until the company reports results. Insights Into Citigroup (C) Q1: Wall Street Projections for Key Metrics
• Negative Sentiment: Valuation and momentum risk — several pieces note Citigroup’s large multi‑year run, and some market commentary asks whether upside is already priced in; that raises the risk of profit‑taking if Q1 or guidance disappoints. Is It Too Late To Consider Citigroup (C) After Its Strong Multi Year Share Price Run

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.