Annex Advisory Services LLC Invests $3.79 Million in Citigroup Inc. $C

Annex Advisory Services LLC acquired a new position in Citigroup Inc. (NYSE:C) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 32,467 shares of the company’s stock, valued at approximately $3,789,000.

Other hedge funds have also recently made changes to their positions in the company. Bank of New York Mellon Corp lifted its position in shares of Citigroup by 17.6% in the third quarter. Bank of New York Mellon Corp now owns 28,125,995 shares of the company’s stock worth $2,854,788,000 after buying an additional 4,211,099 shares in the last quarter. Capital World Investors lifted its position in shares of Citigroup by 6.5% in the third quarter. Capital World Investors now owns 47,262,626 shares of the company’s stock worth $4,797,292,000 after buying an additional 2,871,074 shares in the last quarter. Bessemer Group Inc. lifted its position in shares of Citigroup by 6,172.0% in the third quarter. Bessemer Group Inc. now owns 2,904,795 shares of the company’s stock worth $294,838,000 after buying an additional 2,858,481 shares in the last quarter. SG Americas Securities LLC lifted its position in shares of Citigroup by 291.4% in the fourth quarter. SG Americas Securities LLC now owns 1,319,549 shares of the company’s stock worth $153,978,000 after buying an additional 2,008,946 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its position in shares of Citigroup by 52.1% in the third quarter. Alliancebernstein L.P. now owns 5,304,324 shares of the company’s stock worth $538,389,000 after buying an additional 1,816,786 shares in the last quarter. Institutional investors own 71.72% of the company’s stock.

Insider Transactions at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the business’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 in the company, valued at $5,091,810.15. The trade was a 48.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.11% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on C shares. Piper Sandler set a $135.00 target price on Citigroup in a research report on Thursday, January 15th. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a research report on Wednesday, January 21st. Keefe, Bruyette & Woods upped their price objective on Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a research report on Wednesday, December 17th. Wells Fargo & Company set a $150.00 price objective on Citigroup in a research report on Monday, January 5th. Finally, Wolfe Research restated an “outperform” rating and set a $141.00 price objective on shares of Citigroup in a research report on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $127.41.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Q1 earnings beat — Citi reported EPS $3.06 and revenue $24.63B, driven by higher trading revenue, investment‑banking fees and stronger NII; results and commentary are the primary driver behind the rally. Citigroup Q1 Earnings Top Estimates
• Positive Sentiment: Profit jump / market commentary — Reuters and other outlets highlighted a ~42% jump in Q1 profit as market volatility lifted trading revenue and dealmaking boosted fees, reinforcing investor optimism. Citi profit jumps 42% (Reuters)
• Positive Sentiment: Emerging‑market financing partnership — IFC and Citigroup signed a 1.6 billion rand (~$98M) local‑currency borrowing facility to expand rand financing in South Africa, supporting Citi’s global emerging‑markets franchise. IFC, Citigroup sign rand facility
• Positive Sentiment: Positive market commentary / analyst attention — High‑profile bullish mentions (e.g., Jim Cramer) and Citi strategists’ market calls have reinforced investor sentiment around Citi and the bank group this week. Jim Cramer: People like Citi
• Neutral Sentiment: Regulatory/filing update — Citi issued participation notifications and routine disclosures; these are housekeeping items that don’t materially alter fundamentals but are worth monitoring. Participation notifications (GlobeNewswire)
• Neutral Sentiment: Portfolio moves — Citigroup entities notified an exit from a substantial‑holder position in Weebit Nano (small, isolated portfolio action that is unlikely to affect Citi’s core business). Citigroup exits Weebit position
• Negative Sentiment: Industry NIM pressure & analyst cuts — Several reports note banks face pressure on net interest margins from high funding costs and slowing deposit growth; analysts have trimmed bank earnings/targets, a possible headwind for forward estimates. Bank stocks under pressure on NIM concerns
• Negative Sentiment: Rising wholesale inflation — March PPI hit multi‑year highs, which can push costs and margin volatility across the economy; higher inflation and rates could create headwinds for credit costs, funding and expense growth. March Headline PPI highest in 3 years

Citigroup Price Performance

Shares of C stock opened at $129.68 on Wednesday. The stock has a 50 day moving average price of $113.82 and a 200 day moving average price of $109.68. Citigroup Inc. has a 52-week low of $61.30 and a 52-week high of $130.99. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market capitalization of $222.39 billion, a P/E ratio of 18.61, a P/E/G ratio of 0.65 and a beta of 1.11.

Citigroup (NYSE:C) last posted its quarterly earnings data on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.43. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The company had revenue of $24.63 billion during the quarter, compared to analysts’ expectations of $22.96 billion. During the same quarter in the previous year, the business earned $1.96 EPS. Citigroup’s revenue was up 14.1% compared to the same quarter last year. As a group, sell-side analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Dividend Announcement

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