DSG Capital Advisors LLC Buys 4,266 Shares of Citigroup Inc. $C

DSG Capital Advisors LLC lifted its stake in Citigroup Inc. (NYSE:C) by 4.7% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 95,448 shares of the company’s stock after acquiring an additional 4,266 shares during the period. Citigroup accounts for about 1.7% of DSG Capital Advisors LLC’s investment portfolio, making the stock its 19th largest position. DSG Capital Advisors LLC’s holdings in Citigroup were worth $11,211,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Richards Merrill & Peterson Inc. bought a new position in shares of Citigroup in the 4th quarter valued at approximately $28,000. 55 North Private Wealth LLC bought a new position in shares of Citigroup in the 4th quarter valued at approximately $593,000. Davidson Trust Co. raised its stake in shares of Citigroup by 4.2% in the 4th quarter. Davidson Trust Co. now owns 3,858 shares of the company’s stock valued at $450,000 after acquiring an additional 157 shares in the last quarter. TD Waterhouse Canada Inc. raised its stake in shares of Citigroup by 4.2% in the 4th quarter. TD Waterhouse Canada Inc. now owns 672,307 shares of the company’s stock valued at $78,445,000 after acquiring an additional 27,121 shares in the last quarter. Finally, Tred Avon Family Wealth LLC raised its stake in shares of Citigroup by 71.8% in the 4th quarter. Tred Avon Family Wealth LLC now owns 3,584 shares of the company’s stock valued at $418,000 after acquiring an additional 1,498 shares in the last quarter. 71.72% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts have commented on C shares. Wolfe Research reaffirmed an “outperform” rating and issued a $141.00 price target on shares of Citigroup in a research report on Wednesday, January 7th. The Goldman Sachs Group lifted their price target on Citigroup from $137.00 to $151.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. HSBC reaffirmed a “buy” rating and issued a $87.00 price target on shares of Citigroup in a research report on Wednesday, January 7th. Oppenheimer lifted their price target on Citigroup from $132.00 to $144.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 15th. Finally, Truist Financial lifted their price target on Citigroup from $133.00 to $139.00 and gave the stock a “buy” rating in a research report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $135.94.

Citigroup Stock Performance

Shares of NYSE C opened at $132.93 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 0.99 and a debt-to-equity ratio of 1.59. The business’s 50 day moving average is $114.75 and its two-hundred day moving average is $110.57. The company has a market cap of $227.97 billion, a P/E ratio of 16.47, a P/E/G ratio of 0.60 and a beta of 1.11. Citigroup Inc. has a 12 month low of $61.95 and a 12 month high of $133.57.

Citigroup (NYSE:C) last released 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. The business had revenue of $24.63 billion for the quarter, compared to analysts’ expectations of $22.96 billion. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.Citigroup’s quarterly revenue was up 14.1% on a year-over-year basis. During the same period in the previous year, the business posted $1.96 earnings per share. On average, equities analysts expect that Citigroup Inc. will post 10.49 EPS for the current year.

Citigroup Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Monday, May 4th will be given 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 dividend yield of 1.8%. Citigroup’s payout ratio is currently 29.74%.

Insider Activity

In other news, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction that occurred 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 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.11% of the company’s stock.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: RBC Capital raised its price target to $139 (from $121) and reiterated an Outperform rating after Citigroup’s fiscal Q1 beat—this is a direct analyst endorsement that supports near-term upside and valuation rerating. Why Citigroup Inc. (C) is One of the Best Cheap Stocks for Beginners to Invest in
• Positive Sentiment: Zacks highlighted Citigroup among top stock picks driving gains in the recent market rally, reinforcing positive analyst attention and investor momentum. Take the Zacks Approach to Beat the Markets: Citigroup, Seanergy, PepsiCo in Focus
• Positive Sentiment: Citi and AT&T refreshed the AT&T Points Plus Card offering—product partnerships and card enhancements can support fee and interchange revenue over time and signal the bank’s retail engagement initiatives. AT&T and Citi Enhance the AT&T Points Plus Card
• Neutral Sentiment: Citi research says oil could hit $110 if Strait of Hormuz disruptions persist—a macro call that could lift energy names and inflation expectations; this is market-moving analysis from Citi but not a corporate operational update. Citi Sees Oil at $110 If Hormuz Disruption Lasts Another Month
• Neutral Sentiment: Citi noted a drop in planned UK bond sales may limit a political-risk-driven selloff—another piece of firm research that informs fixed-income markets but is only an indirect input to Citigroup’s own shares. Drop in UK Bond Sales to Limit Political Risk Selloff, Citi Says
• Neutral Sentiment: Reference listing for a Citigroup DL-FLR note is informational about the firm’s debt instruments—relevant for bondholders but typically neutral for the equity unless new issuance or refinancing impacts capital. Citigroup Inc.DL-FLR Notes 2020(20/31) Bond

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.