Clearstead Advisors LLC Sells 19,072 Shares of Citigroup Inc. $C

Clearstead Advisors LLC decreased its position in Citigroup Inc. (NYSE:C) by 40.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 28,213 shares of the company’s stock after selling 19,072 shares during the period. Clearstead Advisors LLC’s holdings in Citigroup were worth $2,864,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Marks Group Wealth Management Inc bought a new stake in shares of Citigroup in the third quarter worth about $223,000. Granite Investment Partners LLC grew its position in shares of Citigroup by 3.0% in the 3rd quarter. Granite Investment Partners LLC now owns 38,288 shares of the company’s stock valued at $3,886,000 after purchasing an additional 1,102 shares during the period. Kovitz Investment Group Partners LLC increased its stake in Citigroup by 17.3% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 663,416 shares of the company’s stock worth $67,337,000 after purchasing an additional 98,082 shares in the last quarter. Vestmark Advisory Solutions Inc. increased its stake in Citigroup by 123.9% during the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 20,379 shares of the company’s stock worth $2,068,000 after purchasing an additional 11,278 shares in the last quarter. Finally, Bleakley Financial Group LLC raised its holdings in Citigroup by 10.9% during the 3rd quarter. Bleakley Financial Group LLC now owns 33,774 shares of the company’s stock worth $3,428,000 after buying an additional 3,319 shares during the period. Institutional investors and hedge funds own 71.72% of the company’s stock.

Citigroup Price Performance

Shares of NYSE C opened at $109.57 on Wednesday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 0.99. The business has a 50-day moving average of $116.69 and a 200-day moving average of $105.82. The stock has a market capitalization of $196.05 billion, a price-to-earnings ratio of 15.72, a PEG ratio of 0.71 and a beta of 1.18. Citigroup Inc. has a fifty-two week low of $55.51 and a fifty-two week high of $125.16.

Citigroup (NYSE:C) last issued its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, beating the consensus estimate of $1.65 by $0.16. The firm had revenue of $19.87 billion during 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 quarterly revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.34 earnings per share. As a group, sell-side analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 2nd will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Monday, February 2nd. Citigroup’s payout ratio is presently 34.43%.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup agreed to sell a 24% stake in Banamex for about $2.5 billion, marking another step toward a planned IPO of its Mexican retail unit. The transaction brings near-term cash proceeds, reduces exposure to Mexico prior to an IPO, and signals progress on Citi’s ongoing restructuring program. Citi signs deal to sell 24% equity stake in Banamex (Reuters)
• Positive Sentiment: Multiple reports confirm the Banamex stake sales include institutional/private-equity buyers (including reports naming Blackstone and family offices), reinforcing the view that Citi can monetize the unit at attractive terms and accelerate its separation/IPO timeline. This should support capital flexibility and strategy execution. Citi to sell another stake in Mexico’s Banamex ahead of IPO (FT)
• Neutral Sentiment: Citigroup’s trading desk noted hedge-fund clients sold the U.S. dollar around the Supreme Court tariff ruling — this speaks to client flow volatility and trading revenue variability but is not a direct credit or balance-sheet event for Citi. It may affect short-term trading results. Citigroup’s hedge fund clients sold the dollar around Supreme Court tariff ruling (Yahoo)
• Neutral Sentiment: Citi participated as an anchor investor in an upcoming IPO in India (PNGS Reva), reflecting ongoing investment-banking activity in emerging markets — helps fee pipeline but is routine for the franchise. PNGS Reva IPO: Citigroup, Societe Generale back jeweller in Rs 170 crore anchor round (Economic Times)
• Negative Sentiment: The White House is reportedly weighing an order to require banks to collect citizenship information from new and existing customers. If implemented, this would raise compliance, onboarding friction and operational costs for large banks like Citi and could complicate retail deposit growth and cross‑border customer handling. White House Weighs Requiring Citizenship Checks for Bank Customers (PYMNTS)
• Negative Sentiment: Broader financial-stocks weakness was reported in afternoon trading, which can exacerbate downward pressure on large bank names including Citi even when company-specific headlines are mixed. Sector moves and macro sentiment remain important near-term drivers. Sector Update: Financial Stocks Decline Late Afternoon (Yahoo)

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on C shares. Barclays increased their price objective on shares of Citigroup from $115.00 to $146.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. Wolfe Research reaffirmed an “outperform” rating and issued a $141.00 target price on shares of Citigroup in a research note on Wednesday, January 7th. Royal Bank Of Canada reiterated an “outperform” rating and set a $121.00 target price on shares of Citigroup in a report on Thursday, January 15th. Zacks Research lowered Citigroup from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. Finally, Oppenheimer increased their price objective on Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. Fourteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $127.25.

Insider Transactions at Citigroup

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s stock in a transaction 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 sale, the insider directly owned 45,835 shares of the company’s stock, valued at approximately $5,091,810.15. This represents a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.08% of the company’s stock.

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.