Elevation Point Wealth Partners LLC Has $913,000 Position in Citigroup Inc. $C

Elevation Point Wealth Partners LLC decreased its position in shares of Citigroup Inc. (NYSE:C) by 79.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,991 shares of the company’s stock after selling 34,648 shares during the period. Elevation Point Wealth Partners LLC’s holdings in Citigroup were worth $913,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Wolff Wiese Magana LLC boosted 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 in the last quarter. Dunhill Financial LLC increased its stake in shares of Citigroup by 92.2% in the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock valued at $32,000 after purchasing an additional 153 shares during the last quarter. Guerra Advisors Inc acquired a new position in shares of Citigroup during the 3rd quarter worth $33,000. Howard Hughes Medical Institute bought a new stake in shares of Citigroup during the 2nd quarter worth $34,000. Finally, Capital A Wealth Management LLC bought a new stake in shares of Citigroup during the 2nd quarter worth $38,000. 71.72% of the stock is owned by institutional investors.

Citigroup Price Performance

Citigroup stock opened at $107.26 on Tuesday. The stock has a 50-day moving average price of $114.34 and a two-hundred day moving average price of $107.29. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $125.16. The company has a market capitalization of $187.62 billion, a PE ratio of 15.39, a P/E/G ratio of 0.68 and a beta of 1.17. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.63.

Citigroup (NYSE:C) last released its quarterly 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. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The company had revenue of $19.87 billion for the quarter, compared to analysts’ expectations of $20.99 billion. During the same period in the previous year, the business posted $1.34 earnings per share. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. Analysts expect that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 2nd were 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 of this dividend was Monday, February 2nd. Citigroup’s payout ratio is presently 34.43%.

Insiders Place Their Bets

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the company’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 value of $4,796,088.57. Following the completion of the transaction, the insider directly owned 45,835 shares in the company, valued at approximately $5,091,810.15. This represents a 48.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.08% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have issued reports on C. Wells Fargo & Company set a $150.00 target price on Citigroup in a research report on Monday, January 5th. HSBC reissued a “buy” rating and issued a $87.00 target price on shares of Citigroup in a report on Wednesday, January 7th. Truist Financial lifted their price target on shares of Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Oppenheimer upped their price objective on shares of Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a research report on Thursday, January 15th. Finally, Wolfe Research reissued an “outperform” rating and issued a $141.00 price objective on shares of Citigroup in a research note on Wednesday, January 7th. Fourteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $127.25.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Wall Street remains broadly constructive: multiple recent buy/overweight ratings and elevated price targets (median ~$130.5) support upside expectations for Citigroup, providing analyst-driven demand for the shares. QuiverQuant Citigroup coverage
• Positive Sentiment: Broader financial stocks are showing premarket strength and media attention (CNBC mentions), which can lift bank peers like Citigroup via sector flows and ETF buying. This market tailwind helps explain upward momentum in C. Sector Update: Financial Stocks Advance
• Neutral Sentiment: Citigroup has publicly denied reports of physical damage to its Middle East offices — a clarification that reduces panic risk but does not remove broader geopolitical uncertainty for regional operations. Citigroup denies damage to Middle East offices
• Negative Sentiment: Operational disruption risk: Citigroup will keep most UAE branches closed indefinitely amid the Iran conflict, which could depress local revenues, increase operational costs, and pressure investor sentiment while the situation persists. Citi to keep most UAE branches closed indefinitely
• Negative Sentiment: Geopolitical macro risk and portfolio moves: Citi Research has flagged Middle East war risks that could hit growth in markets like India, and third‑party monitoring shows notable insider selling and large institutional rebalancings — factors that can weigh on sentiment and create near‑term supply pressure on the stock. QuiverQuant: opinions and insider/institutional activity

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.