Gunderson Capital Management Inc. Acquires New Holdings in Citigroup Inc. $C

Gunderson Capital Management Inc. bought a new position in shares of Citigroup Inc. (NYSE:C) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 61,405 shares of the company’s stock, valued at approximately $7,165,000. Citigroup accounts for approximately 3.2% of Gunderson Capital Management Inc.’s holdings, making the stock its 17th largest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Capital World Investors raised its stake in shares of Citigroup by 6.5% during the third quarter. Capital World Investors now owns 47,262,626 shares of the company’s stock valued at $4,797,292,000 after acquiring an additional 2,871,074 shares during the last quarter. Fisher Asset Management LLC grew its stake in shares of Citigroup by 2.7% in the third quarter. Fisher Asset Management LLC now owns 33,040,513 shares of the company’s stock worth $3,353,612,000 after purchasing an additional 879,056 shares during the last quarter. Franklin Resources Inc. grew its stake in shares of Citigroup by 1.8% in the third quarter. Franklin Resources Inc. now owns 32,870,559 shares of the company’s stock worth $3,336,362,000 after purchasing an additional 580,027 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in 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 valued at $2,854,788,000 after purchasing an additional 4,211,099 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in Citigroup by 3.7% in the second quarter. Ameriprise Financial Inc. now owns 15,176,320 shares of the company’s stock valued at $1,292,923,000 after purchasing an additional 535,950 shares during the period. 71.72% of the stock is owned by institutional investors.

Citigroup Stock Up 5.7%

Citigroup stock opened at $113.36 on Wednesday. The company has a market capitalization of $198.31 billion, a PE ratio of 16.26, a PEG ratio of 0.69 and a beta of 1.17. Citigroup Inc. has a 12-month low of $55.51 and a 12-month high of $125.16. The firm’s fifty day moving average is $112.68 and its 200 day moving average is $108.36. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.63.

Citigroup (NYSE:C) last posted its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.16. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The firm had revenue of $19.87 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same period in the previous year, the firm posted $1.34 earnings per share. The business’s revenue was up 2.1% compared to the same quarter last year. As a group, sell-side analysts predict that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 2nd were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Monday, February 2nd. Citigroup’s payout ratio is presently 34.43%.

Insider Buying and Selling

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the company’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 transaction, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.08% of the stock is owned by insiders.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Market rumors that Citigroup was weighing a U.S. regional‑bank acquisition sparked a selloff but the bank publicly called the reports baseless; the denial and management’s reaffirmation of its organic‑growth strategy helped calm buyers and likely contributed to the rebound in the share price. QuiverQuant: Citigroup Stock Opinions
• Positive Sentiment: Analyst coverage remains constructive overall: the consensus of recent analyst notes shows multiple buy/overweight ratings and a median 12‑month target near ~$131, providing a supportive research backdrop even as price targets are being adjusted. (This helps explain why dips have found buyers.) QuiverQuant: Analyst & target summary
• Neutral Sentiment: Press reports note management is exploring next strategic moves under CEO Jane Fraser — including speculative interest in regional deals — which could be growth‑positive long term but would bring execution and regulatory risk if pursued. The Star: Citigroup eyes regional bank deal
• Neutral Sentiment: Small, technical disclosure: Citigroup group entities ceased to be substantial holders in Australia’s Mayne Pharma — a housekeeping/regulatory filing with negligible operational impact on Citi. TipRanks: Substantial holder notice
• Negative Sentiment: Insider selling (multiple exec sales reported) and large institutional reductions disclosed in recent filings are a cautionary signal for some investors—these disclosures have been highlighted in market commentary and can amplify short‑term downside on weak news. QuiverQuant: Insider & institutional activity
• Negative Sentiment: Oppenheimer trimmed its price target for Citigroup to $132 — a modest downtick that may temper upside for some investors and feed short‑term headlines, though the new target remains within the range of street estimates. AmericanBankingNews: Oppenheimer cuts target

Analyst Ratings Changes

Several brokerages have commented on C. Piper Sandler set a $135.00 target price on Citigroup in a report on Thursday, January 15th. Oppenheimer decreased their price target on Citigroup from $144.00 to $132.00 and set an “outperform” rating for the company in a research note on Friday, March 27th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $121.00 price objective on shares of Citigroup in a research note on Thursday, January 15th. Wells Fargo & Company set a $150.00 target price on Citigroup in a report on Monday, January 5th. Finally, TD Cowen reissued a “hold” rating 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 given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Citigroup presently has an average rating of “Moderate Buy” and a consensus target price of $127.00.

Citigroup 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.