Citigroup Inc. $C Stock Holdings Lessened by Davidson Investment Advisors

Davidson Investment Advisors cut its holdings in Citigroup Inc. (NYSE:C) by 2.5% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 437,645 shares of the company’s stock after selling 11,260 shares during the period. Citigroup makes up about 1.9% of Davidson Investment Advisors’ portfolio, making the stock its 11th largest holding. Davidson Investment Advisors’ holdings in Citigroup were worth $44,421,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Howard Hughes Medical Institute acquired a new position in Citigroup in the second quarter valued at approximately $34,000. DHJJ Financial Advisors Ltd. lifted its holdings in shares of Citigroup by 157.1% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 414 shares of the company’s stock worth $35,000 after purchasing an additional 253 shares during the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of Citigroup in the 2nd quarter worth approximately $38,000. Capital A Wealth Management LLC acquired a new position in Citigroup during the 2nd quarter valued at approximately $38,000. Finally, Highline Wealth Partners LLC grew its stake in Citigroup by 35.3% during the 3rd quarter. Highline Wealth Partners LLC now owns 418 shares of the company’s stock worth $42,000 after buying an additional 109 shares during the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Key Stores Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Analyst bullishness — Piper Sandler projects upside for Citigroup shares, citing the bank’s positioning and outlook; analyst commentary is supporting buyer interest. Article Title
• Positive Sentiment: Fundamentals: Citigroup’s latest reported quarter beat consensus (EPS $2.24 vs $1.89 estimate and revenue $22.09B vs $20.92B), which underpins stronger earnings visibility and likely helps lift the stock.
• Positive Sentiment: Underwriting upside — markets are actively pricing the probability that Citigroup could be a lead underwriter for a major potential IPO (SpaceX), which would be a high-fee corporate win if it happens and supports speculative buying. Article Title
• Positive Sentiment: Management tone: Citi strategist Scott Chronert publicly framing current markets as a “boom” (not a bubble) may boost investor risk appetite toward banks and trading-related revenue. Article Title
• Neutral Sentiment: Sector backdrop: Market commentary suggests financials would benefit if rates ease (sector rotation into value/financial stocks). This macro theme helps bank multiples but depends on Fed moves. Article Title
• Neutral Sentiment: Trade policy noise eased marginally after the U.S. delayed some tariff increases (furniture/cabinets), reducing another source of macro uncertainty — limited direct impact on Citi but supportive for risk assets. Article Title
• Negative Sentiment: Russia exit cost — Citigroup finalized the sale of its remaining Russian unit at a loss. the exit reduces long‑term geopolitical exposure but produced a near-term charge that could weigh on short-term earnings. Article Title

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on C. Oppenheimer cut their target price on Citigroup from $123.00 to $120.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 19th. UBS Group reiterated a “neutral” rating and issued a $108.00 price objective on shares of Citigroup in a research report on Monday, November 24th. Wells Fargo & Company reissued an “overweight” rating on shares of Citigroup in a research note on Wednesday. Keefe, Bruyette & Woods raised their price target on shares of Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a research note on Wednesday, December 17th. Finally, Bank of America lifted their price target on Citigroup from $115.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Thirteen analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Citigroup has a consensus rating of “Moderate Buy” and an average price target of $115.25.

Citigroup Stock Performance

Shares of C opened at $118.61 on Friday. The firm has a market capitalization of $212.22 billion, a PE ratio of 16.66, a P/E/G ratio of 0.46 and a beta of 1.18. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.62. The firm has a 50-day moving average price of $107.04 and a 200 day moving average price of $98.42. Citigroup Inc. has a 52-week low of $55.51 and a 52-week high of $122.84.

Citigroup (NYSE:C) last issued its quarterly earnings results on Tuesday, October 14th. The company reported $2.24 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.35. Citigroup had a net margin of 8.73% and a return on equity of 7.91%. The company had revenue of $22.09 billion during the quarter, compared to analyst estimates of $20.92 billion. During the same period in the prior year, the business posted $1.51 EPS. The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. On average, sell-side analysts anticipate that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Monday, November 3rd were given a dividend of $0.60 per share. The ex-dividend date was Monday, November 3rd. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. Citigroup’s dividend payout ratio (DPR) is 33.71%.

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.