Greenhaven Associates Inc. Sells 16,092,290 Shares of Citigroup Inc. $C

Greenhaven Associates Inc. reduced its position in shares of Citigroup Inc. (NYSE:C) by 99.5% in the third quarter, Holdings Channel reports. The firm owned 83,273 shares of the company’s stock after selling 16,092,290 shares during the period. Citigroup comprises approximately 0.1% of Greenhaven Associates Inc.’s holdings, making the stock its 17th biggest position. Greenhaven Associates Inc.’s holdings in Citigroup were worth $8,452,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in C. Wolff Wiese Magana LLC increased its stake in Citigroup by 87.6% in the 3rd quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock worth $26,000 after acquiring an additional 120 shares during the last quarter. Howard Hughes Medical Institute purchased a new position in shares of Citigroup during the second quarter worth about $34,000. DHJJ Financial Advisors Ltd. increased its position in shares of Citigroup by 157.1% in the second 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 position in shares of Citigroup in the second quarter worth approximately $38,000. Finally, Capital A Wealth Management LLC purchased a new stake in Citigroup in the second quarter valued at approximately $38,000. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Wall Street Analysts Forecast Growth

C has been the subject of a number of research reports. JPMorgan Chase & Co. raised shares of Citigroup from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $107.00 to $124.00 in a research note on Friday, December 12th. UBS Group reaffirmed a “neutral” rating and set a $132.00 price objective on shares of Citigroup in a report on Thursday, January 15th. The Goldman Sachs Group upped their target price on shares of Citigroup from $113.00 to $127.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Bank of America raised their price target on Citigroup from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Finally, Wells Fargo & Company set a $150.00 price target on Citigroup in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Citigroup presently has an average rating of “Moderate Buy” and a consensus target price of $125.56.

Citigroup Stock Up 0.4%

Shares of NYSE:C opened at $115.68 on Friday. The stock has a market capitalization of $206.98 billion, a P/E ratio of 16.60, a price-to-earnings-growth ratio of 0.74 and a beta of 1.18. The stock’s 50-day moving average price is $113.67 and its 200-day moving average price is $103.09. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.63. Citigroup Inc. has a 12-month low of $55.51 and a 12-month high of $124.17.

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

Citigroup Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 2nd will be issued a $0.60 dividend. The ex-dividend date is Monday, February 2nd. This represents a $2.40 annualized dividend and a dividend yield of 2.1%. Citigroup’s dividend payout ratio (DPR) is currently 34.43%.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: U.K. head says M&A and capital‑markets deal pipeline is the strongest in years, implying potential near‑term fee revenue upside for Citigroup’s investment banking franchise. Read More.
• Positive Sentiment: Bloomberg reports Citigroup India is hiring a new commercial‑banking head (Khurana), a hire that could accelerate growth in a high‑growth market and boost corporate lending and transaction banking volumes. Read More.
• Positive Sentiment: Management has reshuffled corporate‑banking leadership to sharpen focus on client coverage and deal execution — a strategic move investors view as supportive of revenue recovery if execution holds. Read More.
• Neutral Sentiment: Analyst and media coverage is spotlighting Citigroup (investor attention rising), and the stock is being compared with peers on 2026 upside — this increases liquidity and trade interest but is informational rather than a direct fundamental catalyst. Read More.
• Negative Sentiment: Reports confirm another round of layoffs in March as part of a 20,000‑job reduction through 2026 — short‑term charges and execution risk on the restructuring raise concerns about morale, client disruption and timing of cost savings versus revenue headwinds. Read More.
• Negative Sentiment: Reputational/legal noise persists after coverage of a former executive’s lawsuit and criticism of industry practices; such issues can prolong distractions and, in a downside scenario, lead to regulatory scrutiny or settlements. Read More.

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.