Caprock Group LLC Acquires Shares of 119,372 Citigroup Inc. $C

Caprock Group LLC bought a new position in Citigroup Inc. (NYSE:C) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 119,372 shares of the company’s stock, valued at approximately $11,528,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in C. Endowment Wealth Management Inc. bought a new stake in Citigroup in the 3rd quarter worth $200,000. Krilogy Financial LLC increased its holdings in Citigroup by 62.6% during the 3rd quarter. Krilogy Financial LLC now owns 21,105 shares of the company’s stock valued at $2,146,000 after purchasing an additional 8,129 shares during the period. Stratos Wealth Partners LTD. raised its position in Citigroup by 52.7% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 39,387 shares of the company’s stock valued at $3,998,000 after purchasing an additional 13,597 shares during the last quarter. Stratos Wealth Advisors LLC purchased a new stake in Citigroup in the 3rd quarter worth approximately $378,000. Finally, Stratos Investment Management LLC grew its position in shares of Citigroup by 0.4% in the 3rd quarter. Stratos Investment Management LLC now owns 144,591 shares of the company’s stock worth $14,676,000 after buying an additional 544 shares during the last quarter. 71.72% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Zacks Research upgraded Citigroup from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Barclays upped their price objective on shares of Citigroup from $115.00 to $146.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Oppenheimer lifted their target price on shares of Citigroup from $141.00 to $144.00 and gave the company an “outperform” rating in a research note on Thursday, January 15th. The Goldman Sachs Group boosted their price target on shares of Citigroup from $113.00 to $127.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Finally, Bank of America raised their price objective on shares of Citigroup from $115.00 to $120.00 and gave the stock a “buy” rating in a report on Wednesday, October 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $126.19.

Citigroup Stock Performance

Shares of C opened at $122.09 on Wednesday. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. The stock has a market cap of $218.45 billion, a P/E ratio of 17.52, a P/E/G ratio of 0.79 and a beta of 1.18. The business’s 50 day moving average price is $116.07 and its 200-day moving average price is $104.41. Citigroup Inc. has a 52 week low of $55.51 and a 52 week high of $125.16.

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

Citigroup Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 2nd will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is currently 34.43%.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: JPMorgan raised its price target on Citigroup to $134 and kept an “Overweight” rating, providing a near-term analyst-driven upside case for the shares. Benzinga: JPMorgan raises PT
• Positive Sentiment: Citi recently hit a 52‑week high, reflecting strong momentum and encouraging investor sentiment that can support further gains if fundamentals remain intact. Investing.com: Citigroup hits 52-week high
• Neutral Sentiment: Citigroup served as a joint global coordinator on the UI Boustead REIT pre‑IPO marketing — a routine investment‑banking role that generates fees but is not a material event by itself. Economic Times: UI Boustead REIT premarketing
• Neutral Sentiment: Citigroup entities notified they ceased to be a substantial holder in IDP Education — a portfolio repositioning move by Citi’s trading/asset teams that doesn’t indicate a change in corporate fundamentals. TipRanks: Citi sells IDP stake
• Negative Sentiment: Seeking Alpha flagged Citi’s new 6.25% preferred issuance (rated a “Hold”); issuance of higher‑yield preferred stock can signal capital needs and may be perceived as incremental financing that is less favorable for common shareholders. Seeking Alpha: Citigroup issues new 6.25% preferred
• Negative Sentiment: Recent quarterly results were mixed: Citi beat EPS estimates but missed revenue expectations, which can spark concern about top‑line momentum even when profitability metrics look OK — a likely contributor to intraday weakness.

About Citigroup

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.