Citigroup Inc. $C Shares Acquired by Princeton Capital Management LLC

Princeton Capital Management LLC grew its position in shares of Citigroup Inc. (NYSE:C) by 82.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,548 shares of the company’s stock after purchasing an additional 18,774 shares during the quarter. Citigroup makes up about 1.1% of Princeton Capital Management LLC’s portfolio, making the stock its 16th biggest holding. Princeton Capital Management LLC’s holdings in Citigroup were worth $4,217,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC increased its holdings in Citigroup by 87.6% in the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock valued at $26,000 after buying an additional 120 shares in the last quarter. Guerra Advisors Inc acquired a new stake in shares of Citigroup during the 3rd quarter valued at about $33,000. Howard Hughes Medical Institute purchased a new position in shares of Citigroup in the 2nd quarter valued at about $34,000. Legacy Investment Solutions LLC acquired a new position in Citigroup in the 2nd quarter worth about $38,000. Finally, Capital A Wealth Management LLC purchased a new position in Citigroup during the second quarter worth approximately $38,000. 71.72% of the stock is owned by hedge funds and other institutional investors.

Citigroup Price Performance

Citigroup stock opened at $115.84 on Friday. The company has a fifty day simple moving average of $116.77 and a 200-day simple moving average of $105.48. The firm has a market capitalization of $207.28 billion, a price-to-earnings ratio of 16.62, a PEG ratio of 0.74 and a beta of 1.18. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. Citigroup Inc. has a 52-week low of $55.51 and a 52-week high of $125.16.

Citigroup (NYSE:C) last posted 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. The firm had revenue of $19.87 billion for the quarter, compared to the consensus estimate of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The company’s revenue for the quarter was up 2.1% on a year-over-year basis. During the same period last year, the firm posted $1.34 earnings per share. On average, equities analysts anticipate that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The business 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 dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Monday, February 2nd. Citigroup’s payout ratio is currently 34.43%.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup completed the sale of its AO Citibank Russian unit, which management expects will deliver roughly a $4 billion CET1 capital benefit in Q1 — a tangible capital boost that helps support buybacks and dividends. Citigroup Stock Up on AO Citibank Sale, Sees $4B CET1 Gain in Q1
• Positive Sentiment: Citi is beefing up private-bank leadership in North America as it pushes to grow wealth-management revenue — a strategic effort that can lift fee income and client deposits over time. Citi bolsters private bank leadership in North America push
• Neutral Sentiment: Citigroup published investment guidance (its so‑called “AI survival plan”) recommending bonds and small-cap stocks as defensive positioning amid AI-driven market shifts — a signal of how the bank is advising clients but not a direct earnings driver. Citigroup (C) Reveals Its ‘AI Survival Plan:’ Buy Bonds and Small-Cap Stocks
• Neutral Sentiment: Citi acted as counterparty on an accelerated share-repurchase with eToro — a client/transaction highlight that underscores fee and custody flows but is not material to Citi’s core results by itself. eToro Launches $50 Million Accelerated Share Buyback With Citibank
• Negative Sentiment: Card delinquency rates rose in January versus December, which could pressure asset quality and provisioning if the trend continues — a direct credit risk metric investors watch for future charge-offs. C’s January Card Delinquencies Rise: How it Will Impact Asset Quality?
• Negative Sentiment: A Bloomberg report highlighting record pay for Citi’s CEO and peers in 2025 raises governance/PR scrutiny that can weigh on investor sentiment, especially around compensation versus performance. Citigroup, BofA CEOs and Peers Notch a Record Payout in 2025

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on C shares. Truist Financial boosted their price objective on Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. JPMorgan Chase & Co. upped their price objective on shares of Citigroup from $130.00 to $134.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Morgan Stanley set a $152.00 price objective on shares of Citigroup in a report on Tuesday. Wells Fargo & Company set a $150.00 target price on shares of Citigroup in a research note on Monday, January 5th. Finally, Keefe, Bruyette & Woods upped their price target on shares of Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.25.

Insider Activity

In other 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 value of $4,796,088.57. Following the completion of the sale, the insider directly owned 45,835 shares in the company, valued at $5,091,810.15. This represents a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.08% of the stock is owned by company insiders.

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.