Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Invests $666,000 in Citigroup Inc. $C

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA acquired a new stake in shares of Citigroup Inc. (NYSE:C) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 6,890 shares of the company’s stock, valued at approximately $666,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Tema Etfs LLC bought a new position in shares of Citigroup in the third quarter worth approximately $3,339,000. Towercrest Capital Management increased its position in shares of Citigroup by 36.8% during the third quarter. Towercrest Capital Management now owns 3,439 shares of the company’s stock valued at $349,000 after acquiring an additional 925 shares in the last quarter. Warwick Investment Management Inc. purchased a new position in Citigroup in the 3rd quarter worth approximately $227,000. Bayforest Capital Ltd purchased a new position in Citigroup in the 3rd quarter worth approximately $719,000. Finally, Solidarity Wealth LLC lifted its position in Citigroup by 1.9% in the 3rd quarter. Solidarity Wealth LLC now owns 40,773 shares of the company’s stock valued at $4,138,000 after acquiring an additional 770 shares in the last quarter. 71.72% of the stock is currently owned by institutional investors.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi will cut about 1,000 jobs this week as part of a multi‑year plan to reduce headcount by ~20,000; investors see this as a concrete cost‑reduction step that could boost margins if execution continues. Citigroup is set to cut about 1,000 jobs, Bloomberg News reports
• Positive Sentiment: The board declared a quarterly common dividend of $0.60 per share (payable Feb. 27), which supports income investors and signals capital return discipline amid restructuring. Citigroup Declares Common Stock Dividend
• Neutral Sentiment: Banks are kicking off Q4 earnings season; previews suggest revenue upside from NII and capital markets but risks from high costs and asset‑quality pressure — Citi’s upcoming print and guidance will be a near‑term catalyst. Wall Street banks to kick off Q4 earnings as investors eye 2026 outlook
• Neutral Sentiment: Analysts note Citi may see higher revenues from rebounds in NII and deal activity, but rising costs and potential asset‑quality deterioration could temper investor reaction to the prints. Citigroup Q4 Earnings on the Deck: How to Approach the Stock Now?
• Negative Sentiment: Political risk spooked markets after a proposal to cap credit‑card APRs at 10%; such a cap would materially compress card revenue and net interest margins for banks with large credit‑card portfolios, contributing to today’s sell‑off in bank stocks. Banks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit
• Negative Sentiment: The U.S. Supreme Court declined to hear Citi’s appeal in the Oceanografia fraud case, leaving in place a high‑stakes lawsuit that alleges >$1bn in losses — a lingering legal overhang that increases execution and capital uncertainty until resolved. US Supreme Court rebuffs Citigroup appeal in lawsuit over Mexican oil company fraud

Citigroup Price Performance

NYSE C opened at $117.62 on Tuesday. Citigroup Inc. has a 52 week low of $55.51 and a 52 week high of $124.17. The firm has a market capitalization of $210.46 billion, a P/E ratio of 16.52, a PEG ratio of 0.47 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 company has a 50-day moving average price of $109.48 and a 200-day moving average price of $100.42.

Citigroup (NYSE:C) last posted its quarterly earnings data on Tuesday, October 14th. The company reported $2.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.35. The company had revenue of $22.09 billion for the quarter, compared to the consensus estimate of $20.92 billion. Citigroup had a net margin of 8.73% and a return on equity of 7.91%. The firm’s revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.51 earnings per share. Equities research analysts anticipate that Citigroup Inc. will post 7.53 earnings per share for the current year.

Wall Street Analyst Weigh In

C has been the subject of a number of research analyst reports. JPMorgan Chase & Co. raised Citigroup from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $107.00 to $124.00 in a report on Friday, December 12th. The Goldman Sachs Group upped their price target on Citigroup from $113.00 to $127.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Oppenheimer reduced their price objective on Citigroup from $123.00 to $120.00 and set an “outperform” rating for the company in a report on Wednesday, November 19th. Keefe, Bruyette & Woods boosted their target price on Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 17th. Finally, Wells Fargo & Company set a $150.00 target price on shares of Citigroup in a research note on Monday, January 5th. Fourteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $118.94.

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.