Curry Webb Wealth Management LLC Purchases New Shares in Citigroup Inc. $C

Curry Webb Wealth Management LLC purchased a new position in Citigroup Inc. (NYSE:C) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 9,420 shares of the company’s stock, valued at approximately $1,068,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Truist Financial Corp grew its holdings in Citigroup by 4.7% in the 4th quarter. Truist Financial Corp now owns 375,977 shares of the company’s stock valued at $43,873,000 after buying an additional 16,744 shares in the last quarter. UniSuper Management Pty Ltd raised its holdings in shares of Citigroup by 38.8% during the 4th quarter. UniSuper Management Pty Ltd now owns 1,306,851 shares of the company’s stock worth $152,496,000 after acquiring an additional 365,041 shares during the period. Brighton Jones LLC boosted its position in shares of Citigroup by 166.9% during the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock valued at $1,407,000 after acquiring an additional 12,499 shares during the last quarter. Ritholtz Wealth Management boosted its position in shares of Citigroup by 9.8% during the 4th quarter. Ritholtz Wealth Management now owns 132,679 shares of the company’s stock valued at $15,482,000 after acquiring an additional 11,791 shares during the last quarter. Finally, Merit Financial Group LLC grew its holdings in shares of Citigroup by 15.6% in the fourth quarter. Merit Financial Group LLC now owns 96,453 shares of the company’s stock valued at $11,255,000 after purchasing an additional 13,046 shares during the period. 71.72% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at Citigroup

In related news, Director John Cunningham Dugan sold 2,117 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $125.30, for a total transaction of $265,260.10. Following the completion of the transaction, the director owned 12,194 shares of the company’s stock, valued at approximately $1,527,908.20. This trade represents a 14.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.11% of the company’s stock.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup was added to Zacks’ Rank #1 “Strong Buy” list, including its income-stock recommendations. The upgrade-style attention may support demand for the shares, particularly given Citi’s dividend and valuation appeal. Best Income Stocks to Buy for July 31st
• Positive Sentiment: Andrea Gacki, the outgoing director of the Treasury Department’s Financial Crimes Enforcement Network, will join Citi as global head of sanctions. Her regulatory and anti-money-laundering expertise could strengthen the bank’s compliance efforts and help manage one of its key execution risks. US Treasury anti-money laundering chief Gacki to join Citi as global head of sanctions
• Positive Sentiment: Citi and Mastercard expanded their premium dining and entertainment program for Strata Elite cardholders. The initiative is not financially material on its own, but it supports Citi’s strategy of increasing premium-card engagement, loyalty and fee-generating business. Citi and Mastercard Expand The Curated Table Series for Fall 2026
• Neutral Sentiment: The Federal Reserve’s decision to leave interest rates unchanged, amid persistent inflation concerns, creates a mixed backdrop for Citi. Stable rates reduce immediate policy uncertainty, but a prolonged higher-rate environment could pressure loan demand, credit quality and markets activity. Fed keeps interest rates unchanged, citing ongoing inflation concerns
• Neutral Sentiment: The Treasury is considering investing some cash in the repurchase-agreement market, a move that could alter short-term funding conditions. The potential impact on Citi is uncertain but may affect liquidity and money-market dynamics. US Treasury Weighs Repo Entry That Could Reshape Funding Markets

Analyst Upgrades and Downgrades

A number of brokerages have commented on C. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $150.00 target price on shares of Citigroup in a research note on Wednesday, July 15th. Argus set a $150.00 price target on shares of Citigroup in a research note on Wednesday, July 15th. JPMorgan Chase & Co. raised their price target on shares of Citigroup from $135.50 to $149.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. Bank of America lifted their price target on shares of Citigroup from $170.00 to $176.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Finally, Oppenheimer lowered shares of Citigroup from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 30th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $145.67.

Citigroup Stock Up 0.2%

Shares of C opened at $132.67 on Monday. The company’s 50-day moving average price is $135.82 and its 200 day moving average price is $124.21. Citigroup Inc. has a 12-month low of $87.94 and a 12-month high of $147.96. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The firm has a market cap of $226.29 billion, a P/E ratio of 14.33, a price-to-earnings-growth ratio of 0.60 and a beta of 1.12.

Citigroup (NYSE:C) last announced its earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, topping the consensus estimate of $2.74 by $0.41. Citigroup had a net margin of 10.23% and a return on equity of 10.15%. The company had revenue of $24.75 billion during the quarter, compared to analyst estimates of $23.74 billion. During the same quarter last year, the firm posted $1.96 earnings per share. Citigroup’s revenue was up 14.5% compared to the same quarter last year. On average, sell-side analysts forecast that Citigroup Inc. will post 11.2 earnings per share for the current year.

Citigroup declared that its board has approved a stock repurchase program on Thursday, May 7th that permits the company to buyback $30.00 billion in shares. This buyback authorization permits the company to purchase up to 13.7% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s leadership believes its stock is undervalued.

Citigroup Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 3rd will be issued a $0.67 dividend. The ex-dividend date is Monday, August 3rd. This represents a $2.68 annualized dividend and a dividend yield of 2.0%. This is an increase from Citigroup’s previous quarterly dividend of $0.60. Citigroup’s dividend payout ratio (DPR) is currently 25.92%.

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.