Rep. Maria Elvira Salazar Sells Off Shares of Citigroup Inc. (NYSE:C)

Representative Maria Elvira Salazar (Republican-Florida) recently sold shares of Citigroup Inc. (NYSE:C). In a filing disclosed on October 7th, the Representative disclosed that they had sold between $1,001 and $15,000 in Citigroup stock on September 24th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of RH (NYSE:RH) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Boeing (NYSE:BA) on 9/24/2026.

Citigroup Stock Up 0.5%

C stock opened at $127.96 on Friday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market cap of $218.24 billion, a P/E ratio of 13.82, a price-to-earnings-growth ratio of 0.56 and a beta of 1.13. The stock’s 50 day simple moving average is $133.80 and its 200 day simple moving average is $131.31. Citigroup Inc. has a fifty-two week low of $93.66 and a fifty-two week high of $147.96.

Citigroup (NYSE:C) last announced its earnings results on Tuesday, July 14th. The company reported $3.15 EPS for the quarter, beating the consensus estimate of $2.74 by $0.41. The company had revenue of $24.77 billion during the quarter, compared to the consensus estimate of $23.74 billion. Citigroup had a net margin of 10.23% and a return on equity of 10.15%. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.96 earnings per share. On average, research analysts expect that Citigroup Inc. will post 11.19 earnings per share for the current fiscal year.

Citigroup Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 3rd were issued a $0.67 dividend. The ex-dividend date was Monday, August 3rd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.1%. This is an increase from Citigroup’s previous quarterly dividend of $0.60. Citigroup’s payout ratio is currently 28.94%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on C shares. Evercore set a $140.00 price objective on Citigroup in a research report on Thursday, October 1st. Argus set a $150.00 price target on shares of Citigroup in a research report on Wednesday, July 15th. JPMorgan Chase & Co. dropped their price objective on shares of Citigroup from $149.00 to $147.00 and set an “overweight” rating for the company in a report on Friday, October 2nd. HSBC assumed coverage on Citigroup in a research note on Monday, September 28th. They set a “buy” rating and a $164.00 price target on the stock. Finally, Weiss Ratings lowered shares of Citigroup from a “buy (b+)” rating to a “buy (b)” rating in a research note on Friday, October 2nd. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $151.28.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Constructive Q3 outlook: Analysts expect Citigroup’s results to benefit from stronger net interest income and market revenues. Cost reductions, capital returns and management’s progress on its transformation will be important earnings catalysts. Here’s How to Play Citigroup Stock Ahead of Q3 Earnings Release
• Positive Sentiment: Analyst support remains favorable: TD Cowen initiated coverage with a Buy rating and a $150 price target, implying substantial upside from recent levels. Barron’s also argued that Citi could rerate closer to peer-bank valuations, potentially producing further gains. Citigroup Has Trailed Financial Stocks. Expect That to Change.
• Positive Sentiment: Digital-payments expansion: Citi’s expanded collaboration with Coinbase connects its payment infrastructure with stablecoin and digital-asset rails. The initiative could create new corporate and e-commerce payment opportunities over time. Citi Connects Payment Network to Stablecoin Rails
• Neutral Sentiment: Valuation debate: After its multiyear advance, investors are questioning whether Citi’s valuation reflects durable value creation or simply improved expectations. The discussion could increase volatility around the earnings release. Can Citigroup Trade At a Discount After a 238% Run?
• Negative Sentiment: Mixed analyst signals: UBS lowered its Citigroup price target to $139, signaling more limited upside than the most bullish forecasts and highlighting potential near-term caution after the stock’s strong run. UBS Cuts Citigroup Price Target
• Negative Sentiment: Macro pressure on banks: Spiking Treasury yields may weigh on bond portfolios, funding costs and credit conditions across the banking sector, creating a risk for Citi even if higher rates support some net interest income. Banks Under Pressure from Spiking Yields

Institutional Trading of Citigroup

Several hedge funds and other institutional investors have recently made changes to their positions in C. Whipplewood Advisors LLC acquired a new position in shares of Citigroup in the 1st quarter valued at $25,000. Paladin Partners LLC acquired a new position in Citigroup in the second quarter valued at $27,000. TD Capital Management LLC purchased a new stake in shares of Citigroup in the fourth quarter valued at approximately $28,000. IMG Wealth Management Inc. lifted its holdings in Citigroup by 197.6% in the 1st quarter. IMG Wealth Management Inc. now owns 244 shares of the company’s stock valued at $28,000 after purchasing an additional 162 shares in the last quarter. Finally, Scarborough Advisors LLC acquired a new position in Citigroup during the first quarter worth approximately $29,000. Hedge funds and other institutional investors own 71.72% of the company’s stock.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

Citigroup Company Profile

Citigroup Inc is a global financial services company headquartered in New York City and listed on the New York Stock Exchange under the symbol C. Through its subsidiaries and businesses, Citi provides banking, lending, investment, payments, wealth management and other financial services to consumers, businesses, governments and institutional clients.

Citi’s principal businesses include Services, which supports institutional clients with treasury, trade, securities services and related solutions; Markets, which provides sales, trading, research and financing services; Banking, which offers investment banking and corporate banking; and Wealth, which provides private banking and wealth management.