Citigroup Inc. $C Holdings Raised by World Equity Group Inc.

World Equity Group Inc. increased its stake in Citigroup Inc. (NYSE:C) by 83.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,724 shares of the company’s stock after purchasing an additional 12,126 shares during the quarter. Citigroup comprises about 0.8% of World Equity Group Inc.’s portfolio, making the stock its 27th biggest holding. World Equity Group Inc.’s holdings in Citigroup were worth $3,031,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of C. Valley Wealth Managers Inc. acquired a new position in Citigroup during the 1st quarter valued at about $134,000. Spartan Wealth Advisory Services LLC acquired a new stake in shares of Citigroup in the 1st quarter worth approximately $7,195,000. Arjuna Capital lifted its stake in shares of Citigroup by 2.0% in the 1st quarter. Arjuna Capital now owns 16,943 shares of the company’s stock worth $1,922,000 after acquiring an additional 327 shares during the period. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in shares of Citigroup by 0.7% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 27,344 shares of the company’s stock valued at $3,101,000 after acquiring an additional 191 shares in the last quarter. Finally, GatePass Capital LLC increased its stake in shares of Citigroup by 118.4% during the first quarter. GatePass Capital LLC now owns 6,195 shares of the company’s stock valued at $703,000 after acquiring an additional 3,359 shares during the period. Institutional investors own 71.72% of the company’s stock.

Insider Activity at Citigroup

In other news, Director John Cunningham Dugan sold 2,117 shares of Citigroup stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $125.30, for a total value of $265,260.10. Following the transaction, the director directly owned 12,194 shares of the company’s stock, valued at $1,527,908.20. This trade represents a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.11% of the stock is currently owned by insiders.

Citigroup Price Performance

NYSE C opened at $129.46 on Friday. Citigroup Inc. has a 1 year low of $87.94 and a 1 year high of $147.96. The business’s fifty day moving average is $134.34 and its two-hundred day moving average is $123.33. The stock has a market capitalization of $220.81 billion, a P/E ratio of 13.98, a P/E/G ratio of 0.59 and a beta of 1.11. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 0.99.

Citigroup (NYSE:C) last released its quarterly earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, beating analysts’ consensus estimates of $2.74 by $0.41. The business had revenue of $24.75 billion during the quarter, compared to analyst estimates of $23.74 billion. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.Citigroup’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same quarter last year, the company posted $1.96 EPS. On average, research analysts forecast that Citigroup Inc. will post 11.15 earnings per share for the current fiscal year.

Citigroup declared that its board has approved a share repurchase program on Thursday, May 7th that permits the company to repurchase $30.00 billion in shares. This repurchase authorization permits the company to reacquire up to 13.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

Several brokerages recently commented on C. Jefferies Financial Group started coverage on Citigroup in a report on Thursday, March 26th. They set a “buy” rating and a $135.00 target price on the stock. Wells Fargo & Company lifted their price target on Citigroup from $162.00 to $165.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Barclays lifted their price target on Citigroup from $146.00 to $154.00 and gave the company an “overweight” rating in a research report on Wednesday, April 15th. Morgan Stanley upped their price objective on Citigroup from $154.00 to $164.00 and gave the company an “overweight” rating in a report on Monday, June 29th. Finally, Wall Street Zen raised Citigroup from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Citigroup presently has an average rating of “Moderate Buy” and an average price target of $145.67.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup was added to Zacks’ Rank #1 (Strong Buy) list, signaling improving earnings momentum and potentially attracting more near-term buying. New Strong Buy Stocks for July 17th
• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 earnings estimates for Citigroup, reinforcing the view that profits may continue trending higher. Citigroup stock page / analyst estimate update
• Positive Sentiment: Market commentary highlighted Citigroup as one of the standouts in early Q2 bank earnings, alongside peers that beat expectations, which supports the broader bullish case for the shares. Q2 Earnings: 2 Winners and 1 Loser So Far
• Positive Sentiment: Citigroup’s Q2 results beat estimates, with revenue and EPS both coming in above Wall Street forecasts, keeping investor sentiment constructive after the earnings release. Citigroup earnings data
• Neutral Sentiment: Citigroup announced a full redemption of its Series T preferred stock, which is a capital-structure change but not a major operating catalyst by itself. Citigroup Announces Full Redemption of Series T Preferred Stock
• Neutral Sentiment: Several brokerage and market items reiterated or discussed Citigroup’s valuation and relative attractiveness versus peers, adding context but not introducing a major new surprise. Citigroup vs. Wells Fargo: Which Bank Stock Looks Attractive Post Q2 Results?

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.