Citigroup Inc. $C Holdings Decreased by Savant Capital LLC

Key Points

• Savant Capital LLC sharply reduced its Citigroup stake by 74.9% in the fourth quarter, selling 95,345 shares and leaving it with 31,980 shares valued at about $3.7 million.
• Citigroup shares were up 0.8% to $125.73, while the stock has traded between a 52-week low of $74.30 and high of $135.29. The bank’s market cap is about $214.4 billion.
• Citigroup’s latest quarter beat expectations, with EPS of $3.06 versus $2.63 expected and revenue of $24.63 billion topping estimates. The company also pays a quarterly dividend of $0.60 and has authorized a $30 billion share buyback.

Savant Capital LLC trimmed its position in Citigroup Inc. (NYSE:C - Free Report) by 74.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,980 shares of the company's stock after selling 95,345 shares during the quarter. Savant Capital LLC's holdings in Citigroup were worth $3,732,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in C. Brighton Jones LLC increased its holdings in shares of Citigroup by 166.9% in 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. Sivia Capital Partners LLC increased its holdings in shares of Citigroup by 20.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 9,805 shares of the company's stock valued at $835,000 after acquiring an additional 1,669 shares during the last quarter. United Bank bought a new stake in shares of Citigroup in the 2nd quarter valued at approximately $972,000. Osterweis Capital Management Inc. increased its holdings in shares of Citigroup by 3,016.7% in the 2nd quarter. Osterweis Capital Management Inc. now owns 935 shares of the company's stock valued at $80,000 after acquiring an additional 905 shares during the last quarter. Finally, HUB Investment Partners LLC increased its holdings in shares of Citigroup by 26.9% in the 2nd quarter. HUB Investment Partners LLC now owns 15,287 shares of the company's stock valued at $1,301,000 after acquiring an additional 3,238 shares during the last quarter. 71.72% of the stock is currently owned by institutional investors.

Citigroup Trading Up 0.8%

NYSE:C opened at $125.73 on Friday. Citigroup Inc. has a 1 year low of $74.30 and a 1 year high of $135.29. The stock has a market cap of $214.44 billion, a price-to-earnings ratio of 15.58, a PEG ratio of 0.56 and a beta of 1.14. The business has a fifty day moving average of $122.89 and a 200-day moving average of $115.69. The company has a debt-to-equity ratio of 1.59, a quick ratio of 0.99 and a current ratio of 0.99.

Citigroup (NYSE:C - Get Free Report) last released its quarterly earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.43. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The company had revenue of $24.63 billion during the quarter, compared to analysts' expectations of $22.96 billion. During the same quarter in the prior year, the business posted $1.96 earnings per share. The company's revenue for the quarter was up 14.1% compared to the same quarter last year. Equities analysts predict that Citigroup Inc. will post 10.68 earnings per share for the current year.

Citigroup Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 4th were paid a $0.60 dividend. The ex-dividend date of this dividend was Monday, May 4th. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. Citigroup's dividend payout ratio is presently 29.74%.

Citigroup announced that its Board of Directors has authorized a stock buyback plan 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 stock through open market purchases. Stock repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of research analysts recently commented on C shares. Royal Bank Of Canada restated an "outperform" rating and set a $139.00 price objective on shares of Citigroup in a research note on Wednesday, April 15th. Zacks Research downgraded Citigroup from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 20th. Wall Street Zen upgraded Citigroup from a "hold" rating to a "buy" rating in a research note on Saturday, May 9th. Barclays upped their price objective on Citigroup from $146.00 to $154.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 15th. Finally, Piper Sandler restated an "overweight" rating and set a $145.00 price objective (up from $125.00) on shares of Citigroup in a research note on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $137.62.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup’s latest quarter beat expectations, with EPS of $3.06 versus $2.63 expected and revenue of $24.63 billion topping estimates, reinforcing confidence in the bank’s earnings momentum.
• Positive Sentiment: Recent coverage highlights Citigroup’s growth drivers, including loan demand, private credit expansion, and ongoing transformation efforts that analysts say could support revenue growth through 2026. Top Research Reports for Citigroup, TotalEnergies & AppLovin
• Positive Sentiment: Wall Street sentiment remains constructive, with multiple firms maintaining Buy/Overweight ratings and recent price targets clustering well above the current trading range, suggesting room for further upside.
• Positive Sentiment: News that Citigroup is concentrating more wealth-management hiring in Asia points to a strategic push into a faster-growing, more productive market segment. Citigroup Inc. (C) Anchors Wealth Hiring in Asia
• Neutral Sentiment: Several articles also note Citigroup’s stock has been broadly outperforming some financial peers this year, but these pieces are more comparison-focused than catalyst-driven. Is Citigroup (C) Stock Outpacing Its Finance Peers This Year?
• Negative Sentiment: Some institutional holdings data show major investors trimming positions, including BlackRock and T. Rowe Price, which may temper enthusiasm despite the stronger operating trends.

Insider Buying and Selling at Citigroup

In other news, insider Edward Skyler sold 25,000 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $131.41, for a total value of $3,285,250.00. Following the completion of the transaction, the insider owned 182,022 shares of the company's stock, valued at approximately $23,919,511.02. This represents a 12.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director John Cunningham Dugan sold 2,117 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $125.30, for a total value of $265,260.10. Following the completion of the transaction, the director directly owned 12,194 shares of the company's stock, valued at approximately $1,527,908.20. The trade was a 14.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.11% of the company's stock.

About Citigroup

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.

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