Citigroup Inc. $C Shares Acquired by Bokf Na

Key Points

• Bokf Na boosted its stake in Citigroup by 245% in Q4, buying an additional 17,628 shares to hold 24,822 shares worth $2.896 million.
• Citigroup's Board authorized a multiyear $30 billion share‑repurchase program (up to 13.7% of shares) and declared a $0.60 quarterly dividend (about a 1.9% yield).
• Citigroup beat recent quarterly estimates (EPS $3.06 vs. $2.63; revenue $24.63B vs. $22.96B), and analysts' consensus rating is a "Moderate Buy" with an average price target near $136.79.

Bokf Na boosted its stake in shares of Citigroup Inc. (NYSE:C - Free Report) by 245.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 24,822 shares of the company's stock after purchasing an additional 17,628 shares during the quarter. Bokf Na's holdings in Citigroup were worth $2,896,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Wolff Wiese Magana LLC grew its holdings in Citigroup by 87.6% in the 3rd quarter. Wolff Wiese Magana LLC now owns 257 shares of the company's stock worth $26,000 after buying an additional 120 shares in the last quarter. Richards Merrill & Peterson Inc. bought a new position in Citigroup in the 4th quarter worth approximately $28,000. Dunhill Financial LLC grew its holdings in Citigroup by 92.2% in the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company's stock worth $32,000 after buying an additional 153 shares in the last quarter. Guerra Advisors Inc bought a new position in Citigroup in the 3rd quarter worth approximately $33,000. Finally, MH & Associates Securities Management Corp ADV bought a new position in Citigroup in the 4th quarter worth approximately $35,000. 71.72% of the stock is owned by institutional investors.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Board authorized a multiyear $30 billion share‑repurchase program, a direct capital-return catalyst that supports EPS and buyback-driven valuation upside. Citi unveils new profit goals, buyback plan at investor day
• Positive Sentiment: Citi pushed an AI-first strategy across cards, payments and wealth (including partnerships for an AI wealth assistant), highlighting fee‑bearing growth engines that could lift returns if adoption scales. Citi Rebuilds Cards Around Affluent Customers and AI
• Positive Sentiment: Notable analyst support surfaced (e.g., Wells Fargo’s Mike Mayo called Citi his top pick), which can drive momentum and buyer interest into the rally. A lot of upside for Citi's stock and it's my number one pick, says Wells Fargo's Mike Mayo
• Neutral Sentiment: Management set near‑term adjusted ROTCE targets of ~11–13% for 2027–28 — progress versus past performance but a measured step that leaves upside contingent on execution. Citigroup bets on CEO Fraser's overhaul to aim for 11% to 13% profitability
• Neutral Sentiment: Investor Day was framed as the transition from rebuild to growth under CEO Jane Fraser — narrative progress that still requires follow‑through on revenues, margins and ROI on AI investments. How Citigroup Can Get to the Next Level
• Negative Sentiment: Some analysts and media said the profitability roadmap fell short of street hopes (medium‑term ROTCE guidance seen as conservative), which created pockets of selling/hesitation after the presentations. Citigroup investor day 2026: profit targets disappoint
• Negative Sentiment: Broad financial‑sector weakness late in the session and a reported lawsuit alleging failed funds transfers added short‑term pressure and headline risk. Sector Update: Financial Stocks Fall Late Afternoon

Analyst Upgrades and Downgrades

C has been the subject of a number of recent analyst reports. Royal Bank Of Canada reissued an "outperform" rating and issued a $139.00 price objective on shares of Citigroup in a report on Wednesday, April 15th. Zacks Research lowered Citigroup from a "strong-buy" rating to a "hold" rating in a report on Friday, February 20th. Jefferies Financial Group started coverage on Citigroup in a report on Thursday, March 26th. They issued a "buy" rating and a $135.00 price objective for the company. Morgan Stanley upped their target price on Citigroup from $140.00 to $144.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 15th. Finally, Keefe, Bruyette & Woods upped their target price on Citigroup from $131.00 to $140.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $136.79.

Insider Buying and Selling at Citigroup

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the company's stock in a transaction on Friday, February 13th. The stock was sold at an average price of $111.09, for a total value of $4,796,088.57. Following the transaction, the insider owned 45,835 shares of the company's stock, valued at approximately $5,091,810.15. This represents a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Edward Skyler sold 25,000 shares of the company's stock in a transaction on Wednesday, April 15th. The shares were 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 directly owned 182,022 shares in the company, valued at $23,919,511.02. This represents a 12.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 92,318 shares of company stock worth $10,764,814 in the last ninety days. 0.11% of the stock is owned by corporate insiders.

Citigroup Price Performance

NYSE C opened at $128.99 on Friday. The stock has a market capitalization of $221.21 billion, a P/E ratio of 15.98, a P/E/G ratio of 0.57 and a beta of 1.14. Citigroup Inc. has a 1 year low of $70.95 and a 1 year high of $135.29. The business's fifty day moving average is $117.98 and its two-hundred day moving average is $113.01. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.00 and a current ratio of 0.99.

Citigroup (NYSE:C - Get Free Report) last posted its quarterly earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.43. The company had revenue of $24.63 billion for the quarter, compared to analysts' expectations of $22.96 billion. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The firm's revenue was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.96 earnings per share. On average, research analysts forecast that Citigroup Inc. will post 10.65 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Monday, May 4th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Monday, May 4th. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. Citigroup's dividend payout ratio is currently 29.74%.

Citigroup announced that its Board of Directors has initiated a share repurchase plan on Thursday, May 7th that authorizes the company to buyback $30.00 billion in shares. This buyback authorization authorizes the company to buy up to 13.7% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

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.

Want to see what other hedge funds are holding C? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Citigroup Inc. (NYSE:C - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.