Greenhaven Associates Inc. Lowers Stock Position in Citigroup Inc. $C

Greenhaven Associates Inc. cut its position in shares of Citigroup Inc. (NYSE:C) by 99.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 83,273 shares of the company’s stock after selling 16,092,290 shares during the quarter. Citigroup makes up about 0.1% of Greenhaven Associates Inc.’s holdings, making the stock its 17th biggest position. Greenhaven Associates Inc.’s holdings in Citigroup were worth $8,452,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Wolff Wiese Magana LLC lifted its holdings in Citigroup by 87.6% during the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock worth $26,000 after acquiring an additional 120 shares during the period. Howard Hughes Medical Institute purchased a new stake in shares of Citigroup during the 2nd quarter valued at $34,000. DHJJ Financial Advisors Ltd. raised its stake in shares of Citigroup by 157.1% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 414 shares of the company’s stock worth $35,000 after purchasing an additional 253 shares during the period. Legacy Investment Solutions LLC purchased a new position in shares of Citigroup in the 2nd quarter worth about $38,000. Finally, Capital A Wealth Management LLC purchased a new position in shares of Citigroup in the 2nd quarter worth about $38,000. 71.72% of the stock is owned by institutional investors.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: U.K. head says M&A and capital?markets deal pipeline is the strongest in years, implying potential near?term fee revenue upside for Citigroup’s investment banking franchise. Read More.
• Positive Sentiment: Bloomberg reports Citigroup India is hiring a new commercial?banking head (Khurana), a hire that could accelerate growth in a high?growth market and boost corporate lending and transaction banking volumes. Read More.
• Positive Sentiment: Management has reshuffled corporate?banking leadership to sharpen focus on client coverage and deal execution — a strategic move investors view as supportive of revenue recovery if execution holds. Read More.
• Neutral Sentiment: Analyst and media coverage is spotlighting Citigroup (investor attention rising), and the stock is being compared with peers on 2026 upside — this increases liquidity and trade interest but is informational rather than a direct fundamental catalyst. Read More.
• Negative Sentiment: Reports confirm another round of layoffs in March as part of a 20,000?job reduction through 2026 — short?term charges and execution risk on the restructuring raise concerns about morale, client disruption and timing of cost savings versus revenue headwinds. Read More.
• Negative Sentiment: Reputational/legal noise persists after coverage of a former executive’s lawsuit and criticism of industry practices; such issues can prolong distractions and, in a downside scenario, lead to regulatory scrutiny or settlements. Read More.

Analyst Upgrades and Downgrades

C has been the topic of several research reports. Zacks Research raised shares of Citigroup from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. Oppenheimer lifted their price target on shares of Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. UBS Group reiterated a “neutral” rating and issued a $132.00 price objective on shares of Citigroup in a research note on Thursday, January 15th. Wolfe Research reissued an “outperform” rating and issued a $141.00 target price on shares of Citigroup in a research report on Wednesday, January 7th. Finally, Truist Financial boosted their target price on Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $125.56.

Citigroup Trading Up 0.4%

Shares of C stock opened at $115.68 on Friday. The stock has a market capitalization of $206.98 billion, a price-to-earnings ratio of 16.60, a PEG ratio of 0.74 and a beta of 1.18. The company’s fifty day simple moving average is $113.67 and its two-hundred day simple moving average is $103.09. Citigroup Inc. has a 1 year low of $55.51 and a 1 year high of $124.17. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 0.99.

Citigroup (NYSE:C) last posted its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.16. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The firm had revenue of $19.87 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same period last year, the company earned $1.34 earnings per share. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. As a group, analysts anticipate that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 2nd will be given a dividend of $0.60 per share. The ex-dividend date is Monday, February 2nd. This represents a $2.40 annualized dividend and a dividend yield of 2.1%. Citigroup’s dividend payout ratio is currently 34.43%.

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.