Bluebird Wealth Management LLC Makes New $2.66 Million Investment in Citigroup Inc. $C

Bluebird Wealth Management LLC acquired a new position in shares of Citigroup Inc. (NYSE:C) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 22,778 shares of the company’s stock, valued at approximately $2,658,000. Citigroup accounts for 2.5% of Bluebird Wealth Management LLC’s portfolio, making the stock its 8th largest position.

A number of other large investors also recently added to or reduced their stakes in the stock. Retirement Planning Group LLC raised its position in Citigroup by 13.4% during the fourth quarter. Retirement Planning Group LLC now owns 2,322 shares of the company’s stock worth $271,000 after acquiring an additional 275 shares during the period. Sequoia Financial Advisors LLC grew its holdings in shares of Citigroup by 2.2% during the fourth quarter. Sequoia Financial Advisors LLC now owns 268,562 shares of the company’s stock worth $31,338,000 after buying an additional 5,672 shares in the last quarter. Sigma Investment Counselors Inc. purchased a new stake in shares of Citigroup during the fourth quarter worth $210,000. Gateway Investment Advisers LLC grew its holdings in shares of Citigroup by 24.8% during the fourth quarter. Gateway Investment Advisers LLC now owns 6,602 shares of the company’s stock worth $770,000 after buying an additional 1,313 shares in the last quarter. Finally, D.B. Root & Company LLC grew its holdings in shares of Citigroup by 2.8% during the fourth quarter. D.B. Root & Company LLC now owns 3,191 shares of the company’s stock worth $372,000 after buying an additional 87 shares in the last quarter. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Citigroup Trading Down 0.4%

Shares of C opened at $127.52 on Thursday. The company has a current ratio of 0.99, a quick ratio of 1.00 and a debt-to-equity ratio of 1.59. Citigroup Inc. has a 12-month low of $69.65 and a 12-month high of $135.29. The firm has a 50-day moving average price of $117.59 and a 200 day moving average price of $112.78. The firm has a market capitalization of $218.68 billion, a P/E ratio of 15.80, a P/E/G ratio of 0.57 and a beta of 1.14.

Citigroup (NYSE:C) last announced its quarterly earnings data on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.43. Citigroup had a net margin of 9.35% and a return on equity of 9.19%. The firm had revenue of $24.63 billion during the quarter, compared to analyst estimates of $22.96 billion. During the same quarter in the prior year, the firm posted $1.96 earnings per share. Citigroup’s quarterly revenue was up 14.1% on a year-over-year basis. Sell-side analysts forecast that Citigroup Inc. will post 10.66 EPS for the current year.

Citigroup Dividend Announcement

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

Analysts Set New Price Targets

C has been the subject of a number of research reports. Evercore set a $139.00 target price on shares of Citigroup in a report on Wednesday, April 15th. JPMorgan Chase & Co. upped their target price on shares of Citigroup from $131.00 to $135.50 and gave the stock an “overweight” rating in a report on Thursday, April 30th. Zacks Research lowered shares of Citigroup from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. Jefferies Financial Group began coverage on shares of Citigroup in a report on Thursday, March 26th. They set a “buy” rating and a $135.00 target price for the company. Finally, UBS Group reissued a “neutral” rating and issued a $132.00 price objective on shares of Citigroup in a report on Thursday, January 15th. One equities research 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 stock. According to MarketBeat.com, Citigroup currently has an average rating of “Moderate Buy” and a consensus target price of $136.79.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: UBS says Citigroup should target a 14%–15% return on tangible common equity in the medium term — a clear upward profitability goal that, if delivered, supports a higher valuation and stronger shareholder returns. Citigroup Should Aim for Return on Tangible Common Equity of 14% to 15% in Medium Term, UBS Says
• Positive Sentiment: Citi launched “Citi Sky,” an AI assistant for wealth clients built with Google Cloud/DeepMind — a proof point that management plans to monetize AI in fee?based businesses (wealth) and could drive revenue/efficiency upside. Citi Sky AI Assistant Highlights Citigroup Wealth Push With Google Partnership
• Neutral Sentiment: Citi confirmed an Investor Day on May 7 where senior management will present strategy, updated profitability goals, risk controls, AI plans and compensation changes — this is the near?term catalyst driving trading as investors await specifics. Citi Announces 2026 Investor Day
• Neutral Sentiment: Management previews and press coverage emphasize new medium?term profit targets and AI deployment (valuation/strategy pieces) — these frames raise expectations but also set a higher bar that the company must meet to sustain the rally. Citigroup (C) Valuation Check As Investor Day And New AI Plans Draw Fresh Attention
• Neutral Sentiment: CGMI (Citigroup unit) updated pricing and raised the waterfall cap on offers to repurchase three series of Citigroup notes — shows active liability/capital management ahead of strategic announcements, but with limited immediate equity impact. Citi Announces Increasing the Waterfall Cap and Pricing Terms of Offers to Purchase Three Series of Outstanding Citigroup Inc. Notes
• Negative Sentiment: Coverage (Barron’s, Reuters) notes Investor Day is a test of CEO Jane Fraser’s ability to move Citi from turnaround to sustainable growth — that raises short?term execution risk and could pressure the stock if management’s profit targets or AI/return guidance fall short of elevated expectations. Citi’s Investor Day Will Test Wall Street’s Confidence in CEO Jane Fraser

Insider Activity

In other Citigroup news, insider Edward Skyler sold 25,000 shares of the stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $131.41, for a total transaction of $3,285,250.00. Following the completion of the transaction, the insider owned 182,022 shares of the company’s stock, valued at $23,919,511.02. This trade represents a 12.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Cantu Ernesto Torres sold 43,173 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the transaction, the insider directly owned 45,835 shares of the company’s stock, valued at approximately $5,091,810.15. This trade represents a 48.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 92,318 shares of company stock valued at $10,764,814. 0.11% of the stock is currently owned by insiders.

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.