Larry Mathis Financial Planning LLC Makes New $860,000 Investment in Citigroup Inc. $C

Posted by Stuart Ham on Jun 20th, 2026

Larry Mathis Financial Planning LLC purchased a new position in shares of Citigroup Inc. (NYSE:C – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund purchased 7,367 shares of the company’s stock, valued at approximately $860,000.

Other institutional investors also recently made changes to their positions in the company. Mcguire Capital Advisors Inc. purchased a new position in Citigroup in the 4th quarter worth $25,000. Richards Merrill & Peterson Inc. bought a new stake in Citigroup in the fourth quarter worth $28,000. TD Capital Management LLC purchased a new stake in Citigroup during the fourth quarter valued at about $28,000. Luken Investment Analytics LLC purchased a new stake in Citigroup during the fourth quarter valued at about $32,000. Finally, High Note Wealth LLC grew its stake in shares of Citigroup by 107.7% during the fourth quarter. High Note Wealth LLC now owns 270 shares of the company’s stock valued at $32,000 after buying an additional 140 shares during the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup Price Performance

C stock opened at $143.37 on Friday. The stock has a market capitalization of $244.52 billion, a price-to-earnings ratio of 17.77, a PEG ratio of 0.64 and a beta of 1.12. The firm’s 50-day moving average price is $129.86 and its two-hundred day moving average price is $119.49. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.59. Citigroup Inc. has a 12-month low of $77.50 and a 12-month high of $147.96.

Citigroup (NYSE:C – Get Free Report) last posted its earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share for the quarter, topping analysts’ consensus estimates of $2.63 by $0.43. The company had revenue of $24.63 billion during the quarter, compared to analyst estimates of $22.96 billion. Citigroup had a net margin of 9.35% and a return on equity of 9.19%. Citigroup’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.96 earnings per share. As a group, equities analysts predict that Citigroup Inc. will post 10.72 earnings per share for the current year.

Citigroup declared that its Board of Directors has approved a stock buyback program on Thursday, May 7th that authorizes the company to repurchase $30.00 billion in shares. This repurchase authorization authorizes the company to purchase up to 13.7% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.

Citigroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 4th were issued a $0.60 dividend. The ex-dividend date was Monday, May 4th. This represents a $2.40 annualized dividend and a yield of 1.7%. Citigroup’s dividend payout ratio (DPR) is 29.74%.

Insider Activity at Citigroup

In other news, insider Edward Skyler sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $131.41, for a total transaction of $3,285,250.00. Following the transaction, the insider directly owned 182,022 shares of the company’s stock, valued at approximately $23,919,511.02. The trade was a 12.08% 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, Director John Cunningham Dugan sold 2,117 shares of the company’s 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 owned 12,194 shares of the company’s stock, valued at approximately $1,527,908.20. This represents a 14.79% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 0.11% of the company’s stock.

Analyst Ratings Changes

C has been the topic of several analyst reports. Barclays lifted their price objective on Citigroup from $146.00 to $154.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. Evercore set a $139.00 price target on Citigroup in a research report on Wednesday, April 15th. Oppenheimer reaffirmed an “outperform” rating and issued a $145.00 price target on shares of Citigroup in a research note on Friday, May 8th. Zacks Research downgraded Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Finally, JPMorgan Chase & Co. increased their price objective on Citigroup from $131.00 to $135.50 and gave the company an “overweight” rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Citigroup presently has an average rating of “Moderate Buy” and a consensus price target of $137.79.

Check Out Our Latest Stock Analysis on C

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: Citi’s latest macro view suggests the Federal Reserve may keep rates higher for longer, which could boost net interest income for Citigroup (C) if short-term yields remain elevated. Citi Predicts Fed Rate Cuts Will Come Later Than Expected
Positive Sentiment: The bank also announced a leadership move in Asia, appointing JianXun Toh to lead corporate banking in Japan, Asia North and Australia, reinforcing its push to grow institutional banking in a key region. Citigroup (C) Appoints JianXun Toh To Lead Corporate Banking In JANA
Positive Sentiment: Analyst sentiment remains supportive, with Citigroup receiving a consensus “Moderate Buy” rating, which can help reinforce investor confidence in the stock. Citigroup Inc. (NYSE:C) Receives Consensus Recommendation of “Moderate Buy” from Analysts
Neutral Sentiment: Citi also highlighted innovation in asset management with a new report on “operational alpha,” underscoring its broader financial-services research franchise, though the direct stock impact is limited. Citi and CREATE-Research Report: Innovation in Asset Management Pivots to ‘Operational Alpha’
Negative Sentiment: A Reuters/Fox Business report said the Justice Department is probing transactions tied to a network linked to Iran’s supreme leader, including possible connections to Wall Street firms such as Citigroup, creating headline risk for the bank. DOJ probes JPMorgan, Citigroup transactions tied to Iran supreme leader’s business network

About Citigroup

(Free Report)

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.