Spectrum Financial Alliance Ltd LLC Raises Holdings in Citigroup Inc. $C

Spectrum Financial Alliance Ltd LLC grew its stake in shares of Citigroup Inc. (NYSE:C) by 6.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 641,023 shares of the company’s stock after buying an additional 39,738 shares during the quarter. Citigroup accounts for approximately 14.8% of Spectrum Financial Alliance Ltd LLC’s portfolio, making the stock its biggest position. Spectrum Financial Alliance Ltd LLC’s holdings in Citigroup were worth $74,801,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in C. Elmwood Wealth Management Inc. raised its position in Citigroup by 1.3% in the 4th quarter. Elmwood Wealth Management Inc. now owns 6,845 shares of the company’s stock worth $799,000 after purchasing an additional 85 shares during the period. Park Place Capital Corp raised its position in Citigroup by 16.7% in the 4th quarter. Park Place Capital Corp now owns 595 shares of the company’s stock worth $69,000 after purchasing an additional 85 shares during the period. N.E.W. Advisory Services LLC raised its position in Citigroup by 14.9% in the 4th quarter. N.E.W. Advisory Services LLC now owns 703 shares of the company’s stock worth $82,000 after purchasing an additional 91 shares during the period. LeConte Wealth Management LLC raised its position in Citigroup by 3.9% in the 4th quarter. LeConte Wealth Management LLC now owns 2,502 shares of the company’s stock worth $292,000 after purchasing an additional 94 shares during the period. Finally, SeaCrest Wealth Management LLC increased its position in shares of Citigroup by 0.6% in the fourth quarter. SeaCrest Wealth Management LLC now owns 15,411 shares of the company’s stock valued at $1,870,000 after acquiring an additional 97 shares during the period. Institutional investors and hedge funds own 71.72% of the company’s stock.

Insider Activity

In related news, insider Edward Skyler sold 25,000 shares of the business’s 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 sale, the insider owned 182,022 shares of the company’s stock, valued at $23,919,511.02. The trade was a 12.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Cantu Ernesto Torres sold 43,173 shares of the business’s 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 sale, the insider directly owned 45,835 shares in the company, valued at $5,091,810.15. The trade was a 48.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 92,318 shares of company stock worth $10,764,814 in the last three months. 0.11% of the stock is currently owned by insiders.

Citigroup Trading Up 0.6%

Shares of C traded up $0.72 during trading hours on Thursday, reaching $128.33. 909,834 shares of the company traded hands, compared to its average volume of 14,185,969. The company’s fifty day moving average price is $116.77 and its two-hundred day moving average price is $112.05. The company has a market capitalization of $220.08 billion, a price-to-earnings ratio of 15.89, a price-to-earnings-growth ratio of 0.58 and a beta of 1.11. The company has a quick ratio of 1.00, a current ratio of 0.99 and a debt-to-equity ratio of 1.59. Citigroup Inc. has a 12 month low of $67.89 and a 12 month high of $135.29.

Citigroup (NYSE:C) last announced its earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $0.43. The firm had revenue of $24.63 billion for 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%. The company’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.96 EPS. Equities research analysts predict that Citigroup Inc. will post 10.62 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

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

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS forecasts for Citigroup, signaling improved analyst expectations after Citi’s strong Q1 print — a direct earnings tailwind for the stock. Erste Group raises FY2026/FY2027 estimates for Citigroup
• Positive Sentiment: Citi is beefing up front-office capabilities: it hired JPMorgan’s Bhavin Shukla to lead Asia infrastructure and added Barclays’ Potts to run its shareholder-advisory arm (ex?North America). Those senior hires support fee revenue growth in high?margin cross?border M&A and infrastructure deals. Citigroup Hires JPMorgan’s Shukla as Head of Asia Infrastructure Citi hires Barclays’ Potts to head shareholder advisory arm
• Positive Sentiment: Citi’s wealth unit pushed a strategic partnership with Advyzon to expand its advisory platform, supporting recurring fee income and wealth?management growth targets. Citigroup Strengthens Advisory Unit
• Neutral Sentiment: Citi research upgraded its long?run AI market view — forecasting a ~$4.2T AI opportunity and naming Anthropic a leader — which bolsters Citi’s research/IB thought leadership but is a longer?term revenue story. Citi Projects $4 Trillion AI Market Fueled by Enterprise Growth
• Neutral Sentiment: Macro backdrop: the Fed’s pause/uneven vote keeps rate expectations in focus for net?interest?income trajectories at big banks — a mixed influence on bank stocks. Fed Leaves Interest Rates Unchanged In Unusually Divided Vote
• Negative Sentiment: Quiver/13F data flagged sizable institutional rebalancing (notably UBS trimming ~36.8M shares) and multiple insider sales in recent months — selling pressure that can cap near?term upside despite positive company news. QuiverQuant: Institutional moves and insider sales in C
• Negative Sentiment: Crypto and geopolitical headlines (Anthropic restrictions, Middle East uncertainty) heighten market volatility and could indirectly pressure risk?sensitive trading and investment?banking flows. Trump Administration Halts Anthropic’s Mythos AI Expansion Plans Over Security Fears

Wall Street Analysts Forecast Growth

C has been the topic of a number of analyst reports. Keefe, Bruyette & Woods boosted their price objective on shares of Citigroup from $131.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday, April 15th. The Goldman Sachs Group boosted their price objective on shares of Citigroup from $137.00 to $151.00 and gave the company a “buy” rating in a research report on Wednesday, April 15th. Evercore set a $139.00 price objective on shares of Citigroup in a research report on Wednesday, April 15th. Wells Fargo & Company boosted their price objective on shares of Citigroup from $160.00 to $162.00 and gave the company an “overweight” rating in a research report on Wednesday. Finally, Piper Sandler restated an “overweight” rating and issued a $145.00 price objective (up from $125.00) on shares of Citigroup in a research report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Citigroup has an average rating of “Moderate Buy” and an average price target of $136.06.

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.