Sequoia Financial Advisors LLC Boosts Position in Citigroup Inc. $C

Sequoia Financial Advisors LLC increased its holdings in shares of Citigroup Inc. (NYSE:C) by 2.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 268,562 shares of the company’s stock after purchasing an additional 5,672 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Citigroup were worth $31,338,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its stake in Citigroup by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 163,239,926 shares of the company’s stock worth $19,048,467,000 after purchasing an additional 4,938,923 shares during the last quarter. Capital World Investors lifted its stake in Citigroup by 6.5% in the third quarter. Capital World Investors now owns 47,262,626 shares of the company’s stock valued at $4,797,292,000 after buying an additional 2,871,074 shares during the last quarter. Fisher Asset Management LLC lifted its stake in Citigroup by 2.7% in the third quarter. Fisher Asset Management LLC now owns 33,040,513 shares of the company’s stock valued at $3,353,612,000 after buying an additional 879,056 shares during the last quarter. Franklin Resources Inc. lifted its stake in Citigroup by 1.8% in the third quarter. Franklin Resources Inc. now owns 32,870,559 shares of the company’s stock valued at $3,336,362,000 after buying an additional 580,027 shares during the last quarter. Finally, Bank of New York Mellon Corp lifted its stake in Citigroup by 17.6% in the third quarter. Bank of New York Mellon Corp now owns 28,125,995 shares of the company’s stock valued at $2,854,788,000 after buying an additional 4,211,099 shares during the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Investor Day brings new profitability and capital targets plus strategy updates, lifting sentiment that Citi can push from turnaround to growth; management presentations are expected to outline higher profit targets, AI use and shareholder actions. Citi Announces 2026 Investor Day
• Positive Sentiment: Citi rolls out Citi Sky, an AI assistant for wealth clients built with Google Cloud/DeepMind — a tangible example of deploying generative AI in fee?based businesses that could help revenue mix and margins in wealth management. Citi Sky AI Assistant Highlights Citigroup Wealth Push With Google Partnership
• Positive Sentiment: Analyst commentary is constructive — UBS says Citi should target a 14–15% return on tangible common equity in the medium term, supporting expectations for higher long?run profitability and shareholder returns. Citigroup Should Aim for Return on Tangible Common Equity of 14% to 15% in Medium Term, UBS Says
• Neutral Sentiment: Citi increased the waterfall cap and pricing terms in offers to repurchase three series of its notes — an active liability?management step that can tidy the balance sheet but has mixed near?term cash/credit implications. Citi Announces Increasing the Waterfall Cap and Pricing Terms of Offers to Purchase Three Series of Outstanding Citigroup Inc. Notes
• Neutral Sentiment: Internal pay changes (new “partnership awards”) aim to boost cross?selling between banking and wealth teams — positive for long?term collaboration but neutral near term until results are visible. Citi changes referral pay for bankers and wealth advisers
• Negative Sentiment: High expectations from Investor Day create execution risk — outlets caution the event will test confidence in CEO Jane Fraser; failure to materially lift targets or demonstrate sustainable execution could reverse gains. Citi’s Investor Day Will Test Wall Street’s Confidence in CEO Jane Fraser

Insiders Place Their Bets

In related news, insider Edward Skyler sold 25,000 shares of the company’s stock in a transaction 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 owned 182,022 shares of the company’s stock, valued at $23,919,511.02. This represents a 12.08% decrease in their ownership of the stock. The sale 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 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 directly owned 45,835 shares in the company, valued at $5,091,810.15. This represents 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 ninety days. 0.11% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

C has been the subject of a number of research reports. HSBC reiterated a “buy” rating and issued a $87.00 price objective on shares of Citigroup in a research note on Wednesday, January 7th. Piper Sandler reiterated an “overweight” rating and issued a $145.00 price objective (up from $125.00) on shares of Citigroup in a research note on Wednesday, April 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Citigroup in a research note on Monday, April 20th. Barclays boosted their price objective on Citigroup from $146.00 to $154.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. Finally, Evercore set a $139.00 price objective on Citigroup in a research note 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 assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $136.79.

Citigroup Trading Down 0.4%

NYSE:C opened at $127.52 on Thursday. The firm has a market cap of $218.68 billion, a P/E ratio of 15.80, a PEG ratio of 0.57 and a beta of 1.14. The company has a current ratio of 0.99, a quick ratio of 1.00 and a debt-to-equity ratio of 1.59. The stock’s 50 day simple moving average is $117.59 and its 200-day simple moving average is $112.78. Citigroup Inc. has a 12-month low of $69.65 and a 12-month high of $135.29.

Citigroup (NYSE:C) last released its earnings results 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. The business had revenue of $24.63 billion for the quarter, compared to analyst estimates of $22.96 billion. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.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 company posted $1.96 earnings per share. Equities analysts anticipate that Citigroup Inc. will post 10.66 EPS for the current year.

Citigroup Announces Dividend

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

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.