Citizens & Northern Corp Invests $1.63 Million in Citigroup Inc. $C

Citizens & Northern Corp bought a new position in shares of Citigroup Inc. (NYSE:CFree Report) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 13,930 shares of the company’s stock, valued at approximately $1,625,000.

A number of other institutional investors have also recently modified their holdings of the business. Brighton Jones LLC raised its holdings in Citigroup by 166.9% in the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock worth $1,407,000 after purchasing an additional 12,499 shares during the period. Sivia Capital Partners LLC boosted its position in Citigroup by 20.5% during the second quarter. Sivia Capital Partners LLC now owns 9,805 shares of the company’s stock worth $835,000 after purchasing an additional 1,669 shares in the last quarter. United Bank purchased a new position in Citigroup during the second quarter worth approximately $972,000. Osterweis Capital Management Inc. boosted its position in Citigroup by 3,016.7% during the second quarter. Osterweis Capital Management Inc. now owns 935 shares of the company’s stock worth $80,000 after purchasing an additional 905 shares in the last quarter. Finally, HUB Investment Partners LLC boosted its position in Citigroup by 26.9% during the second quarter. HUB Investment Partners LLC now owns 15,287 shares of the company’s stock worth $1,301,000 after purchasing an additional 3,238 shares in the last quarter. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Citigroup

In related news, insider Edward Skyler sold 25,000 shares of Citigroup 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 owned 182,022 shares in the company, valued at approximately $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 can be accessed through this link. Also, insider Cantu Ernesto Torres sold 43,173 shares of Citigroup stock in a transaction that occurred 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 owned 45,835 shares in the company, valued at approximately $5,091,810.15. The trade was a 48.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 92,318 shares of company stock worth $10,764,814. Company insiders own 0.11% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on C. JPMorgan Chase & Co. lowered their price target on Citigroup from $134.00 to $131.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 7th. HSBC reiterated a “buy” rating and set a $87.00 price target on shares of Citigroup in a research report on Wednesday, January 7th. TD Cowen reiterated a “hold” rating on shares of Citigroup in a research report on Wednesday, January 7th. Zacks Research downgraded Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Finally, Morgan Stanley increased their price target on Citigroup from $140.00 to $144.00 and gave the stock an “overweight” rating 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.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $135.94.

Check Out Our Latest Research Report on C

Citigroup Stock Performance

NYSE C opened at $128.51 on Friday. The company has a market cap of $220.38 billion, a PE ratio of 15.92, a price-to-earnings-growth ratio of 0.58 and a beta of 1.11. The stock’s 50 day simple moving average is $115.53 and its 200-day simple moving average is $111.06. Citigroup Inc. has a 1-year low of $65.78 and a 1-year high of $135.29. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.99 and a quick ratio of 1.00.

Citigroup (NYSE:CGet Free Report) last released its earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.43. The business had revenue of $24.63 billion for the quarter, compared to the consensus estimate of $22.96 billion. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The business’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.96 earnings per share. As a group, equities research analysts anticipate that Citigroup Inc. will post 10.62 EPS for the current fiscal year.

Citigroup Announces Dividend

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

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

  • Positive Sentiment: Q1 earnings and analyst focus reinforce earnings momentum — Citi’s recent quarterly beat and revenue outperformance keep attention on its turnaround and capital returns, supporting investor confidence. Big Bank Earnings Gave Financials a Lift
  • Positive Sentiment: Citi is investing in wealth tech — the bank’s new AI avatar “Sky” for advisors is positioned to boost productivity and client growth in wealth management, a higher‑margin business that investors view as a catalyst for earnings multiple expansion. Citi Is Launching an AI Avatar Named Sky
  • Positive Sentiment: Sell‑side attention remains constructive — analysts and strategist writeups (Zacks and others) are highlighting Citi as a momentum/transformational play within banks, which can sustain buyer interest. The Zacks Analyst Blog
  • Neutral Sentiment: Debt note repurchase offers announced — Citigroup Global Markets commenced offers to purchase several series of Citigroup notes, a balance‑sheet management move that can be neutral to slightly positive (reduces outstanding debt or optimizes capital structure) depending on execution and funding. Citi Announces Offers to Purchase Notes
  • Negative Sentiment: Insider selling — a recent SEC disclosure shows Citigroup insider Edward Skyler sold 25,000 shares, which can trigger short‑term selling pressure or be read as profit‑taking after Citi’s strong run. Investors often treat sizable insider sales as a cautionary signal even if driven by personal liquidity needs. Insider Sale SEC Filing

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.

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Want to see what other hedge funds are holding C? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Citigroup Inc. (NYSE:CFree Report).

Institutional Ownership by Quarter for Citigroup (NYSE:C)

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