Sequoia Financial Advisors LLC Has $21.04 Million Holdings in Citigroup Inc. $C

Sequoia Financial Advisors LLC increased its position in shares of Citigroup Inc. (NYSE:C) by 3.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 247,126 shares of the company’s stock after acquiring an additional 8,337 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Citigroup were worth $21,035,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in C. Brighton Jones LLC raised its holdings in shares of Citigroup by 166.9% during the fourth quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock valued at $1,407,000 after acquiring an additional 12,499 shares during the period. GAMMA Investing LLC grew its position in Citigroup by 12.7% during the first quarter. GAMMA Investing LLC now owns 34,236 shares of the company’s stock valued at $2,430,000 after purchasing an additional 3,855 shares in the last quarter. Krilogy Financial LLC purchased a new position in Citigroup during the first quarter valued at approximately $764,000. Tritonpoint Wealth LLC grew its position in Citigroup by 51.0% during the first quarter. Tritonpoint Wealth LLC now owns 4,393 shares of the company’s stock valued at $312,000 after purchasing an additional 1,483 shares in the last quarter. Finally, Grant Private Wealth Management Inc purchased a new position in Citigroup during the first quarter valued at approximately $244,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Citigroup Stock Performance

C stock opened at $93.87 on Monday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.61. The company has a market capitalization of $172.81 billion, a price-to-earnings ratio of 13.87, a P/E/G ratio of 0.83 and a beta of 1.37. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $105.59. The firm has a 50 day moving average of $97.00 and a two-hundred day moving average of $83.87.

Citigroup (NYSE:C) last posted its earnings results on Tuesday, July 15th. The company reported $1.96 EPS for the quarter, topping the consensus estimate of $1.61 by $0.35. Citigroup had a net margin of 8.44% and a return on equity of 7.29%. The company had revenue of $21.67 billion during the quarter, compared to the consensus estimate of $20.75 billion. During the same period in the previous year, the firm posted $1.52 earnings per share. The company’s revenue for the quarter was up 8.2% compared to the same quarter last year. Citigroup has set its FY 2025 guidance at EPS. As a group, equities analysts anticipate that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Insider Buying and Selling at Citigroup

In other news, Director Peter B. Henry sold 3,000 shares of the business’s stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $90.40, for a total value of $271,200.00. Following the completion of the sale, the director directly owned 2,140 shares in the company, valued at approximately $193,456. The trade was a 58.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.08% of the company’s stock.

Analyst Upgrades and Downgrades

C has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Citigroup in a research report on Wednesday, October 8th. UBS Group reaffirmed a “neutral” rating and set a $89.00 price objective on shares of Citigroup in a research report on Tuesday, July 15th. Dbs Bank downgraded shares of Citigroup from a “moderate buy” rating to a “hold” rating in a research report on Monday, September 22nd. TD Cowen boosted their price objective on shares of Citigroup from $85.00 to $95.00 and gave the company a “hold” rating in a research report on Wednesday, July 16th. Finally, Morgan Stanley lifted their target price on shares of Citigroup from $107.00 to $129.00 and gave the company an “overweight” rating in a research note on Monday, September 29th. Eleven equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $99.68.

Citigroup Profile

Citigroup Inc, a diversified financial service holding company, provides various financial product and services to consumers, corporations, governments, and institutions worldwide. It operates through five segments: Services, Markets, Banking, U.S. Personal Banking, and Wealth. The Services segment includes Treasury and Trade Solutions, which provides cash management, trade, and working capital solutions to multinational corporations, financial institutions, and public sector organizations; and Securities Services, such as cross-border support for clients, local market expertise, post-trade technologies, data solutions, and various securities services solutions.