D.A. Davidson & CO. Has $7.80 Million Stock Position in Citigroup Inc. $C

Posted by Francis Steltz on Jul 18th, 2026

D.A. Davidson & CO. cut its stake in shares of Citigroup Inc. (NYSE:C – Free Report) by 9.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 68,750 shares of the company’s stock after selling 7,204 shares during the period. D.A. Davidson & CO.’s holdings in Citigroup were worth $7,797,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of C. Norges Bank bought a new stake in shares of Citigroup during the 4th quarter valued at about $2,800,944,000. Vanguard Group Inc. increased its stake in Citigroup by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 163,239,926 shares of the company’s stock valued at $19,048,467,000 after purchasing an additional 4,938,923 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Citigroup in the 4th quarter valued at about $298,082,000. SG Americas Securities LLC grew its stake in Citigroup by 291.4% in the fourth quarter. SG Americas Securities LLC now owns 1,319,549 shares of the company’s stock valued at $153,978,000 after acquiring an additional 2,008,946 shares during the period. Finally, Deutsche Bank AG increased its holdings in shares of Citigroup by 28.4% during the fourth quarter. Deutsche Bank AG now owns 7,158,142 shares of the company’s stock valued at $835,284,000 after acquiring an additional 1,582,150 shares in the last quarter. 71.72% of the stock is currently owned by institutional investors.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: Citigroup was added to Zacks’ Rank #1 (Strong Buy) list, signaling improving earnings momentum and potentially attracting more near-term buying. New Strong Buy Stocks for July 17th
Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 earnings estimates for Citigroup, reinforcing the view that profits may continue trending higher. Citigroup stock page / analyst estimate update
Positive Sentiment: Market commentary highlighted Citigroup as one of the standouts in early Q2 bank earnings, alongside peers that beat expectations, which supports the broader bullish case for the shares. Q2 Earnings: 2 Winners and 1 Loser So Far
Positive Sentiment: Citigroup’s Q2 results beat estimates, with revenue and EPS both coming in above Wall Street forecasts, keeping investor sentiment constructive after the earnings release. Citigroup earnings data
Neutral Sentiment: Citigroup announced a full redemption of its Series T preferred stock, which is a capital-structure change but not a major operating catalyst by itself. Citigroup Announces Full Redemption of Series T Preferred Stock
Neutral Sentiment: Several brokerage and market items reiterated or discussed Citigroup’s valuation and relative attractiveness versus peers, adding context but not introducing a major new surprise. Citigroup vs. Wells Fargo: Which Bank Stock Looks Attractive Post Q2 Results?

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. UBS Group lifted their target price on Citigroup from $134.00 to $150.00 and gave the company a “neutral” rating in a research report on Tuesday, July 7th. Royal Bank Of Canada restated an “outperform” rating and issued a $150.00 price objective on shares of Citigroup in a research note on Wednesday. Wells Fargo & Company raised their target price on Citigroup from $162.00 to $165.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. Truist Financial reduced their target price on Citigroup from $158.00 to $154.00 and set a “buy” rating for the company in a report on Wednesday. Finally, JPMorgan Chase & Co. lifted their price target on Citigroup from $135.50 to $149.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $145.67.

Check Out Our Latest Stock Analysis on C

Insider Activity

In other news, Director John Cunningham Dugan sold 2,117 shares of the stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $125.30, for a total transaction of $265,260.10. Following the sale, the director directly owned 12,194 shares of the company’s stock, valued at $1,527,908.20. This represents a 14.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.11% of the stock is currently owned by company insiders.

Citigroup Stock Performance

C opened at $129.46 on Friday. The company has a 50 day simple moving average of $134.34 and a two-hundred day simple moving average of $123.33. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.99. The firm has a market cap of $220.81 billion, a P/E ratio of 13.98, a PEG ratio of 0.60 and a beta of 1.11. Citigroup Inc. has a 1-year low of $87.94 and a 1-year high of $147.96.

Citigroup (NYSE:C – Get Free Report) last announced its earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.74 by $0.41. Citigroup had a net margin of 10.23% and a return on equity of 10.15%. The firm had revenue of $24.75 billion for the quarter, compared to analysts’ expectations of $23.74 billion. During the same period in the prior year, the company earned $1.96 EPS. The business’s revenue was up 14.5% compared to the same quarter last year. Equities analysts forecast that Citigroup Inc. will post 11.15 earnings per share for the current fiscal year.

Citigroup announced that its board has initiated a share repurchase plan on Thursday, May 7th that authorizes the company to repurchase $30.00 billion in outstanding shares. This repurchase authorization authorizes the company to buy up to 13.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Citigroup Company Profile

(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.