Allspring Global Investments Holdings LLC Sells 98,468 Shares of Citigroup Inc. $C

Posted by George Bondi on Jul 17th, 2026

Allspring Global Investments Holdings LLC trimmed its position in shares of Citigroup Inc. (NYSE:C – Free Report) by 5.6% during the first quarter, Holdings Channel.com reports. The institutional investor owned 1,655,470 shares of the company’s stock after selling 98,468 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Citigroup were worth $190,876,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its position in Citigroup by 166.9% during the fourth quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock worth $1,407,000 after buying an additional 12,499 shares during the last quarter. Sivia Capital Partners LLC lifted its position in shares of Citigroup by 20.5% in the second quarter. Sivia Capital Partners LLC now owns 9,805 shares of the company’s stock valued at $835,000 after buying an additional 1,669 shares during the last quarter. United Bank bought a new position in shares of Citigroup during the 2nd quarter worth approximately $972,000. Osterweis Capital Management Inc. boosted its stake in shares of Citigroup by 3,016.7% during the 2nd quarter. Osterweis Capital Management Inc. now owns 935 shares of the company’s stock worth $80,000 after acquiring an additional 905 shares during the period. Finally, HUB Investment Partners LLC increased its holdings in shares of Citigroup by 26.9% during the 2nd quarter. HUB Investment Partners LLC now owns 15,287 shares of the company’s stock worth $1,301,000 after acquiring an additional 3,238 shares during the last quarter. 71.72% of the stock is owned by institutional investors.

Citigroup Trading Down 2.4%

Shares of Citigroup stock opened at $131.61 on Friday. Citigroup Inc. has a 52-week low of $87.94 and a 52-week high of $147.96. The stock has a market cap of $224.47 billion, a PE ratio of 14.21, a PEG ratio of 0.62 and a beta of 1.11. The firm has a 50-day moving average of $134.26 and a 200-day moving average of $123.28. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 0.99.

Citigroup (NYSE:C – Get Free Report) last issued its quarterly earnings data on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, topping 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 business had revenue of $24.75 billion during the quarter, compared to analysts’ expectations of $23.74 billion. During the same quarter in the previous year, the company earned $1.96 EPS. The business’s revenue was up 14.5% on a year-over-year basis. As a group, sell-side analysts forecast that Citigroup Inc. will post 11.13 EPS for the current year.

Citigroup declared that its Board of Directors has approved a share buyback program 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 stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its shares are undervalued.

Insider Transactions at Citigroup

In other Citigroup news, Director John Cunningham Dugan sold 2,117 shares of the firm’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $125.30, for a total transaction of $265,260.10. Following the transaction, the director owned 12,194 shares in the company, valued at $1,527,908.20. This trade represents a 14.79% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.11% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the company. JPMorgan Chase & Co. increased their price target on Citigroup from $135.50 to $149.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Barclays upped their price objective on shares of Citigroup from $146.00 to $154.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. Oppenheimer lowered shares of Citigroup from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 30th. Wall Street Zen upgraded shares of Citigroup from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Finally, Piper Sandler reaffirmed an “overweight” rating and set a $145.00 target price (up from $125.00) on shares of Citigroup in a report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $145.67.

View Our Latest Stock Report on C

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: Citigroup posted a standout Q2, with revenue reaching a decade-high $24.75 billion and EPS of $3.15, both above expectations; the company also showed broad strength across trading and investment banking. Citigroup Inc (C) Q2 2026 Earnings Call Highlights: Record Revenue and Strategic Investments …
Positive Sentiment: Analysts highlighted Citigroup as one of the early Q2 earnings winners, and both RBC and Truist reaffirmed bullish ratings, underscoring confidence in Citi’s momentum and restructuring progress. Q2 Earnings: 2 Winners and 1 Loser So Far
Positive Sentiment: Citigroup announced the full redemption of $1.5 billion of Series T preferred stock, a capital-management move that may be viewed favorably by investors if it simplifies the balance sheet and reduces preferred obligations. Citigroup Announces Full Redemption of Series T Preferred Stock
Neutral Sentiment: Citigroup’s Indian clients are increasingly hedging against rupee volatility, a reminder that Citi’s global markets franchise remains active but not necessarily a near-term earnings catalyst. Citigroup’s Indian Clients Shift Focus to Rupee Volatility
Negative Sentiment: Despite the earnings beat, shares have weakened because investors are worried that higher expenses and ongoing investment spending could limit second-half profitability. US Stock Market: Citigroup shares slide after upbeat results fail to ease worries over higher costs

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.