Boothe Investment Group Inc. Sells 13,044 Shares of Citigroup Inc. $C

Posted by Brian Himes on Jul 31st, 2026

Boothe Investment Group Inc. cut its stake in Citigroup Inc. (NYSE:C – Free Report) by 14.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 78,633 shares of the company’s stock after selling 13,044 shares during the period. Citigroup comprises approximately 2.9% of Boothe Investment Group Inc.’s holdings, making the stock its 11th largest holding. Boothe Investment Group Inc.’s holdings in Citigroup were worth $8,918,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Vanguard Group Inc. raised 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 acquiring an additional 4,938,923 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Citigroup by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 43,252,372 shares of the company’s stock valued at $5,036,712,000 after purchasing an additional 189,548 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Citigroup by 4.0% in the 4th quarter. Franklin Resources Inc. now owns 34,196,783 shares of the company’s stock worth $3,990,422,000 after purchasing an additional 1,326,224 shares during the last quarter. Fisher Asset Management LLC grew its holdings in shares of Citigroup by 2.6% in the 4th quarter. Fisher Asset Management LLC now owns 33,887,285 shares of the company’s stock worth $3,954,307,000 after purchasing an additional 846,772 shares during the last quarter. Finally, Bank of America Corp DE increased its position in shares of Citigroup by 2.8% during the 1st quarter. Bank of America Corp DE now owns 26,869,012 shares of the company’s stock worth $3,047,215,000 after purchasing an additional 728,043 shares in the last quarter. Institutional investors own 71.72% of the company’s stock.

Insider Buying and Selling

In other Citigroup news, Director John Cunningham Dugan sold 2,117 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $125.30, for a total transaction of $265,260.10. Following the completion of the sale, the director directly owned 12,194 shares of the company’s stock, valued at approximately $1,527,908.20. The trade was a 14.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.11% of the stock is currently owned by insiders.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: Premium-card expansion supports Citi’s consumer strategy. Citi and Mastercard are expanding The Curated Table dining series for Citi Strata Elite cardmembers, adding events in New York, Austin and Miami. The program is unlikely to materially affect near-term earnings, but it may help strengthen card engagement, customer retention and premium-rewards positioning. Citi and Mastercard Expand The Curated Table Series for Fall 2026 with Premium Dining Experiences
Positive Sentiment: New trade-finance platform highlights fee-growth and technology opportunities. Citi launched Citi Consolidate, an Infor Nexus-powered invoice and payables platform for corporate buyers and suppliers in the U.S. and Canada. The service could improve working-capital access for clients, strengthen risk controls and support Citi’s transaction-banking franchise over time. How Investors Are Reacting To Citigroup Launching Its New Citi Consolidate Trade-Finance Platform
Positive Sentiment: Analyst earnings revisions are generally constructive. Erste Group raised its FY2026 EPS estimate to $11.18 from $11.00 and its FY2027 estimate to $12.80 from $12.74. The FY2026 forecast is approximately in line with consensus, while the higher FY2027 estimate signals expectations for continued earnings improvement. Citigroup analyst earnings estimates
Neutral Sentiment: Wall Street sentiment remains an important swing factor. Recent coverage focuses on whether Citi’s rally and earnings momentum justify additional upside, but the article does not identify a clear new consensus target or rating change. Citigroup Stock Outlook: Is Wall Street Bullish or Bearish?
Neutral Sentiment: The Federal Reserve’s decision to hold rates steady is mixed for Citi. Higher rates can support net interest income, but persistent inflation and three dissenting votes favoring a hike increase uncertainty around the economic outlook, credit quality and future monetary policy. Federal Reserve rate decision

Citigroup Stock Performance

C stock opened at $132.36 on Friday. The company has a 50 day moving average price of $135.67 and a 200 day moving average price of $124.10. Citigroup Inc. has a fifty-two week low of $87.94 and a fifty-two week high of $147.96. 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 stock has a market capitalization of $225.75 billion, a PE ratio of 14.29, a price-to-earnings-growth ratio of 0.57 and a beta of 1.11.

Citigroup (NYSE:C – Get Free Report) last announced its quarterly earnings data on Tuesday, July 14th. The company reported $3.15 EPS for the quarter, beating analysts’ consensus estimates of $2.74 by $0.41. The firm had revenue of $24.75 billion for the quarter, compared to analyst estimates of $23.74 billion. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The business’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period last year, the company earned $1.96 EPS. Analysts forecast that Citigroup Inc. will post 11.22 EPS for the current year.

Citigroup declared that its Board of Directors has initiated a stock repurchase plan on Thursday, May 7th that allows the company to repurchase $30.00 billion in outstanding shares. This repurchase authorization allows the company to buy up to 13.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its shares are undervalued.

Citigroup Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Monday, August 3rd will be given a $0.67 dividend. The ex-dividend date is Monday, August 3rd. This is a positive change from Citigroup’s previous quarterly dividend of $0.60. This represents a $2.68 dividend on an annualized basis and a yield of 2.0%. Citigroup’s dividend payout ratio is 25.92%.

Analysts Set New Price Targets

C has been the subject of several analyst reports. Argus set a $150.00 price target on shares of Citigroup in a report on Wednesday, July 15th. Bank of America upped their price objective on shares of Citigroup from $170.00 to $176.00 and gave the stock a “buy” rating in a research note on Tuesday, July 7th. Truist Financial dropped their price objective on shares of Citigroup from $158.00 to $154.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Wells Fargo & Company lifted their target price on shares of Citigroup from $162.00 to $165.00 and gave the company an “overweight” rating in a research note on Thursday, June 18th. Finally, Morgan Stanley boosted their target price on Citigroup from $154.00 to $164.00 and gave the stock an “overweight” rating in a report on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Citigroup presently has a consensus rating of “Moderate Buy” and a consensus price target of $145.67.

Get Our Latest Stock Report on Citigroup

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.