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C-CITIGROUP INC

Berkshire Hathaway Sells 74% of Citigroup Stake Amid Broader Banking Sector Concerns

Wednesday

26 February, 2025

Warren Buffett's Berkshire Hathaway has dramatically cut its Citigroup stake by 74%, raising eyebrows in the banking sector. With Citigroup's stock trading at a discount and the Federal Reserve's shifting policies, is this a sign of deeper issues or a potential buying opportunity?

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67
Key Takeaways
  • Citigroup is expected to achieve earnings of $7.53 per share, indicating a positive financial trajectory.
  • The stock has experienced a notable 42% increase in value over the past six months.
  • Despite Berkshire Hathaway's recent sell-off, Citigroup maintains a Zacks Rank of 1, suggesting strong investor confidence.
  • Trading at a 17% discount to its book value may offer a favorable entry point for investors.
  • The company's robust fundamentals and market performance suggest promising growth prospects ahead.
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