Avior Wealth Management LLC Boosts Position in Citigroup Inc. $C

Avior Wealth Management LLC grew its stake in shares of Citigroup Inc. (NYSE:C) by 295.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 55,883 shares of the company’s stock after buying an additional 41,747 shares during the period. Avior Wealth Management LLC’s holdings in Citigroup were worth $6,521,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new position in Citigroup during the second quarter valued at approximately $2,455,929,000. Bank of New York Mellon Corp lifted its stake in Citigroup by 17.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 28,125,995 shares of the company’s stock worth $2,854,788,000 after purchasing an additional 4,211,099 shares in the last quarter. Capital World Investors boosted its holdings in Citigroup by 6.5% in the 3rd quarter. Capital World Investors now owns 47,262,626 shares of the company’s stock valued at $4,797,292,000 after purchasing an additional 2,871,074 shares during the period. Bessemer Group Inc. boosted its holdings in Citigroup by 6,172.0% in the 3rd quarter. Bessemer Group Inc. now owns 2,904,795 shares of the company’s stock valued at $294,838,000 after purchasing an additional 2,858,481 shares during the period. Finally, Alliancebernstein L.P. grew its position in shares of Citigroup by 52.1% during the 3rd quarter. Alliancebernstein L.P. now owns 5,304,324 shares of the company’s stock valued at $538,389,000 after purchasing an additional 1,816,786 shares in the last quarter. 71.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Wells Fargo & Company set a $150.00 price target on shares of Citigroup in a report on Monday, January 5th. Zacks Research lowered Citigroup from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. The Goldman Sachs Group upped their target price on Citigroup from $113.00 to $127.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Keefe, Bruyette & Woods raised their price target on Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a report on Wednesday, December 17th. Finally, JPMorgan Chase & Co. lifted their price target on Citigroup from $130.00 to $134.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Fourteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $127.25.

Citigroup Stock Performance

NYSE C opened at $109.85 on Friday. Citigroup Inc. has a 52-week low of $55.51 and a 52-week high of $125.16. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market capitalization of $192.17 billion, a P/E ratio of 15.76, a P/E/G ratio of 0.69 and a beta of 1.17. The company has a fifty day moving average of $113.57 and a 200-day moving average of $107.40.

Citigroup (NYSE:C) last released its earnings results on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, beating analysts’ consensus estimates of $1.65 by $0.16. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The business had revenue of $19.87 billion for the quarter, compared to analysts’ expectations of $20.99 billion. During the same quarter in the prior year, the firm earned $1.34 earnings per share. The firm’s revenue was up 2.1% on a year-over-year basis. As a group, equities research analysts predict that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 2nd were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Monday, February 2nd. Citigroup’s dividend payout ratio is presently 34.43%.

Insider Buying and Selling at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the firm’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the transaction, the insider directly owned 45,835 shares of the company’s stock, valued at approximately $5,091,810.15. This trade represents a 48.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate insiders own 0.08% of the company’s stock.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi could benefit if regulators ease capital requirements — the Fed’s proposal to relax some capital rules would improve return-on-equity and capital flexibility across big banks, supporting bank stocks including C. Fed proposes easing capital rules for major banks
• Positive Sentiment: Analyst/media pieces are highlighting Citigroup as a bank that can “thrive” in a choppy market — favorable coverage can attract buyers and support multiple expansion. Citigroup and 5 More Bank Stocks Set to Thrive in a Choppy Market
• Positive Sentiment: Citi’s own research activity (e.g., initiating coverage with upbeat ratings) signals ongoing franchise strength in institutional research/trading, which can support fee revenue and client flows. Citigroup initiates coverage on this electric vehicle manufacturer with a rare buy rating
• Neutral Sentiment: Citi’s research desk is recalibrating crypto outlooks (lower 12‑month crypto targets and trims across crypto stocks) — a prudent risk-management stance that could reduce trading volatility but also signals caution around crypto exposure. Citigroup quietly trims most crypto stocks, except one surprise pick
• Neutral Sentiment: Citi macro calls (e.g., predicting Brent crude at $110–$120/bbl) add market context — higher oil can pressure inflation and rates, which has mixed implications for bank earnings and trading revenue. Citi sees Brent rising to $110–120/bbl in the coming days
• Negative Sentiment: Executive turnover — reports that CFO Mark Mason plans to leave by year‑end create short‑term governance/transition uncertainty; investors often discount banks around senior leadership changes. Citi’s Mason plans to leave by year’s end, gunning for a CEO role – report
• Negative Sentiment: Macro headwinds persist — the Fed’s pause but “higher-for-longer” inflation messaging keeps pressure on near-term loan growth and trading; analysts flagged banks sliding after the Fed update, which could cap upside for C. Fed Keeps Rates Steady Amid Rising Inflation: What it Means for Banks

Citigroup Profile

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.