Citigroup Inc. $C Shares Sold by BDF Gestion

BDF Gestion trimmed its stake in Citigroup Inc. (NYSE:C) by 6.2% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 78,512 shares of the company’s stock after selling 5,232 shares during the quarter. Citigroup accounts for approximately 1.1% of BDF Gestion’s holdings, making the stock its 12th biggest holding. BDF Gestion’s holdings in Citigroup were worth $9,162,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC grew its position in shares of Citigroup by 291.4% during the fourth quarter. SG Americas Securities LLC now owns 1,319,549 shares of the company’s stock worth $153,978,000 after acquiring an additional 2,008,946 shares during the last quarter. Park Place Capital Corp lifted its position in Citigroup by 16.7% in the 4th quarter. Park Place Capital Corp now owns 595 shares of the company’s stock valued at $69,000 after purchasing an additional 85 shares during the last quarter. Baron Financial Group LLC acquired a new position in Citigroup during the 4th quarter valued at about $685,000. Montecito Bank & Trust grew its position in Citigroup by 1.5% in the 4th quarter. Montecito Bank & Trust now owns 6,884 shares of the company’s stock worth $803,000 after purchasing an additional 103 shares during the last quarter. Finally, Norway Savings Bank grew its position in Citigroup by 5.3% in the 4th quarter. Norway Savings Bank now owns 2,897 shares of the company’s stock worth $338,000 after purchasing an additional 147 shares during the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Insiders Place Their Bets

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 completion of the transaction, the insider owned 45,835 shares of the company’s stock, valued at $5,091,810.15. This trade represents a 48.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.08% of the stock is owned by corporate insiders.

Citigroup Price Performance

NYSE C opened at $111.66 on Tuesday. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $125.16. The firm has a market capitalization of $195.33 billion, a PE ratio of 16.02, a P/E/G ratio of 0.70 and a beta of 1.17. The company’s 50 day simple moving average is $113.21 and its 200 day simple moving average is $107.77. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 1.00.

Citigroup (NYSE:C) last released its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.16. The firm had revenue of $19.87 billion during the quarter, compared to the consensus estimate of $20.99 billion. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The firm’s revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.34 earnings per share. As a group, equities research analysts forecast 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. The ex-dividend date was Monday, February 2nd. This represents a $2.40 annualized dividend and a dividend yield of 2.1%. Citigroup’s dividend payout ratio is 34.43%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on C shares. HSBC restated a “buy” rating and issued a $87.00 price target on shares of Citigroup in a research note on Wednesday, January 7th. Zacks Research lowered Citigroup from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. Royal Bank Of Canada restated an “outperform” rating and issued a $121.00 target price on shares of Citigroup in a research report on Thursday, January 15th. Piper Sandler set a $135.00 price target on Citigroup in a research report on Thursday, January 15th. Finally, JPMorgan Chase & Co. increased their price target on Citigroup from $130.00 to $134.00 and gave the stock an “overweight” rating in a research note on Monday, February 9th. Fourteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $127.25.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: BlackRock selection and bullish coverage reaffirm Citi’s strength in ETF/middle‑office services — a durable fee pool that can boost non‑interest income and raise investor confidence in Citi’s growth trajectory. Is Citigroup Inc. (C) one of the Best Forever Stocks to Buy Now?
• Positive Sentiment: Flow into actively managed ETFs is accelerating, supporting demand for middle‑ and back‑office outsourcing — a structural tailwind for banks that provide custody, fund administration and ETF servicing like Citi. This macro trend helps explain why Citi’s ETF servicing win is seen as strategically valuable. Active ETFs Surge Past Passive, and These Are in the Lead
• Neutral Sentiment: Recent analyst pieces highlight Citi as a dividend/long‑term income candidate, underscoring appeal to yield‑seeking investors (valuation and dividend policy remain watchpoints). Are You Looking for a High-Growth Dividend Stock?
• Negative Sentiment: Credit signal: Citi’s credit‑card delinquencies were stable in February, but net charge‑offs ticked higher, and lending activity softened slightly — a development that could pressure loan loss provisions and net interest income if the trend continues. Investors will watch upcoming credit trends and provisioning. Citigroup’s Card Delinquencies Stable, Charge-Offs Rise in February

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.