Advisors Management Group Inc. ADV Reduces Position in Citigroup Inc. $C

Advisors Management Group Inc. ADV trimmed its holdings in Citigroup Inc. (NYSE:C) by 18.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 24,619 shares of the company’s stock after selling 5,423 shares during the quarter. Advisors Management Group Inc. ADV’s holdings in Citigroup were worth $2,873,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in C. Elmwood Wealth Management Inc. grew its holdings in shares of Citigroup by 1.3% during the fourth quarter. Elmwood Wealth Management Inc. now owns 6,845 shares of the company’s stock worth $799,000 after purchasing an additional 85 shares during the last quarter. Park Place Capital Corp lifted its holdings in shares of 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. SeaCrest Wealth Management LLC lifted its holdings in shares of Citigroup by 0.6% in the 4th quarter. SeaCrest Wealth Management LLC now owns 15,411 shares of the company’s stock valued at $1,870,000 after purchasing an additional 97 shares during the last quarter. Boltwood Capital Management increased its position in Citigroup by 2.6% during the fourth quarter. Boltwood Capital Management now owns 3,893 shares of the company’s stock worth $454,000 after buying an additional 98 shares during the period. Finally, FMB Wealth Management grew its position in shares of Citigroup by 4.1% during the third quarter. FMB Wealth Management now owns 2,618 shares of the company’s stock worth $266,000 after acquiring an additional 103 shares during the last quarter. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

C has been the subject of several recent research reports. Wolfe Research reiterated an “outperform” rating and set a $141.00 target price on shares of Citigroup in a research note on Wednesday, January 7th. Piper Sandler set a $135.00 price objective on shares of Citigroup in a research report on Thursday, January 15th. Oppenheimer cut their price target on shares of Citigroup from $144.00 to $132.00 and set an “outperform” rating for the company in a report on Friday. Morgan Stanley set a $152.00 price objective on Citigroup in a report on Tuesday, February 17th. Finally, Keefe, Bruyette & Woods increased their price objective on Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, Citigroup presently has an average rating of “Moderate Buy” and a consensus target price of $127.00.

Insider Buying and Selling

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $111.09, for a total value of $4,796,088.57. Following the completion of the transaction, the insider directly owned 45,835 shares in the company, valued at approximately $5,091,810.15. This represents a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.08% of the company’s stock.

Citigroup Stock Performance

NYSE:C opened at $107.40 on Friday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 1.00. The firm has a market cap of $187.87 billion, a PE ratio of 15.41, a P/E/G ratio of 0.69 and a beta of 1.17. The firm has a 50 day simple moving average of $112.90 and a 200-day simple moving average of $108.13. Citigroup Inc. has a 1-year low of $55.51 and a 1-year high of $125.16.

Citigroup (NYSE:C) last announced its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.65 by $0.16. The firm had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. Citigroup’s revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.34 earnings per share. On average, equities analysts expect that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Dividend Announcement

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

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi’s push into London bullion custody and clearing is a strategic growth move that diversifies fee revenue and positions the bank in a recovering gold market; this expansion can lift non‑interest income over time. Read More.
• Positive Sentiment: Recent analyst actions are supportive: Jefferies initiated coverage with a buy/strong‑buy and Jefferies/Oppenheimer maintain above‑market targets ($135 and $132 noted), which can provide a floor for longer‑term investor demand. Read More. and Read More.
• Neutral Sentiment: Management/headcount moves in Asia (senior banker departures) are being reported; such changes can create short‑term noise but are not yet tied to Citi’s core U.S. earnings outlook. Read More.
• Neutral Sentiment: Citi commentary on payments, stablecoins and digital initiatives signals ongoing strategic investments in fee businesses; these are long‑lead revenue drivers rather than immediate EPS catalysts. Read More.
• Negative Sentiment: Bloomberg reported Citi is weighing a purchase of a large U.S. regional bank or brokerage — a high‑profile M&A rumor that triggered selling due to uncertainty over cost, regulatory scrutiny and potential execution risk. Citi later called the report “baseless speculation,” but the initial leak moved the tape. Read More. and Read More.
• Negative Sentiment: Broad weakness in financials amplified Citigroup’s decline today; the NYSE financial index dropped and traders rotated out of banking names on the headlines, increasing downside pressure. Read More.

About Citigroup

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.