Intact Investment Management Inc. Cuts Stock Position in Citigroup Inc. $C

Intact Investment Management Inc. lessened its position in Citigroup Inc. (NYSE:C) by 74.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,100 shares of the company’s stock after selling 38,700 shares during the quarter. Intact Investment Management Inc.’s holdings in Citigroup were worth $1,529,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Mcdonald Partners LLC raised its holdings in shares of Citigroup by 3.1% in the 4th quarter. Mcdonald Partners LLC now owns 26,035 shares of the company’s stock valued at $3,038,000 after buying an additional 775 shares during the period. Core Alternative Capital raised its holdings in shares of Citigroup by 355.6% in the 4th quarter. Core Alternative Capital now owns 2,319 shares of the company’s stock valued at $271,000 after buying an additional 1,810 shares during the period. Grantvest Financial Group LLC acquired a new position in Citigroup during the 4th quarter worth $205,000. Souders Financial Advisors acquired a new stake in Citigroup in the 4th quarter valued at about $204,000. Finally, Legacy Edge Advisors LLC acquired a new position in shares of Citigroup during the fourth quarter worth about $416,000. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Insider Buying and Selling at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of Citigroup 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 transaction, the insider owned 45,835 shares in the company, valued at approximately $5,091,810.15. This trade represents a 48.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Edward Skyler sold 25,000 shares of Citigroup stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $131.41, for a total value of $3,285,250.00. Following the completion of the transaction, the insider owned 182,022 shares in the company, valued at $23,919,511.02. The trade was a 12.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 92,318 shares of company stock worth $10,764,814 in the last 90 days. Insiders own 0.11% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently commented on C shares. Wolfe Research reissued an “outperform” rating and set a $141.00 price objective on shares of Citigroup in a research report on Wednesday, January 7th. Keefe, Bruyette & Woods boosted their price objective on Citigroup from $131.00 to $140.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 15th. Oppenheimer boosted their price objective on Citigroup from $132.00 to $144.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 15th. UBS Group reiterated a “neutral” rating and issued a $132.00 price objective on shares of Citigroup in a report on Thursday, January 15th. Finally, Evercore set a $139.00 price objective on Citigroup in a report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Citigroup currently has an average rating of “Moderate Buy” and a consensus price target of $136.79.

Citigroup Stock Performance

NYSE C opened at $125.58 on Tuesday. Citigroup Inc. has a 1-year low of $69.17 and a 1-year high of $135.29. The company has a market capitalization of $215.36 billion, a P/E ratio of 15.56, a PEG ratio of 0.57 and a beta of 1.14. The business has a 50 day moving average price of $117.01 and a 200 day moving average price of $112.36. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.99 and a quick ratio of 1.00.

Citigroup (NYSE:C) last posted its quarterly earnings data on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.43. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The business had revenue of $24.63 billion for the quarter, compared to analysts’ expectations of $22.96 billion. During the same quarter last year, the firm earned $1.96 earnings per share. The business’s revenue was up 14.1% on a year-over-year basis. Sell-side analysts expect that Citigroup Inc. will post 10.66 EPS for the current fiscal year.

Citigroup Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Monday, May 4th will be issued a dividend of $0.60 per share. The ex-dividend date is Monday, May 4th. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. Citigroup’s dividend payout ratio (DPR) is 29.74%.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi is changing its incentives so employees are paid directly for generating banking and wealth referrals, a move designed to boost cross?sell, simplify revenue attribution and align sales incentives across units. This could lift fee income and client origination if execution is smooth. Citigroup sets new rewards structure for banking and wealth referrals
• Positive Sentiment: Citi launched an internal platform to deploy AI agents across banking workflows — a potential efficiency and productivity lever that could reduce operating costs and speed client servicing and product rollouts. Citi Debuts Platform to Bring AI Agents to Banking Work
• Positive Sentiment: Citi hired Raj Rathi as head of M&A in India, signaling investment in deal origination and growth in a high?potential market — supportive for future fee revenue in corporate banking and advisory. Citi Hires Raj Rathi From Dream Sports as Head of M&A in India
• Positive Sentiment: Analyst sentiment and targets remain constructive: a recent price?target raise and bullish analyst writeups highlight expectations for continued earnings growth and multiple expansion as Citi executes. These inputs can support investor confidence over time. Citigroup (NYSE:C) Price Target Raised to $135.50
• Positive Sentiment: Zacks and other coverage point to Citi as a long?term growth candidate based on style scores and recent performance, reinforcing the narrative that the bank can continue to outpace peers if margins and credit trends hold. Why Citigroup (C) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: A reported $52 million payment related to banker Viswas Raghavan draws headlines but is small relative to Citi’s scale; impact is likely limited to reputation/one?off expense rather than fundamentals. Indian-origin banker Viswas Raghavan to receive $52 million from Citigroup
• Neutral Sentiment: Citi Wealth’s Investment Lab published research challenging common timing assumptions for investing at S&P highs — useful for thought leadership and client engagement but with uncertain direct revenue impact. Citi’s data could change how you invest at S&P 500 highs

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.