Advisors Management Group Inc. ADV Sells 5,423 Shares of Citigroup Inc. $C

Advisors Management Group Inc. ADV lessened its holdings in shares of Citigroup Inc. (NYSE:C) by 18.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the business. Wolff Wiese Magana LLC boosted its holdings in Citigroup by 87.6% in the 3rd quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock worth $26,000 after buying an additional 120 shares during the period. Dunhill Financial LLC boosted its stake in shares of Citigroup by 92.2% in the third quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock worth $32,000 after acquiring an additional 153 shares during the period. Guerra Advisors Inc purchased a new stake in shares of Citigroup during the third quarter worth about $33,000. Howard Hughes Medical Institute purchased a new stake in shares of Citigroup during the second quarter worth about $34,000. Finally, Capital A Wealth Management LLC bought a new stake in Citigroup during the 2nd quarter valued at approximately $38,000. Institutional investors own 71.72% of the company’s stock.

Insider Transactions at Citigroup

In other news, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction that occurred on 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 in the company, valued at $5,091,810.15. The trade was a 48.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.08% of the stock is currently owned by company insiders.

More Citigroup News

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.

Analyst Ratings Changes

A number of equities research analysts recently commented on the company. Wolfe Research reiterated an “outperform” rating and issued a $141.00 target price on shares of Citigroup in a research report on Wednesday, January 7th. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a research report on Wednesday, January 21st. UBS Group reaffirmed a “neutral” rating and set a $132.00 price target on shares of Citigroup in a research note on Thursday, January 15th. Barclays increased their price objective on shares of Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Finally, Wells Fargo & Company set a $150.00 price objective on shares of Citigroup in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $127.00.

Citigroup Trading Down 4.5%

NYSE:C opened at $107.40 on Friday. The stock has a market capitalization of $187.87 billion, a price-to-earnings ratio of 15.41, a PEG ratio of 0.69 and a beta of 1.17. Citigroup Inc. has a 52 week low of $55.51 and a 52 week high of $125.16. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. The firm has a 50 day moving average of $112.90 and a 200 day moving average of $108.13.

Citigroup (NYSE:C) last posted its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $20.99 billion. During the same quarter in the previous year, the business earned $1.34 EPS. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 2nd were paid 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%.

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.