Bayforest Capital Ltd Reduces Position in Citigroup Inc. $C

Bayforest Capital Ltd lessened its position in shares of Citigroup Inc. (NYSE:C) by 89.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 777 shares of the company’s stock after selling 6,308 shares during the quarter. Bayforest Capital Ltd’s holdings in Citigroup were worth $91,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of Citigroup by 166.9% in the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock valued at $1,407,000 after purchasing an additional 12,499 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of Citigroup by 20.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 9,805 shares of the company’s stock valued at $835,000 after purchasing an additional 1,669 shares during the last quarter. United Bank purchased a new position in shares of Citigroup in the 2nd quarter valued at approximately $972,000. Osterweis Capital Management Inc. grew its stake in shares of Citigroup by 3,016.7% in the 2nd quarter. Osterweis Capital Management Inc. now owns 935 shares of the company’s stock valued at $80,000 after purchasing an additional 905 shares during the last quarter. Finally, HUB Investment Partners LLC grew its stake in shares of Citigroup by 26.9% in the 2nd quarter. HUB Investment Partners LLC now owns 15,287 shares of the company’s stock valued at $1,301,000 after purchasing an additional 3,238 shares during the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup Stock Performance

Shares of C stock opened at $129.59 on Thursday. Citigroup Inc. has a 1 year low of $65.78 and a 1 year high of $135.29. The stock has a market cap of $222.23 billion, a PE ratio of 16.06, a P/E/G ratio of 0.59 and a beta of 1.11. The stock has a fifty day moving average price of $115.19 and a 200 day moving average price of $110.94. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.00 and a current ratio of 0.99.

Citigroup (NYSE:C) last released its quarterly earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share for the quarter, topping analysts’ consensus estimates of $2.63 by $0.43. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The company had revenue of $24.63 billion during the quarter, compared to analysts’ expectations of $22.96 billion. During the same period in the previous year, the firm posted $1.96 earnings per share. The business’s revenue for the quarter was up 14.1% compared to the same quarter last year. Sell-side analysts forecast that Citigroup Inc. will post 10.62 earnings per share for the current fiscal year.

Citigroup Announces Dividend

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 given a $0.60 dividend. The ex-dividend date of this dividend is Monday, May 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. Citigroup’s payout ratio is currently 29.74%.

Insider Transactions at Citigroup

In other Citigroup news, insider Edward Skyler sold 25,000 shares of the business’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $131.41, for a total transaction of $3,285,250.00. Following the completion of the sale, the insider owned 182,022 shares of the company’s stock, valued at approximately $23,919,511.02. The trade was a 12.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $111.09, for a total value of $4,796,088.57. Following the sale, 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 disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 92,318 shares of company stock valued at $10,764,814. 0.11% of the stock is owned by company insiders.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Quarterly performance and revenue strength: analysts and outlets note Citi posted decade‑high Q1 revenues and continued broad-based growth, supporting the case that its turnaround under CEO Jane Fraser is progressing. Citigroup Q1 Revenues Hit Decade-High Mark: What’s Fuelling Growth?
• Positive Sentiment: Liability management: Citigroup Global Markets launched offers to purchase three series of outstanding Citigroup notes (waterfall methodology) — a balance‑sheet move that can reduce interest burden or optimize funding structure and is typically viewed positively by bond/equity investors. Citi Announces Offers to Purchase Three Series of Outstanding Citigroup Inc. Notes
• Positive Sentiment: Wealth-tech and client initiatives: Citi is rolling out an AI avatar (“Sky”) for wealth advisors and expanding Citigold private‑client services — steps that aim to boost advisor productivity and client acquisition in higher‑margin businesses. Citi Is Launching an AI Avatar Named Sky. It’s the Bank’s Biggest Bet Yet on Wealth Tech.
• Neutral Sentiment: Momentum/analyst coverage: multiple outlets profile Citi as a momentum stock and discuss analyst views and upgraded price targets; useful context but not a near‑term catalyst on its own. What Makes Citigroup (C) a Strong Momentum Stock: Buy Now?
• Neutral Sentiment: Sector lift from big‑bank earnings: Citi’s beat alongside peers helped lift financials broadly, but market caution remains and broader macro headlines (e.g., geopolitics) can blunt follow‑through. Big Bank Earnings Gave Financials a Lift, But Wall Street Is Still Cautious
• Negative Sentiment: Valuation concerns and profit‑taking: coverage questioning whether Citi is overpriced after a ~100% one‑year surge is prompting re‑rating risk and short‑term selling pressure from investors locking in gains. Is It Too Late To Reassess Citigroup (C) After Its 109% One Year Surge?
• Negative Sentiment: Momentum stretch / technical pullback risk: commentary about Citi hitting a 52‑week high and the need to evaluate future upside raises the possibility of short‑term weakness as the stock digests gains. Citigroup Inc. (C) Hit a 52 Week High, Can the Run Continue?

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. HSBC reiterated a “buy” rating and issued a $87.00 target price on shares of Citigroup in a research note on Wednesday, January 7th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $139.00 target price on shares of Citigroup in a research note on Wednesday, April 15th. Piper Sandler reiterated an “overweight” rating and issued a $145.00 target price (up from $125.00) on shares of Citigroup in a research note on Wednesday, April 15th. JPMorgan Chase & Co. lowered their target price on Citigroup from $134.00 to $131.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 7th. Finally, Jefferies Financial Group started coverage on Citigroup in a research note on Thursday, March 26th. They issued a “buy” rating and a $135.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Citigroup currently has an average rating of “Moderate Buy” and an average price target of $135.94.

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.