Aberdeen Group plc Sells 84,422 Shares of Citigroup Inc. $C

Aberdeen Group plc reduced its position in shares of Citigroup Inc. (NYSE:C) by 5.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,491,383 shares of the company’s stock after selling 84,422 shares during the period. Aberdeen Group plc owned 0.08% of Citigroup worth $149,392,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Brookstone Capital Management lifted its holdings in shares of Citigroup by 31.5% in the third quarter. Brookstone Capital Management now owns 75,914 shares of the company’s stock worth $7,705,000 after buying an additional 18,176 shares in the last quarter. Permanent Capital Management LP bought a new stake in Citigroup during the 3rd quarter worth approximately $1,238,000. Donaldson Capital Management LLC purchased a new stake in Citigroup in the 3rd quarter worth approximately $58,994,000. Penobscot Investment Management Company Inc. lifted its stake in Citigroup by 61.5% in the 3rd quarter. Penobscot Investment Management Company Inc. now owns 57,033 shares of the company’s stock worth $5,789,000 after purchasing an additional 21,720 shares in the last quarter. Finally, Perigon Wealth Management LLC boosted its holdings in Citigroup by 27.2% in the 3rd quarter. Perigon Wealth Management LLC now owns 75,566 shares of the company’s stock valued at $7,670,000 after purchasing an additional 16,171 shares during the period. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on C shares. Zacks Research upgraded Citigroup from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a research note on Wednesday, January 21st. Morgan Stanley lifted their price target on Citigroup from $134.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. Keefe, Bruyette & Woods upped their price objective on shares of Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 17th. Finally, Truist Financial raised their target price on shares of Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $126.19.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Zacks notes Citigroup trades below peer P/E (12‑month trailing P/E ~10.7x vs. industry ~14.4x), highlighting a valuation discount that could attract value-oriented buyers. Citigroup Trades at a Discount to Industry
• Positive Sentiment: Fed move to ease some supervisory “matters requiring attention” (MRAs) could reduce regulatory overhang for large banks if enacted, a potential tailwind for bank stocks including Citi. Fed Pivots Supervision Toward Core Financial Stability
• Neutral Sentiment: Board set CEO Jane Fraser’s 2025 compensation at $42M; while the pay increase signals board confidence after a strong year, it raises governance/optics questions for some investors. Citigroup CEO Jane Fraser’s Pay Jumped to $42 Million
• Neutral Sentiment: Citi filed to create a 6.5% Series JJ preferred stock — a capital-management move that can bolster loss‑absorbing capital but may limit upside for common shareholders depending on issuance size. Citigroup Establishes New 6.5% Series JJ Preferred Stock
• Neutral Sentiment: Citigroup rates desk warns markets may be underestimating U.S. inflation risk — commentary that supports Citi’s markets/research franchise but doesn’t directly change fundamentals. Citigroup rates desk says market is too calm about US inflation
• Neutral Sentiment: Former Citigroup Russian unit will rebrand after planned sale (AO Citibank → RenCap Bank). Operationally immaterial for Citi’s core business, but removes a legacy Russia exposure headline. Former Citigroup unit in Russia says it is changing its name to RenCap Bank
• Negative Sentiment: Insider selling: Cantu Ernesto Torres reported large sales on Feb. 13 (43,173 shares at ~$111 and 24,145 shares at ~$111 in separate filings), reducing his holdings materially; heavy insider sales often spook investors even if legally disclosed. Insider Sales by Cantu Ernesto Torres SEC Filing
• Negative Sentiment: Sector-wide/peer selloff: Citi was part of a broader financial‑stocks pullback (Goldman, JPMorgan, Citi all plunged >5% on Thursday), amplifying downward pressure on Citi shares. Goldman Sachs, JPMorgan, and Citigroup All Plunge Over 5%
• Negative Sentiment: “Down since earnings” coverage highlights that Citi’s stock has lagged since its last results (revenue missed consensus even as EPS beat), keeping some momentum investors cautious. Citigroup down 5.4% since last earnings report

Citigroup Stock Performance

Shares of C opened at $110.77 on Friday. The business has a 50-day simple moving average of $116.39 and a two-hundred day simple moving average of $104.73. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. Citigroup Inc. has a 52 week low of $55.51 and a 52 week high of $125.16. The stock has a market cap of $198.19 billion, a price-to-earnings ratio of 15.89, a PEG ratio of 0.71 and a beta of 1.18.

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

Citigroup Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 2nd will be given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is presently 34.43%.

Insider Buying and Selling at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s stock in a transaction on 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 completion of the transaction, the insider owned 45,835 shares of the company’s stock, valued at approximately $5,091,810.15. This represents a 48.50% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.08% of the company’s stock.

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.