1834 Investment Advisors Co. Sells 13,060 Shares of Citigroup Inc. $C

Key Points

• 1834 Investment Advisors trimmed its stake in Citigroup by 23.3% in Q4, selling 13,060 shares and leaving it with 42,948 shares worth about $5.01 million.
• Citigroup beat Q1 expectations (EPS $3.06 vs. $2.63 consensus; revenue $24.63B vs. $22.96B), launched an AI advisor product and saw analyst price‑target upgrades that helped push the stock to a 52‑week high.
• Company insiders have been selling recently — including Cantu (43,173 shares) and Edward Skyler (25,000 shares) — with insiders offloading 92,318 shares (~$10.8M) over the last 90 days, which could represent profit‑taking despite the rally.

1834 Investment Advisors Co. trimmed its holdings in Citigroup Inc. (NYSE:C - Free Report) by 23.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,948 shares of the company's stock after selling 13,060 shares during the quarter. 1834 Investment Advisors Co.'s holdings in Citigroup were worth $5,012,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Wolff Wiese Magana LLC raised its position 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 purchasing an additional 120 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new stake in shares of Citigroup in the 4th quarter valued at $28,000. Dunhill Financial LLC lifted its stake in shares of Citigroup by 92.2% during the third quarter. Dunhill Financial LLC now owns 319 shares of the company's stock valued at $32,000 after acquiring an additional 153 shares during the period. Guerra Advisors Inc acquired a new position in shares of Citigroup during the third quarter valued at $33,000. Finally, MH & Associates Securities Management Corp ADV bought a new position in Citigroup in the fourth quarter valued at about $35,000. Institutional investors own 71.72% of the company's stock.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Q1 beat and AI push: Citi reported stronger‑than‑expected Q1 results and has rolled out an AI advisor product that helped push the stock to a recent 52‑week high; that earnings momentum and tech/wealth strategy are supporting higher valuation expectations. Citigroup hits 52-week high after earnings beat, AI launch
• Positive Sentiment: Analyst upgrades and higher targets: Several sell‑side firms have raised price targets and reiterated constructive views on Citi’s turnaround and capital return potential, which is drawing buyer interest and supporting the stock. Zacks Analyst Blog
• Neutral Sentiment: Notes buyback offer announced: Citigroup Global Markets started offers to purchase several series of Citi notes — a balance‑sheet management action that could be neutral or modestly positive if it reduces interest cost/optimizes capital, but impact depends on execution and funding. Citi Announces Offers to Purchase Notes
• Neutral Sentiment: Exit of Citi entities as substantial holder in a small Australian lithium issuer — procedural/portfolio adjustment by Citi’s Australia unit; likely immaterial to Citi’s core earnings but noted by markets that track institutional flows. Citigroup Entities Exit Substantial Holder Status in Elevra Lithium
• Negative Sentiment: Insider selling: SEC disclosures show Edward Skyler sold 25,000 Citi shares (mid‑April), which can be interpreted as profit‑taking after the rally and may create short‑term selling pressure even if the sale is for personal liquidity. Edward Skyler Sells 25,000 Shares SEC Filing

Insiders Place Their Bets

In other Citigroup 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 value of $4,796,088.57. Following the sale, the insider owned 45,835 shares in the company, valued at approximately $5,091,810.15. The trade was a 48.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Edward Skyler sold 25,000 shares of the business's stock in a transaction on 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 directly owned 182,022 shares in the company, valued at approximately $23,919,511.02. This represents a 12.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 92,318 shares of company stock valued at $10,764,814. Company insiders own 0.11% of the company's stock.

Citigroup Stock Performance

Shares of Citigroup stock opened at $128.03 on Monday. The stock's fifty day simple moving average is $115.88 and its 200 day simple moving average is $111.47. The company has a current ratio of 0.99, a quick ratio of 1.00 and a debt-to-equity ratio of 1.59. The company has a market capitalization of $219.56 billion, a PE ratio of 15.86, a PEG ratio of 0.57 and a beta of 1.11. Citigroup Inc. has a 12 month low of $66.72 and a 12 month high of $135.29.

Citigroup (NYSE:C - Get Free Report) last posted its earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) for the quarter, beating 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 firm 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 earned $1.96 earnings per share. The company's revenue was up 14.1% on a year-over-year basis. On average, research analysts predict that Citigroup Inc. will post 10.62 EPS for the current year.

Citigroup Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 4th will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Monday, May 4th. Citigroup's payout ratio is currently 29.74%.

Wall Street Analyst Weigh In

C has been the topic of a number of research reports. UBS Group restated a "neutral" rating and set a $132.00 target price on shares of Citigroup in a research report on Thursday, January 15th. Truist Financial increased their price objective on shares of Citigroup from $133.00 to $139.00 and gave the company a "buy" rating in a report on Wednesday, April 15th. Morgan Stanley lifted their target price on shares of Citigroup from $140.00 to $144.00 and gave the stock an "overweight" rating in a report on Wednesday, April 15th. Wells Fargo & Company increased their price target on Citigroup from $150.00 to $160.00 and gave the company an "overweight" rating in a research note on Wednesday, April 15th. Finally, The Goldman Sachs Group lifted their price objective on Citigroup from $137.00 to $151.00 and gave the stock a "buy" rating in a research note on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat.com, Citigroup presently 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.

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