ARGA Investment Management LP Has $214,000 Stock Position in Citigroup Inc. $C

Key Points

• ARGA Investment Management LP cut its stake in Citigroup by 97.3% in Q4, selling 65,437 shares and retaining 1,832 shares worth about $214,000.
• Citigroup beat Q1 expectations with $3.06 EPS (vs. $2.63 consensus) and revenue of $24.63 billion, up 14.1% year‑over‑year.
• The bank announced a quarterly dividend of $0.60 (1.9% yield), and Wall Street is broadly positive — consensus is a Moderate Buy with an average price target of $135.94.

ARGA Investment Management LP decreased its stake in Citigroup Inc. (NYSE:C - Free Report) by 97.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,832 shares of the company's stock after selling 65,437 shares during the period. ARGA Investment Management LP's holdings in Citigroup were worth $214,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in C. Vanguard Group Inc. grew its position in Citigroup by 3.1% during the fourth quarter. Vanguard Group Inc. now owns 163,239,926 shares of the company's stock worth $19,048,467,000 after buying an additional 4,938,923 shares in the last quarter. Bank of New York Mellon Corp grew its position in Citigroup by 17.6% during the third quarter. Bank of New York Mellon Corp now owns 28,125,995 shares of the company's stock worth $2,854,788,000 after buying an additional 4,211,099 shares in the last quarter. Capital World Investors grew its position in Citigroup by 6.5% during the third quarter. Capital World Investors now owns 47,262,626 shares of the company's stock worth $4,797,292,000 after buying an additional 2,871,074 shares in the last quarter. Bessemer Group Inc. grew its position in Citigroup by 6,172.0% during the third quarter. Bessemer Group Inc. now owns 2,904,795 shares of the company's stock worth $294,838,000 after buying an additional 2,858,481 shares in the last quarter. Finally, SG Americas Securities LLC grew its position in Citigroup by 291.4% during the fourth quarter. SG Americas Securities LLC now owns 1,319,549 shares of the company's stock worth $153,978,000 after buying an additional 2,008,946 shares in the last quarter. 71.72% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Keefe, Bruyette & Woods lifted their price target on shares of Citigroup from $131.00 to $140.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 15th. Oppenheimer lifted their price target on shares of Citigroup from $132.00 to $144.00 and gave the stock an "outperform" rating in a research note on Wednesday, April 15th. Piper Sandler reiterated an "overweight" rating and set a $145.00 price target (up from $125.00) on shares of Citigroup in a research note on Wednesday, April 15th. Morgan Stanley lifted their price target on shares of Citigroup from $140.00 to $144.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 15th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Citigroup from $134.00 to $131.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 7th. 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 company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $135.94.

Citigroup Stock Up 0.9%

NYSE C opened at $129.13 on Tuesday. 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 stock's 50 day moving average is $116.25 and its two-hundred day moving average is $111.70. The company has a market capitalization of $221.45 billion, a price-to-earnings ratio of 16.00, a PEG ratio of 0.57 and a beta of 1.11. Citigroup Inc. has a 1-year low of $66.72 and a 1-year high of $135.29.

Citigroup (NYSE:C - Get Free Report) last released its quarterly earnings data on Tuesday, April 14th. The company reported $3.06 earnings per share 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 company had revenue of $24.63 billion for the quarter, compared to the consensus estimate of $22.96 billion. During the same period in the previous year, the business earned $1.96 earnings per share. The company's quarterly revenue was up 14.1% on a year-over-year basis. Equities analysts forecast that Citigroup Inc. will post 10.62 earnings per share for the current fiscal year.

Citigroup Announces Dividend

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

Insider Buying and Selling at Citigroup

In other news, insider Edward Skyler sold 25,000 shares of the business's 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 sale, the insider owned 182,022 shares in the company, valued at approximately $23,919,511.02. The trade was a 12.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Cantu Ernesto Torres sold 43,173 shares of the business's stock in a transaction on Friday, February 13th. The shares were sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the completion of the sale, the insider owned 45,835 shares in the company, valued at $5,091,810.15. This represents a 48.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 92,318 shares of company stock worth $10,764,814 in the last 90 days. 0.11% of the stock is owned by corporate insiders.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi said it will expand and add senior hires to its Japan and China investment banking teams to win more cross‑border M&A and advisory business — a direct revenue growth initiative in Asia that can boost fee income and franchise value. Citi to boost Japan, China investment banking teams, plans senior sector-focused hires
• Positive Sentiment: High‑profile endorsement: Jim Cramer publicly said Citi’s recent conference call was better than JPMorgan’s — media praise that can lift investor sentiment and drive short‑term flow into the stock. Jim Cramer Shares Why Citi’s (C) Conference Call Was Better Than JPMorgan’s
• Positive Sentiment: Analyst/sector momentum: Several pieces highlighting stronger Q1 results and upbeat outlooks for big investment banks (including Citi) are pushing investors toward the group; Citi’s own research/product activity (lifting targets on major tech names, outlining ETF flows) reinforces its revenue and research franchise. Buy These 3 Investment Bank Giants After Solid Q1 Earnings and Outlook
• Neutral Sentiment: Citi Singapore received awards from FinanceAsia and Forbes — positive for reputation and local franchise strength but likely to have limited immediate earnings impact. Citi Singapore receives dual award recognition from FinanceAsia and Forbes
• Neutral Sentiment: Broader market context: Financial stocks are rallying this afternoon, providing a sector tailwind that helps Citi’s stock — a macro/flow-driven boost rather than new company fundamentals. Sector Update: Financial Stocks Rise Late Afternoon

Citigroup Company 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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