Citigroup Inc. $C is Maltese Capital Management LLC's Largest Position

Key Points

• Maltese Capital Management cut its Citigroup stake by 30.2% in Q3 to 209,300 shares, which still represents Citigroup as the firm's largest position valued at about $21.24 million (3.2% of its holdings).
• An insider, Cantu Ernesto Torres, sold 43,173 Citigroup shares for roughly $4.8 million—reducing his holding by 48.5%—and corporate insiders now own only 0.08% of the stock.
• Citigroup faces mixed operational signals: it will keep most UAE branches closed indefinitely amid Iran‑related disruptions (a material regional risk) while also expanding domestically with a large new office in Charlotte, NC.

Maltese Capital Management LLC cut its position in Citigroup Inc. (NYSE:C - Free Report) by 30.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 209,300 shares of the company's stock after selling 90,700 shares during the period. Citigroup makes up 3.2% of Maltese Capital Management LLC's holdings, making the stock its largest position. Maltese Capital Management LLC's holdings in Citigroup were worth $21,244,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC lifted its holdings 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 buying an additional 12,499 shares during the period. Sivia Capital Partners LLC lifted its holdings in Citigroup by 20.5% in the second quarter. Sivia Capital Partners LLC now owns 9,805 shares of the company's stock valued at $835,000 after acquiring an additional 1,669 shares during the period. United Bank purchased a new stake in Citigroup in the 2nd quarter worth approximately $972,000. Cetera Investment Advisers increased its holdings in shares of Citigroup by 7.4% during the 2nd quarter. Cetera Investment Advisers now owns 462,783 shares of the company's stock valued at $39,392,000 after purchasing an additional 31,818 shares in the last quarter. Finally, Kingsview Wealth Management LLC increased its holdings in shares of Citigroup by 2.0% during the 2nd quarter. Kingsview Wealth Management LLC now owns 27,801 shares of the company's stock valued at $2,366,000 after purchasing an additional 541 shares in the last quarter. Institutional investors and hedge funds own 71.72% of the company's stock.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi opened a large new office in Charlotte, promising hundreds of jobs — a sign of domestic investment and potential cost/scale benefits that investors view as constructive for long‑term operations. Banking giant opens Ballantyne office, adding over 500 jobs in Charlotte
• Positive Sentiment: Citi initiated coverage of Nebius Group NV with a Buy — a reminder that Citi’s research franchise remains active and visible, which can help investment‑banking and research revenue credibility (limited direct impact on C’s share price but positive for franchise perception). Citigroup initiates coverage of Nebius Group NV (NBIS) with buy recommendation
• Neutral Sentiment: Citi denied reports of damage to its Middle East offices — a reassurance that limits immediate operational worry, though regional tensions remain a live risk for the bank’s Gulf operations. Citigroup denies reports of damage to Middle East offices amid regional tensions
• Neutral Sentiment: Citi Research cut its Nifty multiple and warned the Iran war could hit India growth — this highlights cautious macro views from Citi Research that affect market guidance but are not direct hits to Citi’s core fundamentals. Citi cuts Nifty's target to 27,000 on earnings, macro risks from raging Iran war
• Negative Sentiment: Citi cut 12‑month price targets for Bitcoin and Ether as U.S. crypto legislation stalls — this signals the bank expects lower crypto trading/ETF catalysts, which could weigh on trading revenue and investor enthusiasm around digital‑asset strategies. Citigroup cuts 12-month bitcoin, ether targets as US crypto legislation stalls
• Negative Sentiment: Citi will keep most UAE branches closed indefinitely amid Iran war disruptions — ongoing regional closures and staff restrictions are direct operational risks for revenue and client service in a key emerging‑market hub. Citi to keep most UAE branches closed indefinitely due to Iran war
• Negative Sentiment: Recent data show multiple Citi insider sales and large institutional rebalancings in Q4 — insider selling and notable institutional trimming can create caution among some investors. Citigroup Stock (C) Opinions on Dubai Office Measures Amid Regional Tensions

Insider Activity at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the stock in a transaction that occurred 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 transaction, the insider 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.08% of the company's stock.

Citigroup Stock Up 1.5%

NYSE C opened at $107.26 on Tuesday. The business has a fifty day moving average price of $114.34 and a 200 day moving average price of $107.29. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market cap of $187.62 billion, a P/E ratio of 15.39, a P/E/G ratio of 0.68 and a beta of 1.17. Citigroup Inc. has a one year low of $55.51 and a one year high of $125.16.

Citigroup (NYSE:C - Get Free Report) last released its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, beating analysts' consensus estimates of $1.65 by $0.16. The company had revenue of $19.87 billion during the quarter, compared to the consensus estimate of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. Citigroup's quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.34 EPS. Research analysts anticipate that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Dividend Announcement

The business 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. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, February 2nd. Citigroup's payout ratio is 34.43%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Truist Financial increased their price target on shares of Citigroup from $123.00 to $129.00 and gave the stock a "buy" rating in a report on Tuesday, January 6th. Wolfe Research reissued an "outperform" rating and set a $141.00 target price on shares of Citigroup in a research note on Wednesday, January 7th. Wells Fargo & Company set a $150.00 price target on Citigroup in a research note on Monday, January 5th. Morgan Stanley set a $152.00 price objective on Citigroup in a research report on Tuesday, February 17th. Finally, Piper Sandler set a $135.00 target price on Citigroup in a research report on Thursday, January 15th. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Citigroup presently has an average rating of "Moderate Buy" and an average price target of $127.25.

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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