Citigroup Inc. $C Shares Acquired by Sanctuary Advisors LLC

Key Points

• Sanctuary Advisors LLC boosted its stake in Citigroup by 7.8% in Q4, owning 216,328 shares after buying 15,722 more, valued at about $25.24 million at quarter end.
• Citigroup reported a Q1 beat with EPS of $3.06 (vs. $2.63 est.) and revenue of $24.63 billion, prompting analyst upgrades and a consensus rating of Moderate Buy with an average price target near $135.94.
• Company insiders sold a total of 92,318 shares worth roughly $10.76 million in the past three months, and Citi announced a quarterly dividend of $0.60 ($2.40 annual; ex-dividend May 4, paid May 22).

Sanctuary Advisors LLC boosted its stake in shares of Citigroup Inc. (NYSE:C - Free Report) by 7.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 216,328 shares of the company's stock after purchasing an additional 15,722 shares during the quarter. Sanctuary Advisors LLC's holdings in Citigroup were worth $25,243,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in C. Vanguard Group Inc. boosted its position in Citigroup by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 163,239,926 shares of the company's stock valued at $19,048,467,000 after purchasing an additional 4,938,923 shares during the period. Bank of New York Mellon Corp boosted its position in Citigroup by 17.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 28,125,995 shares of the company's stock valued at $2,854,788,000 after purchasing an additional 4,211,099 shares during the period. Capital World Investors boosted its position in Citigroup by 6.5% during the 3rd quarter. Capital World Investors now owns 47,262,626 shares of the company's stock valued at $4,797,292,000 after purchasing an additional 2,871,074 shares during the period. Bessemer Group Inc. boosted its position in Citigroup by 6,172.0% during the 3rd quarter. Bessemer Group Inc. now owns 2,904,795 shares of the company's stock valued at $294,838,000 after purchasing an additional 2,858,481 shares during the period. Finally, SG Americas Securities LLC boosted its position in Citigroup by 291.4% during the 4th quarter. SG Americas Securities LLC now owns 1,319,549 shares of the company's stock valued at $153,978,000 after purchasing an additional 2,008,946 shares during the period. Institutional investors and hedge funds own 71.72% of the company's stock.

Insiders Place Their Bets

In other news, 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 value of $3,285,250.00. Following 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 position. The transaction was disclosed in a filing 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 stock was sold at an average price of $111.09, for a total value of $4,796,088.57. Following the completion of the sale, the insider directly owned 45,835 shares in the company, valued at $5,091,810.15. This represents a 48.50% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 92,318 shares of company stock worth $10,764,814 in the last three months. Company insiders own 0.11% of the company's stock.

Citigroup Stock Up 0.0%

Shares of Citigroup stock opened at $128.03 on Monday. The business's fifty day moving average price is $115.88 and its two-hundred day moving average price is $111.47. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.99 and a quick ratio of 1.00. The company has a market capitalization of $219.56 billion, a P/E ratio of 15.86, 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 posted its quarterly earnings data on Tuesday, April 14th. The company reported $3.06 EPS 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 for the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter in the previous year, the business earned $1.96 EPS. The company's quarterly revenue was up 14.1% compared to the same quarter last year. As a group, research analysts forecast that Citigroup Inc. will post 10.62 EPS for the current year.

Citigroup Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, May 4th. Citigroup's payout ratio is currently 29.74%.

Citigroup News Summary

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

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. TD Cowen restated a "hold" rating on shares of Citigroup in a research report on Wednesday, January 7th. Morgan Stanley boosted their price objective on Citigroup from $140.00 to $144.00 and gave the company an "overweight" rating in a research report on Wednesday, April 15th. Royal Bank Of Canada restated an "outperform" rating and set a $139.00 price objective on shares of Citigroup in a research report on Wednesday, April 15th. Piper Sandler restated an "overweight" rating and set a $145.00 price objective (up from $125.00) on shares of Citigroup in a research report on Wednesday, April 15th. Finally, The Goldman Sachs Group boosted their price objective on Citigroup from $137.00 to $151.00 and gave the company a "buy" rating in a research report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, Citigroup presently has a consensus 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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