Citigroup Inc. $C Shares Purchased by Calamos Advisors LLC

Key Points

• Calamos Advisors LLC raised its stake in Citigroup by 23.6%, adding 124,655 shares to hold 651,888 shares valued at about $76.07 million at quarter‑end.
• Citigroup topped Q1 estimates (EPS $3.06 vs. $2.63; revenue $24.63B vs. $22.96B), rolled out an AI advisor product and reached a 52‑week high, spurring analyst upgrades and a consensus "Moderate Buy" target of $135.94.
• Company insiders sold 92,318 shares (~$10.76M) over the past three months (including a 25,000‑share sale by Edward Skyler), while Citi announced a $0.60 quarterly dividend (annualized $2.40, ~1.9% yield).

Calamos Advisors LLC grew its position in shares of Citigroup Inc. (NYSE:C - Free Report) by 23.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 651,888 shares of the company's stock after purchasing an additional 124,655 shares during the period. Calamos Advisors LLC's holdings in Citigroup were worth $76,069,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of C. Elmwood Wealth Management Inc. increased its holdings in shares of Citigroup by 1.3% during the 4th quarter. Elmwood Wealth Management Inc. now owns 6,845 shares of the company's stock worth $799,000 after buying an additional 85 shares during the last quarter. Park Place Capital Corp grew its position in Citigroup by 16.7% during the fourth quarter. Park Place Capital Corp now owns 595 shares of the company's stock valued at $69,000 after acquiring an additional 85 shares during the period. N.E.W. Advisory Services LLC grew its position in Citigroup by 14.9% during the fourth quarter. N.E.W. Advisory Services LLC now owns 703 shares of the company's stock valued at $82,000 after acquiring an additional 91 shares during the period. LeConte Wealth Management LLC increased its stake in Citigroup by 3.9% during the fourth quarter. LeConte Wealth Management LLC now owns 2,502 shares of the company's stock worth $292,000 after acquiring an additional 94 shares during the last quarter. Finally, SeaCrest Wealth Management LLC increased its stake in Citigroup by 0.6% during the fourth quarter. SeaCrest Wealth Management LLC now owns 15,411 shares of the company's stock worth $1,870,000 after acquiring an additional 97 shares during the last quarter. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

C has been the topic of several research analyst reports. Zacks Research lowered Citigroup from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 20th. Keefe, Bruyette & Woods increased their target price on shares of Citigroup from $131.00 to $140.00 and gave the stock an "outperform" rating in a research report on Wednesday, April 15th. Jefferies Financial Group initiated coverage on shares of Citigroup in a report on Thursday, March 26th. They issued a "buy" rating and a $135.00 price target on the stock. TD Cowen reiterated a "hold" rating on shares of Citigroup in a research note on Wednesday, January 7th. Finally, Barclays increased their price objective on shares of Citigroup from $146.00 to $154.00 and gave the stock an "overweight" rating in a research report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $135.94.

Insider Transactions at Citigroup

In related news, insider Edward Skyler sold 25,000 shares of the company'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 directly owned 182,022 shares of the company's stock, valued at $23,919,511.02. This represents a 12.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Cantu Ernesto Torres sold 43,173 shares of the business's stock in a transaction dated Friday, February 13th. The stock was 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 directly owned 45,835 shares of the company's stock, valued at $5,091,810.15. The trade was a 48.50% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 92,318 shares of company stock valued at $10,764,814 in the last three months. 0.11% of the stock is currently owned by company insiders.

Key Headlines Impacting Citigroup

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

Citigroup Stock Down 0.4%

NYSE C opened at $128.03 on Friday. The stock has a market cap of $219.56 billion, a PE ratio of 15.86, a P/E/G ratio of 0.58 and a beta of 1.11. Citigroup Inc. has a fifty-two week low of $66.72 and a fifty-two week high of $135.29. The business has a 50 day moving average price of $115.88 and a two-hundred day moving average price of $111.27. The company has a quick ratio of 1.00, a current ratio of 0.99 and a debt-to-equity ratio of 1.59.

Citigroup (NYSE:C - Get Free Report) last posted its earnings results on Tuesday, April 14th. The company reported $3.06 EPS for the quarter, topping analysts' consensus estimates of $2.63 by $0.43. The business had revenue of $24.63 billion for the quarter, compared to analysts' expectations of $22.96 billion. Citigroup had a net margin of 9.35% and a return on equity of 9.19%. The business's revenue for the quarter was up 14.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.96 earnings per share. As a group, sell-side analysts predict that Citigroup Inc. will post 10.62 EPS for the current fiscal year.

Citigroup Dividend Announcement

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

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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