Citigroup Inc. $C Shares Sold by Generali Investments Management Co LLC

Key Points

• Generali Investments trimmed its Citigroup stake by 20.9%, selling 7,876 shares and leaving 29,794 shares valued at about $3.48 million in the latest 13F filing.
• Citigroup beat Q1 estimates with EPS of $3.06 versus $2.63 and revenue of $24.63B, helping push the stock to a 52‑week high and prompting analyst upgrades with an average target of $135.94 ("Moderate Buy").
• Insiders have been net sellers recently, including Edward Skyler's sale of 25,000 shares, with insiders selling 92,318 shares (roughly $10.8M) in the last quarter.

Generali Investments Management Co LLC lowered its stake in shares of Citigroup Inc. (NYSE:C - Free Report) by 20.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,794 shares of the company's stock after selling 7,876 shares during the quarter. Generali Investments Management Co LLC's holdings in Citigroup were worth $3,477,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of Citigroup by 166.9% in the fourth quarter. Brighton Jones LLC now owns 19,990 shares of the company's stock worth $1,407,000 after purchasing an additional 12,499 shares during the last quarter. Sivia Capital Partners LLC boosted its position 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 buying an additional 1,669 shares during the last quarter. United Bank purchased a new stake in Citigroup in the second quarter valued at approximately $972,000. Osterweis Capital Management Inc. increased its holdings in Citigroup by 3,016.7% in the 2nd quarter. Osterweis Capital Management Inc. now owns 935 shares of the company's stock worth $80,000 after buying an additional 905 shares during the period. Finally, HUB Investment Partners LLC increased its holdings in Citigroup by 26.9% in the 2nd quarter. HUB Investment Partners LLC now owns 15,287 shares of the company's stock worth $1,301,000 after buying an additional 3,238 shares during the period. Hedge funds and other institutional investors own 71.72% of the company's stock.

Analyst Ratings Changes

Several analysts have commented on C shares. Wells Fargo & Company lifted their price objective on shares of Citigroup from $150.00 to $160.00 and gave the company an "overweight" rating in a research note on Wednesday, April 15th. UBS Group reissued a "neutral" rating and set a $132.00 target price on shares of Citigroup in a report on Thursday, January 15th. Wolfe Research restated an "outperform" rating and set a $141.00 target price on shares of Citigroup in a research report on Wednesday, January 7th. TD Cowen reaffirmed a "hold" rating on shares of Citigroup in a report on Wednesday, January 7th. Finally, Truist Financial increased their price target on Citigroup from $133.00 to $139.00 and gave the stock a "buy" rating in a research report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $135.94.

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

Citigroup Stock Down 0.4%

C stock opened at $128.03 on Friday. Citigroup Inc. has a one year low of $66.72 and a one year high of $135.29. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.00 and a current ratio of 0.99. The firm's fifty day moving average is $115.88 and its 200 day moving average is $111.27. The firm 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 (NYSE:C - Get Free Report) last issued its quarterly earnings data on Tuesday, April 14th. The company reported $3.06 earnings per share for the quarter, topping analysts' consensus estimates of $2.63 by $0.43. Citigroup had a net margin of 9.35% and a return on equity of 9.19%. The business had revenue of $24.63 billion during the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter in the prior year, the firm posted $1.96 earnings per share. The company's revenue was up 14.1% compared to the same quarter last year. On average, research analysts forecast that Citigroup Inc. will post 10.62 EPS for the current 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 presently 29.74%.

Insider Buying and Selling

In other Citigroup news, insider Edward Skyler sold 25,000 shares of the stock in a transaction that occurred 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 transaction, the insider owned 182,022 shares in the company, valued at approximately $23,919,511.02. This represents a 12.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Cantu Ernesto Torres sold 43,173 shares of the firm's stock in a transaction that occurred on Friday, February 13th. The shares were 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 approximately $5,091,810.15. The trade was a 48.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 92,318 shares of company stock worth $10,764,814 in the last quarter. 0.11% of the stock is currently owned by company insiders.

About Citigroup

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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