Claret Asset Management Corp Sells 28,020 Shares of Citigroup Inc. $C

Key Points

• Claret Asset Management cut its Citigroup stake by 24.1%, selling 28,020 shares and now holding 88,474 shares valued at about $8.98 million (1.1% of its portfolio).
• Insider Cantu Ernesto Torres sold 43,173 shares at an average price of $111.09, reducing his ownership by 48.5% to 45,835 shares (sale disclosed in an SEC filing).
• Market sentiment is broadly constructive—Citi beat EPS estimates but missed revenue, has a consensus rating of "Moderate Buy" with a $127.25 average target, and recently saw catalysts like a Zacks upgrade, heavy call-option buying, and product/M&A activity.

Claret Asset Management Corp cut its stake in shares of Citigroup Inc. (NYSE:C - Free Report) by 24.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 88,474 shares of the company's stock after selling 28,020 shares during the period. Citigroup accounts for 1.1% of Claret Asset Management Corp's holdings, making the stock its 25th largest position. Claret Asset Management Corp's holdings in Citigroup were worth $8,980,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. FMB Wealth Management increased its position in Citigroup by 4.1% during the third quarter. FMB Wealth Management now owns 2,618 shares of the company's stock worth $266,000 after acquiring an additional 103 shares during the period. Tritonpoint Wealth LLC increased its position in shares of Citigroup by 2.1% in the third quarter. Tritonpoint Wealth LLC now owns 4,989 shares of the company's stock worth $506,000 after purchasing an additional 104 shares during the period. Highline Wealth Partners LLC grew its stake in Citigroup by 35.3% during the third quarter. Highline Wealth Partners LLC now owns 418 shares of the company's stock worth $42,000 after buying an additional 109 shares in the last quarter. Arjuna Capital raised its position in shares of Citigroup by 0.7% in the 3rd quarter. Arjuna Capital now owns 16,587 shares of the company's stock valued at $1,684,000 after buying an additional 112 shares in the last quarter. Finally, Binnacle Investments Inc increased its stake in Citigroup by 6.5% in the second quarter. Binnacle Investments Inc now owns 1,847 shares of the company's stock valued at $157,000 after acquiring an additional 113 shares during the last quarter. 71.72% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Zacks upgraded Citigroup to a Buy (Zacks Rank #2), which often triggers short-term inflows and coverage-related buying from retail and quant screens. All You Need to Know About Citigroup (C) Rating Upgrade to Buy
• Positive Sentiment: Unusually large call-option buying was reported (≈93,383 calls, ~25% above average), signalling speculative or hedge-driven bullish positioning that can amplify upside into near-term expiries.
• Positive Sentiment: Citi issued a digitally native structured note on Euroclear’s D‑FMI DLT platform — a visible example of product innovation and growth in the wealth-management and capital-markets business lines. Citi Issues Inaugural Digitally Native Structured Note on Euroclear's D-FMI DLT Platform
• Positive Sentiment: Reports say Blackstone is working with Citi on a revived sale of ShyaHsin Packaging — indicative of ongoing M&A/advisory mandates that can boost fees and trading flows. Blackstone Is Said to Work With Citi on Revived Sale of ShyaHsin Packaging
• Positive Sentiment: TradeSmith’s health indicator recently included Citigroup among non-tech names in its "Green Zone," supporting a constructive view on Citigroup’s financial health. 3 Non-Tech Stocks in TradeSmith's Green Zone for Financial Health (C)
• Neutral Sentiment: Some brokerages collectively rate Citi as a "Moderate Buy" — steady, but not uniformly bullish enough to drive a larger re-rate on its own. Citigroup Inc. NYSE: C Given Average Rating of "Moderate Buy" by Brokerages
• Neutral Sentiment: Citi group entities notified Bapcor that holdings fell below the substantial‑holder threshold — a routine ownership update with limited direct impact on Citi’s core business. Citi Group Entities Fall Below Substantial Holder Threshold in Bapcor
• Neutral Sentiment: Wider Middle East conflict is driving higher energy prices and market volatility — a mixed macro backdrop for banks (higher rates can help net interest income, but volatility and recession risk can hurt credit and trading). Asia’s Fuel Crunch Forces Four-Day Weeks and School Closures
• Negative Sentiment: Citi suffered the largest fall among banks in a global gender ranking — a reputational/ESG negative that could affect investor perception and long-term flows from ESG-focused funds. Citi suffers largest fall among banks in global gender ranking
• Negative Sentiment: Industry friction over crypto bank charters — the Bank Policy Institute is weighing legal action against the OCC — underscores regulatory uncertainty that could raise compliance costs or slow industry initiatives, creating a broader headwind for big banks. US banking lobby considers suing OCC over crypto bank charters: Report

Insider Buying and Selling at Citigroup

In other news, insider Cantu Ernesto Torres sold 43,173 shares of the stock in a transaction dated 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 owned 45,835 shares of the company's stock, valued at approximately $5,091,810.15. This represents a 48.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.08% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on C shares. Piper Sandler set a $135.00 target price on Citigroup in a research report on Thursday, January 15th. UBS Group reissued a "neutral" rating and set a $132.00 price objective on shares of Citigroup in a report on Thursday, January 15th. Barclays boosted their price objective on Citigroup from $115.00 to $146.00 and gave the stock an "overweight" rating in a research report on Monday, January 5th. Keefe, Bruyette & Woods increased their target price on Citigroup from $118.00 to $131.00 and gave the company an "outperform" rating in a research report on Wednesday, December 17th. Finally, Zacks Research lowered Citigroup from a "strong-buy" rating to a "hold" rating in a research note on Friday, February 20th. Fourteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $127.25.

Citigroup Price Performance

C stock opened at $106.62 on Tuesday. The company has a market capitalization of $186.52 billion, a P/E ratio of 15.30, a PEG ratio of 0.68 and a beta of 1.17. The company has a fifty day moving average price of $115.45 and a 200-day moving average price of $106.89. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.00 and a current ratio of 1.00. Citigroup Inc. has a 52-week low of $55.51 and a 52-week high of $125.16.

Citigroup (NYSE:C - Get Free Report) last issued its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.16. The company had revenue of $19.87 billion for the quarter, compared to analysts' expectations of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. Citigroup's revenue for the quarter was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.34 earnings per share. As a group, equities analysts expect that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 2nd were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Monday, February 2nd. Citigroup's payout ratio is 34.43%.

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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