Generali Asset Management SPA SGR Trims Holdings in Citigroup Inc. $C

Key Points

• Generali Asset Management cut its Citigroup stake by 23.2% in the fourth quarter, selling 53,588 shares and leaving it with 177,364 shares valued at about $20.7 million.
• Citigroup is drawing mixed but generally supportive market attention: several analysts raised price targets, and the average rating remains Moderate Buy with a consensus target of $136.79.
• The company reported stronger-than-expected quarterly results and boosted shareholder returns, including a $30 billion share-repurchase program and a quarterly dividend of $0.60 per share.

Generali Asset Management SPA SGR decreased its stake in shares of Citigroup Inc. (NYSE:C - Free Report) by 23.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 177,364 shares of the company's stock after selling 53,588 shares during the quarter. Generali Asset Management SPA SGR's holdings in Citigroup were worth $20,697,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC lifted its position in Citigroup by 87.6% during the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company's stock worth $26,000 after buying an additional 120 shares in the last quarter. Richards Merrill & Peterson Inc. acquired a new position in shares of Citigroup in the 4th quarter valued at $28,000. Dunhill Financial LLC lifted its stake in shares of Citigroup by 92.2% in the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company's stock valued at $32,000 after purchasing an additional 153 shares during the last quarter. Luken Investment Analytics LLC acquired a new position in shares of Citigroup in the 4th quarter valued at $32,000. Finally, Guerra Advisors Inc acquired a new position in shares of Citigroup in the 3rd quarter valued at $33,000. Hedge funds and other institutional investors own 71.72% of the company's stock.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Board authorized a multiyear $30 billion share‑repurchase program, a direct capital-return catalyst that supports EPS and buyback-driven valuation upside. Citi unveils new profit goals, buyback plan at investor day
• Positive Sentiment: Citi pushed an AI-first strategy across cards, payments and wealth (including partnerships for an AI wealth assistant), highlighting fee‑bearing growth engines that could lift returns if adoption scales. Citi Rebuilds Cards Around Affluent Customers and AI
• Positive Sentiment: Notable analyst support surfaced (e.g., Wells Fargo’s Mike Mayo called Citi his top pick), which can drive momentum and buyer interest into the rally. A lot of upside for Citi's stock and it's my number one pick, says Wells Fargo's Mike Mayo
• Neutral Sentiment: Management set near‑term adjusted ROTCE targets of ~11–13% for 2027–28 — progress versus past performance but a measured step that leaves upside contingent on execution. Citigroup bets on CEO Fraser's overhaul to aim for 11% to 13% profitability
• Neutral Sentiment: Investor Day was framed as the transition from rebuild to growth under CEO Jane Fraser — narrative progress that still requires follow‑through on revenues, margins and ROI on AI investments. How Citigroup Can Get to the Next Level
• Negative Sentiment: Some analysts and media said the profitability roadmap fell short of street hopes (medium‑term ROTCE guidance seen as conservative), which created pockets of selling/hesitation after the presentations. Citigroup investor day 2026: profit targets disappoint
• Negative Sentiment: Broad financial‑sector weakness late in the session and a reported lawsuit alleging failed funds transfers added short‑term pressure and headline risk. Sector Update: Financial Stocks Fall Late Afternoon

Analyst Ratings Changes

Several brokerages have recently commented on C. Evercore set a $139.00 price target on Citigroup in a research note on Wednesday, April 15th. The Goldman Sachs Group upped their price target on Citigroup from $137.00 to $151.00 and gave the company a "buy" rating in a research note on Wednesday, April 15th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Citigroup in a research note on Monday, April 20th. Barclays upped their price target on Citigroup from $146.00 to $154.00 and gave the company an "overweight" rating in a research note on Wednesday, April 15th. Finally, Keefe, Bruyette & Woods upped their price target on Citigroup from $131.00 to $140.00 and gave the company an "outperform" rating in a research note on Wednesday, April 15th. One 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 company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $136.79.

Insider Activity

In other Citigroup news, insider Edward Skyler sold 25,000 shares of the company's stock in a transaction dated 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 sale, the insider owned 182,022 shares in the company, valued at $23,919,511.02. This represents a 12.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Cantu Ernesto Torres sold 43,173 shares of the company's 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 sale, the insider owned 45,835 shares in the company, valued at approximately $5,091,810.15. This trade represents a 48.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 92,318 shares of company stock worth $10,764,814. 0.11% of the stock is owned by company insiders.

Citigroup Price Performance

Shares of NYSE C opened at $128.99 on Friday. The stock's 50-day moving average is $117.98 and its two-hundred day moving average is $113.01. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.99 and a quick ratio of 1.00. Citigroup Inc. has a 1-year low of $70.95 and a 1-year high of $135.29. The company has a market cap of $221.21 billion, a price-to-earnings ratio of 15.98, a price-to-earnings-growth ratio of 0.57 and a beta of 1.14.

Citigroup (NYSE:C - Get Free Report) last issued its quarterly earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share for the quarter, topping the consensus estimate 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 prior year, the business earned $1.96 EPS. Citigroup's revenue was up 14.1% on a year-over-year basis. Analysts forecast that Citigroup Inc. will post 10.65 EPS for the current fiscal year.

Citigroup Announces Dividend

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

Citigroup declared that its board has initiated a stock buyback program on Thursday, May 7th that allows the company to buyback $30.00 billion in shares. This buyback authorization allows the company to purchase up to 13.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board believes its stock is undervalued.

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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