Invesco Ltd. Sells 1,616,867 Shares of Citigroup Inc. $C

Key Points

• Invesco Ltd. sold 1,616,867 Citigroup shares in Q3, trimming its stake by 10.2% to 14,251,973 shares valued at about $1.4466 billion (≈0.80% of the company).
• Insider Cantu Ernesto Torres sold 43,173 shares at an average price of $111.09 for roughly $4.8 million, cutting his holding by 48.5%; company insiders now own about 0.08% of Citigroup.
• Analyst sentiment is a "Moderate Buy" with an average target of $127.25 and several firms raising targets; Citi beat EPS ($1.81 vs. $1.65) but missed revenue and recently paid a $0.60 quarterly dividend (2.3% yield).

Invesco Ltd. reduced its stake in shares of Citigroup Inc. (NYSE:C - Free Report) by 10.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,251,973 shares of the company's stock after selling 1,616,867 shares during the quarter. Invesco Ltd. owned about 0.80% of Citigroup worth $1,446,575,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Brighton Jones LLC lifted its stake in shares of Citigroup by 166.9% in the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company's stock valued at $1,407,000 after purchasing an additional 12,499 shares during the last quarter. Sivia Capital Partners LLC increased its position in shares of Citigroup by 20.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 9,805 shares of the company's stock valued at $835,000 after purchasing an additional 1,669 shares during the last quarter. United Bank purchased a new stake in Citigroup during the 2nd quarter valued at $972,000. Campbell & CO Investment Adviser LLC purchased a new stake in Citigroup during the 2nd quarter valued at $687,000. Finally, Midwest Trust Co bought a new stake in Citigroup in the second quarter worth $306,000. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Citigroup

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the company's stock in a transaction dated 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 transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.08% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

C has been the topic of a number of analyst reports. Wells Fargo & Company set a $150.00 price objective on shares of Citigroup in a research report on Monday, January 5th. Weiss Ratings restated a "buy (b)" rating on shares of Citigroup in a report on Wednesday, January 21st. TD Cowen reaffirmed a "hold" rating on shares of Citigroup in a research note on Wednesday, January 7th. Truist Financial upped their price target on shares of Citigroup from $123.00 to $129.00 and gave the company a "buy" rating in a report on Tuesday, January 6th. Finally, Oppenheimer increased their price objective on shares of Citigroup from $141.00 to $144.00 and gave the stock an "outperform" rating in a research report on Thursday, January 15th. Fourteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $127.25.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi says Q1 investment-banking fees are tracking mid‑teens growth, which supports higher fee revenue and management’s growth narrative — a clear positive for near‑term revenue expectations. Citigroup expects mid‑teens growth in Q1 investment‑banking fees
• Positive Sentiment: Citi completed new senior unsecured note issuances and launched its first digitally native structured note via Euroclear’s D‑FMI — signaling product innovation, capital markets activity and potential fee income from new distribution methods. Management also reiterated profitability targets that could reframe investor expectations. Did Citi’s New Debt Issuance And Digital Note Launch Just Shift Citigroup's (C) Investment Narrative?
• Neutral Sentiment: Citi research remains active: analysts added HEICO to an “upside” watch and trimmed/reshuffled ratings (e.g., Generac downgrade), highlighting Citi’s visible role in equity research — good for franchise visibility but mixed for immediate P&L impact. HEICO Corporation (HEI) a Moderate Buy, Analysts See 23% Upside Citi downgrades Generac as catalysts play out
• Neutral Sentiment: Broader policy/timing items in crypto legislation (Senate leader expects delay) are unlikely to move Citi materially in the near term but could slow any future flows tied to digital‑asset market‑structure work where banks participate. US Senate leader doesn‘t expect market structure to pass before April: Report
• Negative Sentiment: Operational/geopolitical risk: Citi evacuated three U.A.E. buildings after threats tied to regional tensions — a direct operational disruption that raises short‑term costs, staff safety concerns and potential business interruption in MENA markets. Citi evacuates offices in the Middle East after Iran threatens to target banks Citi Evacuates Three Buildings in U.A.E.
• Negative Sentiment: Heightened market volatility and flows into/away from financials pushed Citi below peers today; commentators note unusually high options volume and Citi falling more than the broader financial sector — indicators of increased short‑term trading/hedging pressure. Citigroup Sees Unusually High Options Volume NYSE: C Here's Why Citigroup (C) Fell More Than Broader Market

Citigroup Stock Performance

C stock opened at $105.91 on Friday. Citigroup Inc. has a twelve month low of $55.51 and a twelve month high of $125.16. The firm has a market cap of $185.26 billion, a price-to-earnings ratio of 15.19, a PEG ratio of 0.70 and a beta of 1.17. The business's fifty day simple moving average is $114.92 and its two-hundred day simple moving average is $106.99. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.63.

Citigroup (NYSE:C - Get Free Report) last issued its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.65 by $0.16. The firm had revenue of $19.87 billion during the quarter, compared to analyst estimates of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The business's revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.34 earnings per share. Analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Announces Dividend

The business also recently disclosed 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 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.