QRG Capital Management Inc. Purchases 33,795 Shares of Citigroup Inc. $C

Key Points

• QRG Capital Management increased its stake in Citigroup by 10.4%, buying 33,795 shares to hold 359,249 shares valued at about $41.92 million, and institutional investors now own 71.72% of the stock.
• Insiders have been net sellers recently — 92,318 shares sold in the last 90 days (including Cantu’s 43,173 and Edward Skyler’s 25,000), leaving corporate insiders with only about 0.11% ownership.
• Citigroup beat estimates with $3.06 EPS (vs. $2.63) and $24.63B revenue (up 14.1% YoY), announced a $0.60 quarterly dividend (yield 1.9%), and holds a MarketBeat consensus of Moderate Buy with an average target of $136.79 amid several price‑target raises.

QRG Capital Management Inc. increased its position in shares of Citigroup Inc. (NYSE:C - Free Report) by 10.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 359,249 shares of the company's stock after acquiring an additional 33,795 shares during the quarter. QRG Capital Management Inc.'s holdings in Citigroup were worth $41,921,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Pinnacle Wealth Management Advisory Group LLC lifted its stake in Citigroup by 16.5% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 20,047 shares of the company's stock valued at $2,339,000 after buying an additional 2,839 shares in the last quarter. Truist Financial Corp lifted its stake in Citigroup by 4.7% in the fourth quarter. Truist Financial Corp now owns 375,977 shares of the company's stock valued at $43,873,000 after buying an additional 16,744 shares in the last quarter. Altrius Capital Management Inc lifted its stake in Citigroup by 1.4% in the fourth quarter. Altrius Capital Management Inc now owns 52,222 shares of the company's stock valued at $6,094,000 after buying an additional 743 shares in the last quarter. Avidian Wealth Enterprises LLC lifted its stake in Citigroup by 4.3% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 7,673 shares of the company's stock valued at $895,000 after buying an additional 319 shares in the last quarter. Finally, Mcdonald Partners LLC lifted its stake in Citigroup by 3.1% in the fourth quarter. Mcdonald Partners LLC now owns 26,035 shares of the company's stock valued at $3,038,000 after buying an additional 775 shares in the last quarter. Institutional investors own 71.72% of the company's stock.

Insiders Place Their Bets

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the business's stock in a transaction on Friday, February 13th. The shares were sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the transaction, 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Edward Skyler sold 25,000 shares of the business's stock in a transaction 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. The trade was a 12.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over 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 corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on C. Wolfe Research reaffirmed an "outperform" rating and issued a $141.00 price target on shares of Citigroup in a research note on Wednesday, January 7th. Truist Financial set a $147.00 price target on shares of Citigroup in a research note on Friday. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Citigroup in a research note on Monday, April 20th. Jefferies Financial Group began coverage on shares of Citigroup in a research note on Thursday, March 26th. They issued a "buy" rating and a $135.00 price target on the stock. Finally, Wells Fargo & Company lifted their price target on shares of Citigroup from $160.00 to $162.00 and gave the company an "overweight" rating in a research note on Wednesday, April 29th. One investment 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. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $136.79.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi is changing its incentives so employees are paid directly for generating banking and wealth referrals, a move designed to boost cross‑sell, simplify revenue attribution and align sales incentives across units. This could lift fee income and client origination if execution is smooth. Citigroup sets new rewards structure for banking and wealth referrals
• Positive Sentiment: Citi launched an internal platform to deploy AI agents across banking workflows — a potential efficiency and productivity lever that could reduce operating costs and speed client servicing and product rollouts. Citi Debuts Platform to Bring AI Agents to Banking Work
• Positive Sentiment: Citi hired Raj Rathi as head of M&A in India, signaling investment in deal origination and growth in a high‑potential market — supportive for future fee revenue in corporate banking and advisory. Citi Hires Raj Rathi From Dream Sports as Head of M&A in India
• Positive Sentiment: Analyst sentiment and targets remain constructive: a recent price‑target raise and bullish analyst writeups highlight expectations for continued earnings growth and multiple expansion as Citi executes. These inputs can support investor confidence over time. Citigroup NYSE: C Price Target Raised to $135.50
• Positive Sentiment: Zacks and other coverage point to Citi as a long‑term growth candidate based on style scores and recent performance, reinforcing the narrative that the bank can continue to outpace peers if margins and credit trends hold. Why Citigroup (C) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: A reported $52 million payment related to banker Viswas Raghavan draws headlines but is small relative to Citi’s scale; impact is likely limited to reputation/one‑off expense rather than fundamentals. Indian-origin banker Viswas Raghavan to receive $52 million from Citigroup
• Neutral Sentiment: Citi Wealth’s Investment Lab published research challenging common timing assumptions for investing at S&P highs — useful for thought leadership and client engagement but with uncertain direct revenue impact. Citi's data could change how you invest at S&P 500 highs

Citigroup Stock Performance

Shares of C stock opened at $125.58 on Tuesday. The company's fifty day simple moving average is $117.01 and its 200-day simple moving average is $112.36. The company has a quick ratio of 1.00, a current ratio of 0.99 and a debt-to-equity ratio of 1.59. The firm has a market cap of $215.36 billion, a PE ratio of 15.56, a P/E/G ratio of 0.57 and a beta of 1.14. Citigroup Inc. has a 12 month low of $69.17 and a 12 month high of $135.29.

Citigroup (NYSE:C - Get Free Report) last issued its earnings results 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. The business had revenue of $24.63 billion for the quarter, compared to the consensus estimate of $22.96 billion. Citigroup had a net margin of 9.35% and a return on equity of 9.19%. The firm's revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the previous year, the company earned $1.96 earnings per share. Equities research analysts expect that Citigroup Inc. will post 10.66 EPS for the current fiscal year.

Citigroup Dividend Announcement

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

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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