Picton Mahoney Asset Management Purchases New Holdings in Citigroup Inc. $C

Picton Mahoney Asset Management purchased a new position in shares of Citigroup Inc. (NYSE:C) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 141,341 shares of the company’s stock, valued at approximately $14,346,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in C. CI Investments Inc. grew its stake in shares of Citigroup by 295.3% in the third quarter. CI Investments Inc. now owns 1,224,264 shares of the company’s stock valued at $124,263,000 after buying an additional 914,546 shares in the last quarter. Mathes Company Inc. bought a new stake in Citigroup during the third quarter worth $213,000. Focus Partners Advisor Solutions LLC lifted its stake in Citigroup by 41.3% in the third quarter. Focus Partners Advisor Solutions LLC now owns 38,297 shares of the company’s stock valued at $3,887,000 after acquiring an additional 11,201 shares during the last quarter. 111 Capital grew its position in shares of Citigroup by 36.2% in the 3rd quarter. 111 Capital now owns 26,512 shares of the company’s stock valued at $2,691,000 after acquiring an additional 7,049 shares during the period. Finally, Bright Futures Wealth Management LLC. acquired a new position in shares of Citigroup during the 3rd quarter worth about $200,000. Institutional investors own 71.72% of the company’s stock.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup added to the banking lineup for the potential SpaceX IPO — this could translate into meaningful fee revenue and a high‑visibility mandate that supports investor sentiment. Citigroup Joins SpaceX IPO Process
• Positive Sentiment: Morgan Stanley’s recent public endorsement and renewed focus on Citigroup’s profitability targets and cost cuts is helping re‑rate the stock as investors track margin improvement and return‑on‑equity progress. Assessing Citigroup (C) Valuation After Morgan Stanley Endorsement And Profitability Push
• Positive Sentiment: Analyst coverage is constructive — Zacks highlights Citigroup as a top‑ranked growth stock under its style scores, which can attract momentum and quant flows. Citigroup (C) is a Top-Ranked Growth Stock: Should You Buy?
• Positive Sentiment: Citi signed a long‑term lease for new premium office space in Luxembourg (The Rock, Cloche d’Or), signaling continued international operations investment and stable client footprint in Europe. Citi chooses The Rock in Cloche d’Or
• Neutral Sentiment: Citi strategists flagged that surging European natural gas raises inflation and equities risks — a macro note that could influence trading and rates desks but is not a firm‑specific operational change. Surging European natural gas prices are an inflation worry, not just a commodities story – analyst
• Neutral Sentiment: Following a recent volatility event, Citi says it is cutting risk across several macro positions — a prudent risk‑management move that may reduce short‑term trading P&L but preserves capital. Geopolitical shock prompts risk reduction – Citi
• Negative Sentiment: A current Citi banker has filed a sexual‑harassment lawsuit and criticized the bank’s internal investigations unit, creating reputational and potential legal exposure that investors should monitor for settlements, regulatory scrutiny, or governance fallout. Citi banker suing for sexual harassment slams firm’s investigation unit as ‘internal hit squad’

Insider Transactions at Citigroup

In other news, 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 transaction of $4,796,088.57. Following the transaction, the insider directly owned 45,835 shares of the company’s stock, valued at approximately $5,091,810.15. This trade represents a 48.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.08% of the stock is owned by corporate insiders.

Citigroup Stock Performance

C opened at $111.34 on Thursday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 1.00. The business has a fifty day simple moving average of $116.21 and a 200 day simple moving average of $106.50. Citigroup Inc. has a 1 year low of $55.51 and a 1 year high of $125.16. The company has a market capitalization of $194.77 billion, a PE ratio of 15.97, a price-to-earnings-growth ratio of 0.71 and a beta of 1.17.

Citigroup (NYSE:C) last posted 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 firm had revenue of $19.87 billion for the quarter, compared to analysts’ expectations of $20.99 billion. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The company’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.34 EPS. Research analysts expect that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 2nd were paid a $0.60 dividend. The ex-dividend date was Monday, February 2nd. This represents a $2.40 annualized dividend and a yield of 2.2%. Citigroup’s payout ratio is 34.43%.

Wall Street Analyst Weigh In

C has been the subject of several recent analyst reports. Zacks Research downgraded shares of Citigroup from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. Oppenheimer raised their price objective on Citigroup from $141.00 to $144.00 and gave the company an “outperform” rating in a research report on Thursday, January 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Citigroup in a report on Wednesday, January 21st. Royal Bank Of Canada restated an “outperform” rating and issued a $121.00 price target on shares of Citigroup in a research note on Thursday, January 15th. Finally, Morgan Stanley set a $152.00 price objective on shares of Citigroup in a research report on Tuesday, February 17th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $127.25.

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.