Citigroup Inc. $C Shares Sold by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR reduced its holdings in shares of Citigroup Inc. (NYSE:C) by 23.2% in the 4th quarter, HoldingsChannel reports. The fund 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 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wolff Wiese Magana LLC boosted its position in shares of Citigroup by 87.6% during the 3rd quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock worth $26,000 after acquiring an additional 120 shares in the last quarter. Richards Merrill & Peterson Inc. acquired a new position in shares of Citigroup during the 4th quarter worth about $28,000. Dunhill Financial LLC boosted its position 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 period. Luken Investment Analytics LLC acquired a new stake in shares of Citigroup in the 4th quarter valued at about $32,000. Finally, Guerra Advisors Inc acquired a new stake in shares of Citigroup in the 3rd quarter valued at about $33,000. 71.72% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently issued reports on C. Zacks Research cut Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Jefferies Financial Group began coverage on Citigroup in a research report on Thursday, March 26th. They issued a “buy” rating and a $135.00 target price for the company. Truist Financial set a $147.00 target price on Citigroup in a research report on Friday, May 1st. JPMorgan Chase & Co. upped their target price on Citigroup from $131.00 to $135.50 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Finally, Keefe, Bruyette & Woods upped their target price on Citigroup from $131.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $136.79.

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

Insider Buying and Selling

In other news, insider Edward Skyler sold 25,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 182,022 shares of the company’s stock, valued at approximately $23,919,511.02. This represents a 12.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Cantu Ernesto Torres sold 43,173 shares of the stock in a transaction that occurred on 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 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 disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 92,318 shares of company stock valued at $10,764,814. Company insiders own 0.11% of the company’s stock.

Citigroup Stock Up 1.1%

Citigroup stock opened at $128.99 on Friday. Citigroup Inc. has a twelve month low of $70.95 and a twelve month high of $135.29. The stock has a 50 day moving average of $117.98 and a two-hundred day moving average of $113.01. The company has a current ratio of 0.99, a quick ratio of 1.00 and a debt-to-equity ratio of 1.59. The stock has a market capitalization of $221.21 billion, a price-to-earnings ratio of 15.98, a PEG ratio of 0.57 and a beta of 1.14.

Citigroup (NYSE:C) last posted its quarterly earnings data 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. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The company had revenue of $24.63 billion during the quarter, compared to analysts’ expectations of $22.96 billion. During the same period last year, the firm earned $1.96 EPS. The firm’s revenue for the quarter was up 14.1% on a year-over-year basis. As a group, research analysts expect that Citigroup Inc. will post 10.65 earnings per share for the current year.

Citigroup Announces Dividend

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

Citigroup declared that its Board of Directors has initiated a share repurchase program on Thursday, May 7th that allows the company to buyback $30.00 billion in shares. This buyback authorization allows the company to repurchase up to 13.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s management 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.