Stevens Capital Management LP Sells 6,059 Shares of Citigroup Inc. $C

Stevens Capital Management LP lessened its stake in Citigroup Inc. (NYSE:C) by 30.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,529 shares of the company’s stock after selling 6,059 shares during the quarter. Stevens Capital Management LP’s holdings in Citigroup were worth $1,373,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of C. Norges Bank acquired a new position in shares of Citigroup in the 2nd quarter valued at approximately $2,455,929,000. Bank of New York Mellon Corp increased its stake in Citigroup by 17.6% in the third quarter. Bank of New York Mellon Corp now owns 28,125,995 shares of the company’s stock valued at $2,854,788,000 after acquiring an additional 4,211,099 shares during the last quarter. Bessemer Group Inc. raised its position in Citigroup by 6,172.0% during the third quarter. Bessemer Group Inc. now owns 2,904,795 shares of the company’s stock valued at $294,838,000 after purchasing an additional 2,858,481 shares in the last quarter. Jupiter Asset Management Ltd. lifted its stake in Citigroup by 440.5% during the third quarter. Jupiter Asset Management Ltd. now owns 1,835,767 shares of the company’s stock worth $186,330,000 after purchasing an additional 1,496,125 shares during the last quarter. Finally, Canada Pension Plan Investment Board lifted its stake in Citigroup by 47.4% during the second quarter. Canada Pension Plan Investment Board now owns 4,334,407 shares of the company’s stock worth $368,945,000 after purchasing an additional 1,393,865 shares during the last quarter. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently commented on C. Piper Sandler set a $135.00 price target on Citigroup in a report on Thursday, January 15th. Barclays lifted their target price on Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a research report on Monday, January 5th. Zacks Research raised shares of Citigroup from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. UBS Group reaffirmed a “neutral” rating and set a $132.00 price target on shares of Citigroup in a report on Thursday, January 15th. Finally, Morgan Stanley set a $152.00 price objective on shares of Citigroup in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $127.25.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup completed the sale of its AO Citibank Russian unit, which management expects will deliver roughly a $4 billion CET1 capital benefit in Q1 — a tangible capital boost that helps support buybacks and dividends. Citigroup Stock Up on AO Citibank Sale, Sees $4B CET1 Gain in Q1
• Positive Sentiment: Citi is beefing up private-bank leadership in North America as it pushes to grow wealth-management revenue — a strategic effort that can lift fee income and client deposits over time. Citi bolsters private bank leadership in North America push
• Neutral Sentiment: Citigroup published investment guidance (its so‑called “AI survival plan”) recommending bonds and small-cap stocks as defensive positioning amid AI-driven market shifts — a signal of how the bank is advising clients but not a direct earnings driver. Citigroup (C) Reveals Its ‘AI Survival Plan:’ Buy Bonds and Small-Cap Stocks
• Neutral Sentiment: Citi acted as counterparty on an accelerated share-repurchase with eToro — a client/transaction highlight that underscores fee and custody flows but is not material to Citi’s core results by itself. eToro Launches $50 Million Accelerated Share Buyback With Citibank
• Negative Sentiment: Card delinquency rates rose in January versus December, which could pressure asset quality and provisioning if the trend continues — a direct credit risk metric investors watch for future charge-offs. C’s January Card Delinquencies Rise: How it Will Impact Asset Quality?
• Negative Sentiment: A Bloomberg report highlighting record pay for Citi’s CEO and peers in 2025 raises governance/PR scrutiny that can weigh on investor sentiment, especially around compensation versus performance. Citigroup, BofA CEOs and Peers Notch a Record Payout in 2025

Citigroup Stock Performance

Citigroup stock opened at $115.84 on Friday. The business has a 50 day moving average of $116.77 and a 200-day moving average of $105.38. Citigroup Inc. has a 1 year low of $55.51 and a 1 year high of $125.16. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 0.99. The company has a market capitalization of $207.28 billion, a P/E ratio of 16.62, a P/E/G ratio of 0.74 and a beta of 1.18.

Citigroup (NYSE:C) last posted its earnings results on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, topping the consensus estimate of $1.65 by $0.16. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The business had revenue of $19.87 billion for the quarter, compared to the consensus estimate of $20.99 billion. During the same period last year, the company earned $1.34 EPS. The firm’s revenue was up 2.1% compared to the same quarter last year. On average, equities research analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 2nd will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Monday, February 2nd. Citigroup’s payout ratio is 34.43%.

Insider Buying and Selling at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the stock in a transaction 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 completion of the sale, the insider directly owned 45,835 shares in the company, valued at $5,091,810.15. This represents a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.08% of the stock is currently owned by corporate insiders.

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.