Vestmark Advisory Solutions Inc. Has $2.07 Million Position in Citigroup Inc. $C

Vestmark Advisory Solutions Inc. lifted its stake in Citigroup Inc. (NYSE:C) by 123.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,379 shares of the company’s stock after acquiring an additional 11,278 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Citigroup were worth $2,068,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in Citigroup in the 2nd quarter worth about $2,455,929,000. Bank of New York Mellon Corp grew its stake in shares of Citigroup by 17.6% in the 3rd 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 buying an additional 4,211,099 shares in the last quarter. Bessemer Group Inc. increased its holdings in Citigroup by 6,172.0% in the third quarter. Bessemer Group Inc. now owns 2,904,795 shares of the company’s stock worth $294,838,000 after buying an additional 2,858,481 shares during the last quarter. Jupiter Asset Management Ltd. raised its position in Citigroup by 440.5% during the third quarter. Jupiter Asset Management Ltd. now owns 1,835,767 shares of the company’s stock valued at $186,330,000 after acquiring an additional 1,496,125 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its position 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 valued at $368,945,000 after acquiring an additional 1,393,865 shares in the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Wall Street Analysts Forecast Growth

C has been the topic of several analyst reports. Piper Sandler set a $135.00 price target on shares of Citigroup in a research note on Thursday, January 15th. Morgan Stanley set a $152.00 price objective on Citigroup in a report on Tuesday, February 17th. Wells Fargo & Company set a $150.00 target price on Citigroup in a report on Monday, January 5th. Zacks Research cut Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Finally, Keefe, Bruyette & Woods lifted their price target on shares of Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a research report on Wednesday, December 17th. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $127.25.

Citigroup Stock Performance

Shares of NYSE C opened at $109.57 on Wednesday. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $125.16. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. The company has a market cap of $196.05 billion, a P/E ratio of 15.72, a P/E/G ratio of 0.71 and a beta of 1.18. The business’s 50 day moving average is $116.69 and its two-hundred day moving average is $105.82.

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

Citigroup Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 2nd will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.2%. Citigroup’s dividend payout ratio (DPR) is 34.43%.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi confirmed agreements to sell a 24% equity stake in Banamex for roughly $2.5 billion — a step that advances its plan to spin off and IPO the Mexican unit, provides near-term proceeds and de-risks the Mexico exposure, and supports management’s capital-allocation strategy. Citi signs deal to sell 24% equity stake in Banamex
• Neutral Sentiment: Citi shared client-flow color showing hedge-fund clients sold the U.S. dollar around the Supreme Court tariff ruling — useful read-through for FX and trading revenue trends but not an immediate company balance-sheet item. Citigroup’s hedge fund clients sold the dollar around Supreme Court tariff ruling
• Neutral Sentiment: Multiple Citigroup Global Markets Australia entities have notified issuers that they ceased to be substantial holders in a number of small Australian-listed companies — routine portfolio/market-making adjustments that may affect local float but have limited impact on Citi’s P&L. Citi Group Entities Cease to Be Substantial Holder in Weebit Nano
• Neutral Sentiment: Comments linked to Citi (former executive) on the rapid AI/robot adoption trend highlight industry research and thought leadership, which could shape future corporate lending and technology-adoption narratives but are not an immediate earnings driver. AI robots may outnumber workers in a few decades as firms ramp up investment
• Negative Sentiment: The White House is reportedly weighing requiring banks to collect citizenship information from new and existing customers — a policy change that could raise compliance costs, reduce onboarding/retention for some clients, and create friction across retail and commercial banking. White House Weighs Requiring Citizenship Checks for Bank Customers

Insider Transactions at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was 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 $5,091,810.15. The trade was a 48.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.08% of the stock is 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.