TKG Advisors LLC Has $6.72 Million Stock Position in Citigroup Inc. $C

TKG Advisors LLC increased its stake in shares of Citigroup Inc. (NYSE:C) by 146.7% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 57,604 shares of the company’s stock after acquiring an additional 34,256 shares during the period. Citigroup accounts for 2.7% of TKG Advisors LLC’s holdings, making the stock its 10th largest position. TKG Advisors LLC’s holdings in Citigroup were worth $6,722,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Capital World Investors lifted its position in shares of Citigroup by 6.5% during the 3rd quarter. Capital World Investors now owns 47,262,626 shares of the company’s stock worth $4,797,292,000 after buying an additional 2,871,074 shares during the period. Fisher Asset Management LLC lifted its position in shares of Citigroup by 2.7% during the 3rd quarter. Fisher Asset Management LLC now owns 33,040,513 shares of the company’s stock worth $3,353,612,000 after buying an additional 879,056 shares during the period. Franklin Resources Inc. lifted its position in shares of Citigroup by 1.8% during the 3rd quarter. Franklin Resources Inc. now owns 32,870,559 shares of the company’s stock worth $3,336,362,000 after buying an additional 580,027 shares during the period. Bank of New York Mellon Corp lifted its position in shares of Citigroup by 17.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 28,125,995 shares of the company’s stock worth $2,854,788,000 after buying an additional 4,211,099 shares during the period. Finally, Legal & General Group Plc lifted its position in shares of Citigroup by 1.6% during the 3rd quarter. Legal & General Group Plc now owns 13,844,014 shares of the company’s stock worth $1,405,167,000 after buying an additional 219,100 shares during the period. Institutional investors own 71.72% of the company’s stock.

Citigroup Stock Down 0.9%

NYSE C opened at $128.51 on Friday. The stock has a fifty day moving average of $115.53 and a 200-day moving average of $111.06. The stock has a market capitalization of $220.38 billion, a P/E ratio of 15.92, a price-to-earnings-growth ratio of 0.58 and a beta of 1.11. Citigroup Inc. has a 52 week low of $65.78 and a 52 week high of $135.29. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.00 and a current ratio of 0.99.

Citigroup (NYSE:C) last released its earnings results on Tuesday, April 14th. The company reported $3.06 EPS for the quarter, beating the consensus estimate of $2.63 by $0.43. The company had revenue of $24.63 billion during the quarter, compared to analysts’ expectations of $22.96 billion. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The business’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period last year, the firm earned $1.96 EPS. On average, equities research analysts forecast that Citigroup Inc. will post 10.62 EPS for the current year.

Citigroup Announces Dividend

The company 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 $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend is Monday, May 4th. Citigroup’s dividend payout ratio (DPR) is 29.74%.

Insider Buying and Selling at Citigroup

In other news, insider Cantu Ernesto Torres sold 43,173 shares of Citigroup 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 of the company’s stock, valued at approximately $5,091,810.15. This trade represents a 48.50% decrease in their position. The transaction 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 Citigroup stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $131.41, for a total value of $3,285,250.00. Following the completion of the sale, the insider directly owned 182,022 shares of the company’s stock, valued at $23,919,511.02. This trade represents a 12.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 92,318 shares of company stock valued at $10,764,814 over the last three months. Insiders own 0.11% of the company’s stock.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Q1 earnings beat and AI launch lifted sentiment — Citi reported above‑consensus Q1 results and has rolled out AI initiatives that helped push the shares to a 52‑week high, reinforcing the turnaround narrative and investor confidence. Read More.
• Positive Sentiment: Citi is investing in wealth tech with an AI avatar (“Sky”) — management expects this to boost advisor productivity and client growth in higher‑margin wealth management, a potential driver of revenue and multiple expansion if adoption scales. Read More.
• Positive Sentiment: Dividend and analyst upgrades support the thesis — Citi recently announced a quarterly dividend and multiple sell‑side firms have raised price targets and reiterated Buy/Outperform ratings, which helps sustain buying interest. Read More.
• Neutral Sentiment: Debt‑note repurchase offers announced — Citigroup Global Markets launched offers to purchase several series of outstanding Citi notes; this is a balance‑sheet management move that could be neutral-to-slightly‑positive depending on funding and execution. Read More.
• Negative Sentiment: Insider selling may trigger short‑term pressure — SEC filings show insider Edward Skyler sold 25,000 shares (about $3.29M at the trade price); investors often interpret sizable insider sales as profit‑taking and it can weigh on near‑term sentiment even when company fundamentals remain intact. Read More.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. HSBC reaffirmed a “buy” rating and set a $87.00 price target on shares of Citigroup in a report on Wednesday, January 7th. The Goldman Sachs Group raised their price target on Citigroup from $137.00 to $151.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $139.00 price target on shares of Citigroup in a report on Wednesday, April 15th. Oppenheimer raised their price target on Citigroup from $132.00 to $144.00 and gave the company an “outperform” rating in a report on Wednesday, April 15th. Finally, Morgan Stanley raised their price target on Citigroup from $140.00 to $144.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Citigroup currently has an average rating of “Moderate Buy” and a consensus price target of $135.94.

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.