Gabelli Funds LLC Sells 13,050 Shares of Citigroup Inc. $C

Posted by Brenda Bartman on May 19th, 2026

Gabelli Funds LLC cut its holdings in Citigroup Inc. (NYSE:C – Free Report) by 4.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 265,455 shares of the company’s stock after selling 13,050 shares during the period. Gabelli Funds LLC’s holdings in Citigroup were worth $30,976,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. RiverFront Investment Group LLC bought a new position in Citigroup in the fourth quarter valued at approximately $318,000. Sapient Capital LLC bought a new position in shares of Citigroup during the fourth quarter worth $233,000. North Dakota State Investment Board bought a new position in shares of Citigroup during the fourth quarter worth $7,305,000. Elyxium Wealth LLC bought a new position in shares of Citigroup during the fourth quarter worth $232,000. Finally, United Bank boosted its position in shares of Citigroup by 7.0% during the fourth quarter. United Bank now owns 15,852 shares of the company’s stock worth $1,850,000 after purchasing an additional 1,037 shares in the last quarter. 71.72% of the stock is owned by institutional investors.

Insider Activity at Citigroup

In other Citigroup news, Director John Cunningham Dugan sold 2,117 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $125.30, for a total value of $265,260.10. Following the sale, the director owned 12,194 shares in the company, valued at $1,527,908.20. This trade represents a 14.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Edward Skyler sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $131.41, for a total transaction of $3,285,250.00. Following the completion of the sale, the insider owned 182,022 shares in the company, valued at $23,919,511.02. This represents a 12.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.11% of the company’s stock.

Citigroup Stock Performance

Shares of NYSE:C opened at $122.34 on Tuesday. The company’s 50 day moving average price is $119.77 and its two-hundred day moving average price is $114.28. Citigroup Inc. has a 12-month low of $71.65 and a 12-month high of $135.29. The firm has a market cap of $208.66 billion, a PE ratio of 15.16, a PEG ratio of 0.55 and a beta of 1.14. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.59.

Citigroup (NYSE:C – Get Free Report) last announced its earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $0.43. The firm had revenue of $24.63 billion for the quarter, compared to analyst estimates of $22.96 billion. Citigroup had a net margin of 9.35% and a return on equity of 9.19%. The business’s revenue was up 14.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.96 EPS. Equities research analysts predict that Citigroup Inc. will post 10.65 earnings per share for the current year.

Citigroup announced that its Board of Directors has authorized a share repurchase plan on Thursday, May 7th that authorizes the company to repurchase $30.00 billion in outstanding shares. This repurchase authorization authorizes the company to buy up to 13.7% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Citigroup Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 4th will be given a dividend of $0.60 per share. The ex-dividend date is Monday, May 4th. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. Citigroup’s dividend payout ratio (DPR) is currently 29.74%.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on C. Wells Fargo & Company lifted their price target on shares of Citigroup from $160.00 to $162.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. Wall Street Zen raised shares of Citigroup from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. JPMorgan Chase & Co. boosted their price target on shares of Citigroup from $131.00 to $135.50 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Oppenheimer restated an “outperform” rating and issued a $145.00 price target on shares of Citigroup in a research note on Friday, May 8th. Finally, Evercore set a $139.00 price target on shares of Citigroup in a report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $137.62.

Get Our Latest Report on C

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: Citigroup and BlackRock’s HPS announced a €15 billion private capital program to expand direct lending in EMEA, giving Citi another way to grow fee income and deepen its lending franchise. Citigroup and HPS Investment Partners, a part of BlackRock, Announce €15 Billion Private Capital Program to Expand Direct Lending in EMEA
Positive Sentiment: Citigroup neared final approval for a wholly owned securities firm in China, which would let it directly offer investment banking and brokerage services onshore instead of relying on joint ventures. Citigroup Nears Final Approval for Wholly-Owned China Securities Firm
Positive Sentiment: Investor sentiment was also helped by a Goldman Sachs Buy rating and $149 price target, with analysts pointing to a cleaner path to improved profitability and higher returns. Citigroup (C) Among the Best Value Stocks to Buy for Long Term Investment
Neutral Sentiment: Broader financial stocks were higher on Monday afternoon, with the NYSE Financial Index up 1%, providing a mild sector tailwind for Citi. Sector Update: Financial Stocks Higher Monday Afternoon

Citigroup Company Profile

(Free Report)

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.