Citigroup Inc. $C Stock Position Cut by Maltese Capital Management LLC

Maltese Capital Management LLC lessened its holdings in shares of Citigroup Inc. (NYSE:C) by 30.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 209,300 shares of the company’s stock after selling 90,700 shares during the quarter. Citigroup comprises about 3.2% of Maltese Capital Management LLC’s holdings, making the stock its biggest holding. Maltese Capital Management LLC’s holdings in Citigroup were worth $21,244,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Brookstone Capital Management raised its stake in shares of Citigroup by 31.5% in the third quarter. Brookstone Capital Management now owns 75,914 shares of the company’s stock valued at $7,705,000 after acquiring an additional 18,176 shares in the last quarter. Permanent Capital Management LP purchased a new position in shares of Citigroup in the 3rd quarter valued at about $1,238,000. Donaldson Capital Management LLC purchased a new position in shares of Citigroup in the 3rd quarter valued at about $58,994,000. Penobscot Investment Management Company Inc. grew its position in shares of Citigroup by 61.5% during the third quarter. Penobscot Investment Management Company Inc. now owns 57,033 shares of the company’s stock worth $5,789,000 after buying an additional 21,720 shares in the last quarter. Finally, Perigon Wealth Management LLC increased its stake in shares of Citigroup by 27.2% during the third quarter. Perigon Wealth Management LLC now owns 75,566 shares of the company’s stock worth $7,670,000 after buying an additional 16,171 shares during the period. Institutional investors and hedge funds own 71.72% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on C shares. Truist Financial boosted their price target on shares of Citigroup from $123.00 to $129.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Morgan Stanley set a $152.00 price objective on Citigroup in a report on Tuesday, February 17th. Piper Sandler set a $135.00 price target on Citigroup in a research report on Thursday, January 15th. Keefe, Bruyette & Woods increased their price objective on Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a report on Wednesday, December 17th. Finally, Wells Fargo & Company set a $150.00 price target on shares of Citigroup in a research report on Monday, January 5th. Fourteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Citigroup has a consensus rating of “Moderate Buy” and a consensus target price of $127.25.

Citigroup Stock Performance

NYSE C opened at $107.26 on Tuesday. Citigroup Inc. has a fifty-two week low of $55.51 and a fifty-two week high of $125.16. The company has a market cap of $187.62 billion, a P/E ratio of 15.39, a P/E/G ratio of 0.68 and a beta of 1.17. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.00 and a current ratio of 1.00. The business’s 50 day moving average price is $114.34 and its 200-day moving average price is $107.29.

Citigroup (NYSE:C) last announced its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.16. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The business had revenue of $19.87 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same quarter in the previous year, the business earned $1.34 earnings per share. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. Sell-side analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 2nd were paid a $0.60 dividend. The ex-dividend date was 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 presently 34.43%.

Insider Buying and Selling at Citigroup

In other news, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $111.09, for a total transaction 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. The trade was a 48.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.08% of the company’s stock.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi opened a large new office in Charlotte, promising hundreds of jobs — a sign of domestic investment and potential cost/scale benefits that investors view as constructive for long‑term operations. Banking giant opens Ballantyne office, adding over 500 jobs in Charlotte
• Positive Sentiment: Citi initiated coverage of Nebius Group NV with a Buy — a reminder that Citi’s research franchise remains active and visible, which can help investment‑banking and research revenue credibility (limited direct impact on C’s share price but positive for franchise perception). Citigroup initiates coverage of Nebius Group NV (NBIS) with buy recommendation
• Neutral Sentiment: Citi denied reports of damage to its Middle East offices — a reassurance that limits immediate operational worry, though regional tensions remain a live risk for the bank’s Gulf operations. Citigroup denies reports of damage to Middle East offices amid regional tensions
• Neutral Sentiment: Citi Research cut its Nifty multiple and warned the Iran war could hit India growth — this highlights cautious macro views from Citi Research that affect market guidance but are not direct hits to Citi’s core fundamentals. Citi cuts Nifty’s target to 27,000 on earnings, macro risks from raging Iran war
• Negative Sentiment: Citi cut 12‑month price targets for Bitcoin and Ether as U.S. crypto legislation stalls — this signals the bank expects lower crypto trading/ETF catalysts, which could weigh on trading revenue and investor enthusiasm around digital‑asset strategies. Citigroup cuts 12-month bitcoin, ether targets as US crypto legislation stalls
• Negative Sentiment: Citi will keep most UAE branches closed indefinitely amid Iran war disruptions — ongoing regional closures and staff restrictions are direct operational risks for revenue and client service in a key emerging‑market hub. Citi to keep most UAE branches closed indefinitely due to Iran war
• Negative Sentiment: Recent data show multiple Citi insider sales and large institutional rebalancings in Q4 — insider selling and notable institutional trimming can create caution among some investors. Citigroup Stock (C) Opinions on Dubai Office Measures Amid Regional Tensions

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.