Lincluden Management Ltd. Sells 4,752 Shares of Citigroup Inc. $C

Lincluden Management Ltd. trimmed its holdings in Citigroup Inc. (NYSE:C) by 10.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 39,216 shares of the company’s stock after selling 4,752 shares during the period. Lincluden Management Ltd.’s holdings in Citigroup were worth $4,576,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in C. Vest Financial LLC lifted its position in shares of Citigroup by 23.8% during the fourth quarter. Vest Financial LLC now owns 33,049 shares of the company’s stock valued at $3,856,000 after purchasing an additional 6,354 shares in the last quarter. Strategic Blueprint LLC lifted its position in shares of Citigroup by 1.6% during the fourth quarter. Strategic Blueprint LLC now owns 46,956 shares of the company’s stock valued at $5,479,000 after purchasing an additional 735 shares in the last quarter. Wealthfront Advisers LLC lifted its position in shares of Citigroup by 5.0% during the fourth quarter. Wealthfront Advisers LLC now owns 208,067 shares of the company’s stock valued at $24,279,000 after purchasing an additional 10,001 shares in the last quarter. Samalin Investment Counsel LLC lifted its position in shares of Citigroup by 5.4% during the fourth quarter. Samalin Investment Counsel LLC now owns 6,159 shares of the company’s stock valued at $719,000 after purchasing an additional 318 shares in the last quarter. Finally, Torren Management LLC bought a new position in shares of Citigroup during the fourth quarter valued at about $79,000. 71.72% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on C shares. TD Cowen reissued a “hold” rating on shares of Citigroup in a research report on Wednesday, January 7th. Wells Fargo & Company raised their price target on shares of Citigroup from $150.00 to $160.00 and gave the company an “overweight” rating in a research report on Wednesday, April 15th. Morgan Stanley raised their price target on shares of Citigroup from $140.00 to $144.00 and gave the company an “overweight” rating in a research report on Wednesday, April 15th. JPMorgan Chase & Co. dropped their price target on shares of Citigroup from $134.00 to $131.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 7th. Finally, Piper Sandler reissued an “overweight” rating and set a $145.00 price target (up from $125.00) on shares of Citigroup in a research report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $135.94.

Citigroup Stock Performance

NYSE C opened at $128.42 on Wednesday. Citigroup Inc. has a 52-week low of $66.72 and a 52-week high of $135.29. The company has a 50-day simple moving average of $116.54 and a 200 day simple moving average of $111.94. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.00 and a current ratio of 0.99. The company has a market capitalization of $220.23 billion, a PE ratio of 15.91, a price-to-earnings-growth ratio of 0.58 and a beta of 1.11.

Citigroup (NYSE:C) last posted its quarterly earnings data 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. Citigroup had a net margin of 9.35% and a return on equity of 9.19%. The business had revenue of $24.63 billion during the quarter, compared to the consensus estimate of $22.96 billion. During the same quarter last year, the company posted $1.96 earnings per share. The firm’s quarterly revenue was up 14.1% compared to the same quarter last year. On average, research analysts predict that Citigroup Inc. will post 10.62 EPS for the current year.

Citigroup Announces Dividend

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

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Erste Group raised its earnings forecasts for Citigroup, lifting FY2026 to $10.82 EPS (from $10.33) and FY2027 to $12.45 (from $12.15), well above the current consensus of $10.62 — a direct bullish revision to Citi’s fundamentals that can support higher valuation.
• Positive Sentiment: Citigroup research boosted its long-term AI market view, now forecasting a >$4.2 trillion AI opportunity by 2030 (with ~$1.9T from enterprise AI) — a positive signal for Citi’s research/advisory franchise and investment-banking/markets revenue exposure. Citigroup lifts AI market view over $4 trillion
• Positive Sentiment: Citi is expanding its Asia investment-banking teams (Japan and China) with senior, sector-focused hires — a growth move aimed at winning cross‑border M&A and fee-rich mandates in higher‑growth markets. Citi to boost Japan, China investment banking teams
• Positive Sentiment: Citi hired James Potts from Barclays to run its shareholder advisory/activism arm — a strategic hire that could deepen client relationships and advisory fee pools. Citi hires Barclays’ Potts
• Positive Sentiment: Citi Wealth partnered with Advyzon to strengthen its advisory offering — supportive for long-term wealth-management growth and recurring-fee revenue. Citi Strengthens Advisory Unit (Citi Wealth)
• Neutral Sentiment: Citi research notes show foreign demand rotating into TMT credit and away from financials — a market-flow observation that could press financial-sector multiples if the trend persists, but it’s industry-wide rather than Citi-specific. Foreign demand for US corporate bonds rises
• Negative Sentiment: Insider selling and large institutional reductions were highlighted in recent data (multiple insider sales; UBS Asset Management and other large holders trimmed positions substantially) — raises governance/flow headlines and could add selling pressure or cap near-term upside. Quiver Quant: Citigroup ownership, insider & institutional moves

Insider Activity

In other news, insider Cantu Ernesto Torres sold 43,173 shares of Citigroup stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $111.09, for a total value of $4,796,088.57. Following the completion of the transaction, the insider owned 45,835 shares in the company, valued at $5,091,810.15. This trade represents a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Edward Skyler sold 25,000 shares of Citigroup stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $131.41, for a total transaction of $3,285,250.00. Following the completion of the transaction, the insider owned 182,022 shares of the company’s stock, valued at $23,919,511.02. The trade was a 12.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 92,318 shares of company stock valued at $10,764,814 in the last quarter. Corporate insiders own 0.11% of the company’s stock.

Citigroup Company 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.