PVG Asset Management Corp Takes $465,000 Position in Citigroup Inc. $C

PVG Asset Management Corp purchased a new stake in shares of Citigroup Inc. (NYSE:C) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,986 shares of the company’s stock, valued at approximately $465,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Elmwood Wealth Management Inc. increased its holdings in shares of Citigroup by 1.3% during the fourth quarter. Elmwood Wealth Management Inc. now owns 6,845 shares of the company’s stock valued at $799,000 after acquiring an additional 85 shares in the last quarter. Park Place Capital Corp increased its holdings in shares of Citigroup by 16.7% during the fourth quarter. Park Place Capital Corp now owns 595 shares of the company’s stock valued at $69,000 after acquiring an additional 85 shares in the last quarter. N.E.W. Advisory Services LLC increased its holdings in shares of Citigroup by 14.9% during the fourth quarter. N.E.W. Advisory Services LLC now owns 703 shares of the company’s stock valued at $82,000 after acquiring an additional 91 shares in the last quarter. LeConte Wealth Management LLC increased its holdings in shares of Citigroup by 3.9% during the fourth quarter. LeConte Wealth Management LLC now owns 2,502 shares of the company’s stock valued at $292,000 after acquiring an additional 94 shares in the last quarter. Finally, SeaCrest Wealth Management LLC increased its holdings in shares of Citigroup by 0.6% during the fourth quarter. SeaCrest Wealth Management LLC now owns 15,411 shares of the company’s stock valued at $1,870,000 after acquiring an additional 97 shares in the last quarter. 71.72% of the stock is currently owned by institutional investors.

Insider Transactions at Citigroup

In other news, insider Cantu Ernesto Torres sold 43,173 shares of Citigroup 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 of the company’s stock, valued at $5,091,810.15. The trade was a 48.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Edward Skyler sold 25,000 shares of Citigroup stock in a transaction dated 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 transaction, the insider directly owned 182,022 shares in the company, valued at approximately $23,919,511.02. The trade was a 12.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 92,318 shares of company stock valued at $10,764,814. Corporate insiders own 0.11% of the company’s stock.

Citigroup Trading Down 0.6%

Citigroup stock opened at $128.42 on Wednesday. The business has a 50-day simple moving average of $116.54 and a two-hundred day simple moving average of $111.94. The company has a market cap of $220.23 billion, a P/E ratio of 15.91, a P/E/G ratio of 0.58 and a beta of 1.11. Citigroup Inc. has a 52-week low of $66.72 and a 52-week high of $135.29. The company has a quick ratio of 1.00, a current ratio of 0.99 and a debt-to-equity ratio of 1.59.

Citigroup (NYSE:C) last released its quarterly earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.43. The business had revenue of $24.63 billion during the quarter, compared to the consensus estimate of $22.96 billion. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The business’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.96 EPS. Analysts predict that Citigroup Inc. will post 10.62 EPS for the current year.

Citigroup Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Monday, May 4th will be paid a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date is Monday, May 4th. Citigroup’s payout ratio is currently 29.74%.

Analyst Ratings Changes

Several equities analysts have recently weighed in on C shares. Zacks Research downgraded Citigroup from a “strong-buy” rating to a “hold” rating in a report on Friday, February 20th. Keefe, Bruyette & Woods lifted their price objective on Citigroup from $131.00 to $140.00 and gave the stock an “outperform” rating in a report on Wednesday, April 15th. UBS Group reiterated a “neutral” rating and issued a $132.00 price objective on shares of Citigroup in a report on Thursday, January 15th. HSBC reiterated a “buy” rating and issued a $87.00 price objective on shares of Citigroup in a report on Wednesday, January 7th. Finally, The Goldman Sachs Group lifted their price objective on Citigroup from $137.00 to $151.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Citigroup presently has a consensus rating of “Moderate Buy” and an average target price of $135.94.

Citigroup News Summary

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

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.