Richard Bernstein Advisors LLC Sells 27,400 Shares of Citigroup Inc. $C

Richard Bernstein Advisors LLC cut its position in shares of Citigroup Inc. (NYSE:C) by 61.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,344 shares of the company’s stock after selling 27,400 shares during the period. Richard Bernstein Advisors LLC’s holdings in Citigroup were worth $1,760,000 at the end of the most recent reporting period.

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

Insider Activity

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction that occurred on 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 approximately $5,091,810.15. The trade was a 48.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.08% of the stock is currently owned by insiders.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Zacks upgraded Citigroup to a Buy (Zacks Rank #2), which often triggers short-term inflows and coverage-related buying from retail and quant screens. All You Need to Know About Citigroup (C) Rating Upgrade to Buy
• Positive Sentiment: Unusually large call-option buying was reported (≈93,383 calls, ~25% above average), signalling speculative or hedge-driven bullish positioning that can amplify upside into near-term expiries.
• Positive Sentiment: Citi issued a digitally native structured note on Euroclear’s D‑FMI DLT platform — a visible example of product innovation and growth in the wealth-management and capital-markets business lines. Citi Issues Inaugural Digitally Native Structured Note on Euroclear’s D-FMI DLT Platform
• Positive Sentiment: Reports say Blackstone is working with Citi on a revived sale of ShyaHsin Packaging — indicative of ongoing M&A/advisory mandates that can boost fees and trading flows. Blackstone Is Said to Work With Citi on Revived Sale of ShyaHsin Packaging
• Positive Sentiment: TradeSmith’s health indicator recently included Citigroup among non-tech names in its “Green Zone,” supporting a constructive view on Citigroup’s financial health. 3 Non-Tech Stocks in TradeSmith’s Green Zone for Financial Health (C)
• Neutral Sentiment: Some brokerages collectively rate Citi as a “Moderate Buy” — steady, but not uniformly bullish enough to drive a larger re-rate on its own. Citigroup Inc. (NYSE:C) Given Average Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Citi group entities notified Bapcor that holdings fell below the substantial‑holder threshold — a routine ownership update with limited direct impact on Citi’s core business. Citi Group Entities Fall Below Substantial Holder Threshold in Bapcor
• Neutral Sentiment: Wider Middle East conflict is driving higher energy prices and market volatility — a mixed macro backdrop for banks (higher rates can help net interest income, but volatility and recession risk can hurt credit and trading). Asia’s Fuel Crunch Forces Four-Day Weeks and School Closures
• Negative Sentiment: Citi suffered the largest fall among banks in a global gender ranking — a reputational/ESG negative that could affect investor perception and long-term flows from ESG-focused funds. Citi suffers largest fall among banks in global gender ranking
• Negative Sentiment: Industry friction over crypto bank charters — the Bank Policy Institute is weighing legal action against the OCC — underscores regulatory uncertainty that could raise compliance costs or slow industry initiatives, creating a broader headwind for big banks. US banking lobby considers suing OCC over crypto bank charters: Report

Citigroup Trading Up 0.1%

C opened at $106.62 on Tuesday. The stock has a market capitalization of $186.52 billion, a P/E ratio of 15.30, a P/E/G ratio of 0.68 and a beta of 1.17. The firm’s fifty day simple moving average is $115.45 and its 200 day simple moving average is $106.89. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $125.16. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.63.

Citigroup (NYSE:C) last posted its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.16. The company had revenue of $19.87 billion for the quarter, compared to the consensus estimate of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The firm’s revenue was up 2.1% compared to the same quarter last year. During the same period last year, the company earned $1.34 earnings per share. As a group, research analysts anticipate that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 2nd were issued a dividend of $0.60 per share. The ex-dividend date was Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.3%. Citigroup’s dividend payout ratio (DPR) is presently 34.43%.

Wall Street Analyst Weigh In

C has been the subject of a number of research analyst reports. HSBC reaffirmed a “buy” rating and issued a $87.00 price target on shares of Citigroup in a report on Wednesday, January 7th. JPMorgan Chase & Co. upped their target price on shares of Citigroup from $130.00 to $134.00 and gave the company an “overweight” rating in a research report on Monday, February 9th. Oppenheimer increased their price objective on shares of Citigroup from $141.00 to $144.00 and gave the company an “outperform” rating in a report on Thursday, January 15th. Barclays increased their price target on Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Finally, Wells Fargo & Company set a $150.00 target price on Citigroup in a research note on Monday, January 5th. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $127.25.

About Citigroup

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.