Key Points
- Edward Skyler sold 25,000 Citigroup shares on April 15 at an average price of $131.41 for $3.285M, trimming his position by 12.08% to 182,022 shares (≈$23.92M).
- Citigroup beat Q1 estimates with $3.06 EPS (vs. $2.63 expected) and $24.63B revenue (vs. $22.96B), prompting analyst price-target raises and a consensus "Moderate Buy" (avg. target ≈ $135.94).
- The board announced a quarterly dividend of $0.60 ($2.40 annualized), a ~1.9% yield, with an ex-dividend date of May 4 and payment on May 22.
Citigroup Inc. (NYSE:C - Get Free Report) insider Edward Skyler sold 25,000 shares of the company's stock in a transaction dated 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 approximately $23,919,511.02. This trade represents a 12.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Citigroup Stock Performance
Shares of Citigroup stock opened at $128.51 on Friday. The firm has a market cap of $220.38 billion, a PE ratio of 15.92, a price-to-earnings-growth ratio of 0.58 and a beta of 1.11. The firm's 50-day simple moving average is $115.53 and its 200-day simple moving average is $111.06. The company has a debt-to-equity ratio of 1.59, a quick ratio of 1.00 and a current ratio of 0.99. Citigroup Inc. has a 1 year low of $65.78 and a 1 year high of $135.29.
Citigroup (NYSE:C - Get Free Report) last issued its 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 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 company's revenue for the quarter was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.96 EPS. Equities analysts forecast that Citigroup Inc. will post 10.62 earnings per share for the current fiscal year.
Citigroup Dividend Announcement
The business 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. 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 dividend payout ratio is 29.74%.
Institutional Investors Weigh In On Citigroup
A number of institutional investors have recently modified their holdings of C. Brighton Jones LLC grew its position in shares of Citigroup by 166.9% during the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company's stock valued at $1,407,000 after buying an additional 12,499 shares during the last quarter. Sivia Capital Partners LLC increased its stake in shares of Citigroup by 20.5% in the second quarter. Sivia Capital Partners LLC now owns 9,805 shares of the company's stock valued at $835,000 after purchasing an additional 1,669 shares during the period. United Bank acquired a new stake in shares of Citigroup in the second quarter valued at approximately $972,000. Osterweis Capital Management Inc. increased its stake in shares of Citigroup by 3,016.7% in the second quarter. Osterweis Capital Management Inc. now owns 935 shares of the company's stock valued at $80,000 after purchasing an additional 905 shares during the period. Finally, HUB Investment Partners LLC increased its stake in shares of Citigroup by 26.9% in the second quarter. HUB Investment Partners LLC now owns 15,287 shares of the company's stock valued at $1,301,000 after purchasing an additional 3,238 shares during the period. Institutional investors own 71.72% of the company's stock.
Wall Street Analysts Forecast Growth
C has been the topic of a number of recent analyst reports. Truist Financial upped their target price on shares of Citigroup from $133.00 to $139.00 and gave the company a "buy" rating in a research note on Wednesday, April 15th. Piper Sandler restated an "overweight" rating and issued a $145.00 target price (up from $125.00) on shares of Citigroup in a research note on Wednesday, April 15th. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $139.00 price objective on shares of Citigroup in a research report on Wednesday, April 15th. Zacks Research downgraded shares of Citigroup from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 20th. Finally, The Goldman Sachs Group boosted their price objective on shares of Citigroup from $137.00 to $151.00 and gave the company a "buy" rating in a research report on Wednesday, April 15th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $135.94.
View Our Latest Stock Report on C
Citigroup News Summary
Here are the key news stories impacting Citigroup this week:
- Positive Sentiment: Q1 earnings and analyst focus reinforce earnings momentum — Citi’s recent quarterly beat and revenue outperformance keep attention on its turnaround and capital returns, supporting investor confidence. Big Bank Earnings Gave Financials a Lift
- Positive Sentiment: Citi is investing in wealth tech — the bank’s new AI avatar “Sky” for advisors is positioned to boost productivity and client growth in wealth management, a higher‑margin business that investors view as a catalyst for earnings multiple expansion. Citi Is Launching an AI Avatar Named Sky
- Positive Sentiment: Sell‑side attention remains constructive — analysts and strategist writeups (Zacks and others) are highlighting Citi as a momentum/transformational play within banks, which can sustain buyer interest. The Zacks Analyst Blog
- Neutral Sentiment: Debt note repurchase offers announced — Citigroup Global Markets commenced offers to purchase several series of Citigroup notes, a balance‑sheet management move that can be neutral to slightly positive (reduces outstanding debt or optimizes capital structure) depending on execution and funding. Citi Announces Offers to Purchase Notes
- Negative Sentiment: Insider selling — a recent SEC disclosure shows Citigroup insider Edward Skyler sold 25,000 shares, which can trigger short‑term selling pressure or be read as profit‑taking after Citi’s strong run. Investors often treat sizable insider sales as a cautionary signal even if driven by personal liquidity needs. Insider Sale SEC Filing
Citigroup Company Profile
(
Get 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.
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