Citigroup Inc. $C Shares Sold by Tocqueville Asset Management L.P.

Posted by Grant Hamersma on Mar 13th, 2026

Tocqueville Asset Management L.P. reduced its holdings in Citigroup Inc. (NYSE:C – Free Report) by 16.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 378,018 shares of the company’s stock after selling 72,923 shares during the quarter. Tocqueville Asset Management L.P.’s holdings in Citigroup were worth $38,369,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Brookstone Capital Management lifted its position in shares of Citigroup by 31.5% during the 3rd 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 during the period. Permanent Capital Management LP acquired a new stake in shares of Citigroup in the 3rd quarter worth approximately $1,238,000. Donaldson Capital Management LLC acquired a new stake in shares of Citigroup in the 3rd quarter worth approximately $58,994,000. Penobscot Investment Management Company Inc. increased its stake in Citigroup by 61.5% in the 3rd quarter. Penobscot Investment Management Company Inc. now owns 57,033 shares of the company’s stock valued at $5,789,000 after purchasing an additional 21,720 shares in the last quarter. Finally, Perigon Wealth Management LLC increased its stake in Citigroup by 27.2% in the 3rd quarter. Perigon Wealth Management LLC now owns 75,566 shares of the company’s stock valued at $7,670,000 after purchasing an additional 16,171 shares in the last quarter. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

Citigroup Price Performance

NYSE:C traded up $1.53 during trading hours on Friday, reaching $107.03. 3,175,303 shares of the company traded hands, compared to its average volume of 14,910,789. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 1.00. The firm’s 50-day moving average is $114.92 and its 200-day moving average is $106.99. The stock has a market cap of $187.22 billion, a P/E ratio of 15.35, a P/E/G ratio of 0.70 and a beta of 1.17. Citigroup Inc. has a 1-year low of $55.51 and a 1-year high of $125.16.

Citigroup (NYSE:C – Get Free Report) last released its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.16. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The company had revenue of $19.87 billion during the quarter, compared to analysts’ expectations of $20.99 billion. During the same period in the previous year, the firm posted $1.34 earnings per share. The business’s revenue for the quarter was up 2.1% compared to the same quarter last year. Equities research analysts expect that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 2nd were paid a $0.60 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a $2.40 annualized dividend and a yield of 2.2%. Citigroup’s payout ratio is presently 34.43%.

Analyst Upgrades and Downgrades

C has been the topic of a number of research analyst reports. UBS Group reiterated a “neutral” rating and set a $132.00 target price on shares of Citigroup in a research report on Thursday, January 15th. HSBC restated a “buy” rating and issued a $87.00 price target on shares of Citigroup in a research report on Wednesday, January 7th. The Goldman Sachs Group boosted their price objective on shares of Citigroup from $113.00 to $127.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Oppenheimer increased their price objective on shares of Citigroup from $141.00 to $144.00 and gave the company an “outperform” rating in a research note on Thursday, January 15th. Finally, Morgan Stanley set a $152.00 target price on shares of Citigroup in a report on Tuesday, February 17th. Fourteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $127.25.

View Our Latest Analysis on Citigroup

More Citigroup News

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: Citi executed a milestone digital-markets transaction by issuing its first digitally native structured note via Euroclear’s D‑FMI platform — a sign of product/technology leadership in capital markets that could expand distribution and fee revenue over time. Citigroup (C) Issues First Digitally Native Structured Note via Euroclear
Positive Sentiment: Analyst commentary and coverage note Citi’s ongoing turnaround — improvement in investment banking fees and market revenues tied to its transformation plan, supporting the longer-term growth outlook for the franchise. C’s Turnaround Strengthens Growth Outlook: Should You Buy the Stock?
Neutral Sentiment: Citi group entities notified an exit as substantial holders in Australian restaurant chain Guzman y Gomez — a routine institutional position update that has limited direct impact on Citi’s own stock fundamentals. Citi Group Entities Cease to Be Substantial Holders in Guzman y Gomez
Negative Sentiment: Citi evacuated multiple buildings in the U.A.E. after reported threats tied to the Iran-related tensions — a direct operational disruption and a catalyst for risk-averse investor flows into safer assets and away from regional operations exposure. Citi evacuates offices in the Middle East after Iran threatens to target banks
Negative Sentiment: Financial sector weakness more broadly is pressuring bank shares, and Citi has been singled out to fall more than peers amid recent profit-taking and macro/geopolitical worries. Here’s Why Citigroup (C) Fell More Than Broader Market
Negative Sentiment: Sector reports show the NYSE financial index pulling back, which amplifies downward pressure on Citigroup due to its large weighting in bank indices and sensitivity to macro risk sentiment. Sector Update: Financial Stocks Fall Late Afternoon

Insiders Place Their Bets

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s 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 transaction, the insider directly owned 45,835 shares in the company, valued at approximately $5,091,810.15. This represents a 48.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.08% of the company’s stock.

Citigroup Company Profile

(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.