Silvercrest Asset Management Group 13F: Cuts C Stake by $21M
Silvercrest Asset Management Group trimmed its stake in Citigroup Inc. NYSE: C during the period.
Reviewed by automated data checks against the source filing. How we make and check alerts
Silvercrest Asset Management Group sold 148,295 shares from its stake in Citigroup Inc. ($C), a 15.75% decrease, according to a 13F filing with the SEC dated May 15, 2026. It reported 793,524 shares worth $111.06 million at the end of the quarter.
Since the filing, $C is up 1.4% after 1 week, up 14.4% after 1 month and up 1.2% to date (from the $122.80 close on May 15, 2026).
Find the original: Silvercrest Asset Management Group 13F filings on SEC EDGAR
C
Citigroup Inc.
Key Points
- Silvercrest Asset Management Group trimmed its stake in Citigroup Inc. NYSE: C by 15.7%, shedding 148,295 shares to finish the period with 793,524 shares.
- The remaining position in Citigroup Inc. carried a reported value of about $111.1 million based on the latest SEC filing details.
- Wall Street analysts hold a consensus buy recommendation on Citigroup Inc. shares with a target mean price of $150.71.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Citigroup Inc. alert may contain errors. Disclosures
Silvercrest Asset Management Group reduced its investment in Citigroup Inc. NYSE: C during the period, according to a Form 13F filed with the Securities and Exchange Commission. The firm is known for managing wealth and portfolios for individuals and institutions, often adjusting allocations across financial giants as market conditions shift.
Silvercrest Trims Citigroup Shares
During the filing period, Silvercrest Asset Management Group cut its position by 15.7%, selling 148,295 shares of the bank. The adjustment left the firm with 793,524 shares of Citigroup Inc., down from the 941,819 shares held previously. At the close of the period, the remaining stake was valued at approximately $111.1 million.
Citigroup Shares Trade Near Recent Levels
The stock has traded actively through recent market sessions, moving within its 52-week parameters as investors weigh the bank's operational segments. This filing captures portfolio choices made as of May 15, 2026, and does not necessarily reflect current holdings today.
Recent Earnings Performance
For its reported financial period, Citigroup Inc. posted revenue of $83.3 billion alongside a net profit margin of 23.2%. The institution reported earnings of $10.26 per share, backed by a return on equity of 9.3%. The next corporate earnings release is expected on January 14, 2027.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
10 analysts raised price targets.
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EPS & revenue
EPS beat estimates by 13.3%. Revenue beat estimates by 83.8%.
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Profit surprise
Operating income missed by 20 percent.
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Pre-earnings setup
Bar was high, analysts already very bullish.
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Analyst signal
10 target raises.
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Earnings quality
Gross margin up 3.5 points. Operating margin up 3.8 points. Positive free cash flow.
Earnings Call Summary
Citigroup reported strong first quarter results with 14 percent revenue growth, reaching $44.1 billion, and earnings per share of $3.06 well above the $2.64 consensus. Services business revenues jumped 17 percent and Markets surpassed $7 billion in quarterly revenues for the first time in ten years, with equities up nearly 40 percent. Management stressed the bank is only pursuing organic growth and has no interest in acquisitions, and said 90 percent of their regulatory transformation work is now complete or near completion.
Guidance Management reaffirmed their target of 10 to 11 percent return on equity for the full year 2026. They expect net interest income to grow 5 to 6 percent, and said they will share more detail on capital plans and buybacks at an investor meeting in May.
Solid report. Results were generally better than expected, but the forward outlook did not materially change.
Dividend Payments
Citigroup Inc. distributes an annual dividend yield of 2.2%, utilizing a modest share of its earnings to fund the payout to shareholders. The dividend policy provides steady income for institutional accounts holding the banking stock.
Wall Street Analyst Views
Analyst firms have frequently updated their outlooks on the banking group. On October 14, 2026, Evercore ISI Group maintained its In-Line rating on the stock while adjusting its target to $135.00 from $140.00. On the same day, TD Cowen maintained a Buy rating and moved its price target to $148.00 from $150.00. RBC Capital maintained an Outperform rating on October 14, 2026, setting a target of $135.00. Earlier in the month, UBS maintained a Neutral rating on October 5, 2026, with a target of $139.00, while JPMorgan maintained an Overweight rating on October 2, 2026, with a target of $147.00. Overall, the stock carries a consensus buy recommendation from 21 analysts.
Overview of Citigroup Operations
Citigroup Inc. operates as a diversified financial service holding company offering banking, wealth management, trading, and institutional services worldwide. Founded in 1812 and based in New York, the bank serves corporate and retail customers across global markets.
What's Ahead for Citigroup Inc.
Institutional investors will continue to monitor upcoming SEC disclosures and bank earnings reports to track how asset managers adjust their financial sector bets. As a backward-looking document, this 13F filing simply records past portfolio adjustments rather than live market moves.
Related Filing Alerts
Source: Silvercrest Asset Management Group's 13F filing on $C (May 15, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Silvercrest Asset Management Group 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts