Andra AP fonden Sells 58,000 Shares of Citigroup Inc. $C

Andra AP fonden decreased its holdings in Citigroup Inc. (NYSE:C) by 15.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 311,000 shares of the company’s stock after selling 58,000 shares during the quarter. Andra AP fonden’s holdings in Citigroup were worth $31,566,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. FMB Wealth Management grew its position in shares of Citigroup by 4.1% in the 3rd quarter. FMB Wealth Management now owns 2,618 shares of the company’s stock valued at $266,000 after buying an additional 103 shares during the last quarter. Tritonpoint Wealth LLC raised its position in shares of Citigroup by 2.1% during the third quarter. Tritonpoint Wealth LLC now owns 4,989 shares of the company’s stock worth $506,000 after acquiring an additional 104 shares during the last quarter. Highline Wealth Partners LLC lifted its stake in shares of Citigroup by 35.3% in the third quarter. Highline Wealth Partners LLC now owns 418 shares of the company’s stock worth $42,000 after acquiring an additional 109 shares during the period. Fullcircle Wealth LLC boosted its holdings in Citigroup by 0.9% in the second quarter. Fullcircle Wealth LLC now owns 13,097 shares of the company’s stock valued at $1,206,000 after acquiring an additional 111 shares during the last quarter. Finally, Arjuna Capital boosted its holdings in Citigroup by 0.7% in the third quarter. Arjuna Capital now owns 16,587 shares of the company’s stock valued at $1,684,000 after acquiring an additional 112 shares during the last quarter. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

C has been the topic of a number of analyst reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Citigroup in a research note on Wednesday, January 21st. Piper Sandler set a $135.00 target price on shares of Citigroup in a report on Thursday, January 15th. Truist Financial upped their price target on shares of Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. UBS Group reiterated a “neutral” rating and set a $132.00 price target on shares of Citigroup in a report on Thursday, January 15th. Finally, Oppenheimer lifted their price objective on Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a research report on Thursday, January 15th. Fourteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, Citigroup presently has an average rating of “Moderate Buy” and a consensus target price of $127.25.

Citigroup Stock Up 1.6%

Shares of NYSE:C opened at $116.16 on Friday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.99 and a current ratio of 1.00. Citigroup Inc. has a 52-week low of $55.51 and a 52-week high of $125.16. The business’s 50 day simple moving average is $116.81 and its two-hundred day simple moving average is $105.96. The firm has a market cap of $203.20 billion, a P/E ratio of 16.67, a PEG ratio of 0.73 and a beta of 1.18.

Citigroup (NYSE:C) last issued its 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 for the quarter, compared to analyst estimates of $20.99 billion. During the same period in the prior year, the firm earned $1.34 earnings per share. Citigroup’s revenue for the quarter was up 2.1% on a year-over-year basis. As a group, research analysts forecast that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 2nd will be issued a dividend of $0.60 per share. The ex-dividend date is Monday, February 2nd. This represents a $2.40 annualized dividend and a yield of 2.1%. Citigroup’s dividend payout ratio is presently 34.43%.

Insider Buying and Selling at Citigroup

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the firm’s stock in a transaction on 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 of the company’s stock, valued at approximately $5,091,810.15. This trade represents a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.08% of the company’s stock.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi has formed an AI infrastructure team to advise and finance the build‑out of data centers and other AI infrastructure, targeting an estimated $3 trillion opportunity by 2030 — a potential long‑term source of advisory fees and lending volume. Citigroup forms AI infrastructure team to capture data center boom – Bloomberg
• Positive Sentiment: BlackRock appointed Citi Investor Services to provide select middle‑office services for $4.0 trillion of U.S. iShares ETFs on Aladdin — a meaningful institutional mandate that can boost custody/servicing revenues and strengthen client relationships. BlackRock Appoints Citi to Provide Select ETF Middle Office Services on Aladdin
• Positive Sentiment: Citi committed $60 billion to affordable‑housing investments, nearly doubling its pace in the sector — a strategic capital deployment that supports recurring lending, tax‑credit and structured‑finance businesses while enhancing ESG credentials. Citi Commits $60B To Affordable Housing, Nearly Doubling Pace Of Sector Investment
• Positive Sentiment: Citi made a strategic investment in Japan’s Sakana AI — reinforcing its push into AI partnerships and local dealflow in Asia. Such minority/strategic stakes can seed future advisory or financing engagements. Citigroup invests in Japan’s Sakana AI
• Neutral Sentiment: Analyst and media attention: Citi is a “trending” stock on Zacks/Yahoo and has recent analyst support (e.g., Piper Sandler reiterated Overweight and lifted targets earlier), which can amplify flows and volatility but is not an immediate earnings change. Citigroup Inc. (C) Is a Trending Stock: Facts to Know Before Betting on It
• Negative Sentiment: Option activity showed some bearish positioning recently (puts leading calls, higher implied vol), which can increase short‑term downside risk if sentiment shifts or news disappoints. Option traders moderately bearish in Citi with shares down 1.7%

Citigroup Company 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.