Avanza Fonder AB Sells 4,738 Shares of Citigroup Inc. $C

Avanza Fonder AB reduced its position in shares of Citigroup Inc. (NYSE:C) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 132,034 shares of the company’s stock after selling 4,738 shares during the quarter. Avanza Fonder AB’s holdings in Citigroup were worth $15,407,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC increased its stake in shares of Citigroup by 87.6% during the 3rd quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock worth $26,000 after purchasing an additional 120 shares during the last quarter. Dunhill Financial LLC raised its holdings in shares of Citigroup by 92.2% in the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock valued at $32,000 after purchasing an additional 153 shares during the period. Guerra Advisors Inc acquired a new stake in Citigroup in the 3rd quarter valued at about $33,000. GoalVest Advisory LLC grew its holdings in Citigroup by 57.2% during the fourth quarter. GoalVest Advisory LLC now owns 393 shares of the company’s stock worth $46,000 after purchasing an additional 143 shares during the period. Finally, Cloud Capital Management LLC bought a new position in Citigroup during the third quarter worth about $40,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: BlackRock selection and bullish coverage reaffirm Citi’s strength in ETF/middle‑office services — a durable fee pool that can boost non‑interest income and raise investor confidence in Citi’s growth trajectory. Is Citigroup Inc. (C) one of the Best Forever Stocks to Buy Now?
• Positive Sentiment: Flow into actively managed ETFs is accelerating, supporting demand for middle‑ and back‑office outsourcing — a structural tailwind for banks that provide custody, fund administration and ETF servicing like Citi. This macro trend helps explain why Citi’s ETF servicing win is seen as strategically valuable. Active ETFs Surge Past Passive, and These Are in the Lead
• Neutral Sentiment: Recent analyst pieces highlight Citi as a dividend/long‑term income candidate, underscoring appeal to yield‑seeking investors (valuation and dividend policy remain watchpoints). Are You Looking for a High-Growth Dividend Stock?
• Negative Sentiment: Credit signal: Citi’s credit‑card delinquencies were stable in February, but net charge‑offs ticked higher, and lending activity softened slightly — a development that could pressure loan loss provisions and net interest income if the trend continues. Investors will watch upcoming credit trends and provisioning. Citigroup’s Card Delinquencies Stable, Charge-Offs Rise in February

Insider Activity at Citigroup

In other news, insider Cantu Ernesto Torres sold 43,173 shares of Citigroup stock in a transaction that occurred 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 completion of the sale, the insider directly owned 45,835 shares in the company, valued at approximately $5,091,810.15. The trade was 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 link. Corporate insiders own 0.08% of the company’s stock.

Citigroup Stock Up 2.0%

C opened at $111.66 on Tuesday. The stock has a fifty day moving average of $113.21 and a 200-day moving average of $107.77. The company has a market capitalization of $195.33 billion, a P/E ratio of 16.02, a P/E/G ratio of 0.70 and a beta of 1.17. Citigroup Inc. has a fifty-two week low of $55.51 and a fifty-two week high of $125.16. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.00 and a current ratio of 1.00.

Citigroup (NYSE:C) last released its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, beating the consensus estimate of $1.65 by $0.16. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The business had revenue of $19.87 billion for the quarter, compared to the consensus estimate of $20.99 billion. During the same period in the prior year, the company posted $1.34 earnings per share. Citigroup’s revenue was up 2.1% compared to the same quarter last year. On average, equities analysts expect that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Dividend Announcement

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

Wall Street Analysts Forecast Growth

C has been the topic of several research analyst reports. JPMorgan Chase & Co. upped their price objective on Citigroup from $130.00 to $134.00 and gave the company an “overweight” rating in a research note on Monday, February 9th. Oppenheimer increased their price target on Citigroup from $141.00 to $144.00 and gave the company an “outperform” rating in a research note on Thursday, January 15th. Piper Sandler set a $135.00 price objective on shares of Citigroup in a research report on Thursday, January 15th. HSBC reissued a “buy” rating and issued a $87.00 price objective on shares of Citigroup in a research report on Wednesday, January 7th. Finally, Keefe, Bruyette & Woods lifted their target price on shares of Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a report on Wednesday, December 17th. Fourteen analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $127.25.

Citigroup 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.