Citigroup Inc. $C Shares Sold by APG Asset Management N.V.

APG Asset Management N.V. cut its stake in Citigroup Inc. (NYSE:C) by 16.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,364,364 shares of the company’s stock after selling 259,585 shares during the quarter. APG Asset Management N.V. owned approximately 0.07% of Citigroup worth $138,483,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of C. Norges Bank acquired a new stake in Citigroup during the second quarter valued at $2,455,929,000. Bank of New York Mellon Corp boosted its stake in shares of Citigroup by 17.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 28,125,995 shares of the company’s stock worth $2,854,788,000 after acquiring an additional 4,211,099 shares in the last quarter. Bessemer Group Inc. grew its position in shares of Citigroup by 6,172.0% during the 3rd quarter. Bessemer Group Inc. now owns 2,904,795 shares of the company’s stock valued at $294,838,000 after acquiring an additional 2,858,481 shares during the period. Jupiter Asset Management Ltd. increased its stake in shares of Citigroup by 440.5% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 1,835,767 shares of the company’s stock valued at $186,330,000 after purchasing an additional 1,496,125 shares in the last quarter. Finally, Canada Pension Plan Investment Board raised its holdings in Citigroup by 47.4% in the 2nd quarter. Canada Pension Plan Investment Board now owns 4,334,407 shares of the company’s stock worth $368,945,000 after purchasing an additional 1,393,865 shares during the period. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on C shares. UBS Group reissued a “neutral” rating and issued a $132.00 price objective on shares of Citigroup in a report on Thursday, January 15th. Keefe, Bruyette & Woods boosted their price target on shares of Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a report on Wednesday, December 17th. TD Cowen restated a “hold” rating on shares of Citigroup in a research report on Wednesday, January 7th. Oppenheimer lifted their target price on shares of Citigroup from $141.00 to $144.00 and gave the company an “outperform” rating in a research report on Thursday, January 15th. Finally, Wells Fargo & Company set a $150.00 target price on shares of Citigroup in a research note on Monday, January 5th. Fourteen research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Citigroup presently has an average rating of “Moderate Buy” and an average price target of $127.25.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: BlackRock picked Citi Investor Services to provide select middle-office services for $4.0T of U.S. iShares ETFs — a meaningful client win that supports fee income and strengthens custody/servicing credibility. Article Title
• Positive Sentiment: Citi committed $60B to affordable housing, nearly doubling its sector investment pace — a large, multiyear deployment that positions the bank for stable lending and fee opportunities tied to policy and ESG flows. Article Title
• Positive Sentiment: Citi formed an AI infrastructure financing team to capture demand from data-center builds and related capex — a strategic play to originate large commercial loans and project-finance mandates as AI adoption ramps. Article Title
• Neutral Sentiment: Citi made a strategic investment in Japan’s Sakana AI (size undisclosed) — signals an effort to back AI partners but unclear near-term financial impact. Article Title
• Neutral Sentiment: Media and research outlets continue to spotlight Citi (trending coverage, analyst attention and higher targets from some firms), which can amplify both inflows and volatility depending on headline flow. (See recent Zacks/MarketBeat summaries.) Article Title
• Negative Sentiment: Macro/geopolitical risk is elevated today — headlines about heightened cross‑border conflict in South Asia and Israel/Iran tensions are driving risk‑off flows across markets, which typically pushes bank stocks lower on volatility and flight-to-safety moves. Article Title
• Negative Sentiment: Company fundamentals that can weigh on sentiment: Q4 showed an EPS beat but revenue missed estimates (reported Jan. 14), and today’s elevated volume suggests profit‑taking or institutional rebalancing; that combination often triggers sharper intraday declines. (See company Q4 results and trading stats.)

Insiders Place Their Bets

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of Citigroup stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $111.09, for a total value of $4,796,088.57. Following the completion of the transaction, the insider directly owned 45,835 shares of the company’s stock, valued at $5,091,810.15. The trade was a 48.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.08% of the stock is currently owned by corporate insiders.

Citigroup Stock Down 5.2%

Shares of NYSE:C opened at $110.11 on Friday. The business has a 50-day moving average price of $116.72 and a 200 day moving average price of $106.15. The company has a market capitalization of $192.62 billion, a price-to-earnings ratio of 15.80, a PEG ratio of 0.70 and a beta of 1.18. Citigroup Inc. has a 12-month low of $55.51 and a 12-month high of $125.16. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.63.

Citigroup (NYSE:C) last announced its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, beating 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 quarter in the previous year, the company earned $1.34 earnings per share. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. Sell-side analysts expect that Citigroup Inc. will post 7.53 EPS for the current 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 issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date was Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is 34.43%.

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.