Cim Investment Management Inc. Decreases Stock Holdings in Citigroup Inc. $C

Cim Investment Management Inc. reduced its position in shares of Citigroup Inc. (NYSE:C) by 50.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 6,224 shares of the company’s stock after selling 6,390 shares during the quarter. Cim Investment Management Inc.’s holdings in Citigroup were worth $632,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Camelot Portfolios LLC increased its holdings in shares of Citigroup by 6.5% in the 3rd quarter. Camelot Portfolios LLC now owns 3,114 shares of the company’s stock worth $316,000 after buying an additional 189 shares during the last quarter. Hancock Whitney Corp increased its stake in Citigroup by 5.4% during the third quarter. Hancock Whitney Corp now owns 34,744 shares of the company’s stock worth $3,527,000 after acquiring an additional 1,772 shares during the last quarter. Financial Engines Advisors L.L.C. increased its stake in Citigroup by 4.0% during the third quarter. Financial Engines Advisors L.L.C. now owns 4,487 shares of the company’s stock worth $455,000 after acquiring an additional 173 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its position in Citigroup by 257.7% during the third quarter. Jacobs Levy Equity Management Inc. now owns 1,037,759 shares of the company’s stock valued at $105,333,000 after purchasing an additional 747,646 shares during the period. Finally, Morningstar Investment Management LLC lifted its stake in shares of Citigroup by 930.8% in the 3rd quarter. Morningstar Investment Management LLC now owns 68,112 shares of the company’s stock valued at $6,913,000 after purchasing an additional 61,504 shares during the last quarter. Institutional investors own 71.72% of the company’s stock.

Citigroup Price Performance

Shares of C stock opened at $107.73 on Wednesday. The company’s 50-day simple moving average is $114.04 and its two-hundred day simple moving average is $107.37. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 1.00. Citigroup Inc. has a one year low of $55.51 and a one year high of $125.16. The company has a market capitalization of $188.45 billion, a P/E ratio of 15.46, a P/E/G ratio of 0.69 and a beta of 1.17.

Citigroup (NYSE:C) last announced its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.16. The company had revenue of $19.87 billion for the quarter, compared to analysts’ expectations of $20.99 billion. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.Citigroup’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.34 earnings per share. As a group, equities analysts anticipate that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Dividend Announcement

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 2.2%. Citigroup’s dividend payout ratio is 34.43%.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi is opening a large Charlotte office and adding hundreds of jobs, a sign of ongoing investment in operations and talent that supports middle- and back-office capacity for global banking and markets activity. Banking giant opens Ballantyne office, adding over 500 jobs in Charlotte
• Positive Sentiment: Citi’s research/coverage business remains active (example: initiating coverage of Nebius Group NV), which underpins recurring research/IB client work and visibility across sectors. Citigroup initiates coverage of Nebius Group NV (NBIS) with buy recommendation
• Neutral Sentiment: Research notes from Citi (and peers) flag a potential peak in energy-stock rallies — useful market intelligence but not a direct driver of Citi’s own fundamentals; could affect trading volumes and client flows in energy-related desks. Jefferies and Citi Spot a Potential Top in Soaring Energy Stocks
• Negative Sentiment: Citi Research cut its 12‑month price targets for Bitcoin and Ethereum, citing stalled U.S. legislation, weaker ETF inflows and softer network activity — a development that could mute crypto-related trading and ETF flow commissions that banks and trading desks hoped to capture. Multiple outlets covered the downgrade. Citigroup cuts 12-month bitcoin, ether targets as US crypto legislation stalls
• Negative Sentiment: Regional tensions (Iran war) have forced Citi to keep most UAE branches closed and prompted broader Citi Research warnings about macro and market risks (e.g., cuts to India/Nifty targets), which raise operational and market risk concerns in affected geographies. Citi to keep most UAE branches closed indefinitely due to Iran war

Insiders Place Their Bets

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the transaction, the insider directly owned 45,835 shares in the company, valued at $5,091,810.15. This represents a 48.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.08% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. UBS Group restated a “neutral” rating and set a $132.00 price target on shares of Citigroup in a report on Thursday, January 15th. Morgan Stanley set a $152.00 target price on shares of Citigroup in a research note on Tuesday, February 17th. Wells Fargo & Company set a $150.00 price target on shares of Citigroup in a research note on Monday, January 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Citigroup in a research report on Wednesday, January 21st. Finally, Wolfe Research restated an “outperform” rating and set a $141.00 target price on shares of Citigroup in a research report on Wednesday, January 7th. Fourteen investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Citigroup presently has a consensus rating of “Moderate Buy” and a consensus 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.