Danica Pension Livsforsikringsaktieselskab Takes Position in Citigroup Inc. $C

Danica Pension Livsforsikringsaktieselskab acquired a new position in Citigroup Inc. (NYSE:C) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 201,602 shares of the company’s stock, valued at approximately $20,463,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brighton Jones LLC raised its holdings in Citigroup by 166.9% in the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock valued at $1,407,000 after buying an additional 12,499 shares during the period. Sivia Capital Partners LLC boosted its stake in Citigroup by 20.5% during the second quarter. Sivia Capital Partners LLC now owns 9,805 shares of the company’s stock worth $835,000 after buying an additional 1,669 shares during the period. United Bank purchased a new position in Citigroup during the second quarter worth about $972,000. Kingsview Wealth Management LLC increased its position in shares of Citigroup by 2.0% during the second quarter. Kingsview Wealth Management LLC now owns 27,801 shares of the company’s stock valued at $2,366,000 after acquiring an additional 541 shares during the last quarter. Finally, MTM Investment Management LLC acquired a new stake in shares of Citigroup during the second quarter valued at about $43,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

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 stock was sold at an average price of $111.09, for a total value of $4,796,088.57. Following the sale, the insider owned 45,835 shares of the company’s stock, valued at $5,091,810.15. This trade represents a 48.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.08% of the stock is currently owned by company insiders.

Key Citigroup News

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

Citigroup Trading Up 0.4%

Shares of C stock opened at $107.73 on Wednesday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.00 and a current ratio of 1.00. The stock has a market capitalization of $188.45 billion, a P/E ratio of 15.46, a price-to-earnings-growth ratio of 0.69 and a beta of 1.17. The company has a 50 day moving average price of $114.04 and a 200 day moving average price of $107.37. Citigroup Inc. has a fifty-two week low of $55.51 and a fifty-two week high of $125.16.

Citigroup (NYSE:C) last issued 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. The company had revenue of $19.87 billion during the quarter, compared to analysts’ expectations of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The firm’s revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the company posted $1.34 EPS. Equities research analysts predict that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 2nd were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Monday, February 2nd. Citigroup’s payout ratio is presently 34.43%.

Analysts Set New Price Targets

Several equities analysts have recently commented on C shares. Morgan Stanley set a $152.00 price objective on shares of Citigroup in a report on Tuesday, February 17th. Royal Bank Of Canada reissued an “outperform” rating and issued a $121.00 target price on shares of Citigroup in a research report on Thursday, January 15th. HSBC restated a “buy” rating and set a $87.00 price target on shares of Citigroup in a research note on Wednesday, January 7th. JPMorgan Chase & Co. raised their price target on Citigroup from $130.00 to $134.00 and gave the stock an “overweight” rating in a research report on Monday, February 9th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $132.00 price objective on shares of Citigroup in a research note on Thursday, January 15th. Fourteen equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $127.25.

About Citigroup

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.