Citigroup Inc. $C Stock Position Decreased by Victory Capital Management Inc.

Victory Capital Management Inc. trimmed its position in shares of Citigroup Inc. (NYSE:C) by 15.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,174,948 shares of the company’s stock after selling 217,609 shares during the period. Victory Capital Management Inc.’s holdings in Citigroup were worth $119,257,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in C. Vanguard Group Inc. lifted its stake in Citigroup by 0.7% in the second quarter. Vanguard Group Inc. now owns 165,851,890 shares of the company’s stock valued at $14,117,313,000 after acquiring an additional 1,148,451 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Citigroup by 1.0% in the 2nd quarter. Geode Capital Management LLC now owns 42,957,190 shares of the company’s stock valued at $3,645,084,000 after purchasing an additional 411,894 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Citigroup by 2.7% in the third quarter. Fisher Asset Management LLC now owns 33,040,513 shares of the company’s stock worth $3,353,612,000 after purchasing an additional 879,056 shares in the last quarter. Franklin Resources Inc. increased its position in Citigroup by 2.2% during the second quarter. Franklin Resources Inc. now owns 32,290,532 shares of the company’s stock worth $2,748,571,000 after buying an additional 679,967 shares during the last quarter. Finally, Norges Bank bought a new position in Citigroup during the second quarter valued at about $2,455,929,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Insider Buying and Selling at Citigroup

In other news, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following 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 document filed with the SEC, which is accessible through the SEC website. Insiders own 0.08% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on C shares. Weiss Ratings reiterated a “buy (b)” rating on shares of Citigroup in a research note on Wednesday, January 21st. Royal Bank Of Canada restated an “outperform” rating and issued a $121.00 target price on shares of Citigroup in a report on Thursday, January 15th. Zacks Research lowered shares of Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. UBS Group reaffirmed a “neutral” rating and set a $132.00 price objective on shares of Citigroup in a report on Thursday, January 15th. Finally, Barclays lifted their target price on shares of Citigroup from $115.00 to $146.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Fourteen research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $127.25.

Citigroup Price Performance

Shares of Citigroup stock opened at $111.34 on Thursday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market cap of $194.77 billion, a PE ratio of 15.97, a price-to-earnings-growth ratio of 0.71 and a beta of 1.17. The firm has a fifty day moving average price of $116.21 and a two-hundred day moving average price of $106.50. Citigroup Inc. has a fifty-two week low of $55.51 and a fifty-two week high of $125.16.

Citigroup (NYSE:C) last announced its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $20.99 billion. During the same quarter in the prior year, the business earned $1.34 earnings per share. The firm’s revenue for the quarter was up 2.1% on a year-over-year basis. Analysts expect that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 2nd were given a $0.60 dividend. The ex-dividend date was Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.2%. Citigroup’s dividend payout ratio (DPR) is currently 34.43%.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Added to SpaceX IPO banking roster — being named to the SpaceX IPO bank lineup raises the prospect of sizeable future investment‑banking fees and bolsters Citigroup’s profile in high‑visibility deals, supporting revenue growth and investor sentiment. Citigroup Joins SpaceX IPO Process
• Positive Sentiment: Analyst endorsement and profitability push — recent coverage (including Morgan Stanley attention) highlights Citigroup’s renewed focus on profitability, cost cuts and margin improvement, which supports valuation re‑rating expectations and may attract more buy‑side interest. Assessing Citigroup (C) Valuation After Morgan Stanley Endorsement And Profitability Push
• Neutral Sentiment: Regulatory/portfolio housekeeping: Citi Group entities have filed notices ceasing to be substantial holders in several small Australian companies — routine portfolio moves by Citi Global Markets Australia that are unlikely to materially affect group results. Citigroup Group Ceases to Be Substantial Holder in Bapcor
• Neutral Sentiment: Operational update — Citi signed a long‑term lease for new Luxembourg offices (The Rock in Cloche d’Or). This is a strategic real‑estate move with limited near‑term financial impact but signals ongoing investment in EMEA operations. Citi chooses The Rock in Cloche d’Or
• Negative Sentiment: Lawsuit and reputational risk — a current lawsuit from a banker alleging mishandled sexual‑harassment investigation and criticizing the firm’s internal investigative unit raises reputational and potential legal liabilities; this could cause headline volatility and governance scrutiny. Citi banker suing for sexual harassment slams firm’s investigation unit as ‘internal hit squad’

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.