Vinva Investment Management Ltd Increases Position in Citigroup Inc. $C

Vinva Investment Management Ltd lifted its position in shares of Citigroup Inc. (NYSE:C) by 12.0% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 157,534 shares of the company’s stock after buying an additional 16,908 shares during the quarter. Vinva Investment Management Ltd’s holdings in Citigroup were worth $16,251,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of C. FMB Wealth Management boosted its stake in shares of Citigroup by 4.1% in the third quarter. FMB Wealth Management now owns 2,618 shares of the company’s stock worth $266,000 after acquiring an additional 103 shares during the period. Tritonpoint Wealth LLC lifted its holdings in Citigroup by 2.1% in the 3rd quarter. Tritonpoint Wealth LLC now owns 4,989 shares of the company’s stock worth $506,000 after purchasing an additional 104 shares in the last quarter. Highline Wealth Partners LLC boosted its stake in Citigroup by 35.3% in the 3rd quarter. Highline Wealth Partners LLC now owns 418 shares of the company’s stock worth $42,000 after purchasing an additional 109 shares during the period. Arjuna Capital grew its holdings in Citigroup by 0.7% during the 3rd quarter. Arjuna Capital now owns 16,587 shares of the company’s stock valued at $1,684,000 after buying an additional 112 shares in the last quarter. Finally, Binnacle Investments Inc raised its position in shares of Citigroup by 6.5% during the second quarter. Binnacle Investments Inc now owns 1,847 shares of the company’s stock valued at $157,000 after buying an additional 113 shares during the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Insiders Place Their Bets

In related 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 value of $4,796,088.57. Following the sale, the insider directly owned 45,835 shares of the company’s stock, valued at $5,091,810.15. This represents a 48.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.08% of the stock is owned by company insiders.

Citigroup Stock Performance

NYSE C opened at $106.58 on Friday. The company has a market cap of $186.44 billion, a P/E ratio of 15.29, a P/E/G ratio of 0.68 and a beta of 1.17. The business’s 50 day moving average price is $115.67 and its 200-day moving average price is $106.69. 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 posted its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, topping 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 company had revenue of $19.87 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same period in the previous year, the firm earned $1.34 earnings per share. Citigroup’s quarterly revenue was up 2.1% compared to the same quarter last year. Sell-side analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Dividend Announcement

The company also recently declared 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 annualized dividend and a yield of 2.3%. 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 subject of a number of research reports. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a research report on Wednesday, January 21st. Zacks Research lowered Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Piper Sandler set a $135.00 target price on Citigroup in a research report on Thursday, January 15th. Morgan Stanley set a $152.00 price target on Citigroup in a report on Tuesday, February 17th. Finally, HSBC reaffirmed a “buy” rating and set a $87.00 price objective on shares of Citigroup in a report on Wednesday, January 7th. Fourteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $127.25.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi participated in a strategic investment in Adaptive (alongside HSBC), signaling continued corporate focus on capital-markets technology and partnerships that could support fee and tech-led growth. Adaptive announces strategic investment from HSBC and Citi
• Positive Sentiment: Investor write-ups highlight Citigroup as an attractive dividend option, reinforcing income-focused demand for the stock among yield-seeking investors. Citigroup (C) Could Be a Great Choice
• Positive Sentiment: Market commentators and some strategists are flagging banks as buyable after recent sell-offs, which supports sector-level interest in large U.S. banks like Citi if volatility stabilizes. War selloffs are buying opportunities, history shows; Jyotivardhan Jaipuria backs banks, trims IT
• Neutral Sentiment: Citi’s institutional units have filed notices exiting substantial-holder status in a few smaller Australian names — routine portfolio/flow activity that can affect localized volumes but is unlikely to move Citi’s share price materially. Citigroup Group Ceases to Be Substantial Holder in Bapcor
• Negative Sentiment: Citigroup’s own market commentary has warned that stock-market volatility is set to continue amid the Middle East shock — a caution that can exacerbate risk-off flows out of banks and financials. Stock market volatility set to continue, warns Citi
• Negative Sentiment: Negative press and legal risk surfaced after a Citi banker filed a sexual-harassment suit criticizing the firm’s internal investigation unit; such reputational and legal headlines can pressure sentiment and prompt investor caution. Citi banker suing for sexual harassment slams firm’s investigation unit

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.