BI Asset Management Fondsmaeglerselskab A S Reduces Stock Holdings in Citigroup Inc. $C

BI Asset Management Fondsmaeglerselskab A S cut its stake in shares of Citigroup Inc. (NYSE:C) by 14.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 216,158 shares of the company’s stock after selling 37,128 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Citigroup were worth $21,940,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Brookstone Capital Management raised its holdings in shares of Citigroup by 31.5% during the third quarter. Brookstone Capital Management now owns 75,914 shares of the company’s stock worth $7,705,000 after purchasing an additional 18,176 shares during the period. Permanent Capital Management LP acquired a new position in shares of Citigroup in the 3rd quarter valued at about $1,238,000. Donaldson Capital Management LLC bought a new stake in shares of Citigroup during the 3rd quarter valued at about $58,994,000. Penobscot Investment Management Company Inc. grew its position in shares of Citigroup by 61.5% during the 3rd quarter. Penobscot Investment Management Company Inc. now owns 57,033 shares of the company’s stock valued at $5,789,000 after buying an additional 21,720 shares during the last quarter. Finally, Perigon Wealth Management LLC raised its stake in Citigroup by 27.2% during the third quarter. Perigon Wealth Management LLC now owns 75,566 shares of the company’s stock worth $7,670,000 after acquiring an additional 16,171 shares during the period. Institutional investors and hedge funds own 71.72% of the company’s stock.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Wall Street analysts remain broadly constructive on Citigroup after the bank beat Q4 EPS expectations and commentary highlighted improving profitability metrics; this underpins investor confidence in the stock. Is Citigroup (C) a Buy as Wall Street Analysts Look Optimistic?
• Positive Sentiment: Coverage summarizing what lifted Citigroup in Q4 reinforces the beat on EPS and highlights drivers (trading income, expense control) that support near‑term earnings momentum. Here’s what lifted Citigroup (C) in Q4
• Positive Sentiment: Big U.S. banks, including Citigroup, increased Washington lobbying spend last year — a move investors may view as proactive risk management that could reduce regulatory uncertainty and protect franchise value. Big US banks boost Washington lobbying muscle as policy fights heat up
• Neutral Sentiment: Citigroup filed to create a new 6.250% preferred stock series — a capital‑markets action that provides funding flexibility but increases fixed‑rate obligations and may change capital allocation dynamics. Investors should watch issuance size and use of proceeds. Citigroup Establishes New 6.250% Preferred Stock Series II
• Negative Sentiment: Reports that Citigroup plans to cut up to 60,000 jobs by 2026 are drawing attention — large cuts can boost efficiency but also signal slower revenue trends and bring one‑time charges and execution risk, which can weigh on near‑term sentiment. Citigroup to Axe 60,000 Jobs by 2026 — What It Signals for Bank Workers Everywhere

Wall Street Analyst Weigh In

A number of equities analysts have commented on the company. Wolfe Research restated an “outperform” rating and issued a $141.00 target price on shares of Citigroup in a research note on Wednesday, January 7th. Royal Bank Of Canada reissued an “outperform” rating and issued a $121.00 price target on shares of Citigroup in a report on Thursday, January 15th. Zacks Research upgraded Citigroup from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. UBS Group reaffirmed a “neutral” rating and issued a $132.00 target price on shares of Citigroup in a research report on Thursday, January 15th. Finally, Morgan Stanley boosted their price target on shares of Citigroup from $134.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $125.56.

Citigroup Price Performance

NYSE:C opened at $117.38 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. The firm has a market cap of $210.02 billion, a PE ratio of 16.84, a price-to-earnings-growth ratio of 0.75 and a beta of 1.18. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $124.17. The company’s 50-day moving average price is $114.63 and its two-hundred day moving average price is $103.61.

Citigroup (NYSE:C) last posted 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. 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%. Citigroup’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.34 earnings per share. On average, equities analysts anticipate that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 2nd will be issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Monday, February 2nd. Citigroup’s dividend payout ratio is presently 34.43%.

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.