UniSuper Management Pty Ltd Sells 140,365 Shares of Citigroup Inc. $C

UniSuper Management Pty Ltd reduced its holdings in Citigroup Inc. (NYSE:C) by 13.0% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 941,810 shares of the company’s stock after selling 140,365 shares during the quarter. Citigroup comprises 0.6% of UniSuper Management Pty Ltd’s holdings, making the stock its 27th largest holding. UniSuper Management Pty Ltd owned 0.05% of Citigroup worth $95,594,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Wolff Wiese Magana LLC boosted its stake in Citigroup by 87.6% during the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock worth $26,000 after acquiring an additional 120 shares in the last quarter. Howard Hughes Medical Institute acquired a new position in shares of Citigroup during the second quarter valued at about $34,000. DHJJ Financial Advisors Ltd. boosted its position in shares of Citigroup by 157.1% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 414 shares of the company’s stock worth $35,000 after purchasing an additional 253 shares in the last quarter. Highline Wealth Partners LLC grew its stake in shares of Citigroup by 35.3% in the 3rd quarter. Highline Wealth Partners LLC now owns 418 shares of the company’s stock valued at $42,000 after buying an additional 109 shares during the period. Finally, Capital A Wealth Management LLC bought a new stake in Citigroup in the 2nd quarter valued at about $38,000. 71.72% of the stock is currently owned by institutional investors.

Citigroup Price Performance

C opened at $113.71 on Friday. Citigroup Inc. has a 1 year low of $55.51 and a 1 year high of $124.17. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 0.99. The company has a market capitalization of $203.46 billion, a price-to-earnings ratio of 16.31, a P/E/G ratio of 0.74 and a beta of 1.18. The firm’s fifty day moving average price is $112.04 and its two-hundred day moving average price is $102.01.

Citigroup (NYSE:C) last released its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share 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 company had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. During the same period last year, the firm earned $1.34 earnings per share. The firm’s revenue was up 2.1% on a year-over-year basis. As a group, analysts anticipate that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Announces Dividend

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 paid a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Monday, February 2nd. Citigroup’s payout ratio is presently 34.43%.

Analysts Set New Price Targets

Several research firms have recently commented on C. Truist Financial boosted their price objective on Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Piper Sandler set a $135.00 price target on shares of Citigroup in a research report on Thursday, January 15th. Keefe, Bruyette & Woods upped their price objective on shares of Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a report on Wednesday, December 17th. Bank of America raised their price objective on shares of Citigroup from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Finally, Barclays boosted their target price on shares of Citigroup from $115.00 to $146.00 and gave the stock an “overweight” rating in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Citigroup has a consensus rating of “Moderate Buy” and a consensus target price of $125.56.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Analysts and screens are bullish: Citigroup was added to Zacks’ list of top income/strong-buy stocks, which can attract yield-seeking flows and bolster sentiment. Best Income Stocks to Buy for January 23rd
• Positive Sentiment: Underlying results remain supportive — Citi’s recent quarterly update showed an EPS beat and analysts have largely dismissed fears of an earnings re‑rating after the company’s Q4 performance, which helps justify current valuations. Analysts Dismiss Re-Rating Fears After Bright Citigroup (C) Earnings Update
• Neutral Sentiment: Citi research notes that a Washington affordability agenda could boost fintechs and related exposures — this is sector-positive for fintech names but is a mixed read for Citi (opportunity for fee revenue vs. policy uncertainty). US fintech stocks could gain as Trump pushes affordability agenda, Citi says
• Negative Sentiment: Layoff plans: Reuters reports Citi will cut more staff in March (after ~1,000 jobs cut this month), likely affecting managing directors and senior employees — raises near‑term execution and morale concerns even as costs fall; investors often react negatively to fresh rounds of cuts that signal tougher revenue outlooks. Exclusive: Citigroup to lay off more employees in March, sources say
• Negative Sentiment: Card pricing pressure/political optics: Reports that Citi is exploring a 10% capped-rate card to respond to political pressure (and CEO comments warning caps would hurt credit access) create uncertainty around future card yields and policy risk — potential margin compression if price caps or similar measures are implemented. Bank of America, Citigroup consider new credit cards with 10% rate, Bloomberg News reports

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.