Sanders Capital LLC Sells 10,831,813 Shares of Citigroup Inc. $C

Sanders Capital LLC trimmed its holdings in shares of Citigroup Inc. (NYSE:C) by 92.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 943,584 shares of the company’s stock after selling 10,831,813 shares during the period. Sanders Capital LLC’s holdings in Citigroup were worth $95,774,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Tepp RIA LLC bought a new stake in shares of Citigroup in the 3rd quarter valued at $1,363,000. Texas Capital Bank Wealth Management Services Inc lifted its position in shares of Citigroup by 19.7% during the 3rd quarter. Texas Capital Bank Wealth Management Services Inc now owns 17,476 shares of the company’s stock valued at $1,774,000 after acquiring an additional 2,879 shares during the period. Main Street Research LLC boosted its stake in Citigroup by 6.0% during the third quarter. Main Street Research LLC now owns 4,894 shares of the company’s stock worth $497,000 after acquiring an additional 276 shares in the last quarter. Nicolet Advisory Services LLC boosted its stake in Citigroup by 15.3% during the third quarter. Nicolet Advisory Services LLC now owns 10,426 shares of the company’s stock worth $1,020,000 after acquiring an additional 1,383 shares in the last quarter. Finally, Nicolet Bankshares Inc. acquired a new stake in Citigroup in the third quarter worth $608,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Citigroup Stock Up 0.1%

Citigroup stock opened at $105.65 on Friday. The firm has a market capitalization of $184.82 billion, a price-to-earnings ratio of 15.16, a price-to-earnings-growth ratio of 0.67 and a beta of 1.17. The firm’s fifty day moving average price is $114.66 and its two-hundred day moving average price is $107.07. Citigroup Inc. has a 1-year low of $55.51 and a 1-year high of $125.16. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.63.

Citigroup (NYSE:C) last posted its earnings results 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 the consensus estimate of $20.99 billion. During the same period in the previous year, the firm posted $1.34 earnings per share. The firm’s revenue for the quarter was up 2.1% on a year-over-year basis. On average, equities research analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 2nd were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is currently 34.43%.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Reported insider buying — Rep. Jonathan Jackson disclosed a purchase of up to ~$275K of Citigroup stock, which can be interpreted by some investors as a signal of confidence from an insider-related actor and may provide modest demand support. Recent Report Shows That Rep. Jonathan Jackson Bought Up to $275K Worth of Citigroup Stock
• Positive Sentiment: Execution/innovation milestone — Citi issued its first digitally native structured note via Euroclear’s D‑FMI platform, showcasing product innovation and potential fee/revenue opportunities in wholesale and wealth businesses. That can bolster investor sentiment around Citi’s capital markets capabilities. Citigroup (C) Issues First Digitally Native Structured Note via Euroclear
• Positive Sentiment: Research reputation — Citigroup ranked highly on growth-factor grades among S&P financial holdings and continues to publish influential calls (e.g., upgrades elsewhere). Strong research can support fee business and market influence. Citigroup and Goldman Sachs top growth factor grades among S&P financial holdings
• Neutral Sentiment: Analyst activity — Citi’s research team stuck by coverage/ratings on defense names amid the Iran war and upgraded names like LyondellBasell; these moves matter more to those specific sectors than to Citi’s immediate P&L, though they illustrate active deal and research flow. Citigroup sticks by three missile and defense companies as Iran war rages
• Neutral Sentiment: Talent/industry spinout — An ex‑Citi CIO has launched an AI‑driven wealth manager. Startup activity highlights Citi alumni influence but is unlikely to materially affect Citi’s near‑term earnings. David Bailin: Armed With AI, an Ex-Citi CIO Strives to Shake Up the Industry
• Negative Sentiment: Operational/security risk — Citi instructed staff to evacuate several Dubai/UAE buildings and move to remote work after reported Iranian threats to Western banks. That raises short‑term operational disruption risk, potential security costs, and investor concern about regional exposure. Citigroup Dubai Evacuation Puts Operational Risks And Valuation In Focus
• Negative Sentiment: Recent price weakness context — Coverage summarizing why Citi shares fell more than the market earlier this week points to sector pressure and geopolitical risk; that context still weighs on sentiment and can amplify volatility around Citi. Here’s Why Citigroup (C) Fell More Than Broader Market

Insider Buying and Selling at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of Citigroup 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 transaction, the insider owned 45,835 shares of the company’s stock, valued at $5,091,810.15. The trade was a 48.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.08% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts have weighed in on C shares. Barclays lifted their price target on shares of Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Truist Financial raised their target price on Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Piper Sandler set a $135.00 target price on Citigroup in a research report on Thursday, January 15th. HSBC reaffirmed a “buy” rating and set a $87.00 price target on shares of Citigroup in a research note on Wednesday, January 7th. Finally, The Goldman Sachs Group increased their price target on Citigroup from $113.00 to $127.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $127.25.

Citigroup Company 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.