South Dakota Investment Council Sells 86,192 Shares of Citigroup Inc. $C

South Dakota Investment Council decreased its holdings in Citigroup Inc. (NYSE:C) by 29.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 205,939 shares of the company’s stock after selling 86,192 shares during the period. South Dakota Investment Council’s holdings in Citigroup were worth $20,903,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Wolff Wiese Magana LLC increased its position in shares of Citigroup by 87.6% during the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock valued at $26,000 after buying an additional 120 shares during the period. Dunhill Financial LLC grew its stake in Citigroup by 92.2% during the third quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock valued at $32,000 after acquiring an additional 153 shares in the last quarter. Guerra Advisors Inc bought a new stake in Citigroup during the 3rd quarter worth approximately $33,000. Howard Hughes Medical Institute purchased a new stake in Citigroup in the 2nd quarter worth approximately $34,000. Finally, Legacy Investment Solutions LLC purchased a new position in shares of Citigroup during the 2nd quarter valued at $38,000. 71.72% of the stock is currently owned by institutional investors.

Citigroup Price Performance

Shares of NYSE:C opened at $111.38 on Tuesday. 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 Inc. has a twelve month low of $55.51 and a twelve month high of $125.16. The company’s 50 day moving average is $116.59 and its 200 day moving average is $106.34. The company has a market cap of $194.84 billion, a PE ratio of 15.98, a price-to-earnings-growth ratio of 0.70 and a beta of 1.18.

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 the consensus estimate of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.34 earnings per share. On average, sell-side analysts forecast that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Dividend Announcement

The business 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. This represents a $2.40 annualized dividend and a yield of 2.2%. The ex-dividend date was Monday, February 2nd. Citigroup’s dividend payout ratio is currently 34.43%.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi highlights resilient global trade and AI-driven workflows, which supports fee and transaction outlooks for the bank; this is a constructive signal for Citi’s corporate banking and markets businesses. Citi reports durable global trade in the Age of AI
• Neutral Sentiment: Citi research (Manthey) recommends U.K. equities as a defensive hedge amid the Iran war — this indicates the bank is positioning clients toward specific market hedges, which can boost trading and research revenues but is not an immediate earnings driver. Citi’s Manthey Sees UK Stocks as Good Hedge Amid Iran War
• Neutral Sentiment: Citi’s commodities team warns Brent could spike above $80 if the Iran conflict and Strait of Hormuz disruptions persist — higher oil raises market volatility and could boost trading and commodities revenue but also increases credit and inflation risks for banks. Citi sees oil spiking above $80 as Iran conflict rattles market
• Neutral Sentiment: Citi has reduced or exited some external holdings (reported sale of Liontown stake in Australia); these portfolio moves trim risk exposure but may signal rebalancing rather than core business change. Citigroup Exits Substantial Holding in Liontown
• Negative Sentiment: Citi instructed most employees in the Gulf to work from home amid escalating regional tensions — this points to operational disruption in a key region, potential reduced client activity locally, and higher execution/continuity costs. Citi instructs Gulf employees work from home as tensions flare
• Negative Sentiment: Widening Iran-related conflict and U.S. evacuations/alerts are depressing global risk appetite and raising credit and market-risk concerns for banks with EM/Gulf exposure — a broad macro headwind for Citigroup’s trading, markets and emerging-market lending. US urges citizens to immediately leave over a dozen Middle East countries
• Negative Sentiment: Citi sold a block of Clean Max Enviro Energy shares in India at a 20% discount after a weak listing — a small, visible mark on its institutional distribution activity that could draw short-term investor attention. Citigroup sells 8.3 lakh shares worth Rs 70 crore

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on C. UBS Group reiterated a “neutral” rating and issued a $132.00 price objective on shares of Citigroup in a research report on Thursday, January 15th. Wolfe Research reaffirmed an “outperform” rating and issued a $141.00 price target on shares of Citigroup in a report on Wednesday, January 7th. HSBC reissued a “buy” rating and set a $87.00 price objective on shares of Citigroup in a report on Wednesday, January 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Citigroup in a research note on Wednesday, January 21st. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $121.00 price target on shares of Citigroup in a research note on Thursday, January 15th. Fourteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $127.25.

Insider Activity at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the business’s stock in a transaction on 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 completion of the transaction, the insider directly owned 45,835 shares in the company, valued at $5,091,810.15. The trade was a 48.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.08% of the stock is owned by insiders.

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.