Danske Bank A S Takes $98.51 Million Position in Citigroup Inc. $C

Danske Bank A S bought a new stake in Citigroup Inc. (NYSE:C) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 970,513 shares of the company’s stock, valued at approximately $98,507,000. Danske Bank A S owned about 0.05% of Citigroup at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in C. Wolff Wiese Magana LLC increased its position in shares of Citigroup by 87.6% during the 3rd quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock worth $26,000 after purchasing an additional 120 shares during the last quarter. Dunhill Financial LLC lifted its position in Citigroup by 92.2% in the third quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock valued at $32,000 after buying an additional 153 shares during the last quarter. Guerra Advisors Inc acquired a new position in Citigroup in the third quarter valued at about $33,000. Howard Hughes Medical Institute purchased a new position in Citigroup during the second quarter worth about $34,000. Finally, Capital A Wealth Management LLC acquired a new stake in shares of Citigroup during the second quarter valued at about $38,000. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi is opening a large Charlotte office and adding hundreds of jobs, a sign of ongoing investment in operations and talent that supports middle- and back-office capacity for global banking and markets activity. Banking giant opens Ballantyne office, adding over 500 jobs in Charlotte
• Positive Sentiment: Citi’s research/coverage business remains active (example: initiating coverage of Nebius Group NV), which underpins recurring research/IB client work and visibility across sectors. Citigroup initiates coverage of Nebius Group NV (NBIS) with buy recommendation
• Neutral Sentiment: Research notes from Citi (and peers) flag a potential peak in energy-stock rallies — useful market intelligence but not a direct driver of Citi’s own fundamentals; could affect trading volumes and client flows in energy-related desks. Jefferies and Citi Spot a Potential Top in Soaring Energy Stocks
• Negative Sentiment: Citi Research cut its 12‑month price targets for Bitcoin and Ethereum, citing stalled U.S. legislation, weaker ETF inflows and softer network activity — a development that could mute crypto-related trading and ETF flow commissions that banks and trading desks hoped to capture. Multiple outlets covered the downgrade. Citigroup cuts 12-month bitcoin, ether targets as US crypto legislation stalls
• Negative Sentiment: Regional tensions (Iran war) have forced Citi to keep most UAE branches closed and prompted broader Citi Research warnings about macro and market risks (e.g., cuts to India/Nifty targets), which raise operational and market risk concerns in affected geographies. Citi to keep most UAE branches closed indefinitely due to Iran war

Insider Activity

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

Citigroup Stock Performance

Shares of C stock opened at $107.73 on Wednesday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. Citigroup Inc. has a 52 week low of $55.51 and a 52 week high of $125.16. The stock has a market capitalization of $188.45 billion, a PE ratio of 15.46, a P/E/G ratio of 0.69 and a beta of 1.17. The firm has a 50 day moving average of $114.04 and a two-hundred day moving average of $107.37.

Citigroup (NYSE:C) last released 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. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The firm had revenue of $19.87 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same period last year, the business posted $1.34 earnings per share. Citigroup’s revenue was up 2.1% compared to the same quarter last year. On average, research analysts predict that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Dividend Announcement

The company also recently disclosed 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 2.2%. The ex-dividend date was Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is presently 34.43%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on C. JPMorgan Chase & Co. upped their price objective on shares of Citigroup from $130.00 to $134.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Barclays lifted their target price on shares of Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Keefe, Bruyette & Woods boosted their target price on Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a research report on Wednesday, December 17th. Zacks Research cut Citigroup from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. Finally, The Goldman Sachs Group raised their price target on Citigroup from $113.00 to $127.00 and gave the stock a “buy” rating in a research 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’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $127.25.

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.