Strs Ohio Sells 106,562 Shares of Citigroup Inc. $C

Strs Ohio trimmed its position in Citigroup Inc. (NYSE:C) by 9.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,083,767 shares of the company’s stock after selling 106,562 shares during the quarter. Strs Ohio’s holdings in Citigroup were worth $126,465,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wolff Wiese Magana LLC boosted its position in shares of Citigroup by 87.6% in 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. Richards Merrill & Peterson Inc. bought a new position in shares of Citigroup in the 4th quarter worth $28,000. Dunhill Financial LLC boosted its position in shares of Citigroup by 92.2% in the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock worth $32,000 after purchasing an additional 153 shares during the last quarter. Guerra Advisors Inc bought a new position in shares of Citigroup in the 3rd quarter worth $33,000. Finally, MH & Associates Securities Management Corp ADV bought a new position in shares of Citigroup in the 4th quarter worth $35,000. 71.72% of the stock is currently owned by institutional investors.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: JPMorgan raised its price target on Citi and assigned an “overweight” rating, implying upside from current levels — a buy-side pillar that can support the stock. Benzinga
• Positive Sentiment: Unusually large call-option buying: traders bought roughly 125,853 Citi calls (about +68% vs. average), signaling short-term bullish positioning from options market participants — this can lift implied volatility and near-term demand for shares.
• Positive Sentiment: Strategic hires and expansion: Citi continues to add senior bankers in Asia and other units to boost cross-border M&A and infrastructure capabilities, which supports revenue growth prospects. Bloomberg: Shukla hire
• Positive Sentiment: Citi is advancing its planned disinvestment from Banamex with new investors on board, reducing legacy-country risk and helping clean up the balance sheet over time. Mexico News Daily
• Positive Sentiment: Recognition in digital assets: Citi received institutional nomination for digital asset adoption, supporting its positioning in tokenization and custody services — a potential long-term revenue stream. BeInCrypto
• Neutral Sentiment: Citi research commentary (e.g., on gold) and routine regulatory/participation notices are being circulated but are unlikely to move the stock materially on their own.
• Negative Sentiment: Reputational/legal risk: media reports about Citi hiring ex-JPMorgan banker Vis Raghavan (and a $52M payout despite past allegations) are drawing attention and could be a governance/reputational overhang for some investors. Inc.
• Negative Sentiment: Macro/geopolitical volatility — including Japan’s FX intervention (sharp yen moves) and recent Middle East developments — raises trading and market-risk uncertainty; that can pressure bank stocks via trading revenue swings and risk-off flows. Bloomberg/Yahoo

Insider Buying and Selling at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the firm’s stock in a transaction 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 sale, the insider owned 45,835 shares of the company’s stock, valued at approximately $5,091,810.15. This trade represents a 48.50% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Edward Skyler sold 25,000 shares of Citigroup stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $131.41, for a total value of $3,285,250.00. Following the completion of the sale, the insider directly owned 182,022 shares in the company, valued at $23,919,511.02. This represents a 12.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 92,318 shares of company stock worth $10,764,814 in the last ninety days. 0.11% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on C. Evercore set a $139.00 price target on Citigroup in a research report on Wednesday, April 15th. Keefe, Bruyette & Woods raised their price target on Citigroup from $131.00 to $140.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 15th. Zacks Research lowered Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. Jefferies Financial Group began coverage on Citigroup in a research report on Thursday, March 26th. They issued a “buy” rating and a $135.00 price target on the stock. Finally, Wells Fargo & Company raised their price target on Citigroup from $160.00 to $162.00 and gave the stock an “overweight” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Citigroup presently has an average rating of “Moderate Buy” and an average target price of $136.79.

Citigroup Stock Performance

Shares of Citigroup stock opened at $127.44 on Friday. The company has a market capitalization of $218.55 billion, a PE ratio of 15.79, a PEG ratio of 0.57 and a beta of 1.14. Citigroup Inc. has a 12 month low of $69.17 and a 12 month high of $135.29. The company has a current ratio of 0.99, a quick ratio of 1.00 and a debt-to-equity ratio of 1.59. The stock’s fifty day simple moving average is $117.01 and its 200 day simple moving average is $112.16.

Citigroup (NYSE:C) last issued its quarterly earnings data on Tuesday, April 14th. The company reported $3.06 EPS for the quarter, topping the consensus estimate of $2.63 by $0.43. The business had revenue of $24.63 billion for the quarter, compared to the consensus estimate of $22.96 billion. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The firm’s revenue was up 14.1% compared to the same quarter last year. During the same quarter last year, the business posted $1.96 EPS. On average, research analysts predict that Citigroup Inc. will post 10.66 EPS for the current year.

Citigroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 4th will be paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Monday, May 4th. Citigroup’s dividend payout ratio (DPR) is presently 29.74%.

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.