Citigroup Inc. $C Shares Sold by Lighthouse Investment Partners LLC

Key Points

• Lighthouse Investment Partners trimmed its Citigroup stake by 76.1%, selling 226,125 shares in Q3 and leaving it with 71,024 shares valued at about $7.21 million.
• Citigroup reported quarterly EPS of $1.81 (beat consensus) with revenue of $19.87 billion (below estimates), and pays a quarterly dividend of $0.60 (2.2% yield).
• An insider (Cantu Ernesto Torres) sold 43,173 shares (a ~48.5% reduction), and Citigroup faces geopolitical/operational headwinds (UAE branch closures), though analysts remain broadly constructive with a consensus "Moderate Buy" and average target near $127.25.

Lighthouse Investment Partners LLC trimmed its position in shares of Citigroup Inc. (NYSE:C - Free Report) by 76.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 71,024 shares of the company's stock after selling 226,125 shares during the quarter. Lighthouse Investment Partners LLC's holdings in Citigroup were worth $7,209,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in C. Wolff Wiese Magana LLC grew its holdings in shares of 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 buying an additional 120 shares in the last quarter. Dunhill Financial LLC lifted its stake in shares of Citigroup by 92.2% in the third quarter. Dunhill Financial LLC now owns 319 shares of the company's stock worth $32,000 after buying an additional 153 shares in the last quarter. Guerra Advisors Inc purchased a new position in shares of Citigroup in the third quarter worth about $33,000. Howard Hughes Medical Institute acquired a new position in Citigroup during the second quarter worth about $34,000. Finally, Capital A Wealth Management LLC acquired a new position in Citigroup during the second quarter worth about $38,000. Hedge funds and other institutional investors own 71.72% of the company's stock.

Citigroup Stock Up 1.5%

Shares of NYSE C opened at $107.26 on Tuesday. The company has a 50 day simple moving average of $114.34 and a 200-day simple moving average of $107.29. The company has a market capitalization of $187.62 billion, a P/E ratio of 15.39, a P/E/G ratio of 0.68 and a beta of 1.17. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 1.00. Citigroup Inc. has a 1 year low of $55.51 and a 1 year high of $125.16.

Citigroup (NYSE:C - Get Free Report) last released its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, beating the consensus estimate of $1.65 by $0.16. The firm had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The business's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.34 EPS. On average, equities research analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Announces Dividend

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

Wall Street Analyst Weigh In

C has been the subject of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on shares of Citigroup from $130.00 to $134.00 and gave the company an "overweight" rating in a report on Monday, February 9th. Wells Fargo & Company set a $150.00 price target on Citigroup in a report on Monday, January 5th. HSBC reissued a "buy" rating and set a $87.00 price objective on shares of Citigroup in a research note on Wednesday, January 7th. The Goldman Sachs Group upped their target price on Citigroup from $113.00 to $127.00 and gave the company a "buy" rating in a report on Tuesday, January 6th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of Citigroup in a research note on Wednesday, January 21st. Fourteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Citigroup has a consensus rating of "Moderate Buy" and an average price target of $127.25.

Insider Buying and Selling at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.08% of the company's stock.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Wall Street remains broadly constructive: multiple recent buy/overweight ratings and elevated price targets (median ~$130.5) support upside expectations for Citigroup, providing analyst-driven demand for the shares. QuiverQuant Citigroup coverage
• Positive Sentiment: Broader financial stocks are showing premarket strength and media attention (CNBC mentions), which can lift bank peers like Citigroup via sector flows and ETF buying. This market tailwind helps explain upward momentum in C. Sector Update: Financial Stocks Advance
• Neutral Sentiment: Citigroup has publicly denied reports of physical damage to its Middle East offices — a clarification that reduces panic risk but does not remove broader geopolitical uncertainty for regional operations. Citigroup denies damage to Middle East offices
• Negative Sentiment: Operational disruption risk: Citigroup will keep most UAE branches closed indefinitely amid the Iran conflict, which could depress local revenues, increase operational costs, and pressure investor sentiment while the situation persists. Citi to keep most UAE branches closed indefinitely
• Negative Sentiment: Geopolitical macro risk and portfolio moves: Citi Research has flagged Middle East war risks that could hit growth in markets like India, and third‑party monitoring shows notable insider selling and large institutional rebalancings — factors that can weigh on sentiment and create near‑term supply pressure on the stock. QuiverQuant: opinions and insider/institutional activity

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.

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