E. Ohman J or Asset Management AB Has $7.55 Million Stock Position in Citigroup Inc. $C

Key Points

• E. Ohman J or Asset Management AB cut its stake in Citigroup by 17.7% in Q4, selling 13,941 shares and ending the period with 64,678 shares worth about $7.55 million.
• Citi secured a strategic ETF/middle‑office services win (a BlackRock selection) and is benefiting from rising flows into actively managed ETFs, a tailwind for non‑interest fee revenue.
• Analysts are generally bullish on Citi — the consensus rating is Moderate Buy with a $127.25 target, and several firms have recently raised price targets (e.g., Barclays to $146, Morgan Stanley to $152).

E. Ohman J or Asset Management AB cut its holdings in shares of Citigroup Inc. (NYSE:C - Free Report) by 17.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 64,678 shares of the company's stock after selling 13,941 shares during the period. E. Ohman J or Asset Management AB's holdings in Citigroup were worth $7,547,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in C. Wolff Wiese Magana LLC increased its holdings in 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 in the last quarter. Dunhill Financial LLC raised 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 purchasing an additional 153 shares during the last quarter. Guerra Advisors Inc bought a new position in shares of Citigroup in the third quarter valued at approximately $33,000. Howard Hughes Medical Institute purchased a new position in shares of Citigroup during the second quarter valued at approximately $34,000. Finally, Capital A Wealth Management LLC purchased a new position in shares of Citigroup during the second quarter valued at approximately $38,000. Institutional investors own 71.72% of the company's stock.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: BlackRock selection and bullish coverage reaffirm Citi’s strength in ETF/middle‑office services — a durable fee pool that can boost non‑interest income and raise investor confidence in Citi’s growth trajectory. Is Citigroup Inc. (C) one of the Best Forever Stocks to Buy Now?
• Positive Sentiment: Flow into actively managed ETFs is accelerating, supporting demand for middle‑ and back‑office outsourcing — a structural tailwind for banks that provide custody, fund administration and ETF servicing like Citi. This macro trend helps explain why Citi’s ETF servicing win is seen as strategically valuable. Active ETFs Surge Past Passive, and These Are in the Lead
• Neutral Sentiment: Recent analyst pieces highlight Citi as a dividend/long‑term income candidate, underscoring appeal to yield‑seeking investors (valuation and dividend policy remain watchpoints). Are You Looking for a High-Growth Dividend Stock?
• Negative Sentiment: Credit signal: Citi’s credit‑card delinquencies were stable in February, but net charge‑offs ticked higher, and lending activity softened slightly — a development that could pressure loan loss provisions and net interest income if the trend continues. Investors will watch upcoming credit trends and provisioning. Citigroup's Card Delinquencies Stable, Charge-Offs Rise in February

Analyst Ratings Changes

C has been the topic of several recent analyst reports. Keefe, Bruyette & Woods raised their price objective on Citigroup from $118.00 to $131.00 and gave the company an "outperform" rating in a research note on Wednesday, December 17th. Truist Financial increased their target price on shares of Citigroup from $123.00 to $129.00 and gave the company a "buy" rating in a report on Tuesday, January 6th. Zacks Research lowered shares of Citigroup from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 20th. Barclays boosted their price target on shares of Citigroup from $115.00 to $146.00 and gave the stock an "overweight" rating in a report on Monday, January 5th. Finally, Morgan Stanley set a $152.00 price objective on shares of Citigroup in a research report on Tuesday, February 17th. Fourteen research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $127.25.

Citigroup Price Performance

C opened at $111.66 on Tuesday. The firm has a 50-day moving average price of $113.21 and a 200-day moving average price of $107.77. Citigroup Inc. has a twelve month low of $55.51 and a twelve month high of $125.16. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. The company has a market capitalization of $195.33 billion, a price-to-earnings ratio of 16.02, a PEG ratio of 0.70 and a beta of 1.17.

Citigroup (NYSE:C - Get Free Report) last announced its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, beating analysts' consensus estimates of $1.65 by $0.16. The company had revenue of $19.87 billion for the quarter, compared to analysts' expectations of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. Citigroup's revenue was up 2.1% compared to the same quarter last year. During the same period in the prior year, the company posted $1.34 EPS. Equities analysts expect that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 2nd were given a dividend of $0.60 per share. The ex-dividend date was Monday, February 2nd. This represents a $2.40 annualized dividend and a dividend yield of 2.1%. Citigroup's dividend payout ratio is currently 34.43%.

Insider Activity at Citigroup

In other 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 value of $4,796,088.57. Following the completion of the transaction, the insider directly owned 45,835 shares of the company's stock, valued at $5,091,810.15. This trade represents a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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.

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