Nordea Investment Management AB Has $933.89 Million Stock Holdings in Citigroup Inc. $C

Key Points

• Nordea Investment Management AB increased its stake in Citigroup by 11.8% in Q4 to 7,986,407 shares (about 0.45% of Citigroup), valued at roughly $933.9 million and making Cits its 21st largest holding (≈0.8% of Nordea's portfolio).
• Insider Cantu Ernesto Torres sold 43,173 Citigroup shares on Feb 13 at an average of $111.09 for about $4.80 million, cutting their ownership by 48.5%; company insiders now hold about 0.08% of the stock.
• Citigroup reported Q (quarter) EPS of $1.81 (beating $1.65 estimates) on $19.87 billion revenue (below $20.99B estimates), pays a $0.60 quarterly dividend ($2.40 annualized, ~2.2% yield), and carries a consensus analyst rating of Moderate Buy with a $127.25 price target.

Nordea Investment Management AB boosted its stake in Citigroup Inc. (NYSE:C - Free Report) by 11.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,986,407 shares of the company's stock after buying an additional 844,056 shares during the quarter. Citigroup makes up about 0.8% of Nordea Investment Management AB's holdings, making the stock its 21st biggest position. Nordea Investment Management AB owned approximately 0.45% of Citigroup worth $933,891,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of C. Wolff Wiese Magana LLC increased its stake in shares of Citigroup by 87.6% in the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company's stock worth $26,000 after acquiring an additional 120 shares during the last quarter. Dunhill Financial LLC raised its holdings in shares of Citigroup by 92.2% during the third quarter. Dunhill Financial LLC now owns 319 shares of the company's stock worth $32,000 after acquiring an additional 153 shares in the last quarter. Guerra Advisors Inc acquired a new stake in Citigroup during the third quarter valued at $33,000. GoalVest Advisory LLC grew its stake in Citigroup by 57.2% in the fourth quarter. GoalVest Advisory LLC now owns 393 shares of the company's stock valued at $46,000 after purchasing an additional 143 shares in the last quarter. Finally, Cloud Capital Management LLC purchased a new position in Citigroup in the third quarter valued at about $40,000. Institutional investors and hedge funds own 71.72% of the company's stock.

Insider Buying and Selling

In other news, insider Cantu Ernesto Torres sold 43,173 shares of Citigroup stock in a transaction that occurred 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 transaction, the insider 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 document filed with the SEC, which can be accessed through this hyperlink. 0.08% of the stock is currently owned by company insiders.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Senate/industry chatter suggests a tentative deal between banking and crypto groups could be announced, potentially clearing the path for the long-stalled CLARITY Act. Regulatory clarity on crypto could unlock custody, trading and advisory opportunities for large banks that are building crypto businesses, a potential upside for Citigroup's institutional franchises. CNBC Teases Deal Between Banks And Crypto For Long-Awaited Market Structure Bill
• Positive Sentiment: The Federal Reserve has proposed easing certain capital rules for major banks under the Basel III Endgame framework. Reduced capital burdens or more flexible requirements could improve return-on-equity and dividend/buyback capacity for large banks including Citigroup. Fed proposes easing capital rules for major banks
• Positive Sentiment: Analyst commentary: Barron's included Citigroup among several banks that could thrive in a choppy market, highlighting relative value in the sector — a supportive narrative for longer-term investor interest in C. Citigroup and 5 More Bank Stocks Set to Thrive in a Choppy Market
• Neutral Sentiment: Citi's research desk is active — the bank recently initiated coverage on an electric-vehicle manufacturer with a rare buy rating. This showcases Citi's advisory/research strengths that can support investment-banking fees, but is not an immediate earnings driver for the bank itself. Citigroup initiates coverage on this electric vehicle manufacturer with a rare buy rating
• Neutral Sentiment: Citigroup analysts trimmed price targets on several crypto-related stocks while keeping a surprise pick; reflects a cautious institutional view on crypto asset prices (affects research credibility and client flows but not direct bank P&L immediately). Citigroup quietly trims most crypto stocks, except one surprise pick
• Negative Sentiment: The Fed’s decision to hold rates while signaling higher-for-longer inflation has pressured bank stocks broadly (near-term hit to trading and credit dynamics). That macro backdrop can weigh on Citigroup’s quarterly revenue mix and investor sentiment. Fed Keeps Rates Steady Amid Rising Inflation: What it Means for Banks
• Negative Sentiment: Leadership news: a report says Citi executive Mason plans to leave by year-end while pursuing a CEO role elsewhere — any senior departures can create short-term uncertainty on strategy and succession until clarity emerges. Citi's Mason plans to leave by year's end, gunning for a CEO role - report

Citigroup Price Performance

Shares of NYSE:C opened at $109.46 on Friday. The stock has a market capitalization of $191.47 billion, a P/E ratio of 15.70, a P/E/G ratio of 0.70 and a beta of 1.17. The business has a 50-day moving average of $113.33 and a two-hundred day moving average of $107.58. Citigroup Inc. has a fifty-two week low of $55.51 and a fifty-two week high of $125.16. 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 (NYSE:C - Get Free Report) last issued its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 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 business had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. During the same quarter in the prior year, the firm posted $1.34 EPS. The firm's revenue for the quarter was up 2.1% on a year-over-year basis. On average, equities research analysts predict that Citigroup Inc. will post 7.53 EPS for the current fiscal 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 of this dividend was Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.2%. Citigroup's dividend payout ratio is presently 34.43%.

Analyst Ratings Changes

C has been the subject of a number of recent research reports. JPMorgan Chase & Co. raised their price target on Citigroup from $130.00 to $134.00 and gave the stock an "overweight" rating in a research note on Monday, February 9th. UBS Group reissued a "neutral" rating and issued a $132.00 price target on shares of Citigroup in a research note on Thursday, January 15th. Zacks Research downgraded Citigroup from a "strong-buy" rating to a "hold" rating in a report on Friday, February 20th. Oppenheimer raised their price objective on shares of Citigroup from $141.00 to $144.00 and gave the company an "outperform" rating in a research report on Thursday, January 15th. Finally, Piper Sandler set a $135.00 target price 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 given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $127.25.

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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