Optas LLC Has $1.46 Million Stock Holdings in Citigroup Inc. $C

Key Points

• Optas LLC boosted its Citigroup stake by 152.1% in Q4, buying 7,528 shares to hold 12,476 shares valued at approximately $1.456 million amid overall institutional ownership of 71.72%.
• Citigroup beat Q1 estimates with $3.06 EPS vs. $2.63 expected and revenue of $24.63B (up 14.1% YoY), prompting multiple firms to raise price targets and leaving an average analyst rating of "Moderate Buy" with a $135.94 target.
• The company announced a quarterly dividend of $0.60 (annualized $2.40, ~1.8% yield) with an ex-dividend date of May 4, while an insider recently sold 43,173 shares.

Optas LLC boosted its position in shares of Citigroup Inc. (NYSE:C - Free Report) by 152.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 12,476 shares of the company's stock after buying an additional 7,528 shares during the quarter. Optas LLC's holdings in Citigroup were worth $1,456,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of C. Novem Group acquired a new position in shares of Citigroup in the 4th quarter valued at $204,000. DSG Capital Advisors LLC lifted its stake in shares of Citigroup by 4.7% in the 4th quarter. DSG Capital Advisors LLC now owns 95,448 shares of the company's stock valued at $11,211,000 after purchasing an additional 4,266 shares during the period. Richards Merrill & Peterson Inc. acquired a new position in shares of Citigroup in the 4th quarter valued at $28,000. 55 North Private Wealth LLC acquired a new position in shares of Citigroup in the 4th quarter valued at $593,000. Finally, Davidson Trust Co. lifted its stake in shares of Citigroup by 4.2% in the 4th quarter. Davidson Trust Co. now owns 3,858 shares of the company's stock valued at $450,000 after purchasing an additional 157 shares during the period. Institutional investors and hedge funds own 71.72% of the company's stock.

Citigroup Price Performance

C opened at $132.93 on Tuesday. The company has a quick ratio of 1.00, a current ratio of 0.99 and a debt-to-equity ratio of 1.59. Citigroup Inc. has a 12 month low of $61.95 and a 12 month high of $133.57. The company has a fifty day simple moving average of $114.75 and a 200 day simple moving average of $110.57. The stock has a market cap of $227.97 billion, a P/E ratio of 16.47, a P/E/G ratio of 0.60 and a beta of 1.11.

Citigroup (NYSE:C - Get Free Report) last released its quarterly earnings data on Tuesday, April 14th. The company reported $3.06 EPS for the quarter, beating analysts' consensus estimates of $2.63 by $0.43. Citigroup had a net margin of 9.35% and a return on equity of 9.19%. The business had revenue of $24.63 billion during the quarter, compared to analysts' expectations of $22.96 billion. During the same quarter in the prior year, the company earned $1.96 EPS. The firm's quarterly revenue was up 14.1% on a year-over-year basis. On average, research analysts expect that Citigroup Inc. will post 10.49 EPS for the current year.

Citigroup Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 4th will be given a $0.60 dividend. The ex-dividend date is Monday, May 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.8%. Citigroup's dividend payout ratio is currently 29.74%.

Insider Activity at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the company's stock in a transaction 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 completion of the sale, the insider owned 45,835 shares in the company, valued at $5,091,810.15. This represents a 48.50% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.11% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Q1 beat + analyst upgrade: Citigroup reported stronger‑than‑expected Q1 results (EPS and revenue) and RBC Capital raised its price target to $139 while keeping an Outperform rating — a direct catalyst for buying interest. Why Citigroup Inc. (C) is One of the Best Cheap Stocks for Beginners to Invest in
• Positive Sentiment: Street attention / momentum: Zacks and other outlets have highlighted C as a top pick amid recent market strength, supporting momentum flows into the stock. Take the Zacks Approach to Beat the Markets: Citigroup in Focus
• Neutral Sentiment: Citi research on macro markets — including a note that oil could reach $110 if Strait of Hormuz disruptions persist — highlights the bank’s active research franchise (good for fee/flow businesses) but is not an immediate driver of Citigroup equity performance. Citi Sees Oil at $110 If Hormuz Disruption Lasts Another Month
• Neutral Sentiment: Fixed‑income market notes from Citi (e.g., commentary on UK bond supply moderating) underscore the bank’s market research influence; informational for investors but mixed for near‑term stock direction. Drop in UK Bond Sales to Limit Political Risk Selloff, Citi Says
• Neutral Sentiment: Product partnerships: Citi remains active in co‑brand card programs (example: AT&T Points Plus refresh), which supports consumer fee income but represents gradual, not immediate, EPS upside. AT&T and Citi Enhance the AT&T Points Plus Card
• Negative Sentiment: Geopolitical risk / oil volatility: Renewed Strait of Hormuz headlines and oil price swings increase market volatility and could pressure trading revenue and risk assets if tensions escalate or snap back. Oil Slips as Iran Set to Attend Negotiations With US in Pakistan
• Negative Sentiment: Longer‑term competition from fintechs: Startups seeking bank charters (e.g., Mission Lane) increase competitive pressure in cards/consumer lending over time, a potential headwind for margins. Mission Lane Credit Card Startup Wants to Become National Bank

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on C. Morgan Stanley increased their price target on Citigroup from $140.00 to $144.00 and gave the company an "overweight" rating in a research note on Wednesday, April 15th. Piper Sandler reissued an "overweight" rating and issued a $145.00 price target (up from $125.00) on shares of Citigroup in a research note on Wednesday, April 15th. Wells Fargo & Company increased their price target on Citigroup from $150.00 to $160.00 and gave the company an "overweight" rating in a research note on Wednesday, April 15th. TD Cowen reissued a "hold" rating on shares of Citigroup in a research note on Wednesday, January 7th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $135.94.

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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