Ossiam Lowers Position in Citigroup Inc. $C

Key Points

• Ossiam reduced its stake in Citigroup by 74.2% in Q3, selling 762,811 shares and retaining 264,889 shares valued at about $26.89 million.
• Insider Cantu Ernesto Torres sold 43,173 shares at an average of $111.09 for roughly $4.8 million, trimming his holding by 48.5%; institutional investors own 71.72% of Citigroup while insiders hold 0.08%.
• Analysts have a consensus of Moderate Buy with an average price target of $127.25; Citigroup recently reported an EPS beat ($1.81 vs. $1.65) but missed revenue expectations and pays a quarterly dividend of $0.60 (≈2.3% yield).

Ossiam reduced its stake in Citigroup Inc. (NYSE:C - Free Report) by 74.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 264,889 shares of the company's stock after selling 762,811 shares during the period. Ossiam's holdings in Citigroup were worth $26,886,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Wolff Wiese Magana LLC boosted its stake in 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 during the period. Dunhill Financial LLC raised its stake in shares of Citigroup by 92.2% in the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company's stock valued at $32,000 after acquiring an additional 153 shares during the period. Guerra Advisors Inc acquired a new position in shares of Citigroup in the 3rd quarter worth approximately $33,000. Howard Hughes Medical Institute acquired a new position in shares of Citigroup in the 2nd quarter worth approximately $34,000. Finally, Capital A Wealth Management LLC purchased a new position in shares of Citigroup during the 2nd quarter worth approximately $38,000. Institutional investors and hedge funds own 71.72% of the company's stock.

Insider Buying and Selling

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the company's stock in a transaction dated 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 in the company, valued at $5,091,810.15. This represents a 48.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.08% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

C has been the subject of several research reports. Morgan Stanley set a $152.00 target price on shares of Citigroup in a report on Tuesday, February 17th. Royal Bank Of Canada restated an "outperform" rating and set a $121.00 price target on shares of Citigroup in a research report on Thursday, January 15th. TD Cowen reaffirmed a "hold" rating on shares of Citigroup in a research note on Wednesday, January 7th. The Goldman Sachs Group boosted their price objective on Citigroup from $113.00 to $127.00 and gave the company a "buy" rating in a report on Tuesday, January 6th. Finally, Wolfe Research reissued an "outperform" rating and set a $141.00 target price on shares of Citigroup in a research note on Wednesday, January 7th. Fourteen equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $127.25.

Citigroup Stock Performance

Shares of C stock opened at $105.65 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. Citigroup Inc. has a 52 week low of $55.51 and a 52 week high of $125.16. The stock has a market capitalization of $184.82 billion, a PE ratio of 15.16, a P/E/G ratio of 0.67 and a beta of 1.17. The firm has a 50 day moving average of $114.66 and a two-hundred day moving average of $107.07.

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

Citigroup Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Monday, February 2nd were paid a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend was Monday, February 2nd. Citigroup's payout ratio is presently 34.43%.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Reported insider buying — Rep. Jonathan Jackson disclosed a purchase of up to ~$275K of Citigroup stock, which can be interpreted by some investors as a signal of confidence from an insider-related actor and may provide modest demand support. Recent Report Shows That Rep. Jonathan Jackson Bought Up to $275K Worth of Citigroup Stock
• Positive Sentiment: Execution/innovation milestone — Citi issued its first digitally native structured note via Euroclear’s D‑FMI platform, showcasing product innovation and potential fee/revenue opportunities in wholesale and wealth businesses. That can bolster investor sentiment around Citi’s capital markets capabilities. Citigroup (C) Issues First Digitally Native Structured Note via Euroclear
• Positive Sentiment: Research reputation — Citigroup ranked highly on growth-factor grades among S&P financial holdings and continues to publish influential calls (e.g., upgrades elsewhere). Strong research can support fee business and market influence. Citigroup and Goldman Sachs top growth factor grades among S&P financial holdings
• Neutral Sentiment: Analyst activity — Citi’s research team stuck by coverage/ratings on defense names amid the Iran war and upgraded names like LyondellBasell; these moves matter more to those specific sectors than to Citi’s immediate P&L, though they illustrate active deal and research flow. Citigroup sticks by three missile and defense companies as Iran war rages
• Neutral Sentiment: Talent/industry spinout — An ex‑Citi CIO has launched an AI‑driven wealth manager. Startup activity highlights Citi alumni influence but is unlikely to materially affect Citi’s near‑term earnings. David Bailin: Armed With AI, an Ex-Citi CIO Strives to Shake Up the Industry
• Negative Sentiment: Operational/security risk — Citi instructed staff to evacuate several Dubai/UAE buildings and move to remote work after reported Iranian threats to Western banks. That raises short‑term operational disruption risk, potential security costs, and investor concern about regional exposure. Citigroup Dubai Evacuation Puts Operational Risks And Valuation In Focus
• Negative Sentiment: Recent price weakness context — Coverage summarizing why Citi shares fell more than the market earlier this week points to sector pressure and geopolitical risk; that context still weighs on sentiment and can amplify volatility around Citi. Here's Why Citigroup (C) Fell More Than Broader Market

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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