Strs Ohio Has $126.47 Million Stock Position in Citigroup Inc. $C

Key Points

• Strs Ohio trimmed its Citigroup stake by 9.0%, selling 106,562 shares and leaving it with 1,083,767 shares worth about $126.47 million as of the latest SEC filing.
• Citigroup beat quarterly expectations with $3.06 EPS (vs. $2.63 expected) and $24.63 billion in revenue, and announced a $0.60 quarterly dividend (annualized $2.40, yield ~1.9%; ex-dividend May 4, payable May 22).
• Wall Street sentiment is broadly positive — a consensus "Moderate Buy" with an average target of $136.79 after several firms raised targets — while institutional investors own 71.72% of the stock and insiders have sold roughly 92,318 shares (~$10.8M) in the past 90 days.

Strs Ohio decreased its position in Citigroup Inc. (NYSE:C - Free Report) by 9.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,083,767 shares of the company's stock after selling 106,562 shares during the period. Strs Ohio owned about 0.06% of Citigroup worth $126,465,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC raised its holdings in Citigroup by 87.6% in the 3rd quarter. Wolff Wiese Magana LLC now owns 257 shares of the company's stock valued at $26,000 after acquiring an additional 120 shares in the last quarter. Richards Merrill & Peterson Inc. acquired a new position in shares of Citigroup in the 4th quarter worth approximately $28,000. Dunhill Financial LLC raised its holdings in shares of Citigroup by 92.2% in the 3rd 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 acquired a new position in shares of Citigroup in the 3rd quarter worth approximately $33,000. Finally, MH & Associates Securities Management Corp ADV acquired a new position in shares of Citigroup in the 4th quarter worth approximately $35,000. Institutional investors and hedge funds own 71.72% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Barclays increased their target price on Citigroup from $146.00 to $154.00 and gave the stock an "overweight" rating in a report on Wednesday, April 15th. Wolfe Research reissued an "outperform" rating and issued a $141.00 target price on shares of Citigroup in a report on Wednesday, January 7th. Evercore set a $139.00 target price on Citigroup in a report on Wednesday, April 15th. Oppenheimer increased their target price on Citigroup from $132.00 to $144.00 and gave the stock an "outperform" rating in a report on Wednesday, April 15th. Finally, Morgan Stanley increased their target price on Citigroup from $140.00 to $144.00 and gave the stock an "overweight" rating in a report on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Citigroup currently has a consensus rating of "Moderate Buy" and an average target price of $136.79.

Citigroup Trading Down 0.4%

C stock opened at $127.44 on Friday. The business has a fifty day moving average price of $117.01 and a 200 day moving average price of $112.16. Citigroup Inc. has a fifty-two week low of $69.17 and a fifty-two week high of $135.29. The stock has a market capitalization of $218.55 billion, a price-to-earnings ratio of 15.79, a P/E/G ratio of 0.57 and a beta of 1.14. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.99 and a quick ratio of 1.00.

Citigroup (NYSE:C - Get Free Report) last released its quarterly earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share for the quarter, beating analysts' consensus estimates of $2.63 by $0.43. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The firm had revenue of $24.63 billion during the quarter, compared to analysts' expectations of $22.96 billion. During the same period last year, the firm posted $1.96 EPS. The business's revenue was up 14.1% on a year-over-year basis. Analysts expect that Citigroup Inc. will post 10.66 EPS for the current fiscal year.

Citigroup Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 4th will be issued a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend is Monday, May 4th. Citigroup's dividend payout ratio (DPR) is currently 29.74%.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: JPMorgan raised its price target on Citi and assigned an "overweight" rating, implying upside from current levels — a buy-side pillar that can support the stock. Benzinga
• Positive Sentiment: Unusually large call-option buying: traders bought roughly 125,853 Citi calls (about +68% vs. average), signaling short-term bullish positioning from options market participants — this can lift implied volatility and near-term demand for shares.
• Positive Sentiment: Strategic hires and expansion: Citi continues to add senior bankers in Asia and other units to boost cross-border M&A and infrastructure capabilities, which supports revenue growth prospects. Bloomberg: Shukla hire
• Positive Sentiment: Citi is advancing its planned disinvestment from Banamex with new investors on board, reducing legacy-country risk and helping clean up the balance sheet over time. Mexico News Daily
• Positive Sentiment: Recognition in digital assets: Citi received institutional nomination for digital asset adoption, supporting its positioning in tokenization and custody services — a potential long-term revenue stream. BeInCrypto
• Neutral Sentiment: Citi research commentary (e.g., on gold) and routine regulatory/participation notices are being circulated but are unlikely to move the stock materially on their own.
• Negative Sentiment: Reputational/legal risk: media reports about Citi hiring ex-JPMorgan banker Vis Raghavan (and a $52M payout despite past allegations) are drawing attention and could be a governance/reputational overhang for some investors. Inc.
• Negative Sentiment: Macro/geopolitical volatility — including Japan's FX intervention (sharp yen moves) and recent Middle East developments — raises trading and market-risk uncertainty; that can pressure bank stocks via trading revenue swings and risk-off flows. Bloomberg/Yahoo

Insiders Place Their Bets

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the 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 transaction, the insider directly owned 45,835 shares in the company, valued at approximately $5,091,810.15. This trade represents a 48.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Edward Skyler sold 25,000 shares of the stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $131.41, for a total value of $3,285,250.00. Following the completion of the transaction, the insider owned 182,022 shares in the company, valued at $23,919,511.02. The trade was a 12.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 92,318 shares of company stock valued at $10,764,814 over the last ninety days. Insiders own 0.11% of the company's stock.

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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