Lbp Am Sa Grows Position in Citigroup Inc. $C

Lbp Am Sa boosted its stake in Citigroup Inc. (NYSE:C) by 5.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 116,113 shares of the company’s stock after buying an additional 6,282 shares during the period. Lbp Am Sa’s holdings in Citigroup were worth $13,549,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of C. Wolff Wiese Magana LLC raised its stake in shares of 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 during the period. Dunhill Financial LLC boosted its position in shares of Citigroup by 92.2% during the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock worth $32,000 after purchasing an additional 153 shares during the period. Guerra Advisors Inc acquired a new stake in Citigroup in the 3rd quarter valued at approximately $33,000. MH & Associates Securities Management Corp ADV acquired a new stake in Citigroup in the 4th quarter valued at approximately $35,000. Finally, Maseco LLP purchased a new stake in Citigroup in the fourth quarter valued at approximately $35,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Insider Activity at Citigroup

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the sale, the insider directly owned 45,835 shares in the company, valued at approximately $5,091,810.15. This represents a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.11% of the company’s stock.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Q1 earnings beat and trading surge — Citigroup reported stronger-than-expected Q1 results (EPS $3.06; revenue up ~14%), with fixed-income/trading revenues propelling the highest quarterly revenue in years. That beat is the primary driver of the recent rally and analyst upgrades. Article Title
• Positive Sentiment: Analyst upgrades and price-target increases — Multiple firms have raised ratings and targets after the Q1 beat, lifting investor sentiment and underpinning the stock’s strength. Upgrades/target bumps support further upside expectations. Article Title
• Positive Sentiment: IFC/Citi $98M facility in South Africa — Citigroup joined IFC to launch a $98M facility to reduce local-currency risk for South African borrowers, extending Citi’s franchise and fee/investment relationships in EM markets. This is a tactical growth/relationship win in institutional and sovereign business. Article Title
• Positive Sentiment: Bullish market positioning — Unusually large call-option volume and social-media chatter celebrating trading gains indicate elevated investor bullishness and momentum flows into the stock. (Signals support near-term interest but can amplify volatility.)
• Neutral Sentiment: Macro backdrop — Weekly jobless claims came in below expectations, a positive macro print that generally supports bank earnings via stronger consumer activity and trading volume, but it also complicates rate outlooks. Article Title
• Neutral Sentiment: Private-credit exposure disclosure — Citi reported ~$22B of private-credit exposure; the number is notable but within the range disclosed by peers and accompanied by loss-absorption commentary, so it’s a watch item rather than an immediate red flag. Article Title
• Negative Sentiment: Insider selling and profit-taking after big run-up — Recent filings show insider sales and large one-year outperformance (~+110% Y/Y cited in social summaries); those factors, plus thinner-than-average volume today, point to profit-taking and supply pressure weighing on the stock. Article Title

Citigroup Stock Down 1.8%

Citigroup stock opened at $129.37 on Friday. The firm has a market capitalization of $221.85 billion, a P/E ratio of 16.03, a P/E/G ratio of 0.67 and a beta of 1.11. The company has a current ratio of 0.99, a quick ratio of 1.00 and a debt-to-equity ratio of 1.59. Citigroup Inc. has a twelve month low of $61.84 and a twelve month high of $132.86. The stock’s fifty day simple moving average is $114.39 and its 200-day simple moving average is $109.97.

Citigroup (NYSE:C) last released its earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) 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 analyst estimates of $22.96 billion. During the same period last year, the business posted $1.96 earnings per share. Citigroup’s revenue was up 14.1% compared to the same quarter last year. As a group, equities analysts expect that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Monday, May 4th will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, May 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. Citigroup’s payout ratio is currently 34.43%.

Wall Street Analyst Weigh In

A number of research firms have commented on C. Zacks Research cut Citigroup from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. UBS Group reiterated a “neutral” rating and issued a $132.00 price objective on shares of Citigroup in a report on Thursday, January 15th. Barclays increased their target price on Citigroup from $146.00 to $154.00 and gave the stock an “overweight” rating in a research note on Wednesday. The Goldman Sachs Group raised their target price on Citigroup from $137.00 to $151.00 and gave the company a “buy” rating in a report on Wednesday. Finally, TD Cowen reaffirmed a “hold” rating on shares of Citigroup in a research report on Wednesday, January 7th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, Citigroup 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.