Danica Pension Livsforsikringsaktieselskab Invests $20.46 Million in Citigroup Inc. $C

Danica Pension Livsforsikringsaktieselskab bought a new position in shares of Citigroup Inc. (NYSE:C) in the third quarter, HoldingsChannel reports. The fund bought 201,602 shares of the company’s stock, valued at approximately $20,463,000.

Other large investors have also recently bought and sold shares of the company. FMB Wealth Management boosted its position in shares of Citigroup by 4.1% during the 3rd quarter. FMB Wealth Management now owns 2,618 shares of the company’s stock worth $266,000 after acquiring an additional 103 shares in the last quarter. Tritonpoint Wealth LLC raised its position in shares of Citigroup by 2.1% during the 3rd quarter. Tritonpoint Wealth LLC now owns 4,989 shares of the company’s stock worth $506,000 after acquiring an additional 104 shares in the last quarter. Highline Wealth Partners LLC raised its position in shares of Citigroup by 35.3% during the 3rd quarter. Highline Wealth Partners LLC now owns 418 shares of the company’s stock worth $42,000 after acquiring an additional 109 shares in the last quarter. Kozak & Associates Inc. lifted its stake in Citigroup by 12.3% during the third quarter. Kozak & Associates Inc. now owns 1,016 shares of the company’s stock worth $100,000 after purchasing an additional 111 shares during the last quarter. Finally, Arjuna Capital lifted its stake in Citigroup by 0.7% during the third quarter. Arjuna Capital now owns 16,587 shares of the company’s stock worth $1,684,000 after purchasing an additional 112 shares during the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Insiders Place Their Bets

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the firm’s stock in a transaction 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 transaction, the insider directly owned 45,835 shares of the company’s stock, valued at approximately $5,091,810.15. This trade represents a 48.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 0.08% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have commented on C. Weiss Ratings reiterated a “buy (b)” rating on shares of Citigroup in a research note on Wednesday, January 21st. Piper Sandler set a $135.00 target price on shares of Citigroup in a report on Thursday, January 15th. The Goldman Sachs Group increased their target price on shares of Citigroup from $113.00 to $127.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. UBS Group reiterated a “neutral” rating and set a $132.00 price target on shares of Citigroup in a research note on Thursday, January 15th. Finally, TD Cowen reissued a “hold” rating on shares of Citigroup in a research report on Wednesday, January 7th. Fourteen investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $127.25.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi is opening a large Charlotte office and adding hundreds of jobs, a sign of ongoing investment in operations and talent that supports middle- and back-office capacity for global banking and markets activity. Banking giant opens Ballantyne office, adding over 500 jobs in Charlotte
• Positive Sentiment: Citi’s research/coverage business remains active (example: initiating coverage of Nebius Group NV), which underpins recurring research/IB client work and visibility across sectors. Citigroup initiates coverage of Nebius Group NV (NBIS) with buy recommendation
• Neutral Sentiment: Research notes from Citi (and peers) flag a potential peak in energy-stock rallies — useful market intelligence but not a direct driver of Citi’s own fundamentals; could affect trading volumes and client flows in energy-related desks. Jefferies and Citi Spot a Potential Top in Soaring Energy Stocks
• Negative Sentiment: Citi Research cut its 12‑month price targets for Bitcoin and Ethereum, citing stalled U.S. legislation, weaker ETF inflows and softer network activity — a development that could mute crypto-related trading and ETF flow commissions that banks and trading desks hoped to capture. Multiple outlets covered the downgrade. Citigroup cuts 12-month bitcoin, ether targets as US crypto legislation stalls
• Negative Sentiment: Regional tensions (Iran war) have forced Citi to keep most UAE branches closed and prompted broader Citi Research warnings about macro and market risks (e.g., cuts to India/Nifty targets), which raise operational and market risk concerns in affected geographies. Citi to keep most UAE branches closed indefinitely due to Iran war

Citigroup Trading Up 0.4%

C opened at $107.73 on Wednesday. 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 business’s 50 day moving average is $114.04 and its two-hundred day moving average is $107.37. The firm has a market cap of $188.45 billion, a price-to-earnings ratio of 15.46, a price-to-earnings-growth ratio of 0.69 and a beta of 1.17.

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

Citigroup Announces Dividend

The firm also recently declared 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. The ex-dividend date 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 currently 34.43%.

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.