Sei Investments Co. Trims Stake in Citigroup Inc. $C

Sei Investments Co. cut its position in shares of Citigroup Inc. (NYSE:C) by 4.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,672,155 shares of the company’s stock after selling 81,810 shares during the period. Sei Investments Co. owned about 0.09% of Citigroup worth $169,725,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its stake in shares of Citigroup by 0.7% during the second quarter. Vanguard Group Inc. now owns 165,851,890 shares of the company’s stock valued at $14,117,313,000 after buying an additional 1,148,451 shares during the period. Capital World Investors lifted its stake in Citigroup by 6.5% in the third quarter. Capital World Investors now owns 47,262,626 shares of the company’s stock worth $4,797,292,000 after acquiring an additional 2,871,074 shares during the period. Fisher Asset Management LLC grew its holdings in Citigroup by 2.7% during the 3rd quarter. Fisher Asset Management LLC now owns 33,040,513 shares of the company’s stock worth $3,353,612,000 after acquiring an additional 879,056 shares in the last quarter. Franklin Resources Inc. grew its holdings in Citigroup by 1.8% during the 3rd quarter. Franklin Resources Inc. now owns 32,870,559 shares of the company’s stock worth $3,336,362,000 after acquiring an additional 580,027 shares in the last quarter. Finally, Norges Bank purchased a new position in Citigroup during the 2nd quarter valued at about $2,455,929,000. Institutional investors own 71.72% of the company’s stock.

Analyst Ratings Changes

C has been the subject of several research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Citigroup in a research report on Wednesday, January 21st. Piper Sandler set a $135.00 price objective on shares of Citigroup in a report on Thursday, January 15th. TD Cowen reissued a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. Royal Bank Of Canada restated an “outperform” rating and set a $121.00 target price on shares of Citigroup in a report on Thursday, January 15th. Finally, Truist Financial increased their target price on Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Fourteen equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $127.25.

Insider Buying and Selling at Citigroup

In other news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s stock in a transaction dated 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 owned 45,835 shares in the company, valued at $5,091,810.15. This represents a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.08% of the company’s stock.

Citigroup Stock Performance

Shares of C opened at $105.91 on Friday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 1.63. The firm has a market cap of $185.26 billion, a PE ratio of 15.19, a P/E/G ratio of 0.70 and a beta of 1.17. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $125.16. The stock has a fifty day moving average price of $114.92 and a 200-day moving average price of $106.99.

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

Citigroup Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders 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 dividend yield of 2.3%. Citigroup’s payout ratio is presently 34.43%.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi says Q1 investment-banking fees are tracking mid‑teens growth, which supports higher fee revenue and management’s growth narrative — a clear positive for near‑term revenue expectations. Citigroup expects mid‑teens growth in Q1 investment‑banking fees
• Positive Sentiment: Citi completed new senior unsecured note issuances and launched its first digitally native structured note via Euroclear’s D‑FMI — signaling product innovation, capital markets activity and potential fee income from new distribution methods. Management also reiterated profitability targets that could reframe investor expectations. Did Citi’s New Debt Issuance And Digital Note Launch Just Shift Citigroup’s (C) Investment Narrative?
• Neutral Sentiment: Citi research remains active: analysts added HEICO to an “upside” watch and trimmed/reshuffled ratings (e.g., Generac downgrade), highlighting Citi’s visible role in equity research — good for franchise visibility but mixed for immediate P&L impact. HEICO Corporation (HEI) a Moderate Buy, Analysts See 23% Upside Citi downgrades Generac as catalysts play out
• Neutral Sentiment: Broader policy/timing items in crypto legislation (Senate leader expects delay) are unlikely to move Citi materially in the near term but could slow any future flows tied to digital‑asset market‑structure work where banks participate. US Senate leader doesn‘t expect market structure to pass before April: Report
• Negative Sentiment: Operational/geopolitical risk: Citi evacuated three U.A.E. buildings after threats tied to regional tensions — a direct operational disruption that raises short‑term costs, staff safety concerns and potential business interruption in MENA markets. Citi evacuates offices in the Middle East after Iran threatens to target banks Citi Evacuates Three Buildings in U.A.E.
• Negative Sentiment: Heightened market volatility and flows into/away from financials pushed Citi below peers today; commentators note unusually high options volume and Citi falling more than the broader financial sector — indicators of increased short‑term trading/hedging pressure. Citigroup Sees Unusually High Options Volume (NYSE:C) Here’s Why Citigroup (C) Fell More Than Broader Market

About Citigroup

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.