Rafferty Asset Management LLC Has $62.51 Million Stake in Citigroup Inc. $C

Rafferty Asset Management LLC reduced its position in Citigroup Inc. (NYSE:C) by 1.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 615,893 shares of the company’s stock after selling 9,524 shares during the quarter. Rafferty Asset Management LLC’s holdings in Citigroup were worth $62,513,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Argent Trust Co boosted its position in Citigroup by 3.5% during the third quarter. Argent Trust Co now owns 58,994 shares of the company’s stock valued at $5,988,000 after acquiring an additional 2,007 shares during the last quarter. Quantbot Technologies LP lifted its stake in shares of Citigroup by 135.4% in the 3rd quarter. Quantbot Technologies LP now owns 66,541 shares of the company’s stock valued at $6,754,000 after purchasing an additional 38,278 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 valued at $32,000 after purchasing an additional 153 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new stake in Citigroup during the third quarter worth approximately $2,124,000. Finally, Erste Asset Management GmbH increased its holdings in Citigroup by 1.4% in the third quarter. Erste Asset Management GmbH now owns 243,628 shares of the company’s stock worth $25,130,000 after purchasing an additional 3,311 shares in the last quarter. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the company’s stock in a transaction on 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 completion of the sale, the insider 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 sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.08% of the stock is currently owned by insiders.

Citigroup Stock Down 5.2%

Citigroup stock opened at $110.11 on Friday. The firm has a market capitalization of $192.62 billion, a price-to-earnings ratio of 15.80, a price-to-earnings-growth ratio of 0.74 and a beta of 1.18. The firm’s fifty day moving average price is $116.72 and its two-hundred day moving average price is $106.08. Citigroup Inc. has a 1-year low of $55.51 and a 1-year high of $125.16. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.63.

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

Citigroup Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Monday, February 2nd were issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is currently 34.43%.

Analysts Set New Price Targets

Several equities analysts have issued reports on C shares. Weiss Ratings reissued a “buy (b)” rating on shares of Citigroup in a research note on Wednesday, January 21st. Oppenheimer boosted their target price on shares of Citigroup from $141.00 to $144.00 and gave the company an “outperform” rating in a research report on Thursday, January 15th. UBS Group reissued a “neutral” rating and set a $132.00 target price on shares of Citigroup in a research note on Thursday, January 15th. TD Cowen reaffirmed a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. Finally, Barclays upped their price objective on shares of Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Fourteen analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Citigroup currently has a consensus rating of “Moderate Buy” and a consensus price target of $127.25.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: BlackRock picked Citi Investor Services to provide select middle-office services for $4.0T of U.S. iShares ETFs — a meaningful client win that supports fee income and strengthens custody/servicing credibility. Article Title
• Positive Sentiment: Citi committed $60B to affordable housing, nearly doubling its sector investment pace — a large, multiyear deployment that positions the bank for stable lending and fee opportunities tied to policy and ESG flows. Article Title
• Positive Sentiment: Citi formed an AI infrastructure financing team to capture demand from data-center builds and related capex — a strategic play to originate large commercial loans and project-finance mandates as AI adoption ramps. Article Title
• Neutral Sentiment: Citi made a strategic investment in Japan’s Sakana AI (size undisclosed) — signals an effort to back AI partners but unclear near-term financial impact. Article Title
• Neutral Sentiment: Media and research outlets continue to spotlight Citi (trending coverage, analyst attention and higher targets from some firms), which can amplify both inflows and volatility depending on headline flow. (See recent Zacks/MarketBeat summaries.) Article Title
• Negative Sentiment: Macro/geopolitical risk is elevated today — headlines about heightened cross‑border conflict in South Asia and Israel/Iran tensions are driving risk‑off flows across markets, which typically pushes bank stocks lower on volatility and flight-to-safety moves. Article Title
• Negative Sentiment: Company fundamentals that can weigh on sentiment: Q4 showed an EPS beat but revenue missed estimates (reported Jan. 14), and today’s elevated volume suggests profit‑taking or institutional rebalancing; that combination often triggers sharper intraday declines. (See company Q4 results and trading stats.)

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.