Universal Beteiligungs und Servicegesellschaft mbH Increases Stock Holdings in Citigroup Inc. $C

Universal Beteiligungs und Servicegesellschaft mbH boosted its position in shares of Citigroup Inc. (NYSE:C) by 7.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,278,741 shares of the company’s stock after acquiring an additional 88,317 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Citigroup were worth $148,705,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Eagle Global Advisors LLC boosted its holdings in Citigroup by 0.6% during the 4th quarter. Eagle Global Advisors LLC now owns 16,750 shares of the company’s stock valued at $1,955,000 after acquiring an additional 100 shares during the period. Carmel Capital Management L.L.C. boosted its holdings in Citigroup by 1.5% during the 4th quarter. Carmel Capital Management L.L.C. now owns 178,949 shares of the company’s stock valued at $20,882,000 after acquiring an additional 2,600 shares during the period. Penobscot Investment Management Company Inc. boosted its holdings in Citigroup by 29.4% during the 4th quarter. Penobscot Investment Management Company Inc. now owns 73,786 shares of the company’s stock valued at $8,610,000 after acquiring an additional 16,753 shares during the period. Optas LLC boosted its holdings in Citigroup by 152.1% during the 4th quarter. Optas LLC now owns 12,476 shares of the company’s stock valued at $1,456,000 after acquiring an additional 7,528 shares during the period. Finally, Novem Group purchased a new position in Citigroup during the 4th quarter valued at about $204,000. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

Citigroup Price Performance

C stock opened at $131.65 on Wednesday. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.99 and a quick ratio of 1.00. The firm has a market capitalization of $225.77 billion, a P/E ratio of 16.31, a P/E/G ratio of 0.60 and a beta of 1.11. The business’s 50-day moving average is $114.95 and its two-hundred day moving average is $110.81. Citigroup Inc. has a 1 year low of $63.51 and a 1 year high of $135.29.

Citigroup (NYSE:C) last posted its quarterly 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. The company had revenue of $24.63 billion for the quarter, compared to analyst estimates of $22.96 billion. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.Citigroup’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.96 EPS. Analysts anticipate that Citigroup Inc. will post 10.49 earnings per share for the current fiscal year.

Citigroup Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Monday, May 4th will be given a $0.60 dividend. The ex-dividend date of this dividend is Monday, May 4th. This represents a $2.40 dividend on an annualized basis and a yield of 1.8%. Citigroup’s dividend payout ratio (DPR) is currently 29.74%.

Insider Transactions at Citigroup

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the stock in a transaction dated 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 sale, the insider owned 45,835 shares of the company’s stock, valued at $5,091,810.15. This trade represents a 48.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.11% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Oppenheimer raised their target price on Citigroup from $132.00 to $144.00 and gave the company an “outperform” rating in a report on Wednesday, April 15th. JPMorgan Chase & Co. lowered their target price on Citigroup from $134.00 to $131.00 and set an “overweight” rating for the company in a report on Tuesday, April 7th. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a report on Monday. Piper Sandler restated an “overweight” rating and set a $145.00 target price (up from $125.00) on shares of Citigroup in a report on Wednesday, April 15th. Finally, Truist Financial raised their target price on Citigroup from $133.00 to $139.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $135.94.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Q1 beat and decade-high revenue: Citigroup reported stronger-than-expected Q1 results (EPS and revenue beat; revenue up ~14% y/y), which underpins the turnaround narrative and supports valuation. Citigroup Q1 Revenues Hit Decade-High Mark
• Positive Sentiment: Analyst upgrade/target lift: RBC Capital raised its price target on Citigroup to $139 (reiterating Outperform) after the strong quarter, giving investor support for further upside. Why Citigroup Inc. (C) is One of the Best Cheap Stocks
• Positive Sentiment: Consumer product partnership: Citi enhanced the AT&T Points Plus card and expanded perks with AT&T, a modest revenue/engagement positive for its card business. AT&T, Citigroup Offers New Savings Perks For Customers
• Neutral Sentiment: Regulatory/transparency filing: Citigroup submitted a participation notification in Belgium showing it crossed a 3% threshold in Solvay — routine regulatory disclosure with limited direct near-term impact on Citi stock. Participation notification by Citigroup Inc.
• Neutral Sentiment: Citi research on oil: Citigroup’s own research warns oil could hit $110 if Strait of Hormuz disruptions persist — a macro view that influences trading desks but is not a direct company operational driver. Citi Sees Oil at $110 If Hormuz Disruption Lasts Another Month
• Neutral Sentiment: Citi research activity elsewhere: The firm trimmed a price target on Eastman Chemical — a reminder Citi’s research flow influences markets but is orthogonal to Citigroup’s stock fundamentals. Eastman Chemical (EMN) Gets a $1 Price Target Cut from Citi
• Negative Sentiment: Geopolitical and market volatility: Headlines about Iran/ceasefire extensions and oil-market swings are creating risk-off moves and commodity-driven volatility that can weigh on banks’ trading revenue and overall market sentiment, contributing to the share decline. Trump extends ceasefire in Iran, citing ‘seriously fractured’ Iranian government

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.