Teacher Retirement System of Texas Grows Stock Position in Citigroup Inc. $C

Teacher Retirement System of Texas grew its holdings in shares of Citigroup Inc. (NYSE:C) by 11.4% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 622,054 shares of the company’s stock after purchasing an additional 63,592 shares during the quarter. Teacher Retirement System of Texas’ holdings in Citigroup were worth $72,587,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wolff Wiese Magana LLC increased its position in shares of Citigroup by 87.6% during the 3rd quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock valued at $26,000 after purchasing an additional 120 shares during the last quarter. Richards Merrill & Peterson Inc. purchased a new stake in shares of Citigroup during the 4th quarter valued at about $28,000. Dunhill Financial LLC increased its holdings in Citigroup by 92.2% in the 3rd quarter. Dunhill Financial LLC now owns 319 shares of the company’s stock worth $32,000 after acquiring an additional 153 shares in the last quarter. Guerra Advisors Inc purchased a new stake in Citigroup in the 3rd quarter worth approximately $33,000. Finally, MH & Associates Securities Management Corp ADV purchased a new stake in Citigroup in the 4th quarter worth approximately $35,000. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup Stock Down 1.6%

Shares of C opened at $129.59 on Thursday. The company has a market cap of $222.23 billion, a PE ratio of 16.06, a P/E/G ratio of 0.59 and a beta of 1.11. The business has a fifty day moving average of $115.19 and a 200 day moving average of $110.94. Citigroup Inc. has a 52-week low of $65.78 and a 52-week high of $135.29. The company has a quick ratio of 1.00, a current ratio of 0.99 and a debt-to-equity ratio of 1.59.

Citigroup (NYSE:C) last issued its quarterly earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $0.43. The company had revenue of $24.63 billion during the quarter, compared to the consensus estimate of $22.96 billion. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.Citigroup’s revenue was up 14.1% on a year-over-year basis. During the same period last year, the company earned $1.96 earnings per share. On average, sell-side analysts expect that Citigroup Inc. will post 10.62 EPS for the current year.

Citigroup Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Monday, May 4th will be paid a $0.60 dividend. The ex-dividend date is Monday, May 4th. This represents a $2.40 dividend on an annualized basis and a yield of 1.9%. Citigroup’s dividend payout ratio (DPR) is presently 29.74%.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi reported decade?high Q1 revenues and earnings that beat expectations, supporting the view that the turnaround under management is gaining momentum — a fundamental positive for the stock. Citigroup Q1 Revenues Hit Decade-High
• Positive Sentiment: Citi is launching an AI avatar called “Sky” aimed at boosting advisor productivity and attracting wealth clients — this is a strategic growth push in wealth management that could improve fee revenue over time. Citi Is Launching an AI Avatar Named Sky
• Positive Sentiment: Macro/sector support: DSP Mutual Fund says the BFSI sector looks attractive on recovering capital markets and healthy credit growth — a favorable backdrop for Citi and large banks. BFSI sector looks attractive across the board
• Neutral Sentiment: Citi announced offers to purchase three series of outstanding Citigroup notes (a targeted debt tender using a “waterfall” acceptance); this alters the liability mix and is credit?management activity investors should watch but is not an immediate earnings driver. Citi Announces Offers to Purchase Three Series of Outstanding Citigroup Inc. Notes
• Neutral Sentiment: Participation notification: Citigroup filed a transparency notice showing it crossed a 3% threshold in Solvay voting rights — a regulatory disclosure that’s unlikely to move the stock by itself but worth noting for shareholding context. Participation notification by Citigroup Inc.
• Neutral Sentiment: Consumer partnership update: AT&T and Citi rolled out enhanced savings/perks on a co?branded card — a modest positive for customer engagement and card volumes, but not a material near?term earnings catalyst. AT&T, Citigroup Offers New Savings Perks For Customers
• Negative Sentiment: Insider selling: Edward Skyler sold 25,000 shares (~$3.29M at the disclosed price) and reduced his position ~12%; insider sales can pressure sentiment even when not unusual — investors watch for whether sales are routine liquidity or signal concern. SEC Filing: Insider Sale by Edward Skyler
• Negative Sentiment: Geopolitical uncertainty (Iran conflict/ceasefire developments) remains a market risk that can weigh on bank trading revenues and risk appetite; headlines about extended ceasefire and continuing blockade keep volatility elevated. Trump extends ceasefire in Iran

Insiders Place Their Bets

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of the stock in a transaction on 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 in the company, valued at $5,091,810.15. This trade represents a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Edward Skyler sold 25,000 shares of the stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $131.41, for a total value of $3,285,250.00. Following the completion of the sale, the insider owned 182,022 shares in the company, valued at approximately $23,919,511.02. The trade was a 12.08% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 92,318 shares of company stock worth $10,764,814. Insiders own 0.11% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently issued reports on C. Truist Financial increased their target price on shares of Citigroup from $133.00 to $139.00 and gave the stock a “buy” rating in a report on Wednesday, April 15th. Royal Bank Of Canada reissued an “outperform” rating and issued a $139.00 target price on shares of Citigroup in a report on Wednesday, April 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Citigroup in a report on Monday. TD Cowen reaffirmed a “hold” rating on shares of Citigroup in a report on Wednesday, January 7th. Finally, Barclays increased their price objective on shares of Citigroup from $146.00 to $154.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Citigroup has an average rating of “Moderate Buy” and a consensus 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.