Ruffer LLP Cuts Stock Holdings in Citigroup Inc. $C

Ruffer LLP decreased its holdings in Citigroup Inc. (NYSE:C) by 97.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,970 shares of the company’s stock after selling 927,682 shares during the quarter. Ruffer LLP’s holdings in Citigroup were worth $2,128,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of C. FMB Wealth Management raised its position in Citigroup by 4.1% during the third quarter. FMB Wealth Management now owns 2,618 shares of the company’s stock worth $266,000 after acquiring an additional 103 shares during the last quarter. Tritonpoint Wealth LLC grew its position in Citigroup by 2.1% during the third quarter. Tritonpoint Wealth LLC now owns 4,989 shares of the company’s stock valued at $506,000 after acquiring an additional 104 shares during the period. Onyx Bridge Wealth Group LLC lifted its stake in shares of Citigroup by 3.6% in the 2nd quarter. Onyx Bridge Wealth Group LLC now owns 3,117 shares of the company’s stock valued at $265,000 after purchasing an additional 109 shares in the last quarter. Highline Wealth Partners LLC increased its position in 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 purchasing an additional 109 shares in the last quarter. Finally, Fullcircle Wealth LLC raised its holdings in Citigroup by 0.9% in the second quarter. Fullcircle Wealth LLC now owns 13,097 shares of the company’s stock valued at $1,206,000 after buying an additional 111 shares during the period. 71.72% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Planned layoffs and cost reductions: Citigroup is moving forward with more layoffs in March as part of a broader 20,000?job reduction through 2026 under CEO Jane Fraser’s restructuring. Investors view the cuts as a path to lower expenses and support for the bank’s dividend and margins. More Layoffs Are Coming at Citigroup in March
• Positive Sentiment: Drop in short interest reduces near?term downside pressure: Short interest in C fell about 12.7% in January, lowering the risk of short?squeeze volatility and removing a source of selling pressure. (internal report)
• Positive Sentiment: AI upskilling program aims to improve productivity: CEO Jane Fraser said Citigroup is training roughly 175,000 employees to adapt to AI-driven role changes — a signal investors interpret as management investment in efficiency and digital transformation. Citigroup CEO AI training story
• Neutral Sentiment: Participation notifications / filings: Citigroup released participation notifications (regulatory/ownership filings) in Brussels — routine disclosures that add transparency but are not an immediate earnings driver. Participation notifications by Citigroup Inc.
• Neutral Sentiment: Fed holds rates steady: The Fed’s decision to pause rate moves keeps the macro backdrop stable for banks; it limits headline uncertainty but keeps NIM (net interest margin) expectations unchanged for now. Fed holds rates steady
• Negative Sentiment: Legal and reputational risks: A former Citigroup managing director pleaded guilty in a serious criminal case, which is a reputational negative for the firm and could invite regulatory or cultural scrutiny. Ex-Citi managing director pleads guilty
• Negative Sentiment: Harassment lawsuit dispute remains an overhang: Citigroup has rejected harassment claims against a top executive and is pushing to move the matter to arbitration — the company’s defense may limit immediate financial impact, but unresolved legal exposure and governance questions could weigh on sentiment. Citigroup rejects harassment claims

Wall Street Analysts Forecast Growth

C has been the topic of several research reports. Truist Financial raised their price objective on Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a research report on Tuesday, January 6th. Piper Sandler set a $135.00 target price on shares of Citigroup in a research report on Thursday, January 15th. Oppenheimer raised their price target on shares of Citigroup from $141.00 to $144.00 and gave the company an “outperform” rating in a report on Thursday, January 15th. The Goldman Sachs Group raised their target price on Citigroup from $113.00 to $127.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Finally, Keefe, Bruyette & Woods boosted their price target on Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $125.56.

Citigroup Trading Down 0.5%

NYSE:C opened at $114.25 on Thursday. The company has a market cap of $204.42 billion, a PE ratio of 16.39, a P/E/G ratio of 0.73 and a beta of 1.18. The business’s 50 day moving average is $112.98 and its two-hundred day moving average is $102.72. The company has a quick ratio of 0.99, 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 $124.17.

Citigroup (NYSE:C) last posted its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, beating 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 business had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. During the same period in the prior year, the company posted $1.34 EPS. The business’s revenue was up 2.1% compared to the same quarter last year. On average, analysts predict that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 2nd will be given a dividend of $0.60 per share. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend is Monday, February 2nd. Citigroup’s dividend payout ratio is currently 34.43%.

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.