Y Intercept Hong Kong Ltd Increases Holdings in Citigroup Inc. $C

Y Intercept Hong Kong Ltd lifted its holdings in Citigroup Inc. (NYSE:C) by 2,809.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 120,679 shares of the company’s stock after acquiring an additional 116,531 shares during the period. Y Intercept Hong Kong Ltd’s holdings in Citigroup were worth $13,686,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mcguire Capital Advisors Inc. bought a new stake in shares of Citigroup in the 4th quarter valued at approximately $25,000. Richards Merrill & Peterson Inc. purchased a new stake in Citigroup during the 4th quarter valued at $28,000. TD Capital Management LLC purchased a new position in Citigroup during the fourth quarter worth $28,000. Luken Investment Analytics LLC purchased a new stake in shares of Citigroup in the fourth quarter valued at $32,000. Finally, High Note Wealth LLC raised its stake in shares of Citigroup by 107.7% in the fourth quarter. High Note Wealth LLC now owns 270 shares of the company’s stock valued at $32,000 after acquiring an additional 140 shares during the period. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the stock. Evercore set a $139.00 price target on shares of Citigroup in a research note on Wednesday, April 15th. Morgan Stanley increased their price objective on shares of Citigroup from $154.00 to $164.00 and gave the stock an “overweight” rating in a research report on Monday. Royal Bank Of Canada reissued an “outperform” rating and issued a $139.00 price objective on shares of Citigroup in a research note on Wednesday, April 15th. Jefferies Financial Group began coverage on Citigroup in a research report on Thursday, March 26th. They set a “buy” rating and a $135.00 target price for the company. Finally, Wall Street Zen raised Citigroup from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $139.62.

Citigroup Stock Down 0.1%

NYSE:C opened at $139.93 on Friday. The company has a market cap of $238.67 billion, a price-to-earnings ratio of 17.34, a price-to-earnings-growth ratio of 0.60 and a beta of 1.11. Citigroup Inc. has a twelve month low of $85.48 and a twelve month high of $147.96. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.59. The stock has a fifty day simple moving average of $132.28 and a 200-day simple moving average of $121.75.

Citigroup (NYSE:C) last posted its quarterly earnings results on Tuesday, April 14th. The company reported $3.06 EPS for the quarter, topping analysts’ consensus estimates of $2.63 by $0.43. The firm had revenue of $24.63 billion for the quarter, compared to analysts’ expectations of $22.96 billion. Citigroup had a net margin of 9.35% and a return on equity of 9.19%. The business’s revenue for the quarter was up 14.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.96 earnings per share. Analysts anticipate that Citigroup Inc. will post 10.83 EPS for the current year.

Citigroup declared that its board has approved a stock buyback program on Thursday, May 7th that authorizes the company to repurchase $30.00 billion in shares. This repurchase authorization authorizes the company to repurchase up to 13.7% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its stock is undervalued.

Insider Activity at Citigroup

In related news, insider Edward Skyler sold 25,000 shares of Citigroup stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $131.41, for a total transaction of $3,285,250.00. Following the transaction, the insider directly owned 182,022 shares of the company’s stock, valued at $23,919,511.02. This trade represents a 12.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director John Cunningham Dugan sold 2,117 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $125.30, for a total transaction of $265,260.10. Following the completion of the transaction, the director directly owned 12,194 shares of the company’s stock, valued at $1,527,908.20. This trade represents a 14.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.11% of the stock is currently owned by corporate insiders.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup and other major banks passed the Fed’s 2026 stress tests, clearing the way for dividend increases and reinforcing confidence in the bank’s capital strength.
• Positive Sentiment: Analysts continue to expect Citi to post solid results, with recent reports highlighting its strong earnings-surprise history ahead of the next quarterly release.
• Positive Sentiment: Erste Group raised its FY2027 earnings estimate for Citigroup, suggesting improving profit expectations over the medium term.
• Neutral Sentiment: Citibank announced the redemption of $2.5 billion in notes due in 2026, a routine capital-management move that should be viewed as neutral for the shares.
• Negative Sentiment: Citi’s reduced bitcoin and ether targets may dampen sentiment toward its research calls in the digital-assets space, potentially creating a modest headwind for investor perception.

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.