3,813 Shares in Citigroup Inc. $C Purchased by XML Financial LLC

XML Financial LLC purchased a new position in Citigroup Inc. (NYSE:C) during the 4th quarter, HoldingsChannel.com reports. The fund purchased 3,813 shares of the company’s stock, valued at approximately $445,000.

Several other institutional investors have also modified their holdings of C. Norges Bank acquired a new position in shares of Citigroup in the fourth quarter worth about $2,800,944,000. Vanguard Group Inc. lifted its stake in shares of Citigroup by 3.1% in the fourth quarter. Vanguard Group Inc. now owns 163,239,926 shares of the company’s stock worth $19,048,467,000 after acquiring an additional 4,938,923 shares in the last quarter. Capital World Investors lifted its stake in shares of Citigroup by 6.5% in the third quarter. Capital World Investors now owns 47,262,626 shares of the company’s stock worth $4,797,292,000 after acquiring an additional 2,871,074 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new position in shares of Citigroup in the fourth quarter worth about $298,082,000. Finally, SG Americas Securities LLC raised its stake in Citigroup by 291.4% during the fourth quarter. SG Americas Securities LLC now owns 1,319,549 shares of the company’s stock valued at $153,978,000 after buying an additional 2,008,946 shares in the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup strategists raised their year-end S&P 500 target to 8,100, saying strong earnings growth and continued AI-related spending are outweighing macroeconomic risks. That signals confidence in the broader market backdrop and Citi’s view that equities still have room to run. The Stock Market Just Got Crushed. Why Citi Is Raising Its S&P 500 Target.
• Positive Sentiment: Citigroup also highlighted an improving earnings outlook for its core banking business, saying it expects 5% to 6% year-over-year net interest income growth in 2026 as loan demand rises and deposit costs stabilize. That supports the case for stronger profitability ahead. Citigroup’s Path to 5-6% NII Rise in 2026: What’s Driving the Upside?
• Positive Sentiment: The bank is participating in a tokenized deposit network with other major lenders, a move that could help Citi compete in faster, blockchain-based payments as stablecoin adoption grows. Big Banks Eye Tokenized Deposits as Stablecoin Competition Heats Up
• Neutral Sentiment: Citigroup appointed Mehta as head of portfolio management in its Treasury unit, a routine leadership move that appears aimed at strengthening internal risk and liquidity oversight rather than signaling a major strategic shift. Mehta Joins Citigroup’s Treasury as Head of Portfolio Management
• Neutral Sentiment: Citigroup announced the full redemption of $3.15 billion in 2027-dated notes, which reduces outstanding debt but is mainly a normal capital-structure management action. Citigroup (C) Announces Full Redemption of $3.15B in Notes Due 2027
• Neutral Sentiment: Citigroup’s market commentary also reflected a more constructive stance on AI-driven equity spending and resilience in earnings, which is supportive for sentiment but not a direct operating update for the company itself. The Stock Market Just Got Crushed. Why Citi Is Raising Its S&P 500 Target.

Citigroup Stock Up 0.7%

C opened at $133.34 on Tuesday. Citigroup Inc. has a 12 month low of $76.11 and a 12 month high of $135.82. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a market cap of $227.42 billion, a P/E ratio of 16.52, a P/E/G ratio of 0.59 and a beta of 1.12. The stock’s 50 day moving average price is $125.29 and its 200 day moving average price is $117.13.

Citigroup (NYSE:C) last posted its earnings results on Tuesday, April 14th. The company reported $3.06 EPS for the quarter, beating the consensus estimate of $2.63 by $0.43. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The firm had revenue of $24.63 billion for the quarter, compared to analysts’ expectations of $22.96 billion. During the same period last year, the firm earned $1.96 EPS. The firm’s revenue was up 14.1% compared to the same quarter last year. As a group, research analysts predict that Citigroup Inc. will post 10.68 earnings per share for the current year.

Citigroup Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 4th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a yield of 1.8%. The ex-dividend date was Monday, May 4th. Citigroup’s dividend payout ratio (DPR) is currently 29.74%.

Citigroup announced that its board has approved a stock repurchase plan on Thursday, May 7th that allows the company to repurchase $30.00 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 13.7% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on C shares. Keefe, Bruyette & Woods upped their price objective on Citigroup from $140.00 to $153.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Morgan Stanley upped their price objective on Citigroup from $140.00 to $144.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. Barclays upped their price objective on Citigroup from $146.00 to $154.00 and gave the company an “overweight” rating in a research note on Wednesday, April 15th. Piper Sandler restated an “overweight” rating and set a $145.00 price objective (up from $125.00) on shares of Citigroup in a research note on Wednesday, April 15th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $139.00 price objective on shares of Citigroup in a research note on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $137.62.

Insider Activity at Citigroup

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

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.