Citigroup Inc. $C is JTC Employer Solutions Trustee Ltd’s 8th Largest Position

JTC Employer Solutions Trustee Ltd lowered its stake in shares of Citigroup Inc. (NYSE:C) by 4.5% in the first quarter, Holdings Channel reports. The institutional investor owned 167,803 shares of the company’s stock after selling 7,980 shares during the quarter. Citigroup accounts for approximately 1.6% of JTC Employer Solutions Trustee Ltd’s portfolio, making the stock its 8th biggest position. JTC Employer Solutions Trustee Ltd’s holdings in Citigroup were worth $19,029,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in C. Vanguard Group Inc. boosted its stake in Citigroup by 3.1% during the 4th quarter. Vanguard Group Inc. now owns 163,239,926 shares of the company’s stock valued at $19,048,467,000 after acquiring an additional 4,938,923 shares during the last quarter. Geode Capital Management LLC grew its holdings in Citigroup by 0.4% during the 4th quarter. Geode Capital Management LLC now owns 43,252,372 shares of the company’s stock worth $5,036,712,000 after acquiring an additional 189,548 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Citigroup by 4.0% in the 4th quarter. Franklin Resources Inc. now owns 34,196,783 shares of the company’s stock worth $3,990,422,000 after purchasing an additional 1,326,224 shares during the last quarter. Fisher Asset Management LLC raised its stake in shares of Citigroup by 2.6% in the 4th quarter. Fisher Asset Management LLC now owns 33,887,285 shares of the company’s stock valued at $3,954,307,000 after purchasing an additional 846,772 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Citigroup in the 4th quarter valued at about $2,800,944,000. Institutional investors own 71.72% of the company’s stock.

Insider Activity

In related news, Director John Cunningham Dugan sold 2,117 shares of the firm’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 value of $265,260.10. Following the sale, the director owned 12,194 shares of the company’s stock, valued at approximately $1,527,908.20. This trade represents a 14.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.11% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Oppenheimer downgraded Citigroup from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 30th. Zacks Research upgraded Citigroup from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Truist Financial reduced their target price on Citigroup from $158.00 to $154.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th. Evercore set a $143.00 target price on Citigroup in a research report on Monday, July 6th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Citigroup in a report on Friday, July 17th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $145.67.

Citigroup Price Performance

Shares of NYSE:C opened at $127.26 on Thursday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. Citigroup Inc. has a fifty-two week low of $87.94 and a fifty-two week high of $147.96. The firm has a 50-day simple moving average of $135.53 and a 200 day simple moving average of $124.03. The company has a market cap of $217.05 billion, a PE ratio of 13.74, a P/E/G ratio of 0.60 and a beta of 1.11.

Citigroup (NYSE:C) last released its quarterly earnings data on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, topping the consensus estimate of $2.74 by $0.41. Citigroup had a net margin of 10.23% and a return on equity of 10.15%. The firm had revenue of $24.75 billion for the quarter, compared to analyst estimates of $23.74 billion. During the same quarter in the prior year, the business earned $1.96 earnings per share. Citigroup’s quarterly revenue was up 14.5% on a year-over-year basis. On average, sell-side analysts anticipate that Citigroup Inc. will post 11.22 EPS for the current year.

Citigroup announced that its board has initiated a share repurchase plan on Thursday, May 7th that authorizes the company to repurchase $30.00 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 13.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Citigroup Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 3rd will be given a dividend of $0.67 per share. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Monday, August 3rd. This is a positive change from Citigroup’s previous quarterly dividend of $0.60. Citigroup’s payout ratio is currently 25.92%.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: New trade-finance platform: Citi launched Citi Consolidate™, an Infor Nexus-powered solution that digitizes invoice approvals, purchase orders and payables for corporate buyers and suppliers in the United States and Canada. The platform could deepen client relationships, improve working-capital services and generate additional fee revenue while strengthening Citi’s technology and risk-control capabilities. Citi Is Now Live With a Trade Digitization Solution Integrating Supply Chain Solutions
• Positive Sentiment: Higher shareholder returns: Citigroup raised its quarterly dividend 11.7% to $0.67 per share after reporting its strongest quarterly revenue in roughly a decade. The increase reinforces the bank’s capital-return story and may improve its appeal to income-focused investors. This High-Yield Bank Stock Just Raised Its Dividend by 11.7%
• Positive Sentiment: Improved earnings outlook: Erste Group Bank raised its Citigroup EPS estimates to $11.18 for fiscal 2026 and $12.80 for fiscal 2027. Citi also recently exceeded quarterly EPS and revenue expectations, with revenue up 14.5% year over year, supporting the case for continued earnings momentum.
• Neutral Sentiment: Fed holds rates, but dissent is hawkish: The Federal Reserve kept rates at 3.50%–3.75%, while three officials favored a hike. Stable rates avoid an immediate disruption to borrowing markets, but the dissent highlights persistent inflation risk and could limit expectations for future rate cuts. Fed Holds Rates, but 3 Hawkish Rebels Demand Hike as Inflation Fight Erupts
• Negative Sentiment: Reputational overhang: A former Citigroup managing director was sentenced to 30 years in prison for sex crimes. The case concerns a former employee rather than current operations, but renewed coverage may create negative reputational sentiment for the company. Ex-Citigroup Managing Director Gets 30 Years for Sex Crimes

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.