Citigroup Inc. $C Position Trimmed by National Pension Service

National Pension Service decreased its holdings in Citigroup Inc. (NYSE:C) by 2.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,959,126 shares of the company’s stock after selling 91,981 shares during the period. National Pension Service owned about 0.23% of Citigroup worth $554,119,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in C. Compass Financial Management LLC acquired a new stake in Citigroup during the second quarter valued at $898,000. UniSuper Management Pty Ltd raised its stake in shares of Citigroup by 38.8% during the 4th quarter. UniSuper Management Pty Ltd now owns 1,306,851 shares of the company’s stock worth $152,496,000 after purchasing an additional 365,041 shares in the last quarter. Brighton Jones LLC lifted its holdings in shares of Citigroup by 166.9% during the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock valued at $1,407,000 after buying an additional 12,499 shares during the last quarter. Allstate Corp grew its stake in shares of Citigroup by 110.4% in the 4th quarter. Allstate Corp now owns 140,596 shares of the company’s stock valued at $16,406,000 after buying an additional 73,758 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in Citigroup by 6.5% in the fourth quarter. PNC Financial Services Group Inc. now owns 444,002 shares of the company’s stock worth $51,811,000 after buying an additional 27,130 shares during the last quarter. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Private-bank expansion: Citi Private Bank hired Teresa Radzinski from Bank of America to strengthen relationships with ultra-high-net-worth clients. The move could support growth in deposits, lending and wealth-management fees. Citi Private Bank hires Radzinski from Bank of America
• Positive Sentiment: Tokenized deposits: Citi plans to introduce a tokenized-deposit service for Japanese businesses, extending its blockchain-based payments capabilities into a major corporate market. The initiative could create new transaction revenue and improve payment efficiency, although commercial benefits may take time to develop. Citi plans to bring tokenized deposit service to Japanese businesses
• Positive Sentiment: Cross-border payments milestone: Citi and DBS completed a live Singapore-to-U.S. dollar payment using tokenized bank deposits and SWIFT’s blockchain-based Digital Ledger. The transaction reinforces Citi’s positioning in faster, around-the-clock institutional payments. DBS and Citi bring 24/7 tokenized dollar payments to SWIFT’s blockchain ledger
• Positive Sentiment: Bullish investment view: A Wall Street-focused analysis highlighted Citi’s restructuring progress and argued that the stock’s valuation has not fully reflected the improvement. Such commentary may reinforce investor confidence in management’s turnaround strategy. Citigroup’s restructuring is working, and valuation has not caught up
• Neutral Sentiment: Citi hosted presentations from biotechnology companies at its 2026 Biopharma Back to School Summit. The event supports Citi’s investment-banking and research franchise but is unlikely to materially affect near-term earnings. Seaport Therapeutics presents at Citi’s Biopharma Back to School Summit

Citigroup Trading Up 0.9%

Shares of NYSE:C opened at $137.91 on Thursday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 0.99. The stock’s 50-day moving average is $135.05 and its 200-day moving average is $128.02. The company has a market cap of $235.21 billion, a P/E ratio of 14.89, a P/E/G ratio of 0.62 and a beta of 1.12. Citigroup Inc. has a 52-week low of $93.66 and a 52-week high of $147.96.

Citigroup (NYSE:C) last released its earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.74 by $0.41. The firm had revenue of $24.77 billion for the quarter, compared to analyst estimates of $23.74 billion. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The company’s revenue was up 14.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.96 EPS. Equities research analysts predict that Citigroup Inc. will post 11.21 earnings per share for the current year.

Citigroup Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 3rd were given a $0.67 dividend. This represents a $2.68 annualized dividend and a yield of 1.9%. This is an increase from Citigroup’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend was Monday, August 3rd. Citigroup’s dividend payout ratio (DPR) is 28.94%.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on C shares. Morgan Stanley lifted their target price on shares of Citigroup from $154.00 to $164.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. UBS Group cut their price target on shares of Citigroup from $150.00 to $142.00 and set a “neutral” rating on the stock in a report on Monday, August 3rd. Zacks Research raised shares of Citigroup from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Truist Financial decreased their price objective on shares of Citigroup from $158.00 to $154.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Finally, Oppenheimer lowered Citigroup from an “outperform” rating to a “market perform” rating in a report on Tuesday, June 30th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Citigroup currently has a consensus rating of “Moderate Buy” and an average target price of $145.22.

About Citigroup

Citigroup Inc (NYSE:C) is a global financial services company headquartered in New York City. Through its businesses, Citi provides banking, lending, credit card, wealth management, investment banking, securities, markets and treasury services to individuals, businesses, financial institutions and governments.

The company’s operations include U.S. Personal Banking, which offers consumer banking, credit cards and lending products; Wealth Management, which serves affluent and high-net-worth clients; and its Institutional Clients Group, which provides investment banking, corporate banking, markets, securities services and transaction banking.