Apella Capital LLC Takes $421,000 Position in Citigroup Inc. $C

Apella Capital LLC acquired a new position in Citigroup Inc. (NYSE:C) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 4,378 shares of the company’s stock, valued at approximately $421,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in C. Norges Bank bought a new stake in shares of Citigroup during the 2nd quarter valued at about $2,455,929,000. Amundi increased its position in shares of Citigroup by 78.4% in the first quarter. Amundi now owns 13,713,517 shares of the company’s stock worth $973,523,000 after purchasing an additional 6,026,268 shares during the last quarter. AQR Capital Management LLC raised its stake in Citigroup by 52.8% in the first quarter. AQR Capital Management LLC now owns 6,621,300 shares of the company’s stock valued at $456,737,000 after purchasing an additional 2,286,653 shares in the last quarter. Swedbank AB raised its stake in Citigroup by 14.8% in the second quarter. Swedbank AB now owns 10,906,386 shares of the company’s stock valued at $928,352,000 after purchasing an additional 1,406,624 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its position in Citigroup by 47.4% during the second quarter. Canada Pension Plan Investment Board now owns 4,334,407 shares of the company’s stock valued at $368,945,000 after purchasing an additional 1,393,865 shares during the last quarter. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

Citigroup Price Performance

Shares of NYSE:C opened at $118.05 on Tuesday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.62. The stock has a market cap of $211.22 billion, a PE ratio of 16.58, a PEG ratio of 0.60 and a beta of 1.21. The company’s fifty day moving average is $105.45 and its 200 day moving average is $97.59. Citigroup Inc. has a 52 week low of $55.51 and a 52 week high of $122.84.

Citigroup (NYSE:C) last posted its quarterly earnings results on Tuesday, October 14th. The company reported $2.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.89 by $0.35. Citigroup had a net margin of 8.73% and a return on equity of 7.91%. The business had revenue of $22.09 billion during the quarter, compared to analyst estimates of $20.92 billion. During the same period in the prior year, the business posted $1.51 earnings per share. The company’s revenue was up 9.3% on a year-over-year basis. Research analysts anticipate that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Monday, November 3rd were issued a dividend of $0.60 per share. The ex-dividend date was Monday, November 3rd. This represents a $2.40 annualized dividend and a yield of 2.0%. Citigroup’s dividend payout ratio is currently 33.71%.

Key Stores Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi research remains a market voice on digital assets — Citi analysts’ high-profile Bitcoin forecast (a $143k 12‑month call) keeps the bank visible to institutional crypto flows and highlights potential fee/research upside if institutional crypto adoption accelerates. This can support revenue from markets/research and help long-term sentiment. Citigroup’s $143K Bitcoin Call for 2026—Bull, Base, and Bear Scenarios Explained
• Neutral Sentiment: Broader crypto and fintech trends — industry notes that institutional adoption of crypto is expected to continue in 2026, which is a thematic tailwind for banks that expand custody, trading, or prime-brokerage services. Impact on Citi depends on execution and regulatory clarity. Cantor Fitzgerald Expects Institutional Adoption of Crypto to Continue in 2026
• Neutral Sentiment: Non-core holdings trimmed — Citigroup group entities have ceased being substantial holders in a couple of Australian names, reflecting portfolio/market-making activity rather than company fundamentals. Minimal direct impact on Citi’s stock. Citi Group Entities Cease to Be Substantial Holders in Inghams Group Citigroup Entities Exit Substantial Holder Position in IPH Ltd
• Negative Sentiment: Confirmed sale of AO Citibank in Russia — Citigroup’s board approved selling its remaining Russian unit to Renaissance Capital and said the deal will produce a roughly $1.2 billion pre‑tax loss in the current quarter. That creates an immediate earnings hit, pressures quarterly EPS, and is the principal reason for today’s weaker share price. Citigroup board approves sale of Russia unit AO Citibank, flags $1.2 billion loss
• Negative Sentiment: Media confirmation and impact framing — The Wall Street Journal corroborates the sale and the ~ $1.2B pretax charge in Q4, reinforcing investor focus on the near‑term hit to reported earnings and capital metrics. Citigroup to Sell Remaining Business Operating in Russia
• Negative Sentiment: Relative underperformance — Market commentary notes Citigroup shares are underperforming competitors today, amplifying selling pressure and suggesting investors are rotating away from Citi into other banks or financials perceived to have cleaner near‑term earnings outlooks. Citigroup Inc. stock underperforms Monday when compared to competitors

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on C shares. Zacks Research lowered shares of Citigroup from a “strong-buy” rating to a “hold” rating in a report on Monday, September 15th. UBS Group reiterated a “neutral” rating and issued a $108.00 target price on shares of Citigroup in a research report on Monday, November 24th. Bank of America increased their target price on Citigroup from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, October 15th. Piper Sandler set a $118.00 price target on Citigroup in a research note on Wednesday, December 10th. Finally, Wells Fargo & Company upped their price objective on Citigroup from $115.00 to $125.00 and gave the stock an “overweight” rating in a report on Tuesday, September 16th. Thirteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Citigroup has a consensus rating of “Moderate Buy” and a consensus price target of $114.50.

Citigroup 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.