Citigroup Inc. $C Shares Acquired by Annis Gardner Whiting Capital Advisors LLC

Annis Gardner Whiting Capital Advisors LLC lifted its position in Citigroup Inc. (NYSE:C) by 124.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,977 shares of the company’s stock after purchasing an additional 14,955 shares during the quarter. Citigroup comprises 0.6% of Annis Gardner Whiting Capital Advisors LLC’s holdings, making the stock its 26th largest position. Annis Gardner Whiting Capital Advisors LLC’s holdings in Citigroup were worth $2,738,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Norges Bank purchased a new position in Citigroup during the 2nd quarter worth approximately $2,455,929,000. Bank of New York Mellon Corp increased its stake in shares of Citigroup by 17.6% in the third quarter. Bank of New York Mellon Corp now owns 28,125,995 shares of the company’s stock worth $2,854,788,000 after acquiring an additional 4,211,099 shares during the period. Canada Pension Plan Investment Board raised its holdings in shares of Citigroup by 47.4% during the second quarter. Canada Pension Plan Investment Board now owns 4,334,407 shares of the company’s stock worth $368,945,000 after purchasing an additional 1,393,865 shares during the last quarter. Natixis lifted its position in Citigroup by 382.7% during the second quarter. Natixis now owns 1,523,782 shares of the company’s stock valued at $129,704,000 after purchasing an additional 1,208,089 shares during the period. Finally, Robeco Institutional Asset Management B.V. boosted its holdings in Citigroup by 63.3% in the second quarter. Robeco Institutional Asset Management B.V. now owns 3,085,496 shares of the company’s stock valued at $262,637,000 after purchasing an additional 1,195,950 shares during the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Reduced short interest — Short interest fell about 12.7% in January (to ~25.2M shares), which reduces one source of downside pressure and the risk of short-squeeze-driven volatility.
• Positive Sentiment: Workforce upskilling for AI — CEO Jane Fraser says Citigroup is training roughly 175,000 employees to adapt to AI-driven role changes; that signals management is investing in productivity and talent retention rather than only cutting staff. Citigroup CEO Jane Fraser says 175,000 employees are being trained
• Neutral Sentiment: Fed decision / macro backdrop — The Fed held rates steady amid sticky inflation and a tight jobs market; higher-for-longer rates are a mixed signal for banks (support for net interest margins but greater risk of market volatility). US Federal Reserve holds rates steady amid sticky inflation, resilient jobs market
• Neutral Sentiment: Participation/filings disclosure — Citigroup posted participation notifications (shareholding/regulated disclosure) today; routine but worth monitoring for large insider or investor moves. Participation notifications by Citigroup Inc.
• Negative Sentiment: Planned layoffs — Citigroup is moving ahead with a March round of cuts as part of a 20,000-job reduction through 2026; that helps cuts costs but signals near-term disruption and execution risk around the bank’s multi‑year overhaul. More Layoffs Are Coming at Citigroup in March
• Negative Sentiment: Legal & reputational risks — A former managing director has sued Citigroup alleging mishandled sexual‑harassment claims; the bank is pushing to move the case to arbitration. Ongoing litigation and management‑level allegations can trap management attention and create headline risk. Citigroup rejects harassment claims against top executive, seeks to move case into arbitration
• Negative Sentiment: Criminal conviction of ex-executive — A former Citigroup managing director pleaded guilty in a serious criminal case, adding reputational risk and potential regulatory scrutiny. Ex-Citi Managing Director Pleads Guilty
• Negative Sentiment: Volatility risk from rising rates — Citigroup warned about the potential for a market “volatility event” tied to rising rates, which could hurt trading revenue and create mark-to-market losses in certain businesses. Citigroup is worried about a ‘volatility event’ triggered by rising rates

Citigroup Price Performance

Shares of NYSE C opened at $114.25 on Thursday. The company has a debt-to-equity ratio of 1.63, a quick ratio of 0.99 and a current ratio of 1.00. The firm has a fifty day moving average of $112.98 and a 200 day moving average of $102.72. The firm has a market cap of $204.42 billion, a PE ratio of 16.39, a PEG ratio of 0.73 and a beta of 1.18. Citigroup Inc. has a one year low of $55.51 and a one year high of $124.17.

Citigroup (NYSE:C) last announced its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.16. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The business had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. During the same quarter last year, the business earned $1.34 earnings per share. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. As a group, research analysts predict that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 2nd will be issued a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.1%. Citigroup’s dividend payout ratio is presently 34.43%.

Analysts Set New Price Targets

C has been the topic of several analyst reports. Zacks Research raised Citigroup from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. JPMorgan Chase & Co. upgraded Citigroup from a “neutral” rating to an “overweight” rating and lifted their price target for the company from $107.00 to $124.00 in a research report on Friday, December 12th. Piper Sandler set a $135.00 price target on Citigroup in a report on Thursday, January 15th. Barclays raised their price objective on shares of Citigroup from $115.00 to $146.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. Finally, Truist Financial boosted their target price on shares of Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Citigroup has a consensus rating of “Moderate Buy” and a consensus target price of $125.56.

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.