Citigroup Inc. $C Stock Position Reduced by Andra AP fonden

Andra AP fonden lowered its stake in shares of Citigroup Inc. (NYSE:C) by 21.3% in the first quarter, HoldingsChannel reports. The institutional investor owned 224,500 shares of the company’s stock after selling 60,900 shares during the period. Andra AP fonden’s holdings in Citigroup were worth $25,461,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of C. Truist Financial Corp lifted its holdings in shares of Citigroup by 4.7% in the 4th quarter. Truist Financial Corp now owns 375,977 shares of the company’s stock worth $43,873,000 after acquiring an additional 16,744 shares during the last quarter. Gunderson Capital Management Inc. bought a new stake in Citigroup in the fourth quarter worth about $7,165,000. Brighton Jones LLC grew its stake in shares of Citigroup by 166.9% during the fourth 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. UniSuper Management Pty Ltd lifted 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 acquiring an additional 365,041 shares during the last quarter. Finally, Merit Financial Group LLC grew its position in Citigroup by 15.6% in the 4th quarter. Merit Financial Group LLC now owns 96,453 shares of the company’s stock valued at $11,255,000 after acquiring an additional 13,046 shares during the last quarter. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

Citigroup Trading Down 0.5%

Shares of NYSE:C opened at $128.73 on Tuesday. The company has a market capitalization of $219.56 billion, a PE ratio of 13.90, a P/E/G ratio of 0.59 and a beta of 1.11. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. Citigroup Inc. has a 12-month low of $87.94 and a 12-month high of $147.96. The business’s fifty day simple moving average is $134.40 and its 200-day simple moving average is $123.45.

Citigroup (NYSE:C) last posted its quarterly earnings data on Tuesday, July 14th. The company reported $3.15 EPS for the quarter, topping the consensus estimate of $2.74 by $0.41. The firm had revenue of $24.75 billion during the quarter, compared to analyst estimates of $23.74 billion. Citigroup had a net margin of 10.23% and a return on equity of 10.15%. Citigroup’s revenue was up 14.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.96 EPS. As a group, equities research analysts predict that Citigroup Inc. will post 11.15 earnings per share for the current fiscal year.

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

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup was highlighted by Zacks as a “Bull of the Day” after its strong second-quarter results, rising earnings estimates, and still-reasonable valuation reinforced the case for the stock. Citigroup and J&J Snack have been highlighted as Zacks Bull and Bear of the Day
• Positive Sentiment: Analysts continued to raise estimates for Citigroup, including an FY2026 EPS increase from Erste Group Bank, which supports the view that earnings momentum remains constructive. Citigroup FY2026 EPS Estimate Increased by Erste Group Bank
• Positive Sentiment: Citi’s own research said the bank can reach its medium-term ROTCE target by expanding higher-return businesses, cutting costs, and deploying capital more efficiently, a reminder of management’s profitability roadmap. How Does Citigroup Plan to Achieve Its Medium-Term ROTCE Target?
• Neutral Sentiment: Citigroup is leading a bank group arranging a $1.5 billion leveraged loan for Veritas Capital’s BGIS acquisition, which shows continued deal activity but is unlikely to materially move the stock on its own. Citigroup-Led Bank Group Plans Debt Deal for Veritas’ BGIS Buy
• Neutral Sentiment: Citi also drew attention for a market strategy note saying the “Magnificent Seven” no longer fully explains the AI trade, reflecting broader Street positioning rather than a direct bank-specific catalyst. No one talks about FAANG anymore. Now, it’s time to retire Magnificent Seven as well, Citigroup argues
• Negative Sentiment: Citigroup’s stock was noted as the lone major U.S. bank trading below its 50-day moving average, a technical signal that may reinforce short-term caution. Citigroup lone major US bank below 50-day moving average
• Negative Sentiment: Broader risk sentiment worsened after news that the Trump administration plans 50% tariffs on some Canadian goods, which could raise trade-war concerns and weigh on financial stocks. US Sets 50% Tariff on Some Canadian Goods Over Retaliation Claim
• Negative Sentiment: Citigroup also downgraded South Korea to neutral amid AI-chip volatility, underscoring a more cautious tone around parts of the global growth and tech cycle. Global Market: Citi downgrades South Korea to neutral as AI chip volatility mounts

Wall Street Analysts Forecast Growth

C has been the subject of several research analyst reports. Wells Fargo & Company lifted their target price on Citigroup from $162.00 to $165.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. Jefferies Financial Group assumed coverage on shares of Citigroup in a research note on Thursday, March 26th. They issued a “buy” rating and a $135.00 price target on the stock. Truist Financial lowered their price objective on shares of Citigroup from $158.00 to $154.00 and set a “buy” rating for the company in a research report on Wednesday, July 15th. Piper Sandler reaffirmed an “overweight” rating and set a $145.00 target price (up from $125.00) on shares of Citigroup in a research report on Wednesday, April 15th. Finally, Wall Street Zen raised shares of Citigroup from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Citigroup currently has a consensus rating of “Moderate Buy” and a consensus price target of $145.67.

Insider Buying and Selling at Citigroup

In related news, Director John Cunningham Dugan sold 2,117 shares of Citigroup stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $125.30, for a total transaction of $265,260.10. Following the completion of the sale, the director owned 12,194 shares of the company’s stock, valued at $1,527,908.20. The trade was a 14.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.11% of the company’s stock.

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.