EFG Asset Management North America Corp. Takes $1.19 Million Position in Citigroup Inc. $C

EFG Asset Management North America Corp. purchased a new position in Citigroup Inc. (NYSE:C) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 11,684 shares of the company’s stock, valued at approximately $1,186,000.

Other large investors also recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Citigroup during the second quarter valued at approximately $2,455,929,000. Canada Pension Plan Investment Board increased its holdings in Citigroup by 47.4% during the 2nd 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 period. Natixis raised its position in Citigroup by 382.7% during the 2nd 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 in the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Citigroup by 63.3% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 3,085,496 shares of the company’s stock worth $262,637,000 after buying an additional 1,195,950 shares during the period. Finally, Vanguard Group Inc. grew its position in shares of Citigroup by 0.7% during the 2nd quarter. Vanguard Group Inc. now owns 165,851,890 shares of the company’s stock worth $14,117,313,000 after buying an additional 1,148,451 shares in the last quarter. 71.72% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

C has been the subject of several recent research reports. Oppenheimer lifted their price objective on Citigroup from $141.00 to $144.00 and gave the company an “outperform” rating in a report on Thursday, January 15th. Keefe, Bruyette & Woods raised their target price on shares of Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a research report on Wednesday, December 17th. Wolfe Research reaffirmed an “outperform” rating and issued a $141.00 price target on shares of Citigroup in a research report on Wednesday, January 7th. The Goldman Sachs Group lifted their price objective on shares of Citigroup from $113.00 to $127.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Finally, Zacks Research upgraded Citigroup from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Citigroup currently has a consensus rating of “Moderate Buy” and a consensus target price of $125.56.

Citigroup Trading Down 0.0%

NYSE C opened at $114.77 on Wednesday. Citigroup Inc. has a 52 week low of $55.51 and a 52 week high of $124.17. The company has a 50 day moving average price of $112.70 and a 200 day moving average price of $102.64. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 1.63. The firm has a market cap of $205.35 billion, a PE ratio of 16.47, a price-to-earnings-growth ratio of 0.73 and a beta of 1.18.

Citigroup (NYSE:C) last released its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, topping 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 period in the previous year, the company earned $1.34 earnings per share. The business’s revenue for the quarter was up 2.1% on a year-over-year basis. As a group, sell-side analysts forecast that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 2nd will be paid a $0.60 dividend. The ex-dividend date is Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.1%. Citigroup’s dividend payout ratio (DPR) is 34.43%.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: CEO Jane Fraser says ~175,000 employees are being trained on AI to “reinvent themselves,” a large-scale upskilling push that could improve long‑term productivity, lower operating costs and support digital transformation across wealth, consumer and institutional businesses. Fortune: Citigroup CEO says 175,000 employees are being trained with AI
• Positive Sentiment: Citigroup joins peers in boosting investment banker bonuses (reported alongside UBS and Morgan Stanley), supporting front‑office retention and deal execution capacity — positive for fee‑revenue generation even if near‑term compensation costs tick up. MSN: UBS, Citigroup, Morgan Stanley boost bonuses
• Neutral Sentiment: Broader market themes (crypto holdings growth, energy price swings, AI-driven power demand) are moving institutional flows and sector rotations; these trends could indirectly affect Citi via client activity but the near‑term impact is unclear. Cointelegraph: Public companies grow Bitcoin holdings
• Negative Sentiment: A former managing director sued Citi alleging sexual harassment by wealth‑management chief Andy Sieg; Citigroup denies the claims and is seeking to move the matter to arbitration. The suit raises reputational risk and potential legal/disruption costs while investors await outcomes and any governance disclosures. Reuters: Citigroup rejects harassment claims, seeks arbitration
• Negative Sentiment: Management flagged the risk of a market “volatility event” driven by rising interest rates, a scenario that could hit trading revenues, mark‑to‑market positions and capital ratios if realized. Watch trading net interest margin and risk disclosures. CNBC: Citigroup worried about rate-driven volatility event

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.