Perpetual Ltd Purchases 12,620 Shares of Citigroup Inc. $C

Perpetual Ltd boosted its position in Citigroup Inc. (NYSE:C) by 117.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,362 shares of the company’s stock after purchasing an additional 12,620 shares during the period. Perpetual Ltd’s holdings in Citigroup were worth $2,726,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Elmwood Wealth Management Inc. raised its holdings in shares of Citigroup by 1.3% in the fourth quarter. Elmwood Wealth Management Inc. now owns 6,845 shares of the company’s stock worth $799,000 after buying an additional 85 shares during the period. Park Place Capital Corp boosted its holdings in Citigroup by 16.7% during the 4th quarter. Park Place Capital Corp now owns 595 shares of the company’s stock valued at $69,000 after acquiring an additional 85 shares during the period. LeConte Wealth Management LLC boosted its holdings in Citigroup by 3.9% during the 4th quarter. LeConte Wealth Management LLC now owns 2,502 shares of the company’s stock valued at $292,000 after acquiring an additional 94 shares during the period. SeaCrest Wealth Management LLC grew its position in Citigroup by 0.6% in the 4th quarter. SeaCrest Wealth Management LLC now owns 15,411 shares of the company’s stock valued at $1,870,000 after acquiring an additional 97 shares during the last quarter. Finally, Boltwood Capital Management increased its stake in Citigroup by 2.6% in the fourth quarter. Boltwood Capital Management now owns 3,893 shares of the company’s stock worth $454,000 after purchasing an additional 98 shares during the period. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Management announced a reorganization of segment reporting and an updated capital-allocation framework for Q1 2026, which should improve transparency on business performance and help investors model returns and capital deployment. Citigroup Restructures Segment Reporting and Capital Allocation
• Positive Sentiment: The board declared a quarterly common-stock dividend of $0.60 per share (payable May 22), a clear shareholder-return signal that supports income-oriented investors and can bolster sentiment toward the stock. Citigroup Declares Common Stock Dividend
• Positive Sentiment: Bank of America reiterated a Buy rating on Citi with a $140 price target, reinforcing analyst support and helping underpin demand amid broader market volatility. BofA Reiterates a Buy Rating on Citi (C)
• Neutral Sentiment: Market commentary and valuation pieces are keeping Citi in focus as investors weigh long‑term returns versus near-term volatility; these analyses are informative but do not constitute immediate catalysts. Citigroup (C) Valuation In Focus
• Neutral Sentiment: Short-term market coverage noted Citi outpaced the broader market in recent sessions — helpful context for flows but not a standalone fundamental change. Citigroup (C) Outpaces Stock Market Gains
• Negative Sentiment: Citi asked some staff in Paris and Frankfurt to work remotely after authorities foiled an alleged bomb plot targeting a U.S. bank in Paris — a precautionary step that raises operational disruption and security-cost concerns. Goldman, Citi staff to work remotely after foiled bomb attack on another bank in Paris
• Negative Sentiment: Broader macro pressure from higher oil prices and ongoing Iran-related geopolitical risk continues to weigh on financial-sector sentiment and could cap multiple expansion even as Citi reports steady fundamentals. MarketBeat Week in Review – 03/30 – 04/03

Insider Transactions at Citigroup

In other news, insider Cantu Ernesto Torres sold 43,173 shares of Citigroup stock in a transaction on Friday, February 13th. The stock was sold at an average price of $111.09, for a total value of $4,796,088.57. Following the transaction, the insider directly owned 45,835 shares in the company, valued at approximately $5,091,810.15. This trade represents a 48.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.08% of the company’s stock.

Citigroup Trading Up 0.0%

NYSE:C opened at $115.27 on Friday. Citigroup Inc. has a one year low of $55.51 and a one year high of $125.16. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a market cap of $201.64 billion, a P/E ratio of 16.54, a P/E/G ratio of 0.74 and a beta of 1.11. The firm has a 50-day simple moving average of $112.74 and a 200-day simple moving average of $108.62.

Citigroup (NYSE:C) last released its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.16. The firm had revenue of $19.87 billion for the quarter, compared to the consensus estimate of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The company’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the firm earned $1.34 earnings per share. Equities analysts anticipate that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Monday, February 2nd were given a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is 34.43%.

Analyst Upgrades and Downgrades

C has been the subject of several research analyst reports. Morgan Stanley set a $152.00 target price on Citigroup in a research report on Tuesday, February 17th. Oppenheimer reduced their price target on shares of Citigroup from $144.00 to $132.00 and set an “outperform” rating on the stock in a research note on Friday, March 27th. Royal Bank Of Canada reissued an “outperform” rating and issued a $121.00 price objective on shares of Citigroup in a research report on Thursday, January 15th. Keefe, Bruyette & Woods upped their target price on shares of Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 17th. Finally, Zacks Research lowered shares of Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $127.00.

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.