LSV Asset Management Trims Position in Citigroup Inc. $C

LSV Asset Management lowered its holdings in shares of Citigroup Inc. (NYSE:C) by 4.3% in the 3rd quarter, Holdings Channel.com reports. The fund owned 6,033,737 shares of the company’s stock after selling 268,125 shares during the period. Citigroup makes up about 1.4% of LSV Asset Management’s holdings, making the stock its 4th biggest holding. LSV Asset Management’s holdings in Citigroup were worth $612,424,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of C. Norges Bank acquired a new position in Citigroup during the 2nd quarter worth about $2,455,929,000. Bank of New York Mellon Corp lifted 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. Bessemer Group Inc. boosted its holdings in Citigroup by 6,172.0% in the third quarter. Bessemer Group Inc. now owns 2,904,795 shares of the company’s stock valued at $294,838,000 after acquiring an additional 2,858,481 shares during the last quarter. Canada Pension Plan Investment Board increased its position 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 valued at $368,945,000 after purchasing an additional 1,393,865 shares during the period. Finally, Natixis raised its holdings in Citigroup by 382.7% during the 2nd quarter. Natixis now owns 1,523,782 shares of the company’s stock worth $129,704,000 after purchasing an additional 1,208,089 shares during the last quarter. Institutional investors own 71.72% of the company’s stock.

Wall Street Analyst Weigh In

C has been the subject of several recent analyst reports. UBS Group reiterated a “neutral” rating and set a $132.00 price objective on shares of Citigroup in a research report on Thursday, January 15th. JPMorgan Chase & Co. boosted their price objective on Citigroup from $130.00 to $134.00 and gave the company an “overweight” rating in a research note on Monday. Piper Sandler set a $135.00 target price on Citigroup in a research report on Thursday, January 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Citigroup in a report on Wednesday, January 21st. Finally, Wolfe Research reissued an “outperform” rating and issued a $141.00 price target on shares of Citigroup in a research note on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Citigroup currently has an average rating of “Moderate Buy” and a consensus target price of $126.19.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Analyst upgrade / price‑target momentum — Citi was the subject of recent bullish analyst notes and an upgrade that helped push the stock to a one‑year high, creating fresh buy interest from both retail and institutional investors. Article Title
• Positive Sentiment: Management highlights credit‑card growth — Incoming CFO Gonzalo Luchetti emphasized continued card volume and scaling potential in Citi’s consumer business, a key driver of net interest and fee income growth for the bank. That commentary supports earnings upside expectations. Article Title
• Positive Sentiment: Fed supervision pivot could ease supervisory burden — Reports that the Fed will re‑classify some “matters requiring attention” to non‑binding observations may reduce near‑term regulatory overhead and compliance costs for large banks, which is supportive for Citi’s capital and operational flexibility. Article Title
• Neutral Sentiment: Investor conference disclosures — Citi’s recent presentations at Bank of America and UBS conferences (transcripts available) give more detail on strategy, capital allocation and consumer/card trajectories; useful for modeling but not an immediate catalyst on their own. Article Title
• Neutral Sentiment: Capital‑markets move: new preferred issuance — Citi issued a new 6.25% preferred instrument that analysts rate as a Hold; this impacts funding mix and yields but is not a clear directional signal for the common stock. Article Title
• Negative Sentiment: Regulatory / political risk from credit‑card rate‑cap debate — Management warned a cap on card rates would have “massive ripple effects”; the very public nature of the warning highlights regulatory risk that could meaningfully compress card yields if policy action gains traction. Article Title
• Negative Sentiment: Recent quarter: EPS beat but revenue shortfall — Citi’s latest report showed an EPS beat yet revenue missed consensus, which leaves some skepticism around top‑line momentum and could cap multiple expansion absent clearer revenue acceleration. Background: Citi Jan. 14 quarter

Citigroup Price Performance

Shares of NYSE:C opened at $117.50 on Thursday. Citigroup Inc. has a twelve month low of $55.51 and a twelve month high of $125.16. The stock’s 50 day moving average is $116.29 and its 200-day moving average is $104.50. 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 capitalization of $210.24 billion, a price-to-earnings ratio of 16.86, a PEG ratio of 0.78 and a beta of 1.18.

Citigroup (NYSE:C) last released its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 earnings per share 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 firm had revenue of $19.87 billion for the quarter, compared to the consensus estimate of $20.99 billion. During the same quarter in the prior year, the company posted $1.34 earnings per share. The business’s revenue was up 2.1% on a year-over-year basis. Sell-side analysts forecast that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Dividend Announcement

The business 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 dividend of $0.60 per share. The ex-dividend date is Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.0%. Citigroup’s payout ratio is 34.43%.

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.