Gordian Capital Singapore Pte Ltd Increases Holdings in Citigroup Inc. $C

Gordian Capital Singapore Pte Ltd raised its stake in shares of Citigroup Inc. (NYSE:C) by 363.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 5,800 shares of the company’s stock after buying an additional 4,548 shares during the period. Gordian Capital Singapore Pte Ltd’s holdings in Citigroup were worth $677,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Waddell & Associates LLC raised its stake in Citigroup by 36.4% during the 4th quarter. Waddell & Associates LLC now owns 8,165 shares of the company’s stock valued at $953,000 after buying an additional 2,181 shares during the last quarter. Cerity Partners LLC raised its stake in Citigroup by 4.8% during the 4th quarter. Cerity Partners LLC now owns 1,079,242 shares of the company’s stock valued at $125,937,000 after buying an additional 49,712 shares during the last quarter. Franklin Resources Inc. raised its stake in Citigroup by 4.0% during the 4th quarter. Franklin Resources Inc. now owns 34,196,783 shares of the company’s stock valued at $3,990,422,000 after buying an additional 1,326,224 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in Citigroup by 24.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 803,167 shares of the company’s stock valued at $93,722,000 after buying an additional 159,746 shares during the last quarter. Finally, Hilton Head Capital Partners LLC purchased a new stake in Citigroup during the 4th quarter valued at $46,000. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

C has been the subject of a number of research reports. Keefe, Bruyette & Woods boosted their target price on shares of Citigroup from $140.00 to $153.00 and gave the company an “outperform” rating in a research note on Friday, May 8th. Royal Bank Of Canada restated an “outperform” rating and issued a $139.00 price objective on shares of Citigroup in a research note on Wednesday, April 15th. Jefferies Financial Group began coverage on Citigroup in a research note on Thursday, March 26th. They issued a “buy” rating and a $135.00 price objective for the company. Barclays upped their price objective on Citigroup from $146.00 to $154.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 15th. Finally, JPMorgan Chase & Co. upped their price objective on Citigroup from $131.00 to $135.50 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Citigroup has an average rating of “Moderate Buy” and a consensus target price of $137.62.

Citigroup Trading Up 0.7%

NYSE:C opened at $133.34 on Tuesday. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.99 and a quick ratio of 0.99. The firm has a market capitalization of $227.42 billion, a price-to-earnings ratio of 16.52, a price-to-earnings-growth ratio of 0.59 and a beta of 1.12. Citigroup Inc. has a one year low of $76.11 and a one year high of $135.82. The business has a fifty day moving average price of $125.29 and a 200-day moving average price of $117.13.

Citigroup (NYSE:C) last posted its quarterly earnings data on Tuesday, April 14th. The company reported $3.06 EPS for the quarter, topping the consensus estimate of $2.63 by $0.43. The firm had revenue of $24.63 billion during the quarter, compared to analyst estimates of $22.96 billion. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.Citigroup’s revenue was up 14.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.96 EPS. Sell-side analysts forecast that Citigroup Inc. will post 10.68 EPS for the current year.

Citigroup Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Investors of record on Monday, May 4th were issued a $0.60 dividend. The ex-dividend date of this dividend was Monday, May 4th. This represents a $2.40 annualized dividend and a yield of 1.8%. Citigroup’s dividend payout ratio is currently 29.74%.

Citigroup declared that its Board of Directors has authorized a stock repurchase program on Thursday, May 7th that permits the company to repurchase $30.00 billion in shares. This repurchase authorization permits the company to buy up to 13.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its stock is undervalued.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup strategists raised their year-end S&P 500 target to 8,100, saying strong earnings growth and continued AI-related spending are outweighing macroeconomic risks. That signals confidence in the broader market backdrop and Citi’s view that equities still have room to run. The Stock Market Just Got Crushed. Why Citi Is Raising Its S&P 500 Target.
• Positive Sentiment: Citigroup also highlighted an improving earnings outlook for its core banking business, saying it expects 5% to 6% year-over-year net interest income growth in 2026 as loan demand rises and deposit costs stabilize. That supports the case for stronger profitability ahead. Citigroup’s Path to 5-6% NII Rise in 2026: What’s Driving the Upside?
• Positive Sentiment: The bank is participating in a tokenized deposit network with other major lenders, a move that could help Citi compete in faster, blockchain-based payments as stablecoin adoption grows. Big Banks Eye Tokenized Deposits as Stablecoin Competition Heats Up
• Neutral Sentiment: Citigroup appointed Mehta as head of portfolio management in its Treasury unit, a routine leadership move that appears aimed at strengthening internal risk and liquidity oversight rather than signaling a major strategic shift. Mehta Joins Citigroup’s Treasury as Head of Portfolio Management
• Neutral Sentiment: Citigroup announced the full redemption of $3.15 billion in 2027-dated notes, which reduces outstanding debt but is mainly a normal capital-structure management action. Citigroup (C) Announces Full Redemption of $3.15B in Notes Due 2027
• Neutral Sentiment: Citigroup’s market commentary also reflected a more constructive stance on AI-driven equity spending and resilience in earnings, which is supportive for sentiment but not a direct operating update for the company itself. The Stock Market Just Got Crushed. Why Citi Is Raising Its S&P 500 Target.

Insider Buying and Selling at Citigroup

In related news, Director John Cunningham Dugan sold 2,117 shares of the company’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $125.30, for a total value of $265,260.10. Following the completion of the transaction, the director owned 12,194 shares of the company’s stock, valued at approximately $1,527,908.20. This represents a 14.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Edward Skyler sold 25,000 shares of the company’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $131.41, for a total transaction of $3,285,250.00. Following the completion of the transaction, the insider directly owned 182,022 shares of the company’s stock, valued at $23,919,511.02. This represents a 12.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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.