Dimensional Fund Advisors LP Grows Position in Citigroup Inc. $C

Dimensional Fund Advisors LP increased its holdings in shares of Citigroup Inc. (NYSE:C) by 1.8% in the first quarter, Holdings Channel reports. The firm owned 7,923,659 shares of the company’s stock after buying an additional 141,215 shares during the period. Dimensional Fund Advisors LP’s holdings in Citigroup were worth $898,337,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of C. Mcguire Capital Advisors Inc. purchased a new position in Citigroup during the fourth quarter worth about $25,000. Whipplewood Advisors LLC purchased a new stake in shares of Citigroup in the 1st quarter valued at approximately $25,000. Richards Merrill & Peterson Inc. acquired a new position in shares of Citigroup in the 4th quarter worth approximately $28,000. TD Capital Management LLC acquired a new position in shares of Citigroup in the 4th quarter worth approximately $28,000. Finally, Scarborough Advisors LLC purchased a new position in shares of Citigroup during the 1st quarter worth approximately $29,000. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup was added to Zacks’ Rank #1 (Strong Buy) list, signaling improving earnings momentum and potentially attracting more near-term buying. New Strong Buy Stocks for July 17th
• Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 earnings estimates for Citigroup, reinforcing the view that profits may continue trending higher. Citigroup stock page / analyst estimate update
• Positive Sentiment: Market commentary highlighted Citigroup as one of the standouts in early Q2 bank earnings, alongside peers that beat expectations, which supports the broader bullish case for the shares. Q2 Earnings: 2 Winners and 1 Loser So Far
• Positive Sentiment: Citigroup’s Q2 results beat estimates, with revenue and EPS both coming in above Wall Street forecasts, keeping investor sentiment constructive after the earnings release. Citigroup earnings data
• Neutral Sentiment: Citigroup announced a full redemption of its Series T preferred stock, which is a capital-structure change but not a major operating catalyst by itself. Citigroup Announces Full Redemption of Series T Preferred Stock
• Neutral Sentiment: Several brokerage and market items reiterated or discussed Citigroup’s valuation and relative attractiveness versus peers, adding context but not introducing a major new surprise. Citigroup vs. Wells Fargo: Which Bank Stock Looks Attractive Post Q2 Results?

Citigroup Trading Up 0.1%

Shares of C stock opened at $129.46 on Monday. Citigroup Inc. has a fifty-two week low of $87.94 and a fifty-two week high of $147.96. The company has a 50 day moving average price of $134.34 and a 200 day moving average price of $123.36. The stock has a market capitalization of $220.81 billion, a P/E ratio of 13.98, a price-to-earnings-growth ratio of 0.59 and a beta of 1.11. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 0.99.

Citigroup (NYSE:C) last released its earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.74 by $0.41. The company had revenue of $24.75 billion for 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%. The firm’s quarterly revenue was up 14.5% on a year-over-year basis. During the same period in the prior year, the business earned $1.96 EPS. Equities research analysts predict that Citigroup Inc. will post 11.15 EPS for the current fiscal year.

Citigroup announced that its Board of Directors has authorized a stock buyback program on Thursday, May 7th that authorizes the company to buyback $30.00 billion in outstanding shares. This buyback authorization authorizes the company to buy up to 13.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Insider Activity

In other news, Director John Cunningham Dugan sold 2,117 shares of the stock in a transaction on Friday, May 8th. The stock was sold at an average price of $125.30, for a total value of $265,260.10. Following the sale, the director directly owned 12,194 shares in the company, valued at approximately $1,527,908.20. This trade represents a 14.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.11% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. Barclays lifted their target price on shares of Citigroup from $146.00 to $154.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. JPMorgan Chase & Co. upped their price target on Citigroup from $135.50 to $149.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Royal Bank Of Canada restated an “outperform” rating and set a $150.00 price target on shares of Citigroup in a research report on Wednesday, July 15th. Argus set a $150.00 price objective on Citigroup in a research note on Wednesday. Finally, Keefe, Bruyette & Woods boosted their price objective on Citigroup from $140.00 to $153.00 and gave the company an “outperform” rating in a report on Friday, May 8th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $145.67.

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.