Core Capital Management & Research inc. Acquires New Holdings in Citigroup Inc. $C

Core Capital Management & Research inc. purchased a new stake in Citigroup Inc. (NYSE:C) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 5,000 shares of the company’s stock, valued at approximately $658,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Sequoia Financial Advisors LLC grew its holdings in shares of Citigroup by 2.5% during the second quarter. Sequoia Financial Advisors LLC now owns 279,216 shares of the company’s stock valued at $39,079,000 after buying an additional 6,806 shares during the last quarter. Tidal Investments LLC increased its position in shares of Citigroup by 4.8% in the 2nd quarter. Tidal Investments LLC now owns 201,385 shares of the company’s stock valued at $28,186,000 after acquiring an additional 9,265 shares during the period. Archford Capital Strategies LLC raised its stake in Citigroup by 11.8% in the 2nd quarter. Archford Capital Strategies LLC now owns 2,266 shares of the company’s stock worth $317,000 after acquiring an additional 239 shares during the last quarter. Gemmer Asset Management LLC purchased a new position in Citigroup in the 2nd quarter worth $230,000. Finally, WINTON GROUP Ltd lifted its position in Citigroup by 177.5% during the 2nd quarter. WINTON GROUP Ltd now owns 81,738 shares of the company’s stock worth $11,440,000 after acquiring an additional 52,280 shares during the period. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Analyst Ratings Changes

C has been the topic of a number of research reports. Bank of America increased their price objective on Citigroup from $170.00 to $176.00 and gave the company a “buy” rating in a report on Tuesday, July 7th. UBS Group decreased their target price on Citigroup from $150.00 to $142.00 and set a “neutral” rating for the company in a report on Monday, August 3rd. Evercore set a $143.00 target price on Citigroup in a research report on Monday, July 6th. JPMorgan Chase & Co. increased their price target on shares of Citigroup from $135.50 to $149.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. Finally, Truist Financial reduced their price target on shares of Citigroup from $158.00 to $154.00 and set a “buy” rating for the company in a research report on Wednesday, July 15th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Citigroup presently has a consensus rating of “Moderate Buy” and an average price target of $145.22.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Private-bank expansion: Citi Private Bank hired Teresa Radzinski from Bank of America to strengthen relationships with ultra-high-net-worth clients. The move could support growth in deposits, lending and wealth-management fees. Citi Private Bank hires Radzinski from Bank of America
• Positive Sentiment: Tokenized deposits: Citi plans to introduce a tokenized-deposit service for Japanese businesses, extending its blockchain-based payments capabilities into a major corporate market. The initiative could create new transaction revenue and improve payment efficiency, although commercial benefits may take time to develop. Citi plans to bring tokenized deposit service to Japanese businesses
• Positive Sentiment: Cross-border payments milestone: Citi and DBS completed a live Singapore-to-U.S. dollar payment using tokenized bank deposits and SWIFT’s blockchain-based Digital Ledger. The transaction reinforces Citi’s positioning in faster, around-the-clock institutional payments. DBS and Citi bring 24/7 tokenized dollar payments to SWIFT’s blockchain ledger
• Positive Sentiment: Bullish investment view: A Wall Street-focused analysis highlighted Citi’s restructuring progress and argued that the stock’s valuation has not fully reflected the improvement. Such commentary may reinforce investor confidence in management’s turnaround strategy. Citigroup’s restructuring is working, and valuation has not caught up
• Neutral Sentiment: Citi hosted presentations from biotechnology companies at its 2026 Biopharma Back to School Summit. The event supports Citi’s investment-banking and research franchise but is unlikely to materially affect near-term earnings. Seaport Therapeutics presents at Citi’s Biopharma Back to School Summit

Citigroup Price Performance

Shares of C opened at $137.91 on Thursday. The business’s 50-day moving average is $135.05 and its two-hundred day moving average is $128.02. The company has a market capitalization of $235.21 billion, a P/E ratio of 14.89, a P/E/G ratio of 0.62 and a beta of 1.12. Citigroup Inc. has a fifty-two week low of $93.66 and a fifty-two week high of $147.96. 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 issued its quarterly earnings data on Tuesday, July 14th. The company reported $3.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.74 by $0.41. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The business had revenue of $24.77 billion during the quarter, compared to analysts’ expectations of $23.74 billion. During the same quarter in the previous year, the firm posted $1.96 EPS. The company’s revenue for the quarter was up 14.5% on a year-over-year basis. Research analysts predict that Citigroup Inc. will post 11.21 earnings per share for the current year.

Citigroup Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 3rd were issued a $0.67 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This is a boost from Citigroup’s previous quarterly dividend of $0.60. This represents a $2.68 dividend on an annualized basis and a yield of 1.9%. Citigroup’s dividend payout ratio is presently 28.94%.

Citigroup Company Profile

Citigroup Inc (NYSE:C) is a global financial services company headquartered in New York City. Through its businesses, Citi provides banking, lending, credit card, wealth management, investment banking, securities, markets and treasury services to individuals, businesses, financial institutions and governments.

The company’s operations include U.S. Personal Banking, which offers consumer banking, credit cards and lending products; Wealth Management, which serves affluent and high-net-worth clients; and its Institutional Clients Group, which provides investment banking, corporate banking, markets, securities services and transaction banking.