New York State Teachers Retirement System Has $168.50 Million Stock Holdings in Citigroup Inc. $C

New York State Teachers Retirement System cut its holdings in Citigroup Inc. (NYSE:C) by 5.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,444,028 shares of the company’s stock after selling 84,784 shares during the quarter. New York State Teachers Retirement System’s holdings in Citigroup were worth $168,504,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Elmwood Wealth Management Inc. increased its stake 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 valued at $799,000 after buying an additional 85 shares in the last quarter. Park Place Capital Corp increased its stake in shares of Citigroup by 16.7% in the fourth quarter. Park Place Capital Corp now owns 595 shares of the company’s stock valued at $69,000 after buying an additional 85 shares in the last quarter. N.E.W. Advisory Services LLC increased its stake in shares of Citigroup by 14.9% in the fourth quarter. N.E.W. Advisory Services LLC now owns 703 shares of the company’s stock valued at $82,000 after buying an additional 91 shares in the last quarter. LeConte Wealth Management LLC increased its stake in shares of Citigroup by 3.9% in the fourth quarter. LeConte Wealth Management LLC now owns 2,502 shares of the company’s stock valued at $292,000 after buying an additional 94 shares in the last quarter. Finally, SeaCrest Wealth Management LLC increased its stake in shares of Citigroup by 0.6% in the fourth quarter. SeaCrest Wealth Management LLC now owns 15,411 shares of the company’s stock valued at $1,870,000 after buying an additional 97 shares in the last quarter. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Citigroup Price Performance

Citigroup stock opened at $127.97 on Friday. The business’s 50-day simple moving average is $117.01 and its 200 day simple moving average is $112.16. The stock has a market cap of $219.46 billion, a price-to-earnings ratio of 15.86, a P/E/G ratio of 0.57 and a beta of 1.11. Citigroup Inc. has a 12-month low of $67.89 and a 12-month high of $135.29. The company has a quick ratio of 1.00, a current ratio of 0.99 and a debt-to-equity ratio of 1.59.

Citigroup (NYSE:C) last posted its quarterly earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.43. The business had revenue of $24.63 billion for the quarter, compared to analysts’ expectations of $22.96 billion. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The firm’s quarterly revenue was up 14.1% compared to the same quarter last year. During the same quarter last year, the business earned $1.96 earnings per share. As a group, research analysts anticipate that Citigroup Inc. will post 10.66 earnings per share for the current year.

Citigroup Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Shareholders of record on Monday, May 4th will be issued a dividend of $0.60 per share. The ex-dividend date is Monday, May 4th. This represents a $2.40 dividend on an annualized basis and a yield of 1.9%. Citigroup’s dividend payout ratio (DPR) is 29.74%.

Insider Transactions at Citigroup

In other Citigroup news, insider Edward Skyler sold 25,000 shares of the firm’s stock in a transaction dated 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 transaction, the insider owned 182,022 shares in the company, valued at approximately $23,919,511.02. This trade represents a 12.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Cantu Ernesto Torres sold 43,173 shares of the firm’s stock in a transaction dated 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 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 disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 92,318 shares of company stock worth $10,764,814. Company insiders own 0.11% of the company’s stock.

Analysts Set New Price Targets

C has been the subject of a number of research reports. Jefferies Financial Group initiated coverage on Citigroup in a research note on Thursday, March 26th. They issued a “buy” rating and a $135.00 target price for the company. Wolfe Research restated an “outperform” rating and issued a $141.00 target price on shares of Citigroup in a research note on Wednesday, January 7th. Barclays raised their price target on Citigroup from $146.00 to $154.00 and gave the company an “overweight” rating in a report on Wednesday, April 15th. Truist Financial raised their price target on Citigroup from $133.00 to $139.00 and gave the company a “buy” rating in a report on Wednesday, April 15th. Finally, Evercore set a $139.00 price target on Citigroup in a report on Wednesday, April 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $136.32.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: JPMorgan raised its price target on Citigroup to $135.50 and put the stock on an “-overweight” rating, implying further upside and reinforcing buy-side momentum. Read More.
• Positive Sentiment: Erste Group boosted its FY2026 and FY2027 EPS forecasts for Citi (higher earnings outlook supports valuation and buy-side sentiment). Read More.
• Positive Sentiment: Senior hiring and expansion moves: Citi appointed JPMorgan’s Shukla as head of Asia infrastructure and hired senior coverage leaders (Potts) while targeting senior hires in Japan/China — moves that strengthen M&A, infrastructure and cross-border franchises. These hires support revenue growth in higher-fee businesses. Read More.
• Positive Sentiment: Citi was nominated for a BeInCrypto institutional award for leadership in digital asset adoption (CIDAP and token services), highlighting potential growth in fee-based digital services. Read More.
• Neutral Sentiment: Market and regulatory updates: Citi issued participation notifications (technical/regulatory disclosures) — routine but relevant for governance and compliance watchers. Read More.
• Neutral Sentiment: Coverage and media pieces (Zacks, Yahoo) are driving investor attention and conversation around Citi’s strategic moves and potential involvement in a complex deal; these are informational and may increase trading volume but are not definitive catalysts. Read More. Read More.
• Neutral Sentiment: Citi’s Japan banking head says the firm seeks expansion there despite a talent crunch — signals ongoing strategic focus on Asian growth, but execution risk remains. Read More.
• Neutral Sentiment: Macro backdrop: the Fed left rates unchanged in a divided vote, a development that keeps loan and deposit margins (and investor sentiment) in focus for banks including Citi. Read More.
• Negative Sentiment: Reputational/legal headline: a report says Citi paid an ex-JPMorgan banker $52M despite allegations of bullying and abusive behavior — a potential reputational and governance overhang that could attract scrutiny and increase legal/compensation questions. Read More.

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.