Citigroup Inc. $C Shares Acquired by Penserra Capital Management LLC

Penserra Capital Management LLC increased its stake in shares of Citigroup Inc. (NYSE:C) by 3,343.6% during the third quarter, Holdings Channel.com reports. The institutional investor owned 5,372 shares of the company’s stock after buying an additional 5,216 shares during the quarter. Penserra Capital Management LLC’s holdings in Citigroup were worth $544,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Adell Harriman & Carpenter Inc. lifted its position in Citigroup by 12.7% during the 3rd quarter. Adell Harriman & Carpenter Inc. now owns 102,255 shares of the company’s stock worth $10,379,000 after acquiring an additional 11,512 shares during the period. Cornerstone Planning Group LLC raised its stake in shares of Citigroup by 34.0% in the third quarter. Cornerstone Planning Group LLC now owns 769 shares of the company’s stock worth $77,000 after purchasing an additional 195 shares during the last quarter. Physician Wealth Advisors Inc. lifted its holdings in shares of Citigroup by 58.9% during the third quarter. Physician Wealth Advisors Inc. now owns 866 shares of the company’s stock worth $88,000 after purchasing an additional 321 shares during the period. Wilkinson Global Asset Management LLC acquired a new stake in shares of Citigroup during the third quarter worth about $206,000. Finally, Money Concepts Capital Corp purchased a new stake in Citigroup in the third quarter valued at approximately $243,000. Hedge funds and other institutional investors own 71.72% of the company’s stock.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Management optimism on consent orders — Citi executives told Reuters they expect to complete remediation work on major regulatory consent orders later this year, which would reduce compliance uncertainty and the risk of further supervisory restrictions. Exclusive: Citigroup aims to complete work on consent orders this year, sources say
• Positive Sentiment: Employee benefit/PR move — Citi will match the federal government’s $1,000 deposits to Trump Accounts for children of U.S. employees (born 2025–2028), a low-cost benefit that can help staff retention and signal stability in workforce support. Citi to match federal government’s $1K Trump Account contributions for employees’ children
• Positive Sentiment: Quarterly earnings update — Citi reported Q4 EPS above consensus ($1.81 vs. $1.65) which supports valuation; revenue was slightly below expectations but EPS beat and year-over-year EPS growth reduce near-term earnings risk. Citigroup stock page / Q4 results summary
• Neutral Sentiment: Large workforce reduction reported — Coverage notes Citi plans to cut up to ~60,000 jobs by 2026; while large layoffs could boost margins over time, they create execution risk and public scrutiny that investors should monitor. Citigroup to Axe 60,000 Jobs by 2026 — What It Signals
• Neutral Sentiment: Sector lobbying and policy risk — Reuters reports big U.S. banks increased lobbying as policy fights heat up in Washington; this underscores ongoing regulatory and policy risk that could affect Citi and peers, but is a broad-sector factor rather than company‑specific. Big US banks boost Washington lobbying muscle as policy fights heat up

Analysts Set New Price Targets

C has been the subject of several research reports. Oppenheimer lifted their price objective on shares of Citigroup from $141.00 to $144.00 and gave the company an “outperform” rating in a research note on Thursday, January 15th. Bank of America boosted their target price on shares of Citigroup from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Barclays upped their price target on shares of Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Piper Sandler set a $135.00 price objective on Citigroup in a research note on Thursday, January 15th. Finally, Truist Financial upped their target price on Citigroup from $123.00 to $129.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Citigroup has a consensus rating of “Moderate Buy” and a consensus price target of $125.56.

Citigroup Price Performance

Shares of Citigroup stock opened at $122.72 on Friday. The firm has a market cap of $219.58 billion, a PE ratio of 17.61, a P/E/G ratio of 0.78 and a beta of 1.18. Citigroup Inc. has a twelve month low of $55.51 and a twelve month high of $124.17. 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 business has a 50-day moving average price of $115.27 and a 200 day moving average price of $103.97.

Citigroup (NYSE:C) last issued its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, beating the consensus estimate of $1.65 by $0.16. The company had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.Citigroup’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the company earned $1.34 earnings per share. Sell-side analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 2nd will be paid a $0.60 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a yield of 2.0%. Citigroup’s dividend payout ratio (DPR) is currently 34.43%.

About Citigroup

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.