IFM Investors Pty Ltd Cuts Stock Holdings in Citigroup Inc. $C

IFM Investors Pty Ltd lowered its holdings in Citigroup Inc. (NYSE:C) by 1.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 363,534 shares of the company’s stock after selling 5,307 shares during the quarter. IFM Investors Pty Ltd’s holdings in Citigroup were worth $37,597,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Truvestments Capital LLC lifted its holdings in Citigroup by 131.6% during the first quarter. Truvestments Capital LLC now owns 433 shares of the company’s stock worth $31,000 after buying an additional 246 shares during the period. Howard Hughes Medical Institute purchased a new position in shares of Citigroup in the 2nd quarter valued at $34,000. DHJJ Financial Advisors Ltd. raised its position in shares of Citigroup by 157.1% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 414 shares of the company’s stock worth $35,000 after acquiring an additional 253 shares in the last quarter. WPG Advisers LLC purchased a new stake in shares of Citigroup during the 1st quarter worth $38,000. Finally, Legacy Investment Solutions LLC bought a new stake in Citigroup during the second quarter valued at about $38,000. 71.72% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. The Goldman Sachs Group reiterated a “buy” rating and issued a $118.00 target price on shares of Citigroup in a report on Tuesday, October 14th. Cowen restated a “hold” rating on shares of Citigroup in a research note on Wednesday, December 10th. Zacks Research downgraded Citigroup from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 15th. Bank of America raised their price objective on Citigroup from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Finally, Keefe, Bruyette & Woods boosted their target price on Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 17th. Thirteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Citigroup currently has an average rating of “Moderate Buy” and a consensus price target of $114.50.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: OCC removes a prior amendment to Citi’s 2020 consent order, easing regulatory oversight and lowering a constraint on Citi’s transformation drive — a clear de‑risking that supports valuation and strategy execution. Article Title
• Positive Sentiment: Citi is expanding its Japan investment‑banking team to capture a surge in M&A activity there — a direct revenue opportunity for fees and client mandates in a hot deal market. Article Title
• Positive Sentiment: Analyst and market narrative is turning bullish: buybacks are cited as a material tailwind for Citi into 2026 (reducing float, supporting EPS), and some strategists highlight Citi as a top bank performer to watch — both support higher multiples. Article Title
• Neutral Sentiment: Heavy options activity around Citi has picked up — this can boost intraday volume and volatility (short‑term trading flows) but is not a fundamental earnings catalyst. Article Title
• Neutral Sentiment: Coverage and product mentions (e.g., buy/hold commentary on Citi‑linked preferreds) keep the name in financial media; these items sustain investor attention but have limited immediate impact. Article Title
• Negative Sentiment: HSBC hired a senior ex‑Citi executive to run its private bank, signaling some talent loss and competitive poaching in wealth/private banking — reputational and hiring headwinds in specific businesses. Article Title
• Negative Sentiment: Anchor lock‑ins ended for two India IPOs where Citi was a bookrunner; the release of over 8M shares into secondary markets (and weak post‑IPO price action) is a small reputational hit and could pressure fee‑related flows in the region short term. Article Title

Citigroup Trading Up 1.1%

Shares of NYSE:C opened at $119.39 on Wednesday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.62. Citigroup Inc. has a 52-week low of $55.51 and a 52-week high of $120.27. The stock has a market cap of $213.61 billion, a price-to-earnings ratio of 16.77, a PEG ratio of 0.59 and a beta of 1.21. The business has a 50-day moving average price of $103.66 and a 200-day moving average price of $96.40.

Citigroup (NYSE:C) last posted its quarterly earnings results on Tuesday, October 14th. The company reported $2.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.35. The company had revenue of $22.09 billion during the quarter, compared to analyst estimates of $20.92 billion. Citigroup had a net margin of 8.73% and a return on equity of 7.91%. Citigroup’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period last year, the firm posted $1.51 EPS. Equities analysts predict that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, November 26th. Investors of record on Monday, November 3rd were given a dividend of $0.60 per share. The ex-dividend date was Monday, November 3rd. This represents a $2.40 dividend on an annualized basis and a yield of 2.0%. Citigroup’s payout ratio is currently 33.71%.

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.