Great Lakes Advisors LLC Has $78.31 Million Holdings in Citigroup Inc. $C

Great Lakes Advisors LLC cut its position in shares of Citigroup Inc. (NYSE:C) by 60.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 771,554 shares of the company’s stock after selling 1,169,448 shares during the period. Great Lakes Advisors LLC’s holdings in Citigroup were worth $78,313,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in C. Fidelis Capital Partners LLC grew its position in Citigroup by 3.2% in the third quarter. Fidelis Capital Partners LLC now owns 11,380 shares of the company’s stock worth $1,155,000 after acquiring an additional 353 shares in the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Citigroup by 124.4% during the 3rd quarter. Annis Gardner Whiting Capital Advisors LLC now owns 26,977 shares of the company’s stock valued at $2,738,000 after purchasing an additional 14,955 shares in the last quarter. TD Waterhouse Canada Inc. lifted its stake in shares of Citigroup by 2.6% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 645,186 shares of the company’s stock valued at $63,711,000 after purchasing an additional 16,528 shares during the last quarter. Field & Main Bank boosted its holdings in Citigroup by 1.9% in the third quarter. Field & Main Bank now owns 10,133 shares of the company’s stock worth $1,028,000 after purchasing an additional 190 shares in the last quarter. Finally, AustralianSuper Pty Ltd increased its position in Citigroup by 1,556.0% during the third quarter. AustralianSuper Pty Ltd now owns 314,528 shares of the company’s stock worth $31,925,000 after buying an additional 295,535 shares during the last quarter. 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: Planned layoffs and cost reductions: Citigroup is moving forward with more layoffs in March as part of a broader 20,000‑job reduction through 2026 under CEO Jane Fraser’s restructuring. Investors view the cuts as a path to lower expenses and support for the bank’s dividend and margins. More Layoffs Are Coming at Citigroup in March
• Positive Sentiment: Drop in short interest reduces near‑term downside pressure: Short interest in C fell about 12.7% in January, lowering the risk of short‑squeeze volatility and removing a source of selling pressure. (internal report)
• Positive Sentiment: AI upskilling program aims to improve productivity: CEO Jane Fraser said Citigroup is training roughly 175,000 employees to adapt to AI-driven role changes — a signal investors interpret as management investment in efficiency and digital transformation. Citigroup CEO AI training story
• Neutral Sentiment: Participation notifications / filings: Citigroup released participation notifications (regulatory/ownership filings) in Brussels — routine disclosures that add transparency but are not an immediate earnings driver. Participation notifications by Citigroup Inc.
• Neutral Sentiment: Fed holds rates steady: The Fed’s decision to pause rate moves keeps the macro backdrop stable for banks; it limits headline uncertainty but keeps NIM (net interest margin) expectations unchanged for now. Fed holds rates steady
• Negative Sentiment: Legal and reputational risks: A former Citigroup managing director pleaded guilty in a serious criminal case, which is a reputational negative for the firm and could invite regulatory or cultural scrutiny. Ex-Citi managing director pleads guilty
• Negative Sentiment: Harassment lawsuit dispute remains an overhang: Citigroup has rejected harassment claims against a top executive and is pushing to move the matter to arbitration — the company’s defense may limit immediate financial impact, but unresolved legal exposure and governance questions could weigh on sentiment. Citigroup rejects harassment claims

Citigroup Stock Down 0.5%

C opened at $114.25 on Thursday. The business has a 50 day moving average of $112.98 and a 200-day moving average of $102.72. The stock has a market capitalization of $204.42 billion, a price-to-earnings ratio of 16.39, a P/E/G ratio of 0.73 and a beta of 1.18. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.63. Citigroup Inc. has a 1-year low of $55.51 and a 1-year high of $124.17.

Citigroup (NYSE:C) last released its earnings results on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, beating the consensus estimate of $1.65 by $0.16. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The firm had revenue of $19.87 billion during the quarter, compared to analysts’ expectations of $20.99 billion. During the same period in the prior year, the company earned $1.34 EPS. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 2nd will be given a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.1%. Citigroup’s dividend payout ratio is currently 34.43%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Piper Sandler set a $135.00 price target on Citigroup in a research report on Thursday, January 15th. Zacks Research upgraded Citigroup from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 22nd. Barclays increased their price target on Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Truist Financial boosted their price objective on shares of Citigroup from $123.00 to $129.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Finally, TD Cowen reiterated a “hold” rating on shares of Citigroup in a research note on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $125.56.

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.