Mirae Asset Global Investments Co. Ltd. Acquires 51,358 Shares of Citigroup Inc. $C

Mirae Asset Global Investments Co. Ltd. raised its stake in Citigroup Inc. (NYSE:C) by 14.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 400,306 shares of the company’s stock after acquiring an additional 51,358 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Citigroup were worth $40,631,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wolff Wiese Magana LLC lifted its holdings in shares of Citigroup by 87.6% during the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock worth $26,000 after purchasing an additional 120 shares during the period. Howard Hughes Medical Institute bought a new position in shares of Citigroup during the 2nd quarter worth approximately $34,000. DHJJ Financial Advisors Ltd. increased its stake in Citigroup by 157.1% in the second quarter. DHJJ Financial Advisors Ltd. now owns 414 shares of the company’s stock valued at $35,000 after purchasing an additional 253 shares in the last quarter. Highline Wealth Partners LLC grew its stake in shares of Citigroup by 35.3% in the 3rd quarter. Highline Wealth Partners LLC now owns 418 shares of the company’s stock valued at $42,000 after buying an additional 109 shares during the period. Finally, Capital A Wealth Management LLC bought a new stake in shares of Citigroup during the second quarter valued at approximately $38,000. Institutional investors own 71.72% of the company’s stock.

Citigroup Stock Performance

Shares of C opened at $114.25 on Thursday. The company has a market cap of $204.42 billion, a PE ratio of 16.39, a price-to-earnings-growth ratio of 0.73 and a beta of 1.18. The stock has a 50-day moving average price of $112.98 and a 200-day moving average price of $102.72. 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 12-month low of $55.51 and a 12-month high of $124.17.

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

Citigroup Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on C. Wolfe Research restated an “outperform” rating and issued a $141.00 target price on shares of Citigroup in a report on Wednesday, January 7th. Wells Fargo & Company set a $150.00 target price on shares of Citigroup in a research note on Monday, January 5th. Piper Sandler set a $135.00 target price on shares of Citigroup in a report on Thursday, January 15th. Zacks Research raised Citigroup from a “hold” rating to a “strong-buy” rating in a research report on Thursday, January 22nd. Finally, Morgan Stanley raised their target price on Citigroup from $134.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $125.56.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Reduced short interest — Short interest fell about 12.7% in January (to ~25.2M shares), which reduces one source of downside pressure and the risk of short-squeeze-driven volatility.
• Positive Sentiment: Workforce upskilling for AI — CEO Jane Fraser says Citigroup is training roughly 175,000 employees to adapt to AI-driven role changes; that signals management is investing in productivity and talent retention rather than only cutting staff. Citigroup CEO Jane Fraser says 175,000 employees are being trained
• Neutral Sentiment: Fed decision / macro backdrop — The Fed held rates steady amid sticky inflation and a tight jobs market; higher-for-longer rates are a mixed signal for banks (support for net interest margins but greater risk of market volatility). US Federal Reserve holds rates steady amid sticky inflation, resilient jobs market
• Neutral Sentiment: Participation/filings disclosure — Citigroup posted participation notifications (shareholding/regulated disclosure) today; routine but worth monitoring for large insider or investor moves. Participation notifications by Citigroup Inc.
• Negative Sentiment: Planned layoffs — Citigroup is moving ahead with a March round of cuts as part of a 20,000-job reduction through 2026; that helps cuts costs but signals near-term disruption and execution risk around the bank’s multi‑year overhaul. More Layoffs Are Coming at Citigroup in March
• Negative Sentiment: Legal & reputational risks — A former managing director has sued Citigroup alleging mishandled sexual‑harassment claims; the bank is pushing to move the case to arbitration. Ongoing litigation and management‑level allegations can trap management attention and create headline risk. Citigroup rejects harassment claims against top executive, seeks to move case into arbitration
• Negative Sentiment: Criminal conviction of ex-executive — A former Citigroup managing director pleaded guilty in a serious criminal case, adding reputational risk and potential regulatory scrutiny. Ex-Citi Managing Director Pleads Guilty
• Negative Sentiment: Volatility risk from rising rates — Citigroup warned about the potential for a market “volatility event” tied to rising rates, which could hurt trading revenue and create mark-to-market losses in certain businesses. Citigroup is worried about a ‘volatility event’ triggered by rising rates

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.