Fort Washington Investment Advisors Inc. OH Reduces Holdings in Citigroup Inc. $C

Fort Washington Investment Advisors Inc. OH lowered its position in shares of Citigroup Inc. (NYSE:C) by 14.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 481,481 shares of the company’s stock after selling 84,545 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Citigroup were worth $54,605,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in C. Truist Financial Corp raised its stake in shares of Citigroup by 4.7% in the 4th quarter. Truist Financial Corp now owns 375,977 shares of the company’s stock valued at $43,873,000 after acquiring an additional 16,744 shares during the period. Gunderson Capital Management Inc. purchased a new position in shares of Citigroup during the 4th quarter worth approximately $7,165,000. Brighton Jones LLC increased its holdings in Citigroup by 166.9% in the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock valued at $1,407,000 after purchasing an additional 12,499 shares during the last quarter. UniSuper Management Pty Ltd raised its position in Citigroup by 38.8% in the fourth quarter. UniSuper Management Pty Ltd now owns 1,306,851 shares of the company’s stock valued at $152,496,000 after purchasing an additional 365,041 shares during the period. Finally, Nordea Investment Management AB raised its position in Citigroup by 11.8% in the fourth quarter. Nordea Investment Management AB now owns 7,986,407 shares of the company’s stock valued at $933,891,000 after purchasing an additional 844,056 shares during the period. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup Stock Performance

Shares of C stock opened at $141.68 on Friday. The firm has a 50 day moving average of $131.55 and a two-hundred day moving average of $120.83. The stock has a market capitalization of $241.65 billion, a PE ratio of 17.56, a P/E/G ratio of 0.61 and a beta of 1.12. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.59. Citigroup Inc. has a 52 week low of $83.81 and a 52 week high of $147.96.

Citigroup (NYSE:C) last posted its quarterly earnings data on Tuesday, April 14th. The company reported $3.06 earnings per share for the quarter, topping analysts’ consensus estimates of $2.63 by $0.43. The business had revenue of $24.63 billion for the quarter, compared to analyst estimates of $22.96 billion. Citigroup had a return on equity of 9.19% and a net margin of 9.35%.The company’s revenue was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.96 earnings per share. On average, research analysts predict that Citigroup Inc. will post 10.8 EPS for the current fiscal year.

Citigroup declared that its Board of Directors has initiated a share repurchase program on Thursday, May 7th that permits the company to repurchase $30.00 billion in shares. This repurchase authorization permits the company to reacquire up to 13.7% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

Citigroup Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 22nd. Shareholders of record on Monday, May 4th were issued a dividend of $0.60 per share. The ex-dividend date was Monday, May 4th. This represents a $2.40 annualized dividend and a yield of 1.7%. Citigroup’s dividend payout ratio is 29.74%.

Insider Activity

In other Citigroup news, insider Edward Skyler sold 25,000 shares of the stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $131.41, for a total value of $3,285,250.00. Following the sale, the insider owned 182,022 shares of the company’s stock, valued at $23,919,511.02. This trade represents a 12.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John Cunningham Dugan sold 2,117 shares of Citigroup stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $125.30, for a total value of $265,260.10. Following the completion of the transaction, the director owned 12,194 shares of the company’s stock, valued at $1,527,908.20. The trade was a 14.79% decrease in their position. The SEC filing for this sale provides additional information. 0.11% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Jefferies Financial Group started coverage on Citigroup in a research report on Thursday, March 26th. They set a “buy” rating and a $135.00 price target for the company. Evercore set a $139.00 target price on Citigroup in a research note on Wednesday, April 15th. Royal Bank Of Canada restated an “outperform” rating and set a $139.00 target price on shares of Citigroup in a report on Wednesday, April 15th. JPMorgan Chase & Co. lifted their target price on Citigroup from $131.00 to $135.50 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Finally, Morgan Stanley boosted their price target on shares of Citigroup from $140.00 to $144.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Citigroup currently has a consensus rating of “Moderate Buy” and an average target price of $138.44.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup’s successful 2026 Fed stress test supports a stronger capital position, giving the bank more flexibility for higher dividends and a planned $30 billion share buyback. How Citigroup’s Stress Test Success Strengthens Shareholder Returns
• Positive Sentiment: Analysts expect Citigroup to post double-digit profit growth in the upcoming second-quarter earnings report, which could reinforce the stock’s recent rally if results and guidance come in strong. Citigroup Earnings Preview: What to Expect
• Neutral Sentiment: Market commentary this week also highlighted Citigroup’s broader macro research, including a warning that El Niño could create a new global economic risk through disruption to agriculture, infrastructure, and productivity. Neutral Sentiment:
• Neutral Sentiment: Citigroup was also cited in a stock-picking note on Micron, where the bank said strong memory demand could benefit SanDisk; this is more about Citigroup’s analyst commentary than a direct driver for C shares. Micron is soaring after blowout earnings report. That’s good news for this other memory chipmaker, Citigroup says

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.