666,580 Shares in Citigroup Inc. $C Bought by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio bought a new position in shares of Citigroup Inc. (NYSE:C) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund bought 666,580 shares of the company’s stock, valued at approximately $93,295,000.

A number of other hedge funds also recently made changes to their positions in C. Truist Financial Corp boosted its holdings in shares of Citigroup by 4.7% during the 4th quarter. Truist Financial Corp now owns 375,977 shares of the company’s stock worth $43,873,000 after buying an additional 16,744 shares in the last quarter. UniSuper Management Pty Ltd grew its holdings in Citigroup by 38.8% in the fourth quarter. UniSuper Management Pty Ltd now owns 1,306,851 shares of the company’s stock worth $152,496,000 after purchasing an additional 365,041 shares during the period. Brighton Jones LLC increased its stake in Citigroup by 166.9% in the fourth 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 in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its holdings in shares of Citigroup by 4.0% during the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,819,471 shares of the company’s stock valued at $453,371,000 after purchasing an additional 145,610 shares during the period. Finally, Highland Capital Management LLC raised its holdings in shares of Citigroup by 6.2% during the fourth quarter. Highland Capital Management LLC now owns 217,753 shares of the company’s stock valued at $25,410,000 after purchasing an additional 12,764 shares during the period. 71.72% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently commented on C. Truist Financial decreased their target price on Citigroup from $158.00 to $154.00 and set a “buy” rating for the company in a research report on Wednesday, July 15th. Morgan Stanley raised their price objective on Citigroup from $154.00 to $164.00 and gave the company an “overweight” rating in a research note on Monday, June 29th. Wells Fargo & Company upped their target price on Citigroup from $162.00 to $165.00 and gave the stock an “overweight” rating in a research report on Thursday, June 18th. Keefe, Bruyette & Woods lifted their price target on shares of Citigroup from $140.00 to $153.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Finally, Evercore set a $143.00 price target on shares of Citigroup in a research note on Monday, July 6th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Citigroup presently has a consensus rating of “Moderate Buy” and a consensus price target of $145.22.

Citigroup Stock Down 0.6%

Shares of NYSE:C opened at $132.80 on Friday. The business’s 50 day moving average is $136.41 and its 200 day moving average is $126.76. Citigroup Inc. has a 12-month low of $92.96 and a 12-month high of $147.96. The stock has a market cap of $226.50 billion, a price-to-earnings ratio of 14.34, a PEG ratio of 0.60 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 1.71.

Citigroup (NYSE:C) last issued its quarterly earnings data on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, beating the consensus estimate of $2.74 by $0.41. The business had revenue of $24.77 billion for the quarter, compared to analysts’ expectations of $23.74 billion. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The business’s revenue was up 14.5% on a year-over-year basis. During the same period last year, the business earned $1.96 EPS. On average, sell-side analysts forecast that Citigroup Inc. will post 11.2 earnings per share for the current fiscal year.

Citigroup Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Monday, August 3rd will be issued a dividend of $0.67 per share. This represents a $2.68 annualized dividend and a yield of 2.0%. This is a boost from Citigroup’s previous quarterly dividend of $0.60. The ex-dividend date is Monday, August 3rd. Citigroup’s dividend payout ratio is presently 28.94%.

Citigroup announced that its Board of Directors has approved a share buyback plan on Thursday, May 7th that allows the company to buyback $30.00 billion in shares. This buyback authorization allows the company to repurchase up to 13.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its stock is undervalued.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Strong Korean capital-markets outlook: Citi expects record capital issuance in South Korea during 2026 as deal activity accelerates. Greater investment-banking and underwriting volume could support fee revenue, although the benefit to Citigroup’s overall results is likely modest. Citi Expects Record Korea Capital Issuance in 2026 as Deals Jump
• Positive Sentiment: Potential benefit from firm interest rates: The Bank of Korea raised its benchmark rate to 3% and cited persistent inflation and solid growth. A higher-rate environment can support bank net interest income, though it may also increase credit and funding risks. Bank of Korea Raises Rates
• Neutral Sentiment: Research activity draws attention: Citi’s bullish call and 90-day catalyst watch on Oracle highlight ongoing demand for the bank’s equity-research and advisory services, but the news directly affects Oracle rather than Citigroup’s earnings. Citi Adds Oracle Catalyst Watch
• Neutral Sentiment: Healius ownership reduced: Citigroup entities exited substantial-holder status in Australian healthcare company Healius. The transaction appears to be a portfolio or client-position change, with no clear direct impact on C’s fundamentals. Citi Entities Exit Healius Holder Status
• Negative Sentiment: SEC investigation increases risk concerns: The SEC subpoenaed Citigroup, Goldman Sachs, JPMorgan and Bank of America over margin lending to hedge fund Situational Awareness, which suffered a 67% drawdown during an AI-stock sell-off. The subpoenas do not establish wrongdoing, but they raise concerns about leverage controls, potential client losses, regulatory costs and reputational damage. SEC Probe Puts Wall Street Leverage Risk Back in Focus

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.