Citigroup Inc. $C Shares Sold by Great Lakes Advisors LLC

Great Lakes Advisors LLC trimmed its position in Citigroup Inc. (NYSE:C) by 60.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm 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.

Other hedge funds also recently modified their holdings of the company. Wolff Wiese Magana LLC lifted its holdings in shares of Citigroup by 87.6% in the third quarter. Wolff Wiese Magana LLC now owns 257 shares of the company’s stock valued at $26,000 after buying an additional 120 shares during the period. Howard Hughes Medical Institute bought a new stake in Citigroup in the second quarter worth about $34,000. DHJJ Financial Advisors Ltd. lifted its holdings in Citigroup by 157.1% in the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 414 shares of the company’s stock valued at $35,000 after acquiring an additional 253 shares during the last quarter. Legacy Investment Solutions LLC bought a new position in shares of Citigroup during the 2nd quarter valued at about $38,000. Finally, Capital A Wealth Management LLC acquired a new position in shares of Citigroup in the 2nd quarter worth approximately $38,000. 71.72% of the stock is currently owned by institutional investors and hedge funds.

Citigroup Stock Performance

Shares of C stock opened at $114.25 on Thursday. The company 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. Citigroup Inc. has a 1-year low of $55.51 and a 1-year high of $124.17. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.63. The stock’s fifty day simple moving average is $112.98 and its 200-day simple moving average is $102.72.

Citigroup (NYSE:C) last announced its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.16. The firm had revenue of $19.87 billion during the quarter, compared to analyst estimates of $20.99 billion. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The business’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same period last year, the company posted $1.34 EPS. On average, sell-side analysts predict that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

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

Wall Street Analyst Weigh In

A number of analysts recently weighed in on C shares. Weiss Ratings restated a “buy (b)” rating on shares of Citigroup in a report on Wednesday, January 21st. Bank of America increased their price objective on Citigroup from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Morgan Stanley boosted their target price on Citigroup from $134.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. JPMorgan Chase & Co. upgraded Citigroup from a “neutral” rating to an “overweight” rating and increased their price target for the company from $107.00 to $124.00 in a research report on Friday, December 12th. Finally, Oppenheimer boosted their price objective on Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. One investment 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 data from MarketBeat.com, Citigroup currently has an average rating of “Moderate Buy” and a consensus price target of $125.56.

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 Company 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.