Louisiana State Employees Retirement System Invests $10.11 Million in Citigroup Inc. $C

Posted by Nicole Kennedy on Jun 26th, 2026

Louisiana State Employees Retirement System acquired a new stake in shares of Citigroup Inc. (NYSE:C – Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 89,100 shares of the company’s stock, valued at approximately $10,105,000.

Other hedge funds also recently made changes to their positions in the company. Norges Bank bought a new stake in Citigroup during the fourth quarter worth about $2,800,944,000. Vanguard Group Inc. boosted its holdings in shares of Citigroup by 3.1% in the 4th quarter. Vanguard Group Inc. now owns 163,239,926 shares of the company’s stock worth $19,048,467,000 after purchasing an additional 4,938,923 shares in the last quarter. Capital World Investors increased its position in shares of Citigroup by 6.5% during the 3rd quarter. Capital World Investors now owns 47,262,626 shares of the company’s stock valued at $4,797,292,000 after purchasing an additional 2,871,074 shares during the last quarter. Eurizon Capital SGR S.p.A. bought a new position in shares of Citigroup during the 4th quarter valued at about $298,082,000. Finally, SG Americas Securities LLC raised its holdings in shares of Citigroup by 291.4% during the 4th quarter. SG Americas Securities LLC now owns 1,319,549 shares of the company’s stock valued at $153,978,000 after buying an additional 2,008,946 shares in the last quarter. 71.72% of the stock is owned by institutional investors.

Citigroup Trading Up 0.9%

Shares of C stock opened at $144.86 on Friday. The stock has a market capitalization of $247.07 billion, a PE ratio of 17.95, a P/E/G ratio of 0.62 and a beta of 1.12. Citigroup Inc. has a 1-year low of $82.67 and a 1-year high of $147.96. The business has a 50-day moving average of $131.35 and a 200 day moving average of $120.68. The company has a debt-to-equity ratio of 1.59, a current ratio of 0.99 and a quick ratio of 0.99.

Citigroup (NYSE:C – Get Free Report) last posted its quarterly earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) for the quarter, topping the consensus estimate 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%.Citigroup’s revenue for the quarter was up 14.1% compared to the same quarter last year. During the same period last year, the company earned $1.96 EPS. As a group, sell-side analysts anticipate that Citigroup Inc. will post 10.72 earnings per share for the current year.

Citigroup Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 4th were issued a $0.60 dividend. The ex-dividend date was Monday, May 4th. This represents a $2.40 annualized dividend and a dividend yield of 1.7%. Citigroup’s dividend payout ratio (DPR) is currently 29.74%.

Citigroup announced that its board has initiated a stock buyback program on Thursday, May 7th that allows the company to repurchase $30.00 billion in outstanding shares. This repurchase authorization allows the company to purchase up to 13.7% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

A number of analysts recently weighed in on C shares. Barclays boosted their target price on Citigroup from $146.00 to $154.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 15th. Keefe, Bruyette & Woods lifted their price target on shares of Citigroup from $140.00 to $153.00 and gave the stock an “outperform” rating in a research note on Friday, May 8th. Oppenheimer restated an “outperform” rating and issued a $145.00 price objective on shares of Citigroup in a report on Friday, May 8th. Morgan Stanley boosted their price objective on shares of Citigroup from $140.00 to $144.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. Finally, Jefferies Financial Group started coverage on shares of Citigroup in a report on Thursday, March 26th. They set a “buy” rating and a $135.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Citigroup has a consensus rating of “Moderate Buy” and an average target price of $137.79.

View Our Latest Stock Report on Citigroup

Insider Activity at Citigroup

In related news, insider Edward Skyler sold 25,000 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $131.41, for a total transaction of $3,285,250.00. Following the completion of the sale, the insider directly owned 182,022 shares in the company, valued at $23,919,511.02. This represents a 12.08% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director John Cunningham Dugan sold 2,117 shares of the stock in a transaction on Friday, May 8th. The shares were sold at an average price of $125.30, for a total transaction of $265,260.10. Following the sale, the director directly 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. Additional details regarding this sale are available in the official SEC disclosure. 0.11% of the stock is currently owned by company insiders.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: All of the biggest U.S. banks cleared the Federal Reserve’s annual stress test, easing capital concerns and paving the way for potentially higher buybacks and dividends. Big Banks Pass Fed Stress Test, Paving Way for Payouts
Positive Sentiment: Citi published a bullish earnings preview saying Citigroup heads into its next quarterly report with analysts expecting double-digit profit growth, which reinforces optimism ahead of results. Citigroup Earnings Preview: What to Expect
Positive Sentiment: Citigroup also appeared in a report that it is helping underwrite Egyptian digital bank MNT-Halan’s planned IPO, highlighting continued investment-banking activity. Egyptian Digital Bank MNT-Halan Plans to Go Public
Neutral Sentiment: A comparison article on Citigroup vs. Wells Fargo offered a general 2026 perspective on the two banks, but did not introduce a new stock-moving catalyst. Citigroup vs. Wells Fargo: Which Financial Stock Is a Better Buy in 2026?
Neutral Sentiment: The broader market chatter around Micron and other chipmakers may have influenced sentiment indirectly, but it is not directly tied to Citigroup’s fundamentals. Micron is soaring after blowout earnings report. That’s good news for this other memory chipmaker, Citigroup says

About Citigroup

(Free Report)

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.