OVERSEA CHINESE BANKING Corp Ltd Boosts Stock Holdings in Citigroup Inc. $C

OVERSEA CHINESE BANKING Corp Ltd raised its position in shares of Citigroup Inc. (NYSE:C) by 1.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 597,276 shares of the company’s stock after acquiring an additional 6,788 shares during the quarter. Citigroup makes up about 1.5% of OVERSEA CHINESE BANKING Corp Ltd’s holdings, making the stock its 15th largest holding. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Citigroup were worth $60,652,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Blalock Williams LLC purchased a new position in Citigroup in the 3rd quarter valued at $367,000. Impact Capital Partners LLC purchased a new stake in shares of Citigroup during the third quarter worth $218,000. Octavia Wealth Advisors LLC raised its position in shares of Citigroup by 7.7% in the third quarter. Octavia Wealth Advisors LLC now owns 2,812 shares of the company’s stock valued at $285,000 after buying an additional 202 shares during the last quarter. Avantra Family Wealth Inc. lifted its stake in shares of Citigroup by 1.2% in the third quarter. Avantra Family Wealth Inc. now owns 22,034 shares of the company’s stock worth $2,236,000 after buying an additional 261 shares in the last quarter. Finally, Versant Capital Management Inc boosted its position in Citigroup by 58.2% during the third quarter. Versant Capital Management Inc now owns 12,982 shares of the company’s stock worth $1,318,000 after acquiring an additional 4,778 shares during the last quarter. 71.72% of the stock is owned by institutional investors and hedge funds.

Citigroup Stock Performance

Shares of Citigroup stock opened at $112.26 on Thursday. The firm has a market cap of $200.87 billion, a PE ratio of 15.77, a price-to-earnings-growth ratio of 0.45 and a beta of 1.18. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.62. Citigroup Inc. has a 52 week low of $55.51 and a 52 week high of $124.17. The business’s fifty day simple moving average is $109.99 and its 200-day simple moving average is $100.72.

Citigroup (NYSE:C) last issued its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.16. The firm had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. Citigroup had a net margin of 8.73% and a return on equity of 7.91%. Citigroup’s revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.34 EPS. Equities analysts forecast that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Dividend Announcement

The business also recently announced 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 annualized dividend and a yield of 2.1%. The ex-dividend date is Monday, February 2nd. Citigroup’s dividend payout ratio (DPR) is 33.71%.

Wall Street Analysts Forecast Growth

C has been the subject of a number of recent research reports. Wolfe Research reiterated an “outperform” rating and issued a $141.00 price objective on shares of Citigroup in a report on Wednesday, January 7th. HSBC reaffirmed a “buy” rating and issued a $87.00 price target on shares of Citigroup in a report on Wednesday, January 7th. Truist Financial boosted their price objective on Citigroup from $123.00 to $129.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Bank of America upped their target price on Citigroup from $115.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Finally, Oppenheimer cut their target price on Citigroup from $123.00 to $120.00 and set an “outperform” rating for the company in a research note on Wednesday, November 19th. Fourteen analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $118.94.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Q4 EPS beat and lighter provisions — Citi reported adjusted EPS of $1.81 (above consensus) and loan-loss provisions came in lower than expected, supporting profitability and reducing near-term credit concerns. C Earnings/Conference Call
• Positive Sentiment: Investment banking and M&A strength — Advisory fees surged (an ~84% jump) and dealmaking rebounded, driving record revenues in corporate client services — a meaningful revenue upside if sustained. M&A/Revenues
• Positive Sentiment: Bullish analyst notes and raised targets — J.P. Morgan reaffirmed a Buy on Citi citing earnings momentum and transformation progress, and Wolfe Research has raised its price target, giving the stock valuation upside support. J.P. Morgan Buy Rating Wolfe Research PT Raise
• Positive Sentiment: Dividend maintained — Citi declared its quarterly dividend, supporting income-seeking holders and signaling capital-return discipline. (Company release / investor notices)
• Neutral Sentiment: Restructuring and job cuts signaled — CEO Jane Fraser warned staff that “the bar is raised” and flagged more job cuts after Q4, which could boost future efficiency but creates short-term execution and sentiment risk. CEO Memo / Job Cuts
• Neutral Sentiment: Asia advisory activity / capital-markets pipeline — Citi bankers expect strong ECM activity in India and Citi-backed takeover offers in Asia highlight fee opportunities, but these are incremental and more region-specific. ECM Pipeline (India)
• Negative Sentiment: Revenue miss and Russia divestiture loss — Total revenue fell short of estimates and Citi took a ~$1.2B pre-tax charge tied to selling its Russian unit, which materially weighed on reported profit and raised questions about near-term top-line momentum. Reuters: Russia Charge
• Negative Sentiment: Higher expenses / capital concerns — Analysts flagged rising expenses and a weaker capital position versus peers, which pressured sentiment despite the EPS beat. Zacks: Expense/Capital Callout
• Negative Sentiment: Regulatory/sector overhang — Industry headlines about a proposed cap on credit card interest rates (political/administrative risk) are an external overhang for Citi and other big-card issuers; management warns caps would shrink credit availability and hurt NIMs. CNBC: Credit Card Cap Risk Benzinga: CFO on Rate Cap

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.