674,674 Shares in Citigroup Inc. $C Acquired by Renaissance Technologies LLC

Posted by Brenda Bartman on Jul 26th, 2026

Renaissance Technologies LLC bought a new stake in Citigroup Inc. (NYSE:C – Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 674,674 shares of the company’s stock, valued at approximately $76,515,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Truist Financial Corp raised its stake in shares of Citigroup by 4.7% in the fourth quarter. Truist Financial Corp now owns 375,977 shares of the company’s stock worth $43,873,000 after purchasing an additional 16,744 shares during the last quarter. Gunderson Capital Management Inc. bought a new position in Citigroup during the 4th quarter valued at $7,165,000. Brighton Jones LLC boosted its holdings in Citigroup by 166.9% during the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock worth $1,407,000 after acquiring an additional 12,499 shares during the last quarter. UniSuper Management Pty Ltd boosted its holdings in Citigroup by 38.8% during the 4th quarter. UniSuper Management Pty Ltd now owns 1,306,851 shares of the company’s stock worth $152,496,000 after acquiring an additional 365,041 shares during the last quarter. Finally, Merit Financial Group LLC grew its stake in shares of Citigroup by 15.6% in the 4th quarter. Merit Financial Group LLC now owns 96,453 shares of the company’s stock worth $11,255,000 after acquiring an additional 13,046 shares in the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Insider Transactions at Citigroup

In other Citigroup news, Director John Cunningham Dugan sold 2,117 shares of the business’s 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 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 sale was disclosed in a legal filing with the SEC, which is available through this link. 0.11% of the stock is owned by insiders.

Analyst Ratings Changes

C has been the subject of several analyst reports. Bank of America increased their price objective on shares of Citigroup from $170.00 to $176.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. Evercore set a $143.00 price target on Citigroup in a report on Monday, July 6th. Oppenheimer cut Citigroup from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 30th. UBS Group upped their price objective on Citigroup from $134.00 to $150.00 and gave the company a “neutral” rating in a research note on Tuesday, July 7th. Finally, Wells Fargo & Company boosted their price target on shares of Citigroup from $162.00 to $165.00 and gave the stock an “overweight” rating in a report on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $145.67.

Read Our Latest Stock Analysis on C

Citigroup Stock Performance

Shares of C opened at $131.95 on Friday. The firm has a market cap of $225.06 billion, a PE ratio of 14.25, a PEG ratio of 0.60 and a beta of 1.11. The stock’s fifty day moving average price is $135.01 and its two-hundred day moving average price is $123.82. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.99. Citigroup Inc. has a 1 year low of $87.94 and a 1 year high of $147.96.

Citigroup (NYSE:C – Get Free Report) last issued its earnings results on Tuesday, July 14th. The company reported $3.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.74 by $0.41. The firm had revenue of $24.75 billion during the quarter, compared to analyst estimates of $23.74 billion. Citigroup had a net margin of 10.23% and a return on equity of 10.15%. The company’s quarterly revenue was up 14.5% on a year-over-year basis. During the same quarter last year, the business earned $1.96 earnings per share. On average, equities research analysts forecast that Citigroup Inc. will post 11.2 EPS for the current year.

Citigroup announced 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 outstanding shares. This repurchase authorization permits the company to purchase up to 13.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

Citigroup Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Monday, August 3rd will be issued a $0.67 dividend. This is a boost from Citigroup’s previous quarterly dividend of $0.60. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $2.68 annualized dividend and a yield of 2.0%. Citigroup’s payout ratio is 25.92%.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: Citi analysts said the recent pullback in semiconductor stocks looks like a buying opportunity, which may support broader risk appetite and help sentiment around markets that Citigroup covers through its trading and research franchises. Pullback in chip stocks is a buying opportunity, Citi says
Positive Sentiment: Citigroup was highlighted in a new CMBS deal update, after pricing an $817 million multifamily conduit transaction, reinforcing Citi’s role as an active lender and securitization player in U.S. commercial real estate. Citigroup (C) Sets Post GFC Record With $817 Million Multifamily CMBS Deal
Neutral Sentiment: Citigroup reportedly closed a bullish South African rand trade after the currency looked “fragile” following South Africa’s surprise rate hold. This is more of a trading update than a major earnings driver, but it shows Citi is actively adjusting macro positions. Citi Drops Rand Bet After South Africa’s Surprise Rate Hold
Neutral Sentiment: Separately, a headline noting Citi’s bearish view on the “Magnificent Seven” may reflect the bank’s broader market outlook, but it does not directly change Citigroup’s fundamentals. Wall Street Bank Just Declared the Magnificent 7 as “Dead” — What Happens Next?

Citigroup Profile

(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.