Galaxy Digital Capital Management GP LLC Invests $4.58 Million in Citigroup Inc. $C

Posted by Stanley Muller on Aug 26th, 2026

Galaxy Digital Capital Management GP LLC purchased a new stake in shares of Citigroup Inc. (NYSE:C – Free Report) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 32,739 shares of the company’s stock, valued at approximately $4,582,000. Citigroup accounts for approximately 2.2% of Galaxy Digital Capital Management GP LLC’s holdings, making the stock its 10th largest position.

Several other institutional investors also recently modified their holdings of the business. Truist Financial Corp lifted 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 valued at $43,873,000 after buying an additional 16,744 shares during the period. UniSuper Management Pty Ltd boosted its stake in shares of Citigroup by 38.8% in the 4th quarter. UniSuper Management Pty Ltd now owns 1,306,851 shares of the company’s stock worth $152,496,000 after buying an additional 365,041 shares during the last quarter. Brighton Jones LLC grew its holdings in shares of Citigroup by 166.9% in the fourth 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 period. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Citigroup by 4.0% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 3,819,471 shares of the company’s stock worth $453,371,000 after acquiring an additional 145,610 shares during the period. Finally, Highland Capital Management LLC increased its position in 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 acquiring an additional 12,764 shares during the last quarter. 71.72% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on the company. Wells Fargo & Company raised 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. Evercore set a $143.00 price target on shares of Citigroup in a research report on Monday, July 6th. JPMorgan Chase & Co. increased their price objective on shares of Citigroup from $135.50 to $149.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Weiss Ratings raised shares of Citigroup from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday. Finally, Wall Street Zen lowered shares of Citigroup from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. 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 stock. Based on data from MarketBeat, Citigroup presently has a consensus rating of “Moderate Buy” and an average price target of $145.22.

Read Our Latest Stock Analysis on Citigroup

More Citigroup News

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: Citigroup experienced approximately $223 million in after-hours block trading, along with unusual options activity and bullish call sweeps. The activity suggests increased institutional interest and may have supported buying momentum. Citigroup Sees Unusual Options Activity and $223 Million Block Trade
Positive Sentiment: Citigroup and India’s Axis Bank are partnering to capture more nonresident Indian deposits and increase dollar inflows. The initiative could strengthen Citi’s cross-border banking activity and support deposit growth. Citigroup, Axis Bank Partner to Boost NRI Dollar Inflows
Positive Sentiment: Major banks including Citi are committing billions to affordable housing and expanded U.S. housing supply. The effort could create lending and advisory opportunities while improving Citi’s public-policy and community profile. Big Banks Commit Billions to Boost US Housing Supply
Neutral Sentiment: Recent coverage noted that Citigroup outperformed the broader market during the latest session, but the article primarily reviewed past performance rather than identifying a new earnings or business catalyst. Citigroup Exceeds Market Returns
Neutral Sentiment: Citi reported sustainable-finance commitments of $647.2 billion since 2020 and established new 2030 goals. The update may benefit its long-term franchise and relationships, but has limited immediate impact on earnings. Citi Reports Sustainable Finance Progress
Negative Sentiment: Analyst commentary argues that Citigroup has improved but that much of its valuation upside may already be reflected in the stock, potentially limiting further gains. Citigroup Has Improved, But Upside Is Limited
Negative Sentiment: A Goldman Sachs-versus-Citigroup comparison highlighted Goldman’s stronger earnings momentum, fee-based strategy and growth visibility, despite Goldman’s higher valuation. This may encourage investors seeking growth to favor GS over C. Goldman Versus Citigroup

Citigroup Stock Performance

NYSE:C opened at $133.40 on Wednesday. The stock has a 50-day simple moving average of $136.82 and a two-hundred day simple moving average of $126.57. Citigroup Inc. has a 52-week low of $92.96 and a 52-week high of $147.96. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 0.99. The firm has a market capitalization of $227.52 billion, a PE ratio of 14.41, a P/E/G ratio of 0.59 and a beta of 1.12.

Citigroup (NYSE:C – Get Free Report) last posted its quarterly earnings data on Tuesday, July 14th. The company reported $3.15 EPS for the quarter, topping the consensus estimate of $2.74 by $0.41. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The firm had revenue of $24.77 billion for the quarter, compared to the consensus estimate of $23.74 billion. During the same quarter last year, the company earned $1.96 earnings per share. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year. Analysts forecast that Citigroup Inc. will post 11.2 EPS for the current year.

Citigroup Increases Dividend

The company also recently announced 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. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $2.68 annualized dividend and a yield of 2.0%. This is a positive change from Citigroup’s previous quarterly dividend of $0.60. Citigroup’s payout ratio is currently 28.94%.

Citigroup declared that its Board of Directors has authorized a stock repurchase plan on Thursday, May 7th that permits the company to buyback $30.00 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 13.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

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.