KRS Capital Management LLC Buys New Holdings in Citigroup Inc. $C

Posted by Francis Steltz on Oct 18th, 2026

KRS Capital Management LLC bought a new position in Citigroup Inc. (NYSE:C – Free Report) during the 3rd quarter, HoldingsChannel reports. The firm bought 50,080 shares of the company’s stock, valued at approximately $59,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in C. State Street Corp grew its holdings in shares of Citigroup by 3.7% in the 2nd quarter. State Street Corp now owns 80,956,349 shares of the company’s stock valued at $11,199,986,000 after buying an additional 2,913,701 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of Citigroup in the 2nd quarter valued at $3,244,602,000. Bank of America Corp DE raised its stake in Citigroup by 2.8% during the 1st quarter. Bank of America Corp DE now owns 26,869,012 shares of the company’s stock worth $3,047,215,000 after buying an additional 728,043 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Citigroup by 10.7% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 12,467,857 shares of the company’s stock worth $1,745,001,000 after buying an additional 1,210,006 shares during the period. Finally, Amundi lifted its holdings in Citigroup by 3.2% during the first quarter. Amundi now owns 12,126,823 shares of the company’s stock worth $1,375,303,000 after acquiring an additional 374,840 shares in the last quarter. 71.72% of the stock is owned by institutional investors.

Trending Headlines about Citigroup

Here are the key news stories impacting Citigroup this week:

Positive Sentiment: U.S. officials raised Citigroup’s market-access issues in China during bilateral talks in Bangkok. The discussions followed an agreement tied to regulatory approval, potentially improving Citi’s growth prospects in the Chinese market. U.S. raises Mastercard, Citigroup China market access in bilateral Bangkok talks
Positive Sentiment: Recent third-quarter results continued to support Citi’s turnaround narrative. The bank reported earnings of $2.85 per share, above the $2.66 consensus estimate, while revenue rose 7.9% year over year to $23.85 billion. Net income reportedly increased 17%, and quarterly revenue reached its highest level in a decade. Citigroup CEO Jane Fraser Says the Bank Is on Front Foot
Positive Sentiment: Citigroup is reportedly preparing an initial public offering for Banamex, its former Mexican consumer-banking business. A successful separation and IPO could simplify Citi’s operations, unlock value, and allow management to focus on its core businesses. Banamex leadership pitches turnaround ahead of targeted Citi IPO
Neutral Sentiment: Citi expects the Federal Reserve to raise interest rates by 25 basis points in December after hotter-than-expected inflation. Higher rates may support lending margins, but they could also pressure economic activity, credit quality, and dealmaking. Citi expects Fed to raise rates by 25 basis points
Negative Sentiment: Royal Bank of Canada cut its price target for Citigroup, adding pressure after the stock’s post-earnings performance. Broader bank shares have also struggled despite earnings beats because investors remain concerned about interest-rate volatility and potentially slowing trading and investment-banking revenue. Citigroup Stock Price Target Cut by Royal Bank of Canada
Negative Sentiment: Citi allowed employees in Saudi Arabia to work remotely as regional conflict intensified. The move demonstrates business-continuity planning but highlights geopolitical risks that could disrupt local operations and client activity. Why Is Citigroup Letting Saudi Staff Work Remotely?

Analyst Upgrades and Downgrades

C has been the subject of a number of research analyst reports. Oppenheimer cut Citigroup from an “outperform” rating to a “market perform” rating in a research note on Tuesday, June 30th. Wall Street Zen lowered Citigroup from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Keefe, Bruyette & Woods reiterated an “outperform” rating on shares of Citigroup in a report on Wednesday. TD Cowen decreased their price objective on Citigroup from $150.00 to $148.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Truist Financial decreased their price objective on Citigroup from $158.00 to $154.00 and set a “buy” rating for the company in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Citigroup has a consensus rating of “Moderate Buy” and an average target price of $150.79.

View Our Latest Stock Report on Citigroup

Citigroup Trading Up 0.9%

C opened at $124.36 on Friday. The stock has a market capitalization of $212.11 billion, a P/E ratio of 12.13, a P/E/G ratio of 0.54 and a beta of 1.13. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.78. Citigroup Inc. has a 12 month low of $95.00 and a 12 month high of $147.96. The firm’s fifty day simple moving average is $132.74 and its 200 day simple moving average is $131.77.

Citigroup (NYSE:C – Get Free Report) last released its earnings results on Tuesday, October 13th. The company reported $2.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.66 by $0.19. Citigroup had a return on equity of 10.57% and a net margin of 10.97%. The firm had revenue of $23.84 billion during the quarter, compared to analysts’ expectations of $23.74 billion. During the same quarter in the prior year, the company earned $1.86 EPS. The company’s revenue was up 7.9% on a year-over-year basis. As a group, research analysts anticipate that Citigroup Inc. will post 11.39 EPS for the current fiscal year.

Citigroup Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 3rd were given a dividend of $0.67 per share. This is an increase from Citigroup’s previous quarterly dividend of $0.60. This represents a $2.68 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, August 3rd. Citigroup’s payout ratio is currently 26.15%.

About Citigroup

(Free Report)

Citigroup Inc is a global financial services company headquartered in New York City and operates under the Citi brand. The company provides banking, lending, investment, wealth management and other financial services to individuals, businesses, institutions and governments.

Citi’s consumer offerings include checking and savings accounts, credit cards, mortgages, personal lending and wealth management services. Through its institutional businesses, the company provides investment banking, commercial banking, securities brokerage, markets and trading, cash management, trade finance and custody services.