PFG Investments LLC Has $3.34 Million Stake in Citigroup Inc. $C

PFG Investments LLC boosted its holdings in shares of Citigroup Inc. (NYSE:C) by 16.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,597 shares of the company’s stock after buying an additional 3,986 shares during the quarter. PFG Investments LLC’s holdings in Citigroup were worth $3,337,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. Capital World Investors increased its position in Citigroup by 6.5% during the third quarter. Capital World Investors now owns 47,262,626 shares of the company’s stock worth $4,797,292,000 after buying an additional 2,871,074 shares during the last quarter. Fisher Asset Management LLC boosted its holdings in Citigroup by 2.7% during the third quarter. Fisher Asset Management LLC now owns 33,040,513 shares of the company’s stock valued at $3,353,612,000 after acquiring an additional 879,056 shares during the period. Franklin Resources Inc. boosted its holdings in Citigroup by 1.8% during the third quarter. Franklin Resources Inc. now owns 32,870,559 shares of the company’s stock valued at $3,336,362,000 after acquiring an additional 580,027 shares during the period. Bank of New York Mellon Corp boosted its holdings in Citigroup by 17.6% during the third quarter. Bank of New York Mellon Corp now owns 28,125,995 shares of the company’s stock valued at $2,854,788,000 after acquiring an additional 4,211,099 shares during the period. Finally, Legal & General Group Plc boosted its holdings in Citigroup by 1.6% during the third quarter. Legal & General Group Plc now owns 13,844,014 shares of the company’s stock valued at $1,405,167,000 after acquiring an additional 219,100 shares during the period. 71.72% of the stock is owned by institutional investors and hedge funds.

More Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Q1 beat and profit surge — Citigroup reported EPS of $3.06 and revenue of $24.6B, driven by strong trading and M&A fees, which investors viewed as confirmation the turnaround is gaining traction. Citigroup Surges as Fraser’s Overhaul Yields 42% Profit Growth
• Positive Sentiment: Wall Street backing — Multiple firms (Goldman, Truist, Wells Fargo, Keefe Bruyette & Woods) bumped price targets and ratings after the quarter, signaling broader analyst conviction and supporting further upside. Citi Gets Triple Price Target Boosts From Goldman Sachs, Truist, and Wells Fargo
• Positive Sentiment: Analysts raising forecasts — After the results, sell‑side analysts increased EPS and PT assumptions, reflecting Citi management’s progress on divestitures and return‑on‑equity goals (10–11%). Citigroup Analysts Boost Their Forecasts After Upbeat Q1 Results
• Positive Sentiment: Unusual options activity — Traders bought a large block of call options on Citi, suggesting speculative bullish positioning that can amplify short‑term upside. (Market flow note, see trading summaries.)
• Neutral Sentiment: IFC local‑currency facility — Citi and the IFC signed a ~1.6 billion rand (~$98M) borrowing facility to expand local‑currency financing in South Africa; a strategic business development but limited near‑term earnings impact. IFC, Citigroup sign $98 million local currency borrowing facility for South Africa
• Negative Sentiment: Private‑credit exposure disclosed — Citi reported about $22B of private‑credit exposure as part of industry disclosures (Wall Street banks total >$100B). That raises concentration and liquidity questions for investors, especially if credit stress or mark‑to‑market volatility grows. Citigroup Reports $22 Billion of Private-Credit Exposure
• Negative Sentiment: Regulatory risk on private credit — The U.S. Treasury is intensifying oversight and data requests for private‑credit firms; increased regulatory scrutiny could raise compliance costs or limit business models tied to that market. US Treasury Ramps Up Private Credit Oversight Efforts

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Morgan Stanley upped their price target on shares of Citigroup from $140.00 to $144.00 and gave the company an “overweight” rating in a report on Wednesday. Wolfe Research restated an “outperform” rating and set a $141.00 price target on shares of Citigroup in a report on Wednesday, January 7th. Jefferies Financial Group assumed coverage on shares of Citigroup in a report on Thursday, March 26th. They set a “buy” rating and a $135.00 price target for the company. Keefe, Bruyette & Woods upped their price target on shares of Citigroup from $131.00 to $140.00 and gave the company an “outperform” rating in a report on Wednesday. Finally, TD Cowen restated a “hold” rating on shares of Citigroup in a report on Wednesday, January 7th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $135.94.

Insider Buying and Selling at Citigroup

In other Citigroup news, insider Cantu Ernesto Torres sold 43,173 shares of Citigroup stock in a transaction on Friday, February 13th. The shares were sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the completion of the sale, the insider owned 45,835 shares of the company’s stock, valued at approximately $5,091,810.15. The trade was a 48.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.11% of the stock is currently owned by corporate insiders.

Citigroup Stock Performance

NYSE C opened at $131.83 on Thursday. The firm has a market cap of $226.08 billion, a price-to-earnings ratio of 16.34, a PEG ratio of 0.67 and a beta of 1.11. The company has a 50 day moving average of $114.11 and a 200-day moving average of $109.84. The company has a current ratio of 0.99, a quick ratio of 1.00 and a debt-to-equity ratio of 1.59. Citigroup Inc. has a 1-year low of $61.30 and a 1-year high of $132.86.

Citigroup (NYSE:C) last posted its quarterly earnings data on Tuesday, April 14th. The company reported $3.06 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.43. The company had revenue of $24.63 billion during the quarter, compared to analyst estimates of $22.96 billion. Citigroup had a net margin of 9.35% and a return on equity of 9.19%. The company’s revenue was up 14.1% on a year-over-year basis. During the same quarter last year, the business posted $1.96 earnings per share. On average, equities analysts forecast that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

Citigroup Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Investors of record on Monday, May 4th will be issued a $0.60 dividend. The ex-dividend date of this dividend is Monday, May 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.8%. Citigroup’s dividend payout ratio (DPR) is currently 34.43%.

Citigroup 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.