BlueCrest Capital Management Ltd reduced its position in shares of Citigroup Inc. (NYSE:C – Free Report) by 93.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,164 shares of the company’s stock after selling 252,440 shares during the quarter. BlueCrest Capital Management Ltd’s holdings in Citigroup were worth $2,402,000 as of its most recent SEC filing.
A number of other institutional investors have also recently modified their holdings of the business. California State Teachers Retirement System raised its holdings in Citigroup by 12,834.2% in the 2nd quarter. California State Teachers Retirement System now owns 360,205,535 shares of the company’s stock worth $50,414,367,000 after purchasing an additional 357,420,622 shares during the period. Norges Bank purchased a new position in Citigroup during the fourth quarter worth approximately $2,800,944,000. Bank of New York Mellon Corp acquired a new stake in Citigroup in the second quarter valued at approximately $3,244,602,000. Nykredit A S purchased a new stake in shares of Citigroup in the second quarter valued at approximately $458,275,000. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in shares of Citigroup in the fourth quarter valued at approximately $298,082,000. 71.72% of the stock is currently owned by institutional investors and hedge funds.
Citigroup Stock Up 0.9%
NYSE C opened at $137.91 on Thursday. Citigroup Inc. has a one year low of $93.66 and a one year high of $147.96. The company has a market cap of $235.21 billion, a P/E ratio of 14.89, a P/E/G ratio of 0.62 and a beta of 1.12. The business has a fifty day moving average price of $135.05 and a 200 day moving average price of $128.02. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 0.99.
Citigroup Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Monday, August 3rd were issued a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Monday, August 3rd. This is a positive change from Citigroup’s previous quarterly dividend of $0.60. Citigroup’s payout ratio is currently 28.94%.
Citigroup News Roundup
Here are the key news stories impacting Citigroup this week:
- Positive Sentiment: Private-bank expansion: Citi Private Bank hired Teresa Radzinski from Bank of America to strengthen relationships with ultra-high-net-worth clients. The move could support growth in deposits, lending and wealth-management fees. Citi Private Bank hires Radzinski from Bank of America
- Positive Sentiment: Tokenized deposits: Citi plans to introduce a tokenized-deposit service for Japanese businesses, extending its blockchain-based payments capabilities into a major corporate market. The initiative could create new transaction revenue and improve payment efficiency, although commercial benefits may take time to develop. Citi plans to bring tokenized deposit service to Japanese businesses
- Positive Sentiment: Cross-border payments milestone: Citi and DBS completed a live Singapore-to-U.S. dollar payment using tokenized bank deposits and SWIFT’s blockchain-based Digital Ledger. The transaction reinforces Citi’s positioning in faster, around-the-clock institutional payments. DBS and Citi bring 24/7 tokenized dollar payments to SWIFT’s blockchain ledger
- Positive Sentiment: Bullish investment view: A Wall Street-focused analysis highlighted Citi’s restructuring progress and argued that the stock’s valuation has not fully reflected the improvement. Such commentary may reinforce investor confidence in management’s turnaround strategy. Citigroup’s restructuring is working, and valuation has not caught up
- Neutral Sentiment: Citi hosted presentations from biotechnology companies at its 2026 Biopharma Back to School Summit. The event supports Citi’s investment-banking and research franchise but is unlikely to materially affect near-term earnings. Seaport Therapeutics presents at Citi’s Biopharma Back to School Summit
Wall Street Analysts Forecast Growth
C has been the topic of a number of recent analyst reports. Wells Fargo & Company increased their target price on Citigroup from $162.00 to $165.00 and gave the company an “overweight” rating in a research report on Thursday, June 18th. Royal Bank Of Canada restated an “outperform” rating and set a $150.00 price objective on shares of Citigroup in a research report on Wednesday, July 15th. JPMorgan Chase & Co. increased their price objective on shares of Citigroup from $135.50 to $149.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Evercore set a $143.00 target price on shares of Citigroup in a research report on Monday, July 6th. Finally, Wall Street Zen cut shares of Citigroup from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Citigroup currently has a consensus rating of “Moderate Buy” and a consensus price target of $145.22.
Get Our Latest Stock Analysis on Citigroup
About Citigroup
Citigroup Inc (NYSE:C) is a global financial services company headquartered in New York City. Through its businesses, Citi provides banking, lending, credit card, wealth management, investment banking, securities, markets and treasury services to individuals, businesses, financial institutions and governments.
The company’s operations include U.S. Personal Banking, which offers consumer banking, credit cards and lending products; Wealth Management, which serves affluent and high-net-worth clients; and its Institutional Clients Group, which provides investment banking, corporate banking, markets, securities services and transaction banking.
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