Fort Washington Investment Advisors Inc. OH Acquires 11,507 Shares of Citigroup Inc. $C

Fort Washington Investment Advisors Inc. OH raised its stake in shares of Citigroup Inc. (NYSE:C) by 2.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 554,526 shares of the company’s stock after purchasing an additional 11,507 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Citigroup were worth $56,284,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank purchased a new position in Citigroup during the second quarter valued at $2,455,929,000. Amundi raised its holdings in Citigroup by 78.4% in the 1st quarter. Amundi now owns 13,713,517 shares of the company’s stock worth $973,523,000 after acquiring an additional 6,026,268 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Citigroup by 52.8% during the first quarter. AQR Capital Management LLC now owns 6,621,300 shares of the company’s stock valued at $456,737,000 after purchasing an additional 2,286,653 shares in the last quarter. Swedbank AB boosted its holdings in shares of Citigroup by 14.8% during the 2nd quarter. Swedbank AB now owns 10,906,386 shares of the company’s stock valued at $928,352,000 after acquiring an additional 1,406,624 shares during the last quarter. Finally, Canada Pension Plan Investment Board boosted its holdings in Citigroup by 47.4% in the second quarter. Canada Pension Plan Investment Board now owns 4,334,407 shares of the company’s stock worth $368,945,000 after purchasing an additional 1,393,865 shares during the last quarter. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Citigroup Stock Performance

Shares of C stock opened at $118.05 on Tuesday. The firm has a market cap of $211.22 billion, a price-to-earnings ratio of 16.58, a PEG ratio of 0.60 and a beta of 1.21. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.62. Citigroup Inc. has a 52-week low of $55.51 and a 52-week high of $122.84. The company’s 50 day moving average is $105.45 and its 200 day moving average is $97.59.

Citigroup (NYSE:C) last issued its quarterly earnings data on Tuesday, October 14th. The company reported $2.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.35. The company had revenue of $22.09 billion for the quarter, compared to the consensus estimate of $20.92 billion. Citigroup had a return on equity of 7.91% and a net margin of 8.73%.The firm’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.51 earnings per share. On average, sell-side analysts anticipate that Citigroup Inc. will post 7.53 EPS for the current fiscal year.

Citigroup Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, November 26th. Stockholders of record on Monday, November 3rd were issued a dividend of $0.60 per share. This represents a $2.40 annualized dividend and a dividend yield of 2.0%. The ex-dividend date was Monday, November 3rd. Citigroup’s dividend payout ratio is currently 33.71%.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi research remains a market voice on digital assets — Citi analysts’ high-profile Bitcoin forecast (a $143k 12‑month call) keeps the bank visible to institutional crypto flows and highlights potential fee/research upside if institutional crypto adoption accelerates. This can support revenue from markets/research and help long-term sentiment. Citigroup’s $143K Bitcoin Call for 2026—Bull, Base, and Bear Scenarios Explained
• Neutral Sentiment: Broader crypto and fintech trends — industry notes that institutional adoption of crypto is expected to continue in 2026, which is a thematic tailwind for banks that expand custody, trading, or prime-brokerage services. Impact on Citi depends on execution and regulatory clarity. Cantor Fitzgerald Expects Institutional Adoption of Crypto to Continue in 2026
• Neutral Sentiment: Non-core holdings trimmed — Citigroup group entities have ceased being substantial holders in a couple of Australian names, reflecting portfolio/market-making activity rather than company fundamentals. Minimal direct impact on Citi’s stock. Citi Group Entities Cease to Be Substantial Holders in Inghams Group Citigroup Entities Exit Substantial Holder Position in IPH Ltd
• Negative Sentiment: Confirmed sale of AO Citibank in Russia — Citigroup’s board approved selling its remaining Russian unit to Renaissance Capital and said the deal will produce a roughly $1.2 billion pre‑tax loss in the current quarter. That creates an immediate earnings hit, pressures quarterly EPS, and is the principal reason for today’s weaker share price. Citigroup board approves sale of Russia unit AO Citibank, flags $1.2 billion loss
• Negative Sentiment: Media confirmation and impact framing — The Wall Street Journal corroborates the sale and the ~ $1.2B pretax charge in Q4, reinforcing investor focus on the near‑term hit to reported earnings and capital metrics. Citigroup to Sell Remaining Business Operating in Russia
• Negative Sentiment: Relative underperformance — Market commentary notes Citigroup shares are underperforming competitors today, amplifying selling pressure and suggesting investors are rotating away from Citi into other banks or financials perceived to have cleaner near‑term earnings outlooks. Citigroup Inc. stock underperforms Monday when compared to competitors

Wall Street Analysts Forecast Growth

Several research firms have recently commented on C. Piper Sandler set a $118.00 price target on shares of Citigroup in a research report on Wednesday, December 10th. Dbs Bank cut Citigroup from a “moderate buy” rating to a “hold” rating in a research report on Monday, September 22nd. Bank of America lifted their price target on shares of Citigroup from $115.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Citigroup in a report on Wednesday, October 8th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $121.00 price target on shares of Citigroup in a research report on Wednesday, December 17th. Thirteen research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Citigroup presently has an average rating of “Moderate Buy” and an average price target of $114.50.

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.