Nexus Investment Management ULC Has $48.93 Million Stock Position in Citigroup Inc. $C

Nexus Investment Management ULC decreased its position in Citigroup Inc. (NYSE:C) by 3.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 482,048 shares of the company’s stock after selling 15,925 shares during the period. Citigroup accounts for 6.9% of Nexus Investment Management ULC’s investment portfolio, making the stock its 4th biggest holding. Nexus Investment Management ULC’s holdings in Citigroup were worth $48,928,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Citizens Financial Group Inc. RI lifted its holdings in Citigroup by 78.1% during the third quarter. Citizens Financial Group Inc. RI now owns 229,091 shares of the company’s stock worth $23,253,000 after acquiring an additional 100,486 shares during the period. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new stake in shares of Citigroup during the 3rd quarter valued at $666,000. Tema Etfs LLC bought a new stake in shares of Citigroup during the 3rd quarter worth $3,339,000. Towercrest Capital Management increased its holdings in Citigroup by 36.8% during the third quarter. Towercrest Capital Management now owns 3,439 shares of the company’s stock worth $349,000 after buying an additional 925 shares during the last quarter. Finally, Warwick Investment Management Inc. purchased a new position in Citigroup in the third quarter valued at about $227,000. Hedge funds and other institutional investors own 71.72% of the company’s stock.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Some analysts and commentators are asking whether Citigroup is a buy after its big run, pointing to improving fundamentals and continued investor interest that have supported the rally. Is Citigroup Stock a Buy Now?
• Positive Sentiment: A complementary piece examines whether Citi remains attractive after the rally—coverage like this can sustain buying interest as investors re‑assess valuation vs. peers. Is Citigroup Stock a Buy Now?
• Neutral Sentiment: Citi is on the radar ahead of Q4 results; preview coverage reminds investors that quarterly results and guidance will be a key near‑term catalyst. Earnings expectations are already baked into the recent run. Sify Technologies, Boot Barn Holdings And 3 Stocks To Watch Heading Into Monday
• Neutral Sentiment: TV and media coverage (e.g., Jim Cramer) is highlighting Citi — such attention can increase flow and volatility but doesn’t necessarily change fundamentals. Jim Cramer Discusses Citigroup (C) in Detail
• Negative Sentiment: Major downward pressure came after President Trump proposed a one‑year cap on credit‑card interest rates at 10%; markets treated the plan as a regulatory risk for card issuers, sending Citi and other big banks lower in premarket trading. Banks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit
• Negative Sentiment: Broader coverage framed the proposal as prompting “panic” across financials; headlines alone can amplify short‑term selling even before any policy details or legislative feasibility are known. Citi, JPMorgan, American Express Stocks Drop. Trump’s Credit Card Plan Sparks Panic.

Wall Street Analyst Weigh In

C has been the topic of a number of research reports. Keefe, Bruyette & Woods lifted their price target on shares of Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a report on Wednesday, December 17th. HSBC restated a “buy” rating and issued a $87.00 target price on shares of Citigroup in a research note on Wednesday. JPMorgan Chase & Co. upgraded Citigroup from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $107.00 to $124.00 in a research note on Friday, December 12th. Oppenheimer lowered their price objective on Citigroup from $123.00 to $120.00 and set an “outperform” rating on the stock in a research note on Wednesday, November 19th. Finally, The Goldman Sachs Group increased their target price on shares of Citigroup from $113.00 to $127.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Fourteen equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $118.94.

Citigroup Stock Up 0.6%

Shares of NYSE C opened at $121.33 on Monday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.62. The company has a market cap of $217.08 billion, a P/E ratio of 17.04, a P/E/G ratio of 0.47 and a beta of 1.18. Citigroup Inc. has a 52 week low of $55.51 and a 52 week high of $124.17. The business has a 50-day simple moving average of $109.15 and a two-hundred day simple moving average of $100.18.

Citigroup (NYSE:C) last announced its quarterly earnings results on Tuesday, October 14th. The company reported $2.24 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.35. Citigroup had a return on equity of 7.91% and a net margin of 8.73%.The firm had revenue of $22.09 billion for the quarter, compared to analysts’ expectations of $20.92 billion. During the same period in the prior year, the business posted $1.51 earnings per share. The company’s revenue was up 9.3% on a year-over-year basis. Research analysts anticipate that Citigroup Inc. will post 7.53 earnings per share for the current fiscal year.

About Citigroup

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.