Nippon Life Global Investors Americas Inc. Has $69.81 Million Position in Citigroup Inc. $C

Nippon Life Global Investors Americas Inc. grew its position in Citigroup Inc. (NYSE:C) by 157.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 687,740 shares of the company’s stock after purchasing an additional 420,510 shares during the period. Citigroup comprises about 2.9% of Nippon Life Global Investors Americas Inc.’s portfolio, making the stock its 7th largest position. Nippon Life Global Investors Americas Inc.’s holdings in Citigroup were worth $69,806,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in C. FMB Wealth Management grew its holdings in shares of Citigroup by 4.1% in the third quarter. FMB Wealth Management now owns 2,618 shares of the company’s stock valued at $266,000 after acquiring an additional 103 shares in the last quarter. Tritonpoint Wealth LLC grew its stake in Citigroup by 2.1% in the 3rd quarter. Tritonpoint Wealth LLC now owns 4,989 shares of the company’s stock valued at $506,000 after purchasing an additional 104 shares during the period. Onyx Bridge Wealth Group LLC increased its position in shares of Citigroup by 3.6% during the 2nd quarter. Onyx Bridge Wealth Group LLC now owns 3,117 shares of the company’s stock valued at $265,000 after purchasing an additional 109 shares during the last quarter. Highline Wealth Partners LLC raised its stake in shares of Citigroup by 35.3% during the 3rd quarter. Highline Wealth Partners LLC now owns 418 shares of the company’s stock worth $42,000 after purchasing an additional 109 shares during the period. Finally, Fullcircle Wealth LLC boosted its holdings in shares of Citigroup by 0.9% in the 2nd quarter. Fullcircle Wealth LLC now owns 13,097 shares of the company’s stock worth $1,206,000 after buying an additional 111 shares during the last quarter. 71.72% of the stock is owned by institutional investors.

Analysts Set New Price Targets

C has been the topic of several research reports. Truist Financial lifted their price objective on shares of Citigroup from $123.00 to $129.00 and gave the stock a “buy” rating in a research report on Tuesday, January 6th. Royal Bank Of Canada restated an “outperform” rating and set a $121.00 price target on shares of Citigroup in a research note on Thursday. Morgan Stanley upped their price objective on Citigroup from $134.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday. Keefe, Bruyette & Woods raised their target price on Citigroup from $118.00 to $131.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 17th. Finally, TD Cowen upped their price target on Citigroup from $105.00 to $110.00 and gave the company a “hold” rating in a research report on Wednesday, October 15th. Fourteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $124.65.

Citigroup Trading Up 0.6%

NYSE:C opened at $118.21 on Friday. The company has a market cap of $211.51 billion, a PE ratio of 16.96, a price-to-earnings-growth ratio of 0.45 and a beta of 1.18. The company has a current ratio of 1.00, a quick ratio of 0.99 and a debt-to-equity ratio of 1.63. The company has a 50 day simple moving average of $110.67 and a two-hundred day simple moving average of $101.17. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $124.17.

Citigroup (NYSE:C) last issued its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, topping the consensus estimate of $1.65 by $0.16. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The company had revenue of $19.87 billion during the quarter, compared to analyst estimates of $20.99 billion. During the same quarter in the previous year, the company posted $1.34 earnings per share. Citigroup’s revenue was up 2.1% compared to the same quarter last year. Research analysts forecast that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Investors of record on Monday, February 2nd will be issued a $0.60 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.0%. Citigroup’s dividend payout ratio (DPR) is presently 34.43%.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Q4 EPS beat and dealmaking strength — Citi reported $1.81 EPS vs. $1.65 expected and management highlighted a rebound in investment banking and corporate client fees, which supports earnings momentum and valuation re-ratings. Citigroup profit beats estimates as dealmaking rebounds
• Positive Sentiment: Analyst support and price-target lifts — Several firms refreshed views after the quarter (Wolfe Research cited constructive subsector outlook; RBC reaffirmed an outperform). That analyst activity can provide near-term buy-side support. Wolfe Research Raises Citigroup PT RBC Reaffirms Outperform (Benzinga)
• Neutral Sentiment: Unusual options activity — Large call buying was observed (≈108,979 calls, ~34% above average). That’s a bullish short-term signal but could reflect hedging or speculative flow rather than firm fundamental conviction.
• Negative Sentiment: Revenue miss and one‑time Russia loss — Revenue missed Street estimates and reported profit was pulled down by a Russia‑unit sale; the WSJ noted the profit drop tied to that divestiture, which tempers the headline EPS beat. Citigroup’s Fourth Quarter Profit Drops After Russia Sale (WSJ)
• Negative Sentiment: Cost cuts and restructuring risk — CEO Jane Fraser signaled more job cuts and the firm is executing layoffs (1,000 announced this week; a broader plan targets many more), which could weigh on near‑term morale, execution risk and transition costs. Citigroup CEO Signals More Job Cuts (TipRanks)
• Negative Sentiment: Credit-card exposure and regulatory/sector headwinds — Commentaries flagged Citi’s consumer/credit-card exposures as a vulnerability and the broader bank sector saw selling after earnings amid valuation scrutiny and political talk of credit-rate caps, creating an ongoing overhang. Record earnings overshadowed by credit-card exposure (TipRanks) Bank Stocks Get Punished After Earnings (MarketBeat)

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.