Nisa Investment Advisors LLC Cuts Holdings in Citigroup Inc. $C

Nisa Investment Advisors LLC reduced its position in Citigroup Inc. (NYSE:C) by 6.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 555,382 shares of the company’s stock after selling 37,610 shares during the period. Nisa Investment Advisors LLC’s holdings in Citigroup were worth $56,371,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in C. Vanguard Group Inc. increased its stake in Citigroup by 0.7% in the 2nd quarter. Vanguard Group Inc. now owns 165,851,890 shares of the company’s stock worth $14,117,313,000 after acquiring an additional 1,148,451 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Citigroup by 1.0% in the second quarter. Geode Capital Management LLC now owns 42,957,190 shares of the company’s stock valued at $3,645,084,000 after purchasing an additional 411,894 shares in the last quarter. Franklin Resources Inc. increased its position in Citigroup by 2.2% in the second quarter. Franklin Resources Inc. now owns 32,290,532 shares of the company’s stock worth $2,748,571,000 after purchasing an additional 679,967 shares during the last quarter. Fisher Asset Management LLC raised its stake in Citigroup by 3.2% during the second quarter. Fisher Asset Management LLC now owns 32,161,457 shares of the company’s stock valued at $2,737,583,000 after purchasing an additional 988,152 shares in the last quarter. Finally, Norges Bank purchased a new stake in Citigroup during the second quarter valued at $2,455,929,000. 71.72% of the stock is owned by institutional investors.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Heavy institutional options activity suggests bullish bets on C, with reports of smart‑money call buying and large option positions that signal traders expect further upside. Smart Money Is Betting Big In Citigroup Options
• Positive Sentiment: Wall Street and the financial press highlight Citi’s re‑rating from deep value to a more normal bank multiple — coverage credits improved profitability, management execution on the transformation, and a higher P/TBV multiple as reasons the stock can keep rallying. How Citigroup Stock Got Out of the Discount Bin
• Positive Sentiment: Media endorsement: high‑profile commentators (e.g., Jim Cramer) are publicly bullish on Citi’s ongoing turnaround, which can attract retail flows and reinforce positive sentiment. Jim Cramer Says Citigroup Will “Continue Its Resurrection From the Dead”
• Positive Sentiment: Macro tailwind: at least one Fed governor has advocated sizable rate cuts this year, a development traders interpret as supportive for cyclical risk assets and bank lending/markets activity, helping sentiment for bank stocks including Citi. Fed’s Miran wants rate cuts of 150 basis points in 2026 to boost jobs
• Positive Sentiment: Company/region outlook: Citigroup projects strong deal activity in Asia‑Pacific for 2026, which supports fee income prospects and offsets pressure in other businesses. Citigroup predicts strong deal activity in 2026 in Asia Pacific
• Neutral Sentiment: Earnings preview/expectations: analysts and previews note Citi is set to report next week with Wall Street expecting earnings growth — the setup supports the rally but some coverage warns the “easy” value trade has narrowed. Citigroup (C) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Analyst/market commentary: pieces note Citi’s strong 2025 rally (~65% last year) and a re‑rating, but also flag that valuation has moved to a fairer level — implying less obvious upside from here without continued execution. This Dividend Stock Gained 66% Last Year. Is The 2026 Forecast as Bright?
• Neutral Sentiment: Business initiatives: Citi is rolling out content and client engagement (e.g., a new podcast on digital assets with PYMNTS), which supports thought leadership and corporate positioning but has limited near‑term earnings impact. Citi and PYMNTS Launch ‘From the Block’ Podcast

Citigroup Trading Down 0.7%

C opened at $120.53 on Friday. The stock has a market cap of $215.66 billion, a price-to-earnings ratio of 16.93, a P/E/G ratio of 0.47 and a beta of 1.18. The stock’s 50 day moving average price is $108.76 and its 200-day moving average price is $99.64. Citigroup Inc. has a one year low of $55.51 and a one year high of $124.17. The company has a debt-to-equity ratio of 1.62, a quick ratio of 0.99 and a current ratio of 0.99.

Citigroup (NYSE:C) last issued its quarterly earnings results on Tuesday, October 14th. The company reported $2.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $20.92 billion. During the same period last year, the company earned $1.51 EPS. Citigroup’s quarterly revenue was up 9.3% compared to the same quarter last year. On average, equities analysts forecast that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Announces Dividend

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

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. upgraded shares of Citigroup from a “neutral” rating to an “overweight” rating and boosted their target price for the stock from $107.00 to $124.00 in a report on Friday, December 12th. Bank of America lifted their price target on Citigroup from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. TD Cowen upped their price objective on Citigroup from $105.00 to $110.00 and gave the company a “hold” rating in a research report on Wednesday, October 15th. Barclays raised their price objective on Citigroup from $115.00 to $146.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Citigroup in a research report on Wednesday, October 8th. Fourteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $118.94.

Citigroup Company 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.