Candriam S.C.A. Has $23.56 Million Stock Position in Citigroup Inc. $C

Candriam S.C.A. boosted its holdings in Citigroup Inc. (NYSE:C) by 3.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 232,098 shares of the company’s stock after buying an additional 7,496 shares during the quarter. Candriam S.C.A.’s holdings in Citigroup were worth $23,558,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new stake in Citigroup in the second quarter valued at approximately $2,455,929,000. Bank of New York Mellon Corp lifted its stake in shares of Citigroup by 17.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 28,125,995 shares of the company’s stock valued at $2,854,788,000 after acquiring an additional 4,211,099 shares during the last quarter. Bessemer Group Inc. boosted its holdings in shares of Citigroup by 6,172.0% during the 3rd quarter. Bessemer Group Inc. now owns 2,904,795 shares of the company’s stock valued at $294,838,000 after acquiring an additional 2,858,481 shares in the last quarter. Canada Pension Plan Investment Board grew its position in Citigroup by 47.4% during the 2nd quarter. Canada Pension Plan Investment Board now owns 4,334,407 shares of the company’s stock worth $368,945,000 after acquiring an additional 1,393,865 shares during the last quarter. Finally, Natixis increased its holdings in Citigroup by 382.7% in the 2nd quarter. Natixis now owns 1,523,782 shares of the company’s stock worth $129,704,000 after purchasing an additional 1,208,089 shares in the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on C. HSBC reissued a “buy” rating and set a $87.00 price target on shares of Citigroup in a research note on Wednesday, January 7th. The Goldman Sachs Group lifted 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. Wells Fargo & Company set a $150.00 target price on shares of Citigroup in a report on Monday, January 5th. Zacks Research raised shares of Citigroup from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 22nd. Finally, Oppenheimer lifted their price target on shares of Citigroup from $141.00 to $144.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $126.19.

Citigroup Trading Up 0.9%

C opened at $123.84 on Tuesday. Citigroup Inc. has a twelve month low of $55.51 and a twelve month high of $125.16. The company has a fifty day moving average of $115.69 and a 200-day moving average of $104.23. The stock has a market cap of $221.58 billion, a PE ratio of 17.77, a price-to-earnings-growth ratio of 0.78 and a beta of 1.18. The company has a quick ratio of 0.99, a current ratio of 1.00 and a debt-to-equity ratio of 1.63.

Citigroup (NYSE:C) last issued its quarterly earnings results on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, beating analysts’ consensus estimates of $1.65 by $0.16. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The business had revenue of $19.87 billion for the quarter, compared to analysts’ expectations of $20.99 billion. During the same quarter in the prior year, the firm posted $1.34 earnings per share. The business’s quarterly revenue was up 2.1% compared to the same quarter last year. On average, sell-side analysts predict that Citigroup Inc. will post 7.53 EPS for the current year.

Citigroup Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Monday, February 2nd will be issued a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Monday, February 2nd. Citigroup’s payout ratio is presently 34.43%.

Key Stories Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: JPMorgan raised its price target on Citigroup to $134 and kept an “overweight” rating — a bullish analyst call that supports further upside from current levels and likely helped buying interest. JPMorgan Raises PT
• Positive Sentiment: Momentum: Citi shares reached a 52‑week high recently, signaling strong market sentiment and technical buying that often attracts momentum and institutional flows. Citigroup 52-Week High
• Positive Sentiment: Investment-banking deal flow: Citigroup is a joint global coordinator on the UI Boustead REIT Singapore IPO — underwriting roles like this generate fees and reflect ongoing capital markets activity that benefits bank revenue. UI Boustead REIT IPO
• Neutral Sentiment: Capital structure watch: Recent coverage highlights how new preferred-stock and bond issuances are reshaping Citi’s capital mix — this affects valuation and capital-return optionality but isn’t an immediate earnings event. Investors should monitor issuance size/timing and any changes to buyback/dividend plans. Citigroup Valuation / Capital Mix
• Neutral Sentiment: Research activity and positioning: Citi research has taken visible stances (e.g., bullish coverage on MicroStrategy and coverage changes on other names). These reflect the bank’s flow and research revenue but do not directly move Citi’s own stock materially. Citi Research on MicroStrategy
• Neutral Sentiment: Portfolio repositioning: Citigroup entities have notified they ceased being substantial holders in IDP Education (Australia) — a routine desk/inventory move that signals active balance-sheet/position management rather than a company fundamental change. Citi Ceases To Be Substantial Holder

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.