Jupiter Topco LLC Purchases Shares of 266,427 Citigroup Inc. $C

Jupiter Topco LLC acquired a new stake in Citigroup Inc. (NYSE:C) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 266,427 shares of the company’s stock, valued at approximately $37,288,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Cora Capital Advisors LLC grew its stake in shares of Citigroup by 3.1% in the first quarter. Cora Capital Advisors LLC now owns 2,609 shares of the company’s stock worth $296,000 after purchasing an additional 78 shares during the last quarter. CFS Investment Advisory Services LLC raised its position in Citigroup by 0.4% during the 1st quarter. CFS Investment Advisory Services LLC now owns 20,596 shares of the company’s stock valued at $2,336,000 after purchasing an additional 79 shares during the last quarter. American Trust lifted its holdings in Citigroup by 3.6% in the 2nd quarter. American Trust now owns 2,331 shares of the company’s stock worth $326,000 after buying an additional 80 shares during the period. Verus Capital Partners LLC lifted its holdings in Citigroup by 3.1% in the 4th quarter. Verus Capital Partners LLC now owns 2,748 shares of the company’s stock worth $321,000 after buying an additional 82 shares during the period. Finally, Somerset Trust Co grew its position in shares of Citigroup by 0.6% in the 2nd quarter. Somerset Trust Co now owns 14,955 shares of the company’s stock worth $2,093,000 after buying an additional 82 shares during the last quarter. 71.72% of the stock is owned by institutional investors.

Citigroup Trading Down 0.6%

NYSE C opened at $132.80 on Friday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. Citigroup Inc. has a twelve month low of $92.96 and a twelve month high of $147.96. The firm has a market capitalization of $226.50 billion, a PE ratio of 14.34, a P/E/G ratio of 0.60 and a beta of 1.12. The stock’s 50 day moving average is $136.41 and its 200 day moving average is $126.76.

Citigroup (NYSE:C) last posted its quarterly earnings data on Tuesday, July 14th. The company reported $3.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.74 by $0.41. The business had revenue of $24.77 billion during the quarter, compared to the consensus estimate of $23.74 billion. Citigroup had a return on equity of 10.15% and a net margin of 10.23%.The firm’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.96 earnings per share. Research analysts forecast that Citigroup Inc. will post 11.2 earnings per share for the current fiscal year.

Citigroup declared that its Board of Directors has initiated a share repurchase plan on Thursday, May 7th that allows the company to buyback $30.00 billion in shares. This buyback authorization allows the company to repurchase up to 13.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Citigroup Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Monday, August 3rd will be given a $0.67 dividend. The ex-dividend date of this dividend is Monday, August 3rd. This represents a $2.68 dividend on an annualized basis and a dividend yield of 2.0%. This is a boost from Citigroup’s previous quarterly dividend of $0.60. Citigroup’s payout ratio is currently 28.94%.

Citigroup News Roundup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Strong Korean capital-markets outlook: Citi expects record capital issuance in South Korea during 2026 as deal activity accelerates. Greater investment-banking and underwriting volume could support fee revenue, although the benefit to Citigroup’s overall results is likely modest. Citi Expects Record Korea Capital Issuance in 2026 as Deals Jump
• Positive Sentiment: Potential benefit from firm interest rates: The Bank of Korea raised its benchmark rate to 3% and cited persistent inflation and solid growth. A higher-rate environment can support bank net interest income, though it may also increase credit and funding risks. Bank of Korea Raises Rates
• Neutral Sentiment: Research activity draws attention: Citi’s bullish call and 90-day catalyst watch on Oracle highlight ongoing demand for the bank’s equity-research and advisory services, but the news directly affects Oracle rather than Citigroup’s earnings. Citi Adds Oracle Catalyst Watch
• Neutral Sentiment: Healius ownership reduced: Citigroup entities exited substantial-holder status in Australian healthcare company Healius. The transaction appears to be a portfolio or client-position change, with no clear direct impact on C’s fundamentals. Citi Entities Exit Healius Holder Status
• Negative Sentiment: SEC investigation increases risk concerns: The SEC subpoenaed Citigroup, Goldman Sachs, JPMorgan and Bank of America over margin lending to hedge fund Situational Awareness, which suffered a 67% drawdown during an AI-stock sell-off. The subpoenas do not establish wrongdoing, but they raise concerns about leverage controls, potential client losses, regulatory costs and reputational damage. SEC Probe Puts Wall Street Leverage Risk Back in Focus

Analyst Upgrades and Downgrades

A number of brokerages recently commented on C. Truist Financial decreased their target price on Citigroup from $158.00 to $154.00 and set a “buy” rating for the company in a report on Wednesday, July 15th. Bank of America boosted their price objective on shares of Citigroup from $170.00 to $176.00 and gave the company a “buy” rating in a research report on Tuesday, July 7th. Weiss Ratings upgraded shares of Citigroup from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday. Oppenheimer cut shares of Citigroup from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 30th. Finally, Zacks Research raised shares of Citigroup from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $145.22.

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.