Core Capital Management & Research inc. Purchases New Shares in Citigroup Inc. $C

Core Capital Management & Research inc. acquired a new stake in Citigroup Inc. (NYSE:C) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,000 shares of the company’s stock, valued at approximately $658,000.

A number of other large investors have also modified their holdings of the company. Paladin Partners LLC acquired a new stake in shares of Citigroup during the 2nd quarter valued at about $27,000. Pin Oak Investment Advisors Inc. purchased a new position in shares of Citigroup in the 2nd quarter valued at about $29,000. Mcguire Capital Advisors Inc. acquired a new position in Citigroup in the 4th quarter worth about $25,000. Whipplewood Advisors LLC purchased a new position in Citigroup during the first quarter worth approximately $25,000. Finally, TD Capital Management LLC purchased a new position in Citigroup during the fourth quarter worth approximately $28,000. Institutional investors and hedge funds own 71.72% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on C shares. Oppenheimer cut Citigroup from an “outperform” rating to a “market perform” rating in a research report on Tuesday, June 30th. Argus set a $150.00 price objective on shares of Citigroup in a research report on Wednesday, July 15th. Evercore set a $143.00 target price on shares of Citigroup in a research report on Monday, July 6th. Royal Bank Of Canada restated an “outperform” rating and set a $150.00 price target on shares of Citigroup in a research report on Wednesday, July 15th. Finally, Morgan Stanley lifted their price objective on Citigroup from $154.00 to $164.00 and gave the stock an “overweight” rating in a report on Monday, June 29th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Citigroup has an average rating of “Moderate Buy” and a consensus price target of $145.22.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Private-bank expansion: Citi Private Bank hired Teresa Radzinski from Bank of America to strengthen relationships with ultra-high-net-worth clients. The move could support growth in deposits, lending and wealth-management fees. Citi Private Bank hires Radzinski from Bank of America
• Positive Sentiment: Tokenized deposits: Citi plans to introduce a tokenized-deposit service for Japanese businesses, extending its blockchain-based payments capabilities into a major corporate market. The initiative could create new transaction revenue and improve payment efficiency, although commercial benefits may take time to develop. Citi plans to bring tokenized deposit service to Japanese businesses
• Positive Sentiment: Cross-border payments milestone: Citi and DBS completed a live Singapore-to-U.S. dollar payment using tokenized bank deposits and SWIFT’s blockchain-based Digital Ledger. The transaction reinforces Citi’s positioning in faster, around-the-clock institutional payments. DBS and Citi bring 24/7 tokenized dollar payments to SWIFT’s blockchain ledger
• Positive Sentiment: Bullish investment view: A Wall Street-focused analysis highlighted Citi’s restructuring progress and argued that the stock’s valuation has not fully reflected the improvement. Such commentary may reinforce investor confidence in management’s turnaround strategy. Citigroup’s restructuring is working, and valuation has not caught up
• Neutral Sentiment: Citi hosted presentations from biotechnology companies at its 2026 Biopharma Back to School Summit. The event supports Citi’s investment-banking and research franchise but is unlikely to materially affect near-term earnings. Seaport Therapeutics presents at Citi’s Biopharma Back to School Summit

Citigroup Trading Up 0.9%

Shares of C opened at $137.91 on Thursday. Citigroup Inc. has a 52-week low of $93.66 and a 52-week high of $147.96. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.71. The firm’s fifty day moving average is $135.05 and its two-hundred day moving average is $128.02. The stock has a market cap of $235.21 billion, a PE ratio of 14.89, a price-to-earnings-growth ratio of 0.62 and a beta of 1.12.

Citigroup (NYSE:C) last issued its earnings results on Tuesday, July 14th. The company reported $3.15 EPS for the quarter, beating analysts’ consensus estimates of $2.74 by $0.41. The business had revenue of $24.77 billion during the quarter, compared to analysts’ expectations of $23.74 billion. Citigroup had a net margin of 10.23% and a return on equity of 10.15%. The company’s quarterly revenue was up 14.5% compared to the same quarter last year. During the same period in the prior year, the business earned $1.96 earnings per share. Research analysts forecast that Citigroup Inc. will post 11.21 earnings per share for the current fiscal year.

Citigroup Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Monday, August 3rd were paid a dividend of $0.67 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a $2.68 annualized dividend and a yield of 1.9%. This is a boost from Citigroup’s previous quarterly dividend of $0.60. Citigroup’s dividend payout ratio is currently 28.94%.

Citigroup Profile

Citigroup Inc (NYSE:C) is a global financial services company headquartered in New York City. Through its businesses, Citi provides banking, lending, credit card, wealth management, investment banking, securities, markets and treasury services to individuals, businesses, financial institutions and governments.

The company’s operations include U.S. Personal Banking, which offers consumer banking, credit cards and lending products; Wealth Management, which serves affluent and high-net-worth clients; and its Institutional Clients Group, which provides investment banking, corporate banking, markets, securities services and transaction banking.