WINTON GROUP Ltd raised its stake in shares of Citigroup Inc. (NYSE:C – Free Report) by 177.5% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 81,738 shares of the company’s stock after acquiring an additional 52,280 shares during the quarter. WINTON GROUP Ltd’s holdings in Citigroup were worth $11,440,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in the stock. Whipplewood Advisors LLC bought a new position in Citigroup during the first quarter valued at about $25,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of Citigroup during the 4th quarter worth approximately $25,000. Paladin Partners LLC bought a new stake in shares of Citigroup during the second quarter valued at approximately $27,000. TD Capital Management LLC bought a new stake in shares of Citigroup during the fourth quarter valued at approximately $28,000. Finally, IMG Wealth Management Inc. raised its stake in shares of Citigroup by 197.6% in the first quarter. IMG Wealth Management Inc. now owns 244 shares of the company’s stock valued at $28,000 after purchasing an additional 162 shares in the last quarter. Institutional investors own 71.72% of the company’s stock.
Citigroup News Roundup
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 Stock Up 0.9%
Citigroup (NYSE:C – Get Free Report) last announced its earnings results 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. Citigroup had a net margin of 10.23% and a return on equity of 10.15%. The business had revenue of $24.77 billion during the quarter, compared to analysts’ expectations of $23.74 billion. During the same quarter last year, the company posted $1.96 EPS. The firm’s revenue for the quarter was up 14.5% on a year-over-year basis. Equities research analysts predict that Citigroup Inc. will post 11.21 earnings per share for the current fiscal year.
Citigroup Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Monday, August 3rd were paid a $0.67 dividend. This represents a $2.68 dividend on an annualized basis and a dividend yield of 1.9%. This is an increase from Citigroup’s previous quarterly dividend of $0.60. The ex-dividend date was Monday, August 3rd. Citigroup’s dividend payout ratio is presently 28.94%.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on the stock. Zacks Research upgraded shares of Citigroup from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 16th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $150.00 price objective on shares of Citigroup in a report on Wednesday, July 15th. Morgan Stanley lifted their target price on shares of Citigroup from $154.00 to $164.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. Wall Street Zen lowered shares of Citigroup from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Finally, Truist Financial cut their price target on shares of Citigroup from $158.00 to $154.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $145.22.
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.
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