Citigroup Inc. $C Shares Bought by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. raised its stake in Citigroup Inc. (NYSE:C) by 2.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 645,186 shares of the company’s stock after purchasing an additional 16,528 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Citigroup were worth $63,711,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Norges Bank acquired a new stake in shares of Citigroup during the second quarter valued at about $2,455,929,000. Bank of New York Mellon Corp raised its stake in Citigroup by 17.6% during the third 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 buying an additional 4,211,099 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in Citigroup by 47.4% in the second quarter. Canada Pension Plan Investment Board now owns 4,334,407 shares of the company’s stock worth $368,945,000 after purchasing an additional 1,393,865 shares during the period. Natixis grew its holdings in shares of Citigroup by 382.7% during the second quarter. Natixis now owns 1,523,782 shares of the company’s stock valued at $129,704,000 after purchasing an additional 1,208,089 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its stake in Citigroup by 63.3% in the second quarter. Robeco Institutional Asset Management B.V. now owns 3,085,496 shares of the company’s stock valued at $262,637,000 after buying an additional 1,195,950 shares during the last quarter. Institutional investors and hedge funds own 71.72% of the company’s stock.

Citigroup Price Performance

Shares of C opened at $114.25 on Thursday. The firm has a market capitalization of $204.42 billion, a PE ratio of 16.39, a PEG ratio of 0.73 and a beta of 1.18. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 0.99. Citigroup Inc. has a fifty-two week low of $55.51 and a fifty-two week high of $124.17. The company’s 50-day moving average is $112.98 and its 200-day moving average is $102.72.

Citigroup (NYSE:C) last posted its quarterly earnings data on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.16. The firm had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The company’s revenue was up 2.1% on a year-over-year basis. During the same quarter last year, the company earned $1.34 EPS. Equities analysts forecast 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. Investors of record on Monday, February 2nd will be given a dividend of $0.60 per share. The ex-dividend date is Monday, February 2nd. This represents a $2.40 annualized dividend and a dividend yield of 2.1%. Citigroup’s dividend payout ratio is presently 34.43%.

Wall Street Analyst Weigh In

Several research analysts have commented on C shares. Morgan Stanley raised their target price on shares of Citigroup from $134.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. Weiss Ratings reissued a “buy (b)” rating on shares of Citigroup in a research report on Wednesday, January 21st. TD Cowen reissued a “hold” rating on shares of Citigroup in a research report on Wednesday, January 7th. Bank of America lifted their price target on shares of Citigroup from $115.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Finally, Barclays raised their price objective on shares of Citigroup from $115.00 to $146.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. One equities 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 stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $125.56.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Planned layoffs and cost reductions: Citigroup is moving forward with more layoffs in March as part of a broader 20,000‑job reduction through 2026 under CEO Jane Fraser’s restructuring. Investors view the cuts as a path to lower expenses and support for the bank’s dividend and margins. More Layoffs Are Coming at Citigroup in March
• Positive Sentiment: Drop in short interest reduces near‑term downside pressure: Short interest in C fell about 12.7% in January, lowering the risk of short‑squeeze volatility and removing a source of selling pressure. (internal report)
• Positive Sentiment: AI upskilling program aims to improve productivity: CEO Jane Fraser said Citigroup is training roughly 175,000 employees to adapt to AI-driven role changes — a signal investors interpret as management investment in efficiency and digital transformation. Citigroup CEO AI training story
• Neutral Sentiment: Participation notifications / filings: Citigroup released participation notifications (regulatory/ownership filings) in Brussels — routine disclosures that add transparency but are not an immediate earnings driver. Participation notifications by Citigroup Inc.
• Neutral Sentiment: Fed holds rates steady: The Fed’s decision to pause rate moves keeps the macro backdrop stable for banks; it limits headline uncertainty but keeps NIM (net interest margin) expectations unchanged for now. Fed holds rates steady
• Negative Sentiment: Legal and reputational risks: A former Citigroup managing director pleaded guilty in a serious criminal case, which is a reputational negative for the firm and could invite regulatory or cultural scrutiny. Ex-Citi managing director pleads guilty
• Negative Sentiment: Harassment lawsuit dispute remains an overhang: Citigroup has rejected harassment claims against a top executive and is pushing to move the matter to arbitration — the company’s defense may limit immediate financial impact, but unresolved legal exposure and governance questions could weigh on sentiment. Citigroup rejects harassment claims

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.