Citigroup Inc. $C Shares Bought by Blue Trust Inc.

Blue Trust Inc. grew its holdings in Citigroup Inc. (NYSE:C) by 109.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,793 shares of the company’s stock after buying an additional 9,832 shares during the quarter. Blue Trust Inc.’s holdings in Citigroup were worth $2,131,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Truist Financial Corp boosted its position in Citigroup by 4.7% during the fourth quarter. Truist Financial Corp now owns 375,977 shares of the company’s stock worth $43,873,000 after purchasing an additional 16,744 shares in the last quarter. Gunderson Capital Management Inc. purchased a new position in shares of Citigroup in the fourth quarter valued at $7,165,000. Brighton Jones LLC raised its stake in shares of Citigroup by 166.9% during the 4th quarter. Brighton Jones LLC now owns 19,990 shares of the company’s stock worth $1,407,000 after buying an additional 12,499 shares during the last quarter. UniSuper Management Pty Ltd raised its stake in shares of Citigroup by 38.8% during the 4th quarter. UniSuper Management Pty Ltd now owns 1,306,851 shares of the company’s stock worth $152,496,000 after buying an additional 365,041 shares during the last quarter. Finally, Nordea Investment Management AB boosted its position in shares of Citigroup by 11.8% in the 4th quarter. Nordea Investment Management AB now owns 7,986,407 shares of the company’s stock worth $933,891,000 after buying an additional 844,056 shares in the last quarter. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

Citigroup News Summary

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: All of the biggest U.S. banks cleared the Federal Reserve’s annual stress test, easing capital concerns and paving the way for potentially higher buybacks and dividends. Big Banks Pass Fed Stress Test, Paving Way for Payouts
• Positive Sentiment: Citi published a bullish earnings preview saying Citigroup heads into its next quarterly report with analysts expecting double-digit profit growth, which reinforces optimism ahead of results. Citigroup Earnings Preview: What to Expect
• Positive Sentiment: Citigroup also appeared in a report that it is helping underwrite Egyptian digital bank MNT-Halan’s planned IPO, highlighting continued investment-banking activity. Egyptian Digital Bank MNT-Halan Plans to Go Public
• Neutral Sentiment: A comparison article on Citigroup vs. Wells Fargo offered a general 2026 perspective on the two banks, but did not introduce a new stock-moving catalyst. Citigroup vs. Wells Fargo: Which Financial Stock Is a Better Buy in 2026?
• Neutral Sentiment: The broader market chatter around Micron and other chipmakers may have influenced sentiment indirectly, but it is not directly tied to Citigroup’s fundamentals. Micron is soaring after blowout earnings report. That’s good news for this other memory chipmaker, Citigroup says

Insider Activity at Citigroup

In related news, Director John Cunningham Dugan sold 2,117 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $125.30, for a total transaction of $265,260.10. Following the transaction, the director owned 12,194 shares of the company’s stock, valued at approximately $1,527,908.20. This represents a 14.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Edward Skyler sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $131.41, for a total transaction of $3,285,250.00. Following the sale, the insider owned 182,022 shares in the company, valued at approximately $23,919,511.02. This trade represents a 12.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.11% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on C shares. Piper Sandler reissued an “overweight” rating and issued a $145.00 price objective (up from $125.00) on shares of Citigroup in a research note on Wednesday, April 15th. Wall Street Zen raised shares of Citigroup from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Keefe, Bruyette & Woods increased their price target on shares of Citigroup from $140.00 to $153.00 and gave the company an “outperform” rating in a research report on Friday, May 8th. Wells Fargo & Company raised their price objective on shares of Citigroup from $162.00 to $165.00 and gave the stock an “overweight” rating in a research note on Thursday, June 18th. Finally, Evercore set a $139.00 price objective on Citigroup in a research report on Wednesday, April 15th. One research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $137.79.

Citigroup Trading Up 0.9%

Citigroup stock opened at $144.86 on Friday. The stock has a 50-day moving average price of $131.35 and a 200 day moving average price of $120.68. Citigroup Inc. has a 52 week low of $82.67 and a 52 week high of $147.96. The stock has a market cap of $247.07 billion, a PE ratio of 17.95, a P/E/G ratio of 0.62 and a beta of 1.12. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.59.

Citigroup (NYSE:C) last released its earnings results on Tuesday, April 14th. The company reported $3.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.63 by $0.43. Citigroup had a net margin of 9.35% and a return on equity of 9.19%. The company had revenue of $24.63 billion for the quarter, compared to analyst estimates of $22.96 billion. During the same period in the prior year, the firm earned $1.96 EPS. The firm’s quarterly revenue was up 14.1% on a year-over-year basis. Equities research analysts predict that Citigroup Inc. will post 10.72 earnings per share for the current fiscal year.

Citigroup declared that its board has authorized a stock buyback program on Thursday, May 7th that allows the company to buyback $30.00 billion in outstanding shares. This buyback authorization allows the company to purchase up to 13.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

Citigroup Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 22nd. Stockholders of record on Monday, May 4th were given a $0.60 dividend. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Monday, May 4th. Citigroup’s payout ratio is currently 29.74%.

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.