Citigroup Inc. $C Position Trimmed by Pzena Investment Management LLC

Pzena Investment Management LLC trimmed its position in Citigroup Inc. (NYSE:C) by 7.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,532,003 shares of the company’s stock after selling 1,042,697 shares during the period. Citigroup comprises about 4.1% of Pzena Investment Management LLC’s portfolio, making the stock its 3rd largest holding. Pzena Investment Management LLC owned approximately 0.68% of Citigroup worth $1,271,998,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. MJP Associates Inc. ADV raised its holdings in shares of Citigroup by 4.7% during the third quarter. MJP Associates Inc. ADV now owns 3,548 shares of the company’s stock valued at $360,000 after acquiring an additional 159 shares during the last quarter. Syon Capital LLC increased its position in shares of Citigroup by 46.4% during the third quarter. Syon Capital LLC now owns 12,472 shares of the company’s stock worth $1,266,000 after purchasing an additional 3,951 shares in the last quarter. Advisors Capital Management LLC raised its stake in Citigroup by 0.6% in the 3rd quarter. Advisors Capital Management LLC now owns 1,202,999 shares of the company’s stock valued at $122,104,000 after purchasing an additional 7,409 shares during the last quarter. Waycross Partners LLC raised its stake in Citigroup by 2.1% in the 3rd quarter. Waycross Partners LLC now owns 412,964 shares of the company’s stock valued at $41,916,000 after purchasing an additional 8,634 shares during the last quarter. Finally, Hodges Capital Management Inc. lifted its holdings in Citigroup by 0.9% in the 3rd quarter. Hodges Capital Management Inc. now owns 69,324 shares of the company’s stock valued at $7,036,000 after purchasing an additional 605 shares in the last quarter. 71.72% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, insider Cantu Ernesto Torres sold 43,173 shares of the firm’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the completion of the transaction, the insider directly owned 45,835 shares in the company, valued at $5,091,810.15. This trade represents a 48.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.08% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on C shares. Truist Financial upped their price objective on shares of Citigroup from $123.00 to $129.00 and gave the company a “buy” rating in a research note on Tuesday, January 6th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $121.00 price target on shares of Citigroup in a report on Thursday, January 15th. The Goldman Sachs Group upped their target price on Citigroup from $113.00 to $127.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. Barclays lifted their price target on Citigroup from $115.00 to $146.00 and gave the stock an “overweight” rating in a report on Monday, January 5th. Finally, Keefe, Bruyette & Woods boosted their price target on shares of Citigroup from $118.00 to $131.00 and gave the company an “outperform” rating in a research report on Wednesday, December 17th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $127.25.

Citigroup Trading Up 2.2%

NYSE C opened at $116.30 on Thursday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.00 and a quick ratio of 0.99. The stock has a market capitalization of $208.08 billion, a P/E ratio of 16.69, a PEG ratio of 0.73 and a beta of 1.18. The firm’s 50-day moving average is $116.61 and its two-hundred day moving average is $105.14. Citigroup Inc. has a 12 month low of $55.51 and a 12 month high of $125.16.

Citigroup (NYSE:C) last announced its earnings results on Wednesday, January 14th. The company reported $1.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.16. Citigroup had a return on equity of 8.28% and a net margin of 8.50%.The company had revenue of $19.87 billion for the quarter, compared to analyst estimates of $20.99 billion. During the same quarter in the previous year, the company earned $1.34 earnings per share. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. On average, sell-side analysts anticipate that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Monday, February 2nd will be paid a $0.60 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a $2.40 dividend on an annualized basis and a dividend yield of 2.1%. Citigroup’s payout ratio is presently 34.43%.

Key Headlines Impacting Citigroup

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citigroup completed the sale of its former Russian unit, marking a full exit from Russia and removing an ongoing geopolitical and operational overhang — the deal is expected to be broadly neutral to capital but eliminates execution and sanctions risk that weighed on the stock. Citigroup exits Russia after sale of former subsidiary
• Positive Sentiment: Management is accelerating strategic exits, job cuts and asset sales to target 10–11% ROTCE and stronger revenue growth by end-2026 — a clearer refocus on capital returns and efficiency that supports higher valuation multiple if execution continues. Citigroup’s Strategic Refocus Targets Higher Returns by 2026
• Positive Sentiment: Commentary on the pullback (shares ~11% below 2026 highs) highlights Citigroup’s 2.1% dividend yield and frames the decline as a buying opportunity for income investors — that narrative can attract demand from dividend-oriented funds. Is This Dividend Stock a Buy Now After Falling Over 11% from Its 2026 Highs?
• Neutral Sentiment: General pieces assessing Citigroup as a dividend/high-growth dividend candidate highlight the stock’s yield and growth prospects but are more educational than catalytic — useful for positioning but unlikely to drive a major intraday move by themselves. Are You Looking for a High-Growth Dividend Stock?
• Negative Sentiment: A crypto-focused write-up flags risk around a large BitMine position tied to Citigroup (reported as a 540% exposure in secondary coverage), which could raise questions about trading or non-core exposures if confirmed — note this is speculative coverage and may increase short-term headline risk. Citigroup’s 540% BitMine Bet Meets Breakdown Risk — Where Is the BMNR Price Headed?

Citigroup 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.