Citigroup Inc. $C is Deprince Race & Zollo Inc.'s 6th Largest Position

Key Points

• Deprince Race & Zollo increased its stake in Citigroup to 691,760 shares, making the stock its 6th largest position worth about $80.7 million (1.5% of the fund's holdings).
• Analyst sentiment has turned positive with several price-target raises (Barclays to $146, Goldman to $137) and a MarketBeat consensus of Moderate Buy with a $127.41 target.
• Near-term catalysts and risks: Citigroup reports Q1 earnings on April 14, management cites AI-driven efficiency gains for account opening and legacy modernization, but regulators have flagged potential cyber/AI model risks that could raise costs.

Deprince Race & Zollo Inc. increased its holdings in shares of Citigroup Inc. (NYSE:C - Free Report) by 1.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 691,760 shares of the company's stock after purchasing an additional 8,947 shares during the period. Citigroup makes up 1.5% of Deprince Race & Zollo Inc.'s holdings, making the stock its 6th biggest position. Deprince Race & Zollo Inc.'s holdings in Citigroup were worth $80,721,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Hardman Johnston Global Advisors LLC purchased a new position in shares of Citigroup during the fourth quarter worth $23,274,000. Burney Co. raised its holdings in shares of Citigroup by 1.8% during the fourth quarter. Burney Co. now owns 66,179 shares of the company's stock worth $7,722,000 after purchasing an additional 1,202 shares during the last quarter. U.S. Capital Wealth Advisors LLC raised its holdings in shares of Citigroup by 26.9% during the fourth quarter. U.S. Capital Wealth Advisors LLC now owns 49,020 shares of the company's stock worth $5,720,000 after purchasing an additional 10,381 shares during the last quarter. TCV Trust & Wealth Management Inc. raised its holdings in shares of Citigroup by 12.6% during the fourth quarter. TCV Trust & Wealth Management Inc. now owns 2,502 shares of the company's stock worth $292,000 after purchasing an additional 280 shares during the last quarter. Finally, Choreo LLC raised its holdings in shares of Citigroup by 1.4% during the fourth quarter. Choreo LLC now owns 69,941 shares of the company's stock worth $8,198,000 after purchasing an additional 968 shares during the last quarter. Hedge funds and other institutional investors own 71.72% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Barclays raised their target price on shares of Citigroup from $115.00 to $146.00 and gave the stock an "overweight" rating in a report on Monday, January 5th. Keefe, Bruyette & Woods lifted their price objective on shares of Citigroup from $118.00 to $131.00 and gave the company an "outperform" rating in a report on Wednesday, December 17th. The Goldman Sachs Group lifted their price objective on shares of Citigroup from $123.00 to $137.00 and gave the company a "buy" rating in a report on Monday, April 6th. UBS Group reaffirmed a "neutral" rating and issued a $132.00 price objective on shares of Citigroup in a report on Thursday, January 15th. Finally, TD Cowen reaffirmed a "hold" rating on shares of Citigroup in a report on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, Citigroup has a consensus rating of "Moderate Buy" and a consensus price target of $127.41.

Key Citigroup News

Here are the key news stories impacting Citigroup this week:

• Positive Sentiment: Citi highlights cost and efficiency gains from AI: management says AI has cut account‑opening times (about 1 hour) and is being used to modernize legacy systems — a tangible cost/productivity catalyst that can support margins and customer onboarding growth. Citigroup using AI to speed account openings
• Positive Sentiment: Street support: Goldman Sachs recently raised its price target on C to $137 (Buy), signaling analyst optimism into the April earnings print and providing upside to sentiment/flows. Goldman Sachs Raises Citigroup (C) Target Ahead of Q1 Banking Readout
• Positive Sentiment: Research/product tailwind: Citi published a bullish ETF market outlook (U.S. ETF AUM could top $25T by 2030) — a thematic win for prime brokerage, markets, custody and fee pools where Citi participates. Citi sees US ETF assets topping $25 trillion by 2030 as active funds gain ground
• Neutral Sentiment: Q1 earnings calendar risk/reward: Citigroup reports Q1 results on April 14; consensus expectations and preview pieces highlight strong revenue/profit momentum but also flag items investors will watch (trading revenue, investment banking, expenses). Earnings are the immediate catalyst. Citigroup Set to Report Q1 Earnings: How to Approach the Stock Now?
• Neutral Sentiment: Price action context: the shares recently hit a 52‑week high — momentum that can amplify both buying and near‑term profit‑taking ahead of the print. Citigroup stock reaches 52-week high at 125.17 USD
• Neutral Sentiment: Analyst model tweaks: some firms (e.g., Erste Group) have nudged FY26 estimates higher, reflecting improved revenue mix and rate environment — supports the case for modest upward revisions but not guaranteed until earnings/guidance. Citigroup FY2026 EPS Estimate Raised by Erste Group Bank
• Negative Sentiment: Cyber/AI model risk flagged by regulators: U.S. Treasury and Fed held an “urgent” meeting with major banks about potential cyber threats tied to advanced AI models (Anthropic’s Mythos). Heightened regulatory scrutiny and security spend could raise costs and operational risk. Feds Warn Major Banks of Anthropic Mythos Cyber Threat
• Negative Sentiment: Macro and credit watch: previews and analyst notes flag rising costs and potential asset‑quality pressures (loan loss trends, regional exposures, and rate‑sensitive credit) as key downsides that could weigh on near‑term results and multiple expansion. What Can Investors Expect from Bank Earnings?

Citigroup Stock Down 0.1%

C opened at $124.32 on Monday. Citigroup Inc. has a fifty-two week low of $59.92 and a fifty-two week high of $125.48. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.00 and a current ratio of 1.00. The company has a fifty day moving average of $113.39 and a two-hundred day moving average of $109.33. The stock has a market capitalization of $213.20 billion, a price-to-earnings ratio of 17.84, a PEG ratio of 0.64 and a beta of 1.11.

Citigroup (NYSE:C - Get Free Report) last released its earnings results on Wednesday, January 14th. The company reported $1.81 EPS for the quarter, topping analysts' consensus estimates of $1.65 by $0.16. The business had revenue of $19.87 billion during the quarter, compared to analysts' expectations of $20.99 billion. Citigroup had a net margin of 8.50% and a return on equity of 8.28%. The company's quarterly revenue was up 2.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.34 earnings per share. On average, research analysts expect that Citigroup Inc. will post 7.53 earnings per share for the current year.

Citigroup Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Monday, May 4th will be paid a dividend of $0.60 per share. The ex-dividend date of this dividend is Monday, May 4th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 1.9%. Citigroup's payout ratio is currently 34.43%.

Insider Activity at Citigroup

In other news, insider Cantu Ernesto Torres sold 43,173 shares of the business's stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $111.09, for a total transaction of $4,796,088.57. Following the completion of the sale, the insider owned 45,835 shares of the company's stock, valued at $5,091,810.15. The trade was a 48.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.11% of the stock is owned by corporate insiders.

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.

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