World Equity Group Inc. and various other asset management companies have increased their positions in Citigroup Inc. (NYSE:C), buying and investing millions. On the other hand, some entities such as PSI Advisors LLC have lowered their position. Citigroup's shares were also purchased by advisor resource council and new holders such as IL&FS Fund. However, Berkshire Hathaway has exited Citi, cut other names, and focused on a high-yield investment instead.
Citigroup has been making strategic moves, snapping up 1M Metaplanet Shares and targeting a surge in M&A stocks. They also issued a positive forecast for Vertiv's stock price. Negative highlights include a downgrade of Sherwin-Williams’ stock and cutting S&P 500 target over tariff concerns, along with a full redemption of Series P Preferred Stock. Moreover, there's a certain level of uncertainty with analysts having contrasting views about whether Citigroup's stock is a good investment right now.
Citigroup is expanding into new sectors, announcing a partnership with Carlyle on asset-backed lending and identifying Broadcom as a reliable stock for robust profits. Finally, Citigroup has recently raised loan loss provisions and announced plans to exit the consumer banking business in Poland.
Citigroup Stocks News Analytics from Mon, 10 Mar 2025 07:00:00 GMT to Sat, 21 Jun 2025 10:47:19 GMT -
Rating 3
- Innovation 2
- Information 6
- Rumor -2
