Atria Wealth Solutions Inc. has increased its stock position in
Citigroup Inc. to a value of $8.85 million. This comes as the
CEO of Citigroup has been in discussions with President
Trump regarding public offerings of Fannie and Freddie.
Citigroup's stock has been perceived as a
top dividend stock even with recent strategic hires for M&A activity and its global ranking dipping to fourth. Several organizations, including
Mutual of America Capital Management LLC and
Forsta AP Fonden have reduced their shares in Citigroup, while others like
AMF Tjanstepension AB,
Deutsche Bank AG and
Legacy Capital Group California Inc. increased their shares. Despite regulatory pressures, the stock has demonstrated an upward trend, receiving bullish comments from
Wells Fargo Analyst claiming it could rise another 50%. However, some analysts like Goldman Sachs Group Inc. decided to increase their stake in the company, showing confidence in Citigroup's future growth. The bank is also reportedly considering the launch of its own
stablecoin. According to Wall Street analysts, Citigroup's stock presents potential for strong price appreciation, partly propelled by a robust stock buyback plan.
Citigroup Stocks News Analytics from Tue, 15 Apr 2025 07:00:00 GMT to Sun, 10 Aug 2025 01:17:33 GMT -
Rating 5
- Innovation 1
- Information 5
- Rumor -2
