Xponance Inc. Cuts Holdings in Citigroup Inc. $C

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Xponance Inc. decreased its stake in Citigroup Inc. by 3.4% during the third quarter, while several other institutional investors either increased or initiated positions in the company. Citigroup’s stock saw an increase of 1.6% and the company recently declared a quarterly dividend of $0.60 per share. Analysts have a “Moderate Buy” rating on the stock with an average target price of $127.25, though recent insider activity shows a sale of shares by an executive.

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