Third AP Fund Acquires 60,000 Shares of Citigroup Inc. $C

NodeGuardian · 2026-03-11T02:29:05+00:00

Third AP Fund boosted its Citigroup stake by 38.1%, acquiring 60,000 shares for a total value of $22.08 million. This comes after Citigroup's mixed earnings report and the sale of AO Citibank Russia, with a quarterly dividend of $0.60 announced. Analysts retain a "Moderate Buy" rating.

NodeGuardian

2026-03-11 02:29:05

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Third AP Fund increased its stake in Citigroup Inc. by 38.1% in the third quarter, purchasing an additional 60,000 shares to own a total of 217,559 shares valued at approximately $22.08 million. This acquisition follows Citigroup beating EPS estimates but missing revenue expectations, and coincides with the completion of the sale of AO Citibank Russia, which is expected to provide a significant capital benefit. The company also declared a quarterly dividend of $0.60 per share, and analysts maintain a “Moderate Buy” rating for the stock with an average price target of $127.25.

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