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Citigroup Stock Uptake by Kahn Brothers and Corient; Dividend Declared

Citigroup logoCitigroup
Sig1.60Sen+2.20Env0.00Soc0.00Gov0.00

Kahn Brothers Group Inc. bought 836,337 shares of Citigroup, while Corient Private Wealth LP increased its stake to 978,877 shares after buying 351,832 more. Citigroup reported quarterly revenue of $24.77B, versus $23.74B expected, and declared a quarterly dividend payable Aug. 28. Analyst commentary cited a Moderate Buy consensus and a $145.22 average target price.

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