Citigroup Stock Uptake by Kahn Brothers and Corient; Dividend Declared
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.