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Waterfront Wealth Inc. Decreases Stock Holdings in Citigroup Inc. $C
Waterfront Wealth Inc. significantly reduced its holdings in Citigroup Inc. during the fourth quarter, selling 9,265 shares to own 12,559 shares valued at $1.445 million. Despite this, Citigroup reported strong quarterly earnings, surpassing estimates with $3.06 EPS and $24.63 billion in revenue, and declared a $0.60 quarterly dividend. Institutional investors hold approximately 71.72% of the stock, and analysts maintain a “Moderate Buy” rating with a consensus price target of $135.94.