Truist Securities Initiates Coverage of Citigroup (WBAG:CITI) with Buy Recommendation

Fintel reports that on January 7, 2025, Truist Securities initiated coverage of Citigroup (WBAG:CITI) with a Buy recommendation.

What is the Fund Sentiment?

There are 2,874 funds or institutions reporting positions in Citigroup. This is an increase of 32 owner(s) or 1.13% in the last quarter. Average portfolio weight of all funds dedicated to CITI is -3.28%, an increase of 723.73%. Total shares owned by institutions increased in the last three months by 1.24% to 1,598,462K shares.

What are Other Shareholders Doing?

AT:CITI / Citigroup Inc. Shares Held by Institutions

VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 56,443K shares representing 2.98% ownership of the company. In its prior filing, the firm reported owning 57,213K shares , representing a decrease of 1.36%. The firm decreased its portfolio allocation in CITI by 8.60% over the last quarter.

Berkshire Hathaway holds 55,245K shares representing 2.92% ownership of the company. No change in the last quarter.

VFINX - Vanguard 500 Index Fund Investor Shares holds 48,965K shares representing 2.59% ownership of the company. In its prior filing, the firm reported owning 48,956K shares , representing an increase of 0.02%. The firm decreased its portfolio allocation in CITI by 9.20% over the last quarter.

Geode Capital Management holds 39,920K shares representing 2.11% ownership of the company. In its prior filing, the firm reported owning 39,128K shares , representing an increase of 1.98%. The firm decreased its portfolio allocation in CITI by 7.19% over the last quarter.

Price T Rowe Associates holds 37,747K shares representing 2.00% ownership of the company. In its prior filing, the firm reported owning 35,722K shares , representing an increase of 5.36%. The firm increased its portfolio allocation in CITI by 0.29% over the last quarter.

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This story originally appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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