Andra AP fonden Sells 58,000 Shares of Citigroup Inc. $C

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Andra AP fonden reduced its stake in Citigroup Inc. by 15.7% in the third quarter, selling 58,000 shares and now owning 311,000 worth over $31 million. Other institutional investors also adjusted their positions in the company, with 71.72% of the stock owned by institutional investors and hedge funds. Citigroup recently reported strong earnings, beating analyst estimates, and announced a quarterly dividend of $0.60 per share.

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