Fiera Capital Corp Increases Position in Citigroup Inc. $C

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Fiera Capital Corp significantly increased its stake in Citigroup Inc. by 53% in the third quarter, bringing its total holdings to 325,056 shares valued at $32.99 million. This increase comes as Citigroup reported strong EPS, announced a quarterly dividend of $0.60, and expects a $4 billion capital benefit from the sale of AO Citibank Russia, which will support future buybacks and dividends. The bank maintains a “Moderate Buy” consensus rating among analysts with a target price around $127.25.

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