Amalgamated Bank Has $36.52 Million Stake in Citigroup Inc. $C
Amalgamated Bank reduced its stake in Citigroup Inc. by 2.5% in the third quarter, now holding 359,754 shares valued at $36.52 million. Despite Citigroup beating Q4 EPS expectations with a rebound in dealmaking, revenue missed estimates, and profit was impacted by a Russia-unit sale and planned job cuts. Analysts currently rate the stock as a "Moderate Buy" with an average target price of $124.65, while institutional investors own about 71.72% of the company's stock.
NOV 26·Zacks Commentary▲
Are Investors Undervaluing Amalgamated Financial ( AMAL ) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
NOV 10·Zacks Commentary▲
Is Amalgamated Financial ( AMAL ) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
