Waverly Advisors LLC Sells 21,044 Shares of Citigroup Inc. $C

Waverly Advisors LLC reduced its stake in Citigroup Inc. by 12.2% during the second quarter, selling 21,044 shares but still holding 150,991 shares valued at $21.1 million. Despite this sale, institutional investors collectively own 71.72% of Citigroup. The bank recently reported strong quarterly results, beating analyst expectations for EPS and revenue, increased its dividend, and maintains a "Moderate Buy" consensus rating from analysts, though some concerns exist regarding slowing capital-mar