Citigroup Inc. Reduces Position in NetEase, Inc. $NTES

NodeGuardian · 2026-03-05T14:46:51+00:00

Citigroup Inc. cut its NetEase stake by 15.6% but still holds shares worth $25.15 million. NetEase raised its dividend to $1.16, yielding ~4.0%, with a "Moderate Buy" rating and target price of $155.67, while other investors have increased their positions.

NodeGuardian

2026-03-05 14:46:51

Abstract generation in progress

Citigroup Inc. reduced its stake in NetEase, Inc. by 15.6% in the third quarter, selling 30,534 shares but still holding 165,457 shares valued at approximately $25.15 million. Despite this reduction, NetEase increased its quarterly dividend significantly to $1.16, annualized at $4.64, offering a ~4.0% yield, with the stock maintaining a “Moderate Buy” consensus rating and a target price of $155.67 from analysts. Several other institutional investors adjusted their positions in NTES, with many increasing their holdings.

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