Citizens Financial Group Inc (NYSE:CFG) Shares Sold by Dalton Greiner Hartman Maher & Co.

Dalton Greiner Hartman Maher & Co. lessened its holdings in Citizens Financial Group Inc (NYSE:CFG) by 7.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 186,612 shares of the bank’s stock after selling 14,466 shares during the quarter. Dalton Greiner Hartman Maher & Co.’s holdings in Citizens Financial Group were worth $7,578,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Jane Street Group LLC increased its holdings in Citizens Financial Group by 1,805.9% in the 2nd quarter. Jane Street Group LLC now owns 45,741 shares of the bank’s stock worth $1,617,000 after buying an additional 43,341 shares during the period. Point72 Asset Management L.P. grew its stake in shares of Citizens Financial Group by 100.0% during the 2nd quarter. Point72 Asset Management L.P. now owns 1,205,478 shares of the bank’s stock worth $42,626,000 after purchasing an additional 602,666 shares during the period. Stifel Financial Corp grew its stake in shares of Citizens Financial Group by 13.7% during the 3rd quarter. Stifel Financial Corp now owns 460,201 shares of the bank’s stock worth $16,291,000 after purchasing an additional 55,308 shares during the period. Meag Munich Ergo Kapitalanlagegesellschaft MBH grew its stake in shares of Citizens Financial Group by 63.6% during the 3rd quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 30,013 shares of the bank’s stock worth $1,057,000 after purchasing an additional 11,667 shares during the period. Finally, Pictet Asset Management Ltd. grew its stake in shares of Citizens Financial Group by 7.4% during the 3rd quarter. Pictet Asset Management Ltd. now owns 252,419 shares of the bank’s stock worth $8,928,000 after purchasing an additional 17,300 shares during the period. Institutional investors own 95.71% of the company’s stock.

A number of equities research analysts have recently commented on CFG shares. JPMorgan Chase & Co. dropped their price objective on shares of Citizens Financial Group from $42.00 to $39.50 and set an “overweight” rating on the stock in a research note on Thursday, October 10th. ValuEngine cut shares of Citizens Financial Group from a “hold” rating to a “sell” rating in a research note on Tuesday, December 10th. Zacks Investment Research raised shares of Citizens Financial Group from a “strong sell” rating to a “hold” rating and set a $30.00 price objective on the stock in a research note on Wednesday, October 23rd. Barclays raised shares of Citizens Financial Group from an “equal weight” rating to an “overweight” rating and set a $49.00 price objective on the stock in a research note on Monday, January 6th. Finally, Morgan Stanley dropped their price objective on shares of Citizens Financial Group from $43.00 to $42.00 and set an “overweight” rating on the stock in a research note on Thursday, October 3rd. One analyst has rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the stock. Citizens Financial Group has a consensus rating of “Hold” and an average price target of $40.19.

Shares of NYSE:CFG opened at $38.98 on Thursday. Citizens Financial Group Inc has a 1 year low of $31.30 and a 1 year high of $40.92. The firm has a market capitalization of $17.39 billion, a price-to-earnings ratio of 10.95, a price-to-earnings-growth ratio of 2.35 and a beta of 1.50. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.97 and a quick ratio of 0.96. The business’s 50 day moving average price is $39.73 and its 200-day moving average price is $36.48.

Citizens Financial Group (NYSE:CFG) last announced its earnings results on Friday, October 18th. The bank reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.02. Citizens Financial Group had a return on equity of 8.85% and a net margin of 22.29%. The firm had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.62 billion. During the same quarter last year, the firm posted $0.93 EPS. The business’s revenue was up 4.7% on a year-over-year basis. On average, sell-side analysts expect that Citizens Financial Group Inc will post 3.81 earnings per share for the current year.

Citizens Financial Group Profile

Citizens Financial Group, Inc operates as the bank holding company for Citizens Bank, National Association and Citizens Bank of Pennsylvania that provides retail and commercial banking products and services in the United States. The company operates in two segments, Consumer Banking and Commercial Banking.

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Institutional Ownership by Quarter for Citizens Financial Group (NYSE:CFG)

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