Exxonmobil Investment Management Inc. TX decreased its stake in Citizens Financial Group Inc. (NYSE:CFG) by 3.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 132,640 shares of the company’s stock after selling 4,287 shares during the period. Exxonmobil Investment Management Inc. TX’s holdings in Citizens Financial Group were worth $3,278,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Tower Research Capital LLC TRC boosted its stake in Citizens Financial Group by 927.3% in the second quarter. Tower Research Capital LLC TRC now owns 5,239 shares of the company’s stock valued at $105,000 after buying an additional 4,729 shares during the last quarter. Point72 Asset Management L.P. acquired a new stake in Citizens Financial Group during the second quarter valued at $110,000. Capital Analysts LLC boosted its stake in Citizens Financial Group by 2,002.7% in the second quarter. Capital Analysts LLC now owns 1,535 shares of the company’s stock valued at $111,000 after buying an additional 1,462 shares during the last quarter. Acrospire Investment Management LLC boosted its stake in Citizens Financial Group by 90.1% in the second quarter. Acrospire Investment Management LLC now owns 6,465 shares of the company’s stock valued at $129,000 after buying an additional 3,065 shares during the last quarter. Finally, Point72 Asia Hong Kong Ltd acquired a new stake in Citizens Financial Group during the second quarter valued at $142,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

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

Shares of Citizens Financial Group Inc. (NYSE:CFG) traded up 1.92% during mid-day trading on Tuesday, reaching $32.39. The company’s stock had a trading volume of 5,712,861 shares. The firm has a market cap of $16.78 billion, a price-to-earnings ratio of 17.60 and a beta of 1.10. The company’s 50-day moving average is $27.85 and its 200 day moving average is $24.08. Citizens Financial Group Inc. has a 12 month low of $18.04 and a 12 month high of $32.63.

Citizens Financial Group (NYSE:CFG) last posted its quarterly earnings data on Friday, October 21st. The company reported $0.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.49 by $0.03. Citizens Financial Group had a net margin of 17.53% and a return on equity of 4.88%. The company earned $1.38 billion during the quarter, compared to the consensus estimate of $1.31 billion. During the same period in the previous year, the firm posted $0.40 EPS. The firm’s revenue was up 14.1% compared to the same quarter last year. On average, equities analysts anticipate that Citizens Financial Group Inc. will post $1.93 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 16th. Stockholders of record on Wednesday, November 2nd were issued a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.48%. The ex-dividend date of this dividend was Monday, October 31st. Citizens Financial Group’s dividend payout ratio is currently 25.95%.

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CFG has been the subject of several recent analyst reports. Citigroup Inc. upped their target price on Citizens Financial Group from $23.00 to $26.00 in a research note on Thursday, September 8th. Oppenheimer Holdings Inc. set a $25.00 price target on shares of Citizens Financial Group and gave the stock a “buy” rating in a report on Friday, October 21st. Zacks Investment Research upgraded shares of Citizens Financial Group from a “hold” rating to a “buy” rating and set a $30.00 price target for the company in a report on Tuesday, November 1st. TheStreet upgraded shares of Citizens Financial Group from a “hold” rating to a “buy” rating in a report on Friday, September 23rd. Finally, Sandler O’Neill downgraded shares of Citizens Financial Group from a “buy” rating to a “hold” rating and set a $31.00 price target for the company. in a report on Monday, November 14th. Ten analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $29.67.

Citizens Financial Group Company Profile

Citizens Financial Group, Inc is a retail bank holding company in the United States. The Company offers a range of retail and commercial banking products and services to individuals, institutions and companies. The Company operates in two segments: Consumer Banking and Commercial Banking. The Company’s Consumer Banking serves retail customers and small businesses.

5 Day Chart for NYSE:CFG

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