WINTON GROUP Ltd Sells 57,713 Shares of Citizens Financial Group, Inc. $CFG

WINTON GROUP Ltd lowered its holdings in shares of Citizens Financial Group, Inc. (NYSE:CFG) by 40.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 83,373 shares of the bank’s stock after selling 57,713 shares during the period. WINTON GROUP Ltd’s holdings in Citizens Financial Group were worth $4,432,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. True Wealth Design LLC raised its stake in shares of Citizens Financial Group by 891.5% in the 3rd quarter. True Wealth Design LLC now owns 585 shares of the bank’s stock valued at $31,000 after buying an additional 526 shares in the last quarter. Capital A Wealth Management LLC boosted its position in shares of Citizens Financial Group by 3,970.0% during the 2nd quarter. Capital A Wealth Management LLC now owns 814 shares of the bank’s stock valued at $36,000 after acquiring an additional 794 shares in the last quarter. State of Wyoming bought a new stake in Citizens Financial Group in the second quarter valued at about $39,000. Kestra Investment Management LLC raised its position in Citizens Financial Group by 2,703.0% in the second quarter. Kestra Investment Management LLC now owns 925 shares of the bank’s stock worth $41,000 after purchasing an additional 892 shares in the last quarter. Finally, Elevation Point Wealth Partners LLC acquired a new position in Citizens Financial Group in the second quarter worth about $45,000. Institutional investors own 94.90% of the company’s stock.

Citizens Financial Group Trading Up 0.3%

CFG opened at $58.19 on Tuesday. The firm has a 50 day simple moving average of $62.51 and a 200 day simple moving average of $56.50. Citizens Financial Group, Inc. has a fifty-two week low of $32.60 and a fifty-two week high of $68.79. The company has a market cap of $24.73 billion, a price-to-earnings ratio of 15.04, a price-to-earnings-growth ratio of 0.47 and a beta of 0.70. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.85 and a quick ratio of 0.84.

Citizens Financial Group (NYSE:CFG) last released its earnings results on Wednesday, January 21st. The bank reported $1.13 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.02. The firm had revenue of $2.16 billion during the quarter, compared to analyst estimates of $2.16 billion. Citizens Financial Group had a net margin of 15.19% and a return on equity of 7.81%. The business’s quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.85 EPS. On average, sell-side analysts anticipate that Citizens Financial Group, Inc. will post 3.92 earnings per share for the current year.

Citizens Financial Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 18th. Shareholders of record on Wednesday, February 4th were issued a dividend of $0.46 per share. The ex-dividend date was Wednesday, February 4th. This represents a $1.84 dividend on an annualized basis and a yield of 3.2%. Citizens Financial Group’s dividend payout ratio (DPR) is 47.55%.

Wall Street Analyst Weigh In

CFG has been the topic of a number of recent research reports. Robert W. Baird raised Citizens Financial Group from a “neutral” rating to an “outperform” rating and set a $65.00 price objective on the stock in a report on Monday. Royal Bank Of Canada increased their target price on Citizens Financial Group from $60.00 to $67.00 and gave the stock an “outperform” rating in a report on Thursday, January 22nd. Jefferies Financial Group restated a “buy” rating and set a $80.00 target price on shares of Citizens Financial Group in a research report on Wednesday, January 21st. Argus boosted their price target on Citizens Financial Group from $60.00 to $72.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Finally, Weiss Ratings upgraded Citizens Financial Group from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, February 20th. Twenty analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $69.95.

Citizens Financial Group Profile

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.