Citizens Financial Group Inc (NYSE:CFG) Shares Bought by Janus Henderson Group PLC

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Janus Henderson Group PLC lifted its stake in Citizens Financial Group Inc (NYSE:CFG) by 30.8% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,493,533 shares of the bank’s stock after purchasing an additional 1,058,650 shares during the period. Janus Henderson Group PLC owned about 0.94% of Citizens Financial Group worth $174,800,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. First Mercantile Trust Co. acquired a new stake in Citizens Financial Group during the 2nd quarter worth $102,000. Migdal Insurance & Financial Holdings Ltd. boosted its stake in Citizens Financial Group by 8,430.3% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 2,815 shares of the bank’s stock worth $110,000 after purchasing an additional 2,782 shares during the last quarter. First Personal Financial Services acquired a new stake in Citizens Financial Group during the 1st quarter worth $112,000. Adviser Investments LLC acquired a new stake in Citizens Financial Group during the 1st quarter worth $155,000. Finally, Citizens Financial Group Inc RI boosted its stake in Citizens Financial Group by 255.4% during the 1st quarter. Citizens Financial Group Inc RI now owns 3,796 shares of the bank’s stock worth $159,000 after purchasing an additional 2,728 shares during the last quarter. Hedge funds and other institutional investors own 96.81% of the company’s stock.

Shares of Citizens Financial Group stock traded up $0.37 on Friday, reaching $40.14. 3,477,518 shares of the company were exchanged, compared to its average volume of 2,933,872. Citizens Financial Group Inc has a 1-year low of $34.42 and a 1-year high of $48.23. The company has a market cap of $19.21 billion, a PE ratio of 15.56, a P/E/G ratio of 0.54 and a beta of 1.37. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.98 and a current ratio of 0.98.

Citizens Financial Group (NYSE:CFG) last announced its quarterly earnings results on Friday, July 20th. The bank reported $0.88 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.86 by $0.02. The firm had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.51 billion. Citizens Financial Group had a return on equity of 7.59% and a net margin of 26.72%. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same period in the prior year, the company posted $0.63 earnings per share. sell-side analysts predict that Citizens Financial Group Inc will post 3.49 earnings per share for the current fiscal year.

CFG has been the topic of several analyst reports. ValuEngine lowered Citizens Financial Group from a “hold” rating to a “sell” rating in a report on Wednesday, July 4th. Zacks Investment Research lowered Citizens Financial Group from a “buy” rating to a “hold” rating in a report on Friday, June 22nd. Morgan Stanley boosted their price objective on shares of Citizens Financial Group from $52.00 to $53.00 and gave the company an “overweight” rating in a report on Thursday, May 31st. Finally, Robert W. Baird upgraded shares of Citizens Financial Group from a “neutral” rating to an “outperform” rating and set a $46.00 price objective on the stock in a report on Wednesday, May 30th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $46.40.

Citizens Financial Group Company Profile

Citizens Financial Group, Inc operates as the bank holding company for Citizens Bank, National Association and Citizens Bank of Pennsylvania that provide 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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