WINTON GROUP Ltd Has $4.43 Million Stock Position in Citizens Financial Group, Inc. $CFG

WINTON GROUP Ltd lessened its holdings in Citizens Financial Group, Inc. (NYSE:CFG) by 40.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund 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 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CFG. StoneX Group Inc. raised its holdings in Citizens Financial Group by 0.4% during the second quarter. StoneX Group Inc. now owns 60,307 shares of the bank’s stock valued at $2,699,000 after buying an additional 213 shares in the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Citizens Financial Group by 3.3% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 6,784 shares of the bank’s stock worth $361,000 after acquiring an additional 219 shares in the last quarter. Profund Advisors LLC boosted its stake in shares of Citizens Financial Group by 2.9% during the 3rd quarter. Profund Advisors LLC now owns 7,821 shares of the bank’s stock worth $416,000 after acquiring an additional 221 shares in the last quarter. Versant Capital Management Inc increased its holdings in shares of Citizens Financial Group by 4.9% during the 3rd quarter. Versant Capital Management Inc now owns 4,821 shares of the bank’s stock valued at $256,000 after acquiring an additional 224 shares during the last quarter. Finally, Gries Financial LLC increased its holdings in shares of Citizens Financial Group by 3.4% during the 3rd quarter. Gries Financial LLC now owns 7,331 shares of the bank’s stock valued at $390,000 after acquiring an additional 243 shares during the last quarter. 94.90% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. JPMorgan Chase & Co. boosted their target price on Citizens Financial Group from $62.50 to $71.00 and gave the stock an “overweight” rating in a report on Monday, February 9th. Royal Bank Of Canada increased their price target on Citizens Financial Group from $60.00 to $67.00 and gave the company an “outperform” rating in a report on Thursday, January 22nd. Jefferies Financial Group reissued a “buy” rating and issued a $80.00 price target on shares of Citizens Financial Group in a research report on Wednesday, January 21st. Robert W. Baird upgraded shares of Citizens Financial Group from a “neutral” rating to an “outperform” rating and set a $65.00 price objective for the company in a research note on Monday. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $73.00 price objective on shares of Citizens Financial Group in a report on Tuesday, January 6th. Twenty research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $69.95.

Citizens Financial Group Stock Up 0.3%

Shares of CFG opened at $58.19 on Tuesday. The company has a 50-day simple moving average of $62.51 and a 200-day simple moving average of $56.50. The firm has a market capitalization of $24.73 billion, a P/E ratio of 15.04, a P/E/G ratio of 0.47 and a beta of 0.70. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.84 and a current ratio of 0.85. Citizens Financial Group, Inc. has a 52 week low of $32.60 and a 52 week high of $68.79.

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

Citizens Financial Group Announces Dividend

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

Citizens Financial Group Company 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.