2 weeks Ago By Defense World Staff
DoubleLine ETF Adviser LP trimmed its stake in Citizens Financial Group, Inc. ( NYSE:CFG – Free Report ) by 4.8% during the second quarter, according to its most recent disclosure with the SEC.
The fund owned 8,501 shares of the bank’s stock after selling 430 shares during the quarter. DoubleLine ETF Adviser LP’s holdings in Citizens Financial Group were worth $306,000 as of its most recent SEC filing. A number of other hedge funds also recently added to or reduced their stakes in the stock.
Cullen Frost Bankers Inc. lifted its stake in Citizens Financial Group by 12.7% in the second quarter.
Cullen Frost Bankers Inc. now owns 2,344 shares of the bank’s stock valued at $84,000 after buying an additional 264 shares during the last quarter. Dorsey & Whitney Trust CO LLC lifted its stake in Citizens Financial Group by 3.
9% in the first quarter. Dorsey & Whitney Trust CO LLC now owns 8,046 shares of the bank’s stock valued at $292,000 after buying an additional 305 shares during the last quarter. Abich Financial Wealth Management LLC lifted its stake in Citizens Financial Group by 11.
5% in the second quarter. Abich Financial Wealth Management LLC now owns 3,250 shares of the bank’s stock valued at $117,000 after buying an additional 334 shares during the last quarter. Czech National Bank lifted its stake in Citizens Financial Group by 0.
5% in the first quarter. Czech National Bank now owns 82,032 shares of the bank’s stock valued at $2,977,000 after buying an additional 375 shares during the last quarter. Finally, Texas Permanent School Fund Corp lifted its stake in Citizens Financial Group by 0.
4% in the first quarter. Texas Permanent School Fund Corp now owns 96,350 shares of the bank’s stock valued at $3,497,000 after buying an additional 382 shares during the last quarter. 94.
90% of the stock is currently owned by institutional investors. Citizens Financial Group Trading Up 0.7 % Shares of CFG opened at $40.
51 on Friday. The business’s 50-day moving average price is $41.18 and its 200 day moving average price is $37.
28. The stock has a market capitalization of $18.43 billion, a P/E ratio of 14.
68, a P/E/G ratio of 1.43 and a beta of 1.08.
Citizens Financial Group, Inc. has a 1-year low of $22.77 and a 1-year high of $43.
96. The company has a current ratio of 0.87, a quick ratio of 0.
86 and a debt-to-equity ratio of 0.60. Citizens Financial Group Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Wednesday, August 14th.
Investors of record on Wednesday, July 31st were paid a $0.42 dividend. The ex-dividend date of this dividend was Wednesday, July 31st.
This represents a $1.68 dividend on an annualized basis and a yield of 4.15%.
Citizens Financial Group’s dividend payout ratio is currently 60.87%. Insider Buying and Selling at Citizens Financial Group In other Citizens Financial Group news, insider Craig Jack Read sold 3,938 shares of Citizens Financial Group stock in a transaction dated Thursday, July 25th.
The stock was sold at an average price of $43.26, for a total transaction of $170,357.88.
Following the transaction, the insider now owns 33,620 shares of the company’s stock, valued at approximately $1,454,401.20. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink .
Company insiders own 0.62% of the company’s stock. Analyst Ratings Changes A number of brokerages recently weighed in on CFG.
Raymond James began coverage on shares of Citizens Financial Group in a research note on Thursday, July 11th. They set a “market perform” rating on the stock. Stephens lifted their price objective on shares of Citizens Financial Group from $40.
00 to $42.00 and gave the company an “overweight” rating in a research note on Friday, July 19th. DA Davidson lifted their price objective on shares of Citizens Financial Group from $41.
00 to $46.00 and gave the company a “buy” rating in a research note on Thursday, July 18th. Morgan Stanley lifted their price objective on shares of Citizens Financial Group from $41.
00 to $50.00 and gave the company an “equal weight” rating in a research note on Monday, August 5th. Finally, Evercore ISI lifted their price objective on shares of Citizens Financial Group from $38.
00 to $39.00 and gave the company an “in-line” rating in a research note on Tuesday, June 25th. Ten investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock.
According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $42.20. Check Out Our Latest Stock Report on Citizens Financial Group Citizens Financial Group Profile ( Free Report ) Citizens Financial Group, Inc operates as the bank holding company that provides retail and commercial banking products and services to individuals, small businesses, middle-market companies, corporations, and institutions in the United States.
The company operates in two segments, Consumer Banking and Commercial Banking. Featured Stories Five stocks we like better than Citizens Financial Group Market Cap Calculator: How to Calculate Market Cap Rocket Lab Stock Soars: Should Investors Chase the Rally? How to Use Stock Screeners to Find Stocks KB Home Slips After Earnings: What’s Next for Homebuilders? What Are the FAANG Stocks and Are They Good Investments? Micron Stock Soars as AI Demand Fuels Big Q4 Earnings Beat Receive News & Ratings for Citizens Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Citizens Financial Group and related companies with MarketBeat.com's FREE daily email newsletter .
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