3 days Ago By ABMN Staff
Zions Bancorporation N.A. lessened its position in Citizens Financial Group, Inc.
( NYSE:CFG – Free Report ) by 20.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,024 shares of the bank’s stock after selling 271 shares during the quarter.
Zions Bancorporation N.A.’s holdings in Citizens Financial Group were worth $37,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds also recently made changes to their positions in the company. Cullen Frost Bankers Inc. boosted its holdings in shares of Citizens Financial Group by 12.
7% during the 2nd 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 in the last quarter.
Dorsey & Whitney Trust CO LLC boosted its holdings 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 worth $292,000 after acquiring an additional 305 shares in the last quarter.
Czech National Bank grew its stake in shares of Citizens Financial Group by 0.5% in the first quarter. Czech National Bank now owns 82,032 shares of the bank’s stock worth $2,977,000 after acquiring an additional 375 shares during the last quarter.
Texas Permanent School Fund Corp increased its holdings in shares of Citizens Financial Group by 0.4% during the first quarter. Texas Permanent School Fund Corp now owns 96,350 shares of the bank’s stock valued at $3,497,000 after acquiring an additional 382 shares in the last quarter.
Finally, Bleakley Financial Group LLC raised its position in shares of Citizens Financial Group by 3.6% in the 1st quarter. Bleakley Financial Group LLC now owns 11,027 shares of the bank’s stock worth $400,000 after purchasing an additional 385 shares during the last quarter.
94.90% of the stock is currently owned by institutional investors. Insiders Place Their Bets In other 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 directly owns 33,620 shares of the company’s stock, valued at approximately $1,454,401.20. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link .
Company insiders own 0.62% of the company’s stock. Analyst Upgrades and Downgrades Check Out Our Latest Report on CFG Citizens Financial Group Stock Performance CFG opened at $40.
09 on Monday. The company’s 50 day moving average is $40.71 and its 200 day moving average is $36.
85. The company has a current ratio of 0.87, a quick ratio of 0.
86 and a debt-to-equity ratio of 0.60. The company has a market cap of $17.
97 billion, a price-to-earnings ratio of 14.53, a PEG ratio of 1.42 and a beta of 1.
08. Citizens Financial Group, Inc. has a 12-month low of $22.
77 and a 12-month high of $43.96. Citizens Financial Group ( NYSE:CFG – Get Free Report ) last issued its quarterly earnings results on Wednesday, July 17th.
The bank reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.79 by ($0.
01). The business had revenue of $1.96 billion for the quarter, compared to analysts’ expectations of $1.
95 billion. Citizens Financial Group had a return on equity of 6.21% and a net margin of 10.
74%. The company’s revenue was down 6.3% compared to the same quarter last year.
During the same quarter in the prior year, the business earned $0.92 EPS. On average, equities research analysts predict that Citizens Financial Group, Inc.
will post 3.24 EPS for the current year. Citizens Financial Group Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Wednesday, August 14th.
Shareholders of record on Wednesday, July 31st were issued a dividend of $0.42 per share. This represents a $1.
68 annualized dividend and a yield of 4.19%. The ex-dividend date was Wednesday, July 31st.
Citizens Financial Group’s dividend payout ratio is presently 60.87%. About Citizens Financial Group ( 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 Articles Want to see what other hedge funds are holding CFG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Citizens Financial Group, Inc.
( NYSE:CFG – Free Report ). 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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