Citizens Financial Group Inc (CFG) : Scout Investments scooped up 1,385,512 additional shares in Citizens Financial Group Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 3, 2016. The investment management firm now holds a total of 2,721,775 shares of Citizens Financial Group Inc which is valued at $60,124,010.Citizens Financial Group Inc makes up approximately 1.64% of Scout Investments’s portfolio.
Other Hedge Funds, Including , Municipal Employees’ Retirement System Of Michigan added CFG to its portfolio by purchasing 16,230 company shares during the most recent quarter which is valued at $358,521. Citizens Financial Group Inc makes up approx 0.02% of Municipal Employees’ Retirement System Of Michigan’s portfolio. Locust Wood Capital Advisers sold out all of its stake in CFG during the most recent quarter. The investment firm sold 791,005 shares of CFG which is valued $18,074,464.Advisory Services Network boosted its stake in CFG in the latest quarter, The investment management firm added 353 additional shares and now holds a total of 3,626 shares of Citizens Financial Group Inc which is valued at $85,646. Citizens Financial Group Inc makes up approx 0.02% of Advisory Services Network’s portfolio.
Citizens Financial Group Inc opened for trading at $21.94 and hit $22.52 on the upside on Tuesday, eventually ending the session at $22.36, with a gain of 2.33% or 0.51 points. The heightened volatility saw the trading volume jump to 1,01,59,336 shares. Company has a market cap of $11,828 M.
On the company’s financial health, Citizens Financial Group Inc reported $0.41 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Apr 21, 2016. Analyst had a consensus of $0.39. The company had revenue of $1234.00 million for the quarter, compared to analysts expectations of $1226.95 million. The company’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.39 EPS.
Citizens Financial Group Inc. is a retail bank holding company in the United States. The Company offers a range of retail and commercial banking products and services to individuals institutions and companies. The Company operates approximately 1200 branches in an 11-state footprint across the New England Mid-Atlantic and Midwest regions. The Company serves the financial needs of customers and prospects through its online telephone and mobile banking platforms. It also maintains over 100 retail and commercial non-branch offices located both in the Companys banking footprint and in eleven other states and the District of Columbia. The Company operates in two segments: Consumer Banking and Commercial Banking. The Companys subsidiaries are Citizens Bank N.A. (CBNA) and Citizens Bank of Pennsylvania (CBPA).