Citizens Financial Group Inc (CFG) : Yg Partners scooped up 111,000 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 13, 2016. The investment management firm now holds a total of 541,000 shares of Citizens Financial Group Inc which is valued at $11.6 Million.Citizens Financial Group Inc makes up approximately 7.36% of Yg Partners’s portfolio.
Other Hedge Funds, Including , Renaissance Technologies added CFG to its portfolio by purchasing 1,612,136 company shares during the most recent quarter which is valued at $34.5 Million. Citizens Financial Group Inc makes up approx 0.07% of Renaissance Technologies’s portfolio. Guardian Life Insurance Co Of America added CFG to its portfolio by purchasing 1,952 company shares during the most recent quarter which is valued at $41,773. Citizens Financial Group Inc makes up approx 0.01% of Guardian Life Insurance Co Of America’s portfolio. Gsa Capital Partners Llp sold out all of its stake in CFG during the most recent quarter. The investment firm sold 10,477 shares of CFG which is valued $224,208. Trexquant Investment Lp added CFG to its portfolio by purchasing 54,700 company shares during the most recent quarter which is valued at $1.2 Million. Citizens Financial Group Inc makes up approx 0.14% of Trexquant Investment Lp’s portfolio.Pzena Investment Management boosted its stake in CFG in the latest quarter, The investment management firm added 16,625 additional shares and now holds a total of 2,091,046 shares of Citizens Financial Group Inc which is valued at $46.2 Million. Citizens Financial Group Inc makes up approx 0.28% of Pzena Investment Management’s portfolio.
Citizens Financial Group Inc opened for trading at $23.4 and hit $23.855 on the upside on Wednesday, eventually ending the session at $23.69, with a gain of 1.89% or 0.44 points. The heightened volatility saw the trading volume jump to 67,71,547 shares. Company has a market cap of $12,532 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.
Many Wall Street Analysts have commented on Citizens Financial Group Inc. Citizens Financial Group Inc was Upgraded by Wells Fargo to ” Outperform” on May 13, 2016.
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).