Shares of Citizens Financial Group (NYSE:CFG) Sees Large Inflow of Net Money Flow

Citizens Financial Group (NYSE:CFG) dropped by -0.93 or -0.21 points during the last session to $22.25 per share. One of the highlights of the day was the net money flow figure, which stood at $1.9 million even as the stock accepted $9.42 million in upticks but rejected $7.52 million in downticks. The up/down ratio for the last observation was a 1.25. The 1-week percentage change for the stock price is registered at -3.85%.A block transaction occurred with $4.17 million in upticks and $1.62 million in downticks while the up/down ratio was calculated to be 2.57. The stock witnessed a net inflow of $2.55 million at the end of the block trade.


Currently the company Insiders own 0.22% of Citizens Financial Group shares according to the proxy statements. Institutional Investors own 95.07% of Citizens Financial Group shares. During last six month period, the net percent change held by insiders has seen a change of 6.56%. On the companys insider trading activities, Subramaniam Shivan S., director of Citizens Financial Group Inc/Ri, executed a transaction worth $104,550 on March 8, 2016. A total of 5,000 shares were purchased at an average price of $20.91. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Citizens Financial Group (NYSE:CFG) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.38 points or 1.69% at $22.08 with 5,179,736 shares getting traded. Post opening the session at $22.31, the shares hit an intraday low of $22.05 and an intraday high of $22.72 and the price was in this range throughout the day. The company has a market cap of $11,680 million and the number of outstanding shares have been calculated to be 528,980,180 shares. The 52-week high of Citizens Financial Group (NYSE:CFG) is $28.54 and the 52-week low is $18.04.

Many analysts have stated their opinion on the company shares. Equity Analysts at the Brokerage Firm, Citigroup, maintains their rating on the shares of Citizens Financial Group (NYSE:CFG). Citigroup has a Buy rating on the shares. As per the latest research report, the brokerage house raises the price target to $26 per share from a prior target of $24. The rating by the firm was issued on June 6, 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 1,200 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).

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