River Mercantile Asset Management Llp buys $4,503,483 stake in Citizens Financial Group Inc (CFG)

Citizens Financial Group Inc (CFG) : River Mercantile Asset Management Llp scooped up 91,900 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 Jul 13, 2016. The investment management firm now holds a total of 219,041 shares of Citizens Financial Group Inc which is valued at $4,503,483.Citizens Financial Group Inc makes up approximately 1.81% of River Mercantile Asset Management Llp’s portfolio.

Other Hedge Funds, Including , Cutler Group Lp boosted its stake in CFG in the latest quarter, The investment management firm added 32,520 additional shares and now holds a total of 33,690 shares of Citizens Financial Group Inc which is valued at $692,666. Citizens Financial Group Inc makes up approx 0.05% of Cutler Group Lp’s portfolio. Quotient Investors sold out all of its stake in CFG during the most recent quarter. The investment firm sold 13,536 shares of CFG which is valued $278,300.Chevy Chase Trust Holdings boosted its stake in CFG in the latest quarter, The investment management firm added 6,527 additional shares and now holds a total of 457,215 shares of Citizens Financial Group Inc which is valued at $9,075,718. Citizens Financial Group Inc makes up approx 0.05% of Chevy Chase Trust Holdings’s portfolio.

Citizens Financial Group Inc (CFG) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $20.94 and reached the intraday high at $21.08. The bulls started the profit booking and pushed the shares to intraday low of $20.74. The trading session was marked by a volume range of 82,84,919 shares exchanging hands. The 52-week high of the shares is $28.17 and the 52-week low is $18.04. The market cap of the company stands at $11,098 M and there are 52,89,80,180 shares in public circulation.

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 Company’s banking footprint and in eleven other states and the District of Columbia. The Company operates in two segments: Consumer Banking and Commercial Banking. The Company’s subsidiaries are Citizens Bank N.A. (CBNA) and Citizens Bank of Pennsylvania (CBPA).

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