M3f buys $6,259,500 stake in Citizens Financial Group Inc (CFG)

Citizens Financial Group Inc (CFG) : M3f scooped up 67,500 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 Aug 9, 2016. The investment management firm now holds a total of 267,500 shares of Citizens Financial Group Inc which is valued at $6,259,500.Citizens Financial Group Inc makes up approximately 5.30% of M3f’s portfolio.

Other Hedge Funds, Including , Eii Capital Management reduced its stake in CFG by selling 28,890 shares or 21.32% in the most recent quarter. The Hedge Fund company now holds 106,600 shares of CFG which is valued at $2,394,236. Citizens Financial Group Inc makes up approx 0.68% of Eii Capital Management’s portfolio. Copper Rock Capital Partners added CFG to its portfolio by purchasing 10,499 company shares during the most recent quarter which is valued at $223,839. Citizens Financial Group Inc makes up approx 0.02% of Copper Rock Capital Partners’s portfolio.Nisa Investment Advisors boosted its stake in CFG in the latest quarter, The investment management firm added 23,293 additional shares and now holds a total of 24,393 shares of Citizens Financial Group Inc which is valued at $511,765. Citizens Financial Group Inc makes up approx 0.01% of Nisa Investment Advisors’s portfolio. Central Bank Trust Co sold out all of its stake in CFG during the most recent quarter. The investment firm sold 246 shares of CFG which is valued $5,058.

Citizens Financial Group Inc opened for trading at $23.32 and hit $23.54 on the upside on Wednesday, eventually ending the session at $23.44, with a gain of 0.21% or 0.05 points. The heightened volatility saw the trading volume jump to 42,41,687 shares. Company has a market cap of $12,176 M.

On the company’s financial health, Citizens Financial Group Inc reported $0.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $0.44. The company had revenue of $1278.00 million for the quarter, compared to analysts expectations of $1263.39 million. The company’s revenue was up 6.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.40 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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