Citizens Financial Group Inc (CFG) : Stieven Capital Advisors reduced its stake in Citizens Financial Group Inc by 23.06% during the most recent quarter end. The investment management company now holds a total of 431,300 shares of Citizens Financial Group Inc which is valued at $10,036,351 after selling 129,300 shares in Citizens Financial Group Inc , the firm said in a disclosure report filed with the SEC on Aug 11, 2016.Citizens Financial Group Inc makes up approximately 2.64% of Stieven Capital Advisors’s portfolio.
Other Hedge Funds, Including , Fmr boosted its stake in CFG in the latest quarter, The investment management firm added 60,632 additional shares and now holds a total of 449,395 shares of Citizens Financial Group Inc which is valued at $10,457,422.First Trust Advisors Lp boosted its stake in CFG in the latest quarter, The investment management firm added 636,101 additional shares and now holds a total of 1,030,909 shares of Citizens Financial Group Inc which is valued at $24,112,962. Citizens Financial Group Inc makes up approx 0.07% of First Trust Advisors Lp’s portfolio. Rdl Financial Inc added CFG to its portfolio by purchasing 15,502 company shares during the most recent quarter which is valued at $348,175. Citizens Financial Group Inc makes up approx 0.25% of Rdl Financial Inc’s portfolio.
Citizens Financial Group Inc opened for trading at $23.63 and hit $23.7599 on the upside on Tuesday, eventually ending the session at $23.53, with a gain of 0.13% or 0.03 points. The heightened volatility saw the trading volume jump to 46,98,184 shares. Company has a market cap of $12,223 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.
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).