Citizens Financial Group Inc (NYSE:CFG) Director Wendy A. Watson sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $40.31, for a total value of $161,240.00. Following the transaction, the director now owns 12,917 shares in the company, valued at $520,684.27. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Citizens Financial Group Inc (NYSE CFG) traded down $0.96 on Tuesday, hitting $40.89. The stock had a trading volume of 6,205,616 shares, compared to its average volume of 4,749,350. The stock has a market cap of $20,590.00, a PE ratio of 16.47, a PEG ratio of 1.04 and a beta of 1.37. The company has a current ratio of 0.98, a quick ratio of 0.97 and a debt-to-equity ratio of 0.67. Citizens Financial Group Inc has a 52 week low of $31.51 and a 52 week high of $42.52.

Citizens Financial Group (NYSE:CFG) last released its earnings results on Friday, October 20th. The bank reported $0.68 EPS for the quarter, beating the Zacks’ consensus estimate of $0.64 by $0.04. The company had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.43 billion. Citizens Financial Group had a return on equity of 6.44% and a net margin of 20.26%. The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.52 EPS. sell-side analysts predict that Citizens Financial Group Inc will post 2.59 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Wednesday, November 15th. Stockholders of record on Wednesday, November 1st were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date was Tuesday, October 31st. Citizens Financial Group’s payout ratio is presently 29.15%.

CFG has been the topic of a number of recent analyst reports. Oppenheimer reiterated a “hold” rating on shares of Citizens Financial Group in a research report on Monday, October 23rd. Zacks Investment Research upgraded Citizens Financial Group from a “hold” rating to a “buy” rating and set a $37.00 price objective on the stock in a research report on Tuesday, September 12th. Barclays lifted their price objective on Citizens Financial Group from $39.00 to $41.00 and gave the stock an “equal weight” rating in a research report on Monday, October 23rd. Citigroup reiterated a “neutral” rating and issued a $42.00 price objective (up from $38.00) on shares of Citizens Financial Group in a research report on Monday, October 9th. Finally, Sanford C. Bernstein upgraded Citizens Financial Group from a “market perform” rating to an “outperform” rating and lifted their price objective for the stock from $38.00 to $43.00 in a research report on Thursday, September 14th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and seven have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $40.23.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Alps Advisors Inc. lifted its stake in shares of Citizens Financial Group by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 12,875 shares of the bank’s stock valued at $459,000 after purchasing an additional 33 shares during the period. Smithfield Trust Co. lifted its stake in shares of Citizens Financial Group by 1.4% in the 2nd quarter. Smithfield Trust Co. now owns 4,994 shares of the bank’s stock valued at $178,000 after purchasing an additional 70 shares during the period. First Allied Advisory Services Inc. lifted its stake in shares of Citizens Financial Group by 1.1% in the 2nd quarter. First Allied Advisory Services Inc. now owns 7,101 shares of the bank’s stock valued at $250,000 after purchasing an additional 76 shares during the period. Veritable L.P. lifted its stake in shares of Citizens Financial Group by 1.2% in the 2nd quarter. Veritable L.P. now owns 6,408 shares of the bank’s stock valued at $229,000 after purchasing an additional 79 shares during the period. Finally, D.A. Davidson & CO. lifted its stake in shares of Citizens Financial Group by 2.8% in the 2nd quarter. D.A. Davidson & CO. now owns 6,845 shares of the bank’s stock valued at $244,000 after purchasing an additional 188 shares during the period. Institutional investors own 98.84% of the company’s stock.

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About Citizens Financial Group

Citizens Financial Group, Inc is a retail bank holding company. The Company operates through two segments: Consumer Banking and Commercial Banking. Its Consumer Banking serves retail customers and small businesses. Consumer Banking products and services include deposit products, mortgage and home equity lending, auto financing, student loans, personal unsecured lines and loans, credit cards, business loans, wealth management and investment services.

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