Fjarde AP Fonden Fourth Swedish National Pension Fund Has $4.09 Million Holdings in Citizens Financial Group, Inc. $CFG

Fjarde AP Fonden Fourth Swedish National Pension Fund trimmed its holdings in shares of Citizens Financial Group, Inc. (NYSE:CFG) by 11.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 76,984 shares of the bank’s stock after selling 9,500 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Citizens Financial Group were worth $4,092,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Trust Co. of Vermont boosted its stake in Citizens Financial Group by 177.5% during the second quarter. Trust Co. of Vermont now owns 641 shares of the bank’s stock worth $29,000 after acquiring an additional 410 shares in the last quarter. GoalVest Advisory LLC raised its holdings in shares of Citizens Financial Group by 16,900.0% during the second quarter. GoalVest Advisory LLC now owns 680 shares of the bank’s stock valued at $30,000 after purchasing an additional 676 shares during the period. True Wealth Design LLC boosted its position in shares of Citizens Financial Group by 891.5% during the 3rd quarter. True Wealth Design LLC now owns 585 shares of the bank’s stock worth $31,000 after purchasing an additional 526 shares in the last quarter. REAP Financial Group LLC grew its stake in shares of Citizens Financial Group by 72.4% in the 2nd quarter. REAP Financial Group LLC now owns 736 shares of the bank’s stock valued at $33,000 after buying an additional 309 shares during the period. Finally, Capital A Wealth Management LLC grew its stake in shares of Citizens Financial Group by 3,970.0% in the 2nd quarter. Capital A Wealth Management LLC now owns 814 shares of the bank’s stock valued at $36,000 after buying an additional 794 shares during the period. Institutional investors own 94.90% of the company’s stock.

Citizens Financial Group Trading Up 0.3%

NYSE CFG opened at $60.82 on Monday. The company has a current ratio of 0.85, a quick ratio of 0.84 and a debt-to-equity ratio of 0.44. The business has a fifty day simple moving average of $56.81 and a 200 day simple moving average of $52.61. Citizens Financial Group, Inc. has a 12 month low of $32.60 and a 12 month high of $62.16. The firm has a market capitalization of $26.12 billion, a P/E ratio of 17.04, a PEG ratio of 0.53 and a beta of 0.72.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CFG. DA Davidson reiterated a “buy” rating and issued a $59.00 price target on shares of Citizens Financial Group in a report on Thursday, October 16th. Keefe, Bruyette & Woods upped their target price on Citizens Financial Group from $62.00 to $68.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 17th. Baird R W downgraded shares of Citizens Financial Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, December 11th. Truist Financial boosted their price target on shares of Citizens Financial Group from $56.00 to $63.00 and gave the company a “hold” rating in a research note on Monday, December 22nd. Finally, Cowen reaffirmed a “buy” rating on shares of Citizens Financial Group in a research note on Monday, December 1st. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Citizens Financial Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.33.

About Citizens Financial Group

Citizens Financial Group, Inc (NYSE: CFG) is a bank holding company that provides a broad range of banking and financial services to individuals, small and middle-market businesses, corporations and institutional clients. Headquartered in Providence, Rhode Island, Citizens conducts its banking operations principally through its primary banking subsidiary, Citizens Bank, and serves customers through a combination of branch locations, ATMs and digital channels. The company is publicly traded and operates under the regulatory framework applicable to U.S.