Fulton Breakefield Broenniman LLC Has $414,000 Holdings in Citizens Financial Group Inc (NYSE:CFG)

Fulton Breakefield Broenniman LLC lifted its stake in shares of Citizens Financial Group Inc (NYSE:CFG) by 14.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,194 shares of the bank’s stock after buying an additional 1,290 shares during the period. Fulton Breakefield Broenniman LLC’s holdings in Citizens Financial Group were worth $414,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in CFG. Atwater Malick LLC acquired a new position in shares of Citizens Financial Group during the third quarter worth $30,000. Assetmark Inc. increased its holdings in Citizens Financial Group by 243.6% in the second quarter. Assetmark Inc. now owns 962 shares of the bank’s stock valued at $34,000 after purchasing an additional 682 shares during the period. Rational Advisors LLC increased its holdings in Citizens Financial Group by 444.8% in the third quarter. Rational Advisors LLC now owns 1,106 shares of the bank’s stock valued at $39,000 after purchasing an additional 903 shares during the period. CSat Investment Advisory L.P. increased its holdings in Citizens Financial Group by 162.6% in the second quarter. CSat Investment Advisory L.P. now owns 1,363 shares of the bank’s stock valued at $48,000 after purchasing an additional 844 shares during the period. Finally, HM Payson & Co. acquired a new stake in Citizens Financial Group in the second quarter valued at $49,000. Institutional investors own 95.71% of the company’s stock.

NYSE CFG opened at $40.01 on Wednesday. The company has a market capitalization of $17.18 billion, a price-to-earnings ratio of 11.24, a PEG ratio of 2.32 and a beta of 1.50. Citizens Financial Group Inc has a twelve month low of $31.30 and a twelve month high of $40.92. The stock has a fifty day simple moving average of $39.72 and a 200 day simple moving average of $36.46. The company has a quick ratio of 0.96, a current ratio of 0.97 and a debt-to-equity ratio of 0.62.

Citizens Financial Group (NYSE:CFG) last posted its quarterly earnings data on Friday, October 18th. The bank reported $0.98 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.96 by $0.02. Citizens Financial Group had a return on equity of 8.85% and a net margin of 22.29%. The business had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.62 billion. During the same period in the prior year, the business posted $0.93 earnings per share. Citizens Financial Group’s quarterly revenue was up 4.7% on a year-over-year basis. Research analysts expect that Citizens Financial Group Inc will post 3.81 earnings per share for the current fiscal year.

A number of analysts recently weighed in on the company. Barclays upgraded Citizens Financial Group from an “equal weight” rating to an “overweight” rating and set a $49.00 price objective for the company in a report on Monday, January 6th. JPMorgan Chase & Co. decreased their price objective on Citizens Financial Group from $42.00 to $39.50 and set an “overweight” rating for the company in a report on Thursday, October 10th. Morgan Stanley decreased their price objective on Citizens Financial Group from $43.00 to $42.00 and set an “overweight” rating for the company in a report on Thursday, October 3rd. ValuEngine downgraded Citizens Financial Group from a “hold” rating to a “sell” rating in a report on Tuesday, December 10th. Finally, Zacks Investment Research upgraded Citizens Financial Group from a “strong sell” rating to a “hold” rating and set a $30.00 price objective for the company in a report on Wednesday, October 23rd. One investment analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $40.19.

Citizens Financial Group Profile

Citizens Financial Group, Inc operates as the bank holding company for Citizens Bank, National Association and Citizens Bank of Pennsylvania that provides retail and commercial banking products and services in the United States. The company operates in two segments, Consumer Banking and Commercial Banking.

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Institutional Ownership by Quarter for Citizens Financial Group (NYSE:CFG)

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